< -5%

-5% to -3%

Tourism Finance

Satin Credit

-3% to 0%

IFCI

MAS Financial S

Emerald Finance

SBI Card

Guj Stat Fin

Power Finance

0% to 3%

3% to 5%

InterGlobe Aviation Ltd, the parent company of IndiGo, is poised to enter the Sensex during the upcoming December rebalancing, following Tata Motors Ltd’s recent spinoff of its commercial vehicle business. Market experts expect an inflow of about $342 million (around Rs 2,850 crore) into InterGlobe Aviation if it is added to the index. However, there remains a small chance that Grasim Industries could secure the spot instead.

The demerger has sharply reduced Tata Motors’ market capitalisation as of October 14, raising the likelihood of its exclusion from the index. Analysts pointed out that both InterGlobe Aviation and Grasim Industries belong to underweighted sectors — services and commodities respectively — with commodities carrying a larger underweight. Even so, InterGlobe Aviation’s higher average market capitalisation gives it a stronger edge for inclusion.

Experts noted that while there is a non-zero probability of Grasim Industries being added, Tata Motors’ weak performance over the past year and the demerger are likely to result in passive selling in December. Should Grasim enter the Sensex, it may see inflows of around Rs 2,526 crore, while Tata Motors could witness outflows of about Rs 2,232 crore.

The next Sensex rebalancing will take effect after market close on December 19, with the changes expected to be announced four weeks earlier.

According to market strategist Brian Freitas, of Smartkarma passive trackers will need to buy 4.9 times the average daily volume (ADV) and 7.3 times the delivery volume in InterGlobe Aviation, while selling 3.5 times ADV and 7.7 times delivery volume in Tata Motors. If Grasim Industries is added instead, the impact would be considerably larger — 17.4 times ADV and 31.1 times delivery volume.

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.

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

InterGlobe Aviation likely to join Sensex in December rebalancing; Grasim also in race

InterGlobe Aviation Ltd, the parent company of IndiGo, is poised to enter the Sensex during the upcoming December rebalancing, following Tata Motors Ltd’s recent spinoff of its commercial vehicle business. Market experts expect an inflow of about $342 million (around Rs 2,850 crore) into InterGlobe Aviation if it is added to the index. However, there remains a small chance that Grasim Industries could secure the spot instead.

The demerger has sharply reduced Tata Motors’ market capitalisation as of October 14, raising the likelihood of its exclusion from the index. Analysts pointed out that both InterGlobe Aviation and Grasim Industries belong to underweighted sectors — services and commodities respectively — with commodities carrying a larger underweight. Even so, InterGlobe Aviation’s higher average market capitalisation gives it a stronger edge for inclusion.

Experts noted that while there is a non-zero probability of Grasim Industries being added, Tata Motors’ weak performance over the past year and the demerger are likely to result in passive selling in December. Should Grasim enter the Sensex, it may see inflows of around Rs 2,526 crore, while Tata Motors could witness outflows of about Rs 2,232 crore.

The next Sensex rebalancing will take effect after market close on December 19, with the changes expected to be announced four weeks earlier.

According to market strategist Brian Freitas, of Smartkarma passive trackers will need to buy 4.9 times the average daily volume (ADV) and 7.3 times the delivery volume in InterGlobe Aviation, while selling 3.5 times ADV and 7.7 times delivery volume in Tata Motors. If Grasim Industries is added instead, the impact would be considerably larger — 17.4 times ADV and 31.1 times delivery volume.

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.

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and listings, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

Hero MotoCorp, Eicher Motors, LG Electronics India, Alkem Laboratories, Ipca Laboratories, National Securities Depository, Voltas, Apollo Tyres, Bharat Dynamics, Dilip Buildcon, GMR Airports, Jubilant FoodWorks, Samvardhana Motherson International, Muthoot Finance, NBCC (India), New India Assurance Company, Orkla India, Page Industries, PG Electroplast, Titagarh Rail Systems, and TVS Supply Chain Solutions will announce their quarterly results today.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/tatasteel/TIS" target="_blank">Tata Steel</a> Q2 (Consolidated YoY)

Profit zooms 319.5% to Rs 3,183 crore Vs Rs 758.8 crore

Revenue grows 8.9% to Rs 58,689.3 crore Vs Rs 53,904.7 crore

Tax expenses fall 26% to Rs 1,039.4 crore Vs Rs 1,405.5 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/steel-sponge-iron/lloydsmetalsenergy/LME" target="_blank">Lloyds Metals and Energy</a> Q2 (Consolidated YoY)

Profit surges 90% to Rs 572.4 crore Vs Rs 301.3 crore

Revenue spikes 154.3% to Rs 3,651.4 crore Vs Rs 1,435.7 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/prestigeestatesprojects/PEP02" target="_blank">Prestige Estates Projects</a> Q2 (Consolidated YoY)

Profit soars 123.9% to Rs 430.3 crore Vs Rs 192.2 crore

Revenue rises 5.5% to Rs 2,431.7 crore Vs Rs 2,304.4 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/ship-building/cochinshipyard/CS" target="_blank">Cochin Shipyard</a> Q2 (Consolidated YoY)

Profit drops 43% to Rs 107.5 crore Vs Rs 188.9 crore

Revenue declines 2.2% to Rs 1,118.6 crore Vs Rs 1,143.2 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/software/nazaratechnologies/NT" target="_blank">Nazara Technologies</a> Q2 (Consolidated YoY)

Loss stands at Rs 33.9 crore Vs profit at Rs 18.1 crore

Revenue surges 65% to Rs 526.5 crore Vs Rs 318.9 crore

Exceptional loss stands at Rs 914.7 crore Vs Nil

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/irctc-indianrailwaycateringtourismcorp/IRC" target="_blank">Indian Railway Catering and Tourism Corporation</a> Q2 (Consolidated YoY)

Profit grows 11.1% to Rs 342 crore Vs Rs 307.9 crore

Revenue increases 7.7% to Rs 1,146 crore Vs Rs 1,064 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-others/sanseraengineering/SE27" target="_blank">Sansera Engineering</a> Q2 (Consolidated YoY)

Profit jumps 38.3% to Rs 71.4 crore Vs Rs 51.6 crore

Revenue grows 8.1% to Rs 825.2 crore Vs Rs 763.4 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/enterohealthcaresolutions/EHSL" target="_blank">Entero Healthcare Solutions</a> Q2 (Consolidated YoY)

Profit zooms 33.8% to Rs 31.6 crore Vs Rs 23.6 crore

Revenue soars 20.8% to Rs 1,570.9 crore Vs Rs 1,300.7 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-23-wheelers/endurancetechnologies/ET01" target="_blank">Endurance Technologies</a> Q2 (Consolidated YoY)

Profit increases 12% to Rs 227.3 crore Vs Rs 203 crore

Revenue grows 23% to Rs 3,582.8 crore Vs Rs 2,912.7 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-heavy/irconinternational/II07" target="_blank">Ircon International</a> Q2 (Consolidated YoY)

Profit falls 33.7% to Rs 136.5 crore Vs Rs 205.9 crore

Revenue drops 19.2% to Rs 1,976.8 crore Vs Rs 2,447.5 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/deepaknitrite/DN" target="_blank">Deepak Nitrite</a> Q2 (Consolidated YoY)

Profit tanks 38.9% to Rs 118.7 crore Vs Rs 194.2 crore

Revenue slips 6.4% to Rs 1,901.9 crore Vs Rs 2,032 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/cohancelifesciences/SP19" target="_blank">Cohance Lifesciences</a> Q2 (Consolidated YoY)

Profit plunges 52% to Rs 66.4 crore Vs Rs 138.2 crore

Revenue declines 8% to Rs 555.6 crore Vs Rs 603.8 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/datapatternsindia/DPI01" target="_blank">Data Patterns (India)</a> Q2 (Consolidated YoY)

Profit jumps 62.5% to Rs 49.2 crore Vs Rs 30.3 crore

Revenue spikes 237.8% to Rs 307.5 crore Vs Rs 91 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/hginfraengineeringltd/HIE" target="_blank">HG Infra Engineering</a> Q2 (Consolidated YoY)

Profit sinks 35.4% to Rs 52.2 crore Vs Rs 80.7 crore

Revenue rises 0.2% to Rs 904.5 crore Vs Rs 902.4 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/knrconstructions/KC13" target="_blank">KNR Constructions</a> Q2 (Consolidated YoY)

Profit drops 76.3% to Rs 104.7 crore Vs Rs 441.5 crore

Revenue declines 66.8% to Rs 646.5 crore Vs Rs 1,944.8 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure/afconsinfrastructure/AIL08" target="_blank">Afcons Infrastructure</a> Q2 (Consolidated YoY)

Profit falls 22.4% to Rs 105.1 crore Vs Rs 135.4 crore

Revenue grows 1% to Rs 2,988.4 crore Vs Rs 2,959.7 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/fertilizers/gujaratnarmadavalleyfertchem/GNV" target="_blank">Gujarat Narmada Valley Fertilizers &amp; Chemicals</a> - GNFC Q2 (Consolidated YoY)

Profit zooms 70.5% to Rs 179 crore Vs Rs 105 crore

Revenue rises 2.7% to Rs 1,968 crore Vs Rs 1,917 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/indraprasthagas/IG04" target="_blank">Indraprastha Gas</a> Q2 (Consolidated YoY)

Profit drops 15.2% to Rs 385 crore Vs Rs 454.2 crore

Revenue grows 8.9% to Rs 4,446 crore Vs Rs 4,084.2 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/pncinfratech/PI26" target="_blank">PNC Infratech</a> Q2 (Consolidated YoY)

Profit spikes 158.5% to Rs 215.8 crore Vs Rs 83.5 crore

Revenue declines 21% to Rs 1,127.6 crore Vs Rs 1,427 crore

Exceptional gains stand at Rs 162.9 crore Vs Nil

<a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/spicejet/SJ01" target="_blank">SpiceJet</a> Q2 (Consolidated YoY)

Loss widens to Rs 621.3 crore Vs loss of Rs 457.8 crore

Revenue falls 13.4% to Rs 792.4 crore Vs Rs 914.8 crore

<a href="https://www.moneycontrol.com/us-markets/stockpricequote/pfizer/PFE" target="_blank">Pfizer</a> Q2 (YoY)

Profit soars 19.4% to Rs 189 crore Vs Rs 158.4 crore

Revenue grows 9.1% to Rs 642.3 crore Vs Rs 588.6 crore

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI" target="_blank">State Bank of India</a>

The bank has signed a non-binding term sheet with Care Ratings to purchase 29.7 lakh equity shares (representing a 9.9% stake) in CareEdge Global IFSC (CGIL).

<a href="https://www.moneycontrol.com/india/stockpricequote/plastics/cosmofirst/CF08" target="_blank">Cosmo First</a>

The company has entered into a strategic 50:50 joint venture with Filmax Corporation, the South Korean films and chemicals company. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First in the South Korean market, while also expanding Filmax’s products globally through Cosmo First’s various international arms.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/misc-commercial-services/namoewastemanagement/NEML" target="_blank">Namo eWaste Management</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/electronics-components/sahasraelectronicsolutions/SES03" target="_blank">Sahasra Electronic Solutions</a>

Varanium Capital Advisors bought 2.76 lakh shares (equivalent to 1.2% of paid-up equity) in Namo eWaste at Rs 224.6 per share, amounting to Rs 6.2 crore, and 1.68 lakh shares (representing a 0.67% stake) in Sahasra Electronic at Rs 359.17 per share, totaling Rs 6.03 crore.

Block deals

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/fortishealthcare/FH" target="_blank">Fortis Healthcare</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/steel-sponge-iron/lloydsmetalsenergy/LME" target="_blank">Lloyds Metals and Energy</a>

Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in Fortis Healthcare at Rs 975.4 per share for Rs 49.67 crore, and 3.52 lakh shares in Lloyds Metals and Energy at Rs 1,305.2 per share for Rs 46.05 crore, both from UBS AG.

<a href="https://www.moneycontrol.com/india/stockpricequote/real-estate-rental-developmentoperations/weworkindiamanagement/WIML" target="_blank">WeWork India Management</a>

Morgan Stanley Asia (Singapore) picked up 4.62 lakh shares in WeWork India Management at Rs 615.65 per share, worth Rs 28.47 crore, again from UBS AG.

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalhealthcare-services/maxhealthcareinstitute/MHI" target="_blank">Max Healthcare Institute</a>

Societe Generale bought 92,289 equity shares in Max Healthcare Institute at Rs 1,095.4 per share for Rs 10.1 crore from BNP Paribas Financial Markets.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI" target="_blank">State Bank of India</a>

Societe Generale acquired 1.14 lakh shares in State Bank of India at Rs 953.3 per share for Rs 10.89 crore from BofA Securities Europe SA.

<a href="https://www.moneycontrol.com/india/stockpricequote/bearings/schaefflerindia/FAG" target="_blank">Schaeffler India</a>

BNP Paribas Financial Markets acquired 24,722 shares in Schaeffler India at Rs 4,105.65 per share for Rs 10.1 crore from Copthall Mauritius Investment.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-stock-broking/billionbrainsgarageventures/BGV01" target="_blank">Groww</a>

BNP Paribas Financial Markets bought 14.91 lakh shares in Billionbrains Garage Ventures (Groww) at Rs 122 per share, totaling Rs 18.19 crore, from UBS AG.

SME Listing

Finbud Financial Services

Stocks Trade Ex-Dividend

ADF Foods
Amara Raja Energy &amp; Mobility
Great Eastern Shipping Company
Patanjali Foods
Sasken Technologies
Kriti Nutrients

Stock Trades Ex-Date for Income Distribution RITES

Knowledge Realty Trust

Stock in F&amp;O ban

SAIL

Stocks to Watch Today: Tata Steel, GNFC, Data Patterns, Nazara Tech, Prestige Estates, Lloyds Metals, Cosmo First, Entero Healthcare in focus on 13 November

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

Results Today

Hero MotoCorp, Eicher Motors, LG Electronics India, Alkem Laboratories, Ipca Laboratories, National Securities Depository, Voltas, Apollo Tyres, Bharat Dynamics, Dilip Buildcon, GMR Airports, Jubilant FoodWorks, Samvardhana Motherson International, Muthoot Finance, NBCC (India), New India Assurance Company, Orkla India, Page Industries, PG Electroplast, Titagarh Rail Systems, and TVS Supply Chain Solutions will announce their quarterly results today.

Quarterly Earnings

Tata Steel Q2 (Consolidated YoY)

Profit zooms 319.5% to Rs 3,183 crore Vs Rs 758.8 crore

Revenue grows 8.9% to Rs 58,689.3 crore Vs Rs 53,904.7 crore

Tax expenses fall 26% to Rs 1,039.4 crore Vs Rs 1,405.5 crore

Lloyds Metals and Energy Q2 (Consolidated YoY)

Profit surges 90% to Rs 572.4 crore Vs Rs 301.3 crore

Revenue spikes 154.3% to Rs 3,651.4 crore Vs Rs 1,435.7 crore

Prestige Estates Projects Q2 (Consolidated YoY)

Profit soars 123.9% to Rs 430.3 crore Vs Rs 192.2 crore

Revenue rises 5.5% to Rs 2,431.7 crore Vs Rs 2,304.4 crore

Cochin Shipyard Q2 (Consolidated YoY)

Profit drops 43% to Rs 107.5 crore Vs Rs 188.9 crore

Revenue declines 2.2% to Rs 1,118.6 crore Vs Rs 1,143.2 crore

Nazara Technologies Q2 (Consolidated YoY)

Loss stands at Rs 33.9 crore Vs profit at Rs 18.1 crore

Revenue surges 65% to Rs 526.5 crore Vs Rs 318.9 crore

Exceptional loss stands at Rs 914.7 crore Vs Nil

Indian Railway Catering and Tourism Corporation Q2 (Consolidated YoY)

Profit grows 11.1% to Rs 342 crore Vs Rs 307.9 crore

Revenue increases 7.7% to Rs 1,146 crore Vs Rs 1,064 crore

Sansera Engineering Q2 (Consolidated YoY)

Profit jumps 38.3% to Rs 71.4 crore Vs Rs 51.6 crore

Revenue grows 8.1% to Rs 825.2 crore Vs Rs 763.4 crore

Entero Healthcare Solutions Q2 (Consolidated YoY)

Profit zooms 33.8% to Rs 31.6 crore Vs Rs 23.6 crore

Revenue soars 20.8% to Rs 1,570.9 crore Vs Rs 1,300.7 crore

Endurance Technologies Q2 (Consolidated YoY)

Profit increases 12% to Rs 227.3 crore Vs Rs 203 crore

Revenue grows 23% to Rs 3,582.8 crore Vs Rs 2,912.7 crore

Ircon International Q2 (Consolidated YoY)

Profit falls 33.7% to Rs 136.5 crore Vs Rs 205.9 crore

Revenue drops 19.2% to Rs 1,976.8 crore Vs Rs 2,447.5 crore

Deepak Nitrite Q2 (Consolidated YoY)

Profit tanks 38.9% to Rs 118.7 crore Vs Rs 194.2 crore

Revenue slips 6.4% to Rs 1,901.9 crore Vs Rs 2,032 crore

Cohance Lifesciences Q2 (Consolidated YoY)

Profit plunges 52% to Rs 66.4 crore Vs Rs 138.2 crore

Revenue declines 8% to Rs 555.6 crore Vs Rs 603.8 crore

Data Patterns (India) Q2 (Consolidated YoY)

Profit jumps 62.5% to Rs 49.2 crore Vs Rs 30.3 crore

Revenue spikes 237.8% to Rs 307.5 crore Vs Rs 91 crore

HG Infra Engineering Q2 (Consolidated YoY)

Profit sinks 35.4% to Rs 52.2 crore Vs Rs 80.7 crore

Revenue rises 0.2% to Rs 904.5 crore Vs Rs 902.4 crore

KNR Constructions Q2 (Consolidated YoY)

Profit drops 76.3% to Rs 104.7 crore Vs Rs 441.5 crore

Revenue declines 66.8% to Rs 646.5 crore Vs Rs 1,944.8 crore

Afcons Infrastructure Q2 (Consolidated YoY)

Profit falls 22.4% to Rs 105.1 crore Vs Rs 135.4 crore

Revenue grows 1% to Rs 2,988.4 crore Vs Rs 2,959.7 crore

Gujarat Narmada Valley Fertilizers &amp;amp; Chemicals - GNFC Q2 (Consolidated YoY)

Profit zooms 70.5% to Rs 179 crore Vs Rs 105 crore

Revenue rises 2.7% to Rs 1,968 crore Vs Rs 1,917 crore

Indraprastha Gas Q2 (Consolidated YoY)

Profit drops 15.2% to Rs 385 crore Vs Rs 454.2 crore

Revenue grows 8.9% to Rs 4,446 crore Vs Rs 4,084.2 crore

PNC Infratech Q2 (Consolidated YoY)

Profit spikes 158.5% to Rs 215.8 crore Vs Rs 83.5 crore

Revenue declines 21% to Rs 1,127.6 crore Vs Rs 1,427 crore

Exceptional gains stand at Rs 162.9 crore Vs Nil

SpiceJet Q2 (Consolidated YoY)

Loss widens to Rs 621.3 crore Vs loss of Rs 457.8 crore

Revenue falls 13.4% to Rs 792.4 crore Vs Rs 914.8 crore

Pfizer Q2 (YoY)

Profit soars 19.4% to Rs 189 crore Vs Rs 158.4 crore

Revenue grows 9.1% to Rs 642.3 crore Vs Rs 588.6 crore

Stocks to Watch

State Bank of India

The bank has signed a non-binding term sheet with Care Ratings to purchase 29.7 lakh equity shares (representing a 9.9% stake) in CareEdge Global IFSC (CGIL).

Cosmo First

The company has entered into a strategic 50:50 joint venture with Filmax Corporation, the South Korean films and chemicals company. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First in the South Korean market, while also expanding Filmax’s products globally through Cosmo First’s various international arms.

Bulk Deals

Namo eWaste Management, Sahasra Electronic Solutions

Varanium Capital Advisors bought 2.76 lakh shares (equivalent to 1.2% of paid-up equity) in Namo eWaste at Rs 224.6 per share, amounting to Rs 6.2 crore, and 1.68 lakh shares (representing a 0.67% stake) in Sahasra Electronic at Rs 359.17 per share, totaling Rs 6.03 crore.

Block deals

Fortis Healthcare, Lloyds Metals and Energy

Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in Fortis Healthcare at Rs 975.4 per share for Rs 49.67 crore, and 3.52 lakh shares in Lloyds Metals and Energy at Rs 1,305.2 per share for Rs 46.05 crore, both from UBS AG.

WeWork India Management

Morgan Stanley Asia (Singapore) picked up 4.62 lakh shares in WeWork India Management at Rs 615.65 per share, worth Rs 28.47 crore, again from UBS AG.

Max Healthcare Institute

Societe Generale bought 92,289 equity shares in Max Healthcare Institute at Rs 1,095.4 per share for Rs 10.1 crore from BNP Paribas Financial Markets.

State Bank of India

Societe Generale acquired 1.14 lakh shares in State Bank of India at Rs 953.3 per share for Rs 10.89 crore from BofA Securities Europe SA.

Schaeffler India

BNP Paribas Financial Markets acquired 24,722 shares in Schaeffler India at Rs 4,105.65 per share for Rs 10.1 crore from Copthall Mauritius Investment.

Groww

BNP Paribas Financial Markets bought 14.91 lakh shares in Billionbrains Garage Ventures (Groww) at Rs 122 per share, totaling Rs 18.19 crore, from UBS AG.

SME Listing

Finbud Financial Services

Stocks Trade Ex-Dividend

ADF Foods
Amara Raja Energy &amp;amp; Mobility
Great Eastern Shipping Company
Patanjali Foods
Sasken Technologies
Kriti Nutrients

Stock Trades Ex-Date for Income Distribution RITES

Knowledge Realty Trust

Stock in F&amp;amp;O ban

SAIL

Varanium Capital Advisors has acquired a 1.2 percent equity stake in Namo eWaste Management and a 0.67 percent stake in Sahasra Electronic Solutions via open market transactions on November 12.

<a href="https://www.moneycontrol.com/india/stockpricequote/misc-commercial-services/namoewastemanagement/NEML">Namo eWaste Management</a> shares rallied more than 12 percent to finish the session at Rs 215.25, while <a href="https://www.moneycontrol.com/india/stockpricequote/electronics-components/sahasraelectronicsolutions/SES03">Sahasra Electronic Solutions</a> surged over 15 percent to Rs 350 on the National Stock Exchange, extending their upward journey for the fourth consecutive session.

Varanium Capital Advisors bought 2.76 lakh shares (equivalent to 1.2 percent of paid-up equity) in Namo eWaste at Rs 224.6 per share, amounting to Rs 6.2 crore, and 1.68 lakh shares (representing a 0.67 percent stake) in Sahasra Electronic at Rs 359.17 per share, totaling Rs 6.03 crore.

Meanwhile, there was a significant exchange of shares among global marquee investors in several companies, including Fortis Healthcare, WeWork, Lloyds Metals, SBI, Groww, and Max Healthcare.

Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/fortishealthcare/FH">Fortis Healthcare</a> at Rs 975.4 per share for Rs 49.67 crore, and 3.52 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/steel-sponge-iron/lloydsmetalsenergy/LME">Lloyds Metals and Energy</a> at Rs 1,305.2 per share for Rs 46.05 crore, both from UBS AG.

The firm also picked up 4.62 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/real-estate-rental-developmentoperations/weworkindiamanagement/WIML">WeWork India Management</a> at Rs 615.65 per share, worth Rs 28.47 crore, again from UBS AG.

Societe Generale bought 92,289 equity shares in <a href="https://www.moneycontrol.com/india/stockpricequote/hospitalhealthcare-services/maxhealthcareinstitute/MHI">Max Healthcare Institute</a> at Rs 1,095.4 per share for Rs 10.1 crore from BNP Paribas Financial Markets, and 1.14 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/statebankindia/SBI">State Bank of India</a> at Rs 953.3 per share for Rs 10.89 crore from BofA Securities Europe SA.

Meanwhile, BNP Paribas Financial Markets acquired 24,722 shares in <a href="https://www.moneycontrol.com/india/stockpricequote/bearings/schaefflerindia/FAG">Schaeffler India</a> at Rs 4,105.65 per share for Rs 10.1 crore from Copthall Mauritius Investment, and 14.91 lakh shares in <a href="https://www.moneycontrol.com/india/stockpricequote/finance-stock-broking/billionbrainsgarageventures/BGV01">Billionbrains Garage Ventures (Groww)</a> at Rs 122 per share, totaling Rs 18.19 crore, from UBS AG.

Varanium Capital Advisors pick 1.2% stake in Namo eWaste, 0.7% shares in Sahasra Electronic

Varanium Capital Advisors has acquired a 1.2 percent equity stake in Namo eWaste Management and a 0.67 percent stake in Sahasra Electronic Solutions via open market transactions on November 12.

Namo eWaste Management shares rallied more than 12 percent to finish the session at Rs 215.25, while Sahasra Electronic Solutions surged over 15 percent to Rs 350 on the National Stock Exchange, extending their upward journey for the fourth consecutive session.

Varanium Capital Advisors bought 2.76 lakh shares (equivalent to 1.2 percent of paid-up equity) in Namo eWaste at Rs 224.6 per share, amounting to Rs 6.2 crore, and 1.68 lakh shares (representing a 0.67 percent stake) in Sahasra Electronic at Rs 359.17 per share, totaling Rs 6.03 crore.

Meanwhile, there was a significant exchange of shares among global marquee investors in several companies, including Fortis Healthcare, WeWork, Lloyds Metals, SBI, Groww, and Max Healthcare.

Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in Fortis Healthcare at Rs 975.4 per share for Rs 49.67 crore, and 3.52 lakh shares in Lloyds Metals and Energy at Rs 1,305.2 per share for Rs 46.05 crore, both from UBS AG.

The firm also picked up 4.62 lakh shares in WeWork India Management at Rs 615.65 per share, worth Rs 28.47 crore, again from UBS AG.

Societe Generale bought 92,289 equity shares in Max Healthcare Institute at Rs 1,095.4 per share for Rs 10.1 crore from BNP Paribas Financial Markets, and 1.14 lakh shares in State Bank of India at Rs 953.3 per share for Rs 10.89 crore from BofA Securities Europe SA.

Meanwhile, BNP Paribas Financial Markets acquired 24,722 shares in Schaeffler India at Rs 4,105.65 per share for Rs 10.1 crore from Copthall Mauritius Investment, and 14.91 lakh shares in Billionbrains Garage Ventures (Groww) at Rs 122 per share, totaling Rs 18.19 crore, from UBS AG.

The midcap index touched a record high in Wednesday’s trade, supported by broad-based buying across sectors and firm global cues.

The Nifty Midcap100 index hit an all-time peak of 61,011, extending its winning streak to the fourth consecutive session. The index has gained about 2.3 percent over the past four trading days.

Among the major gainers in the midcap segment were <a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/biocon/BL03">Biocon</a>, Max Financial Services, BSE, and IndusInd Bank, which rose up to 5 percent.

The smallcap segment also witnessed renewed buying interest, with the Nifty Smallcap100 index snapping yesterday's decline to rise nearly 1 percent during the session.

Stocks such as <a href="https://www.moneycontrol.com/india/stockpricequote/shipping/greateasternshippingcompany/GES">The Great Eastern Shipping Company</a>, Poonawalla Fincorp, Tejas Networks, and BLS International Services advanced up to 9 percent.

Analysts attributed the market uptrend to positive global cues, optimism over a possible India-US trade agreement and easing concerns regarding a potential end to US government shutdown. Investor sentiment was also buoyed by exit poll trends in Bihar indicating a likely victory for the ruling alliance.

The equity benchmark indices settled higher for the third straight day on Wednesday, supported by gains in IT shares amid a rally in global equities markets.

Optimism over the resolution of the US government shutdown and growing expectations of interest rate cuts by the Federal Reserve also bolstered the sentiment.

The Sensex rallied 595.19 points or 0.71 per cent to settle at 84,466.51. It gained up to 780.69 points or 0.93 percent to hit an intraday high of 84,652.01. The broader Nifty climbed 180.85 points or 0.7 percent to close at 25,875.80. During the session, it jumped 239.6 points or 0.93 percent to hit a high of 25,934.55.

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.

Midcap index hits all-time high, smallcap index rises nearly 1%; BLS International, Biocon among key gainers

The midcap index touched a record high in Wednesday’s trade, supported by broad-based buying across sectors and firm global cues.

The Nifty Midcap100 index hit an all-time peak of 61,011, extending its winning streak to the fourth consecutive session. The index has gained about 2.3 percent over the past four trading days.

Among the major gainers in the midcap segment were Biocon, Max Financial Services, BSE, and IndusInd Bank, which rose up to 5 percent.

The smallcap segment also witnessed renewed buying interest, with the Nifty Smallcap100 index snapping yesterday's decline to rise nearly 1 percent during the session.

Stocks such as The Great Eastern Shipping Company, Poonawalla Fincorp, Tejas Networks, and BLS International Services advanced up to 9 percent.

Analysts attributed the market uptrend to positive global cues, optimism over a possible India-US trade agreement and easing concerns regarding a potential end to US government shutdown. Investor sentiment was also buoyed by exit poll trends in Bihar indicating a likely victory for the ruling alliance.

The equity benchmark indices settled higher for the third straight day on Wednesday, supported by gains in IT shares amid a rally in global equities markets.

Optimism over the resolution of the US government shutdown and growing expectations of interest rate cuts by the Federal Reserve also bolstered the sentiment.

The Sensex rallied 595.19 points or 0.71 per cent to settle at 84,466.51. It gained up to 780.69 points or 0.93 percent to hit an intraday high of 84,652.01. The broader Nifty climbed 180.85 points or 0.7 percent to close at 25,875.80. During the session, it jumped 239.6 points or 0.93 percent to hit a high of 25,934.55.

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 Max Financial Services hit a fresh record high on November 12 as brokerages remained positive despite the firm reporting a sharp fall in net profit and revenue during the second quarter of the ongoing FY26. Aavas Financiers shares meanwhile jumped nearly 8 percent.

Max Financial Services shares rose nearly 5 percent to hit a fresh 52-week high of Rs 1,715.2 apiece. Aavas Financiers shares meanwhile gained nearly 8 percent to trade at a three-month high of Rs 1,748.70 apiece.

Max Financial Services Q2 Results:

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/maxfinancialservices/MI">Max Financial</a> on November 11 reported a consolidated net profit of Rs 4.12 crore for the second quarter of the financial year 2026. This marks a 96 percent year-on-year (YoY) decrease from the Rs 112.56 crore reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile fell nearly 27 percent YoY to Rs 9,792 crore in Q2 FY26, from Rs 13,371.86 crore in Q2 FY25. It said that its value of new business (VNB) has increased by 27 percent YoY in the first half of the ongoing financial year 2026 (April-September).

JM Financial noted that the company has reported a APE and VNB growth of 15 percent and 27 percent YoY respectively during the quarter under review. It added that while growth was in line, VNB margin of 25.5 percent was a positive surprise.

"This was led by a margin-accretive product mix –ULIP volumes declined while annuity and protection grew 122%/34%. Also, par and non-par business grew 41%/17% YoY. While we had anticipated the mix shift away from ULIPs towards non-linked savings, we had expected margins to be adversely affected by GST 2.0," the domestic brokerage said.

Jefferies said that better product mix and positive yield curve moves lifted profit margins. The international brokerage has named Max Financial as its top insurance pick.

Motilal Oswal said the company maintains better-than-industry APE growth trajectory. It attributes strong expansion of VNB margin to rise in contribution of protection, non-par and annuity businesses.

Aavas Financiers Q2 Results:

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/aavasfinanciers/AF17">Aavas Financiers</a> on November 11 reported a net profit of Rs 163.93 crore for Q2 FY26, marking a 10.8 percent YoY rise from the Rs 147.90 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose over 15 percent YoY to Rs 667 crore.

The firm’s assets under management (AUM) grew 16 percent YoY to Rs 21,356.6 crore, while net interest margin improved 26 basis points to 8.04 percent during the quarter under review.

PL Capital kept an ‘Accumulate’ call on the stock, with a target price of Rs 1,900 apiece. This implies an upside potential of more than 17 percent from the stock’s previous closing price.

The domestic brokerage noted that the firm saw a good quarter led by better margins, higher fees &amp; assignment income and lower opex. “While company has guided to medium term growth of 20% per annum, its larger size and competition for bigger HFCs to scale up affordable housing, could hinder credit flow or pricing,” it noted.

Motilal Oswal kept a ‘Neutral’ call on the stock, with a target price of Rs 1,800 per share. This implies an upside potential of more than 11 percent from the stock’s previous closing price.

The domestic brokerage has raised its FY26/FY27 EPS estimates by 4 percent/2 percent to factor in higher assignment income. “For a re-rating in its current valuation multiples, we believe that the company will need to deliver on its guided AUM growth and exhibit better readiness for an acceleration of its AUM growth from FY27 onwards,” it said.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-12-11-2025-liveblog-13669011.html">Our LIVE blog on stock market updates</a>

(With inputs from agencies)

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.

