Global Market Futures (as of 06:53 AM IST)
US Market (Futures)
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Nasdaq: +0.88%
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Dow Jones: +0.55%
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S&P 500: +0.70%
European (Futures)
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Ftse 100: +0.11%
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Cac 40: -0.02%
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Dax : +0.40%
Asian
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Nikkei: +1.88%
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ASX 200: -l+0.50%
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Kospi: +1.89%
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Taiwan Weighted Index: +1.80%
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Straits Times Index: +0.33%
Gift Nifty = 25924.00 (+0.14%)
FII and DII Trading Activity October 24, 2025 in Cash market:
FIIs / FPIs: Net Buy of ₹621.51 crore
DIIs: Net Buy of ₹173.13 crore
Key Results Today:
Indus Towers, Indian Oil Corporation, Adani Energy Solutions, Bata India, Canara HSBC Life Insurance Company, Canara Robeco Asset Management Company, Chennai Petroleum Corporation, Glottis, JK Tyre & Industries, KFin Technologies, Mahindra Logistics, Mazagon Dock Shipbuilders, PNB Housing Finance, Raymond, Sona BLW Precision Forgings, SRF, Supreme Industries, Tata Investment Corporation, Tamil Nadu Newsprint & Papers, and Welspun Specialty Solutions will release their quarterly earnings today.
Key Quarterly Earnings Update:
Kotak Mahindra Bank Q2 (Standalone YoY)
Kotak Mahindra Bank’s profit declined 2.7% to ₹3,253.3 crore, despite a 4.1% rise in net interest income to ₹7,310.7 crore. Provisions surged 43.5% to ₹947.4 crore. Asset quality improved with gross NPA at 1.39% and net NPA at 0.32%, both down sequentially.
Dr Reddy's Laboratories Q2 (Consolidated YoY)
Dr Reddy’s profit rose 14.5% to ₹1,437.2 crore on a 9.8% revenue increase to ₹8,805.1 crore. However, the North America business fell 13.1% to ₹3,240.8 crore. Strong overall performance offset regional weakness, supporting steady growth in profitability.
SBI Life Insurance Company Q2 (YoY)
SBI Life’s profit dropped 6.6% to ₹494.6 crore, even as net premium income jumped 22.6% to ₹24,848.3 crore. Net commission also rose 22.2% to ₹1,240.3 crore, highlighting robust business expansion despite lower profitability.
Coforge Q2 (Consolidated YoY)
Coforge reported an 86% surge in profit to ₹375.8 crore and a 31.7% jump in revenue to ₹3,985.7 crore. The board declared an interim dividend of ₹4 per share, reflecting strong financial momentum and shareholder value focus.
Zen Technologies Q2 (Consolidated YoY)
Zen Technologies’ profit fell 4.6% to ₹59.4 crore as revenue dropped 28.2% to ₹173.6 crore. The decline in top line weighed on performance, though profitability remained relatively resilient amid lower sales.
Latent View Analytics Q2 (Consolidated YoY)
Latent View’s profit grew 11.3% to ₹44.4 crore, supported by a 23.3% rise in revenue to ₹257.5 crore. The analytics firm maintained steady growth, reflecting strong demand for its data-driven solutions.
Sigachi Industries Q2 (Consolidated YoY)
Sigachi Industries’ profit slumped 50.9% to ₹10.7 crore, with revenue declining 11.5% to ₹110.5 crore. The sharp fall in earnings highlights margin pressures amid weaker sales performance.
Supreme Petrochem Q2 (Standalone YoY)
Supreme Petrochem’s profit plunged 46.6% to ₹48.2 crore as revenue fell 26.9% to ₹1,100.2 crore. The steep drop indicates challenging market conditions affecting both topline and bottom-line performance.
SBI Cards and Payment Services Q2 (YoY)
SBI Cards posted a 10% rise in profit to ₹444.8 crore, with revenue up 12.2% to ₹4,961 crore. The company maintained steady growth, driven by higher spending and increased card usage.
eClerx Services Q2 (Consolidated YoY)
eClerx’s profit jumped 30.6% to ₹183.2 crore on a 20.8% rise in revenue to ₹1,004.9 crore. The board approved a ₹300 crore buyback of 6.66 lakh shares at ₹4,500 per share, underscoring confidence in future growth.
Key Corporate & Economy Updates:
Positive
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Vedanta: ₹1 lakh crore investment pledged for Odisha’s industrial transformation; signals long-term growth
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MosChip Technologies: Robust Q2; ₹1.47 billion revenue, 25% profit growth highlights operational strength.
