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Trendlyne Marketwatch
06 Nov 2025, 04:05PM
Market closes lower, Godrej Properties' Q2 revenue beats Forecaster estimates by 68%
By Trendlyne Analysis

 

Nifty 50 closed at 25,509.70 (-88.0, -0.3%) , BSE Sensex closed at 83,311.01 (-148.1, -0.2%) while the broader Nifty 500 closed at 23,513.15 (-162.3, -0.7%). Market breadth is moving down. Of the 2,583 stocks traded today, 551 were on the uptick, and 1,997 were down.

Indian indices closed lower after extending losses throughout the day. The Indian volatility index, Nifty VIX, fell 1.9% and closed at 12.4 points. Aditya Birla Fashion closed 7.2% lower after its Q2FY26 net loss widened 69% YoY to Rs 295.1 crore, driven by higher costs following the Madura Fashion & Lifestyle demerger.

Nifty Smallcap 100 and Nifty Midcap 100 closed lower. Nifty Media and Nifty Metal were among the top index losers today. According to Trendlyne’s sector dashboard, Hotels, Restaurants & Tourism emerged as the worst-performing sector of the day, with a fall of 3.2%.

Asian indices closed mixed. European indices are trading lower, except for Spain’s IBEX 35, which is trading higher. US index futures are trading flat, indicating a cautious start to the trading session. Reports suggested that lawmakers in Washington could reach an agreement to end the government shutdown by this weekend. Meanwhile, AstraZeneca, Conoco Phillips, and Airbnb are set to report their results later today.

  • Money flow index (MFI) indicates that stocks like State Bank of India, Five-Star Business Finance, 3M India, and Navin Fluorine International are in the overbought zone.

  • Zydus Lifesciences' Q2FY26 net profit grows 38.1% YoY to Rs 1,258.6 crore, helped by a foreign exchange gain of Rs 414 crore. Revenue increases 16.9% YoY to Rs 6,123.2 crore, driven by improvements in the pharmaceuticals and consumer products segments. It features in a screener of stocks with improving book value over the past two years.

  • UPL rises as it posts a net profit of Rs 553 crore in Q2FY26, compared to a net loss of Rs 443 crore in Q2FY25, led by lower raw materials and finance costs. Revenue jumps 9.5% YoY to Rs 12,269 crore, owing to improvements in the crop protection, seeds & post harvest, and non-agro segments. It features in a screener of newly affordable stocks with good financials and durability.

  • Godrej Properties' Q2FY26 net profit jumps 20.8% YoY to Rs 405.1 crore, led by inventory destocking and lower finance costs. Revenue rises 44.8% YoY to Rs 1,950.1 crore during the quarter. It appears in a screener of stocks with the highest FII holdings.

  • Blue Star falls over 6% after the management slashes its FY26 revenue growth guidance to flat from 5% earlier, citing prolonged monsoons, unseasonal rains, and delays in GST cuts that have impacted the air-conditioning sector. The company has also revised the upper-end growth target for its unit control panel (UCP) segment to 7-7.5%.

  • CCL Products rises to its all-time high of Rs 1,004 as its net profit rises 36.4% YoY to Rs 101 crore in Q2FY26, on operational efficiency. Revenue surges 52.6% YoY to Rs 1,126.7 crore, driven by higher export volumes. It appears in a screener of stocks with a PEG lower than the industry PEG.

  • Aurobindo Pharma is falling as its Q2FY26 net profit misses Forecaster estimates by 4.1% despite growing 3.8% YoY to Rs 848.5 crore, helped by lower raw materials and finance costs. Revenue jumps 6% YoY to Rs 8,406.3 crore, supported by improvements in the US, European, and growth markets. It shows up in a screener of stocks with the highest increase in promoter pledges.

  • Medi Assist Healthcare Services is falling as its net profit plunges 62.2% YoY to Rs 8 crore in Q2FY26 due to higher employee benefit expenses and finance costs. However, revenue increases 28.6% YoY to Rs 232.5 crore, driven by improvement in the premium under management during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.

  • State Bank of India plans to divest a 6.3% stake in its mutual fund arm, SBI Funds Management (SBIMF), through an IPO. The Executive Committee of the Central Board of SBI has approved the sale of 3.2 crore shares. Meanwhile, promoter AMUNDI India Holding will offload 1.9 crore shares (3.7%). In total, 10% of SBIMF’s equity, or 5.1 crore shares, will be listed.

  • RBL Bank rises to its 52-week high of Rs 332 after Mahindra & Mahindra sells its entire 3.5% stake for Rs 682 crore via a block deal. The transaction was executed at an average price of Rs 321 per share. This comes after Emirates NBD's plan to acquire a 60% stake in the bank for $3 billion (Rs 2,664 crore).

  • Ola Electric Mobility is falling as its Q2FY26 revenue plunges 42.5% YoY to Rs 756 crore due to a reduction in 2-wheeler sales. However, net loss contracts 15.6% YoY to Rs 418 crore, owing to lower raw materials, inventory, and employee benefits expenses. It appears in a screener of stocks where promoters increased their pledged shares QoQ.

  • Aditya Birla Fashion falls sharply as its Q2FY26 net loss widens 69% YoY to Rs 295.1 crore driven by higher costs post the Madura Fashion & Lifestyle demerger. However, revenue rises 4.3% YoY to Rs 1,581.7 crore, missing Forecaster estimates by 19.6%. It appears in a screener of stocks with low Piotroski score.

  • Ashish Bharat Ram, Chairman and MD of SRF, says that US tariffs have created significant uncertainty, impacting exports to the US over the past three months. He expects 15% growth for the consolidated business and notes that the company will consider a demerger once the packaging business EBITDA surpasses Rs 1,000–1,200 crore.

  • TeamLease is rising as its net profit grows 12% YoY to Rs 28 crore in Q2FY26, driven by growth in specialised staffing and apprenticeships. Revenue rises 8% YoY to Rs 3,041 crore, driven by higher associate volumes and 11,000 net headcount additions. It appears in a screener of stocks with low debt.

  • Delhivery is falling sharply as it posts a net loss of Rs 50.4 crore in Q2FY26 compared to a net profit of Rs 10.2 crore in Q2FY25, due to higher freight, handling & servicing, employee benefits, and finance costs. However, revenue grows 14.8% YoY to Rs 2,651.5 crore, led by improvements in the express parcel and partial truckload (PTL) freight segments. It shows up in a screener of stocks underperforming their industry price change over the past quarter.

  • Redington rises as its Q2FY26 net profit surges 32% YoY to Rs 388 crore, beating Forecaster estimates by 2.4%. Revenue rises 17% YoY to Rs 29,118 crore, driven by strong momentum in its software and mobility solutions groups. It appears in a screener of profit-making companies with high ROCE and low PE.

  • India’s Services PMI slips to 58.9 in October from 60.9 in September, marking the slowest pace since May. Despite demand strength and GST relief supporting operating conditions, intense competition and heavy rains weighed on overall growth.

  • Motherson Sumi Wiring India is rising as its Q2FY26 net profit grows 8.7% YoY to Rs 165.3 crore, owing to lower finance costs and inventory destocking. Revenue jumps 18.5% YoY to Rs 2,762.7 crore, driven by new launches, premiumisation and volume growth. It features in a screener of stocks with prices above short, medium, and long-term moving averages.

  • Orkla India's shares debut on the bourses at a 2.8% premium to the issue price of Rs 730. The Rs 1,667.5 crore IPO received bids for 48.7 times the total shares on offer.

  • Blue Star is rising as its net profit grows 2.9% YoY to Rs 99 crore in Q2FY26. Revenue increases 6.4% YoY to Rs 2,422.4 crore, driven by higher sales from the electro-mechanical projects and commercial air conditioning systems segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the last quarter.