Q2 results impact: Max Financial Services shares jump 5% to hit fresh 52-week high, Aavas Financiers up 8%

The shares of Max Financial Services hit a fresh record high on November 12 as brokerages remained positive despite the firm reporting a sharp fall in net profit and revenue during the second quarter of the ongoing FY26. Aavas Financiers shares meanwhile jumped nearly 8 percent.

Max Financial Services shares rose nearly 5 percent to hit a fresh 52-week high of Rs 1,715.2 apiece. Aavas Financiers shares meanwhile gained nearly 8 percent to trade at a three-month high of Rs 1,748.70 apiece.

Max Financial Services Q2 Results:

Max Financial on November 11 reported a consolidated net profit of Rs 4.12 crore for the second quarter of the financial year 2026. This marks a 96 percent year-on-year (YoY) decrease from the Rs 112.56 crore reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile fell nearly 27 percent YoY to Rs 9,792 crore in Q2 FY26, from Rs 13,371.86 crore in Q2 FY25. It said that its value of new business (VNB) has increased by 27 percent YoY in the first half of the ongoing financial year 2026 (April-September).

JM Financial noted that the company has reported a APE and VNB growth of 15 percent and 27 percent YoY respectively during the quarter under review. It added that while growth was in line, VNB margin of 25.5 percent was a positive surprise.

&quot;This was led by a margin-accretive product mix –ULIP volumes declined while annuity and protection grew 122%/34%. Also, par and non-par business grew 41%/17% YoY. While we had anticipated the mix shift away from ULIPs towards non-linked savings, we had expected margins to be adversely affected by GST 2.0,&quot; the domestic brokerage said.

Jefferies said that better product mix and positive yield curve moves lifted profit margins. The international brokerage has named Max Financial as its top insurance pick.

Motilal Oswal said the company maintains better-than-industry APE growth trajectory. It attributes strong expansion of VNB margin to rise in contribution of protection, non-par and annuity businesses.

Aavas Financiers Q2 Results:

Aavas Financiers on November 11 reported a net profit of Rs 163.93 crore for Q2 FY26, marking a 10.8 percent YoY rise from the Rs 147.90 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose over 15 percent YoY to Rs 667 crore.

The firm’s assets under management (AUM) grew 16 percent YoY to Rs 21,356.6 crore, while net interest margin improved 26 basis points to 8.04 percent during the quarter under review.

PL Capital kept an ‘Accumulate’ call on the stock, with a target price of Rs 1,900 apiece. This implies an upside potential of more than 17 percent from the stock’s previous closing price.

The domestic brokerage noted that the firm saw a good quarter led by better margins, higher fees &amp;amp; assignment income and lower opex. “While company has guided to medium term growth of 20% per annum, its larger size and competition for bigger HFCs to scale up affordable housing, could hinder credit flow or pricing,” it noted.

Motilal Oswal kept a ‘Neutral’ call on the stock, with a target price of Rs 1,800 per share. This implies an upside potential of more than 11 percent from the stock’s previous closing price.

The domestic brokerage has raised its FY26/FY27 EPS estimates by 4 percent/2 percent to factor in higher assignment income. “For a re-rating in its current valuation multiples, we believe that the company will need to deliver on its guided AUM growth and exhibit better readiness for an acceleration of its AUM growth from FY27 onwards,” it said.

Also read: Our LIVE blog on stock market updates

(With inputs from agencies)

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.

Finance Term Lending Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Finance Term Lending industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

InterGlobe Aviation likely to join Sensex in December rebalancing; Grasim also in race

Stocks to Watch Today: Tata Steel, GNFC, Data Patterns, Nazara Tech, Prestige Estates, Lloyds Metals, Cosmo First, Entero Healthcare in focus on 13 November

Varanium Capital Advisors pick 1.2% stake in Namo eWaste, 0.7% shares in Sahasra Electronic

Midcap index hits all-time high, smallcap index rises nearly 1%; BLS International, Biocon among key gainers

Q2 results impact: Max Financial Services shares jump 5% to hit fresh 52-week high, Aavas Financiers up 8%

Finance Term Lending Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Finance Term Lending industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

InterGlobe Aviation likely to join Sensex in December rebalancing; Grasim also in race

Stocks to Watch Today: Tata Steel, GNFC, Data Patterns, Nazara Tech, Prestige Estates, Lloyds Metals, Cosmo First, Entero Healthcare in focus on 13 November

Varanium Capital Advisors pick 1.2% stake in Namo eWaste, 0.7% shares in Sahasra Electronic

Midcap index hits all-time high, smallcap index rises nearly 1%; BLS International, Biocon among key gainers

Q2 results impact: Max Financial Services shares jump 5% to hit fresh 52-week high, Aavas Financiers up 8%

Finance Term Lending Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Finance Term Lending industry stocks.