Still, analysts say the downside may remain limited due to strength in other key sectors, and the Nifty is expected to hold the 25,600-25,700 zone.
In today’s trade, shares of SpiceJet, TCS, Infosys, Coal India, Hindalco among others will be in focus due to various news developments and third quarter results.
Budget carrier SpiceJet reported a consolidated net loss of Rs 261.38 crore in the December-ended quarter compared to a net profit of Rs 20.43 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the holding company. The company’s total revenue from operations stood at Rs 1,408 crore in Q3FY26, up 14% over Rs 1,237 crore posted in the corresponding period of the last financial year.
Coal India
State-owned Coal India on Thursday reported a 16% year-on-year (YoY) decline in its consolidated net profit at Rs 7166 crore in the third quarter. The company has declared third interim dividend at Rs 5.5 per share for the financial year 2026. The record date for the said dividend is fixed on February 18 and the same will be paid on or before March 13.
TCS, Infosys, Wipro
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
Hindalco
Aditya Birla Group’s flagship metal company Hindalco reported a 45% decline in its December quarter consolidated net profit at Rs 2,049 crore compared to Rs 3,735 crore posted in the year ago period. The company’s revenue from operations stood at Rs 66,521 crore in Q3FY26, recording a 14% growth versus Rs 58,390 crore in the October-December period of FY26.Honasa Consumer
Honasa Consumer reported a 93% jump in its December quarter consolidated net profit at Rs 50 crore compared to Rs 26 crore posted by the mamaearth parent in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.
Adani Enterprises
The Supreme Court on Thursday refused to pass any direction against the Adani Group’s proposed thermal power plant in Uttar Pradesh and asked the state and the Central government to file their responses in the matter.
Ashok Leyland
Ashok Leyland is giving a big push to its international growth strategy, announcing plans to set up a new assembly unit in Saudi Arabia and entering into a strategic partnership in Indonesia, as the Hinduja Group flagship seeks to capitalise on rising demand for conventional, electric and defence vehicles across emerging markets, The Times of India reported on February 12.
Biocon
Biocon on Thursday reported over five-fold jump in consolidated net profit to Rs 144 crore for the third quarter ended December 2025, driven by gains in generics and biosimilar business verticals. The Bengaluru-based firm posted a net profit of Rs 25 crore for the same quarter of the last fiscal.