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:
Infosys, Wipro, Jio Financial Services, Nestle India, LTIMindtree, Eternal, JSW Infrastructure, Indian Bank, Alok Industries, CIE Automotive India, Crizac, Cyient, Ganesh Consumer Products, Indian Overseas Bank, Ivalue Infosolutions, Kajaria Ceramics, Mastek, Metro Brands, Punjab & Sind Bank, Rallis India, South Indian Bank, Sunteck Realty, Vikram Solar, Waaree Energies, and Zee Entertainment Enterprises will release their quarterly earnings today.
Axis Bank Q2 (Standalone YoY)
Profit tanks 26.4% to Rs 5,089.6 crore Vs Rs 6,917.6 crore
Net interest income rises 1.9% to Rs 13,744.6 crore Vs Rs 13,483.2 crore
Provisions and contingencies soars 60.9% to Rs 3,547 crore Vs Rs 2,204.1 crore
Gross NPA falls to 1.46% Vs 1.57% (QoQ)
Net NPA drops to 0.44% Vs 0.45% (QoQ)
HDFC Life Insurance Company Q2 (Consolidated YoY)
Profit grows 3% to Rs 448.3 crore Vs Rs 435.2 crore
Net premium income soars 13.6% to Rs 18,871.2 crore Vs Rs 16,613.7 crore
Net commission jumps 26.4% to Rs 2,344.3 crore Vs Rs 1,854.6 crore
L&T Finance Q2 (Consolidated YoY)
Profit increases 5.6% to Rs 734.8 crore Vs Rs 695.6 crore
Revenue rises 7.9% to Rs 4,335.8 crore Vs Rs 4,019.3 crore
Net interest income jumps 10.3% to Rs 2,403.1 crore Vs Rs 2,178.1 crore
HDB Financial Services Q2 (YoY)
Profit falls 1.6% to Rs 581.4 crore Vs Rs 591 crore
Net interest income surges 19.6% to Rs 2,192.5 crore Vs Rs 1,832.5 crore
Loan losses and provisions spikes 73.5% to Rs 748 crore Vs Rs 431 crore
Asset under management grows 12.8% to Rs 1,11,721 crore Vs Rs 99,076 crore
Gross Stage 3 loans soars to 2.81% Vs 2.10%
Net Stage 3 loans rises to 1.27% Vs 0.83%
Oberoi Realty Q2 (Consolidated YoY)
Profit zooms 29% to Rs 760.3 crore Vs Rs 589.4 crore
Revenue jumps 34.8% to Rs 1,779 crore Vs Rs 1,319.9 crore
Delta Corp Q2 (Consolidated YoY)
Profit drops 7% to Rs 25.1 crore Vs Rs 27 crore
Revenue rises 0.4% to Rs 182.8 crore Vs Rs 182.1 crore
Angel One Q2 (Consolidated YoY)
Profit sinks 50% to Rs 211.7 crore Vs Rs 423.4 crore
Revenue plunges 20.7% to Rs 1,201.8 crore Vs Rs 1,514.7 crore
Network18 Media and Investments Q2 (YoY)
News business operating revenue grows 7.2% to Rs 477.2 crore Vs Rs 445.3 crore
News business operating EBITDA rises 5.1% to Rs 7.4 crore Vs Rs 7 crore
Operating margin stands at 1.5% Vs 1.6%
Hathway Cable and Datacom Q2 (Consolidated YoY)
Profit drops 29.2% to Rs 18.25 crore Vs Rs 25.8 crore
Revenue grows 4.7% to Rs 536.7 crore Vs Rs 512.7 crore
Huhtamaki India Q2 (YoY)
Profit zooms 214% to Rs 36.8 crore Vs Rs 11.7 crore
Revenue falls 4.3% to Rs 624.7 crore Vs Rs 652.5 crore
KEI Industries Q2 (Consolidated YoY)
Profit jumps 31.5% to Rs 203.5 crore Vs Rs 154.8 crore
Revenue increases 19.4% to Rs 2,726.3 crore Vs Rs 2,283.8 crore
Kewal Kiran Clothing Q2 (Consolidated YoY)
Profit tanks 31.5% to Rs 44.9 crore Vs Rs 65.5 crore
Revenue grows 14.9% to Rs 354.1 crore Vs Rs 308.2 crore
Other income falls 80.2% to Rs 6.8 crore Vs Rs 34.3 crore
Half Yearly Business Update
Adani Green Energy (H1FY26 YoY)
Operational capacity increases 49% to 16.7 GW
Greenfield capacity addition at 2.4 GW Vs 0.25 GW
Sale of energy rises 39% at 19,569 million units
Stocks to Watch
The company has secured additional orders worth Rs 592 crore since September 29. The major orders received include tank subsystems and overhauling, communication equipment, combat management systems, ship data networks, the train collision avoidance system (Kavach), laser dazzlers, jammers, upgrades, and spares.
The world’s largest manufacturer of motorcycles and scooters has announced its official entry into the Republic of Spain, in partnership with Noria Motos — part of the ONEX Group — and the introduction of Euro 5+ models.
The company has received an order worth Rs 288.36 crore from AESL Projects. The order involves the supply of towers, survey, soil investigation, foundations, erection, stringing, testing, and commissioning of a portion of the +800 kV HVDC Bhadla 3 – Fatehpur transmission line on a turnkey basis.
The RPG Group company has secured a new order worth Rs 1,038 crore for the design, supply, and installation of a 380 kV GIS substation in Saudi Arabia. With this order, its year-to-date (YTD) order intake has surpassed Rs 16,000 crore.
The automotive supplier has appointed Avinash Chintawar as Chief Operating Officer (COO), effective October 15.
The Securities and Exchange Board of India (SEBI) has passed one of its biggest orders in recent times in an insider trading case involving shares of Indian Energy Exchange. The market regulator uncovered insider trading transactions worth over Rs 173 crore following a swift investigation and search operations conducted about a month ago.
Bulk Deals
WisdomTree Emerging Markets High Dividend Fund, a fundamentally weighted index comprising the highest dividend-yielding common stocks globally, purchased 3,59,146 equity shares (0.51%) in state-owned MSTC at Rs 539.13 per share, valued at Rs 19.36 crore.
WisdomTree Emerging Markets High Dividend Fund also acquired 68,17,024 shares (0.69% stake) in Allcargo Logistics at Rs 34.15 per share, amounting to Rs 23.28 crore.
Malabar India Fund, founded by Sumeet Nagar, has exited its position in Prataap Snacks by selling its entire holding of 3,46,439 shares (1.4% stake) at Rs 1,012.01 per share, totaling Rs 35.06 crore.
Mainboard Listing
Canara Robeco Asset Management Company
Rubicon Research
Anantam Highways Trust (InvIT)
Stock Trades Ex-Dividend
Elecon Engineering Company
Stock Trades Ex-Bonus
Concord Control Systems
Stock Trades Ex-Date for Split and Bonus
Welcure Drugs & Pharmaceuticals
Stock in F&O ban
Sammaan Capital
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