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Vikran Engineering: Secures ₹3.54 billion project, boosting growth prospects.
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Waaree Energies: Wins 122MW solar module order, reinforcing market dominance.
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NRB Bearings: Announces ₹2.50 interim dividend on solid results.
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Rose Merc Ltd: Partners with KheloMore to enter sports-tech space.
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Glenmark: Launches Ropivacaine Hydrochloride injection in US, expands portfolio.
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SK Minerals & Additives: Bags ₹567.1 million supply order.
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eClerx Services: Unveils ₹3 billion buyback amid strong Q2 metrics.
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Brigade Hotel Ventures: Reports ₹1.26 billion revenue and ₹90.7 million Q2 profit.
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Zydus Lifesciences: Health Canada nod for Mesalamine suppositories; new manufacturing in Ahmedabad.
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ARSS Infrastructure: Secures ₹377.9 million rail contract.
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Hindalco: Acquires EMIL Mines, secures fuel supply.
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Manoj Ceramic: Launches new cutting operations for productivity boost.
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Container Corp & Adani Cement: MoUs signed for cement logistics via rail.
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Saboo Sodium Chloro: Acquires Samskara Resort, consolidating assets.
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LIC: Raises stake in Dabur (6.985%) and Tata Consumer (8.645%).
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Lloyds Metals: Acquires Bharat Wire Ropes CCPS from lenders.
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Puravankara: Gets Rs 2.12 billion redevelopment project via subsidiary.
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PTC Industries: Bags DRDO turbine blade order.
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Bharat Rasayan: Announces 1:1 bonus & share split.
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Coforge: Beats Q2 estimates, $514M order intake and ₹4 dividend.
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Crompton: Wins ₹445 cr solar order covering 40,000 homes.
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SBI Life: Maintains profitability, VNB margin at 27.8%.
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Indian Oil: Major tax relief won; will contest ₹91.6 million dispute.
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Finolex-IRCON JV: Secures ₹1.68 billion turnkey power project.
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Dr. Reddy’s: Reports strong branded portfolio and nicotine product growth.
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Munish Forge: The Company gets defence approval for 120mm HE Bomb body
Negative
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Thirumalai Chemicals: To appeal recent GST order after partial demand admission.
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RailTel: Terminates ₹209.78 crore Bihar education contract over rule breaches.
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SBI Cards: Q2 profit below estimates despite revenue growth.
Neutral:
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Docon Technologies: Sells 5.3 million Thyrocare shares.
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Globtier Infotech: Launches new subsidiary Globtier I-JK Limited.
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Vani Commercials: Okays preferential issue of 32.2 million shares.
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Reliance Industries: Restates crude strategy, vows compliance with global sanctions.
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Leadership Changes: Linaks Micro Electronics CFO resigns; Shentracon Chemicals appoints new MD.
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Fermenta Biotech: Transfers Rs 19 crore to environmental subsidiary.
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Novelis (Hindalco): Plans year-end mill restart after Oswego fire
Non-Corporate, Unlisted & International Stock News
1) Steady Pulse: India’s 10-year bond yield near 6.53%.
2)) RBI exempts SWAMIH Fund-I as forex reserves top $702 billion.
3) SEBI circular tightens PMS transfers, new guardrails set.
4) India’s rice prices rebound from 9-year low, contrasting Thailand slump
Bulk Deals
Thyrocare Technologies
Promoter Docon Technologies sold 53.3 lakh shares (10.06% stake) worth ₹667.7 crore at ₹1,252.03 per share, reducing its holding from 71.06%. Institutional investors, including ICICI Prudential, HSBC, HDFC, Aditya Birla Sun Life, and Eastspring, collectively bought 42.1 lakh shares for ₹527.2 crore. ICICI Prudential’s total stake may now reach around 5.5%.
Midwest
Goldman Sachs Funds – Goldman Sachs India Equity Portfolio acquired 4.34 lakh shares (1.2% stake) in Midwest at ₹1,152.56 per share, amounting to ₹50.05 crore, marking a fresh institutional investment in the company.
On-going IPO: NIL
Upcoming IPO:
(27-Oct to 29-Oct)
-Jayesh Logistics Ltd. (SME)
Stocks Trading Ex-Dividend on October 27, 2025
360ONE WAM Ltd, Central Bank of India, CESC Ltd, CRISIL Ltd, Infosys Ltd, L&T Technology Services Ltd, PCBL Chemical Ltd, REC Ltd, Tanla Platforms Ltd
Stocks Under F&O Ban on October 27, 2025
SAIL, Sammaan Capital
Source: WOWNEWS24X7, Moneycontrol, Investing.com
