Stocks to Watch Today, 12 November: Key Earnings, Dividends, and Market Actions
The share market today is likely to witness stock-specific activity as companies across sectors reported their Q2 FY26 earnings, showcasing a mix of profit growth, margin pressures, and expansion plans. Key results came from Tata Power, Torrent Power, Rail Vikas Nigam (RVNL), CONCOR, and Gujarat Fluorochemicals, alongside dividend announcements and new market listings.
Additionally, Tata Motors Commercial Vehicles’ market debut, bulk deals in HFCL, and fresh SME listings are expected to shape investor sentiment in Wednesday’s trading session.
Top Q2 FY26 Earnings Highlights
Company | Net Profit (YoY) | Revenue (YoY) | Key Highlights |
₹919.4 crore -0.7% | ₹15,544 crore -1% | Margins narrowed to 21.2%; proposed ₹1,572 crore SPV investment. | |
₹723.7 crore +50.5% | ₹7,876 crore +9.8% | Growth driven by merchant power sales and LNG trading. | |
₹179 crore +47.9% | ₹1,210 crore +1.9% | Strong chemical demand; margins improved to 30%. | |
₹378.7 crore +3.6% | ₹2,354.5 crore +2.9% | Declared ₹2.60 interim dividend for FY26; steady logistics growth. | |
₹230.3 crore -19.7% | ₹5,123 crore +5.5% | Margin pressure due to higher project execution costs. | |
₹409.3 crore -19.5% | ₹1,872.3 crore -15.7% | Beat market estimates with higher-than-expected EBITDA. | |
₹242.4 crore -15.8% | ₹5,032 crore +4.7% | Margins contracted to 2.7% amid cost inflation. | |
₹191.2 crore +30.8% | ₹5,458.7 crore +11.7% | Improved contract mix boosted operational efficiency. | |
₹73.3 crore +25.4% | ₹1,312.9 crore +9.2% | Strong growth from Vietnam and Indonesia operations. | |
₹113.7 crore -12.4% | ₹597.9 crore +1.5% | Margins fell to 25.8% on cost pressures. | |
₹4.1 crore -96% | ₹9,791 crore -27% | Axis Max Life underperformance impacted consolidated results. |
Key Earnings Announcements
Tata Power
The company reported a slight decline in profit to ₹919.4 crore for Q2 FY26, with revenue slipping marginally by 1%.
- EBITDA fell 11.8% YoY to ₹3,302 crore, reflecting margin pressure at 21.2%.
- The firm also announced plans to acquire a 40% stake in a Special Purpose Vehicle (SPV) for ₹1,572 crore.
Torrent Power
Delivered a strong quarter with net profit up 50.5% YoY to ₹723.7 crore, supported by higher merchant power and LNG trading income.
EBITDA rose 24.8% to ₹1,506 crore, and margins improved to 19.1%.
Gujarat Fluorochemicals
Profit surged nearly 48% YoY to ₹179 crore, aided by growth in the specialty chemicals segment.
Margins improved to 30% from 24.8%, showing improved operating leverage.
CONCOR (Container Corporation of India)
Reported steady growth with a 3.6% YoY rise in profit to ₹378.7 crore.
- Revenue increased to ₹2,354.5 crore.
- Declared an interim dividend of ₹2.60 per share for FY26.
Rail Vikas Nigam Ltd (RVNL)
Profit declined 19.7% YoY to ₹230.3 crore despite a 5.5% increase in revenue to ₹5,123 crore.
Operating margins fell to 4.2% from 5.6%, mainly due to higher execution costs.
PI Industries
Revenue declined 15.7% YoY, and net profit fell 19.5% to ₹409.3 crore, though results beat analyst expectations with EBITDA exceeding projections.
Godrej Industries
Q2 profit fell 15.8% YoY to ₹242.4 crore.
EBITDA declined sharply by 76.5% to ₹134.7 crore due to margin pressure in key business segments.
Additional Results from Broader Market
Profit up 61% to ₹558.4 crore; revenue up 44%. | |
Profit up 19% to ₹207.8 crore; revenue up 8.4%. | |
Profit down 39% to ₹119.7 crore; revenue down 5.4%. | |
Profit up 27.4% to ₹162.5 crore; revenue up 30%. | |
Profit up 17.1% to ₹209.5 crore; revenue up 63.4%. | |
Profit up 72.4% to ₹35 crore; revenue up 43%. | |
Profit up 15.6% to ₹79.8 crore; revenue up 15.2%. | |
Profit down 58.7% to ₹16 crore; revenue up 25.5%. |
Stocks in Focus
Tata Motors
The newly formed Tata Motors Commercial Vehicles (TMLCV) division lists today, November 12, following the demerger. Trading will begin on both NSE and BSE.
HFCL
Kotak Mahindra Mutual Fund acquired 74.9 lakh shares (0.5% stake) at ₹78.45 per share, worth ₹58.8 crore, signaling strong institutional interest.
Annapurna Swadisht & Jay Bee Laminations
Varanium Capital Advisors purchased stakes worth ₹6.29 crore and ₹1.96 crore in these companies, respectively, as part of its small-cap investment strategy.
Market Actions and Corporate Announcements
- Mainboard Listing: Billionbrains Garage Ventures (Groww)
- SME Listing: Shreeji Global FMCG
- Stocks Trading Ex-Dividend Today: Gujarat Pipavav Port, Symphony, Kaveri Seed, Sagility, and Elitecon International.
- Stock Trades Ex-Date for Amalgamation: Allcargo Gati
- Stock Trades Ex-Date for Spin-Off: Allcargo Logistics
- InvIT Income Distribution Ex-Date: Indus Infra Trust
Stocks Under F&O Ban
- SAIL (Steel Authority of India Ltd) remains in the F&O ban list, having crossed the 95% market-wide position limit.
Results to Watch Today
Earnings lined up for 12 November include:
Tata Steel, Asian Paints, Ashok Leyland, HAL, IRCTC, Info Edge, Prestige Estates, SpiceJet, Honasa Consumer, and Endurance Technologies.
Market Overview
The share market today is likely to see a balanced tone amid mixed corporate earnings.
Power sector companies such as Tata Power and Torrent Power are expected to draw attention due to diverging performance trends.
Meanwhile, infrastructure plays like RVNL and CONCOR reported steady results, while chemical firms such as Gujarat Fluorochemicals showcased margin expansion.
Dividend declarations, Tata Motors’ new listing, and institutional bulk deals are likely to influence trading sentiment through the session.
Summary
The stocks to watch today include Tata Power, Torrent Power, Gujarat Fluorochemicals, CONCOR, RVNL, and PI Industries, alongside Tata Motors’ commercial vehicle listing and HFCL’s bulk deal activity. Broader focus will also remain on upcoming Q2 results from Tata Steel, Asian Paints, and HAL as markets adjust to corporate earnings momentum.
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