Kavveri Defence

< -5%

Uniinfo Telecom

Maestros Elect

-5% to -3%

BLACK BOX

Digispice Tech

Valiant Comm

ADC India Comm

Exicom Tele-Sys

Frog Cellsat

Punj Comm

-3% to 0%

Avantel

Optiemus Infra

NELCO

Tejas Networks

HFCL

Shyam Telecom

Vindhya Telelin

Bharti Hexacom

INDUS TOWERS

GTL Infra

Quadrant Tele

0% to 3%

TELOGICA

3% to 5%

SAR Televenture

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and order wins, 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>

Elecon Engineering Company, Indosolar, Waaree Renewable Technologies, Yash Highvoltage, GK Energy, Hathway Bhawani Cabletel &amp; Datacom, AAA Technologies, Affordable Robotic &amp; Automation, Evoq Remedies, Intense Technologies, Oswal Overseas, and Pro Fin Capital Services will release their quarterly earnings on October 10.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results on October 11</a>

Avenue Supermarts, and Euro Pratik Sales will announce their quarterly results on October 11.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/tataconsultancyservices/TCS" target="_blank">Tata Consultancy Services</a>-TCS Q2 (Consolidated YoY)

Profit grows 8.4% to Rs 12,904 crore Vs Rs 11,909 crore

Revenue increases 2.4% to Rs 65,799 crore Vs Rs 64,259 crore

EBIT soars 7.1% to Rs 16,565 crore Vs Rs 15,465 crore

EBIT margin expands to 25.17 Vs 24.06%

Total contract value at $10 billion

Company acquires 100% stake in ListEngage, a leading Salesforce Summit partner

New business entity to build world class AI infrastructure - 1 GW capacity AI datacenter in India

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/tataelxsi/TE" target="_blank">Tata Elxsi</a> Q2 (YoY)

Profit tanks 32.5% to Rs 154.8 crore Vs Rs 229.4 crore

Revenue falls 3.9% to Rs 918.1 crore Vs Rs 955.1 crore

Other income drops 24% to Rs 48.8 crore Vs Rs 64.3 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/5paisacapital/C98" target="_blank">5Paisa Capital</a> Q2 (Consolidated YoY)

Profit plunges 56.7% to Rs 9.5 crore Vs Rs 21.9 crore

Revenue drops 23.4% to Rs 77.2 crore Vs Rs 100.8 crore

Monthly Business Update

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/iciciprudentiallifeinsurancecompany/IPL01" target="_blank">ICICI Prudential Life Insurance Company</a> (September MoM)

New business premium falls 0.84% to Rs 1,761 crore Vs Rs 1,776 crore

Annualised premium equivalent (APE) soars 20.6% to Rs 871 crore Vs Rs 722 crore

Retail APE zooms 25% to Rs 739 crore Vs Rs 591 crore

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure/afconsinfrastructure/AIL08" target="_blank">Afcons Infrastructure</a>

The company has received an order worth Rs 576 crore for civil and allied infrastructure works.

<a href="https://www.moneycontrol.com/india/stockpricequote/steel-mediumsmall/lloydsengineeringworks/LSI02" target="_blank">Lloyds Engineering Works</a>

The company has entered into a Memorandum of Understanding (MoU) with FlyFocus Sp. z o. o. to jointly develop and manufacture the Defender SIGINT UAV, a next-generation unmanned aerial platform for signals intelligence (SIGINT) and electronic surveillance applications.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/ntpcgreenenergy/NGE" target="_blank">NTPC Green Energy</a>

The company's subsidiary, NTPC Renewable Energy, has signed an MoU with the Gujarat Government for the development of solar parks and projects with a cumulative capacity of 10 GW and wind projects of 5 GW in the state.

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-services/railtelcorporationindia/RCo01" target="_blank">RailTel Corporation of India</a>

The company has received a Letter of Intent (LoI) from CEG - Centre for e-Governance, Karnataka, for an order worth Rs 18.22 crore. The order involves procurement of back-to-back OEM support for existing KSWAN 2.0 routers and switches.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/capriglobalcapital/MMF05" target="_blank">Capri Global Capital</a>

The diversified NBFC has appointed Monu Ratra as its Chief Executive Officer (CEO).

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-carsjeeps/mahindramahindra/MM" target="_blank">Mahindra and Mahindra</a>

The automobile company announced production of 99,758 units in September, a 24.4% increase from 80,179 units in the same month last year. Sales during the same period rose 13.9% to 97,744 units from 85,800 units. Exports surged 44% to 4,458 units compared to 3,094 units a year ago.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/natcopharma/NP07" target="_blank">Natco Pharma</a>

The Commercial Appellate Division of the Delhi High Court has dismissed an appeal filed by Swiss pharmaceutical company F. Hoffmann-La Roche AG, paving the way for Natco to launch a generic version of the drug ‘Risdiplam’, used in the treatment of the debilitating disease Spinal Muscular Atrophy.

Natco has decided to launch the product with immediate effect at an MRP of Rs 15,900.

<a href="https://www.moneycontrol.com/india/stockpricequote/consumer-goods-electronic/mircelectronics/ME" target="_blank">MIRC Electronics</a>

Authum Investment &amp; Infrastructure now holds 21.25% (including a pre-holding of 0.07%) of equity shares in MIRC Electronics, with a total investment of Rs 131.62 crore. This is in lieu of the preferential allotment of 7.83 crore equity shares at Rs 16.81 per share.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering/techeraengineeringindia/TEIL" target="_blank">TechEra Engineering</a>

Ace investor Ashish Kacholia acquired 2 lakh shares, and his investment firm picked up an additional 1,12,800 shares in TechEra Engineering at Rs 247.1 per share, totaling a 1.89% stake worth Rs 7.72 crore.

However, non-institutional investors: Vishal Mahesh Waghela sold 3.28 lakh shares (1.98% stake) at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09% stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11% and 5.31%, respectively.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/tarmat/RT06" target="_blank">Tarmat</a>

Arton Global acquired 4.7 lakh shares (1.95% stake) in Tarmat at Rs 52.86 per share, valued at approximately Rs 2.5 crore.

However: Aegis Investment Fund exited the company by selling its entire 2,51,843 shares (1.05% stake) at Rs 53 per share, and Dove Soft sold 2 lakh shares at Rs 52.7 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/pumps/dynamatictechnologies/DT05" target="_blank">Dynamatic Technologies</a>

Samena Special Situations Mauritius III sold 72,000 shares (1.06% stake) in Dynamatic Technologies at Rs 6,800.65 per share, totaling Rs 48.96 crore.
As of June 2025, Samena held a 4.8% stake in the company.

Mainboard Listing

WeWork India Management

SME Listing

NSB BPO Solutions

Stocks Trade Ex-Dividend

Hexaware Technologies
Rashtriya Chemicals and Fertilizers
Sacheta Metals

Stocks Trade Ex-Bonus

Valiant Communications
Harshil Agrotech
Narmada Macplast Drip Irrigation Systems
Purity Flexpack
Ujaas Energy

Stock Trades Ex-Date for Split

AGI Infra

Stocks Trade Ex-Date for Rights

Capital Trust
Magnus Steel and Infra

Stock in F&amp;O ban

RBL Bank

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: TCS, Tata Elxsi, Natco Pharma, WeWork, Afcons Infra, Lloyds Engineering, NTPC Green Energy, 5Paisa Capital in focus on 10 October

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

Results Today

Elecon Engineering Company, Indosolar, Waaree Renewable Technologies, Yash Highvoltage, GK Energy, Hathway Bhawani Cabletel &amp;amp; Datacom, AAA Technologies, Affordable Robotic &amp;amp; Automation, Evoq Remedies, Intense Technologies, Oswal Overseas, and Pro Fin Capital Services will release their quarterly earnings on October 10.

