Summary:
Tata Power, Bajaj Finance, Mishra Dhatu Nigam, Triveni Turbine, DCX Systems, Aurobindo Pharma, ITC and Tata Investment Corporation are in focus on November 12 following Q2 FY27 results, fundraising, regulatory developments, investment plans and leadership changes.
Which stocks are in focus today, November 12, 2026?
Indian stock markets will remain focused on Tata Power, Mishra Dhatu Nigam, Triveni Turbine and DCX Systems following their Q2 FY27 earnings announcements. Meanwhile, several corporate developments involving Bajaj Finance, Aurobindo Pharma, ITC and Tata Investment Corporation are likely to keep these stocks in the spotlight. Tata Power reported strong quarterly growth and announced a major investment in a pumped storage project in Maharashtra, while Bajaj Finance launched its qualified institutional placement (QIP).
| Company/entity | Important contextual associations |
| Tata Power | Q2 FY27, pumped storage, Maharashtra, Sanjay Banga |
| Mishra Dhatu Nigam | MIDHANI, Q2 FY27, defence and specialty metals |
| Triveni Turbine | Q2 FY27, industrial turbines |
| DCX Systems | Q2 FY27, aerospace and defence electronics |
| Bajaj Finance | QIP, floor price, equity fundraising |
| Aurobindo Pharma | Lannett Company, US FDA, OAI, Seymour facility |
| ITC | Gold Flake RSFT, cigarette pricing |
| Tata Investment Corporation | Noel N Tata, Chairman Emeritus |
Q2 FY27 Results: Stocks to Watch on November 12
Tata Power Q2 Results: Net Profit Rises 48.6%; ₹11,871 Crore Investment Approved
Tata Power reported a 48.6% year-on-year (YoY) jump in consolidated net profit to ₹1,366.1 crore in Q2 FY27, compared with ₹919.4 crore in the corresponding quarter last year. Revenue increased 26.3% YoY to ₹19,635.9 crore against ₹15,544.9 crore. The reported net profit includes an exceptional gain of ₹119.2 crore during the quarter.
Separately, the company's board approved an investment of ₹11,871 crore for an 1,800 MW pumped storage project in Maharashtra.
The board also appointed Sanjay Banga as an Additional Director and CEO Designate, effective November 11. He will assume the position of Chief Executive Officer and Managing Director for a five-year term beginning May 1, 2027.
Mishra Dhatu Nigam Q2 Results: Net Profit Jumps 114.8%
Mishra Dhatu Nigam reported a 114.8% YoY surge in consolidated net profit to ₹27.8 crore in Q2 FY27, compared with ₹13 crore in the year-ago quarter. Revenue grew 41.1% YoY to ₹295.9 crore against ₹209.7 crore, reflecting strong growth in its quarterly financial performance.
Triveni Turbine Q2 Results: Net Profit Declines 41.6%
Triveni Turbine reported a 41.6% YoY decline in consolidated net profit to ₹53.3 crore compared with ₹91.2 crore in the corresponding quarter last year. Revenue also declined 3% YoY to ₹491 crore against ₹506.2 crore.
DCX Systems Q2 Results: Net Loss Narrows Despite Revenue Decline
DCX Systems reported a narrowing of its consolidated net loss to ₹0.25 crore in Q2 FY27 against a net loss of ₹9.04 crore in the year-ago period. However, revenue declined 27.3% YoY to ₹140.2 crore compared with ₹192.9 crore.
Corporate Developments: Other Stocks to Watch
Bajaj Finance: QIP Opens at a Floor Price of ₹992.25
Bajaj Finance launched its qualified institutions placement (QIP) on November 11, with the floor price fixed at ₹992.25 per equity share. The company may offer a discount of up to 5% on the floor price as part of the fundraising exercise.
Aurobindo Pharma: US FDA Issues OAI Classification for Lannett Facility
The US Food and Drug Administration (US FDA) classified the inspection outcome at Lannett Company LLC, a wholly owned step-down subsidiary of Aurobindo Pharma, as Official Action Indicated (OAI).
The US FDA conducted an inspection at the subsidiary's Seymour facility in the US from August 17 to 21, 2026, and issued four observations following the inspection. The company responded to all four observations within the stipulated timeframe. The latest OAI classification is an important regulatory development for the pharmaceutical company.
ITC: Gold Flake RSFT Cigarette Pack Price Increased to ₹135
ITC has increased the price of its Gold Flake RSFT (69 mm) cigarette pack by ₹10 to ₹135 from the earlier price of ₹125, CNBC-TV18 reported.
Earlier, in February 2026, the company had increased the price of the same product from ₹95 to ₹125 per pack. The latest price revision marks another increase in the product's retail pricing.
Tata Investment Corporation: Noel Tata Appointed Chairman Emeritus
Noel N Tata retired as Chairman and Director of Tata Investment Corporation, effective November 11. Subsequently, the board appointed him as Chairman Emeritus, effective November 12.
Investors will track Tata Power following its strong Q2 performance, major pumped storage investment and leadership transition. Mishra Dhatu Nigam's strong earnings growth, Bajaj Finance's QIP, Aurobindo Pharma's US FDA classification and ITC's cigarette price revision will also remain important developments influencing investor attention.
