BHEL alone secured orders exceeding Rs 40,000 crore amid India's thermal power capacity expansion.
Five stocks are highlighted as key beneficiaries riding the thermal power sector growth in India.
Source: Financial Express
4 minutes ago
Tech Mahindra reported a 6.8% YoY rise in Q2 dollar revenue to $1.6 billion, up 2% sequentially.
In constant currency terms, revenue grew 7.2% year-on-year and 2.4% quarter-on-quarter.
Source: The Times of India
5 minutes ago
At Jio Platforms' IPO press conference, Isha Ambani highlighted Reliance Industries' 29% annualised returns since its 1977 listing.
Akash Ambani emphasized substantial growth opportunities ahead for Jio Platforms.
Source: ET NOW
4 hours ago
Prem Watsa outlines Fairfax's $5.6 billion IDBI Bank deal, with Peter Clarke explaining the funding structure.
Combining IDBI Bank, Digit Insurance, and IIFL Capital could create an integrated financial services entity, says Watsa.
Source: ET NOW
4 hours ago
Aegis Logistics posted FY26 revenue of INR 8,333 cr and PAT of INR 1,107 cr, up from INR 787 cr.
Q1FY27 PAT surged to INR 545 cr; company targets expansions, M&A, and new energy projects under Project GATI.
Source: ScoutQuest
5 hours ago
Asian Petroproducts & Exports will hold an Extra-Ordinary General Meeting on Friday, 6 November 2026 at 12:30 p.m.
The EGM will be conducted via Video Conferencing, allowing shareholders to attend and vote online.
Source: ScoutQuest
5 hours ago
Wipro's weak deal bookings have clouded the company's overall growth outlook.
Source: Financial Express
6 hours ago
Ravindra Energy's joint entity, Energy In Motion, inaugurated an electric