Summary:
Stocks to watch today include Coal India, Trent, IndiGo, Deepak Nitrite, Suzlon Energy and Sagility. Key developments include Q2 FY27 earnings, mixed profit performance across sectors and a proposed 12% promoter stake sale in Sagility.
Which stocks are in focus today, October 30?
Several companies announced their Q2FY27 financial results, reporting a mixed performance across sectors. Coal India, Trent, Godrej Consumer Products, Blue Star and Deepak Nitrite delivered strong profit growth, while Suzlon Energy and Thyrocare Technologies reported a decline in profitability. Meanwhile, Sagility is in focus due to a proposed promoter stake sale.
Coal India, Trent and Godrej Consumer Products Report Strong Growth
Coal India reported a 53% year-on-year increase in consolidated net profit to ₹6,516.1 crore, compared with ₹4,258.8 crore. Revenue increased 20.9% to ₹44,178.7 crore from ₹36,553.1 crore.
Trent's consolidated profit grew 25.4% to ₹468.1 crore from ₹373.4 crore, while revenue increased 21.9% to ₹5,873.1 crore from ₹4,817.7 crore. Godrej Consumer Products reported a 13.8% rise in profit to ₹522.9 crore, while revenue increased 19% to ₹4,413.1 crore.
IndiGo Narrows Losses; Blue Star and Capital Small Finance Bank Improve Performance
InterGlobe Aviation, the operator of IndiGo, narrowed its consolidated net loss to ₹1,879.1 crore from ₹2,582.1 crore. Revenue increased 25.9% to ₹23,363.8 crore. EBITDAR rose 121% to ₹2,460 crore, while the EBITDAR margin expanded 450 basis points to 10.5% from 6%.
Blue Star reported a 25.2% increase in profit to ₹123.9 crore and 21% revenue growth to ₹2,931 crore. Capital Small Finance Bank's profit increased 30.7% to ₹45.6 crore, while revenue rose 22% to ₹136.2 crore. Its gross NPA declined to 2.36% from 2.47% and net NPA improved to 1.12% from 1.14% on a sequential basis.
Brigade Enterprises, Garware Technical Fibres and CAMS Announce Results
Brigade Enterprises reported 28.5% profit growth to ₹218.8 crore, although revenue declined 13.5% to ₹1,196.4 crore. Garware Technical Fibres recorded an 83.4% rise in profit to ₹58.6 crore and 33% revenue growth to ₹462.6 crore. Computer Age Management Services reported a 14.4% increase in profit to ₹131.5 crore, while revenue grew 10% to ₹414.5 crore.
Vedanta Entities, ICRA and Suzlon Energy in Focus
Vedanta Power reported a profit of ₹83 crore against a loss of ₹1,689 crore, with revenue rising 38.2% to ₹2,908 crore. Vedanta Oil and Gas reported a profit of ₹746 crore against a loss of ₹92 crore, while revenue increased 6.2% to ₹2,488 crore.
ICRA's profit increased 9.1% to ₹52.2 crore, while revenue surged 30.2% to ₹177.9 crore. Suzlon Energy reported a 69.2% decline in profit to ₹394.2 crore, despite 26% revenue growth to ₹4,875.7 crore.
Other Companies Report Mixed Q2 Performance
Nocil's profit surged 98.4% to ₹24.05 crore, while revenue increased 33.2% to ₹426.9 crore. MTAR Technologies reported sequential profit growth of 19.1% to ₹59.8 crore and revenue growth of 12.8% to ₹406.8 crore.
Thyrocare Technologies' profit declined 68.2% to ₹15.22 crore despite 25.1% revenue growth to ₹270.8 crore. Ram Ratna Wires reported a 63.7% rise in profit to ₹35.7 crore and 68.6% revenue growth to ₹1,962 crore. Greenply Industries' profit surged 167.3% to ₹42.7 crore, while revenue grew 16.1% to ₹799.7 crore.
Borosil reported a 40.5% increase in profit to ₹31.9 crore and 7.5% revenue growth to ₹369.8 crore. Indian Energy Exchange's profit rose 12.9% to ₹139.2 crore, while revenue increased 8.6% to ₹167.1 crore. Firstsource Solutions reported 29.7% profit growth to ₹232.8 crore and 22.2% revenue growth to ₹2,825.6 crore. Strides Pharma Science's profit increased 2.6% to ₹130.8 crore, while revenue rose 17.1% to ₹1,429.7 crore.
Deepak Nitrite delivered a strong performance, with profit surging 235% to ₹397.7 crore and revenue increasing 61.8% to ₹3,076.4 crore.
Sagility: Promoter Likely to Sell 12% Stake
Sagility is in focus after promoter Sagility BV was reported to be likely to sell a 12% stake through a block deal worth ₹2,377 crore. The floor price has been set at ₹42.45 per share.
