12 Oct , 2026 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
HCL Technologies, ICICI Prudential Asset Management Company, RBL Bank, Adroit Industries (India), Plastiblends India, Swan Defence and Heavy Industries, and Swaraj Engines will announce their quarterly earnings today.
Quarterly Earnings
Avenue Supermarts Q2 (Standalone YoY)
Profit grows 7.6% to Rs 803.6 crore Vs Rs 746.6 crore
Revenue increases 18.4% to Rs 19,206.2 crore Vs Rs 16,218.8 crore
DMart Q2 (Consolidated YoY)
Profit soars 8.5% to Rs 743.6 crore Vs Rs 685 crore
Revenue jumps 17.8% to Rs 19,644 crore Vs Rs 16,676.3 crore
Canara Robeco Asset Management Company Q2 (YoY)
Profit surges 21.5% to Rs 59.2 crore Vs Rs 48.7 crore
Revenue spikes 17% to Rs 121.6 crore Vs Rs 103.9 crore
Can Fin Homes Q2 (YoY)
Profit rises 9.2% to Rs 274.6 crore Vs Rs 251.4 crore
Net interest income grows 6.65% to Rs 431.5 crore Vs Rs 404.6 crore
Anand Rathi Wealth Q2 (Consolidated YoY)
Profit falls 10.4% to Rs 88.96 crore Vs Rs 99.26 crore
Revenue jumps 15.7% to Rs 344 crore Vs Rs 297.4 crore
Canara HSBC Life Insurance Company Q2 (YoY)
Profit increases 5.5% to Rs 43.05 crore Vs Rs 40.8 crore
Net premium income soars 13% to Rs 2,553.2 crore Vs Rs 2,259.7 crore
Poonawalla Fincorp Q2 (Consolidated YoY)
Profit spikes 5-fold to Rs 374.85 crore Vs Rs 74.2 crore
Net interest income surges 75.7% to Rs 1,589 crore Vs Rs 904.5 crore
Waterways Leisure Tourism Q2 (Consolidated YoY)
Profit stands at Rs 58.5 crore Vs loss of Rs 8.9 crore
Revenue grows 30.9% to Rs 132.9 crore Vs Rs 101.5 crore
Quarterly Business Update
Kalpataru Q2 (YoY)
Pre-sales fall 5% to Rs 1,258 crore Vs Rs 1,329 crore
Collections increase marginally to Rs 1,189 crore Vs Rs 1,182 crore
Ajmera Realty & Infra India Q2 (YoY)
Sales area falls 68% to 72,883 square feet Vs 2.29 lakh square feet
Sales value sinks 69% to Rs 224 crore Vs Rs 720 crore
Collections drop 14% to Rs 190 crore Vs Rs 220 crore
Monthly Business Update
Mahindra and Mahindra (September YoY)
Production volume surges 19.2% to 1.21 lakh units Vs 1.02 lakh units
Sales volume jumps 16.3% to 1.13 lakh units Vs 97,744 units
Export volume falls 8.5% to 4,081 units Vs 4,458 units
Stocks to Watch
Lenskart Solutions
Alpha Wave Ventures is likely to sell around 1.6 percent stake in Lenskart Solutions through block deals, with the floor price set at Rs 640 per share and the offer size at around Rs 1,691 crore, CNBC-TV18 reported, quoting sources. Alpha Wave Ventures LP and Alpha Wave Ventures II LP held a combined 4.64 percent stake in Lenskart as of June 2026.
KEC International
The company has secured new orders worth Rs 1,014 crore in its India transmission and distribution business. These include its first order for setting up a 765 kV transmission line to evacuate power from a pumped storage plant (PSP) in western India.
With these wins, its year-to-date order intake has exceeded Rs 9,600 crore.
Viviana Power Tech
Viviana Power Tech has received new turnkey contracts worth Rs 466.73 crore from its existing client, Madhya Gujarat Vij Company (MGVCL). The scope of work includes converting 11 kV overhead high-tension (HT) lines into medium-voltage covered conductor (MVCC) overhead lines and developing underground network infrastructure.
Bajel Projects
The company has secured a major EPC order worth more than Rs 200 crore from Tata Power Company for the supply and installation of 220 kV gas-insulated switchgear (GIS) substations at Salsette and Powai in Mumbai.
Shilpa Medicare
The Austrian Agency for Health and Food Safety (AGES) inspected the company's Unit 4 in Jadcherla, Telangana, from July 27 to 30, 2026. Following the inspection, the regulator issued a Good Manufacturing Practices (GMP) certificate for the unit.
The Shilpa Medicare unit manufactures, tests and distributes sterile injections and non-sterile tablets and capsules for European and other international markets.
Rubicon Research
The United States Food and Drug Administration (US FDA) conducted an unannounced inspection of the company's manufacturing facility at Additional MIDC, Satara, Maharashtra, from October 5 to 9, 2026. Following the inspection, the regulator issued a Form 483 containing one observation for the facility. The observation is procedural in nature and does not relate to data integrity.
Cohance Lifesciences
The board has approved the appointment of Abhimanyu Ojha as Chief Financial Officer and key managerial personnel of the company, effective October 12.
Ideaforge Technology
Ideaforge Technology has entered into a loan agreement with the Technology Development Board to avail a loan of Rs 151 crore in tranches for its YETI heavy-lift, long-range autonomous aerial logistics vehicle.
CSM Technologies
The company's subsidiary, CSM Tech, has secured a mandate worth approximately Rs 1.65 crore from TradeMark Africa (TMA) for the design, development and deployment of the Mozambique Transport and Trade Observatory (TTO) for the Beira Corridor.
Blue Dart Express
Blue Dart Express has signed a memorandum of understanding (MoU) with India Post to further expand its delivery reach. The collaboration will strengthen last-mile connectivity for businesses and customers across Tier III and Tier IV towns and remote locations. The expanded coverage will be introduced in phases.
Embassy Developments
Sachin Shah has resigned as CEO and Executive Director of the company, effective December 31, 2026. The board has approved the redesignation of Aditya Virwani as Managing Director and CEO, effective January 1, 2027.
Aditya Virwani currently serves as the company's Managing Director.
Persistent Systems
Persistent Systems has secured 13.35 lakh shares, representing approximately 10.79 percent of Nagarro SE's outstanding share capital, excluding treasury shares, during the additional acceptance period of the voluntary public takeover offer, which ran from September 23 to October 6, 2026.
As a result, the company has secured an aggregate shareholding of approximately 94.04 percent in Nagarro.
Meesho
Meesho's Mega Blockbuster Sale 2026 opened to strong demand across India, with orders on Day 1 rising around 75 percent year-on-year (YoY). Orders peaked at more than 75,000 per minute within just 15 minutes of the sale going live.
The number of transacting customers grew around 60 percent YoY, with strong demand across fashion, home and kitchen, beauty and personal care, kids' products, and electronic accessories.
Infosys
The company does not expect the US Department of Labor's suspension of applications under the Permanent Labor Certification (PERM) programme to have a material impact on its operations. Infosys remains committed to its employees, clients and communities across the United States and to complying with all applicable laws and regulations.
Bulk Deals
Awfis Space Solutions
Peak XV Partners Investments V sold 19.2 lakh shares, representing 2.68 percent of Awfis Space Solutions' paid-up equity, for Rs 47.04 crore at Rs 245 per share. The investment vehicle held a 3.24 percent stake in the company as of June 2026.
Meanwhile, Kritagyata Trust acquired 11.5 lakh shares, equivalent to a 1.6 percent stake in Awfis Space Solutions, for Rs 28.17 crore at Rs 244.97 per share.
Anthem Biosciences
Portsmouth Technologies LLC sold 30 lakh shares, representing 0.53 percent of the paid-up equity of contract research firm Anthem Biosciences, for Rs 249.9 crore at Rs 833 per share.
Portsmouth Technologies held a 2.73 percent stake in Anthem Biosciences as of June 2026.
GSPL Transmission
Norges Bank, on behalf of the Government Pension Fund Global, sold 19.98 lakh shares, representing a 0.63 percent stake in GSPL Transmission, for Rs 21.22 crore at Rs 106.23 per share.
GSPL Transmission was recently listed following the demerger of the gas transmission business undertaking of Gujarat State Petronet.
IC Electricals Company
Hem Growth Opportunities Fund sold 1.05 lakh shares, representing a 0.57 percent stake in IC Electricals Company, for Rs 1.2 crore at Rs 114.35 per share.
Acme India Industries
Motilal Oswal Financial Services acquired an additional 5.21 lakh shares, equivalent to a 2.22 percent stake in Acme India Industries, for Rs 11.67 crore at Rs 223.85 per share.
Separately, Pankaj Vasudeo Chhaparwal purchased 1.17 lakh shares, representing a 0.5 percent stake in the company, for Rs 2.68 crore at Rs 228.67 per share.
According to the latest shareholding pattern, Motilal Oswal Finvest already held a 1.84 percent stake in Acme India Industries.
Listing post Scheme of Arrangement
Triveni Power Transmission
SME Listing
R K Fashion Accessories
Stock Trades Ex-Date for Bonus
JOJO
Stocks in F&O Ban
Ambuja Cements
Bandhan Bank
LIC Housing Finance
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