Stocks to Watch Today, 30 October
Indian markets are set for a dynamic session as several major companies release their Q2 FY26 results and corporate updates. The stocks to watch today include ITC, Larsen & Toubro (L&T), Hindustan Petroleum Corporation (HPCL), Cipla, NTPC, Adani Power, DLF, Dabur India, Canara Bank, Union Bank of India, Aditya Birla Capital, Pidilite Industries, United Spirits, and Mphasis, among others.
These announcements come amid the ongoing earnings season, with investors closely monitoring performance across infrastructure, energy, banking, FMCG, and real estate sectors to gauge trends shaping the share market today.
Major Quarterly Results
Larsen & Toubro (L&T)
L&T reported a 15.6% year-on-year (YoY) rise in consolidated net profit to ₹3,926 crore in Q2 FY26, compared to ₹3,395 crore last year. Revenue increased 10.4% YoY to ₹67,983 crore, driven by steady execution across projects. EBITDA rose 7% YoY to ₹6,806.5 crore, while margins eased slightly to 10%.
Hindustan Petroleum Corporation (HPCL)
HPCL posted a net profit of ₹3,380 crore, up from estimates but down 12.4% quarter-on-quarter (QoQ). Revenue stood at ₹1.01 lakh crore, a 9% QoQ decline, while EBITDA reached ₹6,891 crore, supported by stable refining margins.
Bharat Heavy Electricals Ltd (BHEL)
BHEL posted a sharp turnaround with net profit of ₹368 crore, compared to ₹96.7 crore a year earlier. Revenue rose 14.1% YoY to ₹7,511 crore, while EBITDA more than doubled to ₹580.8 crore, reflecting strong execution in both power and industrial segments.
Steel Authority of India (SAIL)
SAIL delivered a net profit of ₹419 crore, exceeding expectations despite a YoY decline from ₹897 crore. Revenue increased 8.2% YoY to ₹26,704 crore, and EBITDA stood at ₹2,528 crore, with margins at 9.5%, supported by better realizations and cost control.
United Breweries
The brewer reported a 64% YoY decline in profit to ₹46.9 crore, while revenue stood at ₹2,051 crore, showing flat growth. Margins remained under pressure due to higher input costs.
Brigade Enterprises
Real estate developer Brigade Enterprises posted a 36.5% YoY profit increase to ₹163 crore. Revenue climbed 29% YoY to ₹1,383 crore, aided by robust demand in residential and commercial projects.
RailTel Corporation of India
RailTel reported a 4.7% YoY rise in net profit to ₹76 crore and a 12.8% increase in revenue to ₹951.3 crore. EBITDA margins improved to 16.2%, reflecting operational efficiency in telecom and data services.
Mahanagar Gas Ltd (MGL)
MGL recorded a 40% QoQ decline in net profit to ₹191.3 crore due to higher input costs. Revenue grew 1.1% QoQ to ₹2,256.3 crore, supported by stable CNG and PNG demand in Mumbai.
Other Key Earnings Updates
- LIC Housing Finance: Net profit rose 2% YoY to ₹1,354 crore, supported by 3% growth in net interest income.
- PB Fintech: Reported a 164.6% jump in profit to ₹134.9 crore with revenue up 38.2% YoY to ₹1,613.6 crore.
- NTPC Green Energy: Profit surged 130.3% YoY to ₹87.6 crore; revenue increased 21.5% YoY to ₹612.3 crore.
- Sagility India: Profit more than doubled to ₹250.8 crore, up 113.8% YoY, as revenue rose 25.2% YoY to ₹1,658.5 crore.
- Fino Payments Bank: Profit declined 27.4% YoY to ₹15.4 crore; net interest income grew 43.1% YoY to ₹32.5 crore.
- VST Industries: Profit rose 24.5% YoY to ₹59.2 crore even as revenue fell 6.6% YoY.
- Transport Corporation of India (TCI): Profit rose 5.8% YoY to ₹113.5 crore, supported by a 7.5% revenue increase.
- Satin Creditcare Network: Profit improved 18.9% YoY to ₹53.2 crore with revenue up 20% YoY to ₹787.9 crore.
Corporate Announcements and Deals
Wipro
Wipro entered a multi-year strategic partnership with HanesBrands Inc., a global apparel company, to modernize IT infrastructure and cybersecurity systems using its Wipro Intelligence WINGS platform.
Zydus Lifesciences
Zydus received an Establishment Inspection Report (EIR) from the USFDA for its Baddi facility, classified as Voluntary Action Indicated (VAI) — confirming closure of the inspection without major observations.
Dr. Reddy’s Laboratories
The company received a Notice of Non-Compliance (NON) from Health Canada for its Semaglutide injection filing but reaffirmed commitment to meet global quality standards.
Ola Electric Mobility
Ola Electric received an investigation notice from the Central Consumer Protection Authority (CCPA) and has been directed to respond within seven days. A hearing is scheduled for November 10, 2025.
Container Corporation of India (CONCOR)
CONCOR signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for common rail handling operations at upcoming terminals in Vadhvan Port, covering consultancy and coordination support for container logistics.
Aditya Birla Capital
Aditya Birla Capital invested ₹382.5 crore in Aditya Birla Sun Life Insurance through a rights issue, maintaining its ownership structure post-investment.
Samvardhana Motherson International
The company appointed Gandharv Tongia as Group CFO, succeeding Kunal Malani, who moves to the role of President – Group Strategy & Transformation. Motherson also approved a $0.5 million investment in Rider Dome, a Singapore-based firm developing Advanced Rider Assistance Systems (ARAS) for two-wheelers.
Dilip Buildcon
Dilip Buildcon secured a ₹307 crore subcontract from ISC Projects in the Chakradharpur Division of the South Eastern Railway, expanding its rail infrastructure portfolio.
Bulk Deal Update
- Dynamatic Technologies: Samena Special Situations Mauritius III sold 53,949 shares (0.79%) worth ₹41.6 crore at ₹7,712.34 apiece. Following this, its stake in the company reduced from 3.66% to 1.81% during October 2025.
Stock in F&O Ban
- Sammaan Capital continues to remain under the F&O ban list for today’s trading session.
Broader Market Context
The latest corporate earnings reveal mixed sectoral trends in the share market today. Infrastructure and industrial companies such as L&T and BHEL showcased healthy revenue growth, while energy firms like HPCL posted stable profits despite volatility in crude prices. Meanwhile, consumption-oriented companies, including United Breweries, faced headwinds due to rising input costs.
Real estate, manufacturing, and financial services segments reflected resilience, supported by steady domestic demand and improved operating efficiencies.
As the Q2 FY26 results season continues, investors and analysts are closely observing company fundamentals and sectoral developments to assess broader market momentum in the upcoming sessions.
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