Budget Aftermath: Maruti, Power Grid Lead Market Gains; Meesho, BDL Among Losers

Business
M
Moneycontrol•02-02-2026, 16:25
Budget Aftermath: Maruti, Power Grid Lead Market Gains; Meesho, BDL Among Losers
- •Maruti Suzuki India's shares surged after reporting a record high in January sales, reaching 2,36,963 units.
- •Mahindra Lifespace Developers turned profitable in Q3 FY25, reporting a net profit of ₹108.88 crore, leading to a stock jump.
- •Campus Activewear saw its net profit increase to ₹63.7 crore in Q3 FY25, boosting its share price.
- •PowerGrid's shares rose significantly after increasing its capital expenditure guidance for FY2026, surpassing previous estimates.
- •Meesho's shares hit a lower circuit after its net loss widened nearly 13 times to ₹490.68 crore in Q3 FY225.
Why It Matters: Post-budget, some stocks like Maruti and PowerGrid gained on strong performance, while Meesho and BDL faced losses.
✦
More like this
Loading more articles...





