< -5%

-5% to -3%

-3% to 0%

VMS Industries

Mazagon

Cochin Shipyard

0% to 3%

Garden Reach Sh

3% to 5%

ABS Marine

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/online-services/swiggy/SL24">Swiggy</a>

The food delivery giant opened its qualified institutions placement (QIP) on December 9, with a floor price of Rs 390.51 per share.

The Board on November 7, and the shareholders at the Extraordinary General Meeting on December 8, approved the proposal to raise up to Rs 10,000 crore via QIP.

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/highwayinfrastructure/H03">Highway Infrastructure</a>

The company received a Letter of Acceptance (LOA) worth Rs 328.8 crore for the operation of the Kaza Fee Plaza in Andhra Pradesh. The LOA was issued by the National Highways Authority of India (NHAI) on December 9.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/zyduslifesciences/CHC">Zydus Lifesciences</a>

The company’s subsidiary, Zydus Lifesciences Global FZE (United Arab Emirates), has entered into a strategic partnership with Formycon AG for the exclusive licensing and supply of checkpoint inhibitor FYB206, a biosimilar of Keytruda (Pembrolizumab), for the USA and Canadian markets.

<a href="https://www.moneycontrol.com/india/stockpricequote/transport-infrastructure/irbinfrastructuredevelopers/IID01">IRB Infrastructure Developers</a>

The company’s gross toll collection rose 15.8 percent to Rs 716.1 crore in November this year, up from Rs 618.5 crore in the same month last year.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/gptinfraprojects/GPT01">GPT Infraprojects</a>

The company has been declared L1 (the lowest bidder) for an order worth Rs 199.17 crore from North Eastern Railway, Uttar Pradesh, for the construction of a bridge substructure.

<a href="https://www.moneycontrol.com/india/stockpricequote/personal-care/godrejindustries/GI23">Godrej Industries</a>

Godrej Agrovet’s subsidiary, Creamline Dairy Products, has signed a Memorandum of Understanding (MoU) with the Government of Telangana to invest Rs 150 crore in setting up a dairy processing facility across 40 acres. With this new investment, the Godrej Industries Group’s total investment plans in the state now stand at over Rs 10,000 crore across its various businesses.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/thetatapowercompany/TPC">Tata Power Company</a>

The company announced the commissioning of the 400 kV Koteshwar–Rishikesh transmission line, which will enable the evacuation of 1,000 MW of hydropower from the Tehri–Koteshwar generation complex in Uttarakhand to multiple northern states and union territories.

<a href="https://www.moneycontrol.com/india/stockpricequote/aluminium/nationalaluminiumcompany/NAC">National Aluminium Company</a>

The Board approved the proposal to award the MDO contract for the development and operation of the Pottangi Bauxite Mines along with the Overland Conveyor Corridor (OLCC) and allied facilities to <a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/dilipbuildcon/DB04">Dilip Buildcon</a> (L-1 bidder), with base mining charges set at Rs 423 per ton for a period of 25 years.

<a href="https://www.moneycontrol.com/india/stockpricequote/electrodesgraphite/graphiteindia/GI13">Graphite India</a>

The company has signed an Exclusive Distribution and Commercial Partnership Agreement with Kivoro to bring Kivoro’s next-generation graphene-based Heat Transfer Additive (HTA) technology to the Indian corrugated paperboard industry.

<a href="https://www.moneycontrol.com/india/stockpricequote/speciality-chemicals/anupamrasayanindia/ARI02">Anupam Rasayan India</a>

The company has signed a definitive agreement to acquire a 100% equity stake in Jayhawk Fine Chemicals Corporation, a US-based specialty chemicals company, for $150 million. This acquisition will be EPS-accretive for Anupam.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-others/pinelabs/PLL01">Pine Labs</a>

Setu by Pine Labs has launched India’s first agentic bill payments experience, designed to address two major challenges in bill payments—the fear of incorrect charges and the stress of missing due dates. Agentic bill payment is now available on Claude and ChatGPT.

