Closing Bell: Nifty above 24,600, Sensex up 300 pts; auto, metal, pharma top performers

Indian equity indices ended higher with Nifty above 24,600 on August 13. At close, the Sensex was up 304.32 points or 0.38 percent at 80,539.91, and the Nifty was up 131.95 points or 0.54 percent at 24,619.35.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

The Nifty remained strong throughout the day after initial hours of uncertainty, closing at a multi-day high and signaling improved sentiment amid tariff-related concerns. The daily RSI has recently entered a positive crossover and continues to hold this momentum after several days of indecision.

With sentiment showing signs of improvement, the likelihood of the Nifty moving above the 24,700 resistance has increased.

A decisive move above this level could trigger a rally towards 25,200 in the short term. On the lower side, support is placed at 24,337, below which the dynamics would once again turn in favor of the bears.

After the volatile activity of the last 4 days, the market took a breather today. Nifty closed 130 points higher, while Sensex gained 300 points. Across sectors, intraday buying was seen in pharma, healthcare and Defense stocks, while select PSU banks and FMCG stocks witnessed profit booking at higher levels.

Technically, after an initial intraday corrective trend, the market reached 24660/80700 levels; however, it failed to sustain that level and closed marginally above the opening levels. The activity is indicating indecisiveness; however, the positive thing is that it closed above the 10-day EMA, which could pull the market towards the 20-day SMA, which is at 24800/81200.

Support is present at 24500/80300, below which it could gradually decline to 24400/80000 or 24350/79800 levels. It is advised to trade as per the given levels.

After showing weakness from the hurdle of 24700 levels on Tuesday, Nifty shifted into a sustainable upside amidst range bound movement on Wednesday and closed the day higher by 131 points. Nifty opened on a positive note and continued with gradual upside for better part of the session. The overhead resistance of 24700 remains intact and the market closed below it.

A small positive candle was formed on the daily chart with upper and lower shadow. Technically, this market action indicates gradual upmove in the market with lack of strong momentum.

The short term trend of Nifty remains positive. A decisive move above the crucial hurdle of 24700 levels could open further upside towards 25000 levels in the near term. Immediate support is placed at 24465 levels.

The Indian rupee experienced its biggest one-day appreciation since July 3, driven by a decline in the US dollar. The dollar weakened amid expectations of a September interest rate cut from the Federal Reserve, following a decline in US inflation.

Further bolstering the rupee's performance were several domestic and regional factors, including gains in Indian equities and other Asian currencies, a fall in crude oil prices, and fall in the domestic Consumer Price Index (CPI).

From a technical perspective, the spot USD/INR pair has a near-term support level at 87.24 and resistance at 87.75.

Indian equities experienced a broad-based optimism as CPI hit an eight-year low, boosting hopes for a revival in discretionary spending, led by autos and metals. Midcaps outperformed, reflecting strong investor appetite.

Globally, sentiment improved on the extension of China’s tariff deadline and easing oil prices. Despite uncertainties around Trump’s trade stance and global risks, India’s growth-inflation dynamics remain favourable for FY26 with risk to marginal downgrade based on tariff updates. India looks forward to the Trump - Putin meet dated 15th August.

Indian rupee ended 21 paise higher at 87.49 per dollar on Wednesday versus previous close of 87.70.

Indian equity indices ended higher with Nifty above 24,600 on August 13.

At close, the Sensex was up 304.32 points or 0.38 percent at 80,539.91, and the Nifty was up 131.95 points or 0.54 percent at 24,619.35. About 2099 shares advanced, 1806 shares declined, and 142 shares unchanged.

BSE Midcap and Smallcap indices rose 0.5% each.

Apollo Hospitals, Hindalco Industries, Hero MotoCorp, Dr Reddy's Labs, Cipla were among major gainers on the Nifty, while losers included IndusInd Bank, UltraTech Cement, Adani Ports, Titan Company, ITC.

All sectoral indices ended in the green with auto, metal, pharma up 1 percent each.

Astra Microwave Products was quoting at Rs 1,022.20, up Rs 41.70, or 4.25 percent.

It has touched an intraday high of Rs 1,026.00 and an intraday low of Rs 988.10.

It was trading with volumes of 14,256 shares, compared to its five day average of 20,841 shares, a decrease of -31.60 percent.

