Stock Market News

Q2 Results Live: BSE, Parag Milk Rally; Awfis, Surya Roshni Decline

The earnings season continues to keep investors on edge as several major companies announce their Q2 FY26 results, driving sharp movements across the stock market.

Market Movers Post Q2 Earnings

Among the top gainers, BSE Ltd surged up to 6% after the exchange operator reported an earnings beat, signaling stronger-than-expected financial performance. Similarly, Parag Milk Foods and Kirloskar Oil Engines witnessed double-digit gains, rising between 10% to 15%, as investors cheered their quarterly performance.

However, the day also brought some notable losers. Awfis Space Solutions tumbled 10%, marking its sharpest fall since August 2025. Meanwhile, Surya Roshni dropped 8% despite reporting strong results, indicating that investors may have already priced in the positive numbers or were booking profits after recent gains.

“Despite healthy Q2 numbers, some stocks faced selling pressure due to valuation concerns and profit-booking,” a market watcher noted.

Also Read: Tenneco Clean Air IPO Opens for Bidding: Key Details for Investors

Big Names Set to Report Today

The mid-point of this earnings season brings focus on some heavyweight results. Asian Paints, India’s largest paint manufacturer, and Tata Steel, one of the biggest players in the steel industry, are scheduled to report their Q2 FY26 results today.

In addition to these giants, several other prominent companies will also declare their financial performance, including:

  • Ashok Leyland

  • Indraprastha Gas Ltd (IGL)

  • Hindustan Aeronautics Ltd (HAL)

  • Cochin Shipyard

  • Honasa Consumer (parent of Mamaearth)

  • Senco Gold

  • PN Gadgil Jewellers

  • Mrs. Bectors Food Specialities

  • Deepak Nitrite

  • Jyothy Labs

  • Info Edge (India)

These upcoming earnings will likely set the tone for the broader market direction in the coming days, as investors gauge corporate health across sectors.

Highlights So Far

  • BSE shares jump 6% on Q2 earnings beat.

  • Parag Milk Foods and Kirloskar Oil Engines rally 10–15% post-results.

  • Awfis Space Solutions slumps 10%, the biggest drop since August 2025.

  • Surya Roshni falls 8% despite a strong quarterly performance.

  • Key results awaited from Asian Paints, Tata Steel, and others.

Market Outlook

With the final week of the Q2 earnings season underway, volatility is likely to persist as investors react to company-specific results and management commentary. While some firms are delivering robust earnings surprises, others are witnessing sharp corrections — reflecting a mixed market sentiment driven by both optimism and caution.

Investors will be closely tracking the results of large-cap names like Asian Paints and Tata Steel, as their performance could influence near-term sector trends and overall market direction.

Stay tuned for Q2 Results Live Updates as more companies report their financial performance throughout the day.

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Pradeep Sangatramani

Pradeep Sangatramani, founder and CEO of NiftyTrader, is an IIM Calcutta alumnus with a background in engineering. Passionate about the stock market from early on, he spent years studying its dynamics and working in roles focused on market analysis, trading tools, and financial data. Realising the challenges traders face in accessing user-friendly tools, he built NiftyTrader to offer data-driven, easy-to-use solutions. Committed to transparency and education, Pradeep actively shares insights through articles and webinars, aiming to empower traders at all levels.

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