Aequs shares fell 12% as Q2 losses widened despite higher revenue. Meanwhile, Sigma Advanced Systems climbed 5% on a Rs 973 crore NATO order. Dalmia Bharat declined 5% following a brokerage downgrade over volume concerns, while Tata Consumer Products gained 6% after reporting a profit increase.
The stock market saw a mixed trading session on October 27, 2026, with individual company results and order wins driving share price movements. Aequs shares were among the major decliners, falling 12 percent as the company reported a rise in quarterly losses. While revenue increased significantly by 45.3 percent to Rs 409.1 crore, the company’s bottom-line was hit by widening losses, which rose to Rs 52.3 crore from Rs 20.59 crore in the same period last year. Investors reacted to the inability of higher sales to offset rising costs.
In contrast, Sigma Advanced Systems emerged as a gainer, with shares rising 5 percent following an announcement of a Rs 973 crore contract. The company is set to manufacture Base Bleed units for 155 mm artillery ammunition for a NATO customer. This order is expected to be executed over the next year, providing a clear revenue visibility for the company. In the infrastructure space, Highway Infrastructure shares rose 1 percent after securing a Rs 91.78 crore Letter of Acceptance from the National Highways Authority of India for the Baiti Kala Fee Plaza in Uttar Pradesh.
Dalmia Bharat faced selling pressure, with the stock falling 5 percent after a downgrade from HSBC to 'hold'. Analysts highlighted concerns regarding muted volume growth in the cement sector and persistent cost pressures. The firm noted that the company’s recently acquired assets might continue to weigh on financial results through fiscal year 2027. This highlights the ongoing challenges in the cement industry, where companies are struggling with both pricing and volume demands.
Tata Consumer Products performed positively, with shares climbing 6 percent. The company reported a 15.7 percent increase in consolidated profit to Rs 470.1 crore, accompanied by a 14 percent revenue rise, signaling steady performance in its consumer goods segment. Meanwhile, Genus Power Infrastructures shares rose 3 percent after the company authorized a buyback program. The buyback is valued at Rs 148.2 crore, with a fixed price of Rs 312 per share.
Elsewhere, Ather Energy remained in focus as HSBC maintained a 'buy' rating with a target price of Rs 1,800. The brokerage noted the company achieved an EBITDA break-even in the second quarter. However, the rating agency also warned that the market reception for the new Konarc product has been lukewarm, which may pose a risk to near-term performance. Investors continue to track whether product launches can drive sustainable growth in the competitive electric vehicle segment.