While the headline indices remained steady in afternoon trade, with the Nifty 50 holding above 25,900 and the Sensex near 84,260, the real action shifted to individual stocks following a wave of strong Q3 fiscal results. Corporate India’s earnings momentum has provided a significant boost to specific pockets of the market.

Eicher Motors stole the spotlight as its share price surged up to 6.8%, marking its best single-day gain in over five years. The Royal Enfield manufacturer reported a 21% rise in consolidated net profit, hitting ₹1,421 crore, and announced a massive ₹958 crore expansion plan for its Tamil Nadu facility. Mahindra & Mahindra followed suit with a 2.6% rise in stock price after posting a robust 47% year-on-year growth in net profit, driven by strong operational margins.

In the healthcare space, Apollo Hospitals advanced nearly 6% on the back of a 35% jump in quarterly profit and an interim dividend of ₹10 per share. FMCG major Britannia Industries also enjoyed a 4.8% gain as investors cheered its earnings resilience. However, the most explosive move came from Ashiana Housing, which saw its shares skyrocket over 16% after reporting a staggering 420% leap in consolidated net profit. These moves underscore a market that is currently rewarding bottom-line growth and clear management guidance over broader macroeconomic trends.