FOMO To FMA -Global Silence, Institutional Storm - Dalal Street Faces FII Heat, DII Support.

Global Market Futures (as of 06:40 AM IST)
US Market (Futures)

• Nasdaq: +0.11%
• Dow Jones: +0.14%
• S&P 500: +0.16%

European (Futures)

• Ftse 100: +0.03%
• Cac 40: -0.35%
• Dax : +0.00%

Asian (Live Markets)

• NIKKIE 225: +0.05%
• ASX 200: +0.05%

Gift Nifty:  25479.50 (-0.26%)
Note: United States, Canada, South Korea, China & Brazil Markets are observing a Trading Holiday today.

FII and DII Trading Activity February 13, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹7,395.41 crores
DIIs: Net Buy of ₹5,553.96 crores

Key Corporate Earnings:

Ola Electric Mobility Q3 (Consolidated YoY:
Ola Electric Mobility reported a narrower consolidated loss of Rs 487 crore compared to Rs 564 crore last year. However, revenue declined sharply by 55% year-on-year to Rs 470 crore from Rs 1,045 crore, reflecting significant pressure on topline performance despite reduced losses.
Precision Wires India Q3 (Standalone YoY):
Precision Wires India posted a strong standalone performance, with profit surging 98.9% to Rs 37.7 crore from Rs 18.95 crore. Revenue also rose 37.2% year-on-year to Rs 1,347.6 crore compared to Rs 982.3 crore, driven by robust operational growth.
Azad Engineering Q3 (Consolidated YoY):
Azad Engineering delivered solid consolidated results, with profit climbing 44.3% to Rs 34.5 crore from Rs 23.9 crore. Revenue increased 31.7% year-on-year to Rs 158.7 crore versus Rs 120.5 crore, indicating steady business expansion.
Fortis Healthcare Q3 (Consolidated YoY):
Fortis Healthcare reported a 21.9% decline in consolidated profit to Rs 193.7 crore from Rs 247.9 crore. Revenue rose 17.5% to Rs 2,265 crore from Rs 1,928.3 crore, while other income fell sharply and an exceptional loss of Rs 45.91 crore weighed on earnings.


Key Corporate Updates:

Positive:

