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:
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 & 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 & Papers, and Welspun Specialty Solutions will release their quarterly earnings today.
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
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.
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.
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.
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.
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.
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 & 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.
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.
The company’s subsidiary Starworth Infrastructure & 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.
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.
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.
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).
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.
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
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%.
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&T Technology Services
REC
360 ONE WAM
Central Bank of India
CESC
CRISIL
PCBL Chemical
Tanla Platforms
Stocks in F&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.
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