U.S. F-35 shoots down Iranian drone near Abraham Lincoln carrier

by Hansraj Agrawal | Feb 3, 2026 | Business

The U.S. military shot down an Iranian Shahed-139 drone approaching the Abraham Lincoln aircraft carrier in the Arabian Sea on Tuesday.
| Photo Credit:
JUMANA EL HELOUEH

The ‍U.S. military on Tuesday shot down
an Iranian drone that “aggressively” approached the Abraham
Lincoln aircraft carrier in the ‌Arabian Sea, the U.S. military
said, in an incident first reported by Reuters.

The Iranian Shahed-139 drone was flying toward the carrier
“with unclear intent” and was shot down by an F-35 U.S. fighter
jet, it said.

“An F-35C fighter jet from Abraham Lincoln shot down the
Iranian drone in self-defense and to protect the aircraft
carrier and personnel on ⁠board,” said Navy Captain Tim Hawkins,
a spokesperson at the U.S. military’s Central Command.

No American service members were harmed during the incident
and no U.S. equipment ⁠was damaged, he added.

The incident came as diplomats sought to arrange nuclear
talks between Iran and the United States, and U.S. President
Donald Trump warned ‌that with U.S. warships heading toward Iran,
“bad things” ‌would probably happen if a deal could not be
reached.

The Lincoln carrier strike group ‍is the most visible part of
a U.S. military buildup in the Middle East following a violent
crackdown against ‍anti-government demonstrations last month, the
deadliest domestic unrest in Iran since its 1979 revolution.

Trump, who stopped short of carrying out threats to
intervene during the crackdown, has since demanded Tehran make
nuclear concessions and sent a flotilla to its coast. He said
last week Iran was “seriously talking,” while Tehran’s top
security official, Ali Larijani, ⁠said arrangements for
negotiations were under way.

The U.S. military’s Central Command said in another incident
on Tuesday, hours later in the Strait of Hormuz, Iran’s ⁠Islamic
Revolutionary Guard Corps forces harassed a U.S.-flagged,
U.S.-crewed merchant vessel.

“Two IRGC boats and an Iranian Mohajer drone approached M/V
Stena Imperative at high speeds and threatened to board and
seize the tanker,” ⁠Hawkins said.

Published on February 3, 2026

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S&P 500 and Nasdaq fall as tech stocks slide; Walmart hits trillion market value

S&P 500 and Nasdaq fall as tech stocks slide; Walmart hits $1 trillion market value

by Hansraj Agrawal | Feb 3, 2026 | Business

The S&P 500 software index dropped 3.3%, logging its fifth consecutive day of losses, while small- and mid-cap indices saw gains of around 0.6–0.9%. Investors are wary of the crowded AI-driven rally and its impact on long-term growth.
| Photo Credit:
JEENAH MOON

The S&P 500 and the Nasdaq dropped on
Tuesday as a ‌broad selloff in software and cloud stocks blunted
upbeat results from Palantir and kept investors on edge ahead of
earnings from Alphabet and Amazon later this week.

Microsoft fell 2.3%, while Intuit and
Atlassian slid more than 8% each. Adobe and
Datadog dropped 6% each and Oracle slipped 2%.

CrowdStrike sank 3.8% and Snowflake dropped 8.2%,
while Salesforce lost 5.6% and Accenture was
down 8.6%.

Palantir , however, bucked the trend, rising
4.4% on strong results that reinforced investor enthusiasm for
demand tied to AI.

The S&P 500 software and services index dropped
3.3%, on pace to log its fifth consecutive day of losses.

The retreat in high-flying software names followed fresh
unease about how quickly newer, more capable artificial
intelligence models could disrupt established businesses –
reviving questions over whether ⁠today’s perceived AI winners can
protect pricing power and long-term growth.

“We’ve got an expensive market and expectations are
really high. Many areas, especially around AI, are priced for
perfection. That’s just got us in a skittish environment,”
said John Campbell, senior portfolio manager, Allspring Global
Investments.

Of late, concerns that the AI-driven rally has become
crowded have ⁠sparked a rotation into small caps and other
overlooked pockets of the market.

The Russell 2000, which beat the S&P 500 in
January, was up 0.9% on the day, while the mid-cap S&P 400
gained 0.9% and the small-cap S&P 600 added
0.6%.

Ben Falcone, managing director at Kayne Anderson Rudnick,
said the small-cap lens offered ‌a compelling counter-narrative –
less about capex arms races and more about who quietly turns AI
into durable ‌earnings growth.

Investors were also still digesting a sharp selloff in gold
and silver following the nomination of former Federal Reserve
Governor Kevin Warsh, a development traders viewed as hawkish.

Away ‍from technology, Walmart became the first
retailer ever to hit $1 trillion in market valuation, with its
shares rising 2.2%.

Among mega-cap movers, Alphabet edged up 0.1%,
while Amazon dropped 2.4%.

Both the companies – members of the “Magnificent Seven” –
are due to report later ‍this week. Their results are another
gauge of the race to commercialize AI and whether companies can
show clearer, tangible returns on surging capital spending that
can support their lofty price tags.

Advanced Micro Devices and server maker Super Micro
Computer, both due to report after the close, fell over
0.5% each.

Meanwhile, Walt Disney named theme parks head Josh
D’Amaro as CEO, placing a longtime insider at the helm and
ending succession uncertainty. Its shares dipped 1.8%.

PayPal forecast 2026 profit below estimates,
sending its shares plunging 18.4%.

At 11:12 a.m. ET, the Dow Jones Industrial Average
rose 41.07 points, or 0.08%, to 49,448.73, the S&P 500
lost 31.21 points, or 0.45%, to 6,945.23 and the Nasdaq
Composite lost 240.62 points, ⁠or 1.02%, to 23,351.49.

EARNINGS DELUGE

With one quarter of the S&P 500 set to report quarterly
results this week, analysts expect companies to have grown their
earnings nearly 11% in the December quarter, up from an estimate
of about 9% at the start of January, according to LSEG data.

Pfizer shares ⁠fell 3.6% despite posting
fourth-quarter profit above estimates, while Merck rose
1.4% after quarterly results.

PepsiCo shares gained 3%, with the brand announcing
a price cut on core brands such as Lay’s and Doritos.

Markets were also watching for a deal that is due to be
passed by the House of Representatives later in the day to end
the latest shutdown that has again thrown economic releases off
schedule, delaying the ⁠closely watched January jobs report that
had been due on Friday.

Tuesday’s JOLTS report has also been postponed.

Published on February 3, 2026

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Myanmar earthquake triggers tremors across Kolkata, northeast India

by Hansraj Agrawal | Feb 3, 2026 | Business

. IMD officials said the earthquake’s epicentre was located in Myanmar and efforts are underway to ascertain precise details. Authorities continue to monitor the situation for any further seismic activity.

Tremors were felt across Kolkata and its adjoining areas on Tuesday evening, after an earthquake of magnitude 6 with its epicentre in Myanmar jolted parts of eastern and northeastern India, an IMD official said.

A section of residents in high-rise buildings and office employees said they experienced the aftershocks of the quake, which struck Myanmar at around 9.04 pm and lasted for a few seconds.

There were no immediate reports of any damages or injuries on account of the temblor.

“The epicentre of the earthquake was somewhere in Myanmar. We are ascertaining the details of the quake,” the official said.

Later, the IMD said in a statement that the quake occurred at a depth of 27 km, “having latitude: 20.42 North and longitude: 93.88 East”.

Published on February 3, 2026

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Walmart becomes first retailer to reach trillion market valuation

Walmart becomes first retailer to reach $1 trillion market valuation

by Hansraj Agrawal | Feb 3, 2026 | Business

Despite challenges including inflation, a cooling job market, tariffs, and uncertainty from the U.S. government shutdown, the Bentonville-based retailer has outpaced the S&P 500, which rose 16% over the same period, underscoring its resilience in a challenging economic environment.
| Photo Credit:
Brendan McDermid/Reuters

Walmart became the first retailer ‍ever
to hit $1 trillion in market valuation on Tuesday, riding ‌on a
year-long rally that has seen its shares rise nearly 26%.

The latest milestone for the company came just two weeks
after Walmart replaced British drugmaker AstraZeneca
in the tech-focused ⁠Nasdaq-100 Index, home to the
most valuable non-financial companies listed on the index.

The ⁠Bentonville, Arkansas-based chain has cashed in on
wealthier consumers choosing the convenience of ‌faster
deliveries and flocking to ‌the retailer for discretionary
categories, such as apparel ‍and furniture.

U.S. households, particularly low- and middle-income
earners, have ‍been under mounting financial strain for some time
due to persistent inflation and a cooling job market. Tariffs
and uncertainty surrounding the recent U.S. government shutdown
have ⁠also weighed on spending.

Despite the challenging backdrop, Walmart’s stock has
outpaced the 16% ⁠rise in the benchmark S&P 500.

Published on February 3, 2026

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Sugar stockpiles 11% YoY lower in India despite surplus production

by Hansraj Agrawal | Feb 3, 2026 | Business

Sugar stock in India as on January 31 was estimated to be 11 per cent lower at 74.49 lakh tonnes (lt) from 84.61 lt in the year-ago period, despite 17 per cent higher production and 4 per cent lower consumption during October-January of the current sugar season.

Industry experts said that sugar mills should think about other alternatives as their cash flow is not going to improve either from ethanol or from sugar, potentially forcing them to fend for themselves.

“There are 20 lt less crushing of sugarcane this year in Uttar Pradesh and the recovery rate is still below 10 per cent. Besides, there was marginal 3 per cent drop in the State’s sugar output during January when the crushing is at its peak,” said an industry expert, adding there could be a shock from UP this season though smaller in scale from what was experienced in Maharashtra last year.

Sale price hike

Asked about the lower stock, he said the opening stock this season was less than 50 lt against nearly 80 lt in 2024-25 season and the gap of 30 lt is very large, which need not have to be covered entirely as 65-70 lt of opening stock is good enough.

The government has neither accepted the industry’s demand to raise the minimum selling price (MSP) of sugar nor there was any additional indent for ethanol to be made from sugarcane-based feedstock. Only, sugar export to the tune of 15 lt has been allowed till September 30, which is higher from 10 lt permitted in 2024-25 season (October-September).

According to the Food Ministry’s data, domestic sugar sales in India, as per the quota allocated by it is expected to drop 3.5 per cent to 110.5 lt between October 2025 and February 2026 from 114.5 lt in the corresponding period of 2024-25.

Institutional offtake

A study on “Sugar Consumption in India” commissioned by Indian Sugar & Bio-Energy Manufacturers Association (ISMA) and released in September 2025 projected consumption to grow steadily at a 1.5-2 per cent CAGR from the 2024-25 season to 2029-30, driven primarily by growth in end-use industries

“Institutional sugar consumption is expected to maintain dominance, with retail consumption showing relatively flat growth amidst health trends and diabetes awareness. Within institutional segments, beverages expected to continue moderated growth, alongside growing demand for ice cream and confectionery,” it had said.

On the other hand, the domestic sugar production in the 2025-26 season has reached 193.05 lt as of January 31, from 165.3 lt year-ago. Maharashtra has reported an output of 78.95 lt, which is 42.3 per cent higher than 55.5 lt, Uttar Pradesh 55.1 lt from 52.7 lt (up by 4.6 per cent) and Karnataka 36.6 lt from 33.1 lt (up 10.6 per cent), according to data compiled by the National Federation of Cooperative Sugar Factories Ltd (NFCSF), the industry body of cooperatives.

The industry data also show that the sugar production in UP, the largest sugarcane grower, has slipped 3.2 per cent to 19.45 lt during last month from 20.1 lt in January 2025. While millers attribute lower crushing of sugarcane – 559.39 lt Oct-Jan from 579.12 lt year-ago – was due to late start of mills and more cane going to gur and jaggery units, farmers complain about lower yield of crop.

Published on February 3, 2026

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Q3 Results 03rd Feb Highlights: Adani Enterprises, Adani Ports, Solar Industries profit soar, MobiKwik turns profitable in Q3, AWL Agri profit down, Bharat Coking Coal records Rs 23 cr loss, Bajaj Finance, Pidilite to announce Q3 results

by Hansraj Agrawal | Feb 3, 2026 | Business

Two investors are working together with analyzing the stock data graphs in the paper and viewing the data on the laptop screen. istock photo for BL
| Photo Credit:
wutwhanfoto

3 Results Today, 03rd Feb 2026 Highlights: Find all the latest Q3 results 2026 updates of Bajaj Finance, Adani Ports and Special Economic Zone, Adani Enterprises, Pidilite Industries, Solar Industries India and more.

Q3 RESULTS TODAY: KEY HIGHLIGHTS | STOCKS IN ACTION

Adani Enterprises: Posts ₹6,295.99 crore profit Q3FY26 vs ₹534.59 crore YoY
Adani Ports: Q3 Dec 2025 profit rises to ₹3,042.93 crore YoY, while standalone profit falls to ₹286.62 crore.
One Mobikwik Systems: Net profit at Rs 6.68 crore in Q3FY26 compared to Rs 52.4 crore loss last year.
Bharat Coaking Coal: Logs loss of Rs 22.88 crore in Q3FY26.
AWL Agri Business’ consolidated net profit in Q3FY26 down 34.5% to Rs 269.03 crore.
Cholamandalam Investment, Bajaj Housing Finance, RailTel, Hyundai, SAIL and GAIL are among the stocks that react to Q3 results.
Stay tuned for Q3 updates on Bajaj Finance, Pidilite Industries, Solar Industries India and more.

February 3, 2026 20:34

Nazara Tech Q3 Results Live: Nazara Tech Q3 profit tanks 35.3% to ₹8.84 cr

The revenue from operations tanked 24 per cent year-on-year to nearly Rs 406 crore, as per a BSE filing.

The net profit for Q3FY26 stood at Rs 8.84 crore, 35.3 per cent drop over the corresponding period of the previous fiscal year.
February 3, 2026 20:29

Triveni Turbine Q3 Results Live: Triveni Turbine profit dips to ₹91.7 crore in Q3

“The consolidated PAT excluding exceptional items and share of result from JV (net of tax) stood at Rs 1,043 million (Rs 104.3 crore) in Q3 FY 26 versus Rs 926 million (Rs 92.6 crore) in Q3 FY25 (up by 12.76 per cent YoY),” the company said in a statement.
February 3, 2026 20:28

HFCL Q3 Results Live: HFCL profit jumps 42% to ₹102 crore in October-December

Domestic telecom gear maker HFCL said its consolidated profit after tax climbed over 42 per cent to Rs 102.37 crore in the third quarter ended December 2025, citing improved revenue and growth in exports.

The company posted a consolidated profit after tax of around Rs 72 crore in the same period a year ago.
February 3, 2026 20:26

Aditya Birla Capital Q3 Results Live: Profit jumps 33% to ₹945 cr in Q3

The financial services arm of the diversified Aditya Birla Group, had reported a net profit of Rs 708 crore in the year-ago period.

On a standalone basis, the non-bank lender reported a 29 per cent increase in profit after tax for the reporting quarter at Rs 772 crore.
February 3, 2026 19:59

Aether Industries Q3 Results Live: Aether Industries Q3 consolidated profit up 49% at ₹64.5 cr

The company’s PAT stood at Rs 43.4 crore in the corresponding quarter of the previous fiscal, Aether Industries said in a regulatory filing.