In the previous trading session, the share closed down 1.41 percent or Rs 14.05 at Rs 980.50.

The share touched a 52-week high of Rs 1,195.65 and a 52-week low of Rs 584.20 on 05 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 14.51 percent below its 52-week high and 74.97 percent above its 52-week low.

Market capitalisation stands at Rs 9,705.28 crore.

Shilpa Medicare was quoting at Rs 885.00, up Rs 11.25, or 1.29 percent.

It has touched an intraday high of Rs 890.00 and an intraday low of Rs 858.00.

It was trading with volumes of 8,804 shares, compared to its five day average of 5,432 shares, an increase of 62.08 percent.

It was trading with volumes of 8,804 shares, compared to its thirty day average of 4,952 shares, an increase of 77.79 percent.

In the previous trading session, the share closed up 0.05 percent or Rs 0.40 at Rs 873.75.

The share touched a 52-week high of Rs 1,003.20 and a 52-week low of Rs 530.50 on 16 June, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.78 percent below its 52-week high and 66.82 percent above its 52-week low.

Market capitalisation stands at Rs 8,654.50 crore.

#1 Margin beat in Q1 on better mix, lower R&D

#2 FY26 guidance intact on new initiatives spending

#3 Steady outlook for core India segment

#4 Cost drag from new business will offset any margin gains from the India business

#5 EPS estimate increased by 1.5-2.2 percent for FY26-28

Kaveri Seed Company was quoting at Rs 1,142.05, up Rs 38.05, or 3.45 percent.

It has touched an intraday high of Rs 1,179.95 and an intraday low of Rs 1,090.15.

It was trading with volumes of 9,927 shares, compared to its five day average of 3,489 shares, an increase of 184.49 percent.

In the previous trading session, the share closed up 0.56 percent or Rs 6.15 at Rs 1,104.00.

The share touched a 52-week high of Rs 1,601.85 and a 52-week low of Rs 803.05 on 16 April, 2025 and 28 October, 2024, respectively.

Currently, the stock is trading 28.7 percent below its 52-week high and 42.21 percent above its 52-week low.

Market capitalisation stands at Rs 5,874.60 crore.

PNC Infratech was quoting at Rs 312.00, up Rs 5.25, or 1.71 percent.

It has touched an intraday high of Rs 312.40 and an intraday low of Rs 301.25.

It was trading with volumes of 38,785 shares, compared to its five day average of 32,839 shares, an increase of 18.11 percent.

In the previous trading session, the share closed up 0.41 percent or Rs 1.25 at Rs 306.75.

The share touched a 52-week high of Rs 489.25 and a 52-week low of Rs 235.70 on 14 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 36.23 percent below its 52-week high and 32.37 percent above its 52-week low.

Market capitalisation stands at Rs 8,004.02 crore.

#1 Q1 sales 6 percent above our estimate, with a beat in estimates across geographies

#2 Contribution from Revlimid & Mirabegron was flattish QoQ

#3 Domestic businesses delivered growth ahead of our estimates

#4 Company expects US revenue to grow in high single-digit in FY26 Vs our estimate of 2 percent decline

#5 Company expects EBITDA margin to be more than 26 percent in FY26 vs our estimate of 26.1 percent

#1 Healthy visibility led by manufacturing book/bill ratio of 24x

#2 Execution timelines for all projects are on or ahead of schedule

#3 Minimal downside risk to execution estimates

#4 Expect PAT CAGR of 24 percent over FY25-28

#1 Strong growth but margin is trailing estimates

#2 Annual unique transacting customers grew 26 percent YoY & AOV grew by 4 percent

#3 Growth led by premiumisation, demand conditions remain a mixed bag

#4 Maintain our revenue growth estimates for FY26/27 at 27 percent/25 percent

#5 We lower FY26 EBITDA margin estimate to 7.2 percent/8.4 percent from 7.5 percent/8.7 percent

#6 Higher lease expenses lead to 13 percent/10 percent EPS cuts for FY26/27

The Sensex was up 330.62 points or 0.41 percent at 80,566.21, and the Nifty was up 139.80 points or 0.57 percent at 24,627.20. About 1998 shares advanced, 1592 shares declined, and 119 shares unchanged.

QIB – 3.17 times

NII - 47.28 times

Retail – 17.81 times

Overall – 19.94 times

Insecticides India was quoting at Rs 951.00, down Rs 74.00, or 7.22 percent.

It has touched an intraday high of Rs 1,070.10 and an intraday low of Rs 951.00.

It was trading with volumes of 16,004 shares, compared to its five day average of 5,513 shares, an increase of 190.27 percent.

In the previous trading session, the share closed up 4.61 percent or Rs 45.20 at Rs 1,025.00.

The share touched a 52-week high of Rs 1,096.30 and a 52-week low of Rs 531.60 on 31 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 13.25 percent below its 52-week high and 78.89 percent above its 52-week low.

Market capitalisation stands at Rs 2,767.20 crore.

#1 Company maintains single-digit growth guidance for US sales, 26 percent margin for FY26

#2 Remain watchful of US sales trends amid concentration risk

#3 Competitive intensity is visible for Revlimid

#4 Potential filing of Saroglitazar for FDA review - key to watch

#5 Have cut EPS estimate by 4.9 percent for FY26 & by 2.2 percent for FY27

QIB – 4.08 times

NII - 0.45 times

Retail – 1.13 times

Overall – 2.53 imes

Fertilisers and Chemicals Travancore was quoting at Rs 984.70, up Rs 37.05, or 3.91 percent.

It has touched an intraday high of Rs 986.00 and an intraday low of Rs 933.65.

It was trading with volumes of 42,577 shares, compared to its five day average of 30,345 shares, an increase of 40.31 percent.

In the previous trading session, the share closed up 3.73 percent or Rs 34.05 at Rs 947.65.

The share touched a 52-week high of Rs 1,111.00 and a 52-week low of Rs 565.20 on 05 June, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.37 percent below its 52-week high and 74.22 percent above its 52-week low.

Market capitalisation stands at Rs 63,717.18 crore.

#1 Sales/EBITDA/profit 4 percent/25 percent/44 percent ahead of our estimates

#2 Domestic/us sales 2 percent/13 percent higher than our estimates

#3 Guided for India business to grow 100-150 bps ahead of broader market in FY26

#4 Retained FY26 US growth guidance at mid-single digits, below our estimate of 13 percent

#5 Company expects margin to remain flat YoY at 19.5 percent in FY26 vs our estimate of 20 percent

• Net interest income up 4.6% at Rs 378.5 crore versus Rs 362 crore year-on-year
• Gross NPA at 1.84% versus 1.57% quarter-on-quarter
• Net NPA at 0.66% versus 0.52% quarter-on-quarter

• Revenue up 7% at Rs 1,606 crore versus Rs 1,503 crore year-on-year
• EBITDA up 33.6% at Rs 214.6 crore versus Rs 160 crore year-on-year
• EBITDA margin at 13.3% versus 10.7% year-on-year

• Revenue up 2% at Rs 1,039 crore versus Rs 1,020 crore year-on-year
• EBITDA up 6% at Rs 306 crore versus Rs 288.5 crore year-on-year
• EBITDA margin at 29.5% versus 28.3% year-on-year

#1 Revenue/EBITDA above estimates on strong growth in wiring harness & other segments

#2 Q1 order wins at Rs 1,300 crore, 30 percent+ came from EVs

#3 Trim FY26/27 EBITDA estimates by 2 percent/5 percent factoring in moderate growth for industry

#4 Building in revenue/EBITDA CAGR of 12 percent/15 percent over FY25-28

#5 Strong play on premiumisation, regulatory changes & EV penetration

GMR Airports was quoting at Rs 89.18, up Rs 0.94, or 1.07 percent.

It has touched an intraday high of Rs 89.34 and an intraday low of Rs 87.93.

It was trading with volumes of 67,866 shares, compared to its five day average of 204,972 shares, a decrease of -66.89 percent.

In the previous trading session, the share closed down 1.12 percent or Rs 1.00 at Rs 88.24.

The share touched a 52-week high of Rs 98.20 and a 52-week low of Rs 67.75 on 17 September, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 9.19 percent below its 52-week high and 31.63 percent above its 52-week low.

Market capitalisation stands at Rs 94,164.95 crore.

Godrej Industries was quoting at Rs 1,131.15, up Rs 35.05, or 3.20 percent.