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure/hginfraengineering/HIE">HG Infra Engineering</a>

The GST Department, Ghaziabad, has passed the Assessment Order for closure of the show-cause notice proceedings against the company for FY 2022–23, with nil demand for tax, interest, and penalty.

The GST liability indicated in the show-cause notice had been Rs 220.03 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/housingurbandevelopmentcorporation/HUD">Housing &amp; Urban Development Corporation (HUDCO)</a>

The Board of Directors will meet on December 12 to consider the issuance of non-convertible debentures (NCDs) worth up to Rs 2,500 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/bearings/nrbbearings/NRB">NRB Bearings</a>

Raman Malhotra has resigned as the Chief Financial Officer (CFO) of the company, effective December 13.

The Board has appointed Dhara Dhedhi, the current Financial Controller, as the Interim Chief Financial Officer and Key Managerial Personnel effective December 14, until a new CFO is appointed.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/jswenergy/JE01">JSW Energy</a>

GQG Partners Emerging Markets Equity Fund, managed by boutique asset manager GQG Partners (co-founded by Rajiv Jain), sold 1.52 crore equity shares (0.87% of paid-up equity) in the company for Rs 676.7 crore at Rs 444 per share.

US-based GQG Partners held a 1.79 percent stake in JSW Energy as of September 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investment/anandrathiwealth/ARW">Anand Rathi Wealth</a>

SBI Mutual Fund acquired an additional 6.02 lakh shares (0.7% of paid-up equity) for Rs 168.8 crore at Rs 2,800 per share, whereas Amit Rathi sold 20 lakh shares (a 2.4% stake) for Rs 560 crore at Rs 2,800.03 per share.

Fahim Sultan Ali has made a net purchase of 3.54 lakh shares in the company for Rs 196 crore at Rs 2,800 per share.

As of September 2025, SBI Mutual Fund held a 1.84% stake, while Amit Rathi held a 3.09% stake in Anand Rathi Wealth.

Mainboard Listing

Meesho
Aequs
Vidya Wires

SME Listing

Shri Kanha Stainless

Stock Trades Ex-Date for Resolution Plan -Suspension

Garodia Chemicals

Stocks in F&amp;O ban

Bandhan Bank
Sammaan Capital

Stock out of F&amp;O ban

Kaynes Technology India

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Stocks to Watch Today: Meesho, Aequs, Swiggy, Highway Infrastructure, Zydus Lifesciences, GPT Infra, Dilip Buildcon, Anupam Rasayan in focus on 10 December

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Stocks to Watch

Swiggy

The food delivery giant opened its qualified institutions placement (QIP) on December 9, with a floor price of Rs 390.51 per share.

The Board on November 7, and the shareholders at the Extraordinary General Meeting on December 8, approved the proposal to raise up to Rs 10,000 crore via QIP.

Highway Infrastructure

The company received a Letter of Acceptance (LOA) worth Rs 328.8 crore for the operation of the Kaza Fee Plaza in Andhra Pradesh. The LOA was issued by the National Highways Authority of India (NHAI) on December 9.

Zydus Lifesciences

The company’s subsidiary, Zydus Lifesciences Global FZE (United Arab Emirates), has entered into a strategic partnership with Formycon AG for the exclusive licensing and supply of checkpoint inhibitor FYB206, a biosimilar of Keytruda (Pembrolizumab), for the USA and Canadian markets.

IRB Infrastructure Developers

The company’s gross toll collection rose 15.8 percent to Rs 716.1 crore in November this year, up from Rs 618.5 crore in the same month last year.

GPT Infraprojects

The company has been declared L1 (the lowest bidder) for an order worth Rs 199.17 crore from North Eastern Railway, Uttar Pradesh, for the construction of a bridge substructure.

Godrej Industries

Godrej Agrovet’s subsidiary, Creamline Dairy Products, has signed a Memorandum of Understanding (MoU) with the Government of Telangana to invest Rs 150 crore in setting up a dairy processing facility across 40 acres. With this new investment, the Godrej Industries Group’s total investment plans in the state now stand at over Rs 10,000 crore across its various businesses.

Tata Power Company

The company announced the commissioning of the 400 kV Koteshwar–Rishikesh transmission line, which will enable the evacuation of 1,000 MW of hydropower from the Tehri–Koteshwar generation complex in Uttarakhand to multiple northern states and union territories.

National Aluminium Company

The Board approved the proposal to award the MDO contract for the development and operation of the Pottangi Bauxite Mines along with the Overland Conveyor Corridor (OLCC) and allied facilities to Dilip Buildcon (L-1 bidder), with base mining charges set at Rs 423 per ton for a period of 25 years.

Graphite India

The company has signed an Exclusive Distribution and Commercial Partnership Agreement with Kivoro to bring Kivoro’s next-generation graphene-based Heat Transfer Additive (HTA) technology to the Indian corrugated paperboard industry.

Anupam Rasayan India

The company has signed a definitive agreement to acquire a 100% equity stake in Jayhawk Fine Chemicals Corporation, a US-based specialty chemicals company, for $150 million. This acquisition will be EPS-accretive for Anupam.

Pine Labs

Setu by Pine Labs has launched India’s first agentic bill payments experience, designed to address two major challenges in bill payments—the fear of incorrect charges and the stress of missing due dates. Agentic bill payment is now available on Claude and ChatGPT.

HG Infra Engineering

The GST Department, Ghaziabad, has passed the Assessment Order for closure of the show-cause notice proceedings against the company for FY 2022–23, with nil demand for tax, interest, and penalty.

The GST liability indicated in the show-cause notice had been Rs 220.03 crore.

Housing &amp;amp; Urban Development Corporation (HUDCO)

The Board of Directors will meet on December 12 to consider the issuance of non-convertible debentures (NCDs) worth up to Rs 2,500 crore.

NRB Bearings

Raman Malhotra has resigned as the Chief Financial Officer (CFO) of the company, effective December 13.

The Board has appointed Dhara Dhedhi, the current Financial Controller, as the Interim Chief Financial Officer and Key Managerial Personnel effective December 14, until a new CFO is appointed.

Bulk Deals

JSW Energy

GQG Partners Emerging Markets Equity Fund, managed by boutique asset manager GQG Partners (co-founded by Rajiv Jain), sold 1.52 crore equity shares (0.87% of paid-up equity) in the company for Rs 676.7 crore at Rs 444 per share.

US-based GQG Partners held a 1.79 percent stake in JSW Energy as of September 2025.

Anand Rathi Wealth

SBI Mutual Fund acquired an additional 6.02 lakh shares (0.7% of paid-up equity) for Rs 168.8 crore at Rs 2,800 per share, whereas Amit Rathi sold 20 lakh shares (a 2.4% stake) for Rs 560 crore at Rs 2,800.03 per share.

Fahim Sultan Ali has made a net purchase of 3.54 lakh shares in the company for Rs 196 crore at Rs 2,800 per share.

As of September 2025, SBI Mutual Fund held a 1.84% stake, while Amit Rathi held a 3.09% stake in Anand Rathi Wealth.

Mainboard Listing

Meesho
Aequs
Vidya Wires

SME Listing

Shri Kanha Stainless

Stock Trades Ex-Date for Resolution Plan -Suspension

Garodia Chemicals

Stocks in F&amp;amp;O ban

Bandhan Bank
Sammaan Capital

Stock out of F&amp;amp;O ban

Kaynes Technology India

GQG Partners Emerging Markets Equity Fund, managed by GQG Partners, a boutique asset manager co-founded by Rajiv Jain, sold nearly 1 percent equity stake in JSW Energy via open market transactions on December 9.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/jswenergy/JE01">JSW Energy</a> shares fell 2.33 percent to Rs 451.2 with above-average volumes on the NSE.

GQG Partners Emerging Markets Equity Fund sold 1.52 crore equity shares (equivalent to 0.87 percent of paid-up equity) in the power generation company, for Rs 676.7 crore at Rs 444 per share.

