Sensex Today Ends Flat; Nifty Below 25,100

After opening the day higher, the benchmark indices continued their downward momentum, ended the session flat.

Indian equity markets indices, Sensex and Nifty, closed flat amid stock-specific action on Dalal Street as investors reacted to the June quarter (Q1FY26) results posted by various companies.

At the closing bell, the BSE Sensex closed lower by 13 points.

Meanwhile, the NSE Nifty closed 30 points lower (down 0.1%)

Eternal, Titan Company, Bharat Elec among the top gainers today

Tata Motors, Adani Ports, and SBI, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,085, higher by 4 points at the time of writing.

The BSE MidCap index ended 0.6% lower, and the BSE SmallCap index ended 0.2% lower.

Barring the commodities sector and the consumer discretionary sector, all other sectoral indices are trading negatively today, with stocks in the realty sector and the telecommunication sector witnessing selling pressure.

The rupee is trading at Rs 86.3 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% lower at Rs 99,190 per 10 grams.

Meanwhile, silver prices were trading 0.2% lower at Rs 1,14,775 per 1 kg.
 

Oberoi Realty Q1 Profit Drops 28%

In the news from realty sector, Oberoi Realty announced its Q1 FY26 results.

the company's operating revenue dropped 29.7% to Rs 9.8 billion (bn) crore compared to Rs 14.1 bn in the same period last year.

EBITDA at the operating level fell 36% to Rs 5.2 bn over Rs 8.1 bn YoY. In the reporting quarter, the EBITDA margin was 52.7% as opposed to 58%.

Oberoi Realty's net profit fell 28% to Rs 4.2 bn in Q1FY26, down from Rs 5,8 bn in the same quarter last year.

For FY25-26, Oberoi Realty has announced an interim dividend of Rs 2 per equity share, which is equivalent to 20% of the share's face value of Rs 10. The dividend will start to be paid on or before 7 August 2025, with the record date being 25 July 2025.

The chairman of Oberoi Realty said demand for luxury homes is strong due to increasing aspiration and desire for a better lifestyle.

The company focuses on building quality homes, retail space and sustainable living projects that create vibrant communities.
 

Eternal's Q1 Profit Plummets 90%

Moving on to the news from E-commerce sector, Eternal, the parent company of Zomato and Blinkit, saw a 90% decline in net profit to Rs 0.3 bn in Q1 compared to Rs 2.5 bn during the same period last year.

Eternal's revenue from operations saw a significant 70% increase, reaching Rs 71.6 bn in Q1FY26, up from Rs 42.1 bn in the same quarter last year. Due to significant investments in speedy commerce and delivery services, the company's profit decreased. Despite a slight improvement in food delivery margins, these investments were the primary cause of the 42% decline in adjusted EBITDA to Rs 1.7 bn.

Total expenses rose 15% YoY to Rs 21.4 bn, with major outflows towards Delivery and related charges and Advertisement and sales promotion.

The net order value (NOV) of Eternal's B2C businesses increased by 55% year over year to Rs 201.8 bn. For the first time, quick commerce NOV surpassed food delivery NOV in a quarter. Nearly half of the company's current annualised NOV of approximately Rs 837 billion comes from quick commerce.

The company reported more than 50% YoY growth in adjusted revenue for 11 consecutive quarters, with consolidated adjusted revenue rising 67% YoY and 22% quarter-on-quarter to Rs 75.6 bn.

In the meantime, Hyperpure, its B2B vertical, saw a 25% quarterly growth and an 89% YoY increase in revenue. The business did, however, state that it anticipates a brief slowdown in B2B growth in the upcoming quarters.
 

Eternal ltd Share Price - 6 Months


Blue Jet Healthcare Shares Plummet 10%

Moving on to the news from pharma sector, Blue Jet Healthcare's shares dropped 10% after its June quarter results showed a decline compared to the previous quarter, despite being higher than the same period last year.

The company's revenue for the June quarter increased to Rs 3.5 bn compared to the Rs 1.6 bn it reported for the same quarter last year.

Revenue growth was 4.4% in comparison to the prior quarter.

EBITDA fell 13.1% from the March quarter to Rs 1.2 bn. On an annual basis, that number is almost tripled.

Even though they increased year over year, the June quarter's EBITDA margin decreased by more than 700 basis points from the March quarter.

Blue Jet Healthcare, founded in 1968, is a pharma company that makes healthcare ingredients and intermediates, and was India's first manufacturer of artificial sweeteners like saccharin.


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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity ...

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