Stock Market Today: All You Need To Know Going Into Trade On Feb. 17 Divya Prata NDTV Profit

Most Asia-Pacific markets traded higher, as Japan reported higher than expected economic growth in the fourth quarter. Its GDP grew 2.8%, exceeding Reuters’ estimate of 1%.

The Nikkei 225 and Kospi were trading 0.16% and 0.28% higher, respectively as of 6:10 a.m. Meanwhile, S&P ASX 200 was 0.68% down.

On Friday, Dow Jones Industrial Average and S&P 500 ended 0.37% and 0.01% down, respectively. The Nasdaq Composite closed 0.41% higher.

Brent crude was trading 0.35% down at $74.46 a barrel. The Bloomberg spot gold was 0.11% higher at $2,885.69 an ounce.

The GIFT Nifty was trading 0.08%, or 17.50 points higher at 22,949 as of 2:44 a.m.

The Indian equity benchmark indices closed lower on Friday, registering their longest losing streak in two years.

The NSE Nifty 50 ended 102.15 points, or 0.44%, lower at 22,929.25, and the 30-stock BSE Sensex closed 199.76 points, or 0.26% down at 75,939.21.

Foreign portfolio investors stayed net sellers of Indian equities for the eighth straight session on Friday as they offloaded stocks worth approximately Rs 4,294.7 crore.

Domestic institutional investors stayed net buyers for the eighth straight session as they mopped up equities worth Rs 4,363.9 crore, according to provisional data from the National Stock Exchange.

The Indian rupee strengthened by six paise, closing at 86.83 against the US Dollar on Friday.

Earnings Post Market Hours

Northern Arc Capital Q3 Highlights (Consolidated, YoY)

Net profit flat at Rs 75.62 crore versus Rs 75.31 crore.
Revenue up 17% to Rs 576 crore versus Rs 492 crore.
Ebitda up 6% to Rs 309.35 crore versus Rs 292.16 crore.
Margin to 53.7% versus 59.4%.

Glenmark Pharma Q3 (Consolidated, YoY)

Revenue up 35.1% to Rs 3,387 crore versus Rs 2,507 crore. (Estimate: Rs 3,489 crore)
Ebitda to Rs 600.2 crore versus a loss of Rs 208.7 crore. (Estimate: Rs 633 crore)
Ebitda margin to 17.72%. (Estimate: 18.1%)
Net profit to Rs 348 crore versus a loss of Rs 470 crore. (Estimate: Rs 368 crore)

Cupid Q3 Highlights (Consolidated, YoY)

Net profit up 24.5% to Rs 11 crore versus Rs 8.9 crore.
Revenue up 15.7% to Rs 46.4 crore versus Rs 40.1 crore.
Ebitda down 6.7% to Rs 11.3 crore versus Rs 12.2 crore.
Margin to 24.5% versus 30.3%.

Swan Energy Q3 (Consolidated, YoY)

Revenue up 19.84% to Rs 1,908 crore versus Rs 1,592 crore.
Ebitda loss to Rs 655 crore versus a profit of Rs 257 crore.
Net profit up 406.08% to Rs 582 crore versus Rs 115 crore.

Easy Trip Planners Q3 Highlights (Consolidated, YoY)

Revenue down 6.4% to Rs 151 crore versus Rs 161 crore.
Ebitda down 21.4% to Rs 47.7 crore versus Rs 60.7 crore.
Margin to 31.7% versus 37.8%.
Net profit down 26.3% to Rs 33.6 crore versus Rs 45.6 crore.

Bajaj Consumer Q3 Highlights (Consolidated, YoY)

Revenue down 2% to Rs 234 crore versus Rs 239 crore.
Ebitda down 27% to Rs 26.2 crore versus Rs 36 crore.
Margin to 11.2% versus 15.1%.
Net profit down 30% to Rs 25.3 crore versus Rs 36.3 crore.

GlaxoSmithKline Pharmaceuticals Q3 Highlights (Consolidated, YoY)

Net profit up to Rs 230 crore versus Rs 46 crore. (Estimate: Rs 197 crore)
Revenue up 18% to Rs 949 crore versus Rs 805 crore. (Estimate: Rs 876 crore)
Ebitda up 34% to Rs 292 crore versus Rs 218 crore. (Estimate: Rs 250 crore)
Margin to 30.7% versus 27%. (Estimate: 28.5%)

Dish TV Q3 Highlights (Consolidated, YoY)

Revenue down 20.7% to Rs 373.03 crore versus Rs 470.27 crore.
Ebitda down 32% to Rs 122.71 crore versus Rs 180.40 crore.
Margin to 32.9% versus 38.4%.
Net loss to Rs 46.54 crore versus a loss of Rs 2.83 crore.

Bharat Sanchar Nigam Q3 Highlights (Consolidated, QoQ)

Revenue up 2.7% to Rs 4,973 crore versus Rs 4,842 crore.
Ebitda up to Rs 760.41 crore versus Rs 189.76 crore.
Margin to 15.3% versus 3.9%.
Net profit down 79% to Rs 264 crore versus a loss of Rs 1,242 crore.

Borosil Renewables Q3 (Consolidated, YoY)

Revenue up 9.39% to Rs 361 crore versus Rs 330 crore.
Ebitda loss to Rs 10 crore versus a profit of Rs 20.4 crore.
Net loss to Rs 27 crore versus a loss of Rs 15.55 crore.

Dilip Buildcon Q3 (Consolidated, YoY)

Revenue down 9.98% to Rs 2,589 crore versus Rs 2,876 crore.
Ebitda up 33.85% to Rs 475.87 crore versus Rs 355.52 crore.
Ebitda margin up 601 bps to 18.38% versus 12.36%.
Net profit up 7.47% to Rs 115 crore versus Rs 107 crore.

Centum Electronics Q3 Earnings (Consolidated, YoY)

Revenue down 4.5% to Rs 275 crore versus Rs 288 crore.
Ebitda down 30.4% to Rs 13 crore versus Rs 19 crore.
Margin to 4.8% versus 6.6%.
Net loss to Rs 19 crore versus a profit of Rs 7 crore.

Aditya Birla Fashion Q3 (Consolidated, YoY)

Revenue up 3.31% to Rs 4,305 crore versus Rs 4,167 crore. (Estimate: Rs 4,357 crore)
Ebitda up 14.62% to Rs 635 crore versus Rs 554 crore. (Estimate: Rs 570 crore)
Ebitda margin up 145 bps to 14.75% versus 13.29%. (Estimate: 13.1%)
Net loss to Rs 51 crore versus a loss of Rs 78 crore. (Estimate: Net loss of Rs 86 crore)

Gujarat Narmada Valley Fertilizers and Chemicals Q3 (YoY)

Revenue down 9.06% to Rs 1,899 crore versus Rs 2,088 crore.
Ebitda up 57.14% to Rs 132 crore versus Rs 84 crore.
Ebitda margin up 292 bps to 6.95% versus 4.02%.
Net profit up 66.31% to Rs 158 crore versus Rs 95 crore.

Rail Vikas Nigam Q3 (Consolidated, YoY)

Revenue down 2.61% to Rs 4,567 crore versus Rs 4,689 crore.
Ebitda down 4.18% to Rs 238.42 crore versus Rs 248.83 crore.
Ebitda margin down 8 bps to 5.22% versus 5.3%.
Net profit down 13.12% to Rs 311 crore versus Rs 358 crore.

ADF Foods Q3 (Consolidated, YoY)

Revenue up 13.8% to Rs 148 crore versus Rs 130 crore.
Ebitda down 2.2% to Rs 26 crore versus Rs 27 crore.
Margin to 18% versus 21%.
Net profit down 3.2% to Rs 18.8 crore versus Rs 19.4 crore.

Ingersoll-Rand Q3 Earnings (YoY)

Revenue up 17% to Rs 385 crore versus Rs 329 crore.
Ebitda up 42% to Rs 106 crore versus Rs 74.8 crore.
Margin to 27.6% versus 22.7%.
Net profit up 41% to Rs 77.7 crore versus Rs 55

Hindware Home Q3 Earnings (Consolidated, YoY)

Revenue down 13.6% to Rs 594 crore versus Rs 688 crore.
Ebitda down 43.8% to Rs 29 crore versus Rs 52 crore.
Margin to 5% versus 7.6%.
Net loss to Rs 17.8 crore versus a profit of Rs 4.2 crore.

Hinduja Global Q3 (Consolidated, YoY)

Revenue down 11.6% to Rs 1,064 crore versus Rs 1,204 crore.
Ebitda down 45% to Rs 63.6 crore versus Rs 115 crore.
Margin to 6% versus 9.6%.
Net loss to Rs 2.6 crore versus a profit of Rs 10.1 crore.

Jamna Auto Q3 Earnings

Revenue down 7% to Rs 562.5 crore versus Rs 604 crore.
Ebitda down 10.6% to Rs 77.1 crore versus Rs 86.3 crore.
Margin to 13.7% versus 14.3%.
Net profit down 20.2% to Rs 43.8 crore versus Rs 54.9 crore.

Kitex Garments Q3 Earnings (Consolidated, YoY)

Revenue up 68.3% to Rs 276 crore versus Rs 164 crore.
Ebitda up 62.3% to Rs 54.4 crore versus Rs 33.5 crore.
Margin to 19.7% versus 20.4%.
Net profit to Rs 41 crore versus Rs 15.1 crore.

Mahanagar Telephone Nigam Q3 Highlights (Consolidated, QoQ)

Revenue down 2.4% to Rs 170.07 crore versus Rs 174.23 crore.
Ebitda loss at Rs 128.08 crore versus Rs 119.29 crore.
Net loss at Rs 836.07 crore versus a loss of Rs 890.28 crore.

UFLEX Q3 Earnings (Consolidated, YoY)

Revenue up 12.8% to Rs 3,735 crore versus Rs 3,310 crore.
Ebitda up 37% to Rs 454 crore versus Rs 332 crore.
Margin at 12.2% versus 10%.
Net profit to Rs 137 crore versus a loss of Rs 67 crore.

Utkarsh Small Finance Bank Q3 (YoY)

Net loss to Rs 168 crore versus a profit of Rs 116 crore.
Total income up 16.8% to Rs 1,038 crore versus Rs 889 crore.
NII flat at Rs 480.13 crore versus Rs 482.3 crore.

Sudarshan Chemical Industries Q3 Highlights (Consolidated, YoY)

Revenue up 17.8% to Rs 666 crore versus Rs 566 crore.
Ebitda up 27.6% to Rs 78.9 crore versus Rs 61.9 crore.
Margin at 11.8% versus 10.9%.
Net profit down 96.5% to Rs 0.5 crore versus Rs 14.6 crore.

PTC Industries Q3 Highlights (Consolidated, YoY)

Revenue up 20.7% to Rs 66.9 crore versus Rs 55.4 crore.
Ebitda down 0.52% to Rs 15.3 crore versus Rs 15.3 crore.
Margin at 22.8% versus 27.7%.
Net profit up 76.2% to Rs 14.2 crore versus Rs 8.1 crore.

Polyplex Corp Q3 Highlights (Consolidated, YoY)

Revenue up 15.1% to Rs 1,721 crore versus Rs 1,495 crore.
Ebitda at Rs 121.13 crore versus Rs 49.72 crore.
Ebitda margin at 7% versus 3.3%.
Net profit to Rs 57.77 crore versus a loss of Rs 4.60 crore.

