Market Bizzz

Today, November 11, marks the final opportunity for investors to acquire shares in Sagility, Gujarat Pipavav Port, Kaveri Seed Company, and others to qualify for their upcoming dividend payouts. The ex-dividend date for these companies is November 12, meaning shares must be held by the close of today’s trading session.

Nykaa’s parent company, FSN E-Commerce Ventures, saw a remarkable 243% surge in net profit for Q2FY26, reaching Rs 34 crore. Revenue climbed 25% to Rs 2,346 crore, with gross margins hitting a 12-quarter high. EBITDA also saw a significant 53% jump, marking a post-IPO record. Analysts remain optimistic, maintaining ‘Buy’ ratings.

Garden Reach Shipbuilders & Engineers shares will trade ex-dividend on November 11. Investors must buy before today to receive the Rs 5.75 interim dividend. This payout is from profits for the half-year ending September 30, 2025. GRSE is a Ministry of Defence undertaking. Other companies like Chambal Fertilisers and Chemicals also have ex-dividend dates.

The coming week will see a flurry of IPO activity with five public issues—PhysicsWallah, Emmvee Photovoltaic Power, and Tenneco Clean Air India among them—looking to raise over Rs 10,000 crore across sectors like edtech, clean energy, automotive, and pharma, testing investor appetite and liquidity.

Despite a flat market, selective traction is building in banking stocks as sector rotation picks up pace. Deven Choksey of DRChoksey FinServ expects stronger earnings in H2FY26, led by improved cost controls, SME loan growth, and government-led consolidation tailwinds in public sector banks.

SBC Exports Ltd reported a significant profit jump in the September quarter of FY26. Profit after tax doubled to Rs 11.36 crore. This growth was driven by new order wins. Revenue also saw a substantial increase of 28.49 percent. The company secured several work orders and export contracts.

Arvind Ltd faces challenges from US tariffs. The company is realigning its supply chain and expanding into new markets. Cost optimization measures are in place to counter margin pressure. Arvind remains committed to its long-standing customers. These strategies aim to maintain competitiveness and profitability in the current trade environment.

Puravankara Limited saw revenue climb 28% year-on-year in Q2FY26. Sales reached Rs 1,322 crore, with collections at Rs 1,047 crore. The company added significant development potential to its pipeline. Upcoming launches are planned, leveraging regulatory clarity and strong market demand. Despite a net loss, Puravankara is focused on growth and project execution.

Shipping Corporation of India (SCI) announced a ₹3 per share interim dividend for FY26, with November 19 as the record date. Q2FY26 profit fell 35% YoY to ₹189 crore, while revenue declined 8% to ₹1,339 crore.