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Trendlyne Marketwatch
12 Aug 2025, 03:57PM
Market closes lower, MRF's Q1 net profit falls 10.8% YoY to Rs 511.3 crore
By Trendlyne Analysis

 

 

Nifty 50 closed at 24,487.40 (-97.7, -0.4%), BSE Sensex closed at 80,235.59 (-368.5, -0.5%) while the broader Nifty 500 closed at 22,568.60 (-64.9, -0.3%). Market breadth is balanced. Of the 2,492 stocks traded today, 1,193 were on the uptrend, and 1,247 went down.

Indian indices closed lower after switching between gains and losses throughout the day. The Indian volatility index, Nifty VIX, rose 0.1% and closed at 12.2 points. Bata India closed 4% in the red as its net profit plunged 70.1% YoY to Rs 52 crore in Q1FY26 due to a high base in Q1FY25. Revenue decreases marginally by 0.3% YoY to Rs 941.9 crore.

Nifty Smallcap 100 closed flat, while Nifty Midcap 100 closed higher. Nifty Pharma closed in the green, while Nifty Financial Services closed lower. According to Trendlyne’s sector dashboard, Healthcare Equipment & Supplies emerged as the worst-performing sector of the day, with a fall of 2%.

European indices are trading mixed. Major Asian indices closed in the green, except South Korea’s KOSPI and Thailand’s SET indices, which closed 0.5% lower, each. US index futures are trading mixed, indicating a cautious start to the session as investors await the latest inflation data. President Trump nominates economist EJ Antoni for the new commissioner of the US Bureau of Labour Statistics.

  • Money flow index (MFI) indicates that stocks like Fortis Healthcare, HBL Power Systems, eClerx Services, and Cummins India are in the overbought zone.

  • Alkem Laboratories rises sharply as its revenue grows 11.2% YoY to Rs 3,371.1 crore in Q1FY26, driven by a 2.9% volume growth. Net profit surges 21.8% YoY to Rs 664.3 crore during the quarter. It shows up in a screener of stocks with improving book value per share over the past two years.

  • Gland Pharma receives US FDA approval for its abbreviated new drug application (ANDA) for Cangrelor injection, used to prevent blood clots. According to IQVIA, the drug had a market size of $122 million in June 2025.

  • MRF's net profit falls 10.8% YoY to Rs 511.3 crore in Q1FY26, due to higher raw materials, inventory and depreciation & amortisation expenses. However, revenue increases 6.7% YoY to Rs 7,675.7 crore during the quarter. The company appears in a screener of stocks where mutual funds decreased their shareholding over the past quarter.

  • Saugata Gupta, the MD of Marico, highlights the company’s target to deliver double-digit domestic growth over the next two quarters, driven by its core franchises and expansion of new businesses. He projects revenue growth of 25% in FY26, and mid-teens growth in its international business.

  • Technocraft Industries is falling as its net profit declines 1.3% YoY to Rs 79.4 crore in Q1FY26 due to higher finance costs and employee benefit expenses. However, revenue increases 2% YoY to Rs 632.9 crore, driven by improvements in the yarn and engineering segments during the quarter. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past quarter.

  • Som Distilleries’ Q1 FY26 revenue rises 3.2% YoY to Rs 530 crore due to higher price realisation and growth in Indian-made foreign liquor (IMFL) volumes. Net profit increases 1.6% YoY to Rs 41.2 crore due to lower finance costs. The company appears in a screener of stocks with rising revenue for three consecutive quarters.

  • Enviro Infra Engineers’ Q1FY26 revenue rises 20.1% YoY to Rs 249.1 crore on strong order execution. Net profit increases 36.1% YoY to Rs 41.9 crore due to lower finance costs. The firm appears in a screener of stocks with zero promoter pledge.

  • Ashish Gaikwad, MD of Praj Industries, highlights that Q1FY26 was a challenging quarter for the company. He expects muted performance in Q2, with a recovery starting from the third quarter. He adds that the company’s order intake has been impacted by tariff uncertainty, and remains cautiously optimistic. Gaikwad also outlines plans to expand into new export markets, including Europe and Latin America.

  • Sansera Engineering is rising as its Q1FY26 net profit grows 25.5% YoY to Rs 62.2 crore, owing to lower finance costs and inventory destocking. Revenue increases 4.5% YoY to Rs 778 crore, driven by improvements in the Indian and European markets. It appears in a screener of stocks with rising profits for the past four quarters.

  • Titagarh Rail Systems’ Q1FY26 revenue falls 24.5% YoY to Rs 690.9 crore due to lower railway wagon deliveries. Net profit declines 53.9% YoY to Rs 30.8 crore. The company appears in a screener of stocks where mutual funds increased their shareholding during the past quarter.

  • Praj Industries' Q1FY26 revenue falls 8.8% YoY to Rs 648.7 crore due to weak demand for its bio-energy segment. Net profit declines 93.7% YoY to Rs 5.3 crore on higher depreciation and other expenses. The company appears in a screener of stocks with no debt.

  • Goldman Sachs initiates coverage on Hyundai Motor India with a ‘Buy’ rating and a target price of Rs 2,600. The brokerage highlights the company is well-positioned to launch new products and grow its market share as it expands its manufacturing capacity. It believes Hyundai could benefit from a recovery in the domestic car market and rate cuts that may boost big-ticket spending.

  • Time Technoplast's Q1FY26 net profit grows 19.9% YoY to Rs 95.1 crore, helped by lower inventory and finance costs. Revenue rises 10% YoY to Rs 1,353.6 crore, led by improvements in the polymer products and composite products segments. It features in a screener of stocks with improving returns on equity (RoE) over the past two years.

