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Trendlyne Marketwatch
11 Aug 2025, 03:56PM
Market closes higher, L&T wins an order worth over Rs 15,000 crore from Adani Power
By Trendlyne Analysis

 

Nifty 50 closed at 24,585.05 (221.8, 0.9%), BSE Sensex closed at 80,604.08 (746.3, 0.9%) while the broader Nifty 500 closed at 22,633.45 (190.3, 0.9%). Market breadth is horizontal. Of the 2,525 stocks traded today, 1,270 showed gains, and 1,215 showed losses.

Indian indices closed higher after extending gains in the afternoon session. The Indian volatility index, Nifty VIX, rose around 1.6% and closed at 12.2 points. Larsen & Toubro closed 1.7% higher as it secured a contract worth over Rs 15,000 crore from Adani Power for the design, engineering, supply, and commissioning of eight thermal power units, each with a capacity of 800 MW.

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. Nifty FMCG and Nifty Metal closed higher. According to Trendlyne’s sector dashboard, Commercial Services & Supplies emerged as the best-performing sector of the day, with a rise of 2%.

European indices are trading mixed. Major Asian indices closed mixed. US index futures are trading flat or higher, indicating a cautious start to the session. NVIDIA and Advanced Micro Devices reportedly agree to pay 15% of their China chip sale revenues to the US government as part of a deal to secure export licenses for their products.

  • Relative strength index (RSI) indicates that stocks like Cummins India, Fortis Healthcare, JK Cement, and Global Health are in the overbought zone.

  • Ipca Laboratories is falling as its Q1FY26 net profit misses Forecaster estimates by 12.9% despite rising 21.3% YoY to Rs 233.2 crore. Revenue increases 10.3% YoY to Rs 2,308.9 crore, driven by higher sales in the formulations and active pharmaceutical ingredients segments during the quarter. The company appears in a screener of stocks with improving cash flow from operations over the past two years.

  • Ceigall India is falling as its net profit declines 33% YoY to Rs 53.2 crore in Q1FY26 due to higher construction and finance costs. However, revenue increases 1.9% YoY to Rs 838.2 crore, driven by improvements in the annuity projects and engineering, procurement and construction (EPC) segments during the quarter. The company appears in a screener of stocks underperforming their industry price change over the past quarter.

  • Zydus Lifesciences receives final approval from the US FDA for its Diltiazem Hydrochloride tablets, used to treat high blood pressure. The drug had a market size of $13.9 million in the US as of June 2025.

  • According to data released by the Association of Mutual Funds in India (AMFI), mutual funds' net equity inflows rise 81% MoM to Rs 42,70 crore in July. Meanwhile, total assets under management(AUM) increase by 1% MoM, reaching Rs 75.10 lakh crore in July. 

  • Patel Engineering rises sharply as its Q1FY26 net profit grows 67.2% YoY to Rs 80 crore, helped by lower finance costs. Revenue jumps 12.9% YoY to Rs 1,272 crore, driven by an improvement in the civil construction segment. It appears in a screener of stocks with low debt.

  • Info Edge’s net profit rises 27.1% YoY to Rs 295.9 crore in Q1FY26. Revenue increases 21.3% YoY to Rs 1,004 crore, driven by strong growth in its non-recruitment portfolio. The company appears in a screener of stocks where mutual funds increased their shareholding during the past quarter.

  • Larsen & Toubro secures an ultra-mega contract worth over Rs 15,000 crore from Adani Power. The work involves the design, engineering, supply, and commissioning of eight thermal power units, each with a capacity of 800 MW.

  • General Insurance Corp of India (GIC Re) asks general insurers to increase premiums in the motor, health and commercial lines segments. The national reinsurer states that it will provide reinsurance support only if premiums in motor and commercial lines are increased by 10-12% and 32-25%, respectively, and if costs are reduced in the health segment.

  • Afcons Infrastructure is rising sharply as its Q1FY26 net profit jumps 50% YoY to Rs 137.4 crore, led by lower raw materials expenses. Revenue grows 6.4% YoY to Rs 3,419.1 crore, attributed to strong order inflow and execution. It features in a screener of stocks with dividend yield greater than sector dividend yield.

  • Puravankara is falling as it posts a net loss of Rs 67.7 crore in Q1FY26 compared to a profit of Rs 15.1 crore in Q1FY25, due to higher sub-contractor costs and lower inventory destocking. Revenue declines 20.3% YoY to Rs 524.4 crore during the quarter. The company appears in a screener of stocks with decreasing return on assets (RoA) over the past two years.

  • DOMS Industries surges as its net profit rises 10.5% YoY to Rs 57.3 crore in Q1FY26. Revenue increases 26.4% YoY to Rs 562.3 crore, driven by higher sales in the stationery and hygiene segments during the quarter. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past two months.

  • Anshuman Singhania, MD of JK Tyre, highlights the company’s target to achieve double-digit revenue growth in FY26 with margins around 12.5-13%. He notes that the US constitutes 3% of its topline and expects minimal impact due to tariff uncertainty. Singhania adds that the company plans premiumisation for products across its portfolios.

  • Power Mech Projects' Q1FY26 revenue rises 28.3% YoY to Rs 1,304.7 crore on strong order execution. Net profit declines 12.6% YoY to Rs 52.5 crore due to higher finance and employee costs. The company appears in a screener of stocks with low debt.

