The market saw several stocks reacting to their quarterly results by mid-day as investors reacted to recent quarterly results and business updates. While some companies reported pressures from higher costs or slower growth, others highlighted gains from strong deal wins and operational improvements. Let’s take a look at each of these stocks –
SBI Cards
The share price of SBI Cards has been under severe selling pressure today, down over 5% in intra-day trade. This is after the company posted a lower-than-expected Q1FY26 PAT at Rs 560 crore, down 6% YoY. One of the key reasons for this decline is the higher credit costs and a slow growth in receivables. As per Elara Securities, one of the key reasons for the significant slowdown in receivables is due to the tighter underwriting. The growth in receivables slowed to 7% YoY in Q1FY26 from 20-40% YoY over FY23 to mid-FY25. Credit cost remains elevated, up 60 bps YoY primarily on the back of the revised expected credit loss or ECL rate due to periodic data refresh and rising interest-earning assets.
Vishal Mega Mart
The Vishal Mega Mart share price too saw a sharp decline in trade today, down nearly 5%. Slower same-store sales growth in Q1FY26 due to a shift in the festive calendar has been attributed as the key factors impacting Q1 performance. However, the company achieved strong margin growth, thanks to cost optimisation and seasonal benefits. The management now anticipates a demand surge and improved momentum during this year’s earlier festive season. Moreover, the LimeRoad numbers seem a little less discouraging. The losses decreased significantly YoY, contributing to the strong margin beat.
MphasiS
This tech counter is one of the top gainers in an otherwise falling market. The share price is up over 3%. JM Financial has a Buy on it and they expert over 25% upside potential i the stock price. The company’s total TCV is $760 million, up 140%/95% YoY/QoQ. This was their highest ever deal win in a quarter. 68% of the TCV won was AI-led, indicating continued traction in AI platforms. Growth in the large deal pipeline was strong too, up 40% QoQ. They are optimistic about growth momentum in FY26, anchored on a robust pipeline, execution of large deals and wallet share gains. They expect to deliver 2x industry growth in FY26.
Paytm
Paytm shares are up over 2%. The company had reported a strong Q1, Better core and transitionary benefits helped the quarterly performance. During the first quarter, The company has reported 3% QoQ growth in MTUs to 74 million in Q1. GMVs by 6% QoQ.
NTPC Green Energy
The NTPC Green Energy share price is also up over 2% in trade today in an overall falling market. The share price is up over 3% in the last 1 month. The shares outperformed the sector by over 3% in intra-day trade too.