Market trades lower, ABB India's Q2FY26 net profit declines 7% YoY

By Trendlyne Analysis

Nifty 50 was trading at 25,527.75 (18.1, 0.1%), BSE Sensex was trading at 83,307.93 (-3.1, 0%) while the broader Nifty 500 was trading at 23,544.55 (31.4, 0.1%). Market breadth is in the red. Of the 2,539 stocks traded today, 1,175 were gainers and 1,303 were losers.

Nifty 50 opens in the red after losing over 75 points in the pre-opening. On Thursday, Indian indices closed lower after extending losses throughout the day. FIIs sold shares worth Rs 3,263.2 crore, while DIIs bought shares worth Rs 5,283.9 crore.

Nifty Midcap 100 & Nifty Smallcap 100 open in the red, following the benchmark index. Nifty Pharma and Nifty Healthcare Index open higher. Investors await for the Q2FY26 results for companies such as Aarti Drugs, AIA Engineering and Bajaj Auto.

Major US indices closed in the red on Thursday, while European indices closed lower. Asian indices are trading in the red. US tech giants Nvidia, Dell, and AMD fell sharply as valuation concerns resurfaced after a brief rebound a day earlier. In contrast, Arm Holdings advanced after its fiscal Q3 outlook beat estimates, supported by robust AI-driven spending across the tech sector.

Pricol rises sharply as its Q2FY26 net profit grows 41.9% YoY to Rs 64 crore. Revenue rises 52% YoY to Rs 987.9 crore, driven by higher sales volumes. It appears in a screener of stocks with annual profits improving over the last two years.
NHPC is falling as its Q2FY26 net profit misses Forecaster estimates by 12.9% despite growing 12.4% YoY to Rs 1,021.4 crore, helped by lower power generation, employee benefits, and finance costs. Revenue jumps 6.7% YoY to Rs 3,630 crore during the quarter. It shows up in a screener of stocks with declining RoE over the past two years.
Crompton Greaves falls to its 52-week low of Rs 269.1 as its net profit declines 29.3% YoY to Rs 91 crore due to higher commodity prices and advertising expenses. Revenue for the quarter remains flat at Rs 1,916 crore, despite the impact of prolonged monsoons. It appears in a screener of stocks with expensive valuations according to the Trendlyne valuation score.
Linde India is rising as its net profit surges 60.7% YoY to Rs 171 crore in Q2FY26, helped by lower power and fuel costs. Revenue increases 1.5% YoY to Rs 644.2 crore, driven by higher sales from the gases, related products & services segment during the quarter. The company appears in a screener of stocks with improving book value per share over the past two years.
ABB India falls as its net profit declines 7.2% YoY to Rs 409 crore due to higher raw materials and employee benefit expenses. Revenue rises 13.7% YoY to Rs 3,285.3 crore during the quarter. It appears in a screener of stocks with a PEG greater than the industry PEG.
Nuvama maintains a 'Buy' rating on Aurobindo Pharma with a lower target price of Rs 1,420. The brokerage notes that the company’s Q2 results were largely in line with expectations. It notes that the US base business remains stable, while European operations continue to perform well. Nuvama expects a breakeven in China and a ramp-up at the Penicillin G (Pen-G) plant. Over the medium term, it sees biosimilars and the CDMO segment as key growth drivers.

#MarketsWithBS | #Nuvama Institutional Equities retained its ‘Buy’ rating on #AurobindoPharma after #Q2FY26 results met expectations.

FY26E EPS cut by 5%, FY27 outlook retained. Target price revised to ?1,420, indicating 25% upside. Revenue rose 6.3% YoY, PAT 3.8%, margin… pic.twitter.com/RrQ3YSK24l
— Business Standard (@bsindia) November 7, 2025
Bharat Heavy Electricals rises as it bags an engineering, procurement & construction (EPC) order worth Rs 6,650 crore from NTPC to set up an 800 MW thermal plant in Odisha.
Welspun Enterprises rises as it bags a letter of award (LoA) worth Rs 3,145 crore from Brihanmumbai Municipal Corp (BMC) to set up a 910 million litres per day (MLD) water treatment plant (WTP).
Cummins India surges to its all-time high of Rs 4,495 as its Q2FY26 net profit jumps 38.5% YoY to Rs 622.3 crore. Revenue grows 26% YoY to Rs 3,293 crore, led by improvements in the engines and lubricants segments. It features in a screener of stocks with rising net cash flow and cash from operating activities.
Nomura maintains a 'Buy' rating on Titan with a higher target price of Rs 4,500. The brokerage notes that steady demand and festive strength drove 18.8% YoY growth in jewellery sales, aided by gold exchange offers and promotions despite high prices. However, it cautions about risks from elevated gold prices, rising regional competition, and growing demand for lab-grown diamonds.

