According to InCred Equities, the CV downcycle that played out over six quarters between April 2024 and July 2025 appears to be bottoming out.
On the financial front, JM Financial expects revenue and Ebitda to grow at a CAGR of 15 per cent and 18 per cent, respectively, over FY25-28, driven by ongoing capacity additions.
Around 11:05 AM, Amber Enterprises share was trading 3.03 per cent higher at ₹6,676.25 per share. By comparison, BSE Sensex was trading flat at 85,757.91 levels.
The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.
Antique gave a 'Buy' rating for Samhi Hotels stock with a target price of ₹260, an upside of 41 per cent from Friday's close.
Nomura expects Marico's consolidated revenue to rise in the high twenties Y-o-Y in Q3FY26, estimating growth of around 27%, despite a broadly stable demand environment for the FMCG sector.
Sensex Today | Stock Market LIVE on Friday, January 02, 2026: In broader markets, the Nifty Midcap 100 and the Nifty Midcap 100 were trading 1.01 per cent and 0.72 per cent higher, respectively
Around 1:10 PM, Coal India share price was trading 5.50 per cent higher at ₹422.35 per share. By comparison, BSE Sensex was trading 0.53 per cent higher at 85,641.58 levels.
At 10:30 AM, Bansal Wire share price was off day's high, but continued to trade 3.29 per cent higher at ₹315.25 per share. By comparison, BSE Sensex was trading 0.40 per cent higher at 85,529.69 level
At 9:45 AM, Time Technoplast share price was trading 2.21 per cent higher at ₹192.35 per share. By comparison, BSE Sensex was trading 0.36 per cent higher at 85,497.10 levels.
Karur Vysya Bank shares rose after it reported a healthy growth in its business metrics for the quarter ended December 2025
United Spirits shares fell after it announced the resignation of Diwaker Vij, vice president - commercial finance, effective December 31, 2025
On the bourses, VA Tech Wabag share price rose as much as 6.17 per cent to an intraday high of ₹1,349, before trading 2.81 per cent higher at ₹1,306.20 around 12:50 PM.
The ZF Steering Gear share price rose after its wholly-owned subsidiary, Drivesys Systems (Aluminium Division), won a major order worth approximately ₹151 crore.
Dynacons Systems shares rose after it secured a contract from the Reserve Bank of India's (RBI) Enterprise Application Platform (EAP) worth ₹249.15 crore
PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.
On the bourses, however, Max Healthcare share price was trading 1.75 per cent lower at ₹1,044.75 per share around 11:30 AM. By comparison, BSE Sensex was trading 0.07 per cent lower at 84,637.50.
The brokerage has reiterated its 'Buy' rating on the stock, with a revised target price of ₹1,450, valuing the company at 35x Dec'27E earnings.
RMC Switchgears' shares moved higher after the company informed stock exchanges that it has applied to migrate its equity shares from the SME Platform of BSE Limited to the BSE Main Board.
The collaboration aims to accelerate adoption of LNG-powered transportation solutions across major industrial sectors, including steel & metals, FMCG, cement, & other high-volume logistics segments.