NIFTY, SENSEX trade flat in afternoon deals; Sheela Foam, IT stocks, Devyani Int'l, Sigachi Ind among buzzing stocks

Buzzing stocks: Benchmark indices SENSEX and NIFTY were trading flat on Wednesday, February 4. The SENSEX fell 60 points to 83,679, while the NIFTY50 index rose by 0.04% to 25,737.90 at 12:27 pm.

From the NIFTY firms, Infosys, Tata Consultancy Services, Tech Mahindra, HCL Tech, Wipro, Axis Bank, Hindustan Unilever and Kotak Mahindra Bank were the biggest laggards.

ONGC, Trent, Eternal, Power Grid, NTPC, Titan, Coal India, Mahindra and Mahindra were among the biggest gainers.

Sheela Foam

The stock is up 15.74% to ₹606 apiece on the National Stock Exchange. The Sleepwell mattress maker reported a 212.91% surge in its consolidated profit after tax to ₹52.57 crore in the third quarter ended December 2025. The company posted a post-tax profit of ₹16.80 crore in the same period a year ago.

The consolidated revenue from operations increased by ₹11.09% to ₹1,074.43 crore during the quarter under review from ₹976.11 crore in the December 2024 quarter.

Bharat Coking Coal

This comes after the company recorded a net loss of ₹22.88 crore in Q3 FY26 as against a net profit of ₹424.99 crore in the year-ago period.

Its revenue from operations slid 24.54% to ₹2,782.8 crore in the latest December quarter, compared to ₹3,688.23 crore in the same period of the previous fiscal year.

Mahindra & Mahindra

The vehicles will be supplied this year as part of a cooperative project in the South-east Asian country.

These pick-up vehicles for the Koperasi Desa/Kelurahan Merah Putih (KDKMP) project will play a critical role in improving logistics for Koperasi (cooperatives) being set up across the country.

Notably, the latest vehicle order surpasses the firm's total export volumes achieved in FY25. Under the partnership, Mahindra and Agrinas Pangan Nusantara will work together to equip Koperasi with these vehicles to ensure an effective and seamless flow of fresh supplies from farmers directly to the marketplace, thereby bridging the gap between producer and consumer.

This partnership aims to enhance rural logistics and enable villages to become independent centres of economic growth, M&M Ltd said.

"The volume committed for this partnership will significantly boost our international operations, adding as much as our total export volumes achieved in FY25," said Nalinikanth Gollagunta, CEO, Automotive Division, Mahindra & Mahindra Ltd.

IT stocks

The new AI plug-ins/extensions of Anthropic for its Claude Cowork agent can automate tasks in sales, marketing, legal, compliance and data analysis - areas generally serviced by expensive, licensed software companies.

Shares of Infosys were down 8.06%, Coforge 7.52%, TCS 6.40% and HCLTech 5.53%. Stocks of Wipro, Tech Mahindra and Persistent Systems also fell 4.30%, 6.13% and 6.59%, respectively.

Devyani International

The stock rose 3.74% to ₹120.38 apiece on the NSE after releasing the latest set of numbers for the December quarter. KFC operator Devyani International recorded a consolidated net loss of ₹10.38 crore in the latest December quarter. The company posted a loss of ₹0.49 crore in the year-ago period.

Its revenue from operations surged 11.31% to ₹1,440.89 crore in the reporting quarter as against ₹1,294.4 crore a year back. The company's EBITDA surged 8% year-on-year (YoY) to ₹230 crore.

Sigachi Industries

Shares of Sigachi Industries were trading 13.75% higher at ₹23.49 per unit on the NSE after the Telangana High Court granted conditional bail to the company's managing director, Amith Raj Sinha, in connection with the explosion at the firm’s Pashamylaram factory in Sangareddy district, which resulted in casualties on June 30, 2025.