On Thursday, 1038 stocks advanced, 3159 declined, and 175 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 0.33, indicating a negative closing. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 43 securities advanced and closed at a new 52-week high, whereas 177 securities sank to close at their new 52-week lows. Nifty Metal, Nifty Energy and Nifty PSU bank were the biggest losers.
Rail Vikas Nigam (RVNL) (-4.16%) received an LOA from East Coast Railway for a Wagon POH Workshop at Kantabanji. The facility will have an annual capacity of 200 wagons to strengthen Indian Railways’ maintenance infrastructure. The ₹201.23 crore project (ex GST) covers complete workshop setup and associated facilities. Execution timeline is 18 months from award date.
PTC Industries (-0.37%) through subsidiary Aerolloy Technologies, has completed installation of a Plasma Arc Melting (PAM) furnace at its SMTC in Lucknow. The furnace has an annual capacity of ~600 tonnes for titanium alloy ingots. All electrical, mechanical, and control systems are in place, with trials and commissioning next.
Texmaco Rail & Engineering (-3.32%) completed erection and commissioning of Hydro‑Mechanical systems for the 2,000 MW Subansiri Lower Hydroelectric Project, a key milestone in India’s renewable energy push. Located on the Arunachal Pradesh–Assam border, the project is among the country’s most significant hydropower developments. Developed by NHPC Ltd, the first unit has achieved COD, with three more commissioned. The remaining four units will be phased through FY26–27, bolstering India’s clean energy capacity in a structured rollout.
RateGain Travel Technologies (-1.86%) entered an exclusive reseller partnership with Aztech Digital to expand UNO VIVA, the world’s first CRS‑integrated AI voice agent for hotels, across Greece and Cyprus. Aztech Digital will serve as the exclusive distributor, leveraging 25+ years of industry expertise and global travel tech partnerships. The collaboration comes at a critical time for hospitality businesses facing seasonal demand spikes, aiming to enhance operational efficiency during peak travel months.
RailTel Corp of India (-4.15%) secured a major PFMS work order to establish and manage advanced IT infrastructure. Scope includes Data Center (DC), Disaster Recovery (DR), Security Operations Centre (SOC), and colocation facilities. The contract spans both supply and services, showcasing RailTel’s end to end mission critical IT and network capabilities. This strengthens RailTel’s role as a key digital infrastructure partner for government projects in India.
Larsen & Toubro (L&T) (-3.09%) secured a strategic supply order from the Indian Army’s EME for the Pinaka Multi‑Rocket Launcher Systems. The mandate covers overhaul, upgrades, and obsolescence management, marking a milestone in lifecycle support under India’s self‑reliance drive. It represents a rare private OEM–Army partnership to ensure long‑term operational availability of frontline artillery. Focus areas include obsolete component management, subsystem upgrades, and sustained technical support to Army Base Workshops.
Granules Pharmaceuticals, Inc., the US subsidiary of Granules India (-0.59%) has received tentative FDA approval for its generic Amphetamine Extended‑Release Tablets (5–20 mg), the equivalent of DYANAVEL XR. The ANDA is eligible for 180‑day exclusivity, giving Granules a limited competition window in the US market. The product, indicated for ADHD treatment, has an estimated $41 mn market size.
Transformers & Rectifiers (India) (-9.25%) reported revenue of Q3 FY26 with ₹736.76 crore, up 32% y-o-y. Expenses climbed to ₹633.23 crore (vs ₹494.59 crore), reflecting higher scale, material costs, and wage revisions. PBT surged 46% y o y to ₹107.79 crore, while PAT doubled to ₹74 crore from ₹35 crore.
EIMCO Elecon (India) (+8.67%) delivered Q3 FY26 performance, with revenue at ₹63.06 crore, up 38% y o y. Total income rose 42% y o y to ₹69.01 crore, reflecting higher business activity. Expenses increased to ₹52.90 crore (vs ₹40.26 crore), in line with expanded operations.
PN Gadgil Jewellers (-1.58%) reported Q3FY25-26 consolidated revenue of ₹3,302 crore, up from ₹2,435 crore y‑o‑y. Retail segment grew 46% y‑o‑y, contributing 83.2% of revenue, driven by festive and wedding demand. E‑commerce surged 138% y‑o‑y (5.1% share), while franchisee operations rose 12% y‑o‑y (7.7% share). Revenue excluding the other segment stood at ₹3,169 crore vs ₹2,176 crore y‑o‑y. The other segment (B2B bullion) contributed ₹133 crore, down from ₹259 crore, representing ~4% of revenue.
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:
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