Summary:
Stocks to watch today, October 26, include Infosys, BPCL, Kotak Mahindra Bank, Reliance Industries and Coforge. Investors will track quarterly earnings, revised revenue guidance, banking performance, pharmaceutical updates, the Jio Platforms IPO allotment and VRL Logistics’ share buyback announcement.
Which stocks are in focus today, October 26, 2026?
Indian stock markets will track a fresh set of corporate earnings, management guidance, asset quality updates and corporate announcements on Monday, October 26, 2026. Infosys, Bharat Petroleum Corporation (BPCL), Kotak Mahindra Bank, Reliance Industries and Coforge are among the stocks in focus following their quarterly results and key developments. Updates from banking, pharmaceuticals, technology, automotive components and asset management companies will also remain on investors’ radar.
| Company | Why it is in focus |
| Infosys | Q2 results and lower FY27 revenue growth guidance |
| BPCL | Return to quarterly profitability |
| Kotak Mahindra Bank | Growth in net profit and net interest income |
| Coforge | Q2 results and performance against poll estimates |
| Oracle Financial Services Software | Sequential decline in profit and revenue |
| Reliance Industries | Reported Jio Platforms IPO allotment and listing timeline |
| Apollo Micro Systems | Growth in quarterly profit and revenue |
| Netweb Technologies | Sequential growth in quarterly financials |
| Torrent Pharmaceuticals | Revenue growth alongside lower net profit |
| Dr. Reddy’s Laboratories | Lower net profit and revenue |
| Lupin | US FDA inspection update |
| VRL Logistics | Announced share buyback |
| SBI Funds Management and UTI AMC | Sequential profit movements |
| Castrol India | Lower sequential profit and narrower EBITDA margin |
For the broader market outlook, see our Nifty Prediction Today, October 26, covering key support and resistance levels, technical indicators and the levels traders may watch.
Infosys, Coforge and Oracle Financial Services Software
Infosys reported a 2.1% quarter-on-quarter increase in revenue to ₹49,244 crore and a 0.7% rise in net profit to ₹7,823 crore for Q2. However, the company lowered its FY27 constant-currency revenue growth guidance to 1–2% from 1.5–3%, while retaining its operating margin guidance at 20–22%. Coforge reported an 11.6% sequential increase in revenue to ₹6,170.8 crore and a 13.4% rise in net profit to ₹588 crore, although both figures missed CNBC-TV18’s poll estimates. Its EBIT margin stood at 16%. Meanwhile, Oracle Financial Services Software reported a 50.38% quarter-on-quarter decline in net profit to ₹702 crore, while revenue fell 39% to ₹1,907 crore.
BPCL, Kotak Mahindra Bank and Other Banking Stocks
BPCL reported a turnaround in quarterly profitability, posting a net profit of ₹4,993 crore against a loss of ₹3,962 crore in the previous quarter. EBITDA stood at ₹8,971 crore, compared with a sequential loss of ₹4,077 crore, while revenue, net of excise duty, reached ₹1.49 lakh crore.
Kotak Mahindra Bank reported a 29.5% year-on-year increase in net profit to ₹4,212 crore, supported by 15.7% growth in net interest income to ₹8,459 crore. IDFC First Bank’s net profit increased to ₹1,044.6 crore from ₹352.3 crore a year earlier. AU Small Finance Bank reported 53% profit growth to ₹857.7 crore, while Bank of India posted a 25.3% increase in net profit to ₹3,202 crore. Jana Small Finance Bank more than doubled its net profit to ₹170 crore, although its NNPA increased sequentially to 1.17%.
Reliance Industries, Apollo Micro Systems and Netweb Technologies
Reliance Industries will remain in focus following strong demand for the Jio Platforms IPO, which attracted bids exceeding ₹7.4 lakh crore, including ₹2.5 lakh crore from anchor investors. The share allotment is scheduled for October 26, with listing planned for October 28.
Apollo Micro Systems reported a 55.6% year-on-year increase in net profit to ₹48.4 crore, while revenue grew 72.2% to ₹388 crore. Netweb Technologies reported a 61.5% sequential increase in revenue to ₹1,323 crore and a 60.6% rise in net profit to ₹137 crore. Lumax Auto Technologies also reported strong quarterly growth, with net profit increasing 57.5% to ₹105.5 crore, although its EBITDA margin contracted slightly to 13.2%.
Torrent Pharmaceuticals, Dr. Reddy’s Laboratories and Lupin
Torrent Pharmaceuticals reported 50.8% year-on-year revenue growth to ₹4,979 crore, but net profit declined 9.6% to ₹534 crore. Dr. Reddy’s Laboratories reported a 36% decline in net profit to ₹913.4 crore and a 1.5% fall in revenue to ₹8,671 crore, although its reported metrics exceeded poll estimates. Lupin’s Goa facility inspection by the US FDA concluded with one Form 483 observation. The company stated that it would address the observation and respond within the stipulated timeframe.
SBI Funds Management, UTI AMC, VRL Logistics and Castrol India
SBI Funds Management reported a 3.4% sequential increase in revenue to ₹1,193 crore, while net profit declined 20.3% to ₹701.2 crore. UTI Asset Management Company recorded a 34.4% sequential decline in net profit to ₹143 crore. VRL Logistics announced a buyback of up to 87.5 lakh shares at ₹320 per share, involving an outlay of up to ₹280 crore. The buyback is scheduled for October 27 to November 2. Castrol India reported a 49.3% sequential decline in net profit to ₹176.4 crore, while its EBITDA margin contracted to 15.1%.
Investors will monitor these developments for their potential impact on individual stocks and sector sentiment during the upcoming trading session.