Results on October 11

Avenue Supermarts, and Euro Pratik Sales will announce their quarterly results on October 11.

Quarterly Earnings

Tata Consultancy Services-TCS Q2 (Consolidated YoY)

Profit grows 8.4% to Rs 12,904 crore Vs Rs 11,909 crore

Revenue increases 2.4% to Rs 65,799 crore Vs Rs 64,259 crore

EBIT soars 7.1% to Rs 16,565 crore Vs Rs 15,465 crore

EBIT margin expands to 25.17 Vs 24.06%

Total contract value at $10 billion

Company acquires 100% stake in ListEngage, a leading Salesforce Summit partner

New business entity to build world class AI infrastructure - 1 GW capacity AI datacenter in India

Tata Elxsi Q2 (YoY)

Profit tanks 32.5% to Rs 154.8 crore Vs Rs 229.4 crore

Revenue falls 3.9% to Rs 918.1 crore Vs Rs 955.1 crore

Other income drops 24% to Rs 48.8 crore Vs Rs 64.3 crore

5Paisa Capital Q2 (Consolidated YoY)

Profit plunges 56.7% to Rs 9.5 crore Vs Rs 21.9 crore

Revenue drops 23.4% to Rs 77.2 crore Vs Rs 100.8 crore

Monthly Business Update

ICICI Prudential Life Insurance Company (September MoM)

New business premium falls 0.84% to Rs 1,761 crore Vs Rs 1,776 crore

Annualised premium equivalent (APE) soars 20.6% to Rs 871 crore Vs Rs 722 crore

Retail APE zooms 25% to Rs 739 crore Vs Rs 591 crore

Stocks to Watch

Afcons Infrastructure

The company has received an order worth Rs 576 crore for civil and allied infrastructure works.

Lloyds Engineering Works

The company has entered into a Memorandum of Understanding (MoU) with FlyFocus Sp. z o. o. to jointly develop and manufacture the Defender SIGINT UAV, a next-generation unmanned aerial platform for signals intelligence (SIGINT) and electronic surveillance applications.

NTPC Green Energy

The company's subsidiary, NTPC Renewable Energy, has signed an MoU with the Gujarat Government for the development of solar parks and projects with a cumulative capacity of 10 GW and wind projects of 5 GW in the state.

RailTel Corporation of India

The company has received a Letter of Intent (LoI) from CEG - Centre for e-Governance, Karnataka, for an order worth Rs 18.22 crore. The order involves procurement of back-to-back OEM support for existing KSWAN 2.0 routers and switches.

Capri Global Capital

The diversified NBFC has appointed Monu Ratra as its Chief Executive Officer (CEO).

Mahindra and Mahindra

The automobile company announced production of 99,758 units in September, a 24.4% increase from 80,179 units in the same month last year. Sales during the same period rose 13.9% to 97,744 units from 85,800 units. Exports surged 44% to 4,458 units compared to 3,094 units a year ago.

Natco Pharma

The Commercial Appellate Division of the Delhi High Court has dismissed an appeal filed by Swiss pharmaceutical company F. Hoffmann-La Roche AG, paving the way for Natco to launch a generic version of the drug ‘Risdiplam’, used in the treatment of the debilitating disease Spinal Muscular Atrophy.

Natco has decided to launch the product with immediate effect at an MRP of Rs 15,900.

MIRC Electronics

Authum Investment &amp;amp; Infrastructure now holds 21.25% (including a pre-holding of 0.07%) of equity shares in MIRC Electronics, with a total investment of Rs 131.62 crore. This is in lieu of the preferential allotment of 7.83 crore equity shares at Rs 16.81 per share.

Bulk Deals

TechEra Engineering

Ace investor Ashish Kacholia acquired 2 lakh shares, and his investment firm picked up an additional 1,12,800 shares in TechEra Engineering at Rs 247.1 per share, totaling a 1.89% stake worth Rs 7.72 crore.

However, non-institutional investors: Vishal Mahesh Waghela sold 3.28 lakh shares (1.98% stake) at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09% stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11% and 5.31%, respectively.

Tarmat

Arton Global acquired 4.7 lakh shares (1.95% stake) in Tarmat at Rs 52.86 per share, valued at approximately Rs 2.5 crore.

However: Aegis Investment Fund exited the company by selling its entire 2,51,843 shares (1.05% stake) at Rs 53 per share, and Dove Soft sold 2 lakh shares at Rs 52.7 per share.

Dynamatic Technologies

Samena Special Situations Mauritius III sold 72,000 shares (1.06% stake) in Dynamatic Technologies at Rs 6,800.65 per share, totaling Rs 48.96 crore.
As of June 2025, Samena held a 4.8% stake in the company.

Mainboard Listing

WeWork India Management

SME Listing

NSB BPO Solutions

Stocks Trade Ex-Dividend

Hexaware Technologies
Rashtriya Chemicals and Fertilizers
Sacheta Metals

Stocks Trade Ex-Bonus

Valiant Communications
Harshil Agrotech
Narmada Macplast Drip Irrigation Systems
Purity Flexpack
Ujaas Energy

Stock Trades Ex-Date for Split

AGI Infra

Stocks Trade Ex-Date for Rights

Capital Trust
Magnus Steel and Infra

Stock in F&amp;amp;O ban

RBL Bank

Ashish Kacholia, and his investment firm Bengal Finance have acquired 1.89 percent equity stake in TechEra Engineering that provides precision engineered solutions for the aerospace and automation industries, via open market transactions on October 9.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering/techeraengineeringindia/TEIL">TechEra Engineering (India)</a> shares were locked in 5 percent upper circuit at Rs 260.55, trading well above all key moving averages and the midline of Bollinger bands. The stock has been witnessing buying interest since the start of this week.

Ace investor Ashish Kacholia acquired 2 lakh shares and his investment firm picked 1,12,800 shares in TechEra at Rs 247.1 per share, which in total was 1.89 percent stake worth Rs 7.72 crore.

However, non-institutional investors - Vishal Mahesh Waghela sold 3.28 lakh shares (1.98 percent stake) in TechEra at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09 percent stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11 percent, and 5.31 percent, respectively.

Meanwhile, the action was also seen in <a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/tarmat/RT06">Tarmat</a> that clocked 6.8 percent rally to close at Rs 55.41 with above-average volumes. The stock climbed above the upper Bollinger band.

Arton Global acquired 4.7 lakh shares (1.95 percent stake) in Tarmat that constructs highways and runways at Rs 52.86 per share, valued at Rs 2.5 crore. However, Aegis Investment Fund exited the company by selling its entire 2,51,843 shares (1.05 percent stake) at Rs 53 per share, and Dove Soft sold 2 lakh shares at Rs 52.7 per share.

Samena Special Situations Mauritius III sold 72,000 shares (1.06 percent stake) in <a href="https://www.moneycontrol.com/india/stockpricequote/pumps/dynamatictechnologies/DT05">Dynamatic Technologies</a>, hydraulic gear pumps and automotive turbochargers manufacturer, at Rs 6,800.65 per share, for Rs 48.96 crore. As of June 2025, Samena held 4.8 percent stake in the company.

However, Dynamatic shares recorded 12.19 percent rally to Rs 7,673 with significant volumes, trading well above the upper Bollinger band with long bullish candle on the daily charts.

Ashish Kacholia, Bengal Finance acquire 1.9% stake in TechEra Engineering

Ashish Kacholia, and his investment firm Bengal Finance have acquired 1.89 percent equity stake in TechEra Engineering that provides precision engineered solutions for the aerospace and automation industries, via open market transactions on October 9.