US-based investment firm GQG Partners held 1.79 percent stake in JSW Energy as of September 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investment/anandrathiwealth/ARW">Anand Rathi Wealth</a> was also in focus on Tuesday, declining 1 percent to Rs 2,868. SBI Mutual Fund has acquired additional 6.02 lakh shares (0.7 percent of paid-up equity) for Rs 168.8 crore at Rs 2,800 per share, whereas Amit Rathi sold 20 lakh shares (2.4 percent stake) for Rs 560 crore at Rs 2,800.03 per share.

Fahim Sultan Ali has net bought Rs 3.54 lakh shares in the wealth company for Rs 196 crore at Rs 2,800 per share.

SBI Mutual Fund held 1.84 percent stake, and Amit Rathi had owned 3.09 percent shares in Anand Rathi Wealth as of September 2025.

Meanwhile, The Golden Bird Investment Trust - I has acquired 5.12 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/aquaculture/coastalcorporation/CTL">Coastal Corporation</a> for Rs 2.12 crore, however, Green Portfolio sold 3.41 lakh shares for Rs 1.4 crore. Both transactions took place at a price of Rs 41.5 per share.

<img class="alignnone size-full wp-image-13718451 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183457_Image2109122025.jpg" alt="Image2109122025" width="700" height="1719" />

GQG Partners sells nearly 1% stake in JSW Energy for Rs 677 crore

GQG Partners Emerging Markets Equity Fund, managed by GQG Partners, a boutique asset manager co-founded by Rajiv Jain, sold nearly 1 percent equity stake in JSW Energy via open market transactions on December 9.

JSW Energy shares fell 2.33 percent to Rs 451.2 with above-average volumes on the NSE.

GQG Partners Emerging Markets Equity Fund sold 1.52 crore equity shares (equivalent to 0.87 percent of paid-up equity) in the power generation company, for Rs 676.7 crore at Rs 444 per share.

US-based investment firm GQG Partners held 1.79 percent stake in JSW Energy as of September 2025.

Anand Rathi Wealth was also in focus on Tuesday, declining 1 percent to Rs 2,868. SBI Mutual Fund has acquired additional 6.02 lakh shares (0.7 percent of paid-up equity) for Rs 168.8 crore at Rs 2,800 per share, whereas Amit Rathi sold 20 lakh shares (2.4 percent stake) for Rs 560 crore at Rs 2,800.03 per share.

Fahim Sultan Ali has net bought Rs 3.54 lakh shares in the wealth company for Rs 196 crore at Rs 2,800 per share.

SBI Mutual Fund held 1.84 percent stake, and Amit Rathi had owned 3.09 percent shares in Anand Rathi Wealth as of September 2025.

Meanwhile, The Golden Bird Investment Trust - I has acquired 5.12 lakh shares in Coastal Corporation for Rs 2.12 crore, however, Green Portfolio sold 3.41 lakh shares for Rs 1.4 crore. Both transactions took place at a price of Rs 41.5 per share.

Swiggy on December 9 announced that it has fixed the floor price at Rs 390.51 per equity share for its QIP which opens today.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/online-services/swiggy/SL24">Swiggy</a> jumped more than 3 percent on December 9 after the company announced that its shareholders have approved the plan to raise Rs 10,000 crore through a qualified institutional placement (QIP).

The floor price marks a premium of nearly 1.2 percent over the stock's previous closing price of Rs 385.9 per share. The shares of the company closed at Rs 397.70 apiece on Tuesday.

In a regulatory filing released on December 8, Swiggy said the special resolution was<a href="https://www.moneycontrol.com/news/business/startup/swiggys-shareholders-rs-10000-crore-qip-kickstarts-after-getting-shareholders-nod-13716713.html"> passed at its extraordinary general meeting</a> (EGM). A total of 76.40 percent of shareholders participated in the vote, with 99.47 percent of the votes cast in favour of the proposed equity issuance.

Subsequently, Swiggy in an exchange filing released on December 9 said that its board has approved the floor price. It added that a company may offer a discount of not more than 5 percent on the floor price calculated for the issue.

