Let’s catch up on the latest developments from Dalal Street. From major quarterly results to new deals, appointments, and order wins — here’s a quick look at the stocks likely to be in focus in today’s trade.
🧾 Results Scheduled for Today
Companies announcing their quarterly earnings include Shree Cement, Tata Capital, TVS Motor Company, Mahindra & Mahindra Financial Services, Aditya Birla Real Estate, Adani Green Energy, Adani Total Gas, Blue Dart Express, Computer Age Management Services, CarTrade Tech, CreditAccess Grameen, Happiest Minds Technologies, ICRA, Jindal Steel, Novartis India, Premier Energies, Samhi Hotels, Star Health and Allied Insurance Company, Sundram Fasteners, and TTK Prestige.
💹 Quarterly Earnings Highlights
Indus Towers (Q2 YoY)
- Profit down 17.3% to ₹1,839.3 crore vs ₹2,223.5 crore
- Revenue up 9.7% to ₹8,188.2 crore vs ₹7,465.3 crore
- Other income declined 27.2% to ₹82.9 crore
Indian Oil Corporation (Q2 YoY)
- Profit at ₹7,817.6 crore vs loss of ₹169.6 crore
- Revenue up 2.1% to ₹1.78 lakh crore
PNB Housing Finance (Q2 YoY)
- Profit up 32.8% to ₹626.5 crore
- Revenue up 16.1% to ₹2,167.9 crore
Mazagon Dock Shipbuilders (Q2 YoY)
- Profit up 28.1% to ₹749.5 crore
- Revenue up 6.3% to ₹2,929.2 crore
- Interim dividend declared at ₹6 per share
Raymond (Q2 YoY)
- Profit down 76.5% to ₹13.9 crore
- Revenue up 11.4% to ₹527.7 crore
KFin Technologies (Q2 YoY)
- Profit up 4.5% to ₹93.3 crore
- Revenue up 10.3% to ₹309.2 crore
Jubilant Ingrevia (Q2 YoY)
- Profit up 17.7% to ₹69.5 crore
- Revenue up 7.2% to ₹1,120.7 crore
Canara Robeco AMC (Q2 YoY)
- Profit down 2.7% to ₹48.7 crore
- Revenue up 3% to ₹107.7 crore
PDS (Q2 YoY)
- Profit down 55.5% to ₹30 crore
- Revenue up 3.4% to ₹3,419.2 crore
Tamilnad Mercantile Bank (Q2 YoY)
- Profit up 4.7% to ₹317.5 crore
- Gross NPA down to 1.01% (vs 1.22% QoQ)
- Net NPA down to 0.26% (vs 0.33% QoQ)
Sai Silks (Kalamandir) (Q2 YoY)
- Profit up 68.6% to ₹40.1 crore
- Revenue up 27.9% to ₹444.3 crore
Bata India (Q2 YoY)
- Profit down 73.3% to ₹13.9 crore
- Revenue down 4.3% to ₹801.3 crore
JK Tyre & Industries (Q2 YoY)
- Profit up 64% to ₹221.4 crore
- Revenue up 10.8% to ₹4,011.3 crore
Adani Energy Solutions (Q2 YoY)
- Profit down 20.9% to ₹534 crore
- Revenue up 6.7% to ₹6,595.8 crore
Sona BLW Precision Forgings (Q2 YoY)
- Profit up 20% to ₹172.8 crore
- Revenue up 23.4% to ₹1,138.3 crore
Mahindra Logistics (Q2 YoY)
- Net loss narrows to ₹10.4 crore
- Revenue up 10.8% to ₹1,685.3 crore
🔍 Stocks to Watch
Aditya Birla Capital:
Jomei Investments may sell up to a 2% stake via block deals at a floor price of ₹304.55 per share (CNBC-TV18).
Dilip Buildcon:
Declared L1 bidder for a road project worth ₹879.3 crore by NHAI in Tamil Nadu.
NTPC Green Energy:
Signed an MoU with Paradip Port Authority to develop green hydrogen mobility projects and explore hydrogen-based derivatives.
Epack Prefab Technologies:
Received purchase orders worth ₹139.61 crore from JK Cement, Technical Associates Transformers, and CG Power.
Rail Vikas Nigam (RVNL):
Emerges as L1 bidder for a ₹165.5 crore bridge project from North Eastern Railway.
Sanofi India:
Appointed Deepak Arora as MD for three years (effective Oct 27).
Rachid Ayari steps down as interim MD but continues as Whole-time Director & CFO.
ITC:
Board to meet on October 30 to consider voluntary delisting from The Calcutta Stock Exchange.
Tata Chemicals:
Kenya’s Court of Appeal rules in favor of Tata Chemicals Magadi (TCML), declaring a ₹783 crore land tax demand by the local government arbitrary and illegal.
Reliance Industries (Jio):
Added 32.5 lakh new subscribers in September (vs 19.5 lakh in August).
Bharti Airtel:
Added 4.37 lakh subscribers in September (vs 4.96 lakh in August).
Vodafone Idea:
Lost 7.44 lakh subscribers in September (vs loss of 3.08 lakh in August).
💼 Bulk Deals
Dhani Services:
Goldman Sachs Bank Europe SE acquired 41.14 lakh shares (0.62%) at ₹51.26 per share, worth ₹21.09 crore.
Utkarsh Small Finance Bank:
Olympus ACF sold 64.1 lakh rights shares at ₹3.53 per share, valued at ₹2.26 crore.
Ekansh Concepts:
Durva Infratech LLP bought 3.96 lakh shares at ₹227.05 per share for ₹9.01 crore, while Carron Investments offloaded 3.37 lakh shares at the same price.
📅 Other Key Updates
- Stocks trading ex-date for amalgamation: Dhani Services, Indiabulls Enterprises
- Stock trading ex-date for split: KSE
- F&O ban list: SAIL, Sammaan Capital
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research or consult a certified financial advisor before making any investment decisions.