TechEra Engineering (India) shares were locked in 5 percent upper circuit at Rs 260.55, trading well above all key moving averages and the midline of Bollinger bands. The stock has been witnessing buying interest since the start of this week.

Ace investor Ashish Kacholia acquired 2 lakh shares and his investment firm picked 1,12,800 shares in TechEra at Rs 247.1 per share, which in total was 1.89 percent stake worth Rs 7.72 crore.

However, non-institutional investors - Vishal Mahesh Waghela sold 3.28 lakh shares (1.98 percent stake) in TechEra at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09 percent stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11 percent, and 5.31 percent, respectively.

Meanwhile, the action was also seen in Tarmat that clocked 6.8 percent rally to close at Rs 55.41 with above-average volumes. The stock climbed above the upper Bollinger band.

Arton Global acquired 4.7 lakh shares (1.95 percent stake) in Tarmat that constructs highways and runways at Rs 52.86 per share, valued at Rs 2.5 crore. However, Aegis Investment Fund exited the company by selling its entire 2,51,843 shares (1.05 percent stake) at Rs 53 per share, and Dove Soft sold 2 lakh shares at Rs 52.7 per share.

Samena Special Situations Mauritius III sold 72,000 shares (1.06 percent stake) in Dynamatic Technologies, hydraulic gear pumps and automotive turbochargers manufacturer, at Rs 6,800.65 per share, for Rs 48.96 crore. As of June 2025, Samena held 4.8 percent stake in the company.

However, Dynamatic shares recorded 12.19 percent rally to Rs 7,673 with significant volumes, trading well above the upper Bollinger band with long bullish candle on the daily charts.

The shares of Gujarat Mineral Development Corporation (GMDC) shares jumped more than 7 percent on October 9. This comes after <a href="https://www.moneycontrol.com/news/business/economy/india-readies-rs-7-300-cr-incentive-scheme-for-rare-earth-magnet-production-13605650.html">Moneycontrol</a> reported that the Indian government is working on a first of its kind scheme worth Rs 7,300 crore for setting up rare earth magnet processing units and supply chains in the country.

The shares of the company were trading at Rs 631.40 apiece, as seen at 3.10 pm.

About govt's Rs 7,300 crore scheme:

The Finance Ministry's expenditure finance committee (EFC) has approved the scheme, according to government officials familiar with the development. It will soon be placed before the Union Cabinet headed by Prime Minister Narendra Modi. The proposal has earmarked Rs 6,500 crore for capital expenditure and Rs 800 crore for operational expenditure.

This comes as the government aims to reduce dependence on China after the world’s dominant supplier imposed export restrictions in April this year on seven rare earth elements and finished magnets. Under the revised rules, Chinese exporters must secure licences and submit end-use declarations confirming materials won’t be used in defence or re-exported to the US.

China to add more rare earth elements to export control list:

Notably, China on Thursday said that it will add several new rare earth elements to its export control list. The elements holmium, erbium, thulium, europium and ytterbium and related materials would be added to the existing control list, the ministry of commerce said in a statement.

GMDC share price history:

<a href="https://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMD">GMDC</a> shares gained more than 1 percent in the past five days, and nearly 20 percent in the past one month. The stock has more than doubled in the past six months rallying nearly 134 percent. The stock is so far up around 94 percent in 2025 so far.

The stock’s P/E ratio currently stands at around 28. It sees heavy trading volumes today, with nearly 131 lakh shares already being traded during the day. This is nearly two times that of its 10-day average volumes.

(With inputs from Reuters)

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-09-10-2025-liveblog-13605451.html">Our LIVE blog on stock market updates</a>

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.

GMDC shares jump 7% as India prepares Rs 7,300-crore incentive scheme for rare earth magnet production

The shares of Gujarat Mineral Development Corporation (GMDC) shares jumped more than 7 percent on October 9. This comes after Moneycontrol reported that the Indian government is working on a first of its kind scheme worth Rs 7,300 crore for setting up rare earth magnet processing units and supply chains in the country.

