Stocks to Watch Today, 07 Nov: Apollo, Lupin, ABB, and Bharti Airtel in Focus

Stocks to Watch Today, 07 November: Major Earnings, Corporate Deals, and Dividends in Focus

The share market today will likely see stock-specific movement as investors digest another round of Q2 FY26 earnings across healthcare, engineering, financials, and industrial sectors. Companies such as Apollo Hospitals, Lupin, Cummins India, NHPC, and Aarti Industries reported strong profit growth, while others like Crompton Greaves and Mankind Pharma faced margin pressures.

Meanwhile, Bharti Airtel, TVS Motor, Rail Vikas Nigam, and NBCC India will be in focus following key corporate announcements and deal activity.

Top Q2 FY26 Earnings Highlights

Apollo Hospitals Enterprise

• Profit: ₹494 crore, up 24.8% YoY
• Revenue: ₹6,303 crore, up 12.8% YoY
  Growth was led by the healthcare and digital health divisions, supported by strong hospital occupancy and pharmacy sales.

Lupin Ltd

• Profit: ₹1,478 crore, up 73.3% YoY
• Revenue: ₹7,047 crore, up 24.2% YoY
  Lupin delivered strong growth backed by robust US sales and cost optimization.

Cummins India

• Profit: ₹622 crore, up 38.5% YoY
• Revenue: ₹3,170 crore, up 26.4% YoY
  Demand across domestic and export markets drove strong top-line performance.

NHPC Ltd

• Profit: ₹1,021 crore, up 13.5% YoY
• Revenue: ₹3,365 crore, up 10.3% YoY
  EBITDA margin improved to 60.2%, reflecting higher generation and efficient cost control.

Aarti Industries

• Profit: ₹106 crore, up 104% YoY
• Revenue: ₹2,100 crore, up 29% YoY
  The company saw improved margins on the back of higher realizations in specialty chemicals.

Mankind Pharma

• Profit: ₹512 crore, down 22% YoY
• Revenue: ₹3,697 crore, up 20.8% YoY
  Despite strong sales growth, higher raw material and marketing costs impacted margins.

Crompton Greaves Consumer Electricals

• Profit: ₹71 crore, down 43% YoY
• Revenue: ₹1,916 crore, up 1% YoY
  Margins contracted due to cost inflation and pricing pressure in appliances.

Amara Raja Energy & Mobility

• Profit: ₹276 crore, up 17.4% YoY
• Revenue: ₹3,467 crore, up 6.7% YoY
  EBITDA declined 13.6%, but the company declared an interim dividend of ₹5.40 per share.

Aster DM Healthcare

• Profit: ₹110 crore, up 13.6% YoY
• Revenue: ₹1,197 crore, up 10.2% YoY
  Consistent growth from GCC and India operations supported performance.

ABB India

• Profit: ₹409 crore, down 7.2% YoY
• Revenue: ₹3,310 crore, up 13.7% YoY
  Strong growth in electrification and automation segments offset some margin pressure.

Bajaj Housing Finance

• Profit: ₹643 crore, up 17.8% YoY
• Revenue: ₹2,755 crore, up 14.3% YoY
  Net interest income rose sharply 34% YoY to ₹957 crore, with stable asset quality.

Genus Power Infrastructures

• Profit: ₹143 crore, up 72% YoY
• Revenue: ₹1,149 crore, up 136% YoY, driven by smart metering demand.

Paradeep Phosphates

• Profit: ₹342 crore, up 34% YoY
• Revenue: ₹6,872 crore, up 49% YoY
  The fertilizer firm saw resilient demand and announced strong quarterly results.

Corporate Announcements and Stocks in Focus

Bharti Airtel

According to CNBC-TV18, Singtel is likely to sell a 0.8% stake in Bharti Airtel through a block deal worth ₹10,300 crore, at a floor price of ₹2,030 per share.

TVS Motor Company

The automaker finalized share purchase agreements to sell its stake in Roppen Transportation Services (Rapido) for ₹288 crore, exiting Series D preference shares and equity.

Rail Vikas Nigam (RVNL)

The company emerged as the lowest bidder for a ₹272 crore contract from Central Railway to design and commission traction substations and power systems across the Daund–Solapur route.

NBCC India

NBCC signed a strategic MoU with Goldfields Commercials (Australia) to collaborate on real estate, housing, and infrastructure projects in Australia.

Maruti Suzuki India

The NCLT approved the amalgamation of Suzuki Motor Gujarat with Maruti Suzuki India, simplifying the company’s manufacturing structure.

Bulk and Block Deals

RBL Bank

• Seller: Mahindra & Mahindra
• Transaction: Sold 2.11 crore shares (3.45%) at ₹320.65 per share, worth ₹678 crore.
• Buyers: Global investors such as Abu Dhabi Investment Authority, Goldman Sachs, Citi Global, and domestic funds like SBI Mutual Fund and Kotak MF.

Ather Energy

• Seller: Tiger Global’s Internet Fund III
• Deal Size: ₹1,204 crore
• Details: Sold its entire 5.09% stake, exiting the company through share sales between ₹620–₹624 per share.

Orkla India

• Buyer: Nippon India Mutual Fund
• Stake Acquired: 4.54% (62.22 lakh shares)
• Value: ₹459.2 crore at ₹737.96 per share.

Dhariwalcorp & Essen Speciality Films

• Buyer: GreenX Wealth Multi Horizons Opportunity Fund
• Acquired 2.18 lakh shares in Dhariwalcorp and 1.25 lakh shares in Essen Speciality Films for a combined value of over ₹7.9 crore.

New Listings and Corporate Actions

• Mainboard Listing: Studds Accessories
• Ex-Dividend Stocks:
  Hindustan Unilever, Godrej Consumer Products, BPCL, Dabur India, NTPC, Shriram Finance, CAMS, and Manappuram Finance.
• Ex-Rights Date: Annvrridhhi Ventures
• REIT Income Distribution Ex-Date: Brookfield India REIT, Embassy Office Parks REIT, and Mindspace Business Parks REIT.

Upcoming Results to Watch

Companies announcing results today (Nov 7) include:

• Bajaj Auto, Hindalco Industries, Nykaa, JSW Cement, Petronet LNG, Power Finance Corp, Kalyan Jewellers, and Torrent Pharmaceuticals.

Results on Nov 8 will feature Greenlam Industries, Karnataka Bank, Poly Medicure, and Voltamp Transformers.

Market Overview

Earnings season continues to drive the share market today, with mixed results across sectors.
Healthcare and manufacturing companies like Apollo Hospitals, Lupin, and Cummins India showed robust growth, while consumer-facing firms such as Crompton Greaves and Mankind Pharma faced margin headwinds.

Corporate actions, including the Singtel–Airtel stake sale and RBL Bank block deal, are expected to influence large-cap movement. Additionally, new listings and ex-dividend trades could shape short-term sectoral momentum.

Summary

The stocks to watch today include Apollo Hospitals, Lupin, Cummins India, Bharti Airtel, TVS Motor, NBCC India, and RVNL, alongside dividend and bulk deal plays such as Ather Energy, RBL Bank, and Orkla India. Investors will track Q2 results and corporate developments shaping the market direction this week.