Bhel's Q2FY27 profit surged 119 per cent year-on-year as revenue growth and margin gains beat estimates, while a Rs 2.6 trillion order book supports future growth prospects
Hotels were impacted in Q1 by the US-Iran conflict; however, analysts at Axis Securities expect a strong Q2, supported by improving metro demand and the BRICS Summit.
For the July-September quarter, TIPS Music reported a 23 per cent Y-o-Y increase in the profit after tax (PAT) at ₹65.5 crore.
The stock price of DMart dipped 1.5% to ₹3,322.90 on Friday, quoting at its lowest level since March 2023. The stock slipped 9% in the past seven trading days.
Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers than for exchanges.
Axis Bank Q2 results preview: The net interest margin may come under pressure in Q2FY27 due to elevated FCNR(B) deposit mobilisation, with analysts projecting a sequential decline of 7-12 bps.
The bank is slated to post its September quarter earnings this Saturday (October 17) along with several other leading private banking names.
In Q2FY27, demand remained healthy despite the elevated gold price (up 28% YoY) supported by festive demand, premiumisation and continued market share gains by organised players, analysts said.
At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS surged up to 7% amid Q2 earnings cheer.
Cyient DLM's Q2 earnings showed that execution was slightly impacted by supply chain lead times and margins were softer while the order book was strong.
Analysts said that Nestle India's sales growth is expected to be optically lower in H2FY27 vs H1FY27, which is more due to the base effect and not led by any deterioration in the fundamentals.
Wipro's net profit fell 1.4 per cent year-on-year to ₹3,201 crore in the second quarter of financial year 2027.
Nandish Shah of HDFC Securities expects the 22,776-22,800 resistance band to now act as immediate support, and sees near resistance in the 23,100-23,150 range.
VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.
VWAP is a concept that gives the average price a security has traded at throughout the day based on both volume and price.
Thus far in the calendar year 2026, Aeroflex Industries stock outperformed the market by zooming 169%, as compared to a 13% fall in the BSE Sensex.
Indian Bank reported a near 15% YoY growth in net profit, while Uco Bank and South Indian Bank posted 26.8% and 21.3% profit growth in Q2FY27.
Sky Gold and Diamonds' share price hit a new high of ₹1,021.95, surging 6% on the BSE in Thursday's intraday trade.
Nestle India on Thursday reported a 36.3% YoY growth in Q2FY27 net profit at ₹1,026.70 crore, backed by a 20.5% YoY surge in sales to ₹6,782.17 crore.
Thus far in 2026, Bharti Airtel stock underperformed and was down 12%.