Latest Stock Market News

Markets regulator Sebi on Friday proposed measures to make it easier for investors to dematerialise physical shares and transfer them, especially those lodged before April 1, 2019.

India Cements Ltd (ICL), now part of the Aditya Birla Group firm, on Friday reported a consolidated net profit of Rs 8.81 crore in the September quarter of FY26.

Reliance Industries’ Q2 net profit grew 10% YoY to Rs 18,165 crore, led by strong performance in telecom and retail segments, despite a dip in sequential profit and challenges in the O2C business.

Shares of Wipro are in focus after the company reported its Q2 FY26 results, posting a 1.2% YoY rise in consolidated net profit to Rs 3,246 crore, slightly below Street estimates of Rs 3,279 crore. ADRs fell 2.25% to $2.7, but after-hours trading saw a 1.12% gain, reflecting cautious investor reaction.

Sify Infinit Spaces, part of Sify Group, has filed draft papers with Sebi for India’s first data center IPO worth ₹3,700 crore. Proceeds will fund expansions in Chennai and Navi Mumbai, debt repayment, and general corporate purposes.

JSW Energy reported a 17% year-on-year fall in consolidated net profit to Rs 705 crore for Q2, despite a 60% revenue surge to Rs 5,177 crore. EBITDA increased by 67% YoY to Rs 3,180 crore, driven by renewable capacity additions. The company affirmed its healthy balance sheet and credit ratings, with installed capacity at 13.2 GW.

Persistent Systems’ stock jumped 8% after reporting robust Q2 results, including sequential revenue growth, 16.3% operating margin, record $609.2 million order bookings, and a healthcare recovery driving FY26 growth.

Polycab India reported a strong Q2 FY26 with a 55.65% YoY surge in net profit to Rs 692.96 crore, driven by a 17.8% YoY revenue increase to Rs 6,477.21 crore. The Wires and Cables segment was the primary growth driver, while the FMEG division showed steady momentum despite challenges in the fan category.

Indian markets ended at 52-week highs on Friday led by FMCG, auto, and banking stocks. Adani Power, Ola Electric, and Whirlpool surged on positive developments, while Yes Bank, Wipro, and Infosys declined after mixed news and earnings updates.