SENSEX, NIFTY50 flat ahead of RBI policy decision; PG Electroplast shares zoom 11% on Q3 results

At 9:27 AM, the S&P BSE SENSEX was trading at 77,992.87, down 65.29 points, or 0.08%, while the NSE's NIFTY50 index was trading at 23,580.50, down 22.85 points, or 0.1%.

29 stocks on the NIFTY50 index were trading in the red and the remaining 22 in the green.

Stocks in news

Shares of PG Electroplast, one of the leading names in the consumer durables space, rallied as much as 10.8% to ₹930.95 apiece on the BSE on Friday, February 7, a day after the company reported a strong set of numbers for the December quarter (Q3 FY25) of the financial year 2024-25.

For the quarter under review, PG Electroplast reported an operating revenue of ₹967.69 crore—a growth of 81.9% YoY. Quarterly EBITDA, or earnings before interest, taxes, depreciation, and amortisation, stood at ₹92.37 crore versus ₹47.00 crore in the year-ago period, a growth of 96.5%.

Shares of diversified firm ITC Ltd were trading nearly 1.5% lower at ₹435.15 apiece on the BSE on Friday, January 7 as the company reported a 7.27% decline in consolidated net profit to ₹5,013.16 crore for the December quarter.

Broader Market

The BSE MidCap index was trading at 42,936.99 levels, down 58.26 points, or 0.14%, while the BSE SmallCap index was trading at 50,129.92, down 375.57 points, or 0.74%.