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:
Reliance Industries, JSW Steel, JSW Energy, 360 ONE WAM, Atul, AU Small Finance Bank, Bajaj Healthcare, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Dixon Technologies, Havells India, Hindustan Zinc, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, L&T Technology Services, Oracle Financial Services Software, Polycab India, Poonawalla Fincorp, PVR Inox, REC, Shoppers Stop, Sobha, Solarworld Energy Solutions, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, TTK Healthcare, UCO Bank, and Ujjivan Small Finance Bank will announce their quarterly earnings today.
HDFC Bank, ICICI Bank, UltraTech Cement, Punjab National Bank, RBL Bank, IDBI Bank, IDFC First Bank, IndusInd Bank, Jammu & Kashmir Bank, Federal Bank, Agi Greenpac, Anand Rathi Share And Stock Brokers, Can Fin Homes, Jaro Institute of Technology Management and Research, Jaiprakash Power Ventures, SML Isuzu, UTI Asset Management Company, and Yes Bank will release their quarterly results on October 18.
Infosys Q2 (Consolidated YoY)
Profit grows 13.2% to Rs 7,364 crore Vs Rs 6,506 crore
Revenue in rupee terms jumps 8.6% to Rs 44,490 crore Vs Rs 40,986 crore
EBIT rises 8.1% to Rs 9,353 crore Vs Rs 8,649 crore
Margin falls 10 bps to 21% Vs 21.1%
Revenue in dollar terms increases 3.7% to $5,076 million Vs $4,894 million
Company announces interim dividend of Rs 23 per share
FY26 Guidance: Infosys sees revenue growth of 2-3% in constant currency, and operating margin of 20-22%
Wipro Q2 (Consolidated YoY)
Profit increases 1.2% to Rs 3,246.2 crore Vs Rs 3,208.8 crore
Revenue grows 1.8% to Rs 22,697.3 crore Vs Rs 22,301.6 crore
IT services revenue soars 2% to Rs 22,640.5 crore Vs Rs 22,195.7 crore
IT services EBIT rises 1.3% to Rs 3,780.9 crore Vs Rs 3,732.2 crore
IT services EBIT margin drops to 16.7% Vs 16.81%
Guidance: Wipro expects IT services revenue in $2,591-2,644 million in Q3
Jio Financial Services Q2 (Consolidated YoY)
Profit increases 0.9% to Rs 695.04 crore Vs Rs 689.07 crore
Revenue soars 41.5% to Rs 981.39 crore Vs Rs 693.5 crore
Assets under management (AUM) of the NBFC zooms to Rs.14,712 crore Vs Rs 1,206 crore
Pre-provisioning operating profit rises to Rs 579 crore Vs Rs 552 crore
LTIMindtree Q2 (Consolidated YoY)
Profit jumps 10.4% to Rs 1,381.2 crore Vs Rs 1,251.6 crore
Revenue grows 10.2% to Rs 10,394.3 crore Vs Rs 9,432.9 crore
EBIT increases 13% to Rs 1,648.1 crore Vs Rs 1,458.2 crore
Margin expands 40 bps to 15.9% Vs 15.5%
Revenue in dollar terms soars 4.8% to $1,180.1 million Vs $1,126.6 million
Company declares interim dividend of Rs 22 per equity share
JSW Infrastructure Q2 (Consolidated YoY)
Profit falls 2.8% to Rs 361.2 crore Vs Rs 371.5 crore
Revenue jumps 26.4% to Rs 1,265.7 crore Vs Rs 1,001.4 crore
Cyient Q2 (Consolidated YoY)
Profit tanks 28.8% to Rs 127.5 crore Vs Rs 179.1 crore
Revenue drops 3.7% to Rs 1,781 crore Vs Rs 1,849.1 crore
Company declares interim dividend of Rs 16 per share
Vikram Solar Q2 (Consolidated YoY)
Profit spikes 1,646.5% to Rs 128.5 crore Vs Rs 7.4 crore
Revenue grows 93.7% to Rs 1,109.9 crore Vs Rs 572.9 crore
Metro Brands Q2 (Consolidated YoY)
Profit falls 3.9% to Rs 69 crore Vs Rs 71.8 crore
Revenue rises 11.2% to Rs 651.1 crore Vs Rs 585.5 crore
CIE Automotive India Q2 (Consolidated YoY)
Profit soars 9.6% to Rs 213.9 crore Vs Rs 195.2 crore
Revenue increases 11.1% to Rs 2,371.8 crore Vs Rs 2,134.6 crore
Punjab & Sind Bank Q2 (YoY)
Profit zooms 22.9% to Rs 294.5 crore Vs Rs 239.6 crore
Net interest income rises 8.8% to Rs 950 crore Vs Rs 872.9 crore
Gross NPA falls to 2.92% Vs 3.34% (QoQ)
Net NPA drops to 0.83% Vs 0.91% (QoQ)
Board approves raising capital up to Rs 5,000 crore in one or more tranches by March 2027 via equity and bonds
Board approves raising funds of Rs 3,000 crore via Long Term Infrastructure Bonds in one or more tranches by March 2027
Rallis India Q2 (YoY)
Profit increases 4.1% to Rs 102 crore Vs Rs 98 crore
Revenue falls 7.2% to Rs 861 crore Vs Rs 928 crore
Sunteck Realty Q2 (Consolidated YoY)
Profit spikes 41.4% to Rs 49 crore Vs Rs 34.6 crore
Revenue zooms 49.3% to Rs 252.4 crore Vs Rs 169 crore
PNB Gilts Q2 (YoY)
Loss stands at Rs 45.35 crore Vs profit of Rs 114.7 crore
Revenue falls 11.5% to Rs 443.4 crore Vs Rs 500.8 crore
Stocks to Watch
IHH Healthcare Berhad has announced an open offer for the acquisition of up to a 26.10% stake in Fortis Healthcare, and a 26.11% stake in Fortis Malar Hospitals.
Biocon’s subsidiary, Biocon Biologics, has expanded its partnership with Civica Inc. to launch a private-label insulin Glargine for diabetes treatment in the United States.
The company’s subsidiary, JSW Energy (Utkal), has received a Letter of Award from Power Company of Karnataka for a 400 MW, 25-year power supply agreement, starting from April 1, 2026. The required coal will be procured from Coal India under the SHAKTI Scheme 2017.
The company has made a further investment of Rs 409 crore in its subsidiary Godrej Capital. As a result, it now holds a 91.11% stake in the subsidiary.
BEML has entered into a Memorandum of Understanding (MoU) with Kineco for collaboration in the field of advanced composite manufacturing for aerospace and defence applications.
Sanofi Consumer Healthcare India
The Board has approved the appointment of Richard D’souza as the Chief Financial Officer (CFO) of the company, effective October 16.
Bulk Deals
Nomura Funds Ireland Plc, through Nomura Funds Ireland India Equity Fund, has acquired 16.5 lakh shares (representing a 1 percent stake) in Rubicon Research at Rs 616.31 per share, amounting to a total value of Rs 101.69 crore.
Negen Capital Services, founded by Neil Bahal, has acquired 10.9 lakh shares at Rs 281.79 per share, for a total investment of Rs 30.7 crore.
Plutus Wealth Management LLP bought 3.75 lakh shares (representing a 0.78% stake) in CarTrade Tech at Rs 2,454.98 per share, totaling Rs 92.06 crore.
However, Oxbow Master Fund reduced its stake in the multi-channel auto platform by selling 2.84 lakh shares at Rs 2,445.08 per share, amounting to Rs 69.48 crore.
As of June 2025, Oxbow Capital Management (HK)-backed Oxbow Master Fund had held a 2.82% stake (equivalent to 13.36 lakh shares) in CarTrade Tech.
PPFAS Mutual Fund acquired 20 lakh shares (representing a 1.21% stake) at Rs 358 per share, for a total of Rs 71.6 crore.
However, WF Asian Reconnaissance Fund, managed by Ward Ferry Management, sold 26.9 lakh shares (1.63% stake) at Rs 358.01 per share, for Rs 96.3 crore. This sale is against the fund’s 3.14% stake (51.62 lakh shares) held as of September 2025.
L&T Technology Services purchased 72.37 lakh units at Rs 60.40 per unit for Rs 43.71 crore, while Larsen & Toubro acquired 4.41 crore units at Rs 60.24 per unit for Rs 266.19 crore. Together, they acquired an 8.85% stake in the IRB InvIT Fund.
However, Alpha Alternatives MSAR LLP, Kotak Mahindra Bank, Trust Investment Advisors, and Athena Enhanced Equity Fund collectively sold 8.23 crore units (representing a 14.19% stake) for Rs 505.11 crore.
Mainboard Listing
Canara HSBC Life Insurance Company
SME Listing
SK Minerals & Additives
Sihora Industries
Shlokka Dyes
Stocks Trade Ex-Dividend
HCL Technologies
Anand Rathi Wealth
PlatinumOne Business Services
Stock Trades Ex-Date for Consolidation of Shares
Synthiko Foils
Stocks Trade Ex-Date for Split
A B Infrabuild
Narmada Macplast Drip Irrigation Systems
Rolex Rings
Sunrakshakk Industries India
Stock in F&O ban
Sammaan Capital
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