Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, ended higher for the third day as auto and financial services shares advanced.
At the closing bell, the BSE Sensex closed 166 points higher (up 0.2%)
Meanwhile, the NSE Nifty closed 66 points higher (up 0.2%)
Bajaj Finance, M&, and Tata Steel were the top gainers today.
TCS, Infosys, Tech Mahindra, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,441, 78 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.3% higher, and the BSE 250 SmallCap index is trading 0.4% higher.
Sectoral indices were trading mixed today, with the power sector and auto sector witnessing buying. Meanwhile, stocks in the private bank sector and IT sector witnessed selling pressure.
The rupee is trading at Rs 95.3 against the US$.
Gold prices for the latest contract on MCX are trading 0.8% lower at Rs 1,42,005 per 10 grams.
Meanwhile, silver prices were trading 1% lower at 2,17,570 per 1 kg.
Mankind Pharma Q1 Results
Shares of Mankind Pharma came into focus after the company reported its Q1 business update.
For the quarter ended June, Mankind Pharma reported a consolidated net profit of Rs 5.68 billion, up 29.6% year-on-year, driven by strong revenue growth, lower finance costs, and controlled expenses.
Revenue from operations rose 12.9% YoY to Rs 40.31 billion, compared with Rs 35.70 billion in the same quarter last year. Although other income declined to Rs 0.45 billion from Rs 0.80 billion, total income still increased 11.7% YoY to Rs 40.76 billion.
Total expenses grew at a slower pace of 6.3% YoY to Rs 33.10 billion, while finance costs dropped 35.6% to Rs 1.10 billion, mainly due to debt repayment. The company's gross margin expanded by 225 basis points to 72.8%, while EBITDA increased 24.7% YoY to Rs 10.60 billion. EBITDA margin also improved by 250 basis points to 26.2%, reflecting stronger operational efficiency.
Hyundai Motor Q1 Results
Shares of Hyundai Motors came into focus after the company reported its Q1 business update.
Hyundai Motor India reported a consolidated profit after tax of Rs 8.89 billion for the quarter ended June 30, 2026, down 35.1% year-on-year as higher expenses weighed on earnings.
Revenue from operations slipped 0.5% YoY to Rs 163.35 billion, compared with Rs 164.13 billion in the corresponding quarter last year. Meanwhile, total expenses increased 4.2% YoY to Rs 154.07 billion from Rs 147.80 billion.
Profit before tax declined 34.9% YoY to Rs 12.02 billion, down from Rs 18.47 billion a year earlier. Basic earnings per share also fell to Rs 10.94 from Rs 16.85, reflecting the weaker quarterly performance.
Swiggy Q1 Results
Shares of Swiggy came into focus after the company reported its Q1 business update.
For the June quarter (Q1 FY27), Swiggy reported a consolidated net loss of Rs 7.91 billion, an improvement from a loss of Rs 11.97 billion in the same quarter last year, supported by strong revenue growth.
Revenue from operations surged to Rs 68.12 billion, compared with Rs 49.61 billion a year earlier, reflecting continued growth across the company's businesses.
In its shareholder letter, Co-founder, MD and Group CEO Sriharsha Majety said that Instamart, the company's quick commerce business, achieved its targeted contribution break-even in May 2026, with an overall contribution margin of -0.2% of Gross Order Value (GOV) during the quarter. Adjusted EBITDA losses for the segment also narrowed to Rs 7.78 billion, indicating improving operational efficiency.
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