🇮🇳 India Daybook ~ Stocks in News
Published: 2026-02-04 08:15 IST | Category: Markets | Author: Abhi
Positive Buzz
- Adani Group Stocks: The conglomerate remains in the spotlight as Adani Ports reported a 21% YoY jump in net profit to ₹3,054 crore, while Adani Enterprises saw a massive profit surge to ₹5,627 crore (aided by a one-time gain). Additionally, Adani Defence & Aerospace signed an MoU with Leonardo Helicopters to establish a manufacturing ecosystem in India.
- Reliance Industries: The company’s subsidiary, Reliance Strategic Business Ventures, acquired a 50.1% stake in Sikhya Entertainment for ₹150 crore, strengthening its Jio Studios content portfolio.
- Varun Beverages: The company reported a robust 33% YoY growth in net profit at ₹260 crore for the December quarter, driven by strong volume growth.
- NBCC (India): The state-owned construction firm secured multiple new work orders worth approximately ₹271.32 crore for various infrastructure projects across India.
- Mobikwik: Shares surged after the company turned profitable, reporting a net profit of ₹4 crore for Q3 FY26 compared to a loss of ₹55 crore in the previous year.
- Alphabet (Google): Though not a domestic stock, reports of its massive 2.4 million sq. ft. office expansion in Bengaluru are expected to boost sentiment for the Indian tech and commercial real estate sectors.
- Ather Energy: The EV maker saw its shares spike after reporting a narrowed Q3 loss of ₹85 crore, supported by a significant rise in sales volumes.
- Vikran Engineering: The company incorporated a new subsidiary to execute a ₹459.20 crore solar project awarded by NTPC Renewable Energy.
Neutral Developments
- RBI Monetary Policy Committee: The three-day MPC meeting begins today, February 4. While a status quo on rates is widely expected, the market will closely monitor the commentary for future guidance.
- Earnings Today: High-profile companies including Trent, Tata Power, and Bajaj Finserv are scheduled to report their Q3 FY26 results today.
- REC Ltd: The company officially clarified that recent media reports regarding a proposed merger with PFC are not based on any factual information.
- Shipping Corporation of India (SCI): The company signed a memorandum with CONCOR and JNPA to jointly operate container vessels, aiming to streamline end-to-end logistics.
- Canara Bank: The lender successfully redeemed its Basel III AT1 bonds worth ₹120 crore, ensuring stable capital adequacy levels.
Negative News
- Bajaj Finance: The shadow lender reported a 6% YoY decline in consolidated net profit to ₹4,066 crore, as higher credit costs and margin pressure weighed on its bottom line.
- Signature Global: The real estate player reported a consolidated net loss of ₹45.33 crore for Q3 FY26, a sharp reversal from the profit recorded in the same period last year.
- FMCG Sector: The BSE FMCG index hit a 52-week low as heavyweights like HUL, ITC, and Godrej Consumer faced selling pressure due to persistent rural demand concerns and new tax implications on tobacco.
- Zydus Wellness: The company’s net loss widened to ₹40 crore for the quarter, even as revenue saw a significant uptick.
- DAM Capital Advisors: Reported a sharp 61.5% drop in net profit to ₹20.1 crore for the December quarter.
- Shriram Finance: The company informed exchanges that it has received a GST penalty order from the tax department amounting to approximately ₹46.9 lakh for FY 2022-23.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex