Om Metallogic

< -5%

Sai Swami

Bharat Wire Rop

-5% to -3%

Shalimar Wires

MFS Intercorp

Jain Resource

Madhav Copper

Sagardeep Alloy

Cubex Tubings

Gravita India

Poojawestern Me

-3% to 0%

Hind Zinc

Bonlon Industri

Baroda Extrusio

Vedanta

Nile

Ram Ratna Wires

0% to 3%

Southern Magnes

Onix Solar

Shera Energy

Hind Copper

3% to 5%

Bhagyanagar Ind

The shares of textile and shrimp stocks sharply surged on October 29 after US President Donald Trump hinted at having a trade deal with India soon.

The <a href="https://www.moneycontrol.com/news/business/donald-trump-says-have-great-respect-for-pm-modi-going-to-do-a-trade-deal-with-india-soon-13638938.html">latest comments by the American President</a> boosted investor sentiment as it would likely result in reduction in tariffs levied on Indian exports to the US, benefitting the export-oriented sectors significantly.

What Trump said?

US President Trump on Wednesday said that he holds great respect for Indian Prime Minister Narendra Modi. Speaking at the APEC CEO Summit in South Korea, he added that he is going to "do a trade deal with India".

Earlier during his speech, Trump spoke about his talks with India's Prime Minister Narendra Modi on the conflict with Pakistan. He described PM Modi as the "nicest looking guy" and "like a father".

Why are shrimp and textile stocks rallying?

The shares of these export-oriented companies had significantly declined earlier after the Trump administration increased tariffs on Indian imports to a whopping 50 percent, citing New Delhi's continued purchase of Russian oil. However, the rising expectations of India-US finalizing on the trade deal boosted the export-oriented shrimp and textile stocks, who derive a significant portion of their revenue from the American market.

Top gainers among shrimp stocks:

Apex Frozen Foods shares jumped more than 4 percent to trade at around Rs 248 apiece. Coastal Corporation shares rose more than 2 percent, while Avanti Feeds shares sharply recovered all losses to trade in the green, after dropping around 2 percent earlier during the day.

Top gainers among textile stocks:

Gokaldas Exports and Pearl Global Industries shares jumped around 4 percent each, while Raymond Lifestyle shares gained more than 2 percent. KPR Mill shares also recovered significant losses after the announcement to trade nearly flat in the red.

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-29-10-2025-liveblog-13638143.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.

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Textile, shrimp stocks rise up to 4% after Trump hints at trade deal with India soon

The shares of textile and shrimp stocks sharply surged on October 29 after US President Donald Trump hinted at having a trade deal with India soon.

The latest comments by the American President boosted investor sentiment as it would likely result in reduction in tariffs levied on Indian exports to the US, benefitting the export-oriented sectors significantly.

What Trump said?

US President Trump on Wednesday said that he holds great respect for Indian Prime Minister Narendra Modi. Speaking at the APEC CEO Summit in South Korea, he added that he is going to &quot;do a trade deal with India&quot;.

Earlier during his speech, Trump spoke about his talks with India's Prime Minister Narendra Modi on the conflict with Pakistan. He described PM Modi as the &quot;nicest looking guy&quot; and &quot;like a father&quot;.

Why are shrimp and textile stocks rallying?

The shares of these export-oriented companies had significantly declined earlier after the Trump administration increased tariffs on Indian imports to a whopping 50 percent, citing New Delhi's continued purchase of Russian oil. However, the rising expectations of India-US finalizing on the trade deal boosted the export-oriented shrimp and textile stocks, who derive a significant portion of their revenue from the American market.

Top gainers among shrimp stocks:

Apex Frozen Foods shares jumped more than 4 percent to trade at around Rs 248 apiece. Coastal Corporation shares rose more than 2 percent, while Avanti Feeds shares sharply recovered all losses to trade in the green, after dropping around 2 percent earlier during the day.

Top gainers among textile stocks:

Gokaldas Exports and Pearl Global Industries shares jumped around 4 percent each, while Raymond Lifestyle shares gained more than 2 percent. KPR Mill shares also recovered significant losses after the announcement to trade nearly flat in the red.

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.

The shares of metal stocks jumped in trade on October 29. The sharp rise in the share prices pushed the <a href="https://www.moneycontrol.com/indian-indices/nifty-metal-51.html">Nifty Metal</a> index up more than 2 percent in the morning to hit a record high of 10,824.70.

The surge in metal stocks comes on the back of rising expectations cooling trade tensions between China and US and a possible rate cut by the US Federal Reserve. The metal index has now extended gains for the sixth consecutive session, rising more than 4 percent during the period.

Metal stocks soar:

Steel Authority of India (<a href="https://www.moneycontrol.com/india/stockpricequote/steel-large/steelauthorityindia/SAI">SAIL</a>) shares soared nearly 8 percent to trade at Rs 142 apiece. The company is set to announce its results for the second quarter of the financial year 2026 later today. <a href="https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustancopper/HC07">Hindustan Copper</a> shares followed, jumping more than 3 percent.

<a href="https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustanzinc/HZ">Hindustan Zinc</a> and NMDC shares jumped nearly 3 percent, while Vedanta, <a href="https://www.moneycontrol.com/india/stockpricequote/steel-large/jswsteel/JSW01">JSW Steel</a> and <a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/tatasteel/TIS">Tata Steel</a> shares rose over 2 percent each. Jindal Stainless Steel and National Aluminium Company (<a href="https://www.moneycontrol.com/india/stockpricequote/aluminium/nationalaluminiumcompany/NAC">NALCO</a>) shares rose over 1 percent each.

Jindal Steel &amp; Power, <a href="https://www.moneycontrol.com/india/stockpricequote/trading/adanienterprises/AE13">Adani Enterprises</a>, APL Apollo Tubes and <a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/hindalcoindustries/HI">Hindalco Industries</a> shares gained nearly 1 percent each.

Trump-Xi meeting:

US President Donald Trump is set to meet Chinese President Xi Jinping on the sidelines of an international summit in South Korea later this week. Trump today said that he expected a "lot of problems" to be solved as part of their upcoming talks.

This came amid concerns following escalating trade tensions after Trump announced that he will hike tariffs on Chinese imports to a whopping 155 percent earlier last week. The expectations of cooling trade tensions between the two countries may have also boosted the metal stocks.

The high metal prices due to the tight supply and demand dynamics globally also fuelled the rally in metal stocks.

US rate cut expectations:

Jerome Powell is set to announce the key decisions taken by the Federal Reserve’s FOMC meeting today. The American central bank is widely expected to cut its key interest rates by 25-basis-point, according to CME's FedWatch Tool.

“While the Fed is expected to cut rates by a quarter point, traders will scrutinise the accompanying statement and Chair Jerome Powell's comments for signals about future cuts,” said Devarsh Vakil, Head of Prime Research at HDFC Securities. More rate cuts by the US Federal Reserve are likely provide a boost to non-yielding assets.

&nbsp;

Also read: <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-29-10-2025-liveblog-13638143.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.

Metal index hits record high ahead of Trump-Xi meet; SAIL, Hind Copper rise up to 8%

The shares of metal stocks jumped in trade on October 29. The sharp rise in the share prices pushed the Nifty Metal index up more than 2 percent in the morning to hit a record high of 10,824.70.

The surge in metal stocks comes on the back of rising expectations cooling trade tensions between China and US and a possible rate cut by the US Federal Reserve. The metal index has now extended gains for the sixth consecutive session, rising more than 4 percent during the period.

Metal stocks soar:

Steel Authority of India (SAIL) shares soared nearly 8 percent to trade at Rs 142 apiece. The company is set to announce its results for the second quarter of the financial year 2026 later today. Hindustan Copper shares followed, jumping more than 3 percent.

Hindustan Zinc and NMDC shares jumped nearly 3 percent, while Vedanta, JSW Steel and Tata Steel shares rose over 2 percent each. Jindal Stainless Steel and National Aluminium Company (NALCO) shares rose over 1 percent each.

Jindal Steel &amp;amp; Power, Adani Enterprises, APL Apollo Tubes and Hindalco Industries shares gained nearly 1 percent each.

Trump-Xi meeting:

US President Donald Trump is set to meet Chinese President Xi Jinping on the sidelines of an international summit in South Korea later this week. Trump today said that he expected a &quot;lot of problems&quot; to be solved as part of their upcoming talks.

This came amid concerns following escalating trade tensions after Trump announced that he will hike tariffs on Chinese imports to a whopping 155 percent earlier last week. The expectations of cooling trade tensions between the two countries may have also boosted the metal stocks.

The high metal prices due to the tight supply and demand dynamics globally also fuelled the rally in metal stocks.

US rate cut expectations:

Jerome Powell is set to announce the key decisions taken by the Federal Reserve’s FOMC meeting today. The American central bank is widely expected to cut its key interest rates by 25-basis-point, according to CME's FedWatch Tool.

“While the Fed is expected to cut rates by a quarter point, traders will scrutinise the accompanying statement and Chair Jerome Powell's comments for signals about future cuts,” said Devarsh Vakil, Head of Prime Research at HDFC Securities. More rate cuts by the US Federal Reserve are likely provide a boost to non-yielding assets.

&amp;nbsp;

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.

Shares of logistics major <a href="https://www.moneycontrol.com/india/stockpricequote/couriers/bluedartexpress/BDE">Blue Dart Express</a> surged up to 11.7 percent to an intraday high of Rs 6,185 on the NSE on Wednesday after posting a strong September quarter.

The company reported a 29.5 percent year-on-year rise in its second-quarter net profit, supported by rising demand for delivery services due to the festive season. Operating revenues increased 7 percent, while total expenses were up 5.6 percent. According to LSEG data, the stock is rated an average "Buy" with a median price target of Rs 7,200.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/adanigreenenergylimited/ADANI54145">Adani Green Energy</a> also advanced, reaching an intraday high of Rs 1,055.60, a rise of over 5 percent. The company recorded a 28 percent year-on-year increase in consolidated net profit for the September quarter at Rs 644 crore, up from Rs 515 crore in the year-ago period. Revenue from its power-supply business rose to Rs 2,776 crore from Rs 2,308 crore.

In the first half of FY 2026, the company added 2,437 MW of greenfield capacity, representing 74 percent of its full-year FY 2025 capacity addition. Its stock is rated "Buy" on average by seven analysts, with a median price target of Rs 1,265, per LSEG data.

Meanwhile, Mahindra &amp; Mahindra Financial Services Ltd saw its shares climb nearly 3 percent to Rs 308.10. The company’s net profit after tax rose 54 percent year-on-year to Rs 570 crore, driven by strong vehicle-loan disbursements in tractors and passenger-vehicle segments.

Assets under management grew 13 percent over the period. Brokerages expect the second half of FY 2026 to be stronger on improving passenger-vehicle demand, though weakness in the commercial-vehicle segment remains a concern. LSEG data shows the stock is rated “Buy” on average by 31 analysts, with a median price target of Rs 300.

(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.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

Blue Dart, Adani Green, M&M Fin rise up to 12% on strong Q2 results, positive brokerage outlook

Shares of logistics major Blue Dart Express surged up to 11.7 percent to an intraday high of Rs 6,185 on the NSE on Wednesday after posting a strong September quarter.

The company reported a 29.5 percent year-on-year rise in its second-quarter net profit, supported by rising demand for delivery services due to the festive season. Operating revenues increased 7 percent, while total expenses were up 5.6 percent. According to LSEG data, the stock is rated an average &quot;Buy&quot; with a median price target of Rs 7,200.

Shares of Adani Green Energy also advanced, reaching an intraday high of Rs 1,055.60, a rise of over 5 percent. The company recorded a 28 percent year-on-year increase in consolidated net profit for the September quarter at Rs 644 crore, up from Rs 515 crore in the year-ago period. Revenue from its power-supply business rose to Rs 2,776 crore from Rs 2,308 crore.

In the first half of FY 2026, the company added 2,437 MW of greenfield capacity, representing 74 percent of its full-year FY 2025 capacity addition. Its stock is rated &quot;Buy&quot; on average by seven analysts, with a median price target of Rs 1,265, per LSEG data.

Meanwhile, Mahindra &amp;amp; Mahindra Financial Services Ltd saw its shares climb nearly 3 percent to Rs 308.10. The company’s net profit after tax rose 54 percent year-on-year to Rs 570 crore, driven by strong vehicle-loan disbursements in tractors and passenger-vehicle segments.

Assets under management grew 13 percent over the period. Brokerages expect the second half of FY 2026 to be stronger on improving passenger-vehicle demand, though weakness in the commercial-vehicle segment remains a concern. LSEG data shows the stock is rated “Buy” on average by 31 analysts, with a median price target of Rs 300.

(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.

Blue Dart, Adani Green, M&amp;M Fin rise up to 12% on strong Q2 results, positive brokerage outlook

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/auto-23-wheelers/tvsmotorcompany/TVS">TVS Motor Company</a> dropped nearly 2 percent in the early trading hours of October 29 after the company released its results for the second quarter of the financial year 2026. The shares of the company were trading at Rs 3,498.50 apiece.

The two wheeler-maker on October 28 reported a standalone net profit of Rs 906 crore for the July-September quarter of the financial year 2026. This marks a 37 percent year-on-year (YoY) rise from the Rs 663 crore net profit reported in the same period last year.

The firm's revenue from operations meanwhile grew 29 percent YoY to Rs 11,905 crore during the quarter under review, as against Rs 9,228 crore during the year-ago period. This was driven by<a href="https://www.moneycontrol.com/news/business/earnings/tvs-motor-q2-net-profit-up-37-yoy-to-rs-906-crore-revenue-rises-29-13636029.html"> robust sales momentum</a> across segments.

Operating performance also improved sharply, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 40 percent YoY to Rs 1,509 crore in Q2 FY26 from Rs 1,080 crore in Q2 FY25. This was the highest-ever quarterly operating EBITDA for the Apache motorcycle manufacturer. EBITDA margin expanded by 100 basis points YoY to 12.7 percent.

Morgan Stanley on TVS Motor:

Morgan Stanley kept an 'Overweight' call on the stock, with a target price of Rs 4,022 per share. This implies an upside potential of nearly 13 percent from the stock's previous closing price of Rs 3,562 apiece.

The international brokerage said that the firm's Q2 FY26 performance was in-line with estimates at the EBITDA level, through margin missed expectations. It expects 'scooterisation' and premiumization to be the key drivers of growth in the two-wheeler market.

Jefferies on TVS Motor:

Jeferries kept a 'Buy' call on the stock, with a target price of Rs 4,300 per share. This implies an upside potential of nearly 21 percent from the stock's previous closing price.

The international brokerage said that the firm's Q2 EBITDA and PAT growth were in-line with estimates. While volumes rose 23 percent YoY, EBITDA margin was flattish QoQ at 12.7 percent. It noted that the company’s market share has risen to a 22-year high in domestic two-wheelers and a new high in exports.

Nomura on TVS Motor:

Nomura kept a 'Buy' call on the stock, with a target price of Rs 3,970 apiece. This implies an upside potential of more than 11 percent from the stock's previous closing price.

The brokerage expects outperformance across all sectors. It however noted that the firm’s Q2 margin was slightly below estimate due to lower PLI and forex. EV three-wheeler ramp-up and Norton launch offer potential upside, it added.

Motilal Oswal on TVS Motor:

Motilal Oswal upgraded the stock to 'Buy' from its earlier 'Neutral' rating, with a target price of Rs 4,159 per share. This implies an upside potential of nearly 17 percent from the stock's previous closing price.

TVS Motor Company's Q2 PAT was below the brokerage's estimate, even as the EBITDA miss was just 2 percent. PAT miss was largely driven by higher interest and depreciation expenses, along with a loss on the fair valuation of its investment in TVS Supply Chain, it added.

"Backed by GST rate cuts, management expects 2W demand momentum to sustain in 2H and TVS to continue outperforming going forward… Given its healthy launch pipeline, we have raised our estimates for FY27 by 5.5%. Overall, we factor in TVS to post a revenue/EBITDA/PAT CAGR of 21%/25%/29% over FY25-28E. Its consistent market share gains across key domestic and export segments, along with a gradual improvement in margins, have driven healthy returns over the years. This strong track record is likely to help sustain its premium valuations in the long run," it added.

HDFC Securities on TVS Motor:

HDFC Securities kept an 'Add' call on the stock, raising its target price to Rs 3,522 per share. This implies a downside potential of more than 1 percent from the stock’s previous closing price.

The domestic brokerage said that the firm’s Q2 EBITDA margin was in line with ours and Bloomberg consensus estimate of 12.8 percent. “Going forward, management expects the company to grow faster than the industry in both domestic and international markets, to be aided by the continuing scooterization and premiumization trends. It has guided for the 2W ICE industry to grow 8% in H2, aided by GST rate rationalization. Rare earth magnet shortage continues to impact EV production. Another concern remains on capital allocation, as higher investments continue toward its subsidiaries, which include investments for development of the Norton bike portfolio as well as e-bikes,” it added.

Also read:<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-29-10-2025-liveblog-13638143.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.

TVS Motor Company shares drop 2% after Q2 results: Should you buy, sell or hold?

The shares of TVS Motor Company dropped nearly 2 percent in the early trading hours of October 29 after the company released its results for the second quarter of the financial year 2026. The shares of the company were trading at Rs 3,498.50 apiece.

The two wheeler-maker on October 28 reported a standalone net profit of Rs 906 crore for the July-September quarter of the financial year 2026. This marks a 37 percent year-on-year (YoY) rise from the Rs 663 crore net profit reported in the same period last year.

The firm's revenue from operations meanwhile grew 29 percent YoY to Rs 11,905 crore during the quarter under review, as against Rs 9,228 crore during the year-ago period. This was driven by robust sales momentum across segments.

Operating performance also improved sharply, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 40 percent YoY to Rs 1,509 crore in Q2 FY26 from Rs 1,080 crore in Q2 FY25. This was the highest-ever quarterly operating EBITDA for the Apache motorcycle manufacturer. EBITDA margin expanded by 100 basis points YoY to 12.7 percent.

Morgan Stanley on TVS Motor:

Morgan Stanley kept an 'Overweight' call on the stock, with a target price of Rs 4,022 per share. This implies an upside potential of nearly 13 percent from the stock's previous closing price of Rs 3,562 apiece.

The international brokerage said that the firm's Q2 FY26 performance was in-line with estimates at the EBITDA level, through margin missed expectations. It expects 'scooterisation' and premiumization to be the key drivers of growth in the two-wheeler market.

Jefferies on TVS Motor:

Jeferries kept a 'Buy' call on the stock, with a target price of Rs 4,300 per share. This implies an upside potential of nearly 21 percent from the stock's previous closing price.

The international brokerage said that the firm's Q2 EBITDA and PAT growth were in-line with estimates. While volumes rose 23 percent YoY, EBITDA margin was flattish QoQ at 12.7 percent. It noted that the company’s market share has risen to a 22-year high in domestic two-wheelers and a new high in exports.

Nomura on TVS Motor:

Nomura kept a 'Buy' call on the stock, with a target price of Rs 3,970 apiece. This implies an upside potential of more than 11 percent from the stock's previous closing price.

The brokerage expects outperformance across all sectors. It however noted that the firm’s Q2 margin was slightly below estimate due to lower PLI and forex. EV three-wheeler ramp-up and Norton launch offer potential upside, it added.

Motilal Oswal on TVS Motor:

Motilal Oswal upgraded the stock to 'Buy' from its earlier 'Neutral' rating, with a target price of Rs 4,159 per share. This implies an upside potential of nearly 17 percent from the stock's previous closing price.

TVS Motor Company's Q2 PAT was below the brokerage's estimate, even as the EBITDA miss was just 2 percent. PAT miss was largely driven by higher interest and depreciation expenses, along with a loss on the fair valuation of its investment in TVS Supply Chain, it added.

&quot;Backed by GST rate cuts, management expects 2W demand momentum to sustain in 2H and TVS to continue outperforming going forward… Given its healthy launch pipeline, we have raised our estimates for FY27 by 5.5%. Overall, we factor in TVS to post a revenue/EBITDA/PAT CAGR of 21%/25%/29% over FY25-28E. Its consistent market share gains across key domestic and export segments, along with a gradual improvement in margins, have driven healthy returns over the years. This strong track record is likely to help sustain its premium valuations in the long run,&quot; it added.

HDFC Securities on TVS Motor:

HDFC Securities kept an 'Add' call on the stock, raising its target price to Rs 3,522 per share. This implies a downside potential of more than 1 percent from the stock’s previous closing price.

The domestic brokerage said that the firm’s Q2 EBITDA margin was in line with ours and Bloomberg consensus estimate of 12.8 percent. “Going forward, management expects the company to grow faster than the industry in both domestic and international markets, to be aided by the continuing scooterization and premiumization trends. It has guided for the 2W ICE industry to grow 8% in H2, aided by GST rate rationalization. Rare earth magnet shortage continues to impact EV production. Another concern remains on capital allocation, as higher investments continue toward its subsidiaries, which include investments for development of the Norton bike portfolio as well as e-bikes,” it added.

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.

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and appointments, 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>

Larsen &amp; Toubro, Coal India, Hindustan Petroleum Corporation, LIC Housing Finance, PB Fintech, APL Apollo Tubes, Apollo Pipes, Bharat Heavy Electricals, Brigade Enterprises, CG Power and Industrial Solutions, Fino Payments Bank, Five-Star Business Finance, PNGS Gargi Fashion Jewellery, HeidelbergCement India, Le Travenues Technology, Laxmi Organic Industries, Mahanagar Gas, NLC India, NMDC, NTPC Green Energy, Quess Corp, Radico Khaitan, RailTel Corporation of India, Steel Authority of India, Sanofi India, United Breweries, and Varun Beverages will announce their quarterly earnings on October 29.

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Quarterly Earnings</a>

<a href="https://www.moneycontrol.com/india/stockpricequote/cement-major/shreecements/SC12" target="_blank">Shree Cement</a> Q2 (Consolidated YoY)

Profit zooms 303.6% to Rs 308.5 crore Vs Rs 76.44 crore

Revenue grows 17.4% to Rs 4,761 crore Vs Rs 4,054.2 crore

EBITDA soars 58.8% to Rs 974 crore Vs Rs 613.5 crore

EBITDA margin expands to 20.45% Vs 15.13%

<a href="https://www.moneycontrol.com/india/stockpricequote/ironsteel/jindalsteel/JSP" target="_blank">Jindal Steel</a> Q2 (Consolidated YoY)

Profit falls 25.9% to Rs 638.2 crore Vs Rs 860.9 crore

Revenue grows 4.2% to Rs 11,685.9 crore Vs Rs 11,213.3 crore

Board approves appointment of Gautam Malhotra as Chief Executive Officer

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/tatacapital/TCL06" target="_blank">Tata Capital</a> Q2 (Consolidated YoY)

Profit rises 17% to Rs 1,128 crore Vs Rs 965 crore

Net interest income increases 23% to Rs 2,637 crore Vs Rs 2,139 crore

Net total income jumps 28% to Rs 3,330 crore Vs Rs 2,599 crore

Assets under management soars 22% to Rs 2.15 lakh crore Vs Rs 1.76 lakh crore

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/mahindramahindrafinancialservices/MMF04" target="_blank">Mahindra and Mahindra Financial Services</a> Q2 (Consolidated YoY)

Profit zooms 45.1% to Rs 566 crore Vs Rs 390 crore

Net interest income grows 18% to Rs 2,829 crore Vs Rs 2,403 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/premierenergies/PEL06" target="_blank">Premier Energies</a> Q2 (Consolidated YoY)

Profit soars 71.6% to Rs 353.4 crore Vs Rs 205.9 crore

Revenue grows 20.3% to Rs 1,836.9 crore Vs Rs 1,527.2 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/diversified/dcmshriram/DCM02" target="_blank">DCM Shriram</a> Q2 (Consolidated YoY)

Profit surges 151.2% to Rs 158 crore Vs Rs 62.9 crore

Revenue increases 9.7% to Rs 3,432.4 crore Vs Rs 3,130 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-industrial-equipments/ideaforgetechnology/IT07" target="_blank">Ideaforge Technology</a> Q2 (Consolidated YoY)

Loss widens to Rs 19.6 crore Vs Rs 13.7 crore

Revenue grows 9.9% to Rs 40.8 crore Vs Rs 37.1 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/happiestmindstechnologies/HMT01" target="_blank">Happiest Minds Technologies</a> Q2 (Consolidated YoY)

Profit rises 9% to Rs 54 crore Vs Rs 49.5 crore

Revenue soars 10% to Rs 573.6 crore Vs Rs 521.6 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/novartisindia/NI01" target="_blank">Novartis India</a> Q2 (YoY)

Profit spikes 18.7% to Rs 24.2 crore Vs Rs 20.4 crore

Revenue increases 3.7% to Rs 90.3 crore Vs Rs 87.1 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/fasteners/sundramfasteners/SF23" target="_blank">Sundram Fasteners</a> Q2 (Consolidated YoY)

Profit rises 5.9% to Rs 150.9 crore Vs Rs 142.5 crore

Revenue grows 2.4% to Rs 1,521 crore Vs Rs 1,486 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-nbfc/creditaccessgrameen/CG03" target="_blank">CreditAccess Grameen</a> Q2 (Consolidated YoY)

Profit falls 32.4% to Rs 125.8 crore Vs Rs 186 crore

Net interest income rises 6.2% to Rs 1,028.8 crore Vs Rs 968.7 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/diversified/starhealthalliedinsurancecompany/SHA" target="_blank">Star Health and Allied Insurance Company</a> Q2 (YoY)

Profit sinks 50.7% to Rs 54.9 crore Vs Rs 111.3 crore

Gross premium written rises 1.2% to Rs 4,423.8 crore Vs Rs 4,371.3 crore

Net premium earned grows 10.2% to Rs 4,080.8 crore Vs Rs 3,703.9 crore

Net commission zooms 25.9% to Rs 690.9 crore Vs Rs 548.9 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/couriers/bluedartexpress/BDE" target="_blank">Blue Dart Express</a> Q2 (Consolidated YoY)

