In the past two weeks, the BSE Realty index has slipped 10 per cent, as against a 2.5 per cent decline in the BSE Sensex.
Since October 2025, Bank of India, Union Bank of India and Canara Bank have surged between 29 - 34 per cent. FPIs have increased stake in select PSU Banks by up to 3 per centage points.
JM Financial said BHEL's margin improvement is likely in the coming quarters as the execution mix begins to skew towards newer projects
Q3FY26 company results: Firms including SRF, Persistent Systems, Gujarat Gas, IndiaMART InterMESH, and AU Small Finance Bank are also to release their October-December earnings reports today
Punjab National Bank posts its highest-ever quarterly profit in Q3FY26, aided by strong non-interest income, improved asset quality and higher capital adequacy
IT firms, RIL slow profit growth; banks biggest laggards in revenue
Record revenue, five-year low cost of production and rally in silver prices lift earnings to all-time high
ICICI Bank shares fell over 2% after RBI flagged gaps in agri PSL classification, forcing higher provisions and a 4% drop in Q3 net profit
Reversal of provisioning is also expected to support the stock going ahead
India's top six IT companies - TCS, Infosys, HCLTech, Wipro, Tech Mahindra, and LTIMindtree - took a combined hit of about Rs 5,400 crore on account of the implementation of new labour codes, the one-time charge eroding their Q3 FY26 earnings performance substantially. The new regulations, which consolidate 29 existing labour laws, have forced a structural shift in how companies calculate employee benefits. The country's largest IT services exporter, Tata Consultancy Services (TCS), bore the heaviest burden, reporting a "statutory impact" of Rs 2,128 crore. The provisioning led to a 13.9 per cent drop in net profit to Rs 10,657 crore. TCS CFO Samir Seksaria noted that the hit included Rs 1,800 crore for gratuity and Rs 300 crore for leave encashment, warning that the codes will continue to shave 0.100.15 per cent off margins moving forward. Infosys too reported a one-time exceptional charge of Rs 1,289 crore. The Bengaluru-based firm saw its net profit decline 2.2 per cent to Rs 6,
Ceat's profit, however, slumped 16.2 per cent sequentially due to costs related to the implementation of new labour codes and an exceptional-item profit in Q2FY26
LTIMindtree's Q3FY26 profit falls 10.5% to ₹971 crore due to labour code impact, even as revenue grows 11.6% on strong BFSI and manufacturing deals
Oberoi Realty's Q3FY26 profit rises marginally to ₹622.6 crore, missing estimates; revenue up 5.8%, no new launches during the quarter
Wipro Q3 review: Analysts said the performance was mixed, with margins beating expectations even as revenue growth stayed weak
Tata Capital's Q3FY26 profit jumps 36% to ₹1,285 crore on strong income and AUM growth; asset quality remains stable
Consumer electrical goods maker Havells India on Monday reported a 7.9 per cent increase in consolidated net profit to Rs 300.05 crore in the quarter ended December 31, 2025. The company had posted a consolidated net profit of Rs 277.96 crore in the October-December quarter a year ago, according to a regulatory filing from Havells India. Its revenue from operations was up 14.3 per cent to Rs 5,587.89 crore in the December quarter. It was Rs 4,888.98 crore in the corresponding period of the previous fiscal. Havells India's total expenses rose 13.4 per cent to Rs 5,189.33 crore in the December quarter. The total income of Havells India, which includes other income, was also up 13.67 per cent to Rs 5,630.59 crore. Meanwhile, in a separate filing, Havells' board also declared an interim dividend of 400 per cent, amounting to Rs 4 per equity share of Re 1 each. Shares of Havells India Ltd on Monday settled at Rs 1,445.15 on BSE, up 1.42 per cent from the previous close.
Tata Capital's net interest income (NII), excluding Motor Finance, rose 26% Y-o-Y to ₹2,936 crore from ₹2,323 crore in the same quarter last year
LTIMindtree Q3FY26 profit declined 10.6% to ₹970.6 crore after a one-time ₹590.3 crore hit from new labour codes, even as revenue rose 11.6% Y-o-Y to ₹10,781 crore
Hindustan Zinc's growth in Q3 was supported by higher production, rising zinc and silver prices, lower production costs, a stronger dollar, and improved by-product realisations
Punjab National Bank's share price declined as much as 5.37 per cent to ₹125.25. Earlier on Monday, the stock rose 2.11 per cent and touched a 52-week high of ₹135.15.