🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Engineers India: The company reported a stellar Q3FY26 performance with consolidated net profit surging 219% YoY to ₹347 crore. Revenue from operations also grew by 58.3% to ₹1,210 crore.
• Honasa Consumer (Mamaearth): Reported a 92.9% YoY jump in consolidated net profit to ₹50 crore for the December quarter, driven by a 16.2% rise in revenue.
• IRCTC: Posted a 15.5% YoY increase in net profit to ₹395 crore. The board has also approved a second interim dividend of ₹3.50 per share with a record date of February 20, 2026.
• RailTel: The company secured a major order worth ₹454.95 crore for the implementation of the 'Kavach' train protection system in the West Central Railway.
• Bharat Electronics (BEL): The defense major has approved a 50:50 joint venture with Safran for the HAMMER weapon system project, strengthening its indigenization portfolio.
• Religare Enterprises: Announced a demerger of its business segments to unlock value for shareholders and streamline corporate structure.
• Bajaj Finance: Technically well-positioned after reclaiming key moving averages; analysts suggest a bullish recovery setup with a target of ₹1,100.

Neutral Developments

• Ola Electric: Reported a narrowed net loss of ₹487 crore for Q3FY26, compared to a loss of ₹564 crore in the same period last year.
• Fortis Healthcare: While revenue from operations grew 17.5% YoY to ₹2,265 crore, the consolidated net profit saw a decline of 21.8% to ₹193.7 crore.
• PTC India: Net profit for the quarter fell 25% YoY to ₹82.70 crore; however, the company declared an interim dividend of ₹3 per share.
• KKR: Co-founder Henry Kravis indicated that the investment giant could deploy up to $20 billion in India over the next decade, with a specific focus on private credit and infrastructure.

Negative News

• Market Sentiment: GIFT Nifty is trading nearly 90 points lower, indicating a gap-down start. This follows Friday's crash where the Sensex plunged 1,048 points and Nifty slipped below the 25,500 mark.
• Easy Trip Planners: The company witnessed a sharp decline in Q3 net profit, which plummeted to ₹5.8 crore from ₹33.63 crore a year ago.
• GMR Airports: Reported a 14% YoY decline in Q3 consolidated net profit to ₹174 crore.
• IT Sector: Continues to face pressure following a global tech rout and concerns over AI-led disruptions affecting traditional service models.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex