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Shares of Hyundai Motor India Ltd ended at ₹1,623.95, down by ₹19.60 or 1.19% on the BSE.

Shares of TTK Prestige plunged over 9%, hitting an intraday low of ₹720.10 on the BSE after the results were announced. The stock had opened higher at ₹807.95 but quickly erased gains following the results.

The central bank’s liquidity measures helped boost sentiment in the sector, with the Nifty Bank index rising by 2%.

The allotment for the Dr Agarwals Healthcare IPO is expected to be finalised on February 3, while the company will list on BSE, NSE with tentative listing date fixed as February 5, 2025.

Cipla’s Net profit for the period also increased by 49% from the year-ago period to ₹1,570 crore. A CNBC-TV18 poll had pegged the figure at ₹1,175 crore.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹4,499 crore, ahead of the CNBC-TV18 estimate of ₹4,349 crore. This marks a 28% YoY growth from ₹3,521 crore in the corresponding quarter last year.

Ashwini Agarwal, Founder and Partner at Demeter Advisors pointed out opportunities in specific areas, such as small banks, life insurance companies, and microfinance institutions.

As per the latest shareholding filing of Updater Services, Kacholia’s name is missing from the shareholders list. This means, either his stake in the company has declined below 1%, or he has made an exit from the stock.

The EBITDA margin figure for TVS Motor was also 30 basis points higher than the CNBC-TV18 estimate of 11.6%.

After a bonus issue last year, RITES declared its third interim dividend alongside its December quarter results. The stock is down 40% from its peak.