Key Stocks to Watch Today | 27 Oct: RIL, Kotak Bank, Dr Reddy’s, Ola Electric, Coforge

Stocks to Watch Today: RIL, Kotak Bank, Dr Reddy’s, Ola Electric, Coforge, and More

Several major companies are in focus as markets open today, including Reliance Industries, Kotak Mahindra Bank, Dr Reddy’s Laboratories, Ola Electric, Coforge, and SBI Cards. These developments come amid quarterly earnings announcements, corporate actions, and strategic updates influencing market sentiment.

Reliance Industries (RIL)

Reliance Industries is assessing the implications of new sanctions by the European Union, United Kingdom, and the United States on imports of Russian crude oil and exports of refined products to Europe. The company confirmed it would comply with EU regulations and any directions issued by the Government of India regarding product imports and exports.

Kotak Mahindra Bank

Kotak Mahindra Bank reported a 4% year-on-year growth in net interest income (NII) to ₹7,311 crore for Q2 FY26, while net profit fell 3% to ₹3,253 crore. Advances rose 16% and deposits 14.6% year-on-year. Asset quality improved marginally, provisions declined sequentially, and net interest margins (NIMs) contracted by 11 basis points. The lender has completed due diligence to acquire the government’s stake in IDBI Bank.

Ola Electric Mobility

Ola Electric’s board approved a fundraise of ₹1,500 crore through methods including equity issuance, rights issue, or qualified institutional placement (QIP). The move aims to strengthen its balance sheet and support expansion initiatives. The company’s stock continues to trade below its IPO price of ₹76.

Coforge

Coforge posted 5.9% revenue growth and an 80-basis-point improvement in EBIT margin to 14% for Q2 FY26. Order wins stood at $514 million, taking the total order book to $1.63 billion. The company expects continued momentum in the second half of FY26, with margins projected to remain stable.

Dr Reddy’s Laboratories

The Hyderabad-based pharmaceutical company reported a 7.3% year-on-year rise in net profit to ₹1,347 crore and a 9.8% increase in revenue to ₹8,828 crore for Q2 FY26. The results reflected steady operational performance and strong growth in key international markets.

SBI Cards and Payment Services

SBI Card reported a 10% increase in net profit to ₹445 crore for Q2 FY26, supported by 12.2% revenue growth to ₹4,960 crore. The company’s gross non-performing assets (GNPA) improved to 2.85% from 3.07% in the previous quarter, reflecting stronger asset quality.

Other Stocks in Focus

• Eclerx Services: Announced a ₹300 crore share buyback at ₹4,500 per share.
• Dr Lal Pathlabs: Board to meet on October 31 to consider a bonus issue and interim dividend.
• Indian Oil Corporation: Received partial tax relief of ₹1,102.91 crore for FY2016–17.
• RailTel: ₹209.78 crore order from Bihar Education Project Council was cancelled.
• IRCON International: JV received a ₹168.4 crore transmission project order from MSETCL.
• NTPC: Partnered with Engineers India Ltd to develop a Coal-to-SNG facility.
• CONCOR: Signed MoUs with Adani Cement for rail-based cement transport.

Summary

Investors will monitor these stocks to watch today as earnings season progresses and key industrial updates shape near-term market movements. Broader sentiment is expected to hinge on corporate performance, global commodity trends, and foreign investor activity.