Stocks To Watch

JSW Energy: National Company Law Tribunal approved the company’s resolution plan for the KSK Mahanadi Power Company.
Zydus Lifesciences: The United States Food and Drug Administration closed its inspection at company’s API manufacturing plant at Ambernath, Maharashtra.
Vodafone Idea: All AGR related matters related to telecoms at the Supreme Court has been closed.
Uno Minda: The company is set to acquire a remaining 49.9% stake in its joint venture UnoMinda EV Systems Pvt. Ltd. from FRIWO Geratebau GmbH.
Alembic Pharmaceuticals: The company received a USFDA inspection report for Jarod Plant which classified it under Voluntary Action Indicated.
Bharat Heavy Electricals: The company received an order worth Rs 6,700 crore from Singareni Collieries Company for the engineering, procurement, and construction package for the Singareni Thermal Power Project.
Punjab National Bank: The bank raised Rs 2,950 crore via infra bonds.
Glenmark Pharmaceuticals: The USFDA conducted a GMP inspection at the company’s manufacturing facility in Madhya Pradesh from Feb. 3, 2025 to Feb. 14, 2025, and issued a Form 483 with five observations.

IPO Offerings

Hexaware Technologies: The public issue was subscribed to 2.66 times on day three. The bids were led by qualified institutional investors (9.09 times), non-institutional investors (0.2 times), retail investors (0.11 times), and employee reserved (0.32 times).
Quality Power Electrical Equipments: The public issue was subscribed to 0.62 times on day one. The bids were led by qualified institutional investors (0.54 times), non-institutional investors (0.82 times), and retail investors (0.57 times).

Insider Trading

Nahar Spinning Mills: Promoter Nahar Capital and Financial Services bought 17,695 shares between Feb 12 and 13.
Kilburn Engineering: Promoter Firstview Trading bought 17,337 shares on Feb 13.
Paisalo Digital: Promoter Equilibrated Venture Cflow Private Limited created a pledge for 30 lakh shares, Promoter Equilibrated Venture Cflow Private Limited bought 1.5 lakh shares.
Alembic Pharmaceuticals: Promoter Chirayu Ramanbhai Amin HUF bought 24,773 shares between Feb 12 and 13.
Solara Active Pharma Sciences: Promoter Pronomz Ventures LLP bought 34,000 shares on between Feb 4 and Feb 11.
Tarc: Promoter Muskaan Sarin bought 2 lakh shares on Feb 12.

Bulk Deals

Concord Enviro Systems: PGIM India Equity Growth Opportunities Fund sold 1.6 lakh shares (0.77%) at Rs 529.9.

Trading Tweaks

Price Band Change from 10% to 20%: Bajaj Healthcare, Pokarna.
Price Band Change from 20% to 10%: Excel Industries, Natco Pharma
Ex/dividend: Campus Activewear, Dalmia Bharat Sugar and Industries, Oil India, Ircon International, Garuda Construction and Engineering, IIFL Capital Services, Mrs. Bectors Food Specialities.
Moved into short-term ASM framework: Excel Industries, Natco Pharma, Orchid Pharma.
Moved out short-term ASM framework: Kalyan Jewellers India, Vakrangee, Wockhardt.

F&O Cues

Nifty Feb futures down by 0.59% to 22,995 at a premium of 66 points.
Nifty Feb futures open interest up by 0.65%.
Nifty Options Feb 20. Expiry: Maximum Call open interest at 25,500 and Maximum Put open interest at 22,000.
Securities in ban period: Deepak Nitrite.

Currency Update

The Indian rupee strengthened by six paise, closing at 86.83 against the US Dollar on Friday. This marks an improvement from Thursday’s close of 86.896. The rupee’s performance reflects positive market sentiment and potential support from the Reserve Bank of India.

At market open on Friday, the domestic currency strengthened by 5 paise against the US Dollar, opening at 86.84.

. Read more on Markets by NDTV Profit.The NSE Nifty 50 ended 102.15 points, or 0.44% lower at 22,929.25, and the 30-stock BSE Sensex closed 199.76 points, or 0.26% down at 75,939.21. Read MoreMarkets, Business, Notifications

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