By Admin 
Stocks in focus: There was a tremendous rise in the stock market on Tuesday due to the trade deal between America and India. Analysts say that after the selloff that started in Nifty after the announcement of increasing STT on F&O trading in the budget, now the sharp rise in it indicates a possible change in the short-term trend as the index has regained its important moving average.
As far as today is concerned, the GIFT Nifty stock market is indicating a weak start. GIFT NIFTY is showing a decline of 51.50 points or 0.20 percent. Nifty futures are trading around the level of 25,813.50. In today’s business, shares of many companies like Trent, BPCL, Bajaj Finance, Mankind Pharma, Apollo Tires are going to be in focus for different reasons.
Quarterly results of these companies will come
Shares of Trent, NHPC, Tube Investments, Hexaware Technologies and Apollo Tires will be in focus as these companies will declare their third quarter results today.
Bajaj Finance
After the market closed on Tuesday, Bajaj Finance announced its financial results for the third quarter of business year 2026. During this period, there was a decline of 6 percent in the consolidated net profit of the company as compared to the same quarter last year. With this, the company’s profit stood at Rs 4,066 crore. This decline in profits is mainly due to increased ECL provision and one-time charge of the new labor code. After adjusting these, profit increased by 23 percent to Rs 5,317 crore.
Mankind Pharma
Indian pharmaceutical company Mankind Pharma also announced its third quarter results on Tuesday. In the quarter ended December 31, the company’s consolidated net profit has increased from Rs 380 crore to Rs 409 crore ($45.3 million). The main reason for the profit of this company, which manufactures Gas-O-Fast antacid tablets and Manforce condoms, is the strong domestic demand for the medicines manufactured by the company used in the treatment of chronic diseases.
BPCL
State-run refiner Bharat Petroleum (BPCL) has increased its capital expenditure plan by 35 per cent to Rs 25,000 crore for the coming financial year, driven by aggressive growth in petrochemicals. Whereas its competitors Indian Oil and ONGC have cut their investment budget.
Pidilite Industries
Pidilite Industries on Tuesday reported a 12 per cent increase in its consolidated net profit at Rs 624 crore for the third quarter ending December 2025. The company had earned a profit of Rs 557 crore in the third quarter of the last financial year. Pidilite Industries manufactures adhesives, sealants and construction chemicals.
AB Capital
Aditya Birla Capital also announced its December quarter results on Tuesday. During this period, its consolidated net profit increased by 33 percent to Rs 945 crore. This is more than last year’s Rs 708 crore. The impact of the quarterly results can be seen on the company’s shares today.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read:
Why were agriculture and dairy sectors kept out of the trade deal? Know why these are sensitive areas?