Key Takeaways
- Tata Steel and IRCTC are expected to lead gains on strong Q2 earnings and dividend announcements.
- SpiceJet and Cochin Shipyard may face selling pressure due to weak quarterly results.
- Indraprastha Gas (IGL) could see range-bound trading amid margin concerns.
- Broader market sentiment will be influenced by global cues and metal sector trends.
Indian stock markets are poised for a mixed opening on Thursday, November 13, 2025, with investor focus firmly on quarterly earnings from key companies.
Stocks Set for Gains
Tata Steel delivered an exceptional performance, with net profit surging 319% year-on-year to ₹3,183 crore. Revenue grew 8.9% to ₹58,689 crore, while EBITDA jumped 45% to ₹8,897 crore. The company’s margin expansion to 15.2% and lower input costs indicate continued positive momentum.
IRCTC reported steady growth with an 11% rise in net profit to ₹342 crore and 7.7% revenue growth. The announcement of an interim dividend of ₹5 per share reinforces the company’s strong fundamentals.
Stocks Under Pressure
SpiceJet reported a widened quarterly loss of ₹621 crore compared to ₹458 crore a year earlier. Revenue declined 13.4% to ₹792 crore, impacted by grounded aircraft and foreign exchange losses.
Cochin Shipyard saw net profit fall 43% to ₹107.5 crore with a sharp 62.7% decline in EBITDA. Despite declaring an interim dividend of ₹4 per share, weak execution and margin compression may limit upside.
Other Key Movers
Indraprastha Gas (IGL) posted a modest 4.5% quarter-on-quarter profit growth to ₹372 crore, but declining margins to 11% could restrict near-term gains.
The broader market closed higher on Wednesday, supported by financial and IT stocks, with optimism around India-US trade talks and resolution of the US government shutdown providing additional support.
