Asian stocks are poised for a cautious start following the imposition of 25% tariffs on US steel and aluminum imports by President Donald Trump. The US dollar surged while gold prices moved to record highs.

Australian equities opened higher with S&P/ ASX 200 up 0.24%, while futures for Hang Seng were up 2.09%. Markets in Japan are closed for a public holiday. South Korea’s Kospi gained 0.98%.

US stocks closed higher on Monday, with S&P 500 and Dow Jones Industrial Average adding 0.67% and 0.38%, respectively. The teach-heavy Nasdaq Composite rose 0.98%.

The Indian equity benchmark indices closed lower, as realty stocks dragged most.

The NSE Nifty 50 ended 182.85 points, or 0.78% down at 23,377.10, and the 30-stock BSE Sensex ended 548.39 points, or 0.70% lower at 77,311.80.

Foreign portfolio investors stayed net sellers of Indian equities for the fourth straight day on Monday as they offloaded stocks worth approximately Rs 2,463.72 crore.

Domestic institutional investors stayed net buyers for the fourth straight session as they mopped up equities worth Rs 1,515.52 crore, according to provisional data from the National Stock Exchange.

The Indian rupee closed five paise weaker at 87.48 against the US dollar on Monday. The domestic currency opened at a record low, weakening by 50 paise against the US dollar to trade at 87.92, according to Bloomberg data.

Earnings Post Market Hours

Eicher Motors Q3 (Consolidated, YoY)

  • Revenue up 19% to Rs 4,973.1 crore (Bloomberg estimate: Rs 5,075.2 crore).

  • Ebitda up 10% to Rs 1,201.2 crore (Estimate: Rs 1,340.2 crore).

  • Ebitda margin expands to 24.2% versus 26.1% (Estimate: 26.40%).

  • Net profit up 18% to Rs 1,170.5 crore (Estimate: Rs 1,198.5 crore).

Apollo Hospitals Q3 Highlights (Consolidated, YoY)

  • Revenue up 13.9% to Rs 5,526.90 crore versus Rs 4,850.60 crore.

  • Ebitda up 24% to Rs 761.50 crore versus Rs 613.70 crore.

  • Ebitda margin to 13.8% versus 12.7%.

  • Net profit up 52% to Rs 372.30 crore versus Rs 245.30 crore.

Sun Pharma Advanced Q3 (Consolidated, YoY)

  • Revenue up 7.6% to Rs 14.9 crore versus Rs 13.9 crore.

  • Ebitda loss of Rs 73.7 crore versus Ebitda loss of Rs 103 crore.

  • Net loss of Rs 79.5 crore versus loss of Rs 99.7 crore.

Nalco Q3 (Consolidated, YoY)

  • Revenue up 39.28% to Rs 4,662 crore versus Rs 3,347 crore.

  • Ebitda up 201.03% to Rs 2,327 crore versus Rs 773 crore.

  • Ebitda margin up 2,681 bps to 49.91% versus 23.09%.

  • Net profit up 233.19% to Rs 1,566 crore versus Rs 470 crore.

TVS Supply Chain Q3 Highlights (Consolidated, YoY)

  • Revenue up 10% to Rs 2,444.62 crore versus Rs 2,221.84 crore.

  • Ebitda down 18% to Rs 132.63 crore versus Rs 162.07 crore.

  • Ebitda margin to 5.4% versus 7.3%.

  • Net loss of Rs 24.65 crore versus profit of Rs 9.56 crore.

Orissa Minerals Development Co Q3 (YoY)

  • Revenue down 27.2% to Rs 20.6 crore versus Rs 28.3 crore.

  • Ebitda loss of Rs 2 crore versus Ebitda of Rs 12.4 crore.

  • Net loss of Rs 7.5 crore versus profit of Rs 2.3 crore.

Grasim Industries Q3 (Standalone, YoY)

  • Revenue up 26.9% to Rs 8,120 crore versus Rs 6,400 crore.

  • Ebitda down 48.2% to Rs 271 crore versus Rs 522 crore.

  • Ebitda margin to 3.3% versus 8.2%.

  • Net loss of Rs 169 crore versus profit of Rs 236 crore.

Crisil Q4 Highlights (Consolidated, YoY)

  • Revenue down 0.5% to Rs 912.91 crore versus Rs 917.74 crore.

  • Ebitda up 6% to Rs 287.07 crore versus Rs 271.59 crore.

  • Ebitda margin to 31.4% versus 29.6%.

  • Net profit up 7% to Rs 224.69 crore versus Rs 210.12 crore.

HBL Engineering Q3 Highlights (Consolidated, YoY)

  • Revenue down 24.8% to Rs 450.56 crore versus Rs 599.26 crore.

  • Ebitda down 17% to Rs 93.56 crore versus Rs 113.20 crore.

  • Ebitda margin to 20.8% versus 18.9%.

  • Net profit down 18% to Rs 64.61 crore versus Rs 79.04 crore.

Genus Power Q3 Highlights (Consolidated, YoY)

  • Revenue up to Rs 604.20 crore versus Rs 259.78 crore.

  • Ebitda up to Rs 92.95 crore versus Rs 13.42 crore.

  • Ebitda margin to 15.4% versus 5.2%.

  • Net profit up to Rs 56.65 crore versus a loss of Rs 9.92 crore.

Honda India Q3 (Consolidated, YoY)

  • Revenue down 22.5% to Rs 204 crore versus Rs 263 crore.

  • Ebitda down 37% to Rs 20.8 crore versus Rs 33 crore.

  • Ebitda margin to 10.2% versus 12.5%.

  • Net profit down 32.6% to Rs 19.1 crore versus Rs 28.3 crore.

Elgi Equipments Q3 (Consolidated, YoY)

  • Revenue up 3.1% to Rs 847 crore versus Rs 822 crore (Estimate: Rs 900 crore).

  • Ebitda down 7.7% to Rs 119 crore versus Rs 129 crore (Estimate: Rs 140 crore).

  • Ebitda margin to 14.1% versus 15.7% (Estimate: 15.6%).

  • Net profit down 3.9% to Rs 80.5 crore versus Rs 83.8 crore (Estimate: Rs 93 crore).

National Fertilizers Q3 Highlights (Consolidated, YoY)

  • Revenue down 22.8% to Rs 5,855.85 crore versus Rs 7,584.27 crore.

  • Ebitda down 53% to Rs 149.32 crore versus Rs 318.50 crore.

  • Ebitda margin to 2.5% versus 4.2%.

  • Net profit down 70% to Rs 45.81 crore versus Rs 150.89 crore.

MTAR Technologies Q3 Highlights (Consolidated, YoY)

  • Revenue up 47.4% to Rs 174.46 crore versus Rs 118.38 crore.

  • Ebitda up 39% to Rs 33.26 crore versus Rs 23.86 crore.

  • Ebitda margin to 19.1% versus 20.2%.

  • Net profit up 53% to Rs 15.96 crore versus Rs 10.45 crore.

Responsive Industries Q3 Highlights (Consolidated, YoY)

  • Revenue up 37.6% to Rs 367.82 crore versus Rs 267.27 crore.

  • Ebitda up 9% to Rs 72.35 crore versus Rs 66.46 crore.

  • Ebitda margin to 19.7% versus 24.9%.

  • Net profit up 5% to Rs 46.95 crore versus Rs 44.71 crore.

Neuland Labs Q3 Highlights (Consolidated, YoY)

  • Revenue up 1.3% to Rs 398.03 crore versus Rs 392.83 crore.

  • Ebitda down 29% to Rs 86.60 crore versus Rs 121.27 crore.

  • Ebitda margin to 21.8% versus 30.9%.

  • Net profit up 25% to Rs 101.59 crore versus Rs 81.39 crore.

  • Exceptional item of Rs 55.77 crore in the current quarter.

Bata India Q3 (Consolidated, YoY)

  • Revenue up 1.7% to Rs 919 crore versus Rs 903 crore. (Estimate Rs 951 crore)

  • Ebitda up 9.4% to Rs 199 crore versus Rs 182 crore. (Estimate Rs 200 crore)

  • Ebitda margin to 21.7% versus 20.2%. (Estimate 21%)

  • Net profit up 1.2% to Rs 58.6 crore versus Rs 57.9 crore. (Estimate Rs 72 crore)

Insecticides India Q3 Highlights (Consolidated, YoY)

  • Revenue flat at Rs 357 crore.

  • Ebitda up 19% to Rs 30.89 crore versus Rs 25.99 crore.

  • Ebitda margin to 8.6% versus 7.3%.

  • Net profit up 42% to Rs 17.36 crore versus Rs 12.25 crore.

Signature Global Q3 (Consolidated, YoY)

  • Revenue to Rs 828 crore versus Rs 282 crore.

  • Ebitda to Rs 13.4 crore versus Ebitda loss of Rs 7.1 crore.

  • Ebitda margin at 1.6%.

  • Net profit to Rs 29.1 crore versus Rs 2.1 crore.

FSN ECommerce (Nykaa) Q3 (Consolidated, YoY)

  • Revenue up 26.74% to Rs 2,267.21 crore versus Rs 1,788.8 crore.

  • Ebitda up 41.3% to Rs 140.73 crore versus Rs 99.59 crore.

  • Ebitda margin up 63 bps to 6.2% versus 5.56%.

  • Net profit up 51.72% to Rs 26.4 crore versus Rs 17.4 crore.

Escorts Kubota Q3 Highlights (Standalone, YoY)

  • Revenue up 8.5% to Rs 2,935.43 crore versus Rs 2,706.35 crore (Estimate: Rs 3,134 crore).

  • Ebitda up 4% to Rs 335.29 crore versus Rs 323.80 crore (Estimate: Rs 395 crore).

  • Ebitda margin to 11.4% versus 12% (Estimate: 12.6%).

  • Net profit up 9% to Rs 323.20 crore versus Rs 297.88 crore (Estimate: Rs 315 crore)

Gujarat State Fertilizers & Chemicals Q3 Highlights (Consolidated, YoY)

  • Revenue up 40.2% to Rs 2,814.07 crore versus Rs 2,007.75 crore.

  • Ebitda up 47.2% to Rs 157.64 crore versus Rs 107.61 crore.

  • Ebitda margin to 5.6% versus 5.4%.

  • Net profit up 13% to Rs 133.85 crore versus Rs 117.99 crore.

Ashoka Buildcon Q3 (Consolidated, YoY)

  • Revenue down 10.1% to Rs 2,388 crore versus Rs 2,657 crore.

  • Ebitda up 7% to Rs 639 crore versus Rs 597 crore.

  • Ebitda margin to 26.7% versus 22.5%.

  • Net profit to Rs 654 crore versus Rs 96.2 crore.

  • Deferred tax credit of Rs 406 crore in the current quarter versus deferred tax charge of Rs 31 crore in the same quarter last year.

Galaxy Surfactants Q3 Highlights (Consolidated, YoY)

  • Revenue up 10.8% to Rs 1,041.69 crore versus Rs 940.49 crore.

  • Ebitda down 5% to Rs 105.57 crore versus Rs 111.55 crore.

  • Ebitda margin to 10.1% versus 11.9%.

  • Net profit down 9% to Rs 64.61 crore versus Rs 71.37 crore.

Sansera Engineering Q3 (Consolidated, YoY)

  • Revenue up 2.1% to Rs 728 crore versus Rs 713 crore. (Estimate Rs 772 crore)

  • Ebitda up 5.2% to Rs 127 crore versus Rs 121 crore. (Estimate Rs 134 crore)

  • Ebitda margin to 17.4% versus 16.9%. (Estimate 17.4%)

  • Net profit up 15.8% to Rs 55.6 crore versus Rs 48 crore. (Estimate Rs 55 crore)

ICRA Q3 (Consolidated, YoY)

  • Revenue up 5.5% to Rs 121 crore versus Rs 115 crore.

