Market News

4 min read | Updated on February 10, 2026, 12:52 IST
SUMMARY
The stock of Railtel Corporation of India rallied as much as 8% to the session’s peak of ₹358.60 per equity share on the NSE on Tuesday, after it received a letter of award (LoA) worth ₹455 crore from West Central Railway.
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The SENSEX advanced as much as 381.62 to an intraday high of 84,447.37 on Feb 10. | Image: Shutterstock
Benchmark indices, SENSEX and NIFTY50, were trading with gains in the afternoon session on Tuesday, February 10, following a positive trend in global markets.
The SENSEX advanced as much as 381.62 to an intraday high of 84,447.37, while the NIFTY50 touched the session’s high of 25,978.90.
At 12:38 PM, the S&P BSE SENSEX gained by 274.31 points, or 0.33%, to 84,340.06. NSE’s NIFTY50 stood at 25,952.60, reflecting an 85.30-point, or 0.33% jump.
On Monday, the foreign institutional investors (FIIs) purchased shares worth ₹2,254.64 crore, while the domestic institutional investors (DIIs) bought equities worth ₹4.15 crore on a net basis, according to exchange data.
The NIFTY50 index was bolstered by buying in the shares of Eternal (6.02%), Tata Steel (2.47%), Bajaj Auto (2.45%), Mahindra & Mahindra (2.29%) and Maruti Suzuki India (1.95%), which were among the top gainers.
On the contrary, Bajaj Finance (-1.62%), Shriram Finance (-1.36%), Dr. Reddy's Laboratories (-1.33%), Asian Paints (-1.05%) and Tata Consumer Products (-0.94%) were among the top losers.
Stocks of Indian textile and spinning companies, including Gokaldas Exports (-3%), Nitin Spinners (-2.5%), KPR Mills (-5%), and Vardhaman Textiles (-3%), were trading in the red after the US and Bangladesh concluded a trade deal on Monday.
Bangladesh accounts for more than 70% of Indian cotton exports. After the trade deal provisions, India might need to find newer markets to absorb the impact of the drop in Bangladesh cotton exports.
Its profit grew from ₹220 crore it had logged in the same period of the previous fiscal year due to strong growth in equity derivatives trading, listings and mutual fund transactions.
Its revenue from operations stood at ₹1,244.1 crore during the quarter under review, marking a 61.97% YoY increase from ₹768.1 crore in the December quarter of FY25.
The construction period for the order, which comprises a 220 MW Solar Power Project integrated with a Battery Energy Storage System (BESS), stands at 24 months and will be followed by an operational period of 25 years.
Furthermore, the firm posted a 1.23% YoY rise in its consolidated net profit to ₹74.1 crore in the December quarter of FY26, on account of higher income.
In the corresponding period of the last fiscal year, it had logged a profit of ₹73.2 crore, Ceigall India said in a regulatory filing on Monday.
Its revenue from operations rose 2.81% YoY to ₹944.7 crore during the quarter under review, as against ₹918.8 crore in Q3FY25.
The stock of Railtel Corp rallied as much as 8% to the session’s peak of ₹358.60 per equity share, after it received a letter of award (LoA) worth ₹455 crore from West Central Railway.
As per the LoA, the project is estimated to be executed by September 24, 2028.
Shares of Amber Enterprises rose as much as 6.65% to an intraday high of ₹7,517 apiece, despite reporting a loss of ₹9.33 crore in Q3FY26, compared to a profit of ₹37.04 crore in the year-ago period.
However, its consolidated revenue from operations grew 38% YoY to ₹2,943 crore for the reporting quarter, as against ₹2,133 crore in the December quarter of FY25.
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