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Stock market today: Which are top gainers and losers on NSE and BSE on February 13? Check list
The Times Of India· 2026-02-13 11:32
Market Overview - Domestic equities experienced a decline of over 1 percent, influenced by weak global cues and a volatile trading session, with the BSE Sensex falling by 1,048.16 points (1.25 percent) to close at 82,626.76 and the NSE Nifty dropping by 336.10 points (1.30 percent) to settle at 25,471.10 [6][7][8] - The market sentiment was negatively impacted by fading optimism from the US-India trade deal and concerns regarding AI-driven disruptions affecting Indian IT firms, particularly those reliant on the labor arbitrage model [6][8] Sector Performance - Metal stocks faced profit-booking due to a stronger dollar index and reports of Russia's return to the US-dollar settlement system, which raised expectations of potential sanctions relief and concerns over weaker realizations for metal companies [5][8] - Major indices were dragged down by a broad-based selloff, particularly in the metal, IT, and commodity sectors, with most sectors closing in the red [6][8] Global Market Influence - Asian markets, including Hong Kong's Hang Seng, Shanghai's SSE Composite, Japan's Nikkei 225, and South Korea's Kospi, all ended in negative territory, reflecting the global market's downturn [5][8] - European markets showed mixed performance during mid-session trading, while US equities had declined by up to 2 percent in the previous session [5][8]
X @Bloomberg
Bloomberg· 2026-02-13 06:56
China is taking aim at stripped-down, screen-dominated car interiors favored by the likes of Tesla and Xiaomi, requiring that essential safety functions be controlled by physical switches or buttons https://t.co/VbTZ3rpGBU ...
Faraday Future Marks Progress with its Dealer Outreach Goals as it Recruits Leading U.S. Dealers at Its FF Partner Summit Held in Las Vegas on Feb. 5
Businesswire· 2026-02-13 02:15
Core Insights - Faraday Future has made significant progress in its dealer outreach goals by recruiting leading U.S. dealers during its FF Partner Summit held in Las Vegas on February 5, 2026 [1] - The company introduced its FF Partner model, which is a next-generation Co-Creation User Ecosystem designed to create multi-dimensional revenue streams beyond traditional vehicle sales [1] - The summit received positive feedback from dealers, indicating strong interest in the new model and its potential for shared growth and aligned incentives [1] Dealer Outreach and Model Introduction - Several high-quality dealerships emerged as standout prospects, including top-tier luxury dealerships with strong operational track records [1] - The FF Partner model aims to upgrade the traditional dealership framework by enabling revenue from vehicle sales, software and service subscriptions, and robotics products [1] - The model was well-received for balancing innovation with operational discipline, addressing dealer concerns about capital expenditure, inventory risk, and margin compression [1] Robotics Strategy and Ecosystem - The summit coincided with the unveiling of Faraday Future's new robotics strategy, including the introduction of three humanoid and bionic robotic entries [1] - The "Three-in-One" FF EAI Robotics Ecosystem Strategy includes components such as EAI Device, EAI Brain & Open-Source Platform, and EAI Decentralized Data Factory [1] - The hybrid sales and user-operation ecosystem is positioned as a forward-looking alternative to conventional dealership structures, particularly amid industry concerns [1] Next Steps and Execution - Following the summit, the company is entering a structured execution phase, aligning with partners on rollout strategies in priority U.S. markets [1] - Pilot programs will be advanced in states including California, Nevada, New York, and Texas, with timelines coordinated with key product launches [1] - The company plans to maintain engagement with potential partners regarding program structure and prepare for scalable expansion through a tiered partner framework [1]
Buzzing stocks: Hindustan Aeronautics, HCC, GAIL India and more in focus
BusinessLine· 2026-02-13 02:06
Group 1: Hindustan Construction Company Limited (HCC) - HCC secured a railway contract valued at ₹577.89 crore from the Northeast Frontier Railway, awarded to the HCC-VCCL Joint Venture, where HCC holds a 65% stake [1] - The project scope includes construction of four tunnels (Tunnel No. 9: 600 m, Tunnel No. 11: 350 m, Tunnel No. 13: 400 m, Tunnel No. 16: 600 m), cut-and-cover works, earthwork for railway alignment, and ancillary works between Piphema and Zubza sections under the Dimapur–Kohima New BG Line Project [2] Group 2: Savita Oil Technologies Limited (SOTL) - SOTL signed a strategic multi-year partnership with Mahindra & Mahindra Limited Farm Equipment Business, enhancing a relationship built over 25 years [3] - This partnership aims to strengthen product quality, customer confidence, and long-term value creation for India's farming and rural mobility ecosystem [3] Group 3: AION-Tech Solutions Ltd - AION-Tech Solutions Ltd announced the appointment of Biju Mathews as President and CEO, marking a strategic step towards organizational growth and long-term value creation [4] Group 4: Aries Agro - Aries Agro inaugurated a manufacturing unit at GIDC Sayakha Industrial Estate, Bharuch, Gujarat, with an investment of ₹34.99 crore, expected to commence production by the end of March 2026 [5] - The company currently has a capacity of 95,400 taps, with a utilization rate of 76.32% [5] Group 5: Hindustan Aeronautics Limited (HAL) - The Ministry of Defence signed a contract with HAL for the acquisition of eight Dornier 228 Aircraft for the Indian Coast Guard at a cost of ₹2,312 crore under the Buy (Indian) category [6] Group 6: J Kumar Infraprojects - J Kumar Infraprojects received a Letter of Acceptance worth ₹615.53 crore from NBCC (India) for the redevelopment of the GPRA Colony at Netaji Nagar, New Delhi [7] Group 7: Ceigall India - Ceigall India secured a new road project from NHAI for the construction of a four-lane highway in Bihar, involving the four-laning of the Sahebganj–Areraj–Bettiah section of NH-139W, totaling 78.942 km [8]
GreenPower Reports Revenue of $8.5 million and Net Income of $4.2 million for Third Quarter
Prnewswire· 2026-02-13 00:58
Core Viewpoint - GreenPower Motor Company reported a revenue of $8.5 million and a net income of $4.2 million for the third quarter of fiscal year 2026, highlighting a successful transition to a production strategy driven by customer orders despite challenges in the EV sector [1]. Financial Performance - Revenue for the third quarter was $8.5 million, an increase from $7.2 million in the same quarter of the previous year, generated from vehicle sales, parts, leases, and deferred income [1]. - Gross profit on vehicle sales was approximately 28% [1]. - Total sales, general, and administrative costs were reduced to $2.4 million from $5.2 million year-over-year, with recurring expenses excluding non-cash items being less than $2 million [1]. Capitalization and Funding - The company raised gross proceeds of $1,120,050 from the issuance of Series A convertible preferred shares, with a stated value of $1,179,000 [1]. - GreenPower has the right to issue additional Series A Shares in tranches of up to $2 million, totaling up to $16 million under certain conditions [1]. - The company completed several transactions to recapitalize, including closing two term loans totaling $5 million and establishing a new banking relationship with CIBC [1]. Project Developments - GreenPower is managing the New Mexico All-Electric, Purpose-Built, Zero-Emission School Bus Pilot Program, with over $5 million in funding for deploying various types of all-electric school buses and charging infrastructure [1]. - The company is focused on addressing specific challenges in New Mexico, including deployment in urban and rural settings and operating in extreme cold weather [1].
EPA Reverses Climate Stance Underpinning Emissions-Cutting Rules
Bloomberg Television· 2026-02-12 22:28
Under the process just completed by the EPA, we are officially terminating the so-called endangerment finding, a disastrous Obama era policy that severely damaged the American auto industry and massively drove up prices for American consumers. Prices went up incredibly for a worse product. This action will eliminate over $1.3% trillion of regulatory cost and help bring car prices tumbling down dramatically.You're going to get a better car. You're going to get a car that starts easier, a car that works bette ...
Cars.com to Announce Fourth Quarter and Full Year 2025 Financial Results
Prnewswire· 2026-02-12 21:30
Core Viewpoint - Cars.com Inc. is set to announce its financial results for the fourth quarter and full year ended December 31, 2025, on February 26, 2026, highlighting its ongoing commitment to transparency and investor engagement [1]. Financial Results Announcement - The financial results will be discussed in a conference call hosted by CEO Tobias Hartmann and CFO Sonia Jain at 8:00 a.m. CT/9:00 a.m. ET on the announcement day [1]. - A live webcast of the conference call will be available, with a replay accessible shortly after the event [1]. Company Overview - Cars.com Inc. operates as a technology platform that simplifies the buying and selling of cars, connecting over 25 million consumers monthly to dealerships across the U.S. [1]. - The company leverages AI shopping tools, comprehensive vehicle reviews, and personalized market insights to enhance the car buying experience [1]. - Its ecosystem of products aims to help dealers and OEMs sell more cars efficiently through various solutions, including marketplace access and appraisal tools [1].
Hagerty to Report Fourth Quarter 2025 Results and Host Conference Call on Thursday, February 26, 2026
Prnewswire· 2026-02-12 21:15
Group 1 - Hagerty, Inc. will report its fourth quarter 2025 financial results on February 26, 2026, before the market opens [1] - A conference call to discuss the financial results will be held at 10:00 am Eastern Time on the same day, with a live webcast available on the investor relations website [1] - The company protects 2.7 million vehicles across the United States, Canada, and the UK, focusing on enhancing the experience for driving enthusiasts [1] Group 2 - Hagerty offers innovative insurance products, live and digital auctions, and engaging media and events to support car enthusiasts [1] - The Hagerty Drivers Club is noted as the world's largest community of car lovers [1]
What The EPA's Endangerment Finding Rollback Means For Automakers
CNBC· 2026-02-12 21:00
The Trump administration just repealed a scientific finding that provides the legal basis for the EPA to regulate climate pollution. The 2009 endangerment finding concluded that six greenhouse gases threaten public health and welfare by exacerbating extreme weather. The determination required the federal government to regulate carbon dioxide, methane, and other greenhouse gases that are generated by the burning of oil, gas, and coal.It's important because it enables EPA to do its job to adopt standards that ...
Magna International Inc. (NYSE:MGA) Earnings Preview: A Look at the Automotive Giant's Financial Health
Financial Modeling Prep· 2026-02-12 21:00
Core Viewpoint - Magna International Inc. is a leading global automotive supplier with strong anticipated growth in its Power and Vision segments, which is expected to positively impact its upcoming earnings report [1][2][6] Financial Performance Expectations - The company is set to release its quarterly earnings on February 13, 2026, with Wall Street forecasting an earnings per share (EPS) of $1.81 and projected revenue of approximately $10.54 billion [2][6] - There is high anticipation that Magna will surpass these earnings estimates due to robust performance in its key segments [2][6] Competitive Landscape - In comparison to competitors, AAP is projected to achieve a significant 136% growth in EPS, while its revenues may decline by 2%, and DCH is expected to report a wider Q4 loss despite an increase in revenue [3] - These mixed results among competitors highlight the importance of Magna's upcoming earnings report in influencing investor sentiment [3] Financial Metrics - Magna's price-to-earnings (P/E) ratio is approximately 15.76, indicating that investors are willing to pay $15.76 for every dollar of earnings [4][6] - The company's price-to-sales ratio is about 0.39, suggesting a relatively low valuation compared to its sales [4] - The enterprise value to sales ratio is around 0.54, reflecting its total valuation in relation to sales [4] - The enterprise value to operating cash flow ratio is approximately 6.35, indicating efficient cash flow conversion [5] - Magna's debt-to-equity ratio is about 0.59, showing a moderate level of debt compared to equity [5] - A current ratio of 1.18 suggests reasonable liquidity to cover short-term liabilities [5]