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Stocks to watch: Shares of firms like ITC, RIL, TCS, Vedanta, Hyundai, Bandhan Bank, Swiggy, and others will be in focus on Friday’s trade
Stocks To Watch On October 31
Stocks to Watch on October 31:Indian equity markets are likely to open flat to marginally higher on the last trading day of the week, amid mixed cues from global markets. Investor sentiment will be shaped by September-quarter earnings announcements, strong activity in the primary market, institutional flow trends, and key international developments.
Q2FY26 Results Due Today
A number of major companies are scheduled to announce their Q2FY26 results today, including Bharat Electronics, Maruti Suzuki India, Vedanta, GAIL India, Bank of Baroda, Bharat Petroleum Corporation, Shriram Finance, Dr Lal PathLabs, Godrej Consumer Products, ACC, Mahindra Lifespace Developers, R R Kabel, and Jubilant Pharmova.
Hyundai Motor India
Hyundai Motor India registered a 14.3% year-on-year rise in consolidated net profit to Rs 1,572 crore for Q2FY26, supported by cost efficiencies and strong export growth. Exports surged 21.5% Y-o-Y to 51,400 units, helping offset a 6.8% decline in domestic sales, which stood at 139,521 units.
ITC
ITC Ltd posted a 2.7% Y-o-Y increase in consolidated net profit attributable to owners at Rs 5,126.11 crore for Q2FY26, led largely by its cigarettes division. In the year-ago period, profit was Rs 4,992.87 crore. Consolidated gross revenue declined 1.3% Y-o-Y to Rs 21,255.86 crore, compared to Rs 21,536.38 crore in the corresponding quarter last year.
Swiggy
Swiggy reported a deeper consolidated net loss of Rs 1,092 crore in Q2FY26 versus Rs 626 crore a year ago. Revenue from operations grew 54.4% Y-o-Y to Rs 5,561 crore, driven by momentum in both food delivery and quick-commerce services.
Pidilite Industries
Pidilite Industries recorded an 8.2% Y-o-Y growth in consolidated net profit to Rs 584.6 crore for the quarter ended September 30, 2025. Revenue from operations increased to Rs 3,554.44 crore, up from Rs 3,234.91 crore in the same quarter last year.
Bandhan Bank
Bandhan Bank reported a significant drop in post-tax profit to Rs 112 crore in Q2FY26, compared to Rs 937 crore in the year-ago quarter. Operating profit also declined to Rs 1,310 crore from Rs 1,855 crore last year.
United Spirits
United Spirits posted a 36.1% Y-o-Y rise in consolidated net profit to Rs 464 crore in the July–September period of FY26. Net revenue grew 11.6% to Rs 3,173 crore during the same period.
Reliance Industries
Reliance Industries announced a wide-ranging strategic partnership between Reliance Intelligence Ltd and Google to accelerate AI adoption across India, supporting consumers, enterprises, and developers under the company’s “AI for All” mission.
Additionally, CRISIL Ratings reaffirmed the company’s credit ratings — ‘CRISIL AAA/Stable’ for its Non-Convertible Debentures and long-term bank loans, and ‘CRISIL A1+’ for commercial paper and short-term banking facilities.
Tata Consultancy Services (TCS)
TCS has signed a five-year agreement with Tata Motors to support the automaker’s sustainability initiatives. Tata Motors’ sustainability platform, Prakriti — powered by TCS’ AI-enabled Intelligent Urban Exchange™ (IUX) — will digitise ESG data, enable real-time monitoring, ensure automated compliance reporting, and provide sustainability insights across all manufacturing plants.
Bharat Electronics
Bharat Electronics secured new orders worth Rs 732 crore, comprising software-defined radios, tank subsystems, communication systems, missile parts, financial software, cybersecurity solutions, upgrades, spares, and related services, the company said in an exchange filing.
Narayana Hrudayalaya
Narayana Hrudayalaya announced that its subsidiary Health City Cayman Islands Ltd, through its fully owned UK subsidiary, has signed an agreement to acquire 100% equity in Practice Plus Group Hospitals Ltd in the UK, subject to customary closing conditions. The agreement was signed on October 30, 2025.
Chennai Petroleum Corporation (CPCL)
BofA Securities Europe SA purchased 7.62 lakh shares, representing a 0.51% stake, in Chennai Petroleum Corporation at Rs 868.59 per share, amounting to roughly Rs 66.2 crore, according to reports.
Sunteck Realty
Apricum Buildwell Pvt Ltd, a wholly owned subsidiary of Sunteck Realty, executed a Share Purchase Agreement on October 30, 2025, to acquire 100% equity in Shreejikrupa Hotels and Properties Pvt Ltd, which owns land in Andheri, Mumbai.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
October 31, 2025, 08:03 IST
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