Stocks to Watch Today: IDBI Bank, CEAT, BHEL, Reliance Industries, Tata Tech, Bank of Baroda, ICICI Lombard, More in Focus on October 15 – Markets

Stocks to Watch Today, October 15: Shares of IDBI Bank, CEAT, Reliance Industries, ICICI Lombard General Insurance and Bharat Heavy Electricals Ltd (BHEL) are likely to remain in focus on Thursday, October 15, following key corporate developments and second-quarter results.

The Union Cabinet has approved the sale of a 60.72 per cent stake in IDBI Bank for Rs 52,878 crore, while CEAT reported a decline in quarterly profit and announced plans to raise tyre prices. Meanwhile, Jio Platforms’ IPO timeline, earnings updates from Bajaj Consumer Care and HDB Financial Services, and new business partnerships involving GMR Airports and Larsen & Toubro are among the other key triggers for investors.

Stocks to Watch Today

Here’s the list of stocks to watch in today’s trading session:

Centre Approves 60.72% Stake Sale for Rs 52,878 Crore

The Union Cabinet has approved the sale of a 60.72 per cent stake in IDBI Bank for Rs 52,878 crore to Canada Inc., whose parent is Fairfax Financial Holdings.

CEAT

Q2 Profit Falls 40%; Company Plans 4-6% Price Hike

Tyre maker CEAT plans to raise prices across categories by 4-6 per cent this quarter to offset higher raw material costs. Q2 net profit fell 39.6 per cent to Rs 112 crore, while revenue rose 26.2 per cent to Rs 4,762 crore.

Signs Logistics Pact with Aramex

GMR Airports has signed an initial agreement with Aramex to strengthen logistics capabilities across its operated airports and facilitate the seamless movement of international shipments for MSMEs.

Q2 Net Profit Drops 44%; Revenue Rises 5.74%

Hathway Cable & Datacom reported a 44.3 per cent year-on-year decline in consolidated Q2 FY27 net profit to Rs 10.16 crore, while revenue from operations rose 5.74 per cent to Rs 567.51 crore.

Bajaj Consumer Care reported a 65.9 per cent year-on-year jump in consolidated Q2 net profit to Rs 70.15 crore. Revenue from the sale of goods rose 27.26 per cent to Rs 332.69 crore.

ICICI Lombard General Insurance

Q2 Profit Rises 15%; Declares Rs 7 Interim Dividend

ICICI Lombard General Insurance reported a 15 per cent rise in Q2 net profit to Rs 946 crore. Total income increased to Rs 7,844 crore, and the company declared an interim dividend of Rs 7 per share.

Q2 Net Profit Rises 3.6%; CEO Sees Double-Digit Growth

Tata Technologies reported a 3.6 per cent increase in Q2 net profit to Rs 171.44 crore, supported by revenue growth and automotive demand. Its CEO expects double-digit growth and further hiring.

Jio Platforms IPO to Open on October 21

Reliance Industries will remain in focus after Jio Platforms filed its Red Herring Prospectus. The IPO will open on October 21 and close on October 23, with anchor investor bidding scheduled for October 19.

Denies Lawsuit Claims in USD 15 Billion Damages Case

Bank of Baroda has denied being served a lawsuit by UAE-based businessman Bavaguthu Raghuram Shetty, who is reportedly seeking USD 15 billion in damages over the collapse of his group.

Q2 Profit Jumps 34% to Rs 780 Crore

HDB Financial Services reported a 34.2 per cent year-on-year increase in Q2 FY27 profit after tax to Rs 780 crore, supported by higher loan demand and a 2.5 per cent decline in loan losses and provisions.

Signs Pact with IIT Madras-Incubated TuTr Hyperloop

Larsen & Toubro has partnered with IIT Madras-incubated deep-tech mobility start-up TuTr Hyperloop to explore next-generation mobility technologies and related infrastructure opportunities in India.

BHEL

Q2 Net Profit More Than Doubles to Rs 821 Crore

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)