Thumbs Up!#RekhaJhunjhunwala-backed #Tata stock gets target price upgrade from #Nomura #ETMarkets https://t.co/vvp3nx4c9T pic.twitter.com/oS34pC7qol

— ETMarkets (@ETMarkets) November 7, 2025
Paradeep Phosphates is rising as its Q2FY26 net profit surges 50.2% YoY to Rs 341.9 crore. Revenue jumps 79.2% YoY to Rs 6,913.9 crore during the quarter. It appears in a screener of strong-performing, under-the-radar stocks.
Studds Accessories' shares debut on the bourses at a 3.4% discount to the issue price of Rs 585. The Rs 455.5 crore IPO received bids for 73.3 times the total shares on offer.
Aarti Industries surges as its net profit doubles YoY to Rs 106 crore in Q2FY26, helped by an exceptional gain of Rs 22 crore. Revenue increases 29.1% YoY to Rs 2,101 crore, driven by higher volumes in its methyl methacrylate (MMA) segment during the quarter. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past two months.
According to the Federation of Automobile Dealers Associations (FADA), India’s auto sales surge 40.5% YoY to an all-time high of 40.2 lakh units in October, driven by strong monsoon, GST 2.0 & rural resurgence. Two-wheeler sales grow 51.7% YoY to 31.5 lakh units, while commercial vehicle (CV) sales edge up 17.7% YoY to 1.1 lakh units.

#NewsAlert | FADA October data shows record retail auto sales, up 40.5%, boosted by GST 2.0 and rural demand@FADA_India #FADA #AutoSales #RetailGrowth pic.twitter.com/4OEfwTop56

— ET NOW (@ETNOWlive) November 7, 2025
Apollo Hospitals Enterprise's Q2FY26 net profit grows 26% YoY to Rs 477.2 crore, owing to lower inventory and finance costs. Revenue rises 13% YoY to Rs 6,358.2 crore, supported by improvements in the healthcare services, retail health & diagnosis, and digital health & pharmacy distribution segments. It appears in a screener of stocks with increasing revenue for the past three quarters.
Life Insurance Corp of India is rising as its Q2FY26 net profit jumps 30.7% YoY to Rs 10,098.5 crore, helped by lower commissions and employee benefits expenses. Revenue grows 4.4% YoY to Rs 2.4 lakh crore, led by an improvement in the life non-participating insurance segment. It features in a screener of affordable stocks with high RoE and momentum.
Lupin is rising as its net profit surges 73.3% YoY to Rs 1,477.9 crore in Q2FY26, helped by net gain on foreign currency transactions. Revenue increases 24.2% YoY to Rs 7,047.5 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.
Mankind Pharma is falling as its Q2FY26 net profit declines 21.7% YoY to Rs 511.5 crore due to higher raw materials, inventory, employee benefits, finance, and depreciation & amortisation expenses. However, revenue grows 18.9% YoY to Rs 3,789 crore, driven by improvements in the domestic and international markets. It shows up in a screener of stocks with low Piotroski scores.
Nifty 50 was trading at 25,378.15 (-131.6, -0.5%), BSE Sensex was trading at 83,049.82 (-261.2, -0.3%), while the broader Nifty 500 was trading at 23,383.60 (-129.6, -0.6%).
Market breadth is moving down. Of the 2,097 stocks traded today, 546 were gainers and 1,491 were losers.

Riding High:

Largecap and midcap gainers today include Life Insurance Corporation of India (927.90, 3.6%), Adani Enterprises Ltd. (2,395.80, 3.5%) and IDBI Bank Ltd. (100.56, 3.4%).

Downers:

Largecap and midcap losers today include ABB India Ltd. (5,015, -4.1%), Bharti Airtel Ltd. (2,011, -4%) and Suzlon Energy Ltd. (57.42, -3.7%).

Volume Rockets

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

Top high volume gainers on BSE included L&T Finance Ltd. (300.45, 9.2%), Swan Corp Ltd. (473.10, 8.6%) and Aarti Industries Ltd. (407, 4.2%).

Top high volume losers on BSE were Amber Enterprises India Ltd. (7,102, -9.3%), ABB India Ltd. (5,015, -4.1%) and PG Electroplast Ltd. (528, -4.0%).

Minda Corporation Ltd. (593.80, 3.6%) was trading at 11.8 times of weekly average. Linde India Ltd. (5,901, 1.0%) and Bharti Airtel Ltd. (2,011, -4%) were trading with volumes 9.7 and 8.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks overperformed with 52 week highs, while 14 stocks hit their 52 week lows.

Stocks touching their year highs included - Bank of India (143.94, 2.7%), CCL Products India Ltd. (1,020.75, 4.9%) and Cummins India Ltd. (4,293.70, -0.5%).

Stocks making new 52 weeks lows included - Finolex Cables Ltd. (768.20, -0.2%) and Indian Hotels Company Ltd. (690.35, -1.0%).

11 stocks climbed above their 200 day SMA including Swan Corp Ltd. (473.10, 8.6%) and Shyam Metalics and Energy Ltd. (876.20, 4.4%). 42 stocks slipped below their 200 SMA including Amber Enterprises India Ltd. (7,102, -9.3%) and JK Lakshmi Cement Ltd. (833.25, -4.3%).