Revenue from operations increased by 44 per cent at Rs 317.1 crore during the quarter under review as compared to Rs 219.7 crore in the same period of the previous year.
February 3, 2026 19:58

Kansai Nerolac Paints Q3 Results Live: Kansai Nerolac Paints Q3 Consol Net Profit ₹121 crore
February 3, 2026 19:56

AWL Agri Business Q3 Results Live: AWL Agri Business Q3 profit down 35% to ₹269 cr

The company had reported a net profit of ₹410.93 crore for the same quarter previous fiscal, according to a regulatory filing.

Total income rose to ₹18,734.82 crore in October-December FY26 from ₹16,905.55 crore a year ago.
February 3, 2026 19:55

Pidilite Industries Q3 Results Live: Pidilite Industries Q3 consol net profit at ₹618 crore

Consolidated revenue from operations at ₹371 crore
February 3, 2026 19:35

Saregama India Q3 Results Live: Saregama India Q3 profit declines 17.8% to ₹51.2 cr

Music record company Saregama India reported a 17.8 per cent drop in consolidated profit to Rs 51.24 crore during the December quarter, impacted by its ‘live event’ business.

It had posted a net profit of ₹62.34 crore in the year-ago period, according to a regulatory filing from Saregama India, an RPSG Group company.
February 3, 2026 18:14

Mankind Pharma Q3 Results Live: Mankind Pharma profit rises 9.5% to ₹414 cr in Q3

Mankind Pharma posted a 9.5 per cent increase in consolidated profit after tax to ₹414 crore for the December quarter, led by strong performance in the domestic market.

The company reported a profit after tax (PAT) of ₹378 crore in the October-December period last year.

Revenue from operations increased to ₹3,567 crore during the quarter under review as against ₹3,199 crore in the year-ago period, Mankind Pharma said in a statement.
February 3, 2026 17:53

JK Lakshmi Cement Q3 Results Live: JK Lakshmi Cement Q3 Net Pat at ₹58.12 crore
February 3, 2026 17:24

Bajaj Finance Q3 Results Live: Bajaj Finance Q3 Consol Net Profit at ₹3,978 crore
February 3, 2026 16:50

Adani Enterprises Q3 Results Live: Adani Enterprises Q3 profit surges 90-fold to ₹5,627 crore on asset sale gains

Adani Enterprises Q3 profit surges 90-fold to ₹5,627 crore on asset sale gains

Adani Enterprises’ Q3 profit soars 90-fold to ₹5,627 crore, driven by asset sales, while revenue and EBITDA show mixed results.
February 3, 2026 16:46

BCCL Q3 Results Live: Coal India arm BCCL posts ₹22.8 crore loss in Q3

Coal India arm BCCL posts ₹22.8 crore loss in Q3

BCCL reports a ₹22.8 crore loss in Q3, down from ₹424.99 crore profit last year amid declining revenues.
February 3, 2026 16:30

Firstsource Solutions Q3 results live: Q3 profit falls

Firstsource Solutions reported standalone net profit of Rs 58.8 crore in December 2025 compared to Rs 147.9 crore in the same quarter last year.

Declared an interim dividend of Rs 5.50 per share.
February 3, 2026 16:22

Mankind Pharma Q3 results live:

Mankind Pharma reported standalone net profit of Rs 449.47 crore in December 2025 compared to Rs 405.45 crore in the same quarter last year.
February 3, 2026 16:21

Aditya Birla Capital Q3 results live:

Aditya Birla Capital reported standalone net profit of Rs 740.30 crore in December 2025 compared to Rs 613.39 crore in the same quarter last year.

Board approved fund raising via NCDs aggregaditn gto Rs 1,65,000 cr.
February 3, 2026 16:07

Bharat Coking Coal Q3 results live:

Bharat Coking Coal reported a net loss of Rs 22.88 crore in December 2025 compared to Rs 424.99 crore profit in the same quarter last year.
February 3, 2026 16:07

Stock market live updates: Sensex, Nifty end higher

Sensex ended 2072.67 pts or 2.54% higher at 83,739.13, and Nifty 50 settled 639.15 or 2.55% higher at 25,727.55.
February 3, 2026 15:15

Kamat Hotels (I) Q3 results live: Q3 profit declines

Kamat Hotels (I) reported standalone net profit for the quarter ended December 2025 stood at Rs 15.24 crore compared to Rs 25.15 crore in the same quarter last year.

Shares fell over 8% to Rs 198.39 on the NSE.
February 3, 2026 15:05

Solar Industries India Q3 results live: Q3 profit up

Solar Industries India reported standalone net profit for the quarter ended December 2025 stood at Rs 329.45 crore compared to Rs 204.42 crore in the same quarter last year.

Shares surged over 3% on the NSE to Rs 13,610
February 3, 2026 14:57

Adani Enterprises Q3 results live: Key operational highlights

Screenshot 2026-02-03 145636.png
February 3, 2026 14:48

Adani Ports Q3 results live:

Adani Ports shares up 8.9% on 21% jump in Q3 profit

Adani Ports and Special Economic Zone Limited (APSEZ) reported a profit after tax of ₹3,043 crore for the third quarter ended December 31, 2025, up 21 per cent from ₹2,518 crore in the same period last year.
February 3, 2026 14:44

Adani Enterprises Q3 results live: Q3 profit jumps

Adani Enterprises posted standalone net profit for the quarter ended December 2025 at Rs 6,295.99 crore compared to Rs 534.59 crore in the same quarter last year.

Shares traded 11% higher on the NSE at Rs 2,211.80
February 3, 2026 14:39

AWL Agri Q3 results live: Key highlights

Screenshot 2026-02-03 143851.png
February 3, 2026 14:32

NMDC Q3 results live: Q3 profit declines

NMDC posted standalone net profit for the quarter ended December 2025 at Rs 1,738.07 crore compared to Rs 1,943.51 crore in the same quarter last year.

Board declared an interim dividend of Rs 2.50 per share.

Board also approved proposal of Incorporation of a Wholly-Owned Subsidiary (WOS) of NMDC Limited for the acquisition, exploration, production & other related activities of critical minerals, subject to approval of Ministry of Steel, DIPAM and any other authority as may be required.

Shares flat at Rs 81.23 on the NSE
February 3, 2026 14:16

Saregama India Q3 results live:

Saregama India posted standalone net profit for the quarter ended December 2025 at Rs 52.85 crore compared to Rs 61.43 crore in the same quarter last year.

Shares down 2% on the NSE to Rs 322.30
February 3, 2026 14:13

TSF INVESTMENTS Q3 results live:

TSF INVESTMENTS posted standalone net profit for the quarter ended December 2025 at Rs 44.47 crore compared to Rs 11.55 crore in the same quarter last year.

Board approved interim dividend of Rs 6.70 per share.

Shares traded 5% higher at Rs 452.15 on the NSE.
February 3, 2026 14:10

Cholamandalam Investment Q3 results live:

Cholamandalam Investment and Finance on track to reach FY26 AUM growth targets, says CFO

CIFCL reported a net profit of ₹1,288 crore in the quarter ended December 2025 (Q3FY26), up 19% from ₹1,087 crore in the same quarter last year
February 3, 2026 14:07

Kalyani Steels Q3 results live:

Kalyani Steels reported standalone net profit for the quarter ended December 2025 at Rs 61.31 crore compared to Rs 55.4 crore in the same quarter last year.
February 3, 2026 14:06

Gabriel India Q3 results live:

Gabriel India reported standalone net profit for the quarter ended December 2025 at Rs 65.63 crore compared to Rs 53.96 crore in the same quarter last year.

Shares traded at Rs 889.35 on the NSE, down 3.55%.
February 3, 2026 14:04

Adani Ports Q3 results live:

Adani Ports also appointed group insider Sreedhar Krishna Menon as its chief financial ⁠officer. He will be replacing D. Muthukumaran, who has held the role since 2022 and will move to another role within the Adani group, the company said.
February 3, 2026 13:43

Aether Energy Q3 results live: Key highlights

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February 3, 2026 13:34

Aether Industries Q3 results live: Q3 profit rises

Aether Industries posted standlone net profit for the quarter ended December 2025 at Rs 51.9 crore as against Rs 40.85 crore in the same quarter last year.

Shares traded flat at Rs 1,031.30 on the NSE.
February 3, 2026 13:25

Adani Ports and Special Economic Zone Q3 results live: Mixed Q3

Adani Ports and Special Economic Zone posted consolidated net profit for the quarter ended December 2025 at Rs 3,042.93 crore as against Rs 2,518.39 crore in the same quarter last year.

On a standalone basis, it posted a net profit of Rs 286.62 crore during the quarter under review compared to Rs 408.89 crore in the year-ago period.

Shares traded 8% higher on the NSE at Rs 1,514.40.
February 3, 2026 13:19

Zydus Wellness Q3 results live:

Zydus Wellness posted standalont net profit for the quarter ended December 2025 at Rs 12.1 crore as against Rs 11.8 crore in the same quarter last year.

Shares fell 4% on the NSE to Rs 418.75
February 3, 2026 13:17

Bharat Seats Q3 results live:

Bharat Seats posted a net profit for the quarter ended December 2025 at Rs 9.90 crore as against Rs 7.59 crore in the same quarter last year.

Shares rallied 8% on the NSE to Rs 153.73.
February 3, 2026 13:12

GAIL Q3 results live: Shares in focus

GAIL shares swing after Q3 profit slump

The state-run gas utility reported a 58.5% fall in standalone net profit for the quarter ended December 2025 to ₹1,602.57 crore, compared with ₹3,867.38 crore in the same period last year
February 3, 2026 12:47

MobiKwik Q3 results live: Let us hear it from Upasana Taku, Executive Director, Co- founder and CFO, MobiKwik

“We are pleased to report a profitable quarter, reflecting disciplined execution and sustained cost optimization across our businesses. Our focus on operating efficiency and thoughtful scaling has enabled us to achieve profitability while maintaining growth momentum. We were confident of achieving profitability in H2 FY26, and we are proud to have delivered on that commitment. Going ahead, we remain committed to scaling our platform responsibly and creating long-term value for our shareholders.”

– Upasana Taku, Executive Director, Co- founder and CFO, MobiKwik
February 3, 2026 12:45

MobiKwik Q3 results live: Key highlights

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February 3, 2026 12:38

One Mobikwik Systems Q3 results live: Reverse losses.

One Mobikwik Systems posted a net profit of Rs 6.68 crore in the quarter ended December 2025 compared to Rs 52.4 crore loss in the same quarter last year.

Shares rallied 17% on the NSE to Rs 231.19
February 3, 2026 12:22

Varun Beverages Q4 results live: Note from Ravi Jaipuria, Chairman, Varun Beverages Limited

“CY2025 was marked by steady execution, despite weather-related disruptions in India during the peak summer season. For the full year, consolidated volumes grew by 7.9%, driving revenue growth of 8.4% and EBITDA growth of 7.2%, while PAT increased by 16.2% to Rs. 30,620.4 million, reflecting the resilience of our business model and the strength of our on-ground execution. Volume growth in India was impacted during parts of the year due to unprecedented heavy rainfall throughout the year. However, performance improved meaningfully in Q4, with domestic volumes growing by 10.5%, reflecting the strength of our wide distribution network and strong brand portfolio. The greenfield plants and backward integration facilities commissioned during the year are progressively stabilising and are expected to support higher volumes and operating leverage in the upcoming season. Our international operations continued to scale well, led by Africa. International volumes grew by 10.0% in Q4, with South Africa delivering healthy volume growth, supported by expansion in general trade reach, addition of visi-coolers and continued progress on backward integration and capacity enhancement, strengthening supply chain efficiency and cost competitiveness. During the year, we announced the proposed acquisition of Twizza in South Africa subject to regulatory and other approvals. The company has 3 manufacturing facilities including backward integration which will significantly enhance our manufacturing footprint and route-to-market capabilities in Africa’s largest soft drinks market, while offering meaningful synergies with our existing operations. We also continued to expand our product portfolio and categories. The snacks business in Morocco has ramped up well, distribution of snacks in Zimbabwe and Zambia is gaining traction. Our balance sheet remains strong, supported by healthy cash flows, providing flexibility to support organic expansion, invest in cold-chain and distribution infrastructure, and pursue value-accretive strategic opportunities. In line with our commitment to delivering value to shareholders, the Board has recommended a final dividend of Rs. 0.50 per equity share, subject to shareholders’ approval. Looking ahead, we remain confident in the long-term growth potential across India and our international markets. Supported by favourable demographics and rising incomes, and backed by adequate capacities, a diversified portfolio and a strong distribution network, we believe we are well positioned to deliver sustained and profitable growth and create long-term value for all stakeholders.”

– Ravi Jaipuria, Chairman, Varun Beverages Limited
February 3, 2026 12:13

Varun Beverages Q4 results live:

Varun Beverages reported standalone net profit for the quarter ended December 2025 (Q4) at Rs 261 crore compared to Rs 208.67 crore in the same quarter last year.

Board recommended final dividend of Rs 0.50 per share for the year ended December 2025.

In addition, the board has approved investment upto 30% of Equity Share Capital of FPEL HR2 Energy Private Limited (a special purpose vehicle inter-alia engaged to generate & supply solar power to consumers in the state of Haryana) to obtain solar power for captive consumption

Shares traded 5% positive on the NSE at Es 488.95.
February 3, 2026 12:07

Indoco Remedies Q3 results live: Q3 loss widens

Indoco Remedies reported standalone net loss of Rs 20 crore in Q3FY26 compared to Rs 10.23 crore loss in the year-ago period.

Meanwhile, the revenue from operations rose to Rs 389.57 crore during the quarter under review compared to Rs 364.91 crore in the same quarter last year.

Shares traded 7% higher on the NSE at Rs 226.70
February 3, 2026 11:36

AWL Agri Q3 results live: Key highlights

Key Highlights

 Highest-ever LTM revenue of ₹ 71,497 Crore

 Highest-ever quarterly revenue of ₹ 18,603 Crore in Q3 FY26, up 10% year-on-year and sequential growth of 6% quarter-over-quarter

 Edible Oil business recorded a volume growth of 8% YoY in Q3 FY26

 Alternate channel revenues on LTM basis crossed ₹ 4,800 crore

 Quick Commerce (Q-com) volumes up 65% YoY, with LTM revenues crossing ₹ 1,200+ crore

 Direct distribution reach now at 9.5 Lac outlets and over 60,000+ rural towns
February 3, 2026 11:28

AWL Agri Business Q3 results live: Q3 profit declines

AWL Agri Business’ consolidated net profit for the quarter ended December 2025 declined 34.5% y-o-y to Rs 269.03 crore compared to Rs 410.93 crore in the same quarter last year.

Shares traded at Rs 214.85 on the NSE at 11.27 am.
February 3, 2026 11:07

SAIL Q3 results live: Shares up

SAIL shares surge after Q3 profit jump, brokerages split on outlook

SAIL posted a standalone net profit of ₹441.70 crore for the quarter ended December 2025, sharply higher than ₹125.80 crore in the year-ago period

Here are some brokerages view | READ HERE
February 3, 2026 10:42

Akzo Nobel Q3 results live: Shares in green

Akzo Nobel shares traded at Rs 2,863.20 on the NSE, up 1.5%, after moderating between Rs 2,788-Rs 2,869.90.

It reported a 31.58 per cent drop in its consolidated net profit to Rs 74.3 crore for the December quarter of FY26.
February 3, 2026 10:40

Akzo Nobel Q3 results live: Q3 profit declines

Akzo Nobel India Q3 results: Profit down 31.6% to ₹74.3 crore

Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 31.58 per cent drop in its consolidated net profit to Rs 74.3 crore for the December quarter of FY26.
February 3, 2026 10:28

Cholamandalam Investment Q3 results live: Check what the brokerages say

Cholamandalam Investment shares jump 9 % after Q3 show, brokerages upbeat despite asset-quality concerns

Shares of Cholamandalam Investment and Finance Company rallied 9 per cent in early trade after the lender reported a steady set of December-quarter numbers and announced an interim dividend.

READ HERE
February 3, 2026 10:06

Cholamandalam Investment Q3 results live: Shares rally

Shares of Cholamandalam Investment and Finance Company zoomed 9% in early trade to Rs 1,740. At 10 am, it traded 5.5% higher at Rs 1,681.10.

Its standalone net profit for the quarter ended December 2025 increased 18% y-o-y to Rs 1,287.66 crore compared to Rs 1,086.53 crore in the year-ago period.

Total revenue from operations rose 17% to Rs 7,874.94 crore in the December 2025 quarter compared to Rs 6,709.21 crore in the same quarter last year.

Board approved interim dividend at Rs 1.30 per share. Record date is Feb 5.
February 3, 2026 09:57

Stock market live updates: Sensex, Nifty 50 jump, Adani stocks lead Nifty 50 pack ahead of Q3 results

Top gainers of Nifty 50:

Adani Enterprises (+9.70%), Adani Ports (+7.30%), Jio Financial (+6.82%), IndiGo (+5.08%), Shriram Finance (+4.59%)

Top losers:

ONGC (-1.30%), ITC (-0.30%), Nestle (-0.25%), Coal India (-0.13%)
February 3, 2026 09:53

RailTel Q3 results live: Shares in Focus

RailTel Corporation of India shares increased 3% in early trade to Rs 347.85 on the NSE from the previous close of Rs 336.80.

It posted a net profit for the quarter ended December 2025 at Rs 62.70 crore compared to Rs 65.05 crore in the year-ago period. Revenue from operations increased (y-o-y basis) to Rs 913.45 crore compared to Rs 767.62 crore in the year ago period.
February 3, 2026 09:50

Sundaram Finance Q3 results live: Shares flat

Sundaram Finance shares traded flat on the NSE at Rs 5,347 at 9.49 am, following 16% increase in consolidated net profit to ₹522 crore in the third quarter ended December 31, 2025.
February 3, 2026 09:46

Bajaj Housing Finance Q3 results live: Shares soar 5%

Bajaj Housing Finance shares rose 5.6% in early trade to Rs 94.77 on the NSE. At 9.44 am, the stock traded at Rs 91 against the previous close of Rs 91.05.

It reported net profit for the quarter ended December 2025 at Rs 664.89 crore as against Rs 548.02 crore in the year ago period.
February 3, 2026 09:41

Hyundai Motor India Q3 results live: Shares in focus

Hyundai Motor India shares traded flat on the NSE at Rs 2,201.90 after a flat opening at Rs 2,197.90 and moderating between Rs 2,159.10- 2,250 in early trade. It posted a consolidated net profit of ₹1,234.4 crore for the third quarter ended December 31, 2025 (Q3 FY26), up 6.3% year-on-year.
February 3, 2026 09:27

Q3 results live: Shares in focus

India Daybook – Stocks in News

Aditya Birla Lifestyle: Net Profit at Rs 69.01 cr vs Rs 60.31 cr, Revenue at Rs 2343.17 cr vs Rs 2138.40 cr (YoY) (Positive)

CUB: Net Profit at Rs 332 cr vs Rs 286 cr, NII at Rs 752 cr vs Rs 587.7 cr (YoY) (Positive)

Bajaj Housing Finance: Net Profit at Rs 664.8 cr vs Rs 548.02 cr, NII at Rs 964 cr vs Rs 806 cr (YoY) (Positive)

PB Fintech Ltd: Net Profit at Rs 189.38 cr vs Rs 71.50 cr, Revenue at Rs 1771.15 cr vs Rs 1291.62 cr (YoY) (Positive)

Manali Petrochemicals Ltd: Net Profit at Rs 68.43 cr vs Rs 5.27 cr, Revenue at Rs 247.02 cr vs Rs 196.12 cr (YoY) (Positive)

Modison Limited: Net Profit at Rs 20.06 cr vs Rs 5.81 cr, Revenue at Rs 143.71 cr vs Rs 121.21 cr (YoY) (Positive)

Awfis Space Solutions Ltd: Net Profit at Rs 21.66 cr vs Rs 15.18 cr, Revenue at Rs 381.78 cr vs Rs 317.72 cr (YoY) (Positive)

PGEL: Net Profit at Rs 63.9 cr vs Rs 39.5 cr, Revenue at Rs 1412 cr vs Rs 968 cr (YoY) (Positive)

Chalet Hotels: Net Profit at Rs 124.1 cr vs Rs 96.5 cr, Revenue at Rs 581 cr vs Rs 458 cr (YoY) (Positive)

Aarti Ind: Net Profit at Rs 133 cr vs Rs 46.0 cr, Revenue at Rs 2319 cr vs Rs 1843 cr (YoY) (Positive)

EMudhra: Net Profit at Rs 28 cr vs Rs 21 cr, Revenue at Rs 190 cr vs Rs 140 cr (YoY) (Positive)

Dhampur Sugar: Net Profit at Rs 26.5 cr vs Rs 15.0 cr, Revenue at Rs 670 cr vs Rs 590 cr (YoY) (Positive)

Patel Retail: Net Profit at Rs 12.0 cr vs Rs 6.1 cr, Revenue at Rs 300.0 cr vs Rs 230.0 cr (YoY) (Positive)

Transrail: Net Profit at Rs 110.0 cr vs Rs 97.6 cr, Revenue at Rs 1777 cr vs Rs 1340 cr (YoY) (Positive)

Thermax: Net Profit at Rs 204 cr vs Rs 116 cr, Revenue at Rs 2635 cr vs Rs 2520 cr (YoY) (Positive)

Ventive: Net Profit at Rs 117 cr vs Rs 22 cr, Revenue at Rs 685 cr vs Rs 534 cr (YoY) (Positive)
February 3, 2026 09:26

Q3 results live:

EQUITY PREVIEW:

Adani Ports (ADSEZ): Jan. Cargo Volume +12%, Container volume +16%

Aarti Industries (ARTO): 3Q Net Income INR1.33b rupees vs. 460m Y/y, Beats Estimates

Bajaj Housing Finance (BAJAJHFL): 3Q Net Income +21% Y?y to 6.65B Rupees

Bharat Petroleum (BPCL): Signed crude oil supply pact with Trafigura

City Union Bank (CUBK): 3Q Net Income +16% Y/y to INR3.32b, Meets Estimates

Honeywell Automation (HWA): 3Q Net Income -8.3% Y/y to INR1.21b, Misses Estimates

Hyundai Motor India (HYUNDAI): 3Q Net Income +6% Y/y to INR12.3b, Misses Estimates

Indus Towers (INDUSTOW): 3Q Net Income -56% Y/y to INR17.8b, Beats Estimates

Infosys (INFO): Renew, expand partnership with Madison Square Family of Cos.

PB Fintech (PAYTM): PB Fintech 3Q Net Income INR1.89b vs. 715.4m Y/y, Beats Estimates

Power Grid Corp (PWGR): Says unit Khavda II-C transmission project commissioned

Steel Authority of India (SAIL): Sign pact with Rites for diesel locomotive leasing

Sundaram Finance (SUF): 3Q Net Income +15% Y/y to INR4.03b, Misses Est. 4.37b

Tata Chemicals (TTCH): 3Q Net Loss 930M Rupees, Est. Profit 1.4B Rupees

Thermax (TMX): 3Q Net Income +76% Y/y to INR2.04b, Beats Est. 1.66b

Thomas Cook India (TC): Co., SOTC Travel Sign pact with Tamil Nadu government

Unichem Laboratories (UL): U.S. FDA inspection at Kolhapur API facility concluded with five observations

UPL Ltd. (UPLL): 3Q Net Income -52% Y/y to INR3.96b, Misses Est. 5.96b
February 3, 2026 09:26

Corona Remedies Q3 results live:

Corona Remedies Ltd Q3 FY26 Results:-

Revenue 342.42 Cr vs 297.69 Cr

(+15.03% YoY┃-5.18% QoQ)

PBT Ex-Exceptional Items 74.29 Cr vs 58.10 Cr

(+27.87% YoY┃+6.72% QoQ)

PAT 41.27 Cr vs 44.95 Cr

(-8.19% YoY┃-21.12% QoQ)

Other Income 2.24 Cr vs 0.76 Cr YoY & 2.27 Cr QoQ

This Q3 Exceptional loss of 19.10 Cr
February 3, 2026 09:25

Q3 results live: Key results to watch out for the day

Important Result Calendar

03-Feb-2026

Derivative

• Bajaj Fin Ltd

• Mankind Pharma Ltd

• Pidilite Ind Ltd

• Adani Ports and Special Eco Zone Ltd

• Aditya Birla Capital Ltd

• Adani Enterprises Ltd

• Solar Ind India Ltd

• Varun Beverages Ltd

• NMDC Ltd

• Angel One Ltd

Cash Segment

• Castrol India Ltd

• Godrej Agrovet Ltd

• Alkyl Amines Chem Ltd

• Action Construction Equipment Ltd

• Aether Industries Ltd

• Firstsource Solutions Ltd

• Gabriel India Ltd

• HFCL Ltd

• PCBL Chem Ltd

• Signatureglobal (India) Ltd

• Triveni Turbine Ltd

• Zydus Wellness Ltd

• AWL Agri Business Ltd

• Choice Intl Ltd

• Dr. Agarwal’s Health Care Ltd

• JK Lakshmi Cement Ltd

• Sheela Foam Ltd

• Lloyds Metals & Energy Ltd

• NMDC Steel Ltd
February 3, 2026 09:22

Stock market live updates: Sensex, Nifty 50 trade higher on US tariff reduction boost

Sensex skyrocketed 2289.84 pts or 2.80% to 83,956.30 at 9.17 am after higher opening at 85,323.20 against the previous close of 81,666.46, and Nifty 50 rallied 710.15 pts or 2.83% to 25,798.55.

Published on February 3, 2026

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