On Wednesday, 2927 stocks advanced, 1306 declined and 147 remained unchanged on Bombay Stock Exchange with advance decline ratio of 2.24 indicating a positive closing. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 69 securities advanced and closed at a new 52-week high whereas 177 securities sank to close at their new 52-week lows. Nifty Energy, Nifty Metal and Nifty Media were among the biggest gainers. Nifty FMCG and Nifty Pharma were among the biggest losers.
Caplin Steriles a subsidiary of Caplin Point Laboratories (+1.72%), received final USFDA approval for its ANDA of Methylprednisolone Acetate Injectable Suspension USP in 40mg/mL and 80mg/mL strengths. The approval covers single dose vials, marking a key regulatory milestone in the US injectable market. The product is a generic equivalent of Pfizer’s DEPO MEDROL, widely prescribed as an anti inflammatory therapy.
Tata Power Renewable Energy Ltd (TPREL), a wholly owned subsidiary of Tata Power, has commissioned 10 GW of renewable EPC projects in India, marking a major milestone. The portfolio is dominated by solar capacity of 9.7 GW, alongside 290 MW of wind projects. It includes a balanced mix of 4.2 GW in house projects and 5.8 GW executed for third party clients.
Intellect Design Arena (+1.60%) announced an accelerated US expansion with its AI first real time payments platform, built from first principles to support banks as demand for instant payments rises. Industry estimates suggest US real time payments revenue could reach $2 billion by 2030, growing at ~40% annually. The company highlighted that many banks are yet to join real time payment networks, creating an opportunity to adopt modern architectures over legacy systems. Intellect currently serves 18 banks and 176 credit unions in North America, alongside 500+ financial institutions globally.
Wanbury (+15.05%) announced the commencement of commercial production of a high potent anaesthetic API at its Tanuku, Andhra Pradesh facility. The new API is expected to generate incremental revenues of ~₹18 crore in Q4 FY26, driven by rising global demand. This rollout strengthens Wanbury’s position in the domestic and international regulated API supply chain. The company is also progressing on a multi purpose intermediate production block at Tanuku, scheduled to be operational by March 2026.
Poonawalla Fincorp (+0.47%) announced the rollout of five new AI powered enterprise solutions, reinforcing its AI first operating model. The initiatives extend AI into strategic decision making, customer onboarding, data quality, experience analytics, and application development. A key launch is the AI powered Competition Benchmarking Engine, which embeds real time market intelligence into pricing and positioning. The system autonomously tracks competitor pricing, product changes, and engagement patterns, converting them into decision ready insights.
GAIL (India) (+5.10%) entered into a long‑term charter agreement with Mitsui O.S.K. Lines (MOL), Tokyo, for an LNG carrier named “GAIL BHUWAN.” The agreement was signed during India Energy Week in Goa, Maruti Suzuki India (-2.41%) reported Q3FY26 revenue of ₹49,904.10 crore, up 28.7% y o y from ₹38,764.30 crore. Profit after tax stood at ₹3,879.10 crore, a 4.1% increase over ₹3,726.90 crore last year. The results highlight strong topline growth driven by demand momentum.
Bharat Electronics reported Q3 FY26 revenue of ₹7,153.85 crore, up 23.97% y‑o‑y from ₹5,770.69 crore. Profit after tax came in at ₹1,579.10 crore, a 20.45% rise over ₹1,310.95 crore last year.
Asian Paints (-4.23%) reported a consolidated net profit of ₹1,074 crore for Q3, down 4.8% y o y from ₹1,128.4 crore. Revenue from operations stood at ₹8,867 crore, reflecting a 3.7% y o y growth over ₹8,549.4 crore last year.
Raymond (-2.03%) posted a consolidated net profit of ₹7 crore in Q3, marking a sharp 90.3% decline y o y from ₹72.3 crore. On the revenue front, performance was strong with ₹557.2 crore, up 19.6% y o y from ₹466 crore.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
