Following the quarterly results, MOFSL has upgraded Jubilant FoodWorks to 'Buy' from 'Neutral' and set a target of ₹625.
Heavyweights, including Tata Consultancy Services (TCS), Tata Steel, Tata Communications, Trent and Tata Motors Passenger Vehicles traded lower, with losses up to 6 per cent in some counters.
Technocraft Ventures shares opened at ₹284 on the NSE, with a premium of ₹72 or 33.96 per cent over the IPO issue price of ₹212.
Tata Motors Passenger Vehicles reported a 78.54 per cent decline in net profit to ₹859 crore. The company had posted a net profit of ₹4,003 crore in Q1FY26.
According to Motilal Oswal Financial Services (MOFSL), Astral delivered a mixed first quarter, but missed its estimates by 5-13 per cent.
Thus far in the calendar year 2026, Eternal outperformed the market by soaring 12 per cent, compared to an 8.7 per cent decline in the BSE Sensex.
The blue-chip stock with a market cap of ₹1.7 trillion has risen 11 per cent in the last three months. However, it is down 13 per cent on a year-to-date basis.
According to reports, Pilani Investment and Industries Corporation one of the promoters planned to sell a stake via block deal in UltraTech Cement on Thursday.
Post Q1 results, brokerage firm Nomura has upgraded its rating on Tata Motors to 'Buy' and raised the target price to ₹554 from ₹402.
A sentiment knock across the pack was the realistic expectation, said Anirudh Garg, Fund Manager and Partner, INVasset PMS, with the magnitude inversely proportional to succession clarity.
Lenskart reported a 182.3 per cent year-on-year increase in profit after tax to ₹228 crore in the first quarter of FY27 compared to a profit of ₹61 crore in the year-ago period
After shedding almost up to 5 per cent a day earlier, most Tata group stocks gained. Titan and Tata Investment Corporation remained the top laggards.
At 2 PM on Wednesday, the BSE Hospital index was the top loser among sectoral indices, down 3 per cent, compared to a 0.77 per cent decline in the BSE Sensex.
Most of the group stocks traded with cuts of up to 4 per cent following the report. Crown jewel Tata Consultancy Services (TCS) was the top loser with a 4.12 per cent decline.
The company reported a 974 per cent Y-o-Y rise in consolidated net profit to ₹430.60 crore for the quarter, compared with ₹218.17 crore in the year-ago period.
With the past two-day rally to ₹1,375, Finolex Cables' market price has bounced back 96 per cent from its 52-week low of ₹701 touched on January 27, 2026.
Analysts believe the unexpected leadership transition could weigh on Godrej Consumer Products stock in the near term, but do not expect any change in the company's core strategy.
Ardee Industries shares opened at ₹72 on the NSE, up ₹19 apiece or 35.85 per cent, compared with the IPO issue price of ₹53. On the BSE, the shares debuted at ₹73.60, up ₹20.60 or 38.87 per cent.
Manappuram Finance reported consolidated profit of Rs 585 crore for the first quarter ended June 30, 2026, compared to a profit of Rs 132 crore in the corresponding quarter of the previous year.
Share price of CPCL hit a new high of ₹1,404.90, soaring 13 per cent on the BSE on the back of six-fold jump in the average trading volume on Tuesday.