The QIP opened today, December 9. Under the resolution, Swiggy is authorised to issue equity shares to eligible qualified institutional buyers for an amount not exceeding Rs 10,000 crore, giving it a significant war chest to fund expansion across food delivery, Instamart and newer business verticals.
<h3>Swiggy share price:</h3>
Swiggy shares have gained nearly 3 percent in the past one month, and over 9 percent in the past six months. The stock is however down nearly 27 percent in 2025 so far.

The stock had <a href="https://www.moneycontrol.com/news/business/ipo/swiggy-share-price-lists-at-rs-420-nearly-8pc-premium-over-ipo-price-12865354.html">listed Rs 420 per share</a> on NSE on November 13 last year, marking a premium of nearly 8 percent over the IPO price of Rs 390 per share. The stock then surged more than 58 percent from its IPO price in just over a month to hit a 52-week high of Rs 617.30 apiece in December 2024.

The stock however then dropped nearly 52 percent since then to hit a 52-week low of Rs 297 per share in May this year. The stock has now recovered around 34 percent since then to close at Rs 397.70 apiece on Tuesday. It is currently around 2 percent higher than the IPO price, but over 5 percent lower than the listing price.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Swiggy’s Rs 10,000-crore QIP opens today, floor price set at Rs 390.51; shares up 3%

Swiggy on December 9 announced that it has fixed the floor price at Rs 390.51 per equity share for its QIP which opens today.

The shares of Swiggy jumped more than 3 percent on December 9 after the company announced that its shareholders have approved the plan to raise Rs 10,000 crore through a qualified institutional placement (QIP).

The floor price marks a premium of nearly 1.2 percent over the stock's previous closing price of Rs 385.9 per share. The shares of the company closed at Rs 397.70 apiece on Tuesday.

In a regulatory filing released on December 8, Swiggy said the special resolution was passed at its extraordinary general meeting (EGM). A total of 76.40 percent of shareholders participated in the vote, with 99.47 percent of the votes cast in favour of the proposed equity issuance.

Subsequently, Swiggy in an exchange filing released on December 9 said that its board has approved the floor price. It added that a company may offer a discount of not more than 5 percent on the floor price calculated for the issue.

The QIP opened today, December 9. Under the resolution, Swiggy is authorised to issue equity shares to eligible qualified institutional buyers for an amount not exceeding Rs 10,000 crore, giving it a significant war chest to fund expansion across food delivery, Instamart and newer business verticals.
Swiggy share price:
Swiggy shares have gained nearly 3 percent in the past one month, and over 9 percent in the past six months. The stock is however down nearly 27 percent in 2025 so far.

The stock had listed Rs 420 per share on NSE on November 13 last year, marking a premium of nearly 8 percent over the IPO price of Rs 390 per share. The stock then surged more than 58 percent from its IPO price in just over a month to hit a 52-week high of Rs 617.30 apiece in December 2024.

The stock however then dropped nearly 52 percent since then to hit a 52-week low of Rs 297 per share in May this year. The stock has now recovered around 34 percent since then to close at Rs 397.70 apiece on Tuesday. It is currently around 2 percent higher than the IPO price, but over 5 percent lower than the listing price.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/finance-stock-broking/billionbrainsgarageventures/BGV01">Billionbrains Garage Ventures</a>, the parent company of leading stock broking platform Groww, dropped around 5 percent on December 9. This comes a day before the one-month shareholder lock-in period comes to an end on December 10.

The newly-listed shares dropped to Rs 144.20 apiece, snapping a two-session gaining streak. The stock is currently up 44 percent from its IPO price of Rs 100.

Around 14.92 crore shares, or approximately 2 percent of the company's outstanding equity, will become eligible for trading once the lock-in expires, CNBC-TV18 quoted Nuvama Alternative and Quantitative Research as saying. The said number of shares will be cumulatively worth more than Rs 2,262 crore based on the stock’s previous closing price of Rs 151.64 per share.

However, this does not imply that all these shares will be offloaded in the market immediately. The expiry of the lock-in period simply means that these shares can now be traded.
<h3>How have Groww shares performed since listing?</h3>
The shares of the company made a decent debut on stock markets on November 12, listing with a premium of 12 percent over the IPO price at Rs 112 apiece on NSE. The stock then surged around 94 percent from its IPO price in just five sessions to hit a high of Rs 193.80 apiece on November 18.

The stock has fallen nearly 26 percent since then. However, it is still up 44 percent from its IPO price, and 29 percent from its listing price of Rs 112 on NSE.
<h3>Groww Q2 Results:</h3>
Groww on November 21 reported a <a href="https://www.moneycontrol.com/news/business/earnings/groww-q2-results-net-profit-rises-12-yoy-to-rs-471-crore-revenue-falls-9-5-13689313.html">consolidated net profit of Rs 471.4 crore</a> for the second quarter of the ongoing financial year 2026. This marks a 12 percent year-on-year increase from the Rs 420.16 crore net profit reported in the corresponding quarter of FY25.

The broker’s revenue from operations meanwhile declined 9.5 percent YoY to Rs 1,018.7 crore in Q2 FY26, from Rs 1,125.39 crore in Q2 FY25.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-sensex-nifty50-today-9-december-2025-liveblog-13716480.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Groww shares fall 5% a day before one-month lock-in period expires; stock up 44% from IPO price

The shares of Billionbrains Garage Ventures, the parent company of leading stock broking platform Groww, dropped around 5 percent on December 9. This comes a day before the one-month shareholder lock-in period comes to an end on December 10.

The newly-listed shares dropped to Rs 144.20 apiece, snapping a two-session gaining streak. The stock is currently up 44 percent from its IPO price of Rs 100.

Around 14.92 crore shares, or approximately 2 percent of the company's outstanding equity, will become eligible for trading once the lock-in expires, CNBC-TV18 quoted Nuvama Alternative and Quantitative Research as saying. The said number of shares will be cumulatively worth more than Rs 2,262 crore based on the stock’s previous closing price of Rs 151.64 per share.

However, this does not imply that all these shares will be offloaded in the market immediately. The expiry of the lock-in period simply means that these shares can now be traded.
How have Groww shares performed since listing?
The shares of the company made a decent debut on stock markets on November 12, listing with a premium of 12 percent over the IPO price at Rs 112 apiece on NSE. The stock then surged around 94 percent from its IPO price in just five sessions to hit a high of Rs 193.80 apiece on November 18.

The stock has fallen nearly 26 percent since then. However, it is still up 44 percent from its IPO price, and 29 percent from its listing price of Rs 112 on NSE.
Groww Q2 Results:
Groww on November 21 reported a consolidated net profit of Rs 471.4 crore for the second quarter of the ongoing financial year 2026. This marks a 12 percent year-on-year increase from the Rs 420.16 crore net profit reported in the corresponding quarter of FY25.

The broker’s revenue from operations meanwhile declined 9.5 percent YoY to Rs 1,018.7 crore in Q2 FY26, from Rs 1,125.39 crore in Q2 FY25.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/spicejet/SJ01">SpiceJet</a> surged nearly 8 percent to their day's high on December 9, extending gains for the third consecutive session. This comes as the airline said that it has strengthened its fleet and operational capacity with the addition of two new Boeing 737 aircraft across key routes.

SpiceJet shares hit an intraday high of Rs 34.99 apiece on Tuesday, extending gains to 15 percent over three consecutive sessions as rival airline IndiGo faces mass disruptions. The stock then pared some gains to close around 6 percent higher in the green at Rs 34.31 per share.
<h3>SpiceJet expands fleet capacity:</h3>
SpiceJet on December 9 announced that it has <a href="https://www.moneycontrol.com/news/business/companies/spicejet-expands-fleet-capacity-with-two-new-boeing-737s-amid-indigo-crisis-13717336.html">inducted two Boeing 737 aircraft</a> into its fleet. The airline said that this will strengthen its "operational capability and capacity across key domestic and international routes".

"The addition comes at an important time for the airline as it continues to focus on improving connectivity, enhancing schedule reliability, and meeting rising passenger demand. With these inductions, SpiceJet aims to offer greater choice and flexibility to travellers during the peak travel season," SpiceJet said.

