Home Market News Stock Market Highlights: Nifty 50 reclaims 24,800 as indices snap three-day losing streak 
Nifty 50 Highlights: Banking and midcap stocks participated in the rally on Tuesday, with the Nifty Bank index gaining 137 points to close at 56,222. The Nifty Midcap index outperformed, surging 466 points to end at 57,985. Reliance Industries led the market higher and was among the top Nifty gainers. Jio Financial Services, a Reliance Group company, surged over 4% ahead of a board meeting on fundraising, drawing investor attention. Among individual stocks, Asian Paints closed 2% higher after posting a steady set of quarterly results. Larsen & Toubro (L&T) rose more than 2% on buying interest ahead of its earnings announcement. Tata Chemicals emerged as the top midcap gainer, soaring 7% following a brokerage upgrade. Varun Beverages climbed over 5% on a positive demand outlook, while Amber Enterprises gained 5% after its Q1 earnings came in better than estimates. Bosch hit a record high, rallying 5% on buying interest ahead of its results. Torrent Pharma added 4% after reporting an in-line Q1 performance.
On the downside, Indian Energy Exchange (IEX) declined over 3% following another negative brokerage note. Despite that, the overall market sentiment remained upbeat, supported by robust buying across sectors.
Net profit (GU)20.5% at �48.2 crore vs �40 crore (YoY)
Revenue (GU)12% at �597.5 crore vs �533 crore (YoY)
EBITDA (GU)12.5% at �89 crore vs �78.7 crore (YoY)
Margin flat at 14.8% (YoY)
The National Stock Exchange (NSE) Ltd. reported its results for the June quarter on Tuesday, July 29, where its net profit increased by 10% from the March quarter, while its margins also expanded.
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Net profit (RD)14.2% at �28.5 crore vs �33.2 crore (YoY)
Revenue (GU)3% at �600.8 crore vs �584 crore (YoY)
EBITDA (GU)6.4% at �61.7 crore vs �58 crore (YoY)
Margin at 10.3% vs 9.9% (YoY)
ACME commissioned more than 1,700 megawatts in the last year, and now has around 4 gigawatts of executable capacity, with a plan to complete 2 gigawatts in the next calendar year and another 2 gigawatts the year after that.
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Net profit up 41.2% at �350.4 crore vs �248 crore (YoY)
Revenue up 13.2% at �3,551.5 crore vs �3,137.2 crore (YoY)
EBITDA up 40.4% at �526 crore vs �374.4 crore (YoY)
Margin at 15% vs 12% (YoY)
Jubilant Pharmova shares fell 2% to �1,150.20 on the BSE after the company announced its results. Despite the drop, the stock has gained 52.61% so far this year.
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Hind Rectifiers shares hit the 20% upper circuit on Tuesday, July 29, after the company announced its quarterly results and said it would raise funds by issuing warrants to promoters.
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Arvind SmartSpaces, an Ahmedabad-based real estate company, plans to launch a luxury weekend homes project near Mumbai later this year.
The 98-acre project, located beyond the Atal Setu corridor, is aimed at wealthy urban buyers.
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Hind Rectifiers surged 19.99% to �1,712.20 from its previous close of �1,426.90 as of July 29, 2025, 2:29 PM. The companys market cap stands at �2,938.59 crore.
It is listed on the NSE, with a trading volume of 11.11 lakh shares.
Over the past five sessions, the stock gained 28.38%. Its price-to-earnings (P/E) ratio is 79.12.
Gabriel India, the auto components maker, reported a 16% rise in revenue to �1,098.3 crore on Tuesday, July 29, compared to �946.5 crore last year. The companys net profit also increased 7% year-on-year to �62 crore.
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Torrent Pharma shares hit an all-time high, rising nearly 4% after the company reported strong Q1 results.
Asian Paints announced its Q1 results, reporting 3.9% growth in domestic decorative volumes, higher than CNBC-TV18s estimate of 23%.
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Eternal, the parent company of Zomato and Blinkit, more than doubled its employee count to 16,375 in FY25.
The rise was mainly due to growth in its quick-commerce business and going-out services like restaurant bookings and events.
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Guruprasad Srinivasan, ED & CEO and Sushanth Pai, CFO of Quess Corp, On CNBC-TV18
Majority Of Demand Is Coming From GCC & Non-tech Companies Focus Is On Improved Operational Efficiency & Margin Profile Mix Improving, Professional Staffing Is Contributing To Profits To A Larger Extent
Margin Will Gradually Move Towards 2% By FY26
V-Guard Q1
- Net Profit (RD)25.2% At �74 Cr Vs �99 Cr (YoY)
- Revenue (RD)0.7% At �1,466 Cr Vs �1,477 Cr (YoY)
- EBITDA (RD)20.6% At �123.6 Cr Vs �155.6 Cr (YoY)
- Margin At 8.43% Vs 10.53% (YoY)
V-Guard To Foray Into Lighting Biz
The Defence Research and Development Organisation (DRDO) successfully carried out back-to-back flight tests of the Pralay missile on July 28 and 29.
The missile was developed by Bharat Dynamics and BEL.
National Securities Depository Ltd. (NSDL) is set to launch its initial public offering (IPO) on Wednesday, July 30. The issue consists solely of an Offer for Sale (OFS )valued at �4,011.60 crore.
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Net Profit (GU)24% At �60 Cr Vs �49 Cr (YoY)
Revenue (GU)56% At �550 Cr Vs �353 Cr (YoY)
EBITDA (GU)43% At �120 Cr Vs �84 Cr (YoY)
Margin At 21.8% Vs 23.8% (YoY)
Amber Ent Q1
- Net Profit (GU)44% At �104 Cr Vs �72 Cr (YoY)
- Revenue (GU)44% At �3,449 Cr Vs �2,401 Cr (YoY)
- EBITDA (GU)31% At �256 Cr Vs �196 Cr (YoY)
- Margin At 7.4% Vs 8.2% (YoY)
