Summary:
Stocks to watch on October 15 include Reliance Industries, IDBI Bank, Hyundai Motor India, ICICI Lombard, HDB Financial Services, Tata Technologies and Laurus Labs. Quarterly earnings, investment announcements, regulatory updates, fundraising plans and corporate orders are driving investor attention.
Which stocks are in focus today, October 15, 2026?
Indian stocks are likely to remain in focus as investors assess quarterly earnings, major investment announcements, regulatory developments, fundraising plans and corporate orders. ICICI Lombard General Insurance, HDB Financial Services, Bajaj Consumer Care, Tata Technologies, CEAT, Mangalore Refinery and Petrochemicals, and Hathway Cable and Datacom reported their Q2 results. Meanwhile, Reliance Industries, IDBI Bank, Hyundai Motor India, Laurus Labs and other companies announced significant developments.
Stocks in Focus Today Oct 15, at a Glance
| Stock | Why it is in focus |
|---|---|
| Reliance Industries | Jio Platforms IPO plans and offering details |
| IDBI Bank | Approval of a strategic buyer for a 60.72% stake |
| Hyundai Motor India | Inauguration of the Talegaon manufacturing facility and planned investment |
| ICICI Lombard | Q2 profit growth and interim dividend |
| HDB Financial Services | Q2 profit and net interest income growth |
| Bajaj Consumer Care | Higher consolidated Q2 profit and revenue |
| Tata Technologies | Q2 results, including revenue growth |
| CEAT | Profit decline despite revenue growth |
| MRPL | Sharp increase in consolidated Q2 profit |
| Dr Reddy's Laboratories | US FDA inspection observations at its Visakhapatnam facility |
| Enviro Infra Engineers | Subsidiary receives a wind-power project letter of intent |
| Om Power Transmission | Underground electrical cabling contract |
| Laurus Labs | Investment in KRKA Pharma |
| Capri Global Capital | Fundraising approval of up to ₹4,000 crore |
| Aeroflex Industries | Announced capacity expansion |
| City Union Bank | Reduction in a disputed GST demand following a court-directed remand |
ICICI Lombard, HDB Financial Services and Bajaj Consumer Care
ICICI Lombard General Insurance reported a 15.47% year-on-year increase in Q2 profit to ₹946.4 crore from ₹819.54 crore. Net premium earned rose 17.7% to ₹6,651.87 crore, while total income increased 19.2% to ₹7,843.7 crore. However, the underwriting loss widened to ₹318.38 crore from ₹178.36 crore. The board approved an interim dividend of ₹7 per share.
HDB Financial Services reported a 34.2% increase in profit to ₹780.2 crore, while net interest income grew 15.6% to ₹2,533.7 crore. Bajaj Consumer Care recorded a 65.9% jump in consolidated profit to ₹70.2 crore, with revenue rising 25.5% to ₹332.8 crore.
Tata Technologies, CEAT, MRPL and Hathway Cable
Tata Technologies reported a 3.6% increase in consolidated Q2 profit to ₹171.44 crore, while revenue grew 28.4% to ₹1,698.8 crore. CEAT's profit declined 39.8% to ₹112 crore despite 26.2% revenue growth to ₹4,762 crore. Its results included a ₹13 crore exceptional cost related to voluntary retirement schemes.
Mangalore Refinery and Petrochemicals reported a 203% surge in consolidated profit to ₹1,900.8 crore. Revenue, excluding excise duty, increased 43.6% to ₹32,516.2 crore. Hathway Cable and Datacom reported a 44.3% decline in profit to ₹10.16 crore, although revenue rose 5.7% to ₹567.5 crore.
Reliance Industries and IDBI Bank
Jio Platforms, a Reliance Industries subsidiary, will launch its ₹30,187.6 crore IPO from October 21 to October 23. The price band is ₹1,065–₹1,119 per share, and the offering comprises 27 crore fresh equity shares. Reservations include up to ₹500 crore for eligible employees and ₹2,500 crore for eligible Reliance Industries shareholders. The anchor book opens October 19.
Fairfax Financial Holdings-backed Canada Inc has been approved as the strategic buyer for a combined 60.72% stake in IDBI Bank for ₹52,878 crore, at ₹81 per share. The government will divest 30.48% and LIC 30.24%. Following the transaction, their respective holdings will be 15% and 19%.
Jio Platforms IPO: Key Details
| Particular | Details stated in the supplied article |
|---|---|
| Issue size | Approximately ₹30,187.6 crore |
| Price band | ₹1,065–₹1,119 per share |
| Fresh issue | 27 crore shares |
| Public issue dates | October 21–23, 2026 |
| Anchor book | October 19, 2026 |
| Employee reservation | Up to ₹500 crore |
| Eligible Reliance shareholder reservation | ₹2,500 crore |
Dr Reddy's Laboratories, Enviro Infra Engineers and Om Power Transmission
The US FDA completed a pre-approval inspection at Dr Reddy's FTO-9 facility in Visakhapatnam on October 8–9, issuing a Form 483 with three observations.
Enviro Infra Engineers' subsidiary Suyog Urja received a ₹228 crore LoI for turnkey EPC work on a 100 MW wind power project in Latur. Om Power Transmission received a ₹101.56 crore turnkey contract for underground electrical cabling in Ambaji.
Other Corporate Developments
Trident appointed Rahul Roongta as Group CFO from October 14. Aeroflex Industries announced ₹202 crore in capacity expansion. The Himachal Pradesh High Court quashed Morepen Laboratories' show-cause notice seeking ₹117.94 crore in allegedly excess GST refunds.
NIIT appointed Anish Sarkar as CEO from October 14. Capri Global Capital approved fundraising of up to ₹4,000 crore through permitted equity and debt routes. Laurus Labs invested ₹107.8 crore in KRKA Pharma, retaining 49% ownership.
Hyundai Motor India inaugurated its Talegaon manufacturing facility in Pune, with planned investment of ₹11,000 crore. Cemindia Projects opened a QIP at a floor price of ₹1,158.58 per share, with a possible discount of up to 5%. Turtlemint Fintech Solutions will invest ₹149.51 crore in its subsidiary through a rights issue.
City Union Bank's GST demand for FY2021-22 was reduced to ₹208.91 crore from ₹337.79 crore following a court-directed remand order.
Disclaimer: The article is for informational purposes only and not investment advice.