• Manappuram Finance Ltd: Bain Capital has committed to invest ~₹43.85 bln to acquire an 18% stake in Manappuram Finance on a fully diluted basis; RBI has granted approval for Bain Capital to acquire joint control in Manappuram Finance, supporting the transaction’s regulatory clearance and governance framework.
• Natco Pharma: Company has received India’s drug regulatory approval to manufacture and market Semaglutide, enabling entry into a key anti-diabetic/weight-management molecule segment.
• Aurobindo Pharma: US FDA has approved Adquey for atopic dermatitis, adding to product approvals and supporting US market opportunity.
• Fortis Healthcare: Dec-Qtr consolidated revenue from operations reported at ₹22.65 bln; Dec-Qtr consolidated net profit reported at ₹1.97 bln, indicating strong quarterly profitability.
• Narayana Hrudayalaya: Dec-Qtr consolidated revenue from operations at ₹21.51 bln; Dec-Qtr consolidated net profit at ₹1.27 bln, reflecting steady earnings delivery.
• National Fertilizers: Dec-Qtr consolidated revenue from operations at ₹68.7 bln and consolidated profit of ₹1.35 bln; board approved setting up of a Bentonite Sulphur plant at a cost of ₹1.04 bln, indicating capex to strengthen product portfolio/capacity.
• Gujarat Mineral Development Corporation (GMDC): Dec-Qtr consolidated revenue from operations at ₹5.79 bln; Dec-Qtr consolidated profit at ₹1.33 bln, supporting earnings momentum.
• GMR Airports: Dec-Qtr total income reported at ₹12.55 bln; Dec-Qtr PAT at ₹504.6 mln, indicating profitability for the quarter.
• Galaxy Surfactants: Dec-Qtr consolidated revenue from operations at ₹13.29 bln; Dec-Qtr consolidated PAT at ₹589.7 mln, indicating healthy quarterly performance.
• Southern Petrochemical Industries Corporation (SPIC): Dec-Qtr consolidated revenue from operations at ₹7.74 bln; Dec-Qtr consolidated net PAT at ₹540.7 mln, supporting improved earnings profile.
• KFin Technologies: Dec-Qtr consolidated revenue from operations at ₹3.71 bln; Dec-Qtr consolidated profit at ₹919.9 mln; company also announced investment of up to ₹20 mln in Sahamati Foundation, indicating strategic ecosystem participation.
• CRISIL Ltd: Declared dividend of ₹28/share; Dec-Qtr consolidated revenue from operations at ₹10.82 bln; Dec-Qtr consolidated net profit at ₹2.42 bln, reflecting strong quarter and shareholder payout.
• EPL Ltd: Dec-Qtr consolidated revenue from operations at ₹11.49 bln; Dec-Qtr consolidated net profit at ₹817 mln, indicating stable profitability.
• RHI Magnesita India: Dec-Qtr consolidated revenue from operations at ₹10.92 bln; Dec-Qtr consolidated profit at ₹615.6 mln, reflecting solid quarterly execution.
• Grauer & Weil (India): Dec-Qtr consolidated revenue from operations at ₹2.91 bln; Dec-Qtr consolidated profit at ₹323.3 mln, indicating healthy margins/earnings.
• Responsive Industries: Dec-Qtr consolidated revenue from operations at ₹3.11 bln; Dec-Qtr consolidated net PAT at ₹224.8 mln, reflecting profitable quarter.
• Rana Sugars: Dec-Qtr revenue from operations at ₹4.29 bln; Dec-Qtr PAT at ₹127.2 mln, indicating positive profitability.
• POCL Enterprises: Dec-Qtr consolidated income from operations at ₹3.64 bln; Dec-Qtr consolidated net profit at ₹90.9 mln, reflecting profitable quarter.
• Genus Paper & Boards: Dec-Qtr consolidated revenue from operations at ₹2.38 bln; Dec-Qtr consolidated PAT at ₹28.8 mln, indicating modest profitability.
• RBZ Jewellers: Dec-Qtr revenue from operations at ₹2.26 bln; Dec-Qtr profit at ₹174.3 mln, supporting earnings growth visibility.
• Indigo Paints: Dec-Qtr consolidated revenue from operations at ₹3.59 bln; Dec-Qtr consolidated net profit at ₹363.8 mln; company also announced construction of manufacturing facilities in Rajasthan with investment requirement of ₹150 mln, indicating expansion capex.
• Sanstar Ltd: Dec-Qtr revenue from operations at ₹2.02 bln; Dec-Qtr net profit at ₹136.7 mln, reflecting profitable quarter.
• Ajanta Soya: Dec-Qtr revenue from operations at ₹3.12 bln; Dec-Qtr net profit at ₹25.2 mln, indicating positive bottom-line.
• Bengal & Assam Company: Dec-Qtr consolidated total revenue from operations at ₹5.31 bln; Dec-Qtr consolidated profit at ₹1.56 bln, indicating strong earnings contribution.
• Bombay Burmah Trading Corporation: Dec-Qtr consolidated total revenue from operations at ₹50.66 bln; Dec-Qtr consolidated net profit at ₹3.16 bln; interim dividend declared at ₹17/share; company also approved re-appointment of Ness N. Wadia as Managing Director, reflecting continuity in leadership and shareholder distribution.
• MMP Industries: Approved investment in MMP Cables and Electricals up to ₹50 mln; Dec-Qtr consolidated revenue from operations at ₹2.03 bln; Dec-Qtr consolidated PAT at ₹114.2 mln, indicating profitable quarter alongside investment action.
• Western Carriers (India): Dec-Qtr consolidated revenue from operations at ₹4.78 bln; Dec-Qtr consolidated net profit at ₹108.3 mln, reflecting continued profitability.
• Vibhor Steel Tubes: Dec-Qtr revenue from operations at ₹3.02 bln; Dec-Qtr PAT at ₹16.6 mln, indicating positive earnings.
• RailTel Corp: Secured a work order worth ₹929.1 mln, supporting order inflows/revenue visibility.
• CFF Fluid Control: Received LOI for Navy equipment worth ₹205.8 mln, supporting defence order pipeline.
• Dhara Rail Projects: Secured order worth ₹123.3 mln, strengthening project/order book.
• TechKnowGreen Solutions: Awarded work order worth ₹45 mln, adding incremental revenue visibility.
• Vision Infra Equipment Solutions: Received work order worth ₹37.1 mln, supporting near-term execution pipeline.
• Happy Square Outsourcing Services: Awarded extension for manpower supply worth ₹7.2 mln, indicating contract continuity.
• Paradeep Phosphates: Provisional release of 25,000 MT of urea valued at ₹1.03 bl, indicating inventory/dispatch movement.
• Adani Enterprises: Incorporated a unit Navi Mumbai Power Distribution through JV AdaniConnex, indicating structure creation for distribution business/operations.
• DLF Ltd: NCLT approved merger of two companies with DLF Home Developers, supporting corporate simplification/structural integration.
• Mirza International: Acquired “Genesis Brands I-JG” in Germany, supporting international business expansion.
• Action Construction Equipment: Approved proposal for formation of a JV in India, indicating strategic partnership intent.
• Innomet Advanced Materials: Approved acquisition of 57.5% stake in Swastik Tungsten, with acquisition valued at ₹15 mln, indicating inorganic growth step.
• Steel Strips Wheels: Entered agreements for an alloy wheels facility with ARAYS and Hainan Jihoo, with consideration of approximately $19 mln, indicating capex/partnership-led capacity build.
• NBCC (India): Reported Q3 consolidated net profit of ₹1.93 bln, supporting profitability visibility.
• Sunflag Iron and Steel: Dec-Qtr consolidated net PAT at ₹599.4 mln, reflecting solid quarter.
• Gokul Refoils and Solvent: Dec-Qtr consolidated revenue from operations at ₹10.76 bln; Dec-Qtr consolidated net PAT at ₹52.5 mln, indicating profitability.
• India Nippon Electricals: Declared interim dividend of ₹15.50/share; Dec-Qtr consolidated revenue from operations at ₹2.72 bln, indicating payout alongside quarterly topline.
• United Breweries: NFAC passes fresh order reducing demand to ₹32.1 mln from ₹1.02 bln, materially lowering the tax demand quantum.

