Moneycontrol Selects: Top stories this morning

A round-up of the big stories

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26 Aug, 2025 12:21

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Here is a collection of our most important stories this morning:

 1. DMart’s valuation comes to question as it reports a profit decline after 12 quarters

Inferior product mix, traction in quick commerce, and higher proportion of new stores in non-metro cities are biting Avenue Supermarts’ financial performance and rich valuation. On October 14, the company reported 9.1 percent year-on-year decline in net profit at Rs 623.4 crore for the quarter ended September. The retailer reported a profit decline after 12 quarters. Read more.

2. Delta Corp sinks to 52-week low over GST woes, stock down 22% in a month

Delta Corp Limited shares plunged 8.6 percent to hit a 52-week low of Rs 128 in the early trade on October 16, extending losses for the third session in a row after a subsidiary received a notice for payment of Rs 6,384 crore for shortfall in taxes. Read more.

3. Jio Financial Services first-ever quarterly results today; mutual funds trim stake since listing

Jio Financial Services is all set to report its first-ever quarterly results since listing. Ahead of results, in the month gone by, mutual funds brought down their stake in the NBFC (non-banking financial company) to 4.71 percent at the end of September from 6.63 percent in August, according to data compiled by Prime Database. Read more.

4. Tata Motors slows down on plans to sell Rs 1,600-cr shares in Tata Tech IPO

Shares of Tata Motors Limited traded 0.14 percent lower at Rs 666 in early trade on October 16, snapping a four-day gaining streak on the bourses. The company has announced that it has agreed to sell a 9.9 percent stake in IPO-bound Tata Technologies for Rs 1,613.7 crore.

The stake will be purchased by TPG Rise Climate SF Pte Ltd, a climate-focused private equity fund, and Ratan Tata Endowment Foundation, for an equity valuation of Rs 16,300 crore. Read more.

5. NSE sees 6.33 million shares change hands in Sept, institutions pick up the most

Nearly 6.33 million shares of the National Stock Exchange of India (NSE) changed hands in September at an average price of Rs 3,055 each, taking the total turnover to Rs 1,860 crore.

In September, foreign portfolio investors picked up 4.36 lakh shares, while domestic investors bought 29.8 lakh. Non-resident Indian investors sold around 34.17 lakh shares. Read more.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.