Unemployment rate falls, Titan profits up 60.8%, & more - Groww Digest

Feb 10, 2026

Markets opened above yesterday’s closing point.

Media stocks and auto stocks rose the most today. Pharma stocks and healthcare stocks fell the most.

Global markets: US markets and most Asian markets rose. Most European markets rose (as of 6 pm IST).

News

India’s unemployment rate stood at 4.8% in the Oct-Dec quarter (vs 5.2% in the previous quarter).
The RBI has increased the limit for collateral-free loans to MSMEs from Rs 10 lakh to Rs 20 lakh, to improve credit access and ease financing for small businesses.
Equity mutual fund inflows stood at Rs 24,029 crore in Jan (vs Rs 28,054 crore in Dec). Debt funds saw an inflow of Rs 74,827 crore, reversing the outflow trend of the previous 2 months: AMFI
The US and Bangladesh have signed a Reciprocal Trade Agreement, cutting US tariffs on Bangladeshi goods to 19% and granting 0% duty on certain textiles made from US raw materials.
Fractal Analytics IPO has been subscribed 0.20 times. Retail subscription: 0.60 times. IPO closes tomorrow (11 Feb).
Aye Finance IPO has been subscribed 0.16 times. Retail subscription: 0.47 times. IPO closes tomorrow (11 Feb).

Titan: net profit rose 60.8% year-on-year to Rs 1,684 crore in the Oct-Dec quarter.
Eicher Motors: net profit rose 21.4% year-on-year to Rs 1,420.61 crore in the Oct-Dec quarter.
Grasim: net profit rose 28.8% year-on-year to Rs 2,232.95 crore in the Oct-Dec quarter.
Tata Motors Passenger: has signed an agreement to supply 70,000 vehicles in Indonesia to boost agricultural and rural logistics.
Marico: company subsidiary MSEA will acquire 75% of Vietnam-based Skinetiq, making it a subsidiary and expanding its skincare portfolio.
BHEL: has received a Letter of Acceptance (LoA) from a Coal India joint venture for making a gasification plant worth Rs 2,800 crore.
Reliance: company subsidiary, Reliance Consumer Products, has acquired Southern Health Foods Pvt. Ltd., the maker of the Manna brand, expanding its presence in the health foods segment.

Interest Coverage Ratio

It shows how easily a company can pay interest on its debt with its earnings.

It is a metric to assess the financial stability of a company.

It’s calculated by dividing a company’s earnings before interest and taxes (EBIT) by its interest expenses.

A higher ratio means the company can comfortably pay its interest, while a lower ratio means it may struggle to make these payments.

Theme: how ETFs work
Day 2: Tuesday

An ETF has units. These units are traded on the exchange.

This is what makes them different from mutual funds.

Mutual fund units are not traded. You can only buy MF units from the AMC and sell it back to them.

ETF units can be sold and bought from anyone like shares.

As long as the number of units in demand matches the supply, no new units need to be created.

But in case the demand exceeds supply, new ETF units have to be created.

Conversely, when there’s more supply of ETF units than demand, units need to be destroyed.

The creation and destruction of units is done by the Authorised Participants (AP).

Q. “What is the confidential route of applying an IPO with SEBI?”

If a company does not release its IPO details publicly, it is called a confidential IPO filing.

One of the first steps for an IPO is filing a DRHP (Draft Red Herring Prospectus), which has a lot of details about the company.

But what happens if the company later on decides not to go for the IPO?

Or if it does not wish to release its details publicly right now?

In such cases, companies choose to go for a ‘confidential’ filing.

They submit their papers to SEBI for now, receive their observations, and release their documents to the public later on.

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