Stock Market Today: All You Need To Know Going Into Trade On Feb. 6

Asian stocks advanced on Thursday tracking second consecutive day of gains on Wall Street amid the looming US-China trade war and muted technology earnings.

Japan's Nikkei was up 260 points, or 0.68% at 39,097 while South Korea's Kospi rose 0.26%, or 11 points to 2,520 as of 6:30 a.m. Future contracts in China and Hong Kong hint at a positive start for the benchmarks.

Stocks in China ended Wednesday's session lower after the stock market opened for trade after a long holiday amid rising trade tensions with the US.

Stocks on Wall Street extended their gains for the second day while the 10-year yield dropped nine basis points to 4.42%. The S&P 500 and the tech-heavy Nasdaq Composite rose 0.39% and 0.19%, respectively. The Dow Jones Industrial Average advanced 0.71%.

The dollar index reversed its gains when Trump's tariff news against Canada and Mexico hit the market. The dollar index — which tracks the greenback's performance against a basket of 10 leading global currencies — was 0.09% up at 107.67.

The NSE Nifty 50 and BSE Sensex ended with marginal losses on Wednesday as ITC Ltd. and Larsen & Toubro Ltd. share prices dragged. The index erased most of its morning gains as earnings reports did little to lift investor sentiments.

The Nifty 50 ended 42.95 points, or 0.18% down at 23,696.30, and the Sensex ended 312.53 points, or 0.40% down at 78,271.28.

Foreign portfolio investors turned net sellers of Indian equities on Wednesday after a session of buying as they sold stocks worth approximately Rs 1,682.8 crore. Domestic institutional investors turned net buyers after a selling session as they mopped up equities worth Rs 996.3 crore, according to provisional data from the National Stock Exchange.

Swiggy Q3FY25 Highlights (Consolidated, QoQ)

• Revenue up 10.9% at Rs 3,993 crore versus Rs 3,601 crore (Bloomberg estimate: Rs 4019 crore).

• Ebitda loss of Rs 726 crore versus Ebitda loss of Rs 554 crore (Bloomberg estimate: loss of Rs 535 crore).

• Net Loss of Rs 799 crore versus loss of Rs 626 crore (Bloomberg estimate: loss of Rs 620 crore).

• Food Delivery Revenue up 3.8% at Rs 1,637 crore versus Rs 1,577 crore.

• Quick Commerce Revenue up 17.7% at Rs 577 crore verus Rs 490 crore.

• Supply chain and distribution Revenue up 16.5% at Rs 1,693 crore versus Rs 1,453 crore.

Sula Vineyards Q3FY25 Earnings (Consolidated, YoY)

• Revenue down 0.4% at Rs 200 crore versus Rs 203 crore (Bloomberg estimate: Rs 206 crore).

• Ebitda down 26.2% at Rs 53.1 crore versus Rs 71.9 crore (Bloomberg estimate: Rs 68 crore).

• Margin at 26.5% versus 35.4% (Bloomberg estimate: 33%).

• Net profit down 34.7% at Rs 28.1crore versus Rs 43 crore (Bloomberg estimate: Rs 40 crore).

Data Patterns Q3FY25 Highlights (Consolidated, YoY)

• Revenue down 16.1% at Rs 117 crore versus Rs 140 crore (Bloomberg estimate: Rs 175 crore).

• Ebitda down 10% at Rs 54 crore versus Rs 60 crore (Bloomberg estimate: Rs 69 crore).

• Margin at 46.2% versus 43% (Bloomberg estimate: 39.4%).

• Net profit down 12.4% at Rs 44.7 crore versus Rs 51 crore (Bloomberg estimate: Rs 56 crore).

HG Infra Engineering Q3FY25 Highlights (Consolidated, YoY)

• Revenue down 7.3% at Rs 1,265 crore versus Rs 1,365 crore.

• Ebitda up 25.6% at Rs 287 crore versus Rs 228 crore.

• Margin at 22.7% versus 16.7%.

• Net profit up 12.8% at Rs 115 crore versus Rs 102 crore. 

Sagility India Q3FY25 Highlights (Consolidated, YoY)

• Revenue up 15.3% at Rs 1453 crore versus Rs 1260 crore 

• Ebitda up 50.8% at Rs 392 crore versus Rs 260 crore 

• Margin at 27% versus 20.6% 

• Net profit at Rs 217 crore versus Rs 70.5 crore 

Gujarat Gas Q3FY25 Highlights (Consolidated, QoQ)

• Revenue up 9.72% at Rs 4152.89 crore versus Rs 3781.75 crore (Bloomberg estimate: Rs 4080 crore).

