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Q3 results weigh on JSW Energy, Godrej Consumer as India Cements gains
Mixed Q3 earnings triggered sharp declines in JSW Energy and Godrej Consumer, while India Cements rose on better results.
Shares of JSW Energy and Godrej Consumer Products plunged up to 10% after weaker than expected Q3 results raised concerns over margins and near term earnings visibility. In contrast, India Cements gained around 5 percent following improved performance and outlook. Market participants said earnings-driven volatility remains high, with investors closely tracking management commentary, cost pressures, and demand trends across sectors during the ongoing results season.