Anshul Saigal of Saigal Capital sees strong multi-sector tailwinds in India’s markets, driven by infrastructure revival, renewable energy, and pharma growth. Despite SEBI’s proposed AMC fee cuts, he believes long-term wealth creation remains intact. Saigal expects cement, metals, and CDMO pharma to outperform, marking the start of India’s next major investment cycle.

Varun Beverages reported an 18.5% YoY rise in Q3 CY2025 PAT to Rs 745.2 crore, supported by lower finance costs and higher other income. Revenue grew 1.9% to Rs 4,896.6 crore, while EBITDA margins softened slightly amid higher expenses, even as gross margins improved.

Coal India reported a 30% YoY drop in Q2FY26 net profit to Rs 4,354 crore amid higher expenses and lower revenue. Despite weak performance, the firm announced a Rs 10.25 interim dividend. Brokerages remain divided, with Motilal Oswal recommending ‘Buy’, Elara suggesting ‘Accumulate’, and Choice Broking maintaining a ‘Sell’ view.

Vodafone Idea shares plunged over 12% after the Supreme Court’s written order on AGR dues limited relief to a smaller disputed amount, dashing hopes of a broader financial reprieve.

Market experts view a US-India tariff settlement as a necessary step, not a market booster, with a domestic recovery expected to drive growth. Investors are advised to focus on mid- and small-cap stocks, banking, capital goods, and defence sectors, while the China Plus One strategy remains intact.

Oyo s parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offering. The company is also issuing sweat equity to independent directors. Bonus shares will be distributed to existing shareholders. PRISM recently reported strong financial growth, with profits and revenue significantly increasing.

Hyundai Motor India is expected to report a modest Q2 FY26 performance, with profit rising around 10% YoY and revenue remaining largely flat. Brokerages project margin expansion driven by higher SUV sales, cost control, and export growth, even as domestic demand stays soft. The Creta and Venue are expected to anchor profitability amid rising competition.

Shares of Vijay Kedia-backed Vaibhav Global surged 13% after the company posted strong Q2 FY26 results, driven by 10% revenue growth, a 71% jump in profit, and margin expansion to 10%. Robust digital sales, higher in-house brand contribution, and a strong balance sheet underpinned performance. The stock has gained nearly 30% in the past month.

Cipla Q2 Results: Revenue from operations rose 8% YoY to Rs 7,589 crore.