UTI AMC's revenue for the second quarter slipped 22 per cent Y-o-Y to ₹419 crore, as against ₹538 crore
The buying on the counter came after the company's subsidiary Starmangalsutra approved a proposal to enter into a non-binding agreement to acquire a 51 per cent stake in Shri Rishab Gold
PNG is the second-largest jeweller in Maharashtra by store count. Since its IPO in Sep' 24, the company has added 24 stores to its network of 39, aiming to strengthen its presence in Maharashtra.
The company's revenue for the second quarter rose 5.2 per cent Y-o-Y to ₹4,779.33 crore, as against ₹4,539.31 crore. On a quarter-on-quarter (Q-o-Q) basis, the revenue fell 12 per cent
On the bourses at 9:20 AM, JSW Steel share price was trading 0.28 per cent lower at ₹1,159.50 per share. By comparison, BSE Sensex was trading 0.8 per cent higher at 84,620.90 levels.
UltraTech Cement's consolidated net profit jumped 75.2 per cent year-on-year (Y-o-Y) in Q2FY26 at ₹1,231.58 crore, as against ₹702.82 crore.
The NSE Nifty 50 index can potentially rally to new life-time highs around 28,300 levels in Samvat 2082, while the BSE Sensex can surge to 92,000 levels, suggest technical charts; details here.
Nuvama highlighted that Polycab posted revenue, Ebitda, and APAT growth of 18%, 62%, and 51% Y-o-Y in Q2, respectively, noting that the base in Q2FY25 was low due to volatile copper prices.
Stocks to watch on October 20: Dixon Tech, PNB and IndusInd Bank are among tother top stocks to track today.
The Nifty Bank index touched a record high of 57,828.30 on Friday, surpassing its previous peak of 57,628.40 recorded on July 2, 2025
At 12:50 PM, M&B Engineering share price was trading 2.46 per cent higher at ₹440.75 per share. By comparison, BSE Sensex was trading 0.62 per cent higher at 83,982.99 levels.
The buying on the counter came after the company acquired the remaining 24 per cent equity stake in Applied Research International Private Limited (ARIPL)
Analysts pointed to a combination of technological interventions, a diversified retail portfolio, and prudent risk management as key drivers of the quarter's performance.
The buying on the counter came after the US Food and Drug Administration (USFDA), in coordination with NOAA, approved India's Turtle Excluder Device (TED) for shrimp trawl fisheries
On the bourses, LTIMindtree share rose as much as 2.32 per cent to hit an intraday high of 5750.60 per share.
In Q2, the company's profit stood at ₹48.3 crore as compared to ₹20.24 crore a year ago, up 139 per cent
We saw the first sign long buildup on Thursday. This is indicated by an increase in Open Interest (OI) by 1 per cent, with a 0.3 per cent rise in the price
Nomura has reiterated a 'Buy' call on Eternal with a target price of ₹370 per share, as it sees an advantage for the company over peers in the quick commerce business
Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.
"Given favourable industry tailwinds from goods and services tax (GST) rate reduction, we believe the management's topline focus is prudent," Emkay noted