🇮🇳 India Daybook ~ Stocks in News
Published: 2026-02-03 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- US-India Trade Deal: President Donald Trump has announced a reduction in reciprocal tariffs on Indian exports from 25% to 18%, effective immediately. In exchange, India will move toward zero tariffs and non-tariff barriers for US goods. This is expected to trigger a massive rally in IT, Textiles, and Pharma sectors.
- Sundaram Finance: The company reported a strong set of Q3 FY26 results with an 18.85% YoY rise in net profit to ₹5.41 billion. The board also declared an interim dividend of ₹16 per share (160%).
- Bajaj Housing Finance: Reported a 21.4% YoY jump in Q3 net profit to ₹665 crore. Net Interest Income (NII) grew 19% to ₹964 crore, reflecting robust demand in the housing finance segment.
- Hero MotoCorp: The two-wheeler major reported a 26% YoY surge in January 2026 sales, totaling 5,57,871 units compared to 4,42,873 units in the previous year.
- Latent View Analytics: The company posted a 19.69% increase in consolidated profit after tax to ₹50.14 crore for Q3, while revenue from operations surged 22% to ₹278 crore.
- Ather Energy: Reported a narrowing net loss to ₹85 crore for the December quarter, supported by rising revenues as the EV maker scales operations.
Neutral Developments
- Bharti Airtel: The telecom giant is among the major firms scheduled to report its Q3 earnings today. Investors are closely monitoring ARPU (Average Revenue Per User) trends and 5G capital expenditure.
- Ex-Dividend Stocks: Several stocks will trade ex-dividend today, including Cochin Shipyard (₹3.50), Garden Reach Shipbuilders & Engineers (₹7.15), GPT Infraprojects (₹0.75), and Vaibhav Global (₹1.50).
- Other Q3 Earnings Today: Over 70 companies are set to report results, including Indus Towers, PB Fintech (Policybazaar), UPL, Thermax, Honeywell Automation, Tata Chemicals, and RailTel.
Negative News
- Hyundai Motor India: Despite reporting a 6.3% increase in Q3 net profit to ₹1,234.4 crore, the company flagged a significant regulatory risk. It warned that unquantified and unprovided costs under the new End-of-Life Vehicle (ELV) Scrappage Policy could represent a major future liability.
- FII & DII Activity: Provisional data shows that both Foreign Portfolio Investors (FPIs) and Domestic Institutional Investors (DIIs) were net sellers in the previous session, offloading shares worth ₹588 crore and ₹682 crore, respectively.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex