WhaleWatch

DATE30 Jul

NIFTY 24,317 ▲ 0.28%BANK NIFTY 57,148 ▼ 0.10%NIFTY IT 31,195 ▲ 0.23%NIFTY PHARMA 26,346 ▼ 0.10%BALKRISIND 2,307 ▲ 10.82%PCBL 328 ▼ 10.31%REDINGTON 311 ▲ 8.18%KPITTECH 590 ▼ 7.67%HEXT 576 ▼ 6.91%SONACOMS 764 ▲ 6.00%PFOCUS 290 ▼ 5.98%CUB 215 ▼ 5.85%DEEPAKFERT 1,532 ▼ 5.77%PREMIERENE 983 ▼ 5.16%NIFTY 24,317 ▲ 0.28%BANK NIFTY 57,148 ▼ 0.10%NIFTY IT 31,195 ▲ 0.23%NIFTY PHARMA 26,346 ▼ 0.10%BALKRISIND 2,307 ▲ 10.82%PCBL 328 ▼ 10.31%REDINGTON 311 ▲ 8.18%KPITTECH 590 ▼ 7.67%HEXT 576 ▼ 6.91%SONACOMS 764 ▲ 6.00%PFOCUS 290 ▼ 5.98%CUB 215 ▼ 5.85%DEEPAKFERT 1,532 ▼ 5.77%PREMIERENE 983 ▼ 5.16%

Morning brief · Friday, 31 July 2026

C2C Advanced new chief guides for balance sheet improvement by September

Market pulse

Indian markets ended a mixed session with a slight upward bias, as the benchmark Nifty index added just enough to close above 24,300 while the banking and pharma sectors saw minor declines. The real action was in individual stocks, with Balkrishna Industries surging over ten percent while PCBL saw a sharp selloff, shedding more than ten percent of its value.

Word in the street

What the wider market is buzzing about

C2C Advanced

M.cap ₹763 Cr

Talk on the street this week centered on C2C Advanced, a technology company with a market capitalization of about 763 crore. Investors focused on recent commentary from the new chief executive. He guided for an improvement in the balance sheet and receivables by September, attributing past project delays to material held up at port and integration bugs. With those materials now delivered and tested, the company expects to collect at least 80% of receivables older than 180 days. Discussions also turned to regulatory matters, with management noting that if an investigation were pending, a preferential offer would not have been allowed in November.

Yesterday's big moves