Q3 Business Updates: NMDC, Banks Shine, Coal India Mixed, IREDA Dips

• NMDC reported significant production and sales growth for December and the first nine months.
• Tamilnad Mercantile Bank and Karur Vysya Bank showed strong growth in advances and deposits, with their stocks reacting positively.
• APL Apollo Tubes achieved record high sales volumes, leading to a stock surge and a 52-week high.
• Coal India saw production growth but a decline in off-take for December, with its stock remaining largely unchanged.
• IREDA and HUDCO reported strong loan sanctions and disbursements, but IREDA's stock dipped significantly from its highs.

Why It Matters: Q3 updates reveal mixed corporate performance; banks and pipe makers grew, some state-run entities varied.