It has touched an intraday high of Rs 1,139.55 and an intraday low of Rs 1,098.55.

It was trading with volumes of 6,899 shares, compared to its five day average of 2,309 shares, an increase of 198.81 percent.

In the previous trading session, the share closed up 0.26 percent or Rs 2.85 at Rs 1,096.10.

The share touched a 52-week high of Rs 1,391.50 and a 52-week low of Rs 764.45 on 06 June, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 18.71 percent below its 52-week high and 47.97 percent above its 52-week low.

Market capitalisation stands at Rs 38,097.49 crore.

QIB – 3.14 times

NII - 41.05 times

Retail – 15.79 times

Overall – 17.59 times

Reliance Infrastructure secured a favourable arbitral award passed by an arbitral tribunal in an arbitration invoked by the company against M/s. Aravali Power Company Private (APCPL) in relation to an EPC Contract.

A three-member arbitral tribunal by a majority award has held that the termination by APCPL was illegal, invalid and wrongful and partly allowed the company’s claims towards damages and costs incurred due to wrongful termination. The award in favour of the company is for a sum of Rs 526.23 crore along with interest.

The company has signed agreement with Marriott International, Inc. to develop six hotels (940 rooms) across four key markets in the country.

This significant portfolio expansion will feature properties under five globally recognized Marriott Bonvoy brands – The Ritz-Carlton, JW Marriott, Marriott Hotels & Resorts, Courtyard by Marriott and Fairfield by Marriott.

This brings the total to eight hotels with Marriott, totaling 1,388 keys along with Sheraton Grand Bangalore at Brigade Gateway and

Four Points by Sheraton Kochi Infopark.

QIB – 3.12 times

NII - 0.40 times

Retail – 1.06 times

Overall – 1.98 imes

The company received Letter of Empanelment/ Letter of Award from Maharashtra State Electricity Distribution Company Limited for 14,787 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) which is to be executed within 1 year under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojna. The total value of 14,787 SPWPS is Rs 442 crore approx. (including GST).

The company received Letter of Acceptance for the project of construction of Foot Over Bridge for Mumbai Metro Line4, 4A at Pant Nagar, Vikhroli, Bhandup and Vijay Garden Metro Station Package 2 from M/s. Mumbai Metropolitan Region Development Authority (MMRDA) for the total contract cost amounting to Rs 129.04 crore for which J. Kumar Infraprojects share is 60 % i.e. Rs 77.42 crore.

Indian rupee is trading higher at 87.64 per dollar against Tuesday's close of 87.70.

#1 RBI will cut growth forecast if high frequency activity indicators remain weak

#2 Expect 25 bp repo rate cut in Q4, taking the repo rate to 5.25 percent

#3 August inflation print is trending in the range of 2-2.5 percent, higher than July reading

GMR Airports was quoting at Rs 88.82, up Rs 0.58, or 0.66 percent.

It has touched an intraday high of Rs 89.15 and an intraday low of Rs 87.93.

It was trading with volumes of 51,285 shares, compared to its five day average of 204,972 shares, a decrease of -74.98 percent.

In the previous trading session, the share closed down 1.12 percent or Rs 1.00 at Rs 88.24.

The share touched a 52-week high of Rs 98.20 and a 52-week low of Rs 67.75 on 17 September, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 9.55 percent below its 52-week high and 31.1 percent above its 52-week low.

Market capitalisation stands at Rs 93,784.82 crore.

#1 Government likely to initiate roadshows in 2 weeks for divestment of its stake in LIC

#2 Government could look at selling 2.5-3% In LIC in the first tranche of divestment

#3 Government appoints Motilal Oswal & IDBI Capital as bankers to LIC OFS

#4 Final quantum of the first tranche of LIC’s OFS & pricing could be decided post roadshows

#5 Government holds 96.5% stake in LIC

Matrimony.com was quoting at Rs 503.50, down Rs 5.10, or 1.00 percent.

It has touched an intraday high of Rs 511.35 and an intraday low of Rs 486.05.

In the previous trading session, the share closed down 1.98 percent or Rs 10.30 at Rs 508.60.

The share touched a 52-week high of Rs 849.80 and a 52-week low of Rs 402.30 on 17 October, 2024 and 20 May, 2025, respectively.

