Asian Paints stock topped chart with a 4.07% surge to Rs. 2,882.40, following strong quarterly earnings. At the same time, Jio Financial stock advanced by 2.02% to Rs. 315.75, and IndiGo (Interglobe Aviation) rose by 1.90% to end at Rs. 5,905.50.
Tata Steel shares jumped 1.81% to Rs. 181.85 after the company posted a 272% increase in consolidated net profit to Rs. 3,102 crore for the quarter ended September. While IT sector was under pressure, the Nifty IT index slipped 0.17% to 36,793.25. While BSE Smallcap index still resisted and was up 0.20% to 53,363.77.
Biocon rose 3.26% to Rs 419.60 after the retained its ‘buy’ rating with a target price of Rs 455. The brokerage said the company repaid structured debt from Goldman Sachs and Kotak using the money generated from its recent share sale, and it will pay off Edelweiss dues by January 2026. This interest cost relief should aid the company in focusing on scaling the biosimilars business.
Pfizer surged 5.08% to Rs. 5,275 after the company said its quarterly profit jumped 19.4% to Rs. 189 crore. Sudarshan Chemical Industries rose 3.86% to Rs. 1,070.10, its biggest single-day gain in 15 weeks.
On the negative side, Eterna , dropping 1.47%, followed by ONGC, which fell 1.26% to Rs. 250.65. SpiceJet continued to struggle as well, with the airline reporting widened losses of Rs. 621.3 crore for the quarter.
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