  • Ebitda up 39.4% to Rs 42.1 crore versus Rs 30.2 crore.

  • Ebitda margin to 34.9% versus 26.4%.

  • Net profit up 30.7% to Rs 42 crore versus Rs 32.2 crore.

ISGEC Heavy Engineering Q3 Highlights (YoY)

  • Revenue flat at Rs 1,496.66 crore versus Rs 1,492.52 crore.

  • Ebitda down 4% to Rs 118.21 crore versus Rs 123.34 crore.

  • Ebitda margin to 7.9% versus 8.3%.

  • Net profit down 68% to Rs 20.07 crore versus Rs 61.92 crore.

Force Motors Q3 (Consolidated, YoY)

  • Revenue up 11.7% to Rs 1,889 crore versus Rs 1,692 crore.

  • Ebitda up 3.2% to Rs 232 crore versus Rs 224 crore.

  • Ebitda margin to 12.3% versus 13.3%.

  • Net profit up 35% to Rs 115 crore versus Rs 85.4 crore.

Yatra Online Q3 (Consolidated, YoY)

  • Revenue at Rs 235 crore versus Rs 110 crore.

  • Ebitda at Rs 13.6 crore versus Rs 3.6 crore

  • Margin at 5.8% Vs 3.3%

  • Net profit at Rs 10 crore versus Rs 1.1 crore

Patanjali Foods Q3 (Consolidated, QoQ)

  • Revenue rose 11.6% to Rs 9,103 crore versus Rs 8,154 crore

  • Ebitda rose 20.3% to Rs 541 crore versus Rs 449 crore

  • Margin at 5.9% versus 5.5%

  • Net profit rose 20.2% to Rs 371 crore versus Rs 309 crore

Earnings To Watch

Ahluwalia Contracts (India), Ashiana Housing, Astrazeneca Pharma India, Awfis Space Solutions, Bayer Cropscience, Berger Paints India, BLS International Services, Birlasoft, Campus Activewear, Cello World, Cera Sanitaryware, Dalmia Bharat Sugar and Industries, Devyani International, EID-Parry (India), EIH, EPL, Gensol Engineering, Gujarat Alkalies & Chemicals, HEG, Huhtamaki India, Indo Count Industries, Vodafone Idea, Igarashi Motors India, IIFL Capital Services, IRCON International, IRCTC, Johnson Controls-Hitachi Air Conditioning India, Juniper Hotels, Kirloskar Oil Engines, Kolte-Patil Developers, Lupin, Marksans Pharma, MOIL, NBCC (India), Procter & Gamble Hygiene & Health Care, Prince Pipes and Fittings, Shree Renuka Sugars, Rhi Magnesita India, Keystone Realtors, SAIL, Sammaan Capital, Schneider Electric Infrastructure, Sequent Scientific, Tata Investment Corporation, Techno Electric and Engineering Company, Technocraft Industries (India), Time Technoplast.

Stocks To Watch

  • Sona BLW Precision Forgings: The company plans to purchase a land in Haryana from Escorts Kubota for Rs 110 crore.

  • Escorts Kubota: The company has restated its agreement with Sona BLW to amend certain terms of the initial deal for selling the Railway equipment products and parts business. A portion of the earlier order consideration of Rs 1,600 crore will be kept in escrow and released to the company in tranches.

  • Lupin: The company has obtained approval from the U.S. FDA for its Abbreviated New Drug Application for Ipratropium Bromide Nasal Solution.

  • Shriram Properties: The company has entered into a Joint Development Agreement to develop prime land at Koyambedu, a key micro-market in Chennai’s urban renaissance, known for its strategic advantages and economic vibrancy.

  • IRB Infrastructure Developers: The company’s gross toll collection has increased by 20%, reaching Rs 560 crore compared to Rs 467 crore.

  • Eicher Motors: Siddhartha Lal has been appointed as the executive chairman of the company’s board. Vinod Aggarwal has been named vice chairman of Eicher Motors, and will continue serving as managing director and chief executive officer of VE Commercial Vehicles. B. Govindarajan has been appointed managing director of Eicher Motors and will continue his role as chief executive officer of Royal Enfield.

  • Mankind Pharma: The company has approved the sale of its entire stake in a subsidiary of Chalet Hotels for an enterprise value of Rs 530 crore.

  • Oil & Natural Gas Corp.: The company and bp have made a deal where bp will provide technical services for Mumbai High, India’s largest and most productive offshore oil field.

  • Syngene International: The company appointed Peter Bains as the chief executive officer.

  • Grasim Industries: Harikrishna Agarwal will resign as the managing director effective from March 31. The board has appointed Himanshu Kapania as the new managing director, effective from April 1.

  • Indian Overseas Bank: The bank will reduce the repo-linked lending rate by 25 basis points to 9.1%, effective from Feb. 11.

  • Piramal Enterprises: The company will consider raising up to Rs 450 crore through NCDs on Feb. 13.

  • SBFC Finance: The company has received Rs 400 crore from British International Investment to support low-income and women entrepreneurs in India.

  • Aditya Birla Capital: The company has invested Rs 100 crore in Aditya Birla Capital Digital on a rights basis.

  • Dynamatic Technologies: The company partnered with Deutsche Aircraft at Aero India 2025. The partnership will enhance Deutsche Aircraft’s supply chain resilience.

IPO Offerings

  • Ajax Engineering: The public issue was subscribed to 0.28 times on day 1. The bids were led by qualified institutional investors (0.26 times), non-institutional investors (0.28 times), retail investors (0.29 times), and portion reserved for employees (0.54 times).

Bulk Deals

  • Craftsman Automation: Mirae Asset Mutual Fund sold 1.4 lakh shares (0.58%) at Rs 4,078.36 apiece, Nippon India Mutual Fund bought 1.4 lakh shares (0.58%) at Rs 4,078.36 apiece.

Insider Trading

  • Texmaco Infrastructure and Holdings: Promoter Texmaco Rail and Engineering bought 71,373 shares on Feb. 7.

  • Jindal Drilling & Industries: Promoter Crishpark Vincom sold 75,000 shares and Promoter Jindal Pipes bought 64,453 shares on Feb 4.

  • Paisalo Digital: Promoter Equilibrated Venture Cflow Pvt. Ltd. bought 5.24 lakh shares on Feb 10.

Trading Tweaks

  • Price Band Change from 10% to 5%: Exicom Tele-Systems.

  • Price Band Change from 5% to 20%: Denta Water and Infra Solutions, ITC Hotels.

  • Ex/rights issue: Thangamayil Jewellery.

  • Ex/dividend: CMS Info Systems, Symphony.

  • Moved into short-term ASM framework: Aarti Pharmalabs.

  • Moved out of short-term ASM framework: Blue Jet Healthcare, Whirlpool of India.

F&O Cues

  • Nifty February futures down by 0.67% to 23,459 at a premium of 78 points.

  • Nifty February futures open interest up by 2%.

  • Nifty Options Feb 13 Expiry: Maximum Call open interest at 25,500 and Maximum Put open interest at 22,500.

  • Securities in ban period: Manappuram Finance.

Currency Update

The Indian rupee closed five paise weaker at 87.48 against the US dollar on Monday.

The domestic currency opened at a record low, weakening by 50 paise against the US dollar to trade at 87.92, according to Bloomberg data. This decline follows fresh threats of tariffs from US President Donald Trump on steel and aluminium imports. It had closed at 87.43 on Friday.

. Read more on Markets by NDTV Profit.The NSE Nifty 50 ended 182.85 points, or 0.78% down at 23,377.10, and the 30-stock BSE Sensex ended 548.39 points, or 0.70% lower at 77,311.80.  Read MoreMarkets, Business, Notifications 

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