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Following this, the top 100 listed entities began verifying market rumours from June 1 this year, while an additional 150 (or top 250) listed entities will follow suit from December 1 onwards.

Nykaa Q2 Results: Revenue from operations in the reporting period rose 24% year-on-year (YoY) to Rs 1,875 crore. The company posted an EBITDA growth of 29% YoY to Rs 104 crore in the reporting quarter, while margins improved 18 bps to 5.5%.

Nisus Finance Services has received Bombay Stock Exchange approval for its IPO, offering 65 lakh equity shares. Proceeds will enhance infrastructure, obtain licenses, fund expansion in global hubs, and support general corporate purposes and fundraising costs.

B L Kashyap & Sons reported Q2FY25 revenue of Rs 275.67 crore and net profit of Rs 10.87 crore. The company plans to expand its order book to Rs 3,500-4,000 crore by April 2025, focusing on high-margin projects in key sectors.

Hindalco Industries will delay the IPO of its US subsidiary Novelis until market conditions improve and performance meets expectations for premium valuations. The company also plans $4-5 billion in capital expenditure for Indian upstream projects over the next three years.

After refiling their IPO documents in August, the companies gained regulatory approval between November 4 and 8. Their shares will be listed on the BSE and NSE

Indian indices reversed gains, closing lower due to declines in banking, financial, and auto stocks, amid weak earnings and foreign outflows. Nifty 50 dropped 1.07%, Sensex fell 1.03%.

Shares of Hyundai Motor India fell 2.7% to Rs 1,772.45 on Tuesday after the company reported a 16% YoY decline in consolidated net profit for the September 2024 quarter, which stood at Rs 1,375 crore.

The rupee hit a low of 84.4125 before ending at 84.3925, unchanged from its closing level in the previous session. The currency has fallen to record lows for five straight sessions.

The stock traded at a P/E multiple of 101.83, while the price-to-book value ratio stood at 6.27.