  • Inox Green Energy rises as it signs an agreement with a major Indian conglomerate for operations and maintenance (O&M) of 182 MW wind projects. The deal includes upgrading O&M for 82 MW of wind projects and renewing O&M ahead of schedule for another 100 MW.

  • KNR Constructions is falling sharply as its Q1FY26 net profit drops 28.5% YoY to Rs 123.4 crore due to higher construction and finance costs. Revenue drops 36.6% YoY to Rs 638 crore during the quarter. It shows up in a screener of stocks with medium to low Trendlyne momentum scores.

  • HSBC upgrades Info Edge to ‘Buy’ with a target price of Rs 1,670. The company reported low billings and weak margins in Q1; however, the brokerage views the quarter as a “cyclical bottom” and expects the business to improve. It notes that the company is diversifying its portfolio, and highlights growth in the non-recruitment segments. HSBC projects low-to mid-teens long-term growth for the core business.

  • Highway Infrastructure's shares debut on the bourses at a 64.3% premium to the issue price of Rs 70. The Rs 130 crore IPO received bids for 300.6 times the total shares on offer.

  • Medi Assist Healthcare rises as 1.1 crore shares (15.6%) worth approximately Rs 578 crore reportedly change hands in a block deal at an average price of Rs 523 per share. Bessemer India, the company's promoter entity, is likely the seller in the transaction.

  • Indian Hotels rises after its board approves the acquisition of a 51% stake in ANK Hotels and Pride Hospitality to expand its midscale brand, Ginger, to 250 hotels. Both ANK Hotels and Pride Hospitality operate under the Clarks Hotels & Resorts brand, which has a combined portfolio of 135 hotels across India.

  • Nuvama notes that equity net inflows surged 80% MoM to an all-time high of Rs 56,540 crore in July. The brokerage highlights strong SIP inflows and expects earnings recovery for AMCs (Asset Management Companies) and RTAs (Registrar and Transfer Agents). It names HDFC AMC and Nippon Life Asset Management as its top picks in the space.

  • Lloyds Enterprises' board of directors approves the rights issue of 25.4 crore shares worth Rs 992 crore at a price of Rs 39 per share.

  • Ashoka Buildcon is rising as its Q1FY26 net profit jumps 44.6% YoY to Rs 217.4 crore, driven by lower raw materials, construction, employee benefits, and depreciation & amortisation expenses. However, revenue declines 22.4% YoY to Rs 1,937 crore due to reductions in the construction & contract and build, operate & transfer (BOT) projects segments. It features in a screener of newly affordable stocks with good financials and durability.

  • Bata India is falling as its net profit plunges 70.1% YoY to Rs 52 crore in Q1FY26 due to a high base in Q1FY25 from a Rs 134 crore gain from the sale of land. Revenue decreases marginally by 0.3% YoY to Rs 941.9 crore during the quarter. The company appears in a screener of stocks with PE ratio higher than the industry average.

  • Astral's Q1FY26 net profit declines 32.6% YoY to Rs 81.1 crore, impacted by higher material costs and employee benefit expenses. Revenue decreases 1.6% YoY to Rs 1,361.2 crore due to lower sales in the plumbing segment during the quarter. The company appears in a screener of stocks underperforming their industry price change over the past quarter.

  • Nifty 50 was trading at 24,574 (-11.1, 0.0%), BSE Sensex was trading at 80,508.51 (-95.6, -0.1%) while the broader Nifty 500 was trading at 22,631.50 (-2.0, 0.0%).

  • Market breadth is in the green. Of the 2,009 stocks traded today, 1,269 were on the uptrend, and 685 went down.

Riding High:

Largecap and midcap gainers today include Alkem Laboratories Ltd. (5,149, 6.3%), Jindal Stainless Ltd. (713.15, 5.1%) and Biocon Ltd. (354.90, 3.7%).

Downers:

Largecap and midcap losers today include Astral Ltd. (1,269.30, -8.1%), Rail Vikas Nigam Ltd. (329.45, -3.8%) and GlaxoSmithKline Pharmaceuticals Ltd. (2,588.70, -3.7%).

Movers and Shakers

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

Top high volume gainers on BSE included Sonata Software Ltd. (373.60, 13.3%), Star Cement Ltd. (290.62, 10.2%) and Alkem Laboratories Ltd. (5,149, 6.3%).

Top high volume losers on BSE were Astral Ltd. (1,269.30, -8.1%), Praj Industries Ltd. (413.60, -7.1%) and Action Construction Equipment Ltd. (943.40, -6.5%).

SJVN Ltd. (97.99, 5.4%) was trading at 12.1 times of weekly average. Bata India Ltd. (1,135.80, -4.0%) and Himadri Speciality Chemical Ltd. (469.30, 5.1%) were trading with volumes 9.3 and 6.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

6 stocks hit their 52 week highs, while 3 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Fortis Healthcare Ltd. (931.65, 1.2%), Star Cement Ltd. (290.62, 10.2%) and Hitachi Energy India Ltd. (20,695, -0.7%).

Stocks making new 52 weeks lows included - Bata India Ltd. (1,135.80, -4.0%) and Praj Industries Ltd. (413.60, -7.1%).

17 stocks climbed above their 200 day SMA including Alkem Laboratories Ltd. (5,149, 6.3%) and Maharashtra Seamless Ltd. (679.95, 4.0%). 10 stocks slipped below their 200 SMA including Redington Ltd. (235.80, -2.8%) and Neuland Laboratories Ltd. (12,979, -2.4%).

 
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