Latteys Industr

< -5%

-5% to -3%

Dynamatic Tech

WPIL

Ingersoll Rand

Veljan Denison

Roto Pumps

-3% to 0%

Adarsh Plant

Shakti Pumps

Kirloskar Pneum

0% to 3%

Elgi Equipments

3% to 5%

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and order wins, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

Indus Towers, Indian Oil Corporation, Adani Energy Solutions, Bata India, Canara HSBC Life Insurance Company, Canara Robeco Asset Management Company, Chennai Petroleum Corporation, Glottis, JK Tyre &amp; Industries, KFin Technologies, Mahindra Logistics, Mazagon Dock Shipbuilders, PNB Housing Finance, Raymond, Sona BLW Precision Forgings, SRF, Supreme Industries, Tata Investment Corporation, Tamil Nadu Newsprint &amp; Papers, and Welspun Specialty Solutions will release their quarterly earnings today.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/kotakmahindrabank/KMB" target="_blank">Kotak Mahindra Bank</a> Q2 (Standalone YoY)

Profit falls 2.7% to Rs 3,253.3 crore Vs Rs 3,343.7 crore

Net interest income rises 4.1% to Rs 7,310.7 crore Vs Rs 7,019.6 crore

Provisions and contingencies spike 43.5% to Rs 947.4 crore Vs Rs 660.4 crore

Gross NPA drops to 1.39% Vs 1.48% (QoQ)

Net NPA declines to 0.32% Vs 0.34% (QoQ)

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/drreddyslaboratories/DRL" target="_blank">Dr Reddy's Laboratories</a> Q2 (Consolidated YoY)

Profit grows 14.5% to Rs 1,437.2 crore Vs Rs 1,255.3 crore

Revenue increases 9.8% to Rs 8,805.1 crore Vs Rs 8,016.2 crore

North America business drops 13.1% to Rs 3,240.8 crore Vs Rs 3,728.1 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/lifehealth-insurance/sbilifeinsurancecompany/SLI03" target="_blank">SBI Life Insurance Company</a> Q2 (YoY)

Profit declines 6.6% to Rs 494.6 crore Vs Rs 529.4 crore

Net premium income soars 22.6% to Rs 24,848.3 crore Vs Rs 20,266.1 crore

Net commission surges 22.2% to Rs 1,240.3 crore Vs Rs 1,014.8 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/coforge/NII02" target="_blank">Coforge</a> Q2 (Consolidated YoY)

Profit zooms 86% to Rs 375.8 crore Vs Rs 202.1 crore

Revenue surges 31.7% to Rs 3,985.7 crore Vs Rs 3,025.6 crore

Board declares interim dividend of Rs 4 per share

<a href="https://www.moneycontrol.com/india/stockpricequote/defence/zentechnologies/ZT01" target="_blank">Zen Technologies</a> Q2 (Consolidated YoY)

Profit falls 4.6% to Rs 59.4 crore Vs Rs 62.3 crore

Revenue drops 28.2% to Rs 173.6 crore Vs Rs 241.8 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/latentviewanalytics/LVA" target="_blank">Latent View Analytics</a> Q2 (Consolidated YoY)

Profit grows 11.3% to Rs 44.4 crore Vs Rs 39.9 crore

Revenue increases 23.3% to Rs 257.5 crore Vs Rs 209 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/sigachiindustries/SIL19" target="_blank">Sigachi Industries</a> Q2 (Consolidated YoY)

Profit sinks 50.9% to Rs 10.7 crore Vs Rs 21.8 crore

Revenue declines 11.5% to Rs 110.5 crore Vs Rs 124.9 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/petrochemicals/supremepetrochem/SP" target="_blank">Supreme Petrochem</a> Q2 (Standalone YoY)

Profit plunges 46.6% to Rs 48.2 crore Vs Rs 90.3 crore

Revenue drops 26.9% to Rs 1,100.2 crore Vs Rs 1,505.6 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-term-lending/sbicardspaymentservices/SCP02" target="_blank">SBI Cards and Payment Services</a> Q2 (YoY)

Profit rises 10% to Rs 444.8 crore Vs Rs 404.4 crore

Revenue increases 12.2% to Rs 4,961 crore Vs Rs 4,421 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software-mediumsmall/eclerxservices/eS06" target="_blank">eClerx Services</a> Q2 (Consolidated YoY)

Profit zooms 30.6% to Rs 183.2 crore Vs Rs 140.2 crore

Revenue jumps 20.8% to Rs 1,004.9 crore Vs Rs 831.8 crore

Board approves buyback of 6.66 lakh shares worth up to Rs 300 crore at Rs 4,500 per share

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/zyduslifesciences/CHC" target="_blank">Zydus Lifesciences</a>

The company has received a Notice of Compliance (NOC) from Health Canada for generic Mesalamine suppositories 1000 mg. Mesalamine suppositories are indicated for the treatment of mildly to moderately active ulcerative proctitis.

Meanwhile, the company’s subsidiary Zydus MedTech France has acquired the remaining 14.4% share capital in Amplitude Surgical SA, France, through a mandatory tender offer and squeeze-out. As a result, Zydus MedTech France now holds 100% of the share capital in Amplitude Surgical.

<a href="https://www.moneycontrol.com/india/stockpricequote/chemicals/tgvsraac/SRA" target="_blank">TGV Sraac</a>

Due to the failure of winding in a transformer supplied by Transformers and Rectifiers India, the company is expecting an estimated loss of production of 120 TPD of caustic soda and 106 TPD of chlorine.

It is further expected that the transformer will be restored within 60 days. The company is also exploring other alternatives for restoration.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/ncc/NCC01" target="_blank">NCC</a>

The company has received a Letter of Acceptance for a contract worth Rs 6,828.94 crore from Central Coalfields for the extraction and transportation of overburden (OB) and coal at Amrapali OCP, Chandragupt Area, Jharkhand.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/gptinfraprojects/GPT01" target="_blank">GPT Infraprojects</a>

The company has received an order worth Rs 195 crore from Terminal Industriel Polyvalent de San Pedro, Ivory Coast, for the supply, installation, testing, and commissioning of a conveyor belt system at the Ivory Coast port.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineeringconstruction/epackprefabtechnologies/EPTL" target="_blank">Epack Prefab Technologies</a>

The company has received an order worth Rs 129.94 crore from Avaada Ventures. The order involves the design, fabrication, and supply of a pre-engineered steel building for a glass factory at Butibori, Nagpur, Maharashtra.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-construction/vikranengineering/VEL01" target="_blank">Vikran Engineering</a>

The company has received a Letter of Award for a contract worth Rs 354.21 crore from Ellume Energy MH SolarOne (SPV) for the development of a 100 MW (AC) cumulative capacity grid-interactive solar PV power project in Maharashtra.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/housingurbandevelopmentcorporation/HUD" target="_blank">Housing &amp; Urban Development Corporation</a>

HUDCO has signed a non-binding Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to explore collaboration in existing and upcoming infrastructure development, and in financing and refinancing of port infrastructure projects at JN Port, for an estimated amount of Rs 5,000 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RI" target="_blank">Reliance Industries</a>

The company’s subsidiary Reliance Intelligence has incorporated Reliance Enterprise Intelligence (REIL). REIL will become a joint venture company as per the amended and restated joint venture agreement with Facebook Overseas, Inc., a wholly owned subsidiary of Meta Platforms, Inc.

As per the JV agreement, Reliance Intelligence will hold 70%, and Facebook will hold the remaining 30% in REIL. Both companies have jointly committed an initial investment of Rs 855 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/diversified/generalinsurancecorporationindia/GIC12" target="_blank">General Insurance Corporation of India</a>

The Ministry of Finance has approved the entrustment of financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD) of GIC Re to Hitesh Ramesh Chandra Joshi, currently the Executive Director of the company, effective October 1, for a period of three months.

<a href="https://www.moneycontrol.com/india/stockpricequote/transportlogistics/containercorporationindia/CCI" target="_blank">Container Corporation of India</a>

The company has entered into two strategic Memorandums of Understanding (MoUs) with Adani Cement to focus on the rail-based transportation of bulk cement using specialised tank containers.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/puravankara/PP01" target="_blank">Puravankara</a>

The company’s subsidiary Starworth Infrastructure &amp; Construction has received a Letter of Award worth Rs 211.53 crore for the construction of core and shell works with finishes for the proposed residential project “SBR Global Queen’s Ville” for SBR Builders.

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-services/railtelcorporationindia/RCo01" target="_blank">RailTel Corporation of India</a>

Due to unavoidable reasons, the Bihar Education Project Council has cancelled the work order worth Rs 209.78 crore.

On September 13, 2025, the company had received this work order from the State Project Director, Bihar Education Project Council for the implementation of education quality enhancement in Bihar under PM SHRI.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-heavy/ptcindustries/PTC03" target="_blank">PTC Industries</a>

The company has received a purchase order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), for ready-to-fit single crystal turbine blades and vanes.

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/indianoilcorporation/IOC" target="_blank">Indian Oil Corporation</a>

Through an appellate order, the company has received tax relief amounting to Rs 1,102.91 crore on account of issues decided in its favour, as against a contested disputed tax and interest of Rs 1,194.07 crore.

The company will be contesting the balance disputed tax of Rs 91.16 crore before the Income Tax Appellate Tribunal (ITAT).

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/drlalpathlabs/DLP01" target="_blank">Dr Lal Path Labs</a>

The Board of Directors will meet on October 31, 2025, to consider the issuance of bonus shares, along with the financial results for the quarter ended September 2025, and the declaration of a second interim dividend, if any.

<a href="https://www.moneycontrol.com/india/stockpricequote/pesticidesagro-chemicals/bharatrasayan/BR01" target="_blank">Bharat Rasayan</a>

The Board has approved the sub-division of 41,55,268 equity shares of face value Rs 10 each (fully paid-up) into 83,10,536 shares of face value Rs 5 each, and also approved the issue of bonus equity shares in the ratio of 1:1.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/thyrocaretechnologies/TT16" target="_blank">Thyrocare Technologies</a>

Promoter Docon Technologies, which held 71.06% stake in Thyrocare Technologies as of September 2025, has offloaded 53.3 lakh shares (10.06% of paid-up equity) at Rs 1,252.03 per share, amounting to Rs 667.7 crore.

ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Eastspring Investments India Consumer Equity Open acquired 42.1 lakh shares (7.9% stake) at Rs 1,252 per share, totaling Rs 527.2 crore.

ICICI Prudential Mutual Fund, through its ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund, already held a 2.2% stake in Thyrocare. With the additional purchase of 3.3% shares on Friday, its total shareholding may reach 5.5%.

<a href="https://www.moneycontrol.com/india/stockpricequote/specialty-miningmetals/midwest/ML12" target="_blank">Midwest</a>

Goldman Sachs Funds – Goldman Sachs India Equity Portfolio acquired 4.34 lakh shares (1.2% stake) in Midwest at Rs 1,152.56 per share, for a total consideration of Rs 50.05 crore.

Stocks Trade Ex-Dividend

Infosys
L&amp;T Technology Services
REC
360 ONE WAM
Central Bank of India
CESC
CRISIL
PCBL Chemical
Tanla Platforms

Stocks in F&amp;O ban

SAIL
Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Stocks to Watch Today: Coforge, NCC, Kotak Bank, GPT Infra, Vikran Engineering, Eclerx, Container Corporation, RailTel, Thyrocare, IOC in focus on 27 October

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Indus Towers, Indian Oil Corporation, Adani Energy Solutions, Bata India, Canara HSBC Life Insurance Company, Canara Robeco Asset Management Company, Chennai Petroleum Corporation, Glottis, JK Tyre &amp;amp; Industries, KFin Technologies, Mahindra Logistics, Mazagon Dock Shipbuilders, PNB Housing Finance, Raymond, Sona BLW Precision Forgings, SRF, Supreme Industries, Tata Investment Corporation, Tamil Nadu Newsprint &amp;amp; Papers, and Welspun Specialty Solutions will release their quarterly earnings today.

Quarterly Earnings

Kotak Mahindra Bank Q2 (Standalone YoY)

Profit falls 2.7% to Rs 3,253.3 crore Vs Rs 3,343.7 crore

Net interest income rises 4.1% to Rs 7,310.7 crore Vs Rs 7,019.6 crore

Provisions and contingencies spike 43.5% to Rs 947.4 crore Vs Rs 660.4 crore

Gross NPA drops to 1.39% Vs 1.48% (QoQ)

Net NPA declines to 0.32% Vs 0.34% (QoQ)

Dr Reddy's Laboratories Q2 (Consolidated YoY)

Profit grows 14.5% to Rs 1,437.2 crore Vs Rs 1,255.3 crore

Revenue increases 9.8% to Rs 8,805.1 crore Vs Rs 8,016.2 crore

North America business drops 13.1% to Rs 3,240.8 crore Vs Rs 3,728.1 crore

SBI Life Insurance Company Q2 (YoY)

Profit declines 6.6% to Rs 494.6 crore Vs Rs 529.4 crore

Net premium income soars 22.6% to Rs 24,848.3 crore Vs Rs 20,266.1 crore

Net commission surges 22.2% to Rs 1,240.3 crore Vs Rs 1,014.8 crore

Coforge Q2 (Consolidated YoY)

Profit zooms 86% to Rs 375.8 crore Vs Rs 202.1 crore

Revenue surges 31.7% to Rs 3,985.7 crore Vs Rs 3,025.6 crore

Board declares interim dividend of Rs 4 per share

Zen Technologies Q2 (Consolidated YoY)

Profit falls 4.6% to Rs 59.4 crore Vs Rs 62.3 crore

Revenue drops 28.2% to Rs 173.6 crore Vs Rs 241.8 crore

Latent View Analytics Q2 (Consolidated YoY)

Profit grows 11.3% to Rs 44.4 crore Vs Rs 39.9 crore

Revenue increases 23.3% to Rs 257.5 crore Vs Rs 209 crore

Sigachi Industries Q2 (Consolidated YoY)

Profit sinks 50.9% to Rs 10.7 crore Vs Rs 21.8 crore

Revenue declines 11.5% to Rs 110.5 crore Vs Rs 124.9 crore

Supreme Petrochem Q2 (Standalone YoY)

Profit plunges 46.6% to Rs 48.2 crore Vs Rs 90.3 crore

Revenue drops 26.9% to Rs 1,100.2 crore Vs Rs 1,505.6 crore

SBI Cards and Payment Services Q2 (YoY)

Profit rises 10% to Rs 444.8 crore Vs Rs 404.4 crore

Revenue increases 12.2% to Rs 4,961 crore Vs Rs 4,421 crore

eClerx Services Q2 (Consolidated YoY)

Profit zooms 30.6% to Rs 183.2 crore Vs Rs 140.2 crore

Revenue jumps 20.8% to Rs 1,004.9 crore Vs Rs 831.8 crore

Board approves buyback of 6.66 lakh shares worth up to Rs 300 crore at Rs 4,500 per share

Stocks to Watch

Zydus Lifesciences

The company has received a Notice of Compliance (NOC) from Health Canada for generic Mesalamine suppositories 1000 mg. Mesalamine suppositories are indicated for the treatment of mildly to moderately active ulcerative proctitis.

Meanwhile, the company’s subsidiary Zydus MedTech France has acquired the remaining 14.4% share capital in Amplitude Surgical SA, France, through a mandatory tender offer and squeeze-out. As a result, Zydus MedTech France now holds 100% of the share capital in Amplitude Surgical.

TGV Sraac

Due to the failure of winding in a transformer supplied by Transformers and Rectifiers India, the company is expecting an estimated loss of production of 120 TPD of caustic soda and 106 TPD of chlorine.

It is further expected that the transformer will be restored within 60 days. The company is also exploring other alternatives for restoration.

NCC

The company has received a Letter of Acceptance for a contract worth Rs 6,828.94 crore from Central Coalfields for the extraction and transportation of overburden (OB) and coal at Amrapali OCP, Chandragupt Area, Jharkhand.

GPT Infraprojects

The company has received an order worth Rs 195 crore from Terminal Industriel Polyvalent de San Pedro, Ivory Coast, for the supply, installation, testing, and commissioning of a conveyor belt system at the Ivory Coast port.

Epack Prefab Technologies

The company has received an order worth Rs 129.94 crore from Avaada Ventures. The order involves the design, fabrication, and supply of a pre-engineered steel building for a glass factory at Butibori, Nagpur, Maharashtra.

Vikran Engineering

The company has received a Letter of Award for a contract worth Rs 354.21 crore from Ellume Energy MH SolarOne (SPV) for the development of a 100 MW (AC) cumulative capacity grid-interactive solar PV power project in Maharashtra.

Housing &amp;amp; Urban Development Corporation

HUDCO has signed a non-binding Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to explore collaboration in existing and upcoming infrastructure development, and in financing and refinancing of port infrastructure projects at JN Port, for an estimated amount of Rs 5,000 crore.

Reliance Industries

The company’s subsidiary Reliance Intelligence has incorporated Reliance Enterprise Intelligence (REIL). REIL will become a joint venture company as per the amended and restated joint venture agreement with Facebook Overseas, Inc., a wholly owned subsidiary of Meta Platforms, Inc.

As per the JV agreement, Reliance Intelligence will hold 70%, and Facebook will hold the remaining 30% in REIL. Both companies have jointly committed an initial investment of Rs 855 crore.

General Insurance Corporation of India

The Ministry of Finance has approved the entrustment of financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD) of GIC Re to Hitesh Ramesh Chandra Joshi, currently the Executive Director of the company, effective October 1, for a period of three months.

Container Corporation of India

The company has entered into two strategic Memorandums of Understanding (MoUs) with Adani Cement to focus on the rail-based transportation of bulk cement using specialised tank containers.

Puravankara

The company’s subsidiary Starworth Infrastructure &amp;amp; Construction has received a Letter of Award worth Rs 211.53 crore for the construction of core and shell works with finishes for the proposed residential project “SBR Global Queen’s Ville” for SBR Builders.

RailTel Corporation of India

Due to unavoidable reasons, the Bihar Education Project Council has cancelled the work order worth Rs 209.78 crore.

On September 13, 2025, the company had received this work order from the State Project Director, Bihar Education Project Council for the implementation of education quality enhancement in Bihar under PM SHRI.

PTC Industries

The company has received a purchase order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), for ready-to-fit single crystal turbine blades and vanes.

Indian Oil Corporation

Through an appellate order, the company has received tax relief amounting to Rs 1,102.91 crore on account of issues decided in its favour, as against a contested disputed tax and interest of Rs 1,194.07 crore.

The company will be contesting the balance disputed tax of Rs 91.16 crore before the Income Tax Appellate Tribunal (ITAT).

Dr Lal Path Labs

The Board of Directors will meet on October 31, 2025, to consider the issuance of bonus shares, along with the financial results for the quarter ended September 2025, and the declaration of a second interim dividend, if any.

Bharat Rasayan

The Board has approved the sub-division of 41,55,268 equity shares of face value Rs 10 each (fully paid-up) into 83,10,536 shares of face value Rs 5 each, and also approved the issue of bonus equity shares in the ratio of 1:1.

Bulk Deals

Thyrocare Technologies

Promoter Docon Technologies, which held 71.06% stake in Thyrocare Technologies as of September 2025, has offloaded 53.3 lakh shares (10.06% of paid-up equity) at Rs 1,252.03 per share, amounting to Rs 667.7 crore.

ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Eastspring Investments India Consumer Equity Open acquired 42.1 lakh shares (7.9% stake) at Rs 1,252 per share, totaling Rs 527.2 crore.

ICICI Prudential Mutual Fund, through its ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund, already held a 2.2% stake in Thyrocare. With the additional purchase of 3.3% shares on Friday, its total shareholding may reach 5.5%.

Midwest

Goldman Sachs Funds – Goldman Sachs India Equity Portfolio acquired 4.34 lakh shares (1.2% stake) in Midwest at Rs 1,152.56 per share, for a total consideration of Rs 50.05 crore.

Stocks Trade Ex-Dividend

Infosys
L&amp;amp;T Technology Services
REC
360 ONE WAM
Central Bank of India
CESC
CRISIL
PCBL Chemical
Tanla Platforms

Stocks in F&amp;amp;O ban

SAIL
Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Promoter Docon Technologies has reduced its stake in Thyrocare Technologies, the diagnostic services provider, by little more than 10 percent via open market transactions on October 24, of which 7.9 percent shares were bought by asset management companies.

<a href="https://www.moneycontrol.com/india/stockpricequote/hospitalsmedical-services/thyrocaretechnologies/TT16">Thyrocare</a> shares closed 1.13 percent higher at Rs 1,266.1 on the National Stock Exchange with high volumes, sustaining above all key moving averages.

Docon Technologies, which held 71.06 percent stake in the company as of September 2025, has offloaded 53.3 lakh shares (10.06 percent of paid-up equity) at Rs 1,252.03 per share for Rs 667.7 crore.

ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Eastspring Investments India Consumer Equity Open acquired 42.1 lakh shares (7.9 percent stake) at Rs 1,252 per share for Rs 527.2 crore.

ICICI Prudential Mutual Fund through ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund already held 2.2 percent stake in Thyrocare. With additional buying of 3.3 percent shares on Friday, its total shareholding may be reached to 5.5 percent.

