Q2 Results Live: Cupid's Revenue More Than Doubles; Tata Power Profit Up 49% On One Time Gain; Garden Reach Profit Rises 12%
Tata Power is in focus in a quarterly results development.
· NDTV Profit
The September-quarter earnings season continues with results due from Tata Power, Garden Reach Shipbuilders & Engineers, Hindustan Copper, Triveni Turbine, Power Mech Projects and other companies.
The analysis
Tata Power reported movement of 49% and 12%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.0% on the day at ₹360.00, and has returned -5.3% over three months. It sits 22% below its 52-week high. The power sector has moved -8.6% over the same period, so Tata Power is running 3.3 points ahead of its peers.
For Tata Power, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The 4 companies named span 4 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 1 of 4 are higher: Triveni Turbine leads at +2.3% and Tata Power trails at +0.0%.
- Over three months: Tata Power -5.3% against Power -8.6% (3.3 points ahead); Garden Reach Shipbuilders -13.6% against Defence & Aerospace -4.9% (8.7 points behind); Hindustan Copper -18.2% against Metals & Mining -5.8% (12.4 points behind); Triveni Turbine -14.3% against Capital Goods & Engineering -8.1% (6.2 points behind).
- At least 25% below the 52-week high: Garden Reach Shipbuilders (28%), Hindustan Copper (43%) and Triveni Turbine (31%).
- Trading well above normal today: Tata Power at 2.3 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata PowerTATAPOWER · Power | ₹360.00 | 0.0% | +5.2% | -5.3% | -22.0% | 2.3× | — |
| Garden Reach ShipbuildersGRSE · Defence & Aerospace | ₹2,225.40 | 0.0% | +8.8% | -13.6% | -28.1% | 1.7× | — |
| Hindustan CopperHINDCOPPER · Metals & Mining | ₹436.35 | 0.0% | -6.9% | -18.2% | -42.6% | 1.3× | — |
| Triveni TurbineTRITURBINE · Capital Goods & Engineering | ₹514.35 | +2.3% | +0.6% | -14.3% | -30.6% | 0.8× | — |
Power
1M +1.9% · 3M -8.6%
Tata Power
Defence & Aerospace
1M -0.3% · 3M -4.9%
Garden Reach Shipbuilders
Metals & Mining
1M +1.7% · 3M -5.8%
Hindustan Copper
Capital Goods & Engineering
1M -5.6% · 3M -8.1%
Triveni Turbine
Prices as of 12 Nov 2026, 09:13 IST. Sector moves are the average of the stocks we track in each sector.
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