A host of companies from banks to NBFCs to pipe makers have come out with their business updates so far. Here's a look at the companies that have reported their business updates so far and how the stocks reacted to them:
NMDC
The state-run miner's total production in December stood at 5.4 MT compared to 4.7 MT during the same month last year.
Sales for December also increased to 4.64 MT from 3.91 MT last year.
For the first nine months of the year, NMDC's production stood at 36.89 MT, a jump from 30.77 MT for the same period last year, while sales have increased to 34.92 MT from 31.8 MT last year.
Tamilnad Mercantile Bank
The company reported an 8% growth in advances on a sequential basis for the December quarter and 16% on a year-on-year basis.
This is ahead of the 14% to 15% guidance that the company had given for the full financial year.
Deposits for the quarter also went up by 12.5% from last year, led by a 15% surge in CASA deposits.
Shares recovered from the lows of the day and are currently trading 0.7% higher at ₹517.4.
Karur Vysya Bank
For the December quarter, the south-based lender reported a 17% growth in its overall advances to ₹92,719 crore.
Deposits for the quarter also grew by 15.6% from last year to ₹1.14 lakh crore.
The management has earlier indicated to CNBC-TV18 that growth will sustain two percentage points above industry growth.
Karur Vysya Bank shares surged to the day's high after the announcement, trading 3% higher at ₹271.5. The stock is up 45% in the last 12 months.
APL Apollo Tubes
For the December quarter, APL Apollo's sales volumes increased by 11% from last year to 9.16 lakh tonnes, while for the first nine months of the year, overall volumes were also up 11% from last year to 25.66 lakh tonnes.
Sales volumes for the quarter were at record high levels.
Shares of APL Apollo are trading 2.9% higher after the announcement at ₹1,968.9. The stock is up 24% in the 12-month period so far and also made a 52-week high on Thursday.
Coal India
The state-run mining company reported a 4% growth in its production for the month of December. Despite that, the total offtake for the month was down by 5%.
On a year-to-date basis, Coal India's production figure is at 60% of the overall production target of 875 MT for financial year 2026.
Offtake in the first nine months of the year, is also lower on a year-on-year basis.
Shares are currently little changed at ₹400.6. The stock has risen 6% in the last one month.
IREDA
IREDA was among the first companies to report their business update for the quarter after market closing on Wednesday.
For the December quarter, the company's loan sanctioned increased by 29% from last year to ₹31,087 crore, while disbursements grew by 44%.
The state-run company's loan book outstanding stood at ₹87,975 crore, which is 28% higher than the same quarter last year.
Shares of IREDA are down 0.4% lower, coming significantly off the highs of the day, to trade at ₹139.45. The stock is down over 55% from its all-time high of ₹310.
HUDCO
HUDCO reported loan sanctions of ₹46,167 crore for the December period, while disbursements stood at ₹15,508 crore.
Its disbursements grew by 45% from last year, while sanctions grew 29%^
Shares of HUDCO are down 4.2% in the last 12 months.
To get the latest update for the December auto sales, click here.