Currently, the stock is trading 40.75 percent below its 52-week high and 25.16 percent above its 52-week low.

Market capitalisation stands at Rs 1,085.72 crore.

Sakthi Sugars was quoting at Rs 22.97, down Rs 0.07, or 0.30 percent.

It has touched an intraday high of Rs 23.32 and an intraday low of Rs 22.69.

It was trading with volumes of 2,653 shares, compared to its five day average of 9,512 shares, a decrease of -72.11 percent.

In the previous trading session, the share closed up 0.17 percent or Rs 0.04 at Rs 23.04.

The share touched a 52-week high of Rs 44.95 and a 52-week low of Rs 19.10 on 04 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 48.9 percent below its 52-week high and 20.26 percent above its 52-week low.

Market capitalisation stands at Rs 273.00 crore.

The Sensex was up 349.32 points or 0.44 percent at 80,584.91, and the Nifty was up 146.15 points or 0.60 percent at 24,633.55. About 1932 shares advanced, 1577 shares declined, and 128 shares unchanged.

This year India reaches 50 percent coming from renewables out of which solar is a major component. Globally we are seeing a shift in which supply chain is happening.

India has a great need to be energy independent. The government has supported this and has created a platform for Vikram Solar and other companies to create solar competencies.

QIB – 3.10 times

NII - 35.50 times

Retail – 14.03 times

Overall – 15.51 times

QIB – 1.02 times

NII - 0.35 times

Retail – 1.01 times

Overall – 0.83 imes

#1 Profit falls 27 percent to Rs 292.4 crore Versus Rs 400.3 crore, YoY

#2 Net interest income declines 16.4 percent to Rs 755.6 crore Versus Rs 903.4 crore, YoY

#3 Gross NPA rises to 3.46 percent Versus 3.08 percent, QoQ

#4 Net NPA increases to 1.44 percent Versus 1.31 percent, QoQ

Devyani International was quoting at Rs 152.40, down Rs 1.15, or 0.75 percent.

It has touched an intraday high of Rs 153.65 and an intraday low of Rs 150.85.

It was trading with volumes of 84,526 shares, compared to its five day average of 98,445 shares, a decrease of -14.14 percent.

In the previous trading session, the share closed up 0.03 percent or Rs 0.05 at Rs 153.55.

The share touched a 52-week high of Rs 222.75 and a 52-week low of Rs 130.05 on 23 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 31.58 percent below its 52-week high and 17.19 percent above its 52-week low.

Market capitalisation stands at Rs 18,774.72 crore.

#1 Profit sinks 66.2 percent to Rs 31.1 crore Versus Rs 91.9 crore, YoY

#2 Revenue tanks 47.8 percent to Rs 459.3 crore Versus Rs 879.7 crore, YoY

Gujarat Pipavav Port was quoting at Rs 156.95, up Rs 0.10, or 0.06 percent.

It has touched an intraday high of Rs 160.40 and an intraday low of Rs 155.30.

It was trading with volumes of 60,524 shares, compared to its five day average of 53,374 shares, an increase of 13.40 percent.

In the previous trading session, the share closed up 0.90 percent or Rs 1.40 at Rs 156.85.

The share touched a 52-week high of Rs 239.35 and a 52-week low of Rs 121.30 on 14 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 34.43 percent below its 52-week high and 29.39 percent above its 52-week low.

Market capitalisation stands at Rs 7,587.59 crore.

FSN E-Commerce Ventures Nykaa was quoting at Rs 219.10, up Rs 14.15, or 6.90 percent.

It has touched an intraday high of Rs 220.00 and an intraday low of Rs 210.00.

It was trading with volumes of 1,213,664 shares, compared to its five day average of 71,271 shares, an increase of 1,602.89 percent.

In the previous trading session, the share closed up 0.66 percent or Rs 1.35 at Rs 204.95.

The share touched a 52-week high of Rs 229.90 and a 52-week low of Rs 154.90 on 23 August, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 4.7 percent below its 52-week high and 41.45 percent above its 52-week low.

Market capitalisation stands at Rs 62,677.89 crore.

CG Power is going to start production of semiconductor chips by the month end. The chip pilot plant to be inaugurated at Sanand, Gujarat this month, Sources to CNBC Awaaz.

CG Power and Industrial Solutions was quoting at Rs 669.20, up Rs 10.85, or 1.65 percent.

It has touched an intraday high of Rs 674.70 and an intraday low of Rs 659.35.

It was trading with volumes of 50,756 shares, compared to its five day average of 137,113 shares, a decrease of -62.98 percent.

In the previous trading session, the share closed down 1.10 percent or Rs 7.35 at Rs 658.35.

The share touched a 52-week high of Rs 874.50 and a 52-week low of Rs 518.35 on 11 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 23.48 percent below its 52-week high and 29.1 percent above its 52-week low.

Market capitalisation stands at Rs 105,372.46 crore.

Max Healthcare Institute Limited was quoting at Rs 1,295.25, up Rs 33.25, or 2.63 percent.

It has touched an intraday high of Rs 1,301.95 and an intraday low of Rs 1,270.05.

It was trading with volumes of 59,912 shares, compared to its five day average of 24,814 shares, an increase of 141.45 percent.

In the previous trading session, the share closed down 0.08 percent or Rs 1.00 at Rs 1,262.00.

The share touched a 52-week high of Rs 1,314.30 and a 52-week low of Rs 837.00 on 04 July, 2025 and 26 August, 2024, respectively.

Currently, the stock is trading 1.45 percent below its 52-week high and 54.75 percent above its 52-week low.

Market capitalisation stands at Rs 125,917.32 crore.

#1 Profit grows 10.4 percent to Rs 139.2 crore Versus Rs 126.1 crore, YoY

#2 Net interest income rises 13.5 percent to Rs 277.6 crore Versus Rs 244.6 crore, YoY

Antony Waste’s material subsidiary, Antony Lara Enviro Solutions has received two new contracts each Rs 1600 crore, for development of Waste-to-Energy Plants each with a capacity of ~15 MW at the Kadapa Cluster and Kurnool Cluster in Andhra Pradesh.

Radico Khaitan has received board approval for a strategic investment and partnership. The board has approved the acquisition of a 47.5% equity stake each in D’YAVOL Spirits BV and D’YAVOL Spirits for Rs 40 crore.

Radico Khaitan was quoting at Rs 2,828.00, down Rs 66.95, or 2.31 percent.

It has touched an intraday high of Rs 2,924.95 and an intraday low of Rs 2,826.45.

It was trading with volumes of 3,445 shares, compared to its five day average of 9,476 shares, a decrease of -63.64 percent.

In the previous trading session, the share closed up 1.47 percent or Rs 42.05 at Rs 2,894.95.

The share touched a 52-week high of Rs 2,941.40 and a 52-week low of Rs 1,629.95 on 01 August, 2025 and 14 August, 2024, respectively.

Currently, the stock is trading 3.86 percent below its 52-week high and 73.5 percent above its 52-week low.

Market capitalisation stands at Rs 37,857.73 crore.

The Sensex was up 137.50 points or 0.17 percent at 80,373.09, and the Nifty was up 78.35 points or 0.32 percent at 24,565.75. About 1844 shares advanced, 1614 shares declined, and 136 shares unchanged.

#1 Revenue in-line while EBITDA is ahead of estimates

#2 Hospitals revenue grew 11 percent YoY with margin inching up by 89 bps

#3 Hospital services supported by inpatient volume growth of 3 percent & ARPP growth of 11 percent

#4 Overall occupancy at 65 percent, recorded a 300 bps YoY decline

#5 HealthCo revenues grew 19 percent YoY & margin inched up 41 bps YoY

#1 Regulatory overhang has eased as company’s subsidiary received in-principle RBI approval to operate as an online payment aggregator

#2 The immediate impact on metrics is limited but a major relief nonetheless

#3 It should boost payment margin by allowing onboarding of smaller merchants

The Company has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (‘MSEDCL), for design, manufacture, supply, transport, installation, testing and commissioning of Off-grid DC Solar Photovoltaic Water Pumping System (SPWPS) of 3 HP, 5 HP, & 7.5 HP capacity at identified farmer’s site in District of Maharashtra, including complete system warranty, its repair and maintenance and Remote Monitoring System (RMS) for 5 years under Mangel Tyala Saur Krushi Pump Yojana/ PM Kusum Scheme B scheme.

