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​It is a headwind from the macro. Secondly, competitive intensity, in the case of paints, is very high, which is also getting reflected in the last one quarter of, let us say, Asian Paints’ gross margin compression, that was a negative surprise.

Nifty Smallcap 250: The Nifty 50 and BSE Sensex gained 0.78% and 0.98%, respectively, by Tuesday afternoon, driven by optimism around the RBI’s liquidity-boosting measures. However, midcap and smallcap indices remained under selling pressure, reflecting broader market challenges despite the resilience shown by the benchmark indices.

Hyundai Motor Q3 Results: ​​The Q3FY25 revenue from operations for the Korean carmaker was Rs 16,648 crore, marking a 1.3% decrease from Rs 16,875 crore in the corresponding quarter of the previous financial year.

Global technology shares recovered some poise on Tuesday, but remained vulnerable after a rout sparked by the emergence of a low-cost Chinese artificial intelligence model made investors question the sky-high valuation and dominance of AI bellwethers.

Shares of ITC Hotels, the demerged hospitality unit of ITC Ltd, will list on January 29. Shareholders receive one ITC Hotels share for every 10 ITC shares held. Analysts expect the hotel business to perform well due to strong fundamentals, an asset-light model, and a robust expansion plan.

Maruti Suzuki Q3 revenue is expected to rise 17% YoY, with PAT growing 13% YoY, according to six brokerages. Maruti defied weak passenger vehicle demand, posting 13% YoY volume growth in Q3. Domestic sales increased 6% YoY, exports surged 38% YoY, and December 2024 marked a record 250,000 units sold, up 8% YoY.

CG Power shares dropped 12% amid high trading volumes, reaching Rs 522, driven by profit booking and sectoral weakness. Despite an 18.55% gain over the past year, the stock is down 25.77% YTD. Technical indicators show the stock is below key moving averages and has an RSI of 33, signaling potential oversold conditions.

As per the latest data for the December 2024 quarter, Dhawan has publicly disclosed stakes in approximately 12 companies, with a total value of around Rs 3,206 crore as of January 27.

Stocks of auto OEMs and component makers have fallen sharply due to FII sell-offs and earnings downgrade expectations. The upcoming Union Budget is anticipated to address industry demands for GST rate simplification, hybrid vehicle GST reduction, and improved PLI schemes. Despite superior 1-year returns, the BSE Auto index has struggled over the past six months.

TVS Motor Q3 Results: TVS Motor Company reported a 4.2% YoY growth in standalone net profit for Q3FY25, reaching Rs 618 crore. Revenue grew by 10% to Rs 9,097 crore. The company saw a significant rise in scooter and electric scooter sales while motorcycle sales showed a moderate increase.