  • Nomura retains its 'Buy' rating on Mahindra & Mahindra with a higher target price of Rs 4,355. The brokerage projects SUV volumes to grow 18% in FY26 and 11% in FY27, supported by upcoming battery-electric (BEV), ICE, and hybrid launches. It expects EBITDA margins to improve to 15.3% by FY28, with EV margins turning positive as the full electric lineup benefits from the PLI scheme.

  • Caplin Point Laboratories is rising as its Q2FY26 net profit grows 18.1% YoY to Rs 154.5 crore, owing to lower inventory expenses. Revenue increases 12% YoY to Rs 564.4 crore, led by improvements in the USA and the rest of the world markets. It appears in a screener of stocks with rising revenue for the past eight quarters.

  • CSB Bank is rising as its net profit grows 15.8% YoY to Rs 160.3 crore in Q2FY26. Revenue increases 28.3% YoY to Rs 1,109.2 crore, driven by improvements in the treasury, retail and wholesale banking segments during the quarter. The bank's asset quality improves as its net NPA declines by 17 bps YoY.

  • Sun Pharma is rising as its net profit grows 2.6% YoY to Rs 3,118 crore in Q2FY26, helped by lower material costs. Revenue increases 8.9% YoY to Rs 14,478.3 crore, driven by strong demand in India and emerging markets during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • Britannia Industries rises sharply as its Q2FY26 net profit grows 23.1% YoY to Rs 654.5 crore, helped by lower inventory and employee benefits expenses. Revenue jumps 3.8% YoY to Rs 4,892.7 crore during the quarter. It features in a screener of stocks with low debt.

  • Nifty 50 was trading at 25,666.70 (69.1, 0.3%), BSE Sensex was trading at 83,579.29 (120.1, 0.1%) while the broader Nifty 500 was trading at 23,705.85 (30.4, 0.1%).

  • Market breadth is neutral. Of the 2,181 stocks traded today, 1,017 showed gains, and 1,080 showed losses.

Riding High:

Largecap and midcap gainers today include Bajaj Holdings & Investment Ltd. (13,139, 8.7%), Astral Ltd. (1,566.10, 6.7%) and Asian Paints Ltd. (2,602.90, 4.7%).

Downers:

Largecap and midcap losers today include Grasim Industries Ltd. (2,700.10, -6.3%), Indian Hotels Company Ltd. (697, -6.2%) and Hindalco Industries Ltd. (788.40, -5.2%).

Volume Shockers

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

Top high volume gainers on BSE included Redington Ltd. (289.95, 15.9%), International Gemmological Institute (India) Ltd. (367.70, 9.7%) and CCL Products India Ltd. (973.10, 9.5%).

Top high volume losers on BSE were Delhivery Ltd. (442.60, -8.7%), Aditya Birla Fashion and Retail Ltd. (78.08, -7.2%) and Blue Star Ltd. (1,785.50, -6.9%).

Bajaj Holdings & Investment Ltd. (13,139, 8.7%) was trading at 23.0 times of weekly average. Astral Ltd. (1,566.10, 6.7%) and LMW Ltd. (15,709, -0.4%) were trading with volumes 12.8 and 7.7 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

13 stocks overperformed with 52 week highs, while 12 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - 3M India Ltd. (35,790, -0.3%), Bharat Petroleum Corporation Ltd. (367.95, -1.3%) and CCL Products India Ltd. (973.10, 9.5%).

Stocks making new 52 weeks lows included - Finolex Cables Ltd. (769.95, -2.2%) and Just Dial Ltd. (753.30, -0.7%).

10 stocks climbed above their 200 day SMA including Redington Ltd. (289.95, 15.9%) and Bajaj Holdings & Investment Ltd. (13,139, 8.7%). 50 stocks slipped below their 200 SMA including Blue Star Ltd. (1,785.50, -6.9%) and Sheela Foam Ltd. (671.50, -6.4%).

 
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