Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, appointments and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Results TodayDr Reddy's Laboratories, SBI Life Insurance Company, ITC Hotels, Coforge, Aditya Birla Sun Life AMC, Brigade Hotel Ventures, eClerx Services, Jinkushal Industries, Latent View Analytics, NACL Industries, SBI Cards and Payment Services, Shanthi Gears, Sigachi Industries, Supreme Petrochem, and Vakrangee will announce their quarterly earnings today.
Results on October 25Kotak Mahindra Bank, Pace Digitek, Seshasayee Paper and Boards, Zen Technologies, High Energy Batteries India, and Moneyboxx Finance will release their quarterly results on October 25.
Quarterly EarningsColgate Palmolive (India) Q2 (YoY)Profit falls 17.1% to Rs 327.5 crore Vs Rs 395 crore
Revenue declines 6.2% to Rs 1,519.5 crore Vs Rs 1,619.1 crore
EBITDA slips 6.4% to Rs 465.4 crore Vs Rs 497.4 crore
EBITDA margin drops 10 bps to 30.6% Vs 30.7%
Company declares first interim dividend of Rs 24 per equity share for FY26
Loss narrows to Rs 44.17 crore Vs Rs 56.98 crore
Revenue soars 26.7% to Rs 601.9 crore Vs Rs 475.1 crore
EBITDA zooms 157.6% to Rs 51.3 crore Vs Rs 19.9 crore
EBITDA margin expands sharply to 8.52% Vs 4.19%
PTC India Financial Services Q2 (Consolidated YoY)Profit surges 86.2% to Rs 88.14 crore Vs Rs 47.3 crore
Revenue falls 19.3% to Rs 131.8 crore Vs Rs 163.4 crore
South India Paper Mills Q2 (YoY)Profit stands at Rs 2.8 crore Vs loss of Rs 1.21 crore
Revenue grows 9.6% to Rs 111.6 crore Vs Rs 101.8 crore
Quarterly Business UpdateArihant Foundations & Housing (Q2 YoY)Total area sold surges 44% to 1,17,793 sq ft Vs 81,611 sq ft
Total sales value grows 13% to Rs 112.9 crore Vs Rs 100.2 crore
Stocks to WatchKaynes Technology IndiaThe company’s subsidiary, Kaynes Holding (Kaynes Singapore), has entered into a Share Purchase Agreement with Frauscher Sensor Technology Group GmbH for the further acquisition of a 7% stake in Sensonic GmbH. Kaynes Singapore already holds a 54% stake in Sensonic GmbH.
Syrma SGS Technology, Premier EnergiesPremier Energies and Syrma SGS Technology have entered into definitive agreements to acquire 100% ownership of KSolare Energy, a leading solar inverter manufacturer, in the ratio of 51:49, respectively, for a total consideration of Rs 170 crore.
Hero MotocorpFollowing expansions in Italy and Spain, Hero MotoCorp has signed a partnership with MotoGB to bring its premium motorcycles to the United Kingdom (UK) market. The company will introduce its advanced Euro 5+ range, featuring the highly anticipated Hunk 440.
NTPC Green EnergyThe company has announced the commercial operation of 9.9 MW wind capacity in Bhuj, Gujarat. This is part of the total 92.4 MW (wind) project in Bhuj of Ayana Renewable Power Four, a subsidiary of Ayana Renewable Power. Ayana Renewable Power is a wholly owned subsidiary of ONGC NTPC Green, the joint venture between ONGC and NTPC.
AGI InfraThe Board of Directors has approved raising funds of up to Rs 500 crore through the issuance of equity shares.
Defence stocks in focusThe Defence Acquisition Council (DAC) has cleared defence procurement proposals worth approximately Rs 79,000 crore to enhance the capabilities of the armed forces.
Kotak Mahindra BankThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank to enhance financial and non-financial support for startups across India.
This strategic collaboration aims to create a comprehensive framework enabling startups to access customized banking solutions, credit and funding opportunities, digital and payment infrastructure, and capacity-building programs.
Indian Hotels CompanyThe company has infused $25 million as equity in its wholly owned subsidiary in the Netherlands, IHOCO BV. The investment will be utilized by IHOCO BV to further invest in its subsidiaries, for debt repayment, and to meet operational requirements.
Himatsingka SeideThe Board of Directors has approved the issuance of equity shares worth up to Rs 500 crore.
ARSS Infrastructure ProjectsThe company, which is currently in the process of implementing a resolution plan, has received a sub-contract work order worth Rs 164.5 crore from Shivam Condev.
Hexaware TechnologiesThe IT solutions company has appointed Eravi Gopan as President and Global Head – High Tech, Products, and Platforms. He will lead Hexaware’s global strategy, growth, and client success initiatives across this vertical.
Highway InfrastructureThe company has received a Letter of Award (LOA) worth Rs 11.76 crore from the National Highways Authority of India (NHAI) for the operation of user fee collection and upkeep of facilities on the 4-lane Ujjain–Garoth section (Packages I, II & III) of NH-752D in Madhya Pradesh.
Bulk DealsShilchar TechnologiesPromoter Alay Jitendra Shah has sold 1 lakh shares (equivalent to 0.87% stake) in the company at Rs 4,373.09 per share, amounting to Rs 43.73 crore. In the previous trading session, he had offloaded a 1.02% stake in the company for Rs 50.89 crore.
EPack Prefab TechnologiesBofA Securities Europe SA has bought 5,62,723 equity shares (0.56% stake) in EPack Prefab, one of India’s leading players in the pre-engineered building (PEB) and prefabricated construction industry, at Rs 233.82 per share, amounting to Rs 13.15 crore.
Block DealsCohance LifesciencesBNP Paribas Financial Markets has acquired 1,12,492 equity shares (0.03% stake) in the Hyderabad-based CDMO company at Rs 890.75 per share, totaling Rs 10.02 crore, from Morgan Stanley Asia (Singapore) Pte.
Mainboard ListingMidwest
Stocks Trade Ex-DividendLTIMindtree
Cyient
Dalmia Bharat
HDB Financial Services
Indian Railway Finance Corporation
Kajaria Ceramics
Thyrocare Technologies
Waaree Energies
Accelya Solutions India
Stock Trades Ex-Date for RightsCovidh Technologies
Stock Trades Ex-Date for Income Distribution (InvIT)Property Share Investment Trust - Propshare Platina
Stock Out of F&O banSammaan Capital
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