Profit jumps 29.5% to Rs 81.4 crore Vs Rs 62.8 crore

Revenue increases 7% to Rs 1,549.3 crore Vs Rs 1,448.5 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/multiline-insurancebrokers/godigitgeneralinsurance/GDGIL" target="_blank">Go Digit General Insurance</a> Q2 (YoY)

Profit spikes 30.2% to Rs 116.5 crore Vs Rs 89.5 crore

Gross premium written grows 12.6% to Rs 2,667.5 crore Vs Rs 2,368.6 crore

Net premium earned increases 10.4% to Rs 2,088.2 crore Vs Rs 1,891.2 crore

Net commission rises 5.2% to Rs 602.6 crore Vs Rs 572.6 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/gas-distribution/adanitotalgas/ADG01" target="_blank">Adani Total Gas</a> Q2 (Consolidated YoY)

Profit falls 11.9% to Rs 163.5 crore Vs Rs 185.6 crore

Revenue jumps 19.6% to Rs 1,576.4 crore Vs Rs 1,318.4 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/adanigreenenergylimited/ADANI54145" target="_blank">Adani Green Energy</a> Q2 (Consolidated YoY)

Profit grows 25% to Rs 644 crore Vs Rs 515 crore

Revenue rises 0.1% to Rs 3,008 crore Vs Rs 3,005 crore

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/tvsholdings/SC" target="_blank">TVS Holdings</a> Q2 (Consolidated YoY)

Profit zooms 59.2% to Rs 442.9 crore Vs Rs 278.3 crore

Revenue increases 27.1% to Rs 14,549.2 crore Vs Rs 11,450 crore

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/signatureglobalindia/SIL24" target="_blank">Signature Global India</a>

The real estate developer has raised Rs 875 crore through a private placement of non-convertible debentures (NCDs) to the International Finance Corporation (IFC). The proceeds will be used for the development of mid-income and sustainable housing projects and for the reduction of existing debt.

<a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/oilindia/OI13" target="_blank">Oil India</a>

The company has signed a partnership with <a href="https://www.moneycontrol.com/india/stockpricequote/refineries/bharatpetroleumcorporation/BPC" target="_blank">Bharat Petroleum Corporation</a> (BPCL) and Numaligarh Refinery (NRL) to boost growth across refining, petrochemicals, and logistics infrastructure.

Oil India and BPCL have entered into a collaborative framework for building the Rs 1 lakh crore integrated Ramayapatnam Greenfield Refinery &amp; Petrochemical project, the first of its kind in South India. Additionally, Oil India has signed a pact with BPCL and NRL for a Rs 3,500 crore cross-country product evacuation pipeline following the NRL refinery expansion.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-housing/pnbhousingfinance/PHF" target="_blank">PNB Housing Finance</a>

Girish Kousgi, Managing Director and CEO of the company, has vacated his office on October 28. Regulatory approvals are currently underway for the appointment of a new Managing Director &amp; CEO.

In the meantime, Jatul Anand, Executive Director, will lead the team under the guidance of the Board, chaired by D Surendran, Nominee Director from Punjab National Bank.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/cohancelifesciences/SP19" target="_blank">Cohance Lifesciences</a>

V Prasada Raju has resigned as Managing Director and Director of the company, effective October 28.

The Board has approved the appointment of Himanshu Agarwal, currently serving as Chief Financial Officer, as an Additional Director of the company for a five-year term, effective October 29. He will also be designated as Whole-time Director and Chief Financial Officer of the company.

<a href="https://www.moneycontrol.com/india/stockpricequote/engineering-construction/arisinfrasolutions/ASL12" target="_blank">ArisInfra Solutions</a>

The company, through its subsidiary ArisUnitern RE Solutions, has announced strategic partnerships with Mumbai-based Transcon Group and Bengaluru-based Amogaya Projects. These partnerships further strengthen its integrated model across material supply and value-added services and aim to unlock over Rs 12,000 crore in real estate value.

<a href="https://www.moneycontrol.com/india/stockpricequote/shipping/swandefenceheavyindustries/PS04" target="_blank">Swan Defence and Heavy Industries</a>

Mazagon Dock Shipbuilders has signed an exclusive Teaming Agreement (TA) with Swan Defence for collaboration in the design and construction of Landing Platform Docks (LPDs) for the Indian Navy.

Block Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-investments/adityabirlacapital/ABC9" target="_blank">Aditya Birla Capital</a>

Jomei Investments, a special purpose vehicle owned by Advent International Corporation, has exited Aditya Birla Capital by selling its entire 5.32 crore equity shares (2.04% stake) via two block deals at Rs 308 per share, valued at Rs 1,638.6 crore.

These 5.32 crore shares were bought by a total of 15 foreign and domestic institutional investors, including Goldman Sachs, Plutus Wealth Management, Morgan Stanley, Norges Bank (on account of the Government Pension Fund Global), Société Générale, Viridian Asia Opportunities Master Fund, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, ITI Mutual Fund, Motilal Oswal AMC, and SBI Mutual Fund.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/aareydrugspharmaceuticals/ADP" target="_blank">Aarey Drugs &amp; Pharmaceuticals</a>

India Opportunities Growth Fund – Pinewood Strategy sold 1.53 lakh shares (0.54% stake) at Rs 87.76 per share, amounting to Rs 1.3 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-tyresrubber-products/tolinstyres/TTL04" target="_blank">Tolins Tyres</a>

BofA Securities Europe SA acquired 2.1 lakh shares (0.53% stake) in Tolins Tyres at Rs 189.99 per share, valued at Rs 3.98 crore.