• Ebitda down 26.01% at Rs 380.45 crore versus Rs 514.16 crore (Bloomberg estimate: Rs 441 crore).

• Margin at 9.16% vs 13.59% down 443 bps (Bloomberg estimate: 10.8%).

• Net profit down 28.42% at Rs 220.99 crore versus Rs 308.74 crore (Bloomberg estimate: Rs 263 crore).

GE Vernova T&D India Q3FY25 Highlights

• Revenue up 28% at Rs 1,074 crore versus Rs 840 crore (Bloomberg estimate: Rs 1165 crore).

• Ebita up 86.3% at Rs 180 crore versus Rs 96.4 crore (Bloomberg estimate: Rs 192 crore).

• Margin at 16.7% versus 11.5% (Bloomberg estimate: 16.6%).

• Net profit at Rs 143 crore versus Rs 49.4 crore (Bloomberg estimate: Rs 136 crore).

CCL Products Q3FY25 Highlights

• Revenue up 14.1% at Rs 758 crore versus Rs 664 crore (Bloomberg estimate: Rs 782 crore).

• Ebitda up 12.2% at Rs 124 crore versus Rs 111 crore (Bloomberg estimate: Rs 135 crore).

• Margin at 16.4% versus 16.7% (Bloomberg estimate: 17.3%).

• Net profit down 0.4% at Rs 63 crore versus Rs 63.3 crore (Bloomberg estimate: Rs 75 crore).

Redington Q3FY25 Highlights

• Revenue up 13.7% at Rs 26,716 crore versus Rs 23,505 crore (Bloomberg estimate: Rs 26036 crore).

• Ebitda up 16.5% at Rs 603 crore versus Rs 517 crore (Bloomberg estimate: Rs 499 crore).

• Margin at 2.3% versus 2.2% (Bloomberg estimate: 1.9%).

• Net profit up 17.5% at Rs 400 crore versus Rs 341 crore (Bloomberg estimate: Rs 317 crore).

VRL Logistics Q3FY25 Highlights (Consolidated, YoY)

• Revenue up 12% at Rs 825 crore versus Rs 737 crore (Bloomberg estimate: Rs 824 crore).

• Ebitda up 76.4% at Rs 166 crore versus Rs 94.3 crore (Bloomberg estimate: Rs 135 crore).

• Margin at 20.2% versus 12.8% (Bloomberg estimate at 16.4%).

• Net profit at Rs 59.42 crore versus Rs 13.7 crore (Bloomberg estimate: Rs 38 crore).

Welspun Corp Q3FY25 Highlights (Consolidated, YoY)

• Revenue down 23.9% at Rs 3,614 crore versus Rs 4,750 crore.

• EBITDA down 6.2% at Rs 434 crore versus Rs 463 crore.

• Margin at 12% versus 9.7%.

• Net profit at Rs 675 crore versus Rs 292 crore.

Kansai Nerolac Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 0.2% at Rs 1,922 crore versus Rs 1,919 crore (Bloomberg estimate: Rs 1932 crore).

• Ebitda down 3.7% at Rs 235 crore versus Rs 244 crore (Bloomberg estimate: Rs 222 crore).

• Margin at 12.2% versus 12.7% (Bloomberg estimate: 11.5%).

• Net profit at Rs 681 crore versus Rs 154 crore (Bloomberg estimate: Rs 141 crore).

• Exceptional gain in third quarter of Rs 629 crore due to sale of land parcel.

Skipper Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 41.62% at Rs 1135.25 crore versus Rs 801.58 crore.

• Ebitda up 43.9% at Rs 110.91 crore versus Rs 77.07 crore.

• Margin at 9.76% verus 9.61% up 15 bps.

• Net profit up 76.09% at Rs 36.1 crore versus Rs 20.5 crore. 

Timken India Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 9.7% at Rs 671 crore versus Rs 612 crore

• Ebitda up 4% at Rs 107 crore versus Rs 102 crore

• Margin at 15.9% versus 16.7%

• Net profit up 10.1% at Rs 74.3 crore versus Rs 67.5 crore

Avalon Technologies Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 31.1% at Rs 281 crore versus Rs 214 crore (Bloomberg estimate: Rs 283 crore).

• Ebitda at Rs 34.5 crore versus Rs 16.4 crore (Bloomberg estimate: Rs 32 crore).

• Margin at 12.3% versus 7.7% (Bloomberg estimate: 11.3%).

• Net profit at Rs 23.9 crore versus Rs 6.5 crore (Bloomberg estimate: Rs 19 crore).

CMS Info Systems Q3 FY25 Highlights (Consolidated, QoQ)

• Revenue down 6.9% at Rs 581 crore versus Rs 625 crore (Bloomberg estimate: Rs 660 crore).

• Ebitda up 4.3% at Rs 159 crore versus Rs 153 crore (Bloomberg estimate: Rs 163 crore).

• Margin at 27.4% versus 24.5% (Bloomberg estimate: 24.7%).

• Net profit up 2.4% at Rs 93.1 crore versus Rs 90.9 crore (Bloomberg estimate: Rs 97 crore).

Innova Captab Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 4.6% at Rs 316 crore versus Rs 302 crore.

• Ebitda up 4.5% at Rs 46.5 crore versus Rs 44.5 crore.

• Margin at 14.7% versus 14.7%.

• Net profit up 36.3% at Rs 34.2 crore versus Rs 25.1 crore.

Jagran Prakashan Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 1.1% at Rs 517 crore versus Rs 511 crore.

• Ebitda down 20.3% at Rs 83.5 crore versus Rs 105 crore.

• Margin at 16.2% vs 20.5%.

• Net profit down 15.2% at Rs 62.6 crore versus Rs 73.8 crore.

Reliance Power Q3 FY25 Highlights (Consolidated, YoY)

• Revenue down 4.7% at Rs 1,853 crore versus Rs 1,944 crore.

• Ebitda at Rs 492 crore versus Ebitda loss of Rs 364 crore.

• Margin at 26.5%.

• Net profit at Rs 42 crore versus loss of Rs 1,137 crore.

Medi Assist Healthcare Services Q3 FY25 Highlights (Consolidated, YoY)

• Revenue up 28.9% at Rs 34.3 crore versus Rs 26.6 crore (Bloomberg estimate: Rs 85 crore).

• Ebitda down 5.3% at Rs 7.2 crore versus Rs 7.6 crore (Bloomberg estimate: Rs 40 crore).

• Margin at 21% versus 28.6% (Bloomberg estimate: 21.6%).

• Net profit down 28% at Rs 3.6 crore versus Rs 5 crore (Bloomberg estimate: Rs 23 crore).

Nifty 50 Earnings: SBI, Hero MotoCorp, ITC, Britannia Industries, Trent, Bharti Airtel.

Other Earnings: Aadhar Housing Finance, Aurobindo Pharma, Bharat Dynamics, BEML, Bharti Hexacom, NMDC, Cochin Shipyard, DCX Systems, PVR Inox, the Ramco Cements, REC, Akums Drugs and Pharmaceuticals, JK Lakshmi Cement, Apollo Tyres, Bikaji Foods International, KPI Green Energy, Sapphire Foods India, Sobha, Chambal Fertilisers & Chemicals, Emcure Pharmaceuticals, Finolex Industries, GMM Pfaudler, Goodluck India, Greenpanel Industries, Greenply Industries, Gulf Oil Lubricants India, HIL Ltd, India Shelter Finance Corp, Kennametal India, Krishna Institute of Medical Sciences, KRBL, Minda Corp, Morepen Laboratories, MRF, Motherson Sumi Wiring India, Muthoot Microfin, NCC, NOCIL, NMDC Steel, PG Electroplast, PI Industries, Prism Johnson, Rupa & Company, Sai Life Sciences, Somany Ceramics, Sonata Software, Surya Roshni, Tarc, TCI Express, T D Power Systems, Unichem Laboratories, UNO Minda, Websol Energy System, ZF Commercial Vehicle Control Systems India

• Azad Engineering: The company entered into a long-term pact with Rolls-Royce for aircraft engine parts.

• Welspun Corp: The company approved the sale of 19% stake in Welassure to Rakshak Securitas. It also approved investment of up to Rs 250 crore in arm Welspun Specialty Solutions.

• UltraTech Cement: The company commissioned an additional 0.6 MTPA grinding capacity at an existing unit in Sonar Bangla, West Bengal. Additional capacity to service cement demand in the east India region.

• ICICI Prudential Life Insurance Co.: The company gets International Financial Services Centres Authority approval to set up life insurance operations in GIFT City.

• Apollo Micro Systems: The company entered into a consortium pact with Redon Systems for the procurement of Landing Module systems.

• Info Edge (India): The company will enter into a contribution pact with IE Venture Investment to contribute up to Rs 1,000 crore directly or through arms.

