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7 min read | Updated on November 11, 2025, 08:23 IST
SUMMARY
Britannia Industries shares will be in focus on Monday after the company informed exchanges that its Vice-Chairman, Managing Director and Chief Executive Officer Varun Berry has resigned.

IRB Infrastructure on Monday posted a 9% year-on-year rise in its toll revenue to ₹682 crore in October 2025. Image: Shutterstock
The Indian equity markets are set to open higher on Tuesday, November 11, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad advanced 14 points to 25,720 amid strong cues from Asian markets.
The Indian equity benchmarks snapped their three-day losing streak on Monday, November 10, on the back of strong global cues as investor sentiment turned positive after reports suggested that historic United States government shutdown could end soon.
Asian markets were trading higher on Tuesday tracking overnight gains on the Wall Street. Japan's Nikkei rose 0.42%, Singapore's Straits Times advanced 1.34%, Hong Kong's Hang Seng was trading on a flat note and South Korea's KOSPI advanced 1.31%.
Overnight, US stocks ended higher on Monday on the back of renewed buying interest in AI related stocks and growing optimism that US government historic shutdown could end soon.
Gains on Wall Street were led by buying in Nvidia, Palantir and other heavyweight AI-related companies following progress in Washington to end a record government shutdown.
S&P500 advanced 1.54%, Dow Jones Industrial Average gained 0.81% and tech heavy Nasdaq jumped 2.27%.
Foreign institutional investors sold shares worth ₹4,115 crore on Monday while domestic institutional investors bought shares worth ₹5,805 crore, data from the National Stock Exchange showed.
The FIIs have so far this month sold shares worth ₹4,830 crore and for the calendar year they have been net sellers to the tune of ₹1,44,740 crore, according to the data from National Securities Depository Limited (NSDL).
In the previous quarter, it had clocked a net loss of ₹6,608 crore, the company said in a regulatory filing.
The country's third-largest telecom service provider witnessed a 2.41% year-on-year (YoY) rise in its revenue from operations, which stood at ₹11,194.7 crore during the quarter under review.
In the September quarter of the 2024-25 fiscal year (Q2FY25), it had clocked a revenue of ₹10,932.2 crore. Sequentially, its revenue increased by 1.6% from ₹11,022 crore in the first quarter of FY26.
At an operational level, it's reported EBITDA (earnings before interest, tax, depreciation, and amortisation) advanced 2.97% YoY to ₹4,685.1 crore in Q2FY26, as against ₹4,549.8 crore in the corresponding period of the previous fiscal year.
Trading members of the exchange are hereby informed that effective from Wednesday, November 12, 2025, the equity shares of Tata Motors Limited (Formerly known as TML Commercial Vehicles Ltd) shall be listed and admitted to dealings on the exchange, known as TML Commercial Vehicles Limited shall be listed and admitted to dealings on the exchange in the list of T Group of Securities, the notice stated.
The non-banking finance company had posted a net profit of ₹4,014 crore in the July-September quarter a year ago.
Its total consolidated income increased to ₹20,181 crore during the quarter under review from ₹17,095 crore a year earlier, BFL said in a regulatory filing.
The net interest income rose 22% to ₹10,785 crore compared to ₹8,838 crore in the second quarter of FY25.
The Pune-headquartered company's total expenditure climbed to ₹13,576 crore against ₹11,697 crore in the year-ago period.
The company's revenue from operations rose to ₹506.2 crore from ₹501.1 crore in the second quarter of FY25, Triveni Turbine said in a statement.
"The quarter under review showed improvement with revenue, EBITDA and PAT, all improving marginally on a year-on-year basis. We are pleased to report record order booking of ₹6.52 billion during Q2 FY26, up 14% year-on-year, driven by robust domestic order booking," Dhruv M Sawhney, Chairman and Managing Director, Triveni Turbine Limited, said.
Revenues from the toll collection business stood at ₹624 crore in the same month last year, IRB said in an exchange filing.
Revenue includes toll collection from two of its sponsored InvITs, i.e., IRB InvIT Fund (Public InvIT) and IRB Infrastructure Trust (Private InvIT), IRB Infra said.
The company has appointed Rakshit Hargave as its Managing Director and Chief Executive Officer, with effect from December 15, 2025, Britannia Industries Ltd said in a regulatory filing.
In the interim, N Venkataraman, currently the Executive Director and Chief Financial Officer, will hold additional charge as CEO of the company till the joining of Hargave, it added.
Berry submitted his resignation and proposed to serve the notice period as per his employment contract. The board accepted his resignation and waived his obligation to serve the notice period, the company said.
The state-owned company had earned a net profit of ₹689 crore in the year-ago period.
The company's total income rose to ₹3,251 crore in the second quarter of this fiscal year from ₹2,526 crore in the corresponding period of the preceding year, Hudco said in a regulatory filing.
The company had posted a net loss of ₹197.2 crore in the corresponding quarter last fiscal, Ather Energy Ltd said in a regulatory filing.
Revenue from operations in the second quarter stood at ₹898.9 crore as against ₹583.5 crore in the year-ago period, it added.
Total expenses in the quarter under review were higher at ₹1,094.8 crore compared to ₹796.1 crore in the same period a year ago, the company said.
On the technical front, the NIFTY50 bounced back from the lower levels by closing nearly 0.3% higher. However, the index failed to close above the 21 EMA level of 25,578. Experts believe, index could resume the bullish momentum after the weekly close above 25,700.
On the options data front, the 25,700 calls hold the highest open interest, indicating near-term resistance for today’s expiry. On the other hand, 25,500 puts hold the highest open interest, indicating the near-term support for the expiry.
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