Sensex, Nifty Today: Indian equity markets are tracking a results-heavy session on January 29, with strong earnings momentum emerging from select midcap and PSU stocks, while global cues remain cautious amid volatility in currency and bond markets.
Earnings Watch
Manorama Industries | Q3 FY26 Results
Manorama Industries posted a sharp improvement in performance for the December quarter, supported by strong revenue growth and operating leverage.
Net Profit: ₹68.2 crore vs ₹29.5 crore YoY
Revenue: ₹360 crore vs ₹209 crore YoY
EBITDA: ₹98.2 crore vs ₹55.2 crore YoY
EBITDA Margin: 27.09% vs 26.37% YoY
Pondy Oxides | Q3 FY26 Results
Pondy Oxides reported robust year-on-year growth across profitability and topline, aided by higher volumes and improved realizations.
Net Profit: ₹35.30 crore, up 167% YoY | up 4% QoQ
Revenue: ₹779.93 crore, up 53% YoY | up 22% QoQ
EBITDA: ₹56.86 crore, up 124% YoY | up 6% QoQ
EBITDA Margin: 7.29% (vs 4.99% YoY | down from 8.36% QoQ)
Garden Reach Shipbuilders & Engineers | Q3 FY26 Results
Garden Reach Shipbuilders delivered a strong operational performance, driven by execution momentum and improved margins. The board also announced an interim dividend.
Net Profit: ₹170.77 crore, up 74% YoY | up 11% QoQ
Revenue: ₹1,895.69 crore, up 49% YoY | up 13% QoQ
EBITDA: ₹171.92 crore, up 128% YoY | up 10% QoQ
EBITDA Margin: 9.07% vs 5.94% YoY | broadly flat QoQ
Dividend: ₹7.15 per share
Commodities Check
Gold hits record high
Gold surged past $5,500 an ounce, marking a fresh all-time high, as a combination of dollar weakness, bond market stress, and expectations of a more dovish U.S. Federal Reserve triggered a renewed flight to safe-haven assets. Analysts point to the ongoing “debasement trade” as a key driver behind the metal’s sharp rally.