Negative:

• Balaji Telefilms: Company received a tax demand of ₹325.8 mln including penalty and interest, creating a financial/regulatory overhang.
• Hindustan Copper: Company faces allegations for production without valid clearances; additionally received a demand notice worth ₹9.29 bln, representing material contingent liability exposure.
• Orient Technologies: Dec-Qtr consolidated revenue from operations at ₹2.0 bln; Dec-Qtr consolidated loss at ₹146.4 mln; CEO Shrihari Kishor Bhat resigns effective April 29, 2026, adding leadership transition to loss-making quarter.
• Centrum Capital: Dec-Qtr consolidated total revenue from operations at ₹8.78 bln; Dec-Qtr consolidated net loss at ₹972.4 mln, indicating significant loss despite revenue scale.
• BirlaNu: Dec-Qtr consolidated revenue from operations at ₹8.58 bln; Dec-Qtr consolidated net loss at ₹530.3 mln, reflecting quarterly loss.
• Brainbees Solutions: Dec-Qtr consolidated revenue from operations at ₹24.24 bln; Dec-Qtr consolidated net loss at ₹284.3 mln, indicating loss-making quarter despite strong topline.
• Ola Electric Mobility: Q3 consolidated revenue from operations at ₹4.7 bln; Q3 consolidated net loss at ₹4.87 bln; recorded one-time charge of ₹50.6 mln in Q3 under new labour codes, adding to period impact.
• MCLeod Russel India: Dec-Qtr consolidated revenue from operations at ₹4.45 bln; Dec-Qtr consolidated net loss at ₹364.1 mln, indicating continued losses.
• TV Today Network: Dec-Qtr consolidated revenue from operations at ₹2.12 bln; Dec-Qtr consolidated net loss at ₹1.4 mln, marginal loss for the quarter.
• Tilaknagar Industries: Dec-Qtr consolidated revenue from operations at ₹14.53 bln; Dec-Qtr consolidated net loss at ₹1.05 bln, indicating significant quarterly loss.
• Aym Syntex: Dec-Qtr consolidated revenue from operations at ₹3.24 bln; Dec-Qtr consolidated profit at ₹14.8 mln, indicating thin profitability vs topline.
• Manaksia Aluminium: Company received GST demand order of ₹388 mln; Dec-Qtr revenue from operations at ₹1.43 bln and Dec-Qtr net PAT at ₹16.5 mln; also announced CFO appointment (see Neutral), while GST order remains an overhang.
• Carraro India: Company received a show cause notice from the tax department, indicating potential tax dispute exposure.
• Indian Hotels Company: Company received additional tax penalty worth ₹42.9 mln, adding to regulatory/financial impact.
• Deep Industries: Company faces provisional suspension from ONGC; stated operations are uninterrupted and company will challenge the suspension through legal remedies, but suspension risk remains a negative development.

