On January 8, Transformers and Rectifiers saw its share price tumble about 9%, even though the company posted a strong rise in profit and revenue for the December quarter.
The stock opened at ₹324.35, hit a high of ₹326.50, fell to a low of ₹284, and closed at ₹291.85, marking a 9.15% decline for the day.
The board announced that CEO Mukul Srivastava resigned for personal reasons effective January 7, 2026. Satyen J. Mamtora, the current Managing Director, will take over as CEO from January 8, 2026.
At the same time, Reuters reported that the Finance Ministry may lift a five‑year ban on Chinese firms bidding for Indian government contracts. The news pushed down shares of several heavy‑equipment makers, such as BHEL (‑10.34%), Hitachi Energy India (‑5.88%) and ABB India (‑4.86%).
Over the past two years, the shares have delivered more than 112% returns, and over three years the gain is close to 920%. In five years the stock is up about 2,863%. However, the past year has seen a decline of over 50% as investors took profits.
The numbers look solid, but the sharp price drop shows that market sentiment can be volatile, especially when leadership changes or policy news hit the sector.
Remember, this is just my take, not a prediction. Do your own research and consider talking to a qualified advisor before making any investment moves.
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Join TelegramInfosys shares slipped by about 1% on Monday, trading around Rs 1,599, as the market waits for the company’s Q3 FY26 results due on Jan 14. Today's Stock Movement At 10:30 am, the stock touched a high of Rs 1,612.70 and a low of Rs 1,595.10, ending the session down 0.91% from the previous close. What’s Coming: Q3 FY26 Results Investors are focused on the earnings report scheduled for Wednesday, Jan 14, which will reveal the company’s performance for the third quarter of FY26. Key Financial Trends (Last Few Years) Revenue growth: From Rs 40,986 crore in Sep 2024 to Rs 44,490 crore in Sep 2025. Net profit: Rose from Rs 6,516 crore to Rs 7,375 crore over the same period. Earnings per share (EPS): Increased from 15.71 to 17.76. Annual revenue (2021‑2025): Grew from Rs 100,472 crore to Rs 162,990 crore. Annual net profit (2021‑2025): Went up from Rs 19,423 crore to Rs 26,750 crore. Annual EPS (2021‑2025): Jumped from 45.61 to 64.50. Book value per share (BVPS): Rose from 180.75 to 231.11. Dividend and Bonus Highlights Oct 16 2025 – Interim dividend of Rs 23 per share. Apr 17 2025 – Final dividend of Rs 22 per share. July 13 2018 – Bonus issue at 1:1. April 24 2015 – Bonus issue at 1:1. Jan 24 2000 – Stock split, face value changed from Rs 10 to Rs 5. Analyst View Recent analysis shows a neutral outlook for Infosys, suggesting the stock is fairly priced ahead of the earnings release. Takeaway While the share price is currently lower, the upcoming earnings report will likely set the tone for short‑term movement. Keep an eye on the revenue and profit numbers, as well as any guidance the company provides. Remember, this is just a perspective, not a prediction. Do your own research before making any investment decisions.
ICICI Securities' latest research shows that DMart (Avenue Supermarts) is keeping its profit margins healthy but its store growth is slowing down. Margin Surprise The company posted an EBITDA margin of 8.4%, better than expected. This came from disciplined cost control and solid execution, even though the product mix was not ideal. Growth Momentum Slowing Same‑store sales growth (L2L) fell to 5.6% in Q3 FY26, down from about 8.3% a year earlier. Store productivity has not yet reached pre‑COVID levels. The focus on staple items and the measured DMart ReADY expansion help protect earnings, but they also limit the chance to increase ticket size and operating leverage. What It Means for Investors For a higher valuation, DMart would need a steady rise in discretionary‑led same‑store sales and better store productivity, not just higher margins. As things stand, earnings are likely to grow steadily rather than sharply. Analyst Outlook Revenue forecasts cut by about 2% for FY26 and 4% for FY27. Earnings (EBITDA) estimate raised by roughly 4% for FY26. Projected compound annual growth rates (CAGR) for revenue, EBITDA and profit after tax are 16%, 17% and 17% from FY25 to FY28. Target price lowered to INR 4,000 from INR 4,400. Recommendation remains a “Hold”. Bottom Line DMart shows strong margin discipline but its growth pace is easing. Investors can expect steady earnings, but big upside may require a pick‑up in same‑store sales and productivity. Remember, this is just an analysis, not a prediction. Do your own research before making any investment decisions.
DMart surprised investors in the third quarter of FY26 by delivering earnings that were well above expectations, thanks mainly to better profit margins. Why margins improved The company’s gross margin rose 50 basis points year‑on‑year to 14.6%, beating forecasts by about 60 basis points. The improvement came from two key factors: GST reduction: Lower taxes meant the retailer could offer fewer discounts. Better product mix: More sales came from higher‑margin items like FMCG and grocery‑and‑mart (GM&A) and less from the low‑margin food segment. In addition, the cost of running stores per square foot stayed flat, helping the EBITDA margin climb another 50 basis points to 8.4% and delivering a 20% rise in standalone EBITDA. Revenue growth slows, stores keep opening Top‑line growth eased to about 13% year‑on‑year, even though the chain added roughly 14% more selling space. Same‑store sales grew only 5.6% in the quarter, down from 6.8% in the previous quarter and 8.3% a year earlier. The slowdown reflects the larger footprint rather than weaker demand. DMart opened 10 new stores in Q3, bringing the nine‑month total to 27 stores—up from 22 in the same period last year. Management plans to add about 60 stores in FY26, making expansion the main driver of future growth. Analyst outlook Motilal Oswal assigns a 43x FY28 EV/EBITDA multiple (equivalent to roughly 79x FY28 P/E) to the business and raises its target price to INR 4,600 per share. The firm maintains a BUY recommendation. Bottom line DMart’s profit beat shows that margin improvements can offset slower same‑store sales, while aggressive store roll‑outs remain central to its growth story. Disclaimer Remember, this is just an analysis, not a prediction. Do your own research or talk to a certified financial adviser before making any investment decisions.