  • Siemens is rising as its Q1FY26 revenue beats Forecaster estimates by 1.9% after growing 14.1% YoY to Rs 4,470.9 crore, helped by improvements in the smart infrastructure, mobility, and low voltage motors segments. However, net profit declines 26.8% YoY to Rs 422.9 crore due to higher raw materials, inventory, project, and employee benefits expenses. It appears in a screener of stocks with improving cash flow from operations over the past two years.

  • Voltas' Q1FY26 revenue falls 19.6% YoY to Rs 4,020.6 crore due to lower demand for its unitary cooling products segment. Net profit declines 58% YoY to Rs 140.4 crore on higher raw material costs. The company features in a screener of stocks with zero promoter pledge.

  • Macquarie maintains its ‘Outperform’ rating on Trent with a target price of Rs 7,200. The brokerage remains confident in the company’s ability to diversify growth and leverage its supply chain and design capabilities. It also notes Trent’s expansion into new cities and believes it is well-positioned for sustained growth.

  • Home First Finance rises as around 1.1 crore shares (10.6%) worth approximately Rs 1,307 crore reportedly change hands in a block deal at an average price of Rs 1,190 per share. Orange Clove Investments BV is likely the seller in the transaction.

  • Jupiter Wagons secures a Rs 242.4 crore order from GATX to supply 583 specialised wagons. The contract includes the supply of container carrier wagons and high-capacity open wagons.

  • PG Electroplast falls as 1 crore shares (3.7%) worth approximately Rs 526 crore reportedly change hands in a block deal at an average price of Rs 500 per share.

  • Antique Stock Broking maintains its ‘Buy’ rating on Cummins India with a higher target price of Rs 4,325. The brokerage highlights that the company is the market leader in the diesel genset space, with a strong four-year track record. It believes the company’s domestic business remains robust, led by data center, real estate and infrastructure demand. Antique also notes the sharp recovery in exports despite geopolitical challenges.

  • Genus Power Infrastructure's Q1FY26 net profit surges 2.8x YoY to Rs 137.3 crore, helped by inventory destocking. Revenue jumps 118.5% YoY to Rs 964.1 crore during the quarter. It features in a screener of stocks with decreasing promoter pledge.

  • Lemon Tree Hotels is rising as its net profit surges 93.5% YoY to Rs 38.3 crore in Q1FY26, helped by lower finance costs. Revenue increases 17.8% YoY to Rs 315.8 crore, driven by improvements across its hotel portfolio during the quarter. The company appears in a screener of stocks outperforming their industry price change over the past quarter.

  • Concord Biotech is falling as its net profit declines 26.1% YoY to Rs 44.1 crore in Q1FY26 due to higher material, power, and fuel costs. Revenue decreases 5.5% YoY to Rs 204 crore due to irregular customer procurement during the quarter. The company appears in a screener of stocks with PE ratio higher than the industry average.

  • Tata Motors is falling as its Q1FY26 net profit declines 29.5% YoY to Rs 3,924 crore due to higher raw materials and employee benefits expenses. Revenue decreases 3.4% YoY to Rs 1.1 lakh crore, caused by reductions in the commercial vehicle, passenger vehicle and Jaguar Land Rover segments. It shows up in a screener of stocks where promoters are decreasing their shareholdings.

  • Nifty 50 was trading at 24,401.50 (38.2, 0.2%), BSE Sensex was trading at 79,885.36 (27.6, 0.0%) while the broader Nifty 500 was trading at 22,455.35 (12.2, 0.1%).

  • Market breadth is in the red. Of the 2,054 stocks traded today, 861 were gainers and 1,117 were losers.

Riding High:

Largecap and midcap gainers today include PB Fintech Ltd. (1,860.60, 5.2%), Adani Enterprises Ltd. (2,283.40, 4.8%) and Supreme Industries Ltd. (4,350, 4.8%).

Downers:

Largecap and midcap losers today include Voltas Ltd. (1,245.20, -4.6%), Ipca Laboratories Ltd. (1,336.70, -3.6%) and Linde India Ltd. (6,215, -2.5%).

Volume Rockets

26 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included HBL Engineering Ltd. (683.95, 14.0%), DOMS Industries Ltd. (2,503.20, 9.4%) and Sai Life Science Ltd. (893.25, 7.9%).

Top high volume losers on BSE were PG Electroplast Ltd. (506, -14.1%), Action Construction Equipment Ltd. (1,008.60, -6.5%) and Amber Enterprises India Ltd. (6,912.50, -6.0%).

Voltas Ltd. (1,245.20, -4.6%) was trading at 8.7 times of weekly average. Sun TV Network Ltd. (567.90, 3.3%) and Afcons Infrastructure Ltd. (424.90, 4.5%) were trading with volumes 8.5 and 7.9 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

7 stocks overperformed with 52 week highs, while 5 stocks tanked below their 52 week lows.

Stocks touching their year highs included - eClerx Services Ltd. (4,108.90, 0.0%), Fortis Healthcare Ltd. (920.65, 2.6%) and Indian Bank (674, 3.6%).

Stocks making new 52 weeks lows included - Sun TV Network Ltd. (567.90, 3.3%) and Minda Corporation Ltd. (462, 0.7%).

12 stocks climbed above their 200 day SMA including Varroc Engineering Ltd. (522.35, 2.2%) and NHPC Ltd. (83.45, 2.0%). 28 stocks slipped below their 200 SMA including Akzo Nobel India Ltd. (3,452.80, -5.3%) and Motherson Sumi Wiring India Ltd. (38.28, -2.1%).

 
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