Meanwhile, black galaxy granite producer <a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/midwest/ML12">Midwest </a>also saw heavy action, with shares rallying 7 percent to Rs 1,140.5 on its market debut today. The company is valued at Rs 4,126 crore.

Goldman Sachs Funds - Goldman Sachs India Equity Portfolio acquired 4.34 lakh shares (1.2 percent stake) in Midwest at Rs 1,152.56 per share for Rs 50.05 crore.

<img class="alignnone size-full wp-image-13632946 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/10/20251026225436_Image1726102025.jpg" alt="Image1726102025" width="700" height="1575" />

Five asset managing companies including HDFC AMC, ICICI Pru MF, Eastspring Investments pick 7.9% stake in Thyrocare for Rs 527 crore

Promoter Docon Technologies has reduced its stake in Thyrocare Technologies, the diagnostic services provider, by little more than 10 percent via open market transactions on October 24, of which 7.9 percent shares were bought by asset management companies.

Thyrocare shares closed 1.13 percent higher at Rs 1,266.1 on the National Stock Exchange with high volumes, sustaining above all key moving averages.

Docon Technologies, which held 71.06 percent stake in the company as of September 2025, has offloaded 53.3 lakh shares (10.06 percent of paid-up equity) at Rs 1,252.03 per share for Rs 667.7 crore.

ICICI Prudential Mutual Fund, HSBC Mutual Fund Midcap Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Eastspring Investments India Consumer Equity Open acquired 42.1 lakh shares (7.9 percent stake) at Rs 1,252 per share for Rs 527.2 crore.

ICICI Prudential Mutual Fund through ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund already held 2.2 percent stake in Thyrocare. With additional buying of 3.3 percent shares on Friday, its total shareholding may be reached to 5.5 percent.

Meanwhile, black galaxy granite producer Midwest also saw heavy action, with shares rallying 7 percent to Rs 1,140.5 on its market debut today. The company is valued at Rs 4,126 crore.

Goldman Sachs Funds - Goldman Sachs India Equity Portfolio acquired 4.34 lakh shares (1.2 percent stake) in Midwest at Rs 1,152.56 per share for Rs 50.05 crore.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/shanthigears/SG04">Shanthi Gears</a> dropped more than 6 percent to hit a three-month low of Rs 493.65 apiece on October 24. This came after the company released its results for the July-September quarter of the financial year 2026.

Shanthi Gears on Friday reported a net profit of Rs 21.5 crore for the second quarter of the ongoing FY26. This marks a 16 percent year-on-year (YoY) fall from the Rs 25.63 crore net profit reported in the corresponding quarter of FY25.

The firm's revenue from operations meanwhile fell nearly 15 percent YoY to Rs 132 crore in Q2 FY26, from Rs 155 crore in Q2 FY25. Earnings per share (EPS) also reduced to Rs 2.80 during the quarter under review, from Rs 3.34 in the same period last year.

Shanthi Gears said its booked orders during the quarter rose 7 percent to Rs 138 crore. Unexecuted order book as on September 30 stood at Rs 254 crore. It achieved return on average invested capital (ROIC) of 46 percent in Q2 FY26, and generated free cash flow of Rs 12.68 crore during the period.

Shanthi Gears share price history:

Shanthi Gears shares later made some recovery after a sharp drop following the Q2 results announcement. The shares were down nearly 3 percent to trade at Rs 512.85 apiece, as seen at 2.54 pm. The stock has fallen over 7 percent in the past one month, but gained nearly 2 percent in the past six months.

Shanthi Gears shares, which currently have a P/E ratio of around 42, are up around 2 percent in 2025 so far. Before the company released its results, the stock was up nearly 3 percent. However, the Q2 results dampened investor sentiment.

Shanthi Gears shares see heavy trading volumes:

Over 2.36 shares have already been involved in active trade during the day. This is nearly 3 times that of the stock's 10-day average volume.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-24-10-2025-liveblog-13629647.html">Our LIVE blog on stock market updates</a>

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Shanthi Gears shares drop 6%, hit three-month low after Q2 net profit falls 16% to Rs 21.5 crore

The shares of Shanthi Gears dropped more than 6 percent to hit a three-month low of Rs 493.65 apiece on October 24. This came after the company released its results for the July-September quarter of the financial year 2026.

Shanthi Gears on Friday reported a net profit of Rs 21.5 crore for the second quarter of the ongoing FY26. This marks a 16 percent year-on-year (YoY) fall from the Rs 25.63 crore net profit reported in the corresponding quarter of FY25.

The firm's revenue from operations meanwhile fell nearly 15 percent YoY to Rs 132 crore in Q2 FY26, from Rs 155 crore in Q2 FY25. Earnings per share (EPS) also reduced to Rs 2.80 during the quarter under review, from Rs 3.34 in the same period last year.

Shanthi Gears said its booked orders during the quarter rose 7 percent to Rs 138 crore. Unexecuted order book as on September 30 stood at Rs 254 crore. It achieved return on average invested capital (ROIC) of 46 percent in Q2 FY26, and generated free cash flow of Rs 12.68 crore during the period.

Shanthi Gears share price history:

Shanthi Gears shares later made some recovery after a sharp drop following the Q2 results announcement. The shares were down nearly 3 percent to trade at Rs 512.85 apiece, as seen at 2.54 pm. The stock has fallen over 7 percent in the past one month, but gained nearly 2 percent in the past six months.

Shanthi Gears shares, which currently have a P/E ratio of around 42, are up around 2 percent in 2025 so far. Before the company released its results, the stock was up nearly 3 percent. However, the Q2 results dampened investor sentiment.

Shanthi Gears shares see heavy trading volumes:

Over 2.36 shares have already been involved in active trade during the day. This is nearly 3 times that of the stock's 10-day average volume.

Also read: Our LIVE blog on stock market updates

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

SBI Life Insurance shares declined slightly in afternoon trade on Friday ahead of the company’s September quarter earnings announcement.

The stock was quoting at Rs 1,848 on the NSE, down 0.25 percent from its previous close at around 2:40 pm.

Brokerages expect the insurer to benefit from a better product mix in the second quarter.

Centrum Broking said SBI Life is likely to report the highest value of new business (VNB) margin among listed life insurers at 27.5 percent, supported by a rising share of more profitable products. The brokerage highlighted stronger traction in non-par policies, where policyholders are not entitled to a share of profits through bonuses or dividends.

Elara Capital has maintained <a href="https://www.moneycontrol.com/india/stockpricequote/lifehealth-insurance/sbilifeinsurancecompany/SLI03">SBI Life</a> as its preferred pick in the life insurance space.

Emkay Global said annual premium equivalent (APE) growth could remain muted at around 4 percent in Q2 due to festive season-related impact and slower momentum in unit-linked insurance plans. Even so, the firm expects healthy VNB margins driven by a higher contribution from non-par products.

Both Emkay Global and Prabhudas Lilladher anticipate limited impact from goods and services tax-related changes, citing SBI Life’s cost advantage.

According to market data, the stock carries an average “buy” rating from 33 analysts, with a median price target of Rs 2,140.

(Inputs from Reuters) 

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

SBI Life shares decline marginally ahead of September quarter results; here's what analysts expect

SBI Life Insurance shares declined slightly in afternoon trade on Friday ahead of the company’s September quarter earnings announcement.

The stock was quoting at Rs 1,848 on the NSE, down 0.25 percent from its previous close at around 2:40 pm.

Brokerages expect the insurer to benefit from a better product mix in the second quarter.

Centrum Broking said SBI Life is likely to report the highest value of new business (VNB) margin among listed life insurers at 27.5 percent, supported by a rising share of more profitable products. The brokerage highlighted stronger traction in non-par policies, where policyholders are not entitled to a share of profits through bonuses or dividends.

Elara Capital has maintained SBI Life as its preferred pick in the life insurance space.

Emkay Global said annual premium equivalent (APE) growth could remain muted at around 4 percent in Q2 due to festive season-related impact and slower momentum in unit-linked insurance plans. Even so, the firm expects healthy VNB margins driven by a higher contribution from non-par products.

Both Emkay Global and Prabhudas Lilladher anticipate limited impact from goods and services tax-related changes, citing SBI Life’s cost advantage.

According to market data, the stock carries an average “buy” rating from 33 analysts, with a median price target of Rs 2,140.

(Inputs from Reuters) 

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/bank-private/utkarshsmallfinancebank/USF01">Utkarsh Small Finance Bank </a>rallied nearly 20 percent on October 24 after the company announced that it has allotted more than 5.71 crore shares to ace investor Madhusudan Kela’s fund house Cohesion MK Best Ideas Sub-Trust as part of its rights issue.

The shares hit an intraday high of Rs 22.02 apiece in the afternoon trading hours.

While Cohesion MK Best Ideas Sub-Trust was allotted the most number of shares as part of the rights issue, here are the other top investors:
<ul>
	<li>India Capital Fund Ltd, Mauritius: 4.4 crore shares</li>
	<li>Kotak Mahindra Life Insurance Company: 4.21 crore shares</li>
	<li>ICICI Prudential Life Insurance Company: 3.57 crore shares</li>
	<li>FLC Investco, LLC: 2.86 crore shares</li>
	<li>Singularity Large Value Fund III: 2.86 crore shares</li>
	<li>Massachusetts Institute of Technology: 2.79 crore shares</li>
</ul>
Earlier this month, the company had announced that its board has approved the terms of a rights issue of 67.79 crore shares to raise up to Rs 949 crore at Rs 14 per share. The rights issue which opened today, will close on November 3.

Utkarsh Small Finance Bank share price history:

The stock has gained nearly 22 percent in the past five days, and around 18 percent in the past one month. The shares of the small finance bank however fell around 2 percent in the past six months, and around 25 percent in 2025 so far.

Utkarsh Small Finance Bank shares had made a strong listing in July 2023, listing with a premium of 60 percent over its IPO price at Rs 40 per share. The stock is currently more than 45 percent lower than its listing price. It is however 10 percent higher than its IPO price of Rs 20 per share.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-24-10-2025-liveblog-13629647.html">Our LIVE blog on stock market updates</a>

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Utkarsh SFB shares rally 20% after lender allots 5.7 crore shares to Madhusudan Kela's fund house

The shares of Utkarsh Small Finance Bank rallied nearly 20 percent on October 24 after the company announced that it has allotted more than 5.71 crore shares to ace investor Madhusudan Kela’s fund house Cohesion MK Best Ideas Sub-Trust as part of its rights issue.

The shares hit an intraday high of Rs 22.02 apiece in the afternoon trading hours.

While Cohesion MK Best Ideas Sub-Trust was allotted the most number of shares as part of the rights issue, here are the other top investors:

	India Capital Fund Ltd, Mauritius: 4.4 crore shares
	Kotak Mahindra Life Insurance Company: 4.21 crore shares
	ICICI Prudential Life Insurance Company: 3.57 crore shares
	FLC Investco, LLC: 2.86 crore shares
	Singularity Large Value Fund III: 2.86 crore shares
	Massachusetts Institute of Technology: 2.79 crore shares

Earlier this month, the company had announced that its board has approved the terms of a rights issue of 67.79 crore shares to raise up to Rs 949 crore at Rs 14 per share. The rights issue which opened today, will close on November 3.

Utkarsh Small Finance Bank share price history:

The stock has gained nearly 22 percent in the past five days, and around 18 percent in the past one month. The shares of the small finance bank however fell around 2 percent in the past six months, and around 25 percent in 2025 so far.

Utkarsh Small Finance Bank shares had made a strong listing in July 2023, listing with a premium of 60 percent over its IPO price at Rs 40 per share. The stock is currently more than 45 percent lower than its listing price. It is however 10 percent higher than its IPO price of Rs 20 per share.

Also read: Our LIVE blog on stock market updates

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Shanthi Gears shares drop 6%, hit three-month low after Q2 net profit falls 16% to Rs 21.5 crore

SBI Life shares decline marginally ahead of September quarter results; here's what analysts expect

Utkarsh SFB shares rally 20% after lender allots 5.7 crore shares to Madhusudan Kela's fund house

Compressors / Pumps Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Compressors / Pumps industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

Stocks to Watch Today: Coforge, NCC, Kotak Bank, GPT Infra, Vikran Engineering, Eclerx, Container Corporation, RailTel, Thyrocare, IOC in focus on 27 October

Five asset managing companies including HDFC AMC, ICICI Pru MF, Eastspring Investments pick 7.9% stake in Thyrocare for Rs 527 crore

Shanthi Gears shares drop 6%, hit three-month low after Q2 net profit falls 16% to Rs 21.5 crore

SBI Life shares decline marginally ahead of September quarter results; here's what analysts expect

Utkarsh SFB shares rally 20% after lender allots 5.7 crore shares to Madhusudan Kela's fund house

Compressors / Pumps Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Compressors / Pumps industry stocks.