• Mahindra and Mahindra: Mahindra Electric Origin SUVs to open bookings for all nine variants on Feb 14.

• Religare Enterprises: Hamid Ahmed resigned as the non-executive independent director of the company with immediate effect.

• Redington: The company approved the appointment of VS Hariharan as the managing director and group chief executive officer for five years.

• Star Health and Allied Insurance Co.: The company received a GST demand of Rs 24 crore, with a penalty imposed due to the disallowance of ITC related to certain marketing expenses incurred.

• Dabur India: The company gets a GST demand worth Rs 46 crore including penalty.

• Orient Cement: The arbitral tribunal has ruled in favour of the company and ordered Singareni Collieries to supply coal worth Rs 10.37 crore to the company.

• Bharat Petroleum Corp.: The company gets a GST demand order of Rs 22.8 crore including penalty.

• Nifty February futures down by 0.12% to 23,772.60 at a premium of 76.3 points.

• Nifty February futures open interest down by 0.5%.

• Nifty Options Feb Expiry: Maximum call open interest at 24,000 and maximum put open interest at 23,000

• Securities in ban period: nil

Mankind Pharma

• Copthall Mauritius Investment bought 45,000 shares or 0.01% equity for Rs 11.49 crore. 

• Orbimed Genesis Master Fund L.P. bought 45,000 shares or 0.01% equity for Rs 11.49 crore.

• Prataap Snacks: Bharat Value Fund bought 50,1781 shares (2.1% equity) at Rs 1,104.41 apiece.

• Easy Trip Planners: Core4 Marcom Pvt. sold 3.18 crore shares (0.9% equity) at Rs 13.09 per share.

• Jindal Drilling and Industries: Bhagya-Laxmi-Finlease-&-Investments-(P)-Ltd sold 1.5 lakh shares (0.5% equity) at Rs 964.61 apiece.

• Religare Enterprises: Investor Girdharilal Vishindas Lakhi sold 17 lakh shares (0.5% equity) at Rs 245.48 apiece.

• Inox Wind to meet Nuvama India on Feb. 10.

• PVR Inox to meet Nuvama India on Feb. 10.

• Oberoi Realty to meet Nuvama India on Feb. 10.

• Titan to meet a group of investors, analysts and asset managers between Feb. 10 and Feb. 25.

• Deepak Fertilisers to participate in one-day non-deal roadshow at Mumbai held by Emkay Global to meet various investors and analysts

• Price Band Change From 10% To 20%: AAA Technologies, Aakash Exploration Services, Accuracy Shipping, Agni Green Power, Ambica Agarbathies & Aroma Industries, Anya Polytech & Fertilizers, Archidply Industries, Asahi Songwon Colors, Ashoka Metcast, Atul Auto, Aurionpro Solutions, Banco Products (I), Banka Bioloo, Century Extrusions, Cinevista, Country Condo's, Cupid, DCM, DCM Nouvelle, DCX Systems, Dhunseri Investments, Digidrive Distributors, Diligent Media Corporation, DRC Systems India, Dredging Corporation Of India, Ducon Infratechnologies, Edelweiss Financial Services, Enviro Infra Engineers, Fairchem Organics, Fusion Finance, Geojit Financial Services, GE Power India, GTL Infrastructure, IFB Agro Industries, Indowind Energy, Intense Technologies, JHS Svendgaard Laboratories, JNK India, Jyoti Structures, Kapston Services, Keynote Financial Services, Kiri Industries, Krishca Strapping Solutions, KRN Heat Exchanger And Refrigeration, Lakshmi Finance & Industrial Corporation, Liberty Shoes, Lincoln Pharmaceuticals, Lloyds Enterprises, Lypsa Gems & Jewellery, Macpower Cnc Machines, Manaksia Aluminium Company, Medico Remedies, Mirc Electronics, Moschip Technologies, The Motor & General Finance, MRO-Tek Realty, Nath Bio-Genes (India), NDR Auto Components, Newgen Software Technologies, Network People Services Technologies, NTPC Green Energy, Oneclick Logistics India, Omaxe, Onelife Capital Advisors, Paras Defence And Space Technologies, Pavna Industries, Prime Focus, PIX Transmissions, Prajay Engineers Syndicate, Premier Explosives, Rane Engine Valve, Reliable Data Services, Saakshi Medtech And Panels, Sahasra Electronic Solutions, S.A.L. Steel, Somi Conveyor Beltings, Sathlokhar Synergys E&C Global, Starteck Finance, Sundaram Multi Pap, Surana Telecom And Power, Syncom Formulations (India), Tarmat, Tokyo Plast International, Total Transport Systems, Touchwood Entertainment, TPL Plastech, Uma Converter, Uravi Defence And Technology, Veranda Learning Solutions, Vishnusurya Projects And Infra, Vital Chemtech, We Win, Worth Peripherals and Zee Learn.

• Price Band Change From 5% To 20%: Arrow Greentech, Ashima, BF Utilities, Diffusion Engineers, Digispice Technologies, Ema Partners India, Gallantt Ispat, GMR Power And Urban Infra, KN Agri Resources, MBL Infrastructure, Megatherm Induction, Mindteck (India), Nandan Denim, Onesource Specialty Pharma, Oswal Agro Mills, Power Mech Projects, RBZ Jewellers, Reliance Infrastructure, Reliance Power, S J Logistics (India), The Investment Trust Of India, Wanbury

• Price Band Change From 20% to 10%: Sat Kartar Shopping.

• Price Band Change From 5% to 10%: Aarey Drugs & Pharmaceuticals, Aarti Surfactants, Archidply Décor, Aimtron Electronics, Ajooni Biotech, Aluwind Architectural, Anik Industries, Anlon Technology Solutions, Antarctica, Australian Premium Solar (India), Archies, Bartronics India, Binani Industries, Canarys Automations, Country Club Hospitality & Holidays, Cellecor Gadgets, Chaman Metallics, Creative Eye, Crown Lifters, DCG Cables & Wires, Ducol Organics And Colours, Dynemic Products, Essen Speciality Films, Exicom Tele-Systems, Fiberweb (India), Ganga Forging, Globe Textiles (India), The Grob Tea Company, Gujarat Apollo Industries, GVP Infotech, Sri Havisha Hospitality And Infrastructure, HB Stockholdings, HCL Infosystems, Hexa Tradex, Hind Rectifiers, Hov Services, Inspirisys Solutions, Inox Wind Energy, Karma Energy, Kaushalya Infrastructure Development Corporation, Kaya, Khaitan (India), Kontor Space, Krishna Defence And Allied Industries, Mangalam Organics, Modi Rubber, Motisons Jewellers, Nephro Care India, Nirman Agri Genetics, Optiemus Infracom, Oriental Trimex, Panacea Biotec, Pansari Developers, Paras Petrofils, PC Jeweller, Pondy Oxides & Chemicals, Pramara Promotions, Prolife Industries, PTC Industries, Ravindra Energy, JHS Svendgaard Retail Ventures, Rachana Infrastructure, Ravi Kumar Distilleries, Sagardeep Alloys, Secmark Consultancy, SEL Manufacturing Company, Sequent Scientific, Servotech Renewable Power System, Shah Metacorp, Shrenik, Spandana Sphoorty Financial, Srivari Spices And Foods, S&S Power Switchgears, Super Spinning Mills, Supreme Holdings & Hospitality (India), Surana Solar, Suzlon Energy, Sterling And Wilson Renewable Energy, TBI Corn, Tantia Constructions, Tecil Chemicals And Hydro Power, Shree Tirupati Balajee FIBC, Trejhara Solutions, Vilas Transcore, Xelpmoc Design And Tech, Zaggle Prepaid Ocean Services, Zee Media Corporation, Zenith Exports, Zenith Steel Pipes & Industries and Zodiac Energy.

• Price Band Change From 10% to 5%: A And M Jumbo Bags, Medicamen Organics, Viaz Tyres and Wockhardt.

• Stocks trading ex-dividend: Container Corporation Of India, India Motor Parts & Accessories, IRB Infrastructure Developers, Sharda Cropchem, Sun Pharmaceutical Industries and Triveni Turbine

• Stocks trading ex-bonus: Ksolves India and Minolta Finance

• Price Band Change From 5% To 2%: AKI India and Radaan Mediaworks India

• Stocks Moving Into Short-Term Same Framework: RBM Infracon, Sat Kartar Shopping.

• Stocks Moving Out of ASM Framework: Anant Raj, Apar Industries, Delta Autocorp, Indoco Remedies, Netweb Technologies India, Zen Technologies

The rupee ends 38 paise lower at a record closing low of 87.46 against the US dollar due to FII exits that have added to the US-China trade tension. It closed at 87.08 on Tuesday.

The Indian rupee hit a fresh record low after opening weaker today as global funds continued to sell the currency amid global tensions.