Aurionpro Solutions has secured a order from the Mumbai Metropolitan Region Development Authority (MMRDA) to design, supply, implement, and maintain the Automatic Fare Collection (AFC) system for Mumbai Metro Lines 4 and 4A.

Valued at nearly Rs 250 crores, the multi-year project will cover the delivery and implementation of the complete solution, including the central clearing house software (CCHS) and all ticketing, and payment hardware, followed by five years of maintenance and support.

L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat.

Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product for bunkering applications in Singapore.

L&T was quoting at Rs 3,706.50, up Rs 20.50, or 0.56 percent.

It has touched an intraday high of Rs 3,715.80 and an intraday low of Rs 3,682.60.

It was trading with volumes of 36,719 shares, compared to its five day average of 93,111 shares, a decrease of -60.56 percent.

In the previous trading session, the share closed up 0.49 percent or Rs 18.10 at Rs 3,686.00.

The share touched a 52-week high of Rs 3,963.00 and a 52-week low of Rs 2,967.65 on 10 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 6.47 percent below its 52-week high and 24.9 percent above its 52-week low.

Market capitalisation stands at Rs 521,340.72 crore.

#1 Profit falls 2.9 percent to Rs 100.8 crore Versus Rs 103.8 crore, YoY

#2 Revenue rises 7.4 percent to Rs 887.2 crore Versus Rs 826.4 crore, YoY

#1 Profit soars 7.8 percent to Rs 187.8 crore Versus Rs 174.2 crore, YoY

#2 Revenue jumps 38.5 percent to Rs 1,068.6 crore Versus Rs 771.5 crore, YoY

QIB – 3.03 times

NII - 25 times

Retail – 11.24 times

Overall – 11.84 times

Indian rupee is trading flat at 87.69 per dollar against Tuesday's close of 87.70.

QIB – 0.85 times

NII - 0.26 times

Retail – 0.94 times

Overall – 0.70 times

Bharat Petroleum Corporation, CSB Bank, United Spirits, Aditya Birla Fashion and Retail, Anthem Biosciences, Engineers India, Brainbees Solutions Firstcry, Godrej Industries, Hindustan Copper, Indian Railway Catering and Tourism Corporation, Nuvama Wealth Management, Pfizer, Samhi Hotels, Texmaco Rail & Engineering, TVS Electronics, and Vishal Mega Mart will release their quarterly earnings on August 13.

#1 Profit drops 10.9 percent to Rs 400 crore Versus Rs 448.8 crore, YoY

#2 Revenue declines 8.1 percent to Rs 1,900.5 crore Versus Rs 2,068.9 crore, YoY

PI Industries was quoting at Rs 3,768.50, down Rs 71.15, or 1.85 percent.

It has touched an intraday high of Rs 3,870.05 and an intraday low of Rs 3,700.10.

It was trading with volumes of 15,390 shares, compared to its five day average of 6,451 shares, an increase of 138.58 percent.

In the previous trading session, the share closed down 0.30 percent or Rs 11.65 at Rs 3,839.65.

The share touched a 52-week high of Rs 4,801.40 and a 52-week low of Rs 2,952.05 on 20 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 21.51 percent below its 52-week high and 27.66 percent above its 52-week low.

Market capitalisation stands at Rs 57,174.97 crore.

#1 Profit zooms 54.2 percent to Rs 36.4 crore Versus Rs 23.6 crore, YoY

#2 Revenue spikes 99.4 percent to Rs 498.8 crore Versus Rs 250.1 crore, YoY

#3 Board approves stock split of 1 equity share of face value of Rs 4 each into 2 shares of face value of Rs 2 each

#4 Board approves bonus in the ratio of 1:1

The Sensex was up 240.60 points or 0.30 percent at 80,476.19, and the Nifty was up 104.50 points or 0.43 percent at 24,591.90. About 1955 shares advanced, 1397 shares declined, and 158 shares unchanged.

QIB – 2.97 times

NII - 19.48 times

Retail – 9.14 times

Overall – 9.59 times

QIB – 0.85 times

NII - 0.25 times

Retail – 0.88 times

Overall – 0.69 times

#1 Profit spikes 117.4 percent to Rs 6.9 crore Versus Rs 3.2 crore, YoY

#2 Revenue jumps 27.6 percent to Rs 1,061.7 crore Versus Rs 832 crore, YoY