On Wednesday, 1347 stocks advanced, 2705 declined and 152 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.49 indicating a negative closing. Moneylife’s Market Breadth Indicators remain neutral. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 35 securities advanced and closed at a new 52-week high whereas securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Bank was the only gainers. Nifty Pharma, Nifty IT and Nifty Media were among the biggest gainers.
Infosys (-1.62%) launched its Center for Advanced AI, Cybersecurity, and Space Technology at the Hubballi Development Center in Karnataka. Part of its global Living Labs network, the facility strengthens Infosys’ innovation ecosystem and boosts local headcount past 1,000.
KPI Green Energy (-0.08%), via its subsidiary KPIG Energia, secured a Letter of Award from Aditya Birla Renewables for a 96 MWp Solar Balance of System project at Mahua, Gujarat. The contract covers full-scope execution including design, procurement, erection, testing, and commissioning of the 64 MWac / 96 MWp plant. The project aligns with KPI Green’s 2030 target of 10 GW capacity and reinforces its execution credentials in large-scale renewable infrastructure.
Steel Exchange India (SEIL) (+1.77%) entered a non-binding strategic collaboration with Vizag Profiles Logistics and Hind Terminals to explore the development of a General Cargo Terminal (GCT) and Multi-Modal Logistics Park (MMLP) in Visakhapatnam. The initiative aims to unlock inland and coastal cargo movement potential by leveraging SEIL’s GCT rail siding, VPL’s regional logistics infrastructure, and HTPL’s port-linked cargo expertise.
Allied Digital Services (+0.76%) secured a Rs420 crore, five-year contract from a leading European multinational pharmaceutical company to transform the digital workplace for over 120,000 employees across 66 countries. Under the agreement, Allied Digital will provide deskside and hardware support, manage meeting room and audio-video technologies, and deliver IMAC (Install, Move, Add, Change) services. The company will also establish dedicated IT experience centers to enhance user satisfaction.
JSW Energy (-0.68%) commissioned the second 80 MW unit of its 240 MW Kutehr Hydroelectric Power Plant in Chamba, Himachal Pradesh, raising the total operational capacity to 160 MW. Power dispatch from the commissioned capacity has commenced to Haryana under a 35-year Power Purchase Agreement with Haryana Power Purchase Centre at a levelized ceiling tariff of Rs4.50/kWh. The final 80 MW unit is expected to be commissioned shortly.
HUDCO (-3.16%) reported Q1 FY26 revenue from operations at Rs2,937 crore, up 34% y-o-y; net profit rose 13% y-o-y to Rs630 crore. Gross NPA improved to 1.34% vs 2.42% y-o-y; EBITDA grew 32% y-o-y to Rs2,828 crore with margin at 96.3%.
Jindal Stainless (+1.15%) posted Q1FY26 net profit of Rs715 crore, up 10.6% y-o-y; revenue stood at Rs10,207 crore. EBITDA rose 8.1% y-o-y to Rs1,310 crore; net debt reduced to Rs 3,869 crore with net debt-to-equity at 0.2x.
KPR Mill (-2.14%) reported Q1 FY26 net profit of Rs213 crore, up 4.6% y-o-y; revenue rose 11.4% y-o-y to Rs1,802 crore. Profit before tax stood at Rs279 crore vs Rs255 crore y-o-y; margin moderated due to higher material and employee costs.
Krishna Institute of Medical Sciences (+1.79%) reported Q1 FY26 net profit of Rs79 crore, down 9.2% y-o-y, despite a 27% y-o-y revenue growth to Rs872 crore. EBITDA rose 8% y-o-y to Rs 193 crore, but margin contracted to 22% vs 26% y-o-y due to higher operating costs.
Morepen Laboratories (-5.62%) reported Q1 FY26 net profit of Rs10.7 crore, down 70% y-o-y; revenue declined 6.6% y-o-y to Rs425 crore. EBITDA fell 53% y-o-y to Rs24 crore; margin contracted to 5.7% vs 11.3% y-o-y amid higher employee and finance costs.
Pidilite Industries (+1.47%) reported Q1FY26 net profit of Rs672 crore, up 18.6% y-o-y; revenue rose 10.5% y-o-y to Rs3,753 crore. EBITDA margin improved to 25% vs 23.9% y-o-y, driven by strong volume growth and operational efficiency; board declared Rs10/share interim dividend and proposed 1:1 bonus issue.
UNO Minda (-1.51%) reported Q1 FY26 net profit of Rs291 crore, up 47% y-o-y; revenue rose 17.6% y-o-y to Rs4,489 crore. EBITDA grew 33% y-o-y to Rs 543 crore; margin expanded to 12% vs 11% y-o-y, driven by strong demand and cost efficiencies.
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:
