Summary:
Stocks to watch on October 12 include Avenue Supermarts, Can Fin Homes, Poonawalla Fincorp, Anand Rathi Wealth, Canara Robeco AMC, Bajel Projects and PTC Industries, following quarterly results, RBI regulatory changes, an EPC order, fundraising and shareholder lock-in expiries.
Which stocks are in focus on October 12, 2026?
Indian stocks are likely to remain in focus on Monday, October 12, as investors assess the Reserve Bank of India's latest regulatory announcements, quarterly earnings, business updates, order wins and shareholder lock-in expiries. Avenue Supermarts, Can Fin Homes, Poonawalla Fincorp, Anand Rathi Wealth, Bajel Projects and PTC Industries are among the companies attracting attention following their respective developments.
| Stock | Key development |
| Avenue Supermarts (DMart) | Net profit rises 8.5%; revenue grows 17.8% |
| Can Fin Homes | Net profit rises 9.2%; loan book expands |
| Poonawalla Fincorp | Higher reported profit and net interest income |
| Anand Rathi Wealth | Profit declines despite revenue and AUM growth; ₹4 interim dividend approved |
| Canara Robeco AMC | Profit rises 21.5%; ₹2 interim dividend approved |
| Canara HSBC Life Insurance | Profit and net premium income increase |
| Waterways Leisure Tourism | Revenue rises 30.9%; EBITDA turns positive |
| Ajmera Realty | Q2 sales value falls 69% year on year |
| Kalpataru | Pre-sales decline 5%; new Mumbai project launched |
| Bajel Projects | ₹200–300 crore EPC order for Mumbai substations |
| PTC Industries | Raises ₹1,800 crore through QIP |
| Banking stocks | RBI announces changes to CRR maintenance and forex derivatives rules |
| Selected recently listed stocks | Shareholder lock-in expiries scheduled for October 12 |
Banking Stocks
Banking stocks will be monitored after the RBI increased the minimum daily Cash Reserve Ratio (CRR) maintenance requirement to 99% from 90%, effective from the fortnight beginning October 16. The CRR rate remains unchanged. The central bank also prohibited rebooking cancelled INR-linked forex derivatives contracts and reduced the threshold for forex derivatives without underlying exposure from $100 million to $5 million.
Avenue Supermarts and Can Fin Homes
Avenue Supermarts reported an 8.5% year-on-year increase in net profit to ₹743.5 crore, while revenue rose 17.8% to ₹19,644 crore. EBITDA increased 15% to ₹1,394 crore, but the EBITDA margin contracted to 7% from 7.3%. Margins were below CNBC-TV18 poll expectations, although revenue, profit and EBITDA were largely in line.
Can Fin Homes reported a 9.2% increase in net profit to ₹274.6 crore and 6.6% growth in net interest income to ₹432 crore. Its loan book expanded to ₹43,539 crore from ₹39,657 crore. However, NIM declined to 3.89% from 4.02%. Gross NPA stood at 0.9%, compared with 0.87% in June, while net NPA increased to 0.42% from 0.4%.
Poonawalla Fincorp, Anand Rathi Wealth and Canara Robeco AMC
Poonawalla Fincorp reported net profit of ₹374.8 crore against ₹74 crore a year earlier. Net interest income grew 75.7% to ₹1,589 crore, with AUM at ₹74,008 crore. NIM improved to 9.26% from 9.1% in June, credit costs declined to 2.19% from 2.4%, gross NPA improved to 1.2% from 1.37%, and net NPA fell to 0.61% from 0.7%. Pre-provisioning operating profit rose 11.8% sequentially to ₹877 crore.
Anand Rathi Wealth reported a 9.5% decline in net profit to ₹89.95 crore despite 15.7% revenue growth to ₹344 crore. EBITDA fell 15.1% to ₹116.8 crore, and margins contracted to 34% from 46.2%. However, quarterly net inflows reached a record ₹4,186 crore, active client families increased 12% to 14,309 and AUM grew 18% to ₹1.08 lakh crore. The board approved a ₹4 interim dividend.
Canara Robeco AMC recorded 21.5% profit growth to ₹59.2 crore and 18.6% revenue growth to ₹128 crore. Total AUM declined 1% to ₹1.16 lakh crore, while quarterly average AUM increased 4% to ₹1.24 lakh crore. Folio count reached 5.01 million, and the board approved a ₹2 interim dividend. The stock trades below its issue price.
Canara HSBC Life Insurance and Waterways Leisure Tourism
Canara HSBC Life Insurance reported 5.5% profit growth to ₹43.1 crore and a 13% increase in net premium earned to ₹2,553.2 crore. First-half FY27 value of new business rose 24% to ₹266 crore, while annual premium equivalent increased to ₹6,644 crore from ₹5,853 crore in the year-ago Q2.
Recently listed Waterways Leisure Tourism reported net profit of ₹54.4 crore against ₹30.9 crore and revenue growth of 30.9% to ₹133 crore from ₹102 crore. EBITDA turned positive at ₹9.7 crore compared with a loss of ₹6.5 crore.
Ajmera Realty, Kalpataru and Bajel Projects
Ajmera Realty's Q2 carpet area sold declined 68% to 72,883 sq. ft., sales value fell 69% to ₹224 crore and collections decreased 14% to ₹190 crore. Sequentially, the respective metrics improved 67%, 54% and 10%.
Kalpataru reported a 5% decline in pre-sales to ₹1,258 crore, while collections remained broadly flat at ₹1,189 crore. It launched Kalpataru Elara in Goregaon, Mumbai, offering 2-, 3- and 4-bedroom residences.
Bajel Projects secured a major EPC order valued between ₹200 crore and ₹300 crore for 220 kV Gas Insulated Switchgear substations at Salsette and Powai in Mumbai.
PTC Industries and Shareholder Lock-in Expiries
PTC Industries closed its QIP, raising ₹1,800 crore, and approved the allotment of 8.54 lakh equity shares at ₹21,060 apiece, a 5% discount to the floor price. Smallcap World Fund, Fidelity Funds and HDFC MF received over 50% of the shares reserved for the QIP.
On October 12, shareholder lock-ins expire for Kanohar Electricals, Prasol Chemicals, Glass Wall Systems and Pranav Constructions (one-month lock-ins), and Laser Power & Infra and Kusumgar (three-month lock-ins). These expiries may increase the number of shares eligible for trading.
What Should Investors Watch in These Stocks?
The key factors differ across companies. For DMart, investors may focus on revenue growth and margin performance. For Can Fin Homes and Poonawalla Fincorp, loan growth, net interest margins and asset quality remain important indicators. Anand Rathi Wealth’s profit and margin trends should be assessed alongside its client inflows and assets under management.
For real estate companies, pre-sales, collections and project launches provide insight into business momentum. Bajel Projects’ order value is a potential business catalyst, but execution timelines and contract economics will determine its eventual financial contribution. PTC Industries’ QIP adds capital to the company, while shareholder lock-in expiries increase the number of shares eligible to be traded, without guaranteeing that investors will sell.
These developments should be evaluated alongside company fundamentals, valuations and broader market conditions. Inclusion in a stocks-to-watch list does not constitute a buy or sell recommendation.
