Which Stocks Are in Focus Today?

Indian stocks are likely to remain in focus as investors track quarterly earnings, fundraising activities, order wins, management changes and regulatory developments. HCL Technologies, RBL Bank, ICICI Prudential Asset Management Company and Plastiblends India reported their Q2 results, while TD Power Systems completed a qualified institutions placement (QIP). Corporate developments at Vikran Engineering, Ircon International, Nazara Technologies, Polycab India and other companies are also on investors' radar.

Stocks in Focus at a Glance

HCL Technologies and RBL Bank

HCL Technologies reported a 21.2% year-on-year increase in consolidated net profit to ₹5,132 crore in Q2, compared with ₹4,235 crore. Revenue grew 11.5% to ₹35,620 crore from ₹31,942 crore, while EBIT increased 16.5% to ₹6,465 crore from ₹5,550 crore. EBIT margin expanded 80 basis points to 18.2% from 17.4%. Dollar revenue rose 2.19% to $3,724 million from $3,644 million. The board recommended an interim dividend of ₹12 per share for FY2026-27. HCLTech also signed a Global Premier Partnership with Anthropic to scale governed agentic AI across global enterprises.

RBL Bank reported a 170% surge in standalone net profit to ₹482 crore from ₹179 crore. Net interest income increased 37% to ₹2,131 crore, while operating profit rose 92% to ₹1,396 crore. Asset quality improved sequentially, with gross NPA declining to 1.02% from 1.3% and net NPA falling to 0.29% from 0.37%.

ICICI Prudential AMC and Plastiblends India

ICICI Prudential Asset Management Company recorded 6.1% growth in profit to ₹889 crore and a 16.3% increase in revenue to ₹1,673.8 crore. Its board approved an interim dividend of ₹30 per share.

Plastiblends India reported a 43.3% increase in profit to ₹10.65 crore, while revenue rose 18.8% to ₹228.8 crore.

TD Power Systems, Cohance Lifesciences and Goodluck India

TD Power Systems closed its QIP on October 12, raising ₹600 crore through the allotment of 77.41 lakh shares at ₹775 each. Participating investors included Axis Mutual Fund, Canara Robeco Mutual Fund, ICICI Prudential AMC, Mirae Asset, Aditya Birla Sun Life AMC, Societe Generale and Bandhan Mutual Fund.

The Ministry of Corporate Affairs approved Umang Vohra's appointment as Chairman and Group CEO of Cohance Lifesciences. Meanwhile, Goodluck Defence & Aerospace, a subsidiary of Goodluck India, emerged as the technically qualified bidder for supplying specialised 155 mm HE M1A4 ready-to-fill artillery shells to Munitions India after supplier audits and technical evaluation.

Vikran Engineering and Ircon International

Vikran Engineering's subsidiary, NOPL Solar Projects, entered into a ₹2,941.19 crore rupee term loan facility agreement with IREDA. The funding will partly finance a 969 MWac/1,163 MWp solar photovoltaic project under Maharashtra's MSKVY 2.0 scheme. The project spans 152 locations and has an estimated cost of ₹4,201.70 crore. Ircon International received an EPC works order worth ₹862.5 crore from East Central Railway in Bihar.

Karur Vysya Bank, Maruti Suzuki and Nazara Technologies

Karur Vysya Bank partnered with Zurich Kotak General Insurance Company to distribute general insurance products. Maruti Suzuki India reported that its CCI-related matter would not be heard by the NCLAT on November 2, 2026; the next hearing date remains to be notified.

Nazara Technologies CFO Rakesh Shah will resign effective October 15, with Arun Agrawal appointed CFO and key managerial personnel from October 16. The board also approved a preferential allotment of 2.38 crore shares at ₹306 each, worth approximately ₹730.4 crore.

Bank of India, Polycab India and CreditAccess Grameen

Bank of India classified Future Enterprises' ₹575.4 crore NPA account as fraud. Polycab India will be excluded from the NSE equity derivatives segment under the IBC framework. No new F&O contracts will be introduced after October 2026 contracts expire, while existing October, November and December contracts remain available until their respective expiries. No contracts will be available from December 30, 2026, onwards.

CreditAccess Grameen signed a syndicated social loan facility agreement worth $175 million, qualifying as external commercial borrowing under the RBI's automatic route.

Stocks in Focus: Key Figures