On Thursday, 2141 stocks advanced, 2190 declined, and 225 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 0.97, indicating a negative closing. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 115 securities advanced and closed at a new 52-week high, whereas 60 securities sank to close at their new 52-week lows. Nifty Metal, Nifty PSU Bank and Nifty Pharma were the biggest losers. Nifty India Defence, Nifty FMCG and Nifty IT were the biggest gainers.
Max Healthcare Institute (+0.58%) approved ₹425 crore capital expenditure to expand Max Super Speciality Hospital, Vaishali, adding 250 beds with commissioning expected by November 2029. The expansion aims to enhance capacity amid high utilisation across its hospital network.
Bharat Heavy Electricals Limited (BHEL) entered a strategic collaboration with Norway-based Hystar AS to develop Proton Exchange Membrane electrolyser systems, boosting its green hydrogen capabilities in line with India’s National Green Hydrogen Mission.
Atlanta Electricals (-0.69%) had its debarment by South Bihar Power Distribution Company Limited withdrawn after appeal, resolving a regulatory issue related to a 2023 purchase order and clarifying the matter involved no systemic quality concerns.
MIDHANI (+8.91%) secured GE Aerospace’s S400 approval for independent and international metallic material testing, becoming the first Indian company recognized for comprehensive chemical, mechanical, and metallurgical testing in aerospace.
HEG Limited’s composite scheme of arrangement was scheduled for NCLT order, involving demerger of its graphite business into HEG Graphite Limited and amalgamation of Bhilwara Energy Limited with HEG Limited.
Tata Consultancy Services (TCS) (+1.08%) formed a strategic partnership with Vodafone Business to support UK enterprises in cloud transformation, AI, cybersecurity, and network modernisation, building on VodafoneThree’s £11 billion network investment.
Jio Financial Services (-0.18%) signed an agreement with Bank of America for an up to ₹18,268 crore investment in Jio Credit Limited, with an initial 26.5% equity stake and potential to increase to 49.9% upon warrant conversion.
UltraTech Cement (-1.56%) acquired a 26% stake in Solaris Horizon Energy to secure captive solar power supply, investing ₹27.75 crore to receive regulatory benefits and optimize energy costs at its Chhattisgarh plants.
Juniper Hotels signed a 55-year licence deed with Delhi Development Authority to develop a five-star hotel in Dwarka, New Delhi, featuring a phased licence fee starting after a 42-month construction holiday.
Earnings
Welspun Living (-3.27%) posted an 84% YoY net profit rise to ₹160.7 crore in Q1 FY27, with reve-nue up 23.7% to ₹2,795.4 crore and EBITDA growing 42.4%, expanding margin to 12%.
Tata Motors Passenger Vehicles (+1.92%) recorded an 80.3% YoY net profit decline to ₹775 crore in Q1 FY27 amid supply constraints and commodity pressures, despite 9.3% revenue growth to ₹95,799 crore.
Honasa Consumer (+2.58%) more than doubled Q1 net profit to ₹90.3 crore, with revenue up 27% to ₹756 crore and EBITDA increasing 140%, expanding margin by 690 basis points.
VST Tillers Tractors (+3.60%) posted 9.1% net profit growth to ₹48 crore and 11% revenue growth to ₹313 crore, with a slight margin contraction to 12.7% in Q1 FY27.
Solar Industries India (+8.51%) reported a 92.7% net profit increase to ₹652.6 crore in Q1 FY27, driven by 71.2% revenue growth to ₹3,688.2 crore and a 123% rise in its defence business.
Tega Industries (-4.64%) swung to a ₹86.2 crore net loss in Q1 from profit a year ago, despite sharp revenue growth to ₹1,723.4 crore.
Page Industries (-4.64%) posted a 3.5% net profit decline to ₹193 crore on 7.8% revenue growth to ₹1,420 crore in Q1.
Max Healthcare (+0.58%) posted a 3% net profit rise to ₹357 crore on 15% revenue growth to ₹2,835 crore, with healthy operational improvements.
Jubilant Foodworks (+1.41%) recorded 14.1% revenue growth to ₹2,570 crore in Q1.
DCM Shriram (-2.95%) saw an 85.5% net profit decline to ₹1.55 crore with flat revenue of ₹293.63 crore.
V2 Retail (-1.09%) grew Q1 net profit 68% to ₹42 crore and revenue 57.8% to ₹997 crore, with a 59.8% jump in EBITDA and improved margins.
Synergy Green Industries (-10.23%) swung to a ₹10.1 crore net loss with 10% revenue decline and EBITDA halving to ₹4.7 crore in Q1 FY27.
Ipca Laboratories (+1.68%) posted 72.5% net profit growth to ₹401.89 crore and 20.7% revenue growth to ₹2,788 crore, with EBITDA up 60.7% to ₹670 crore.
Kirloskar Electric (-1.86%) reported a ₹5.99 crore net loss on 21.5% revenue decline to ₹103.85 crore in Q1.
Minda Corporation (-3.29%) posted a 216% net profit rise to ₹206.25 crore on 33.2% revenue growth to ₹1,846 crore, with EBITDA up 36%.
Godrej Industries (+1.65%) grew consolidated EBITDA 44.6% to ₹574 crore on 22.2% revenue growth, with margin expansion of 160 basis points despite net profit decline.
Aditya Birla Real Estate (+1.34%) widened Q1 net loss to ₹34.59 crore on 30.4% operating income growth to ₹188.05 crore.
Lincoln Pharmaceuticals (+4.50%) reported a 31% net profit rise to ₹36.23 crore in Q1, boosted by a 59% jump in other income.
Kernex Microsystems (+3.33%) posted a nearly 15-fold net profit increase to ₹109.85 crore and over eight-fold revenue growth to ₹503.58 crore in Q1 FY27, driven by Kavach order execution.
Juniper Hotels (-2.73%) nearly quadrupled Q1 net profit to ₹33.26 crore on 13% revenue growth to ₹249.53 crore, despite margin moderation.
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: