The recent wave of quarterly results has driven significant movements across Indian stocks, with companies reporting mixed performances due to various factors like raw material costs, employee benefits, and strategic investments. Here’s a rundown of the latest updates in the stock market, featuring major earnings reports, IPO news, and important developments.

Kalyan Jewellers India: Profit Decline Amid Rising Costs

Kalyan Jewellers reported a 3.4% decline in net profit YoY to Rs 130.6 crore in Q2FY25, impacted by increased raw material, employee benefits, and finance costs. On the brighter side, revenue rose by 37.6% YoY to Rs 6,091.4 crore, fueled by demand in domestic and Middle Eastern markets. This stock has shown up in the screener for highest promoter pledge increases, suggesting potential caution among investors.

Suven Pharmaceuticals: Earnings Beat Analyst Estimates

Suven Pharmaceuticals saw an impressive 3.3% YoY increase in net profit to Rs 82.2 crore, beating analyst estimates by 41.2%. Revenue also climbed 11.5% YoY to Rs 257.7 crore, driven by a 40% boost in its CDMO business. Suven appears on the screener for stocks showing profit growth over the past two quarters, highlighting its strong performance trajectory.

3M India: Revenue Up, But Profit Takes a Hit

3M India faced an 8.4% decline in net profit YoY to Rs 133.8 crore, due to higher costs related to raw materials, inventory, finance, and employee benefits. Revenue, however, grew 6.8% YoY to Rs 1,129 crore, driven by robust performance in safety, health care, and consumer segments. The company shows up in a screener for stocks with PE ratios above the industry average.

NTPC Green Energy: Upcoming IPO

NTPC Green Energy, a subsidiary of NTPC, is set to launch an IPO at a price band of Rs 102-108 per share on November 19, aiming to raise Rs 10,000 crore through a fresh issue. This IPO aligns with the growing interest in green energy stocks and is expected to attract substantial investor attention.

Alkem Laboratories: Growth in Profit Amid Inventory Destocking

Alkem Laboratories reported an 11% YoY growth in net profit to Rs 688.6 crore, supported by inventory destocking efforts. Despite a slight decrease in revenue to Rs 3,414.7 crore, the stock is seen on the screener where mutual funds increased their holdings in the last quarter.

Zinka Logistics Solutions: Moderate Demand on IPO Day 1

The Rs 1,114.7 crore IPO of Zinka Logistics received 0.2X bids on the first day, with the retail investor portion at 0.4X. The moderate demand reflects some caution among investors, though interest may rise as the bidding period progresses.

Geojit BNP Paribas Upgrades KEC International

Geojit BNP Paribas upgraded KEC International to a "Buy" rating with a higher target price of Rs 1,192, expecting a potential 22.2% upside. The brokerage cites strong order wins in transmission & distribution, as well as government energy projects, as key growth drivers.

Prism Johnson: Loss in Q2 Due to Higher Costs

Prism Johnson reported a net loss of Rs 89.8 crore in Q2FY25, down from a Rs 182.7 crore profit in Q2FY24. The company’s revenue fell 7.9% YoY to Rs 1,699.2 crore, primarily due to setbacks in its cement and insurance segments.

Cello World: Net Profit Misses Estimates

Despite a 2.1% YoY rise in net profit to Rs 81.6 crore, Cello World missed analyst expectations by 6%. Revenue increased marginally to Rs 490.1 crore, though challenges in export demand, particularly in writing instruments, affected growth.

Varun Beverages Expands International Presence

Varun Beverages approved a $169.6 million acquisition of PepsiCo-licensed companies in Tanzania and Ghana, expanding its packaging and distribution network. The acquisition is expected to strengthen the company's global footprint.

SIAM Reports Strong October Sales for Two-Wheelers

The Society of Indian Automobile Manufacturers (SIAM) reported a 14.2% YoY increase in two-wheeler sales in October, totaling 21.6 lakh units. Passenger vehicle sales also rose by 0.9% YoY, indicating continued demand in the auto sector.

Sula Vineyards: Profit Decline Affects Stock Performance

Sula Vineyards posted a 37.3% YoY decline in net profit to Rs 14.5 crore, impacted by a slowdown in urban consumer demand. Revenue dropped slightly to Rs 141.2 crore, reflecting weaker market sentiment.

PNC Infratech: Reaches 52-Week Low Amid Profit Drop

PNC Infratech reported a 43.6% YoY drop in net profit to Rs 83.5 crore, with revenue down 24.2% YoY due to cost pressures in its road and water projects. The stock has hit a 52-week low and appears on screens for underperformance in moving averages.

PNB Housing Finance: Stake Sold in Major Block Deal

PNB Housing Finance witnessed a 10% stake change hands via a block deal worth Rs 2,455 crore, reportedly sold by Carlyle Group’s Quality Investment Holdings. This transaction has created pressure on the stock price.

FIIs Reduce IPO Investment

NSDL data reveals that foreign institutional investors (FIIs) contributed only Rs 2,900 crore (15% of total bids) to recent IPOs in November, a stark drop from previous months. Analysts attribute this to changing global investment trends and a shift in US leadership.

KNR Constructions: Surging Profit Signals Investor Confidence

KNR Constructions’ net profit surged 3x YoY to Rs 441.5 crore, with revenue growing by 100.4% YoY to Rs 2,092.1 crore. The company appears in screens for undervalued growth stocks, indicating positive sentiment from investors.

ACME Solar Holdings and Swiggy IPO Debuts

ACME Solar Holdings debuted at a 13.2% discount to its issue price, while Swiggy listed at a 7.7% premium. Both IPOs were well-received, with Swiggy’s issue being 3.6 times subscribed, reflecting strong market interest in tech-driven business models.

CPI Inflation Surges; Industrial Output Rises

India's CPI inflation rose to 6.2% in October, surpassing RBI’s target, driven by food price inflation. Meanwhile, industrial production grew by 3.1% YoY in September, bolstered by the manufacturing sector.

DCX Systems: Sharp Decline in Profit and Revenue

DCX Systems faced a 73.7% YoY drop in net profit to Rs 5.2 crore, with revenue down 36.7% YoY, affected by global uncertainties and geopolitical tensions.

Ashoka Buildcon: Strong Growth in Net Profit

Ashoka Buildcon’s net profit surged by 4.6x YoY to Rs 457 crore in Q2FY25, supported by lower costs and deferred tax returns. Revenue rose 15.2% YoY to Rs 2,529 crore, reflecting robust project execution.

Bosch Limited: Profits Exceed Expectations

Bosch reported a 46.3% decline in net profit, although it beat estimates by 5.9%. Revenue rose 6.4% YoY to Rs 4,394.3 crore, driven by growth in passenger car and off-highway segments.

Kalpataru Projects International: Major New Orders

Kalpataru Projects secured Rs 2,273 crore in new orders, including domestic and international T&D projects and residential projects in India. The order wins are likely to support the company's growth trajectory.

This wrap-up of stock movements, earnings results, and market updates provides investors with a comprehensive snapshot of the latest corporate activities impacting the Indian stock market.

The Upcoming IPOs in this week and coming weeks are Rosmerta Digital, NTPC Green, Avanse Financial and Nisus Finance.

The Current active IPO are  Mangal Compusolution, Black Buck, and Onyx Biotec.

For more insights into financial trends , visit our Top News Headlines. You can also explore investment opportunities in the market and apply for upcoming IPOs through our Best IPO to Apply Now section.