Today's selling in SRF was seen despite the company reporting a 31 per cent Y-o-Y increase in consolidated net profit to ₹509.12 crore for the quarter ended September.
For the September quarter, IGIL reported a consolidated PAT of ₹185.8 crore, up 43 per cent Y-o-Y, on healthy demand and strong operational execution.
Mahindra Finance's share price hit a 52-week low of ₹268 on the NSE in Thursday's trading session despite reporting 55% surge in Q2 standalone profit to ₹882 crore.
Indian Hotels' Q2 consolidated profit rose 23 per cent to ₹349 crore, while its revenue saw a 21 per cent year-on-year (YoY) growth to ₹2,566 crore.
On the BSE, the stock listed at ₹292, a premium of 1.04 per cent, while on the NSE, the stock made its debut at ₹305, a premium of 5.54 per cent.
Nandish Shah of HDFC Securities reckons that both the Nifty PSU Bank and Nifty Private Bank indices look strong on charts, with the bias more favourable for the former index.
PC Jeweller has announced plans to roll out up to 100 large-format showrooms across Tier I, Tier II and Tier III cities over the next 12-18 months.
The net profit of Eternal for the second quarter of financial year 2026-27 (Q2FY27) rose 92 per cent year-on-year (Y-o-Y) to ₹125 crore, compared to ₹65 crore in Q2FY26.
After a sharp run-up, valuations in parts of the SMID segment already factor in several years of strong growth, cautioned Venugopal Manghat, CIO at HSBC Mutual Fund.
Stocks to watch today: BEL, Swiggy, Eternal, IHCL, PC Jeweller, RBL Bank, SRF, Nestle India, Zydus Wellness, Persistent Systems, Adani Green Energy, Aye Finance, among others, will be in focus today
The daily momentum indicator has a positive crossover; however, failure to hold the crucial support zone of 22850-22820 is a concern.
Stocks to buy today: The 22,200-22,400 zone is the next key support area, while the 23,000-23,300 zone is likely to cap the upside during any recovery.
Analysts attribute the strong performance of recent IPOs to investor preference for niche and differentiated businesses, backed by healthy growth expectations and high entry barriers in some segments.
Jefferies said that Hindustan Zinc trades below the long-term average EV/Ebitda and that recovery in silver price would be key for stock performance.
VK Vijayakumar of Geojit Investments said that elevated Brent crude prices and US bond yields are keeping markets under pressure.
Vishal Mega Mart Q2 results: The company has reported a consolidated net profit of ₹157.9 crore in Q2, up 3.7 per cent on a Y-o-Y basis. Its profit margin contracted to 4.6 per cent in the quarter.
Paras Healthcare IPO bidding opened for subscription on Oct 21, 2026 and will close on Oct 23, 2026.
For Q2FY27, Just Dial reported a 9.73 per cent Y-o-Y decline in its consolidated net profit to ₹107.8 crore, and Ebitda margin contracted 228bps to 26.4 per cent.
UltraTech Cement's consolidated net profit attributable to owners of the parent rose 21.3 per cent year-on-year to ₹1,493.77 crore in the quarter ended September 30, 2026, from ₹1,231.58 crore.
On the BSE, the stock listed at ₹334, a premium of 23.39 per cent, while on the NSE, the stock made its debut at ₹335, a premium of 23.62 per cent.