Neutral / Others

• G R Infraprojects: Proposes divestment of 100% stake in two highway subsidiaries, including proposed divestment of 100% stake in GR ENA KIM Expressway; company also declared interim dividend of ₹2.50/share, combining portfolio monetisation intent with shareholder payout.
• Moody’s Ratings / Tata Chemicals: Moody’s announces completion of a periodic review of ratings of Tata Chemicals Limited, indicating ratings surveillance update.
• CE Info Systems: Board approves ₹20 mln investment in Prashant Advanced Survey LLP to become a partner, indicating strategic partnership/investment action.
• N D A Securities: Company to consider issuance of equity shares, indicating potential capital raise/issuance proposal.
• Vaishali Pharma: Approved issue of shares up to ₹122.5 mln, indicating planned equity issuance.
• Midwest Gold: Company to consider fund raising, indicating capital raise exploration.
• Spice Islands Industries: Company entered a hotel management agreement on Feb 13, 2026, indicating operational/asset management tie-up.
• Hindusthan Urban Infrastructure: Approved investment for enhancement of production capacity at ₹2.10 bln; also approved further enhancement of production capacity of its Madhya Pradesh plant, indicating ongoing capacity expansion program.
• Kohinoor Foods: CFO Pradeep Goswami resigns, indicating management change.
• Zuari Industries: CFO Nishant Dalal resigns; Jatin Jain appointed as CFO, indicating leadership transition continuity.
• Sarup Industries: Rajwinder Kaur appointed as CFO effective 13.02.2026; Gagandeep resigns as CFO effective 13.02.2026, indicating CFO transition on same effective date.
• Steel Strips Infrastructures: Appoints Gourav Kumar as CFO, indicating finance leadership appointment.
• Pix Transmissions: Rishipal Sethi re-appointed as Joint Managing Director for 3 years, indicating continuity in senior management.
• Insilco: Appointment of Shivangi Negi as Managing Director; resignation/acceptance of resignation of Chaitali Talele as Managing Director, indicating leadership change at the top.
• Supertex Industries: Appoints Harshvardhan Mishra as CEO, indicating senior executive appointment.
• Zodiac Clothing Company: Appoints Salman Yusuf Noorani as Chairman and Managing Director, indicating leadership appointment.
• Shanti Overseas (India): Appoints Sumit Suresh Bhinge as CFO, indicating finance leadership appointment.
• Craftsman Automation: Board approves evaluation for restructuring of aluminium business, indicating internal portfolio review.
• Indian Energy Exchange: Appeal filed challenging CERC market coupling implementation, indicating regulatory/legal action.
• Astonea Labs: Company executes sale deed for land acquisition in Haryana, indicating completion of land purchase documentation.