The shares of the company were trading at Rs 631.40 apiece, as seen at 3.10 pm.

About govt's Rs 7,300 crore scheme:

The Finance Ministry's expenditure finance committee (EFC) has approved the scheme, according to government officials familiar with the development. It will soon be placed before the Union Cabinet headed by Prime Minister Narendra Modi. The proposal has earmarked Rs 6,500 crore for capital expenditure and Rs 800 crore for operational expenditure.

This comes as the government aims to reduce dependence on China after the world’s dominant supplier imposed export restrictions in April this year on seven rare earth elements and finished magnets. Under the revised rules, Chinese exporters must secure licences and submit end-use declarations confirming materials won’t be used in defence or re-exported to the US.

China to add more rare earth elements to export control list:

Notably, China on Thursday said that it will add several new rare earth elements to its export control list. The elements holmium, erbium, thulium, europium and ytterbium and related materials would be added to the existing control list, the ministry of commerce said in a statement.

GMDC share price history:

GMDC shares gained more than 1 percent in the past five days, and nearly 20 percent in the past one month. The stock has more than doubled in the past six months rallying nearly 134 percent. The stock is so far up around 94 percent in 2025 so far.

The stock’s P/E ratio currently stands at around 28. It sees heavy trading volumes today, with nearly 131 lakh shares already being traded during the day. This is nearly two times that of its 10-day average volumes.

(With inputs from Reuters)

Also read: Our LIVE blog on stock market updates

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 Multi Commodity Exchange (<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/multicommodityexchangeindia/MCE">MCX</a>) and Hindustan Zinc jumped in trade on October 9, tracking the optimism around silver's recent bull run. Domestic prices of silver continued to extend rally, while futures fell on profit booking at elevated levels.

MCX shares jumped nearly 7 percent to trade at Rs 8,748.50 apiece, emerging as one of the top gainers on the Nifty Capital Markets index, which was up more than 2 percent. <a href="https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustanzinc/HZ">Hindustan Zinc</a>, which is the largest producer of silver in India, meanwhile saw its shares jump nearly 5 percent on Thursday.

Silver prices:

Silver prices saw some volatility on October 9 as investors may have resorted to profit booking at elevated levels. While domestic prices increased, silver futures dropped in trade. Silver futures with December expiry on the Multi Commodity Exchange (MCX) dropped more than 0.6 percent to Rs 1,48,945 per kilogram, as seen at 1.30 pm. This comes a day after the contracts hit fresh all time highs.

Silver futures with March and May expiry were also down around 0.5 percent and 0.4 percent respectively. The contracts with July and September expiry however gained up to 1 percent to hit fresh lifetime highs of Rs 1,55,546 per kg and Rs 1,56,793 per kg respectively.

What analysts say?

"We believe strong investment demand, large silver supply deficit and Fed cuts may continue to support silver prices over the medium to long term for a three to five-year horizon. Silver may outperform gold in the medium term with favorable gold/silver ratio, recovery in developed economies, strong industrial demand especially from China, and global supply deficit projections," reads Tata Mutual Fund Silver Outlook (October 2025) report.

"Rising investment and industrial demand along with recovery expectations in China is positively influencing silver price," it explained.

Stock price history:

MCX shares have gained nearly 9 percent in the past five days, and over 14 percent in the past one month. The stock has rallied nearly 67 percent in the past six months.

Hindustan Zinc shares meanwhile gained nearly 6 percent in the past five days, and over 17 percent in the past one month. The stock jumped 27 percent in the past six months, and is up over 14 percent in 2025 so far. The Vedanta Group company’s P/E ratio currently stands at around 20.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-09-10-2025-liveblog-13605451.html">Our LIVE blog on stock market updates</a>

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.

MCX, Hindustan Zinc shares jump up to 7% as silver futures top Rs 1.56 lakh per kg

The shares of Multi Commodity Exchange (MCX) and Hindustan Zinc jumped in trade on October 9, tracking the optimism around silver's recent bull run. Domestic prices of silver continued to extend rally, while futures fell on profit booking at elevated levels.

MCX shares jumped nearly 7 percent to trade at Rs 8,748.50 apiece, emerging as one of the top gainers on the Nifty Capital Markets index, which was up more than 2 percent. Hindustan Zinc, which is the largest producer of silver in India, meanwhile saw its shares jump nearly 5 percent on Thursday.

Silver prices:

Silver prices saw some volatility on October 9 as investors may have resorted to profit booking at elevated levels. While domestic prices increased, silver futures dropped in trade. Silver futures with December expiry on the Multi Commodity Exchange (MCX) dropped more than 0.6 percent to Rs 1,48,945 per kilogram, as seen at 1.30 pm. This comes a day after the contracts hit fresh all time highs.

Silver futures with March and May expiry were also down around 0.5 percent and 0.4 percent respectively. The contracts with July and September expiry however gained up to 1 percent to hit fresh lifetime highs of Rs 1,55,546 per kg and Rs 1,56,793 per kg respectively.

What analysts say?

&quot;We believe strong investment demand, large silver supply deficit and Fed cuts may continue to support silver prices over the medium to long term for a three to five-year horizon. Silver may outperform gold in the medium term with favorable gold/silver ratio, recovery in developed economies, strong industrial demand especially from China, and global supply deficit projections,&quot; reads Tata Mutual Fund Silver Outlook (October 2025) report.

&quot;Rising investment and industrial demand along with recovery expectations in China is positively influencing silver price,&quot; it explained.

Stock price history:

MCX shares have gained nearly 9 percent in the past five days, and over 14 percent in the past one month. The stock has rallied nearly 67 percent in the past six months.

Hindustan Zinc shares meanwhile gained nearly 6 percent in the past five days, and over 17 percent in the past one month. The stock jumped 27 percent in the past six months, and is up over 14 percent in 2025 so far. The Vedanta Group company’s P/E ratio currently stands at around 20.

Also read: Our LIVE blog on stock market updates

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.

Shares of Tata group companies have shed more than Rs 7 lakh crore in market value over the past year, a 21 percent decline that has lagged the benchmark indices, in a period marked by the passing of its longtime patriarch, Ratan Tata.

While this period coincided with the death of Ratan Tata on 9 October 2024 at the age of 86, experts said that the group stocks' market slide is unrelated to his absence.

The period has been shaped by global macroeconomic turbulence, soft demand, and individual company challenges across multiple sectors. The decline in the market value of Tata group companies is in line with broader market trends. While benchmark indices Sensex and Nifty gained 0.8 percent, BSE MidCap and SmallCap indices fell 4.7 percent and 5.5 percent, respectively.

The combined market capitalisation of the group’s 23 listed firms fell to Rs 26.39 lakh crore from Rs 33.57 lakh crore a year ago.

The steepest declines came from Tejas Networks, down more than 50 percent, followed by Trent, which dropped 44 percent, and Tata Technologies, off 33 percent. TCS fell 29 percent, while Tata Elxsi and Tata Motors each slipped 28 percent. Oriental Hotels and TRF fell 24 percent, Voltas and Tata Chemicals declined 23 percent and 18 percent respectively, and Tata Power slipped 16 percent. Tata Communications and Nelco each lost 13 percent.

A few group stocks bucked the trend. Tata Consumer Products rose 0.2 percent, Titan Co gained 2 percent, Indian Hotels 5 percent, and Tata Steel 8 percent. Tata Investment Corp stood out with a 40 percent increase, while Benares Hotels gained 14 percent.

<img class="alignnone size-full wp-image-13606565" src="https://images.moneycontrol.com/static-mcnews/2025/10/20251009075730_tata-group.jpg" alt="tata group" width="1944" height="3909" />

Experts note that the performance of each stock reflects unique company-level factors. TCS, for instance, has been weighed down by a slowdown across the IT sector, compounded by headwinds from US trade developments. Earnings growth for large-cap IT companies is now projected at just 3-4 percent for FY26, prompting a significant correction after years of robust post-Covid growth.

Tata Technologies, another IT-related entity, initially saw strong gains post-listing but later corrected along with sector peers. Recent commentary suggests earnings growth is likely to recover, offering some optimism for the stock.

Tata Motors, meanwhile, faced challenges in its JLR business due to prolonged trade negotiations between the US and Europe, which restricted vehicle imports, and a recent cyberattack at the UK plant. Given that JLR contributes around 80 percent to Tata Motors’ top and bottom lines, these disruptions have sharply affected the stock.

On the consumption front, Tata Consumer Products has seen margin pressures, particularly in its tea business, amid rising input costs. Nevertheless, the company has delivered a reasonable return relative to the broader FMCG sector, which has remained largely flat over the past year.

Tata Steel has fared better, benefiting from a 10 percent safeguard duty imposed by the government, which boosted realisations in the June quarter and is expected to continue in the September quarter.

Tata group shares face Rs 7 lakh crore market value hit in year marked by Ratan Tata’s passing

Shares of Tata group companies have shed more than Rs 7 lakh crore in market value over the past year, a 21 percent decline that has lagged the benchmark indices, in a period marked by the passing of its longtime patriarch, Ratan Tata.

While this period coincided with the death of Ratan Tata on 9 October 2024 at the age of 86, experts said that the group stocks' market slide is unrelated to his absence.

The period has been shaped by global macroeconomic turbulence, soft demand, and individual company challenges across multiple sectors. The decline in the market value of Tata group companies is in line with broader market trends. While benchmark indices Sensex and Nifty gained 0.8 percent, BSE MidCap and SmallCap indices fell 4.7 percent and 5.5 percent, respectively.

The combined market capitalisation of the group’s 23 listed firms fell to Rs 26.39 lakh crore from Rs 33.57 lakh crore a year ago.

The steepest declines came from Tejas Networks, down more than 50 percent, followed by Trent, which dropped 44 percent, and Tata Technologies, off 33 percent. TCS fell 29 percent, while Tata Elxsi and Tata Motors each slipped 28 percent. Oriental Hotels and TRF fell 24 percent, Voltas and Tata Chemicals declined 23 percent and 18 percent respectively, and Tata Power slipped 16 percent. Tata Communications and Nelco each lost 13 percent.

A few group stocks bucked the trend. Tata Consumer Products rose 0.2 percent, Titan Co gained 2 percent, Indian Hotels 5 percent, and Tata Steel 8 percent. Tata Investment Corp stood out with a 40 percent increase, while Benares Hotels gained 14 percent.



Experts note that the performance of each stock reflects unique company-level factors. TCS, for instance, has been weighed down by a slowdown across the IT sector, compounded by headwinds from US trade developments. Earnings growth for large-cap IT companies is now projected at just 3-4 percent for FY26, prompting a significant correction after years of robust post-Covid growth.

Tata Technologies, another IT-related entity, initially saw strong gains post-listing but later corrected along with sector peers. Recent commentary suggests earnings growth is likely to recover, offering some optimism for the stock.

Tata Motors, meanwhile, faced challenges in its JLR business due to prolonged trade negotiations between the US and Europe, which restricted vehicle imports, and a recent cyberattack at the UK plant. Given that JLR contributes around 80 percent to Tata Motors’ top and bottom lines, these disruptions have sharply affected the stock.

On the consumption front, Tata Consumer Products has seen margin pressures, particularly in its tea business, amid rising input costs. Nevertheless, the company has delivered a reasonable return relative to the broader FMCG sector, which has remained largely flat over the past year.

Tata Steel has fared better, benefiting from a 10 percent safeguard duty imposed by the government, which boosted realisations in the June quarter and is expected to continue in the September quarter.

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