Stock in F&amp;O ban

Sammaan Capital

Stock Out of F&amp;O ban

SAIL

Stocks to Watch Today: Shree Cement, Tata Capital, Premier Energies, Ideaforge, Star Health, Go Digit, TVS Holdings, ArisInfra, Swan Defence in focus on 29 October

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

Results Today

Larsen &amp;amp; Toubro, Coal India, Hindustan Petroleum Corporation, LIC Housing Finance, PB Fintech, APL Apollo Tubes, Apollo Pipes, Bharat Heavy Electricals, Brigade Enterprises, CG Power and Industrial Solutions, Fino Payments Bank, Five-Star Business Finance, PNGS Gargi Fashion Jewellery, HeidelbergCement India, Le Travenues Technology, Laxmi Organic Industries, Mahanagar Gas, NLC India, NMDC, NTPC Green Energy, Quess Corp, Radico Khaitan, RailTel Corporation of India, Steel Authority of India, Sanofi India, United Breweries, and Varun Beverages will announce their quarterly earnings on October 29.

Quarterly Earnings

Shree Cement Q2 (Consolidated YoY)

Profit zooms 303.6% to Rs 308.5 crore Vs Rs 76.44 crore

Revenue grows 17.4% to Rs 4,761 crore Vs Rs 4,054.2 crore

EBITDA soars 58.8% to Rs 974 crore Vs Rs 613.5 crore

EBITDA margin expands to 20.45% Vs 15.13%

Jindal Steel Q2 (Consolidated YoY)

Profit falls 25.9% to Rs 638.2 crore Vs Rs 860.9 crore

Revenue grows 4.2% to Rs 11,685.9 crore Vs Rs 11,213.3 crore

Board approves appointment of Gautam Malhotra as Chief Executive Officer

Tata Capital Q2 (Consolidated YoY)

Profit rises 17% to Rs 1,128 crore Vs Rs 965 crore

Net interest income increases 23% to Rs 2,637 crore Vs Rs 2,139 crore

Net total income jumps 28% to Rs 3,330 crore Vs Rs 2,599 crore

Assets under management soars 22% to Rs 2.15 lakh crore Vs Rs 1.76 lakh crore

Mahindra and Mahindra Financial Services Q2 (Consolidated YoY)

Profit zooms 45.1% to Rs 566 crore Vs Rs 390 crore

Net interest income grows 18% to Rs 2,829 crore Vs Rs 2,403 crore

Premier Energies Q2 (Consolidated YoY)

Profit soars 71.6% to Rs 353.4 crore Vs Rs 205.9 crore

Revenue grows 20.3% to Rs 1,836.9 crore Vs Rs 1,527.2 crore

DCM Shriram Q2 (Consolidated YoY)

Profit surges 151.2% to Rs 158 crore Vs Rs 62.9 crore

Revenue increases 9.7% to Rs 3,432.4 crore Vs Rs 3,130 crore

Ideaforge Technology Q2 (Consolidated YoY)

Loss widens to Rs 19.6 crore Vs Rs 13.7 crore

Revenue grows 9.9% to Rs 40.8 crore Vs Rs 37.1 crore

Happiest Minds Technologies Q2 (Consolidated YoY)

Profit rises 9% to Rs 54 crore Vs Rs 49.5 crore

Revenue soars 10% to Rs 573.6 crore Vs Rs 521.6 crore

Novartis India Q2 (YoY)

Profit spikes 18.7% to Rs 24.2 crore Vs Rs 20.4 crore

Revenue increases 3.7% to Rs 90.3 crore Vs Rs 87.1 crore

Sundram Fasteners Q2 (Consolidated YoY)

Profit rises 5.9% to Rs 150.9 crore Vs Rs 142.5 crore

Revenue grows 2.4% to Rs 1,521 crore Vs Rs 1,486 crore

CreditAccess Grameen Q2 (Consolidated YoY)

Profit falls 32.4% to Rs 125.8 crore Vs Rs 186 crore

Net interest income rises 6.2% to Rs 1,028.8 crore Vs Rs 968.7 crore

Star Health and Allied Insurance Company Q2 (YoY)

Profit sinks 50.7% to Rs 54.9 crore Vs Rs 111.3 crore

Gross premium written rises 1.2% to Rs 4,423.8 crore Vs Rs 4,371.3 crore

Net premium earned grows 10.2% to Rs 4,080.8 crore Vs Rs 3,703.9 crore

Net commission zooms 25.9% to Rs 690.9 crore Vs Rs 548.9 crore

Blue Dart Express Q2 (Consolidated YoY)

Profit jumps 29.5% to Rs 81.4 crore Vs Rs 62.8 crore

Revenue increases 7% to Rs 1,549.3 crore Vs Rs 1,448.5 crore

Go Digit General Insurance Q2 (YoY)

Profit spikes 30.2% to Rs 116.5 crore Vs Rs 89.5 crore

Gross premium written grows 12.6% to Rs 2,667.5 crore Vs Rs 2,368.6 crore

Net premium earned increases 10.4% to Rs 2,088.2 crore Vs Rs 1,891.2 crore

Net commission rises 5.2% to Rs 602.6 crore Vs Rs 572.6 crore

Adani Total Gas Q2 (Consolidated YoY)