Non-Corporate, Unlisted & Foreign / Macro

1) RBI (Banking/Regulatory): The RBI cancelled Indian Mercantile Co-operative Bank’s licence and eased rules for banks to fund strategic acquisitions by Indian non-financial firms, capping financing at 75% of deal value. It proposed tighter REIT/InvIT lending norms and fined five lenders. The Cabinet cleared ₹1.6 trillion in projects, while state borrowing, T-bill auctions, bond yields, OMO purchases, and forex reserves updates signaled active debt market operations.
2) India Minister/Cabinet: Cabinet approves projects worth ₹1.6 trln, including ₹1.0 trln for Urban Challenge Fund, indicating large policy-led capex/urban push.
3) RBI (State Borrowing): RBI notes 14 states to raise ₹379 bln via loans on Feb 17, indicating near-term state market borrowing calendar.
4) India Debt Market: India to auction ₹340 bln of T-bills on Feb 18 including ₹140 bln (91-day), ₹120 bln (182-day) and ₹80 bln (364-day); India 10-year benchmark govt bond yield ends at 6.6799% vs previous close 6.6833%; RBI bought ₹500 bln bonds under OMO as on Feb 6; forex reserves at $717.06 bln on Feb 6 vs $723.77 bln prior week; RBI says federal govt had no outstanding loans with it as on Feb 6.
5) Indian Banks (System data): Deposits rose 12.5% YoY in the fortnight to Jan 31; loans rose 14.6% YoY in the same fortnight, per RBI.
6) South Korea (Macro): South Korea imports 12.5 mln tonnes of crude in January vs 12.2 mln tonnes a year ago (customs data), indicating slightly higher YoY crude inflows.
7) Nvidia (Global Tech): Nvidia CEO Jensen Huang will not attend India AI Summit next week, indicating leadership absence at the event.
8) Bangladesh Politics / India: Bangladesh Nationalist Party (BNP) will formally request India to extradite former PM Hasina to face trial (per BNP leader Ahmed); India PM Modi stated he reaffirmed India’s commitment to peace/progress/prosperity in call with Bangladesh’s Rahman, and noted he spoke with Tarique Rahman and congratulated him on Bangladesh election victory.
9) Air India (Regulatory): India aviation watchdog fines Air India $110,350 for flying an Airbus plane eight times without permit; regulator states lapses eroded public confidence in the airline.
10) Delta Electronics Thailand PCL (Foreign/India investment): Approved investments for construction of a new factory in Krishnagiri plant, India, with estimated construction cost of ₹7,700 mln, indicating major India manufacturing capex by a foreign listed entity.
11) KLA (US semiconductor): US chip firm KLA signed MoU with Tamil Nadu government to invest $400 mln to establish a global campus, indicating large-scale semiconductor ecosystem investment intent.

Bulk Deals:

Apollo Tubes Ltd
S Gupta Holding acquired 5.25 lakh shares in Apollo Pipes at around Rs 317 per share, securing a 1.19% stake worth Rs 16.64 crore. The transaction signals promoter confidence in the company’s growth prospects within India’s expanding PVC pipes and fittings market.
SG Finserve
Promoter entity S Gupta Holding purchased 3 lakh shares of SG Finserve at Rs 408.26 per share, amounting to Rs 12.24 crore and a 0.53% equity stake. The investment highlights continued promoter backing for the NBFC’s lending and financial services expansion.
Honasa Consumer Lfd
Mercer QIF Fund Plc divested 19.04 lakh shares (0.58% stake) in Honasa Consumer at Rs 308.91 per share, totaling Rs 58.82 crore. Honasa Consumer is the parent company of Mamaearth and operates in India’s fast-growing beauty and personal care segment.

IPO Listing Today

Mainboard:
Fractal Analytics Ltd
Aye Finance Ltd

On-going IPO:
Last Date 16-Feb
Marushika Technology Ltd (NSE SME)

Upcoming IPO:
(16-Feb to 18-Feb)
Fractal Industries Ltd (BSE SME)
(24-Feb to 26-Feb)
PNGS Reva Diamond Jewellery Ltd

Securities Trading Ex-Dividend on February 16, 2026
Saven Technologies Ltd, Aarti Pharmalabs Ltd  Apollo Hospitals Enterprise Ltd, Escorts Kubota Ltd, IIFL Capital Services Ltd, Kirloskar Ferrous Industries Ltd  Kewal Kiran Clothing Ltd, Kesar Terminals & Infrastructure Ltd, Torrent Power Ltd, Uniparts India Ltd
Securities Trading Ex-Rights Issue on February 16, 2026
Onelife Capital Advisors Ltd
Securities Trading Ex-Income Distribution on February 16, 2026
Anantam Highways Trust (InvIT), IRB InvIT Fund (InvIT), IRB Infrastructure Trust, NDR InvIT Trust
Securities Under F&O Ban on February 16, 2026
SAMMAANCAP, SAIL

Source: WOWNEWS24X7,  Moneycontrol,  Investing.com