Stocks to Watch Today, 13 November: Key Q2 Results, Corporate Deals, and Market Highlights
The share market today is expected to open with stock-specific moves as major companies announced September quarter (Q2 FY26) results showing mixed trends across sectors. While Tata Steel, Prestige Estates, and Lloyds Metals posted robust earnings growth, others such as Cochin Shipyard, Deepak Nitrite, and HG Infra saw profits decline.
Key developments also include State Bank of India’s stake purchase in CareEdge, Cosmo First’s JV with Filmax Corporation, and several significant block and bulk deals involving institutions like Morgan Stanley and BNP Paribas.
Q2 FY26 Earnings Highlights
Company | Net Profit (YoY) | Revenue (YoY) | Key Highlights |
₹3,183 crore +319% | ₹58,689 crore +8.9% | Strong global steel demand; EBITDA margin expanded to 15.2%. | |
₹572.3 crore +90% | ₹3,651 crore +154% | EBITDA up 153% YoY; margins at 28.5%. | |
₹430 crore +124% | ₹2,431 crore +5.5% | Margin expansion to 37.4% boosted profitability. | |
₹342 crore +11% | ₹1,146 crore +7.7% | Interim dividend of ₹5 per share; steady growth in catering and ticketing. | |
₹189 crore +19.4% | ₹642.3 crore +9.1% | Margin improvement to 35.8%; strong sales performance. | |
₹885 crore (one-time gain) | ₹526.5 crore +65% | Boost from revaluation of Nodwin Gaming stake. | |
₹222 crore +9.5% | ₹3,582 crore +22.7% | Margins steady at 13.3%; healthy volume growth. | |
₹118.7 crore -39% | ₹1,901.9 crore -6.4% | Margin contraction due to chemical price normalization. | |
₹107.5 crore -43% | ₹1,118.5 crore -2.2% | Declared interim dividend of ₹4 per share. | |
₹215.7 crore +158.5% | ₹1,127 crore -21% | Gains supported by exceptional income of ₹163 crore. | |
₹372 crore +4.5% QoQ | ₹4,022 crore +2.8% | Margins at 11% due to higher input costs. |
Earnings Overview: Key Sector Trends
Metals and Infrastructure
- Tata Steel outperformed with a 319% YoY profit surge on strong operational efficiency and lower tax expenses.
- Lloyds Metals and Prestige Estates reported robust double-digit profit growth, underscoring resilience in metal and real estate sectors.
- Ircon International and HG Infra Engineering, however, reported profit declines amid margin pressures and subdued project execution.
Energy and Power
- Endurance Technologies recorded steady growth, driven by improved volumes in both domestic and export markets.
- Deepak Nitrite witnessed earnings pressure due to normalization in chemical prices.
- Indraprastha Gas saw modest sequential gains, though margins weakened.
Consumer and Pharma
- Pfizer India delivered strong profitability on the back of efficient cost control and robust sales.
- Nazara Technologies posted extraordinary earnings aided by a one-time gain on stake revaluation, offsetting operational headwinds in gaming regulation.
- IRCTC continued its growth trajectory in both ticketing and catering operations, declaring a ₹5 interim dividend.
Corporate Developments
State Bank of India (SBI)
The bank signed a non-binding term sheet with Care Ratings to purchase a 9.9% stake (29.7 lakh shares) in CareEdge Global IFSC (CGIL), strengthening its presence in financial data and credit analytics.
Cosmo First
Entered into a 50:50 joint venture with South Korea’s Filmax Corporation to expand into global films and specialty chemicals markets. The JV aims to leverage Cosmo’s international reach to distribute Filmax’s product portfolio worldwide.
Vedanta Ltd
The government raised objections to Vedanta’s proposed demerger, citing pending claims of ₹16,700 crore and alleged non-disclosure of liabilities. The NCLT has reserved its verdict, while officials flagged concerns over asset coverage and litigation exposure.
Block and Bulk Deals
Company | Investor / Seller | Transaction Details |
Morgan Stanley Asia | Bought 5.09 lakh shares at ₹975.4/share worth ₹49.7 crore from UBS AG. | |
Morgan Stanley Asia | Bought 3.52 lakh shares at ₹1,305.2/share worth ₹46 crore. | |
Morgan Stanley Asia | Acquired 4.62 lakh shares worth ₹28.5 crore from UBS AG. | |
Société Générale | Purchased 92,289 shares at ₹1,095.4/share worth ₹10.1 crore. | |
Société Générale | Bought 1.14 lakh shares at ₹953.3/share worth ₹10.9 crore. | |
BNP Paribas Financial Markets | Acquired 24,722 shares worth ₹10.1 crore. | |
BNP Paribas | Bought 14.91 lakh shares at ₹122/share worth ₹18.2 crore. | |
Namo eWaste & Sahasra Electronics | Varanium Capital Advisors | Purchased shares worth ₹12.2 crore combined across both firms. |
Upcoming Q2 Results Today
Companies scheduled to release their earnings on 13 November include:
Hero MotoCorp, Eicher Motors, LG Electronics India, Alkem Labs, Ipca Labs, Voltas, Apollo Tyres, Bharat Dynamics, Jubilant FoodWorks, NBCC (India), Page Industries, Orkla India, and TVS Supply Chain Solutions.
Market Actions and Listings
- SME Listing: Finbud Financial Services debuts today.
- Stocks Trading Ex-Dividend: ADF Foods, Amara Raja Energy, Great Eastern Shipping, Patanjali Foods, Sasken Technologies, Kriti Nutrients.
- REIT Income Distribution: Knowledge Realty Trust trades ex-date today.
- F&O Ban List: SAIL remains under restriction for exceeding 95% position limits.
Market Outlook
The share market today may see mixed sentiment as investors digest quarterly results and corporate developments. The focus remains on earnings momentum in metals, infrastructure, and consumer sectors.
Tata Steel, Lloyds Metals, and Prestige Estates may remain in focus for their strong Q2 performances, while Deepak Nitrite, Cochin Shipyard, and SpiceJet could see pressure following weaker numbers.
Broader interest may also center on SBI’s strategic investment, Vedanta’s regulatory developments, and institutional block trades by global investors.
Summary
The stocks to watch today include Tata Steel, IRCTC, Lloyds Metals, Prestige Estates, Pfizer, and Endurance Technologies, alongside SBI, Cosmo First, and Vedanta for key corporate developments. Market participants will also track earnings announcements from Hero MotoCorp, Eicher Motors, and Alkem Laboratories as Q2 season continues to guide investor sentiment.
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