A busy period of corporate earnings saw record-breaking performances from auto and engineering giants, while some consumer-facing companies and pharma players struggled with profitability, leading to significant stock price movements. Major corporate actions, including a large stake sale and new listings, also captured investor attention.
Key Highlights & Strong Performers
Bajaj Auto Smashes Records: The automaker delivered a blockbuster quarter with all-time highs across the board.
Revenue: Grew 14% to a record ~₹15,000 crore.
EBITDA Margin: Hit a multi-year high of 20.5%.
Performance: Driven by a 24% surge in exports and a profitable EV business that now boasts a double-digit EBITDA margin. Shares closed flat.
Hitachi Energy Soars on Quadrupled Profit: The engineering firm’s stock jumped 3.25% after a stellar performance.
Net Profit (PAT): Surged an incredible 405% YoY to ₹264 crore.
Order Book: Reached a record high of ₹29,412 crore, ensuring strong future revenue visibility.
LIC Jumps 4% on Profit Beat: The insurance giant impressed the street, leading to bullish brokerage calls.
Net Profit: Rose 32% YoY to ₹10,053 crore.
Stock: Gained over 4% as analysts upgraded target prices, citing margin expansion and an expected recovery in premium growth.
Kalyan Jewellers Profit Doubles: The jeweller posted fantastic results driven by strong consumer demand.
Net Profit (PAT): Grew 100% YoY to ₹261 crore.
Festive Sales: Reported a 30%+ same-store sales growth during the key 30-day Diwali period.
BHEL Wins Major Order: The capital goods firm secured a massive ₹6,650 crore EPC order from NTPC for a thermal power project, causing its stock to recover from intraday lows.
Other Notable Winners:
Cummins India: Hit a record high after its net profit surged 38.5%.
Neuland Labs: Saw its stock rise 2.37% on record revenue and a strong 33% EBITDA margin.
JSW Cement: Swung to a net profit of ₹86.4 crore from a loss last year, on a 17.4% revenue increase.
Aarti Industries: Profit doubled, and its stock ended 1.27% higher.
Interarch Building Solutions: The standout gainer, surging 12% after its revenue jumped 52% and EBITDA grew 65%.
Piramal Finance: Made a strong market debut after its merger, listing at a 12% premium.
Mixed Results & Market Disappointments
Lumax Industries Falls Despite Strong Results: In a classic case of profit-booking, shares fell over 6% despite excellent numbers.
Net Profit: Increased 25.8%.
EBITDA Margin: Expanded to 8.8% from 7.4%.
Bharti Airtel Dips on Stake Sale: The stock dropped 4.1% after its major shareholder, Singtel, confirmed it sold a 0.8% stake for approximately $1.18 billion.
Mankind Pharma Disappoints: The pharma major saw its profit dip 21.3%, with management citing “transformation pains” from internal restructuring and the BSV integration. The stock fell nearly 2%.
Consumer & Industrial Weakness:
Crompton Greaves: Stock fell 3% as net profit declined 43% due to weak demand for cooling products.
ABB India: Profit dropped 7% on higher expenses, sending the stock down 3%.
Devyani International (KFC Operator): Stock slumped 4.6% after reporting a net loss of ₹219 million.
Amber Enterprises: Slipped into a net loss of ₹32.9 crore from a profit a year ago.
Subdued Listing:
Studds Accessories: The helmet maker made a weak debut, listing at a 3.4% discount to its IPO price, with its offer-for-sale (OFS) structure cited as a concern.
