Stocks to Watch Today, October 26: Shares of IDFC First Bank, AU Small Finance Bank, Kotak Mahindra Bank, IndusInd Bank, Infosys, BPCL, JK Cement, Tata Motors CV, KEC International, JSW Steel and other companies are likely to remain in focus on Monday following key corporate developments.
Several companies reported their Q2 FY27 results, with IDFC First Bank’s profit nearly tripling and AU Small Finance Bank posting a 53 per cent increase. Infosys and Kotak Mahindra Bank also reported profit growth, while BPCL’s earnings declined. Senco Gold’s acquisition plans, KEC International’s new orders and JSW Steel’s expansion plans are other key developments.
Stocks to Watch Today
Here’s the list of stocks to watch in today’s trading session:
| Stocks in focus | Why in focus |
| IDFC First Bank | Q2 Profit Nearly Triples to Rs 1,045 Crore |
| AU Small Finance Bank | Q2 Profit Jumps 53% to Rs 858 Crore |
| JK Cement | Q2 Profit Rises 6.31%, Revenue Jumps 23.65% |
| Kotak Mahindra Bank | Q2 Profit Jumps 26% to Rs 5,645 Crore |
| IndusInd Bank | Returns to Profit with Rs 1,242 Crore in Q2 |
| Tata Motors CV | Swings to Rs 1,257 Crore Profit, Revenue Surges 36.3% |
| SBI Funds Management | Q2 Profit Falls 6%, Revenue Grows 8.9% |
| Infosys | Q2 Profit Rises 6.2%, Revenue Grows 10.7% |
| BPCL | Q2 Profit Drops 22.5% to Rs 4,993 Crore |
| Senco Gold | To Acquire 68% Stake in Melorra Operator for Rs 68 Crore |
| Torrent Power | Karjat Project Outside Wildlife Sanctuary and Eco-Sensitive Zone |
| InterGlobe Aviation | IndiGo to Shift 12 Daily International Departures to Navi Mumbai Airport |
| NMDC | Scouting Mining Assets Across Four Continents to Diversify Beyond Iron Ore |
| KEC International | Bags Rs 2,872 Crore Orders from Power Grid |
| JK Tyre | Plans 4-5% Tyre Price Hike in October-December Quarter |
| Jupiter Wagons | Partners Poland’s PESA to Explore Passenger Train Manufacturing |
| JSW Steel | JSW Steel, JFE Steel Plan Rs 7,500 Crore Odisha Plant Expansion |
Q2 Profit Nearly Triples
IDFC First Bank reported a nearly three-fold jump in Q2 FY27 net profit to Rs 1,045 crore. Total income stood at Rs 14,218 crore, while interest income rose to Rs 11,922 crore.
Q2 Profit Jumps 53 per cent
AU Small Finance Bank’s Q2 net profit surged 53 per cent to Rs 858 crore. Total income increased to Rs 6,382 crore, while interest income reached Rs 5,612 crore.
Q2 Profit Rises 6.31 per cent
JK Cement’s consolidated net profit increased 6.31 per cent year-on-year to Rs 169.3 crore in Q2 FY27. Revenue from operations rose 23.65 per cent to Rs 3,733.42 crore.
Q2 Profit Jumps 26 per cent
Kotak Mahindra Bank reported a 26 per cent jump in consolidated Q2 net profit to Rs 5,645 crore, supported by 16 per cent growth in core net interest income and a 15 per cent decline in provisions.
Returns to Profit in Q2
IndusInd Bank reported a net profit of Rs 1,242 crore in Q2, reversing its year-ago loss. Net interest income rose 4 per cent year-on-year, while its net interest margin contracted.
Swings to Rs 1,257 Crore Profit
Tata Motors CV reported a profit of Rs 1,257 crore in Q2, against a loss of Rs 867 crore a year ago. Revenue surged 36.3 per cent to Rs 25,338 crore.
Q2 Profit Falls 6 per cent
SBI Funds Management reported a 6 per cent decline in profit to Rs 701.2 crore in Q2. Revenue increased 8.9 per cent year-on-year to Rs 1,192.7 crore.
Q2 Profit Rises 6.2 per cent
Infosys reported a 6.2 per cent year-on-year increase in profit to Rs 7,823 crore. Revenue grew 10.7 per cent to Rs 49,244 crore in the quarter.
Q2 Profit Drops 22.5 per cent
BPCL’s Q2 net profit fell 22.5 per cent to Rs 4,993 crore, primarily due to a retail fuel price freeze. EBITDA declined nearly 14 per cent despite higher revenue and strong gross refining margins.
To Acquire 68 per cent Stake in Melorra Operator
Senco Gold will acquire a 68 per cent stake in August Jewellery, which operates the Melorra brand, for Rs 68 crore. The acquisition is expected to be completed by February 2027.
Karjat Project Outside Sanctuary Zone
Torrent Power said all components of its 3,000-MW Karjat pumped storage project are outside the Bhimashankar Wildlife Sanctuary and its Eco-Sensitive Zone, with no tree felling inside.
IndiGo to Shift Flights to Navi Mumbai Airport
IndiGo will shift 12 daily international departures from Mumbai’s CSMIA to Navi Mumbai International Airport from February 2027 as it and AAHL prepare to expand international operations in phases.
NMDC
Eyes Mining Assets Across Four Continents
NMDC is scouting mining assets across four continents to diversify beyond iron ore. The company aims to generate at least 20 per cent of its revenue from other minerals.
Bags Rs 2,872 Crore Orders
KEC International secured orders worth Rs 2,872 crore from Power Grid Corporation of India for the design, supply and installation of 765 kV transmission lines.
Plans 4-5 per cent Price Hike
JK Tyre plans to increase tyre prices by 4-5 per cent in the October-December quarter, citing persistently high raw material and container freight costs.
Partners Poland’s PESA
Jupiter Wagons and Poland’s PESA signed an MoU to explore manufacturing passenger rolling stock for India’s metro, semi-high-speed and high-speed rail segments.
Rs 7,500 Crore Expansion Planned
JSW Steel and JFE Steel will invest Rs 7,500 crore to expand their Odisha joint venture plant’s capacity by 5 MTPA, taking total capacity to 9.5 MTPA by FY31.
(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.)