Stocks to Watch on October 21: Bajaj Finance, IREDA, Infosys, Transrail Lighting and More

Which stocks are in focus on October 21, 2026?

Indian equity markets will track quarterly earnings announcements and corporate developments on Wednesday, October 21, 2026. Bajaj Finance and the Indian Renewable Energy Development Agency (IREDA) have reported their September-quarter results, while Eternal, Adani Green Energy, SRF, Indian Hotels, KEI Industries and Vishal Mega Mart are among the companies scheduled to announce results.

Bajaj Finance: Profit Rises 23.6%, FY27 AUM Guidance Increased

Bajaj Finance reported a 23.6% year-on-year increase in consolidated profit after tax to ₹6,367 crore in Q2 FY27, compared with ₹4,950 crore a year earlier. Net interest income rose 24% to ₹13,335 crore from ₹10,784 crore, exceeding the estimate of ₹13,210 crore.

Asset quality showed a modest sequential deterioration, with gross non-performing assets increasing to 1.06% from 0.96% and net non-performing assets rising to 0.42% from 0.39%.

The company raised its FY27 assets under management growth guidance to 26–27% from 22–24%, while retaining its medium-term growth guidance of 23–25% and its target of ₹11 trillion in AUM by FY30. It expects double-digit growth in its SME segment in the second half of FY27 and plans to expand its gold loan branch network from 2,022 to 2,800 by the financial year-end. Bajaj Finance continues to target 15–18% growth in fee and commission income.

IREDA: Loan Disbursements Increase 31%

IREDA reported a 14% year-on-year rise in revenue to ₹2,345 crore in Q2 FY27, while net interest income increased 14.6% to ₹968 crore. Profit after tax grew 0.5% to ₹552 crore.

Loan disbursements rose 31% to ₹10,579 crore from ₹8,062 crore. The company's gross NPA ratio improved to 3.57% from 3.76%, while net NPAs declined to 1.08% from 1.23%. Its net interest margin increased to 3.83% from 3.72%.

Eternal, Adani Green Energy and Other Companies in Focus

Eternal is scheduled to announce its quarterly results between 3:00 PM and 3:30 PM. Adani Green Energy and SRF are expected to report their numbers between 1:00 PM and 3:30 PM. Indian Hotels, KEI Industries and Vishal Mega Mart are scheduled to announce results after market hours. Hindustan Zinc is also on the results watchlist.

Infosys and Transrail Lighting: Business Expansion

Infosys has entered into a strategic agreement with Truist to jointly develop an AI-first global capability centre in Hyderabad.

Transrail Lighting is entering the renewable power generation business through an investment in a 49% stake in a 990 MW solar portfolio in Maharashtra. The company will also acquire a stake in NOPL Pace Green Energy for ₹20 crore.

Buybacks, Tax Relief and Muhurat Trading 2026

Atul will consider a buyback proposal at its board meeting on October 23, while Genus Power Infrastructures will consider a similar proposal on October 26.

Separately, the tax department reduced JSW Dulux's tax demand to ₹42 crore from ₹118 crore. 

The NSE and BSE Diwali Muhurat trading session is scheduled for November 8, from 2:20 PM to 3:30 PM.

Reported results versus upcoming events

Disclaimer: The article is for informational purposes only and not investment advice.