Profit falls 11.9% to Rs 163.5 crore Vs Rs 185.6 crore

Revenue jumps 19.6% to Rs 1,576.4 crore Vs Rs 1,318.4 crore

Adani Green Energy Q2 (Consolidated YoY)

Profit grows 25% to Rs 644 crore Vs Rs 515 crore

Revenue rises 0.1% to Rs 3,008 crore Vs Rs 3,005 crore

TVS Holdings Q2 (Consolidated YoY)

Profit zooms 59.2% to Rs 442.9 crore Vs Rs 278.3 crore

Revenue increases 27.1% to Rs 14,549.2 crore Vs Rs 11,450 crore

Stocks to Watch

Signature Global India

The real estate developer has raised Rs 875 crore through a private placement of non-convertible debentures (NCDs) to the International Finance Corporation (IFC). The proceeds will be used for the development of mid-income and sustainable housing projects and for the reduction of existing debt.

Oil India

The company has signed a partnership with Bharat Petroleum Corporation (BPCL) and Numaligarh Refinery (NRL) to boost growth across refining, petrochemicals, and logistics infrastructure.

Oil India and BPCL have entered into a collaborative framework for building the Rs 1 lakh crore integrated Ramayapatnam Greenfield Refinery &amp;amp; Petrochemical project, the first of its kind in South India. Additionally, Oil India has signed a pact with BPCL and NRL for a Rs 3,500 crore cross-country product evacuation pipeline following the NRL refinery expansion.

PNB Housing Finance

Girish Kousgi, Managing Director and CEO of the company, has vacated his office on October 28. Regulatory approvals are currently underway for the appointment of a new Managing Director &amp;amp; CEO.

In the meantime, Jatul Anand, Executive Director, will lead the team under the guidance of the Board, chaired by D Surendran, Nominee Director from Punjab National Bank.

Cohance Lifesciences

V Prasada Raju has resigned as Managing Director and Director of the company, effective October 28.

The Board has approved the appointment of Himanshu Agarwal, currently serving as Chief Financial Officer, as an Additional Director of the company for a five-year term, effective October 29. He will also be designated as Whole-time Director and Chief Financial Officer of the company.

ArisInfra Solutions

The company, through its subsidiary ArisUnitern RE Solutions, has announced strategic partnerships with Mumbai-based Transcon Group and Bengaluru-based Amogaya Projects. These partnerships further strengthen its integrated model across material supply and value-added services and aim to unlock over Rs 12,000 crore in real estate value.

Swan Defence and Heavy Industries

Mazagon Dock Shipbuilders has signed an exclusive Teaming Agreement (TA) with Swan Defence for collaboration in the design and construction of Landing Platform Docks (LPDs) for the Indian Navy.

Block Deals

Aditya Birla Capital

Jomei Investments, a special purpose vehicle owned by Advent International Corporation, has exited Aditya Birla Capital by selling its entire 5.32 crore equity shares (2.04% stake) via two block deals at Rs 308 per share, valued at Rs 1,638.6 crore.

These 5.32 crore shares were bought by a total of 15 foreign and domestic institutional investors, including Goldman Sachs, Plutus Wealth Management, Morgan Stanley, Norges Bank (on account of the Government Pension Fund Global), Société Générale, Viridian Asia Opportunities Master Fund, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, ITI Mutual Fund, Motilal Oswal AMC, and SBI Mutual Fund.

Bulk Deals

Aarey Drugs &amp;amp; Pharmaceuticals

India Opportunities Growth Fund – Pinewood Strategy sold 1.53 lakh shares (0.54% stake) at Rs 87.76 per share, amounting to Rs 1.3 crore.

Tolins Tyres

BofA Securities Europe SA acquired 2.1 lakh shares (0.53% stake) in Tolins Tyres at Rs 189.99 per share, valued at Rs 3.98 crore.

Stock in F&amp;amp;O ban

Sammaan Capital

Stock Out of F&amp;amp;O ban

SAIL

Metals - Non Ferrous Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Metals - Non Ferrous industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

Textile, shrimp stocks rise up to 4% after Trump hints at trade deal with India soon

Metal index hits record high ahead of Trump-Xi meet; SAIL, Hind Copper rise up to 8%

Blue Dart, Adani Green, M&M Fin rise up to 12% on strong Q2 results, positive brokerage outlook

TVS Motor Company shares drop 2% after Q2 results: Should you buy, sell or hold?

Stocks to Watch Today: Shree Cement, Tata Capital, Premier Energies, Ideaforge, Star Health, Go Digit, TVS Holdings, ArisInfra, Swan Defence in focus on 29 October

Metals - Non Ferrous Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Metals - Non Ferrous industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q2 FY25-26

Stock News

Textile, shrimp stocks rise up to 4% after Trump hints at trade deal with India soon

Metal index hits record high ahead of Trump-Xi meet; SAIL, Hind Copper rise up to 8%

Blue Dart, Adani Green, M&amp;M Fin rise up to 12% on strong Q2 results, positive brokerage outlook

TVS Motor Company shares drop 2% after Q2 results: Should you buy, sell or hold?

Stocks to Watch Today: Shree Cement, Tata Capital, Premier Energies, Ideaforge, Star Health, Go Digit, TVS Holdings, ArisInfra, Swan Defence in focus on 29 October

Metals - Non Ferrous Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Metals - Non Ferrous industry stocks.

Blue Dart, Adani Green, M&M Fin rise up to 12% on strong Q2 results, positive brokerage outlook