It’s a heavy earnings day for Indian markets, with several major companies releasing their Q2 FY26 results, while others continue to react to previous announcements.
Shares of Delhivery fell 7%, and Kaynes Technology slipped 2% after reporting their quarterly earnings.
Meanwhile, Ola Electric came under selling pressure as the company cut its guidance for the upcoming quarters.
Epack Durables Ltd. shares crashed 10% after posting a net loss of ₹8.5 crore, compared to ₹6.1 crore in the same period last year.
This came despite a sharp rise in other income to ₹4.7 crore from just ₹0.7 crore a year ago.
Also Read: Ola Electric Q2 FY26 Results: Loss Narrows Despite Revenue Drop
On the other hand, Redington Ltd. shares surged 12% after reporting strong year-on-year growth.
The Software Solutions Group (SSG) grew 48% YoY, driven by cloud, software, and cybersecurity demand.
The Mobility Solutions Group (MSG) posted 18% YoY growth, led by strong smartphone sales and new product launches.
Margins remained stable at around 2%.
Key companies releasing their results include:
Apollo Hospitals, LIC, UPL, Bajaj Housing Finance, Mankind Pharma, Lupin, Godrej Properties, NHPC, ABB India, Birlasoft, and Aarti Industries.
Investors are also reacting to previous results from Sun Pharma, Britannia, Paytm, IndiGo, and Berger Paints among others.
As the Q2 FY26 earnings season enters a crucial phase, investors are keeping a close eye on sectoral trends and post-result stock movements. The market remains volatile amid mixed performances across sectors.
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