The two new aircraft have already entered into commercial service since end of November, and are deployed on key routes including Delhi-Bangkok, Ahmedabad-Dubai and Ahmedabad-Kolkata

SpiceJet CBO Debojo Maharshi said that the induction of the two Boeing 737 aircraft is another step in its efforts to expand capacity in a "calibrated and responsible manner". "We remain committed to providing reliable, efficient, and affordable air travel to our passengers while continuing to build a stronger and more resilient network," he added.
<h3>IndiGo crisis:</h3>
IndiGo's flight cancellations continued to persist on Tuesday, leading to widespread chaos at India's major airports. The Directorate General of Civil Aviation (DGCA) has ordered a <a href="https://www.moneycontrol.com/news/business/dgca-cuts-indigo-s-flights-by-5-after-crisis-asks-airline-to-submit-revised-schedule-13717183.html">5 percent reduction in IndiGo’s flight schedule</a> in the wake of widespread disruptions in airline's operations since December 2.

A significant factor behind the chaos is a sharp shortage of crew, particularly pilots, following the introduction of revised Flight Duty Time Limitation (FDTL) norms last month. The new rules mandate more rest hours and humane rosters, but IndiGo has been struggling to realign its network accordingly.
<h3>SpiceJet share price history:</h3>
SpiceJet shares have risen marginally in the past one month. The stock has fallen over 21 percent in the past six months, and around 39 percent in 2025 so far.

Its P/E ratio on a consolidated basis stands at over 10.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-sensex-nifty50-today-9-december-2025-liveblog-13716480.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

SpiceJet shares surge up to 8% as airline expands fleet capacity amid IndiGo crisis

The shares of SpiceJet surged nearly 8 percent to their day's high on December 9, extending gains for the third consecutive session. This comes as the airline said that it has strengthened its fleet and operational capacity with the addition of two new Boeing 737 aircraft across key routes.

SpiceJet shares hit an intraday high of Rs 34.99 apiece on Tuesday, extending gains to 15 percent over three consecutive sessions as rival airline IndiGo faces mass disruptions. The stock then pared some gains to close around 6 percent higher in the green at Rs 34.31 per share.
SpiceJet expands fleet capacity:
SpiceJet on December 9 announced that it has inducted two Boeing 737 aircraft into its fleet. The airline said that this will strengthen its &quot;operational capability and capacity across key domestic and international routes&quot;.

&quot;The addition comes at an important time for the airline as it continues to focus on improving connectivity, enhancing schedule reliability, and meeting rising passenger demand. With these inductions, SpiceJet aims to offer greater choice and flexibility to travellers during the peak travel season,&quot; SpiceJet said.

The two new aircraft have already entered into commercial service since end of November, and are deployed on key routes including Delhi-Bangkok, Ahmedabad-Dubai and Ahmedabad-Kolkata

SpiceJet CBO Debojo Maharshi said that the induction of the two Boeing 737 aircraft is another step in its efforts to expand capacity in a &quot;calibrated and responsible manner&quot;. &quot;We remain committed to providing reliable, efficient, and affordable air travel to our passengers while continuing to build a stronger and more resilient network,&quot; he added.
IndiGo crisis:
IndiGo's flight cancellations continued to persist on Tuesday, leading to widespread chaos at India's major airports. The Directorate General of Civil Aviation (DGCA) has ordered a 5 percent reduction in IndiGo’s flight schedule in the wake of widespread disruptions in airline's operations since December 2.

A significant factor behind the chaos is a sharp shortage of crew, particularly pilots, following the introduction of revised Flight Duty Time Limitation (FDTL) norms last month. The new rules mandate more rest hours and humane rosters, but IndiGo has been struggling to realign its network accordingly.
SpiceJet share price history:
SpiceJet shares have risen marginally in the past one month. The stock has fallen over 21 percent in the past six months, and around 39 percent in 2025 so far.

Its P/E ratio on a consolidated basis stands at over 10.

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