Mac Charles (India) Ltd, a micro-cap player in the Hotels & Resorts sector, has recently formed a Death Cross, a significant technical indicator where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and raising concerns about the stock’s near- and long-term prospects.

Aarey Drugs & Pharmaceuticals Ltd has recently formed a Death Cross, a significant technical indicator where the 50-day moving average (DMA) crosses below the 200-DMA. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and raising concerns about the stock's medium to long-term outlook within the Pharmaceuticals & Biotechnology sector.

Diamond Power Infrastructure Ltd has recently formed a Death Cross, a significant technical indicator where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and raising concerns about the stock’s medium to long-term outlook.

Gabriel India Ltd, a prominent player in the Auto Components & Equipments sector, has recently formed a Death Cross as its 50-day moving average (DMA) crossed below the 200-day moving average. This technical development often signals a shift towards a bearish trend, indicating potential long-term weakness and a deterioration in the stock’s momentum.

Meera Industries Ltd has recently formed a Golden Cross, a significant technical indicator where the 50-day moving average (DMA) has crossed above the 200-day moving average. This development often signals a potential bullish breakout, indicating a shift in long-term momentum and a possible trend reversal for the industrial manufacturing company.

Barak Valley Cements Ltd has recently formed a Golden Cross, a significant technical indicator where the 50-day moving average (DMA) crosses above the 200-day moving average. This development often signals a potential bullish breakout, indicating a shift in long-term momentum and a possible trend reversal for the micro-cap cement company.

The December 2025 quarterly earnings season has unfolded with a nuanced picture across market capitalisation segments, revealing a modest improvement in positive results and a notable surge in mid-cap profitability. With 1,521 companies reporting, the data highlights sectoral outperformance and evolving investor sentiment as the market navigates a complex macroeconomic backdrop.

Shilpa Medicare Ltd., a Raichur-based pharmaceutical company specialising in active pharmaceutical ingredients (APIs), formulations, and contract development, reported consolidated net profit of ₹44.58 crores for Q3 FY26 (October-December 2025), marking a marginal 1.16% quarter-on-quarter increase but a robust 40.28% year-on-year surge. Despite the impressive earnings growth, the stock has languished, trading at ₹318.00 with a market capitalisation of ₹6,122 crores, down 36.60% from its 52-week high of ₹501.60.

CESC Ltd., the Kolkata-based integrated power utility and flagship company of the RP-Sanjiv Goenka Group, reported a sharp 33.41% quarter-on-quarter decline in consolidated net profit to ₹285.00 crores for Q3 FY26, despite posting a 12.47% year-on-year revenue increase. The disappointing results triggered a bearish technical shift, with the stock trading at ₹154.05 as of February 6, 2026, down 12.22% over the past three months and significantly below all key moving averages.

TPI India Ltd., a micro-cap packaging company with a market capitalisation of ₹74.00 crores, reported a striking turnaround in Q3 FY26 profitability, yet the company's deeply negative book value and elevated valuation multiples raise serious questions about long-term sustainability. Net profit surged 131.82% quarter-on-quarter to ₹0.51 crores from ₹0.22 crores in Q2 FY26, whilst year-on-year growth accelerated 200.00% from ₹0.17 crores in Q3 FY25. The stock responded with enthusiasm, rallying 16.83% to close at ₹19.51 following the results announcement.

Simmonds Marshall Limited, a micro-cap auto components manufacturer with a market capitalisation of ₹151.00 crores, reported a striking 228.79% year-on-year surge in net profit to ₹4.34 crores for Q3 FY26 (October-December 2025), up from ₹1.32 crores in the corresponding quarter last year. The sequential growth was equally impressive at 14.51% compared to Q2 FY26's ₹3.79 crores. However, beneath this headline-grabbing performance lies a complex narrative of technical weakness and structural quality concerns that investors cannot afford to ignore.

Priya Limited, a Mumbai-based trading and distribution company, reported an extraordinary turnaround in its Q3 FY26 results, posting a net profit of ₹7.13 crores compared to a loss of ₹0.95 crores in Q2 FY26. However, this dramatic swing appears to be a one-time accounting adjustment rather than operational improvement, as the company continues to report zero revenues and mounting operational losses. With a market capitalisation of just ₹6.00 crores and a negative book value of ₹163.14 per share, the company remains in severe financial distress.

Gujarat Petrosynthese Ltd., a micro-cap petrochemicals manufacturer with a market capitalisation of just ₹33.00 crores, has continued its bearish descent, with shares declining 2.82% to ₹56.07 on February 6, 2026. The stock's downward trajectory reflects mounting investor scepticism despite a recent profitability spike, as the company grapples with persistently weak operational metrics and anaemic return ratios that have plagued its performance for years.

Ecoplast Limited, a specialist manufacturer of multilayer co-extruded polyethylene and copolymer films for flexible packaging applications, reported a concerning profit decline in Q3 FY26 despite modest revenue growth. The company posted a consolidated net profit of ₹1.41 crores for the quarter ended December 2025, marking a sharp 33.49% year-on-year decline from ₹2.12 crores in Q3 FY25. The sequential performance was equally troubling, with profits dropping 30.20% from ₹2.02 crores in Q2 FY26. With a market capitalisation of ₹154 crores, the micro-cap stock has struggled significantly, declining 26.47% over the past year whilst the broader market gained 7.07%.

BEML Ltd., the defence public sector enterprise under the Ministry of Defence, reported a sharp deterioration in its Q3 FY26 financial performance, swinging to a net loss of ₹22.38 crores from a profit of ₹24.41 crores in the year-ago quarter. The 191.68% year-on-year decline in profitability, coupled with near-zero operating margins, has raised concerns about execution challenges and project delays at the Bangalore-based equipment manufacturer. The stock plunged 7.59% following the results announcement, trading at ₹1,615.50 and reflecting growing investor anxiety about the company's near-term prospects despite a 23.69% increase in quarterly revenue.

Greaves Cotton Ltd., a diversified engineering conglomerate specialising in fuel-agnostic powertrain solutions and e-mobility, reported a consolidated net profit of ₹25.50 crores for Q3 FY26 (October-December 2025), marking a modest decline of 1.96% quarter-on-quarter but a robust 22.54% year-on-year growth. However, the stock has faced significant headwinds, plunging 41.37% over the past year and currently trading at ₹168.90, down 44.71% from its 52-week high of ₹305.50. With a market capitalisation of ₹3,899 crores, the small-cap company faces mounting valuation concerns despite sequential revenue growth.

Procter & Gamble Health Ltd. reported a mixed performance for Q3 FY26 (October-December 2025), with net profit declining 12.37% quarter-on-quarter to ₹77.59 crores despite revenue growth of 15.06%. The pharma major, with a market capitalisation of ₹8,602 crores, continues to trade at premium valuations even as operational challenges persist. The stock has declined 13.27% over the past three months and currently trades at ₹5,193.95, down 1.24% from the previous close.

Smartlink Holdings Ltd., a micro-cap IT hardware company with a market capitalisation of ₹135.00 crores, reported a consolidated net profit of ₹2.24 crores for Q3 FY26 (October-December 2025), marking a 20.43% quarter-on-quarter increase but an 11.81% year-on-year decline. The stock has been under sustained pressure, trading at ₹131.00 as of February 5, 2026, down 26.09% over the past year and significantly underperforming both the broader market and its sector peers.

The United Nilgiri Tea Estates Company Ltd., a seventy-four-year-old tea producer operating under the Chamraj group, reported a modest performance for Q3 FY26 ended December 2025, with net profit rising 17.70% quarter-on-quarter to ₹5.32 crores, though the year-on-year comparison showed more subdued growth of 3.57%. The ₹240 crore market capitalisation micro-cap company, which specialises in growing and manufacturing tea across green, black, herbal, and flavoured varieties, saw its stock trading at ₹489.10, reflecting a gain of 2.70% following the results announcement.