On Monday, 1827 stocks advanced, 2453 declined and 173 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.75 indicating a negative closing. Moneylife’s Market Breadth Indicators remained in the neutral strength territory. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 113 securities advanced and closed at a new 52-week high whereas 73 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Media, Nifty Metal and Nifty FMCG were among the biggest losers. Nifty IT, Nifty Infrastructure and Nifty PSU Bank were among the biggest gainers.
Hindustan Zinc (HZL), a Vedanta subsidiary, received a CGST order imposing a Rs73.46 lakh penalty and tax demand over reversed CENVAT credit on cement used in mines (July 2016–June 2017). HZL plans to appeal and asserts no material financial impact. Disclosure was made under SEBI LODR Regulation 30.
Zydus Lifesciences (+0.64%) received USFDA approval for Deflazacort oral suspension (22.75 mg/mL), a generic of Emflaza, used to treat Duchenne Muscular Dystrophy in patients aged 5 and above.
Tata Communications (+2.77%) launched its Voice AI platform powered by Agentic AI, delivering sub-500ms latency, multilingual support across 40+ languages, and real-time decisioning for fintech-grade customer engagement. Built on its AI Cloud and global voice network, it offers transcription, sentiment analytics, and adaptive dialogue flows—streamlining end-to-end journeys via direct API integration.
Zaggle (+2.38%) entered into a domestic agreement with SMC Global Securities to deploy its Zaggle Zoyer and Zaggle Save platforms for employee expense and benefits management.
Bhageria Industries (-0.47%) planned to expand H-Acid capacity at its Boisar Tarapur facility from 400 metric tonne (MT) per month to 500 MT per month, targeting completion in six months. The Rs5 crore capex, funded via internal accruals, is expected to boost annual revenue by Rs50–55 crore. It currently operates at 95% utilization.
Rama Phosphates (-0.59%) extended its lease for the Nimbahera SSP plant by five years. With 66,000 MTPA (metric tonne per annum) capacity at the site, its total manufacturing footprint now stands at 6.98 lakh MTPA.
KEC International (+0.35%) received new orders worth Rs1,102 crores across multiple business verticals - civil, transportation, T&D, and cables segments. It won a civil contract for a 150 MW thermal plant, TCAS ‘Kavach’ orders in transport, T&D supply deals in the Americas and Middle East, and cable orders across domestic and global markets.
Airtel Business secured a multi-year contract from Indian Railway Security Operations Centre (IRSOC) to build and operate a 24×7 cybersecurity ecosystem for Indian Railways. The AI-embedded stack will protect critical systems across 26 zones and 160,000 employees, with real-time threat detection under 20 seconds—setting a new benchmark in national transport security.
Muthoot Finance (+1.90%) issued $600 million in Senior Secured Notes due March 2030 under its $4 billion GMTN programme. Rated Ba1/BB+/BB+ (Stable) by Moody’s, S&P, and Fitch, the notes are backed by a pari passu charge on gold loan receivables and other current assets. Proceeds will be used for onward lending per RBI and ECB norms.
Earnings
Jubilant FoodWorks (-0.81%) reported 19.7% y-o-y consolidated revenue growth in Q2FY25-26 to Rs2,340.4 crore. Domino’s India posted 9.1% Like-for-Like (LFL) growth, while Domino’s Turkey grew 5.6% post-IAS-29 adjustment. It added 93 stores during the quarter, taking the JFL Group network to 3,480 outlets. Domino’s India opened 81 new stores, bringing its total count to 2,321 outlets.
Trent (-0.80%) reported 17% y-o-y revenue growth in Q2FY25-26, reaching Rs5,002 crore, with H1FY25-26 revenue up 19% y-o-y to Rs10,063 crore. It expanded its footprint to 261 Westside stores and 806 Zudio outlets (including 3 in the UAE), adding 53 new stores during the quarter.
Angel One (+2.90%) reported steady growth in September 2025 and Q2FY25-26, with client base up 24% y-o-y to 3.4 crore and average client funding book rising 35.8% y-o-y to Rs5,553 crore.
Kalyan Jewellers (-1.38%) reported 30% y-o-y consolidated revenue growth in Q2FY25-26, led by 31% y-o-y growth in India and 17% y-o-y in international markets. Candere revenue surged 127% y-o-y. It added 32 new outlets during the quarter, taking its global showroom count to 436. Debt reduction resumed post collateral release approval.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: