Indian Stock Market: Stocks To Watch Today
Reliance Industries Ltd., JSW Steel Ltd., JSW Energy Ltd., Infosys Ltd., Central Bank of India, and BEML Ltd. are some of the stocks that will catch investors’ attention on Friday. Here are some of the notable corporate announcements that came after Thursday’s market hours:
Whirlpool of India
Whirlpool India signs long-term brand and tech pacts with parent company till 2029. Agreements are valid till March 2029, replacing annual contracts.
Tata Motors
The company name shall be changed to Tata Motors Passenger Vehicles effective October 24. Symbol shall be changed to TMPV effective October 24.
HCL Technologies
The company expands partnership with Zscaler for AI-Powered security & network transformation.
BEML
The company in pact with Kineco for advanced composite manufacturing for Aerospace and Defence Applications.
Central Bank of India
The bank is in pact with Godrej Housing Finance to offer housing loans at competitive rates.
Fortis Healthcare
IHH Healthcare, via its subsidiary Northern TK Venture Pte Ltd, will subscribe to 23.5 crore new equity shares of Fortis Healthcare via preferential allotment. The total investment amounts to Rs 235.2 crore. Following this, Northern TK Venture will launch a mandatory open offer to acquire up to 19.7 crore shares of Fortis Healthcare, representing approximately 26.1% of its expanded voting capital. Additionally, a separate open offer will be made to acquire up to 49 lakh equity shares of Fortis Malar Hospitals, representing around 26.1% of its voting share capital.
Wipro Q2FY26 Highlights
Key takeaways: Numbers in line with estimates, QoQ CC growth up 0.3% versus down 2% in Q1, Launches Wipro Intelligence, to scale in AI-first world, Lower and upper end of IT revenue guidance increased to (-)0.5% to (+)1.5%, Large deal TCV at $2.9 billion versus $2.7 billion in Q1.
Infosys Q2FY26 Highlights
Key takeaways: Numbers beat the estimates, QoQ CC growth at 2.2% vs 2.6% in Q1, Lower end of the guidance increased from 1%-3% to 2%-3%, Manufacturing & Hi-Tech has seen major uptick, Large deal TCV at $3.1 billion versus $3.8 billion in Q1.
LTIMindtree Q2FY26 Highlights
Revenue up 5.6% to Rs 10,394.30 crore versus Rs 9,840.60 crore, Ebit up 17% to Rs 1,648.10 crore versus Rs 1,406.50 crore, Margin at 15.9% versus 14.3%, Net Profit up 12% to Rs 1,401.10 crore versus Rs 1,254.10 crore.
For more information on these companies and their performance, you can visit our website and read our articles on stock market news, Nifty today, and Sensex news.
Other Stocks To Watch
Reliance Industries, Dixon Technologies (India), JSW Energy, JSW Steel, Polycab India, 360 ONE WAM, Acutaas Chemicals, Atlanta Electricals, Atul, AU Small Finance Bank, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Fedbank Financial Services, Havells India, HFCL, Himadri Speciality Chemical, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, Kesoram Industries, L&T Technology Services, Oracle Financial Services Software, Orient Electric, PCBL Chemical, Poonawalla Fincorp, PSP Projects, PVR Inox, RPG Life Sciences, Sapphire Foods India, Shoppers Stop, Sobha, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, UCO Bank, Ujjivan Small Finance Bank.
Canara HSBC Life Insurance
Canara HSBC Life Insurance Co is a private life insurance company in India. Promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company’s shares will debut on the stock exchange on Thursday. The public issue was subscribed to 2.3 times on day three. The bids were led by Qualified institutional investors (7.05 times), non-institutional investors (0.33 times), retail investors (0.42 times).
Investors looking to invest in the Indian stock market can learn more about stock market tips and investing in the Indian stock market on our website.
Conclusion
The Indian stock market is expected to be volatile today, with many stocks in focus due to various corporate announcements and Q2 results. Investors should keep a close eye on the market and make informed decisions based on their investment goals and risk tolerance. For more information on the Indian stock market and investment opportunities, visit our website and read our articles on Indian stock market news and stock market analysis.