January 30, 2026 – Indian markets saw sharp reactions in stock prices following the Q3 results of several key companies. Nippon Life India Asset Management and Cupid Ltd emerged as the top gainers, while Deepak Fertilisers and Petrochemicals faced significant losses after their quarterly numbers.
Market Performance Highlights
The stock market movement on January 30 reflected investor focus on corporate earnings for the December quarter. Key trends included:
- Nippon Life India AMC climbed 3.1%, touching Rs 889 per share. The stock had earlier surged 6.9% during the session.
- Cupid Ltd shares jumped as much as 13.3%, hitting Rs 442, their highest since January 19. By early afternoon, the stock was up 10% at Rs 423.45.
- Deepak Fertilisers extended its losses, sliding nearly 9% to Rs 1,016.5, marking the steepest drop in 12 months.
These price movements underline how Q3 results impact investor sentiment and trading patterns across sectors, particularly in financial services, health, and chemicals.
Nippon Life India Asset Management: Q3 Gains and Revenue Growth
Nippon Life India AMC delivered a strong December quarter performance, boosting investor confidence. Key financial highlights for the quarter include:
- Consolidated net profit: up 37% year-on-year
- Revenue: grew 20% year-on-year compared to the previous quarter.
The company’s consistent fund performance and steady inflows contributed to its better-than-industry growth. Over the course of 2025, Nippon Life AMC shares surged 21%, reflecting strong investor interest.
Cupid Ltd: Profit Surge Drives Stock Rally
Cupid Ltd, a prominent player in health and personal care products, posted remarkable Q3 results. The company’s financial performance triggered a notable uptick in its share price. Key numbers:
- Consolidated net profit: jumped to Rs 33 crore, more than double the previous year
- Revenue: increased 101% year-on-year
The stock recorded a more than six-fold gain in 2025, reflecting strong growth momentum. The Q3 results further reinforced its upward trajectory, attracting attention from investors.
Deepak Fertilisers and Petrochemicals: Profit Decline Hits Shares
Deepak Fertilisers saw its Q3 results fall short of expectations, leading to significant market reaction. Financial highlights for the quarter include:
- Net profit: down 44%, impacted by weaker agrochemical demand and rising input costs
- Mainstay fertilisers segment: revenue increased 26%
- Chemicals segment: revenue declined 7.5%
The stock has already fallen 21% in January and closed 7% lower following the Q3 announcement, marking a challenging start to the year for the company.
Summary
The Q3 results of these companies underscore the direct impact of quarterly earnings on stock prices.
- Nippon Life AMC continued its upward streak with solid revenue and profit growth.
- Cupid Ltd achieved remarkable profit gains, pushing the stock to multi-week highs.
- Deepak Fertilisers faced margin pressures that triggered steep declines.
These movements reflect the broader sentiment among investors reacting to quarterly financial disclosures. Companies demonstrating strong growth continue to attract investor interest, while those facing challenges see immediate market corrections.
Source: Moneycontrol
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