Stocks to watch on November 11 include Cochin Shipyard, MRF, Olectra Greentech and Whirlpool, which reported their Q2 results. Bank of Baroda revised …
1/7Cochin Shipyard : The state-owned shipbuilder reported a nearly 50% decline in consolidated net profit for Q2 FY27, even as revenue rose 12%. The company also declared an interim dividend of ₹3 per share.
2/7MRF Ltd. reported a 13% drop in net profit to ₹417 crore for the September quarter despite a 17.4% rise in revenue. The board declared an interim dividend of ₹3 per share.
3/7Olectra Greentech | The firm reported a 6.8% year-on-year (YoY) increase in net profit to ₹52.93 crore for the second quarter of FY27, compared with ₹49.54 crore in the corresponding quarter last year. Revenue rose 4.6% YoY to ₹687 crore from ₹657 crore, while EBITDA increased 2.5% to ₹91.7 crore against ₹89.5 crore a year ago. EBITDA margin, however, contracted to 13.4% from 13.6% in the year-ago period.
4/7Whirlpool | The firm reported a 39% year-on-year (YoY) decline in net profit to ₹25 crore for the second quarter of FY27, compared with ₹41 crore in the corresponding quarter last year. Revenue, however, increased 13.7% YoY to ₹1,873 crore from ₹1,647 crore. EBITDA declined 31% to ₹40 crore against ₹58 crore a year ago, while EBITDA margin contracted to 2.13% from 3.5% in the year-ago period.
5/7BHEL | The firm said the Telangana Commercial Tax Department has dropped a demand order of ₹207.26 crore pertaining to the financial year 2022-23.
6/7Bank of Baroda | The bank has increased its Marginal Cost of Funds Based Lending Rate (MCLR) across four tenures, with the revised rates coming into effect from November 12, 2026. According to the bank’s regulatory filing dated November 9, the one-month MCLR has been raised by 5 basis points (bps) to 8% from 7.95%, while the three-month and six-month rates have been increased by 20 bps each to 8.50% and 8.70%, respectively.
7/7Jyothy Labs | The firm has increased its buyback price by 11.6% to ₹240 per share from ₹215 earlier, while reducing the maximum number of shares to be repurchased to 61.25 lakh from 68.37 lakh. Under the revised terms, the company will buy back up to 61.25 lakh fully paid-up equity shares of face value ₹1 each, representing 1.67% of its total paid-up equity share capital, through the tender offer route on a proportionate basis.