Stocks of the Day: MCX Soars, Nuvama Dips, Adani Clarifies SEC Matter
Share Market
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CNBC Awaaz•27-01-2026, 10:26
Stocks of the Day: MCX Soars, Nuvama Dips, Adani Clarifies SEC Matter
- •MCX reported stellar Q3 results with net profit surging from Rs 160 crore to Rs 400 crore and revenue increasing from Rs 300 crore to Rs 666 crore, driven by an 82% QoQ rise in F&O Average Daily Turnover.
- •Nuvama's Q3 results disappointed, with flat net profit at Rs 254 crore and only 6.7% revenue growth, leading to its stock falling below the Rs 1,240 mark after opening.
- •Adani Group clarified it is not part of any SEC proceedings and faces no allegations, easing investor concerns regarding Adani Green and Adani Enterprises.
- •JSW Energy's Q3 results were weak, with revenue 13% below estimates and EBITDA down 6%, due to lower power generation and sluggish bidding activity, putting pressure on its stock.
Why It Matters: MCX's strong performance contrasted with Nuvama and JSW Energy's weak results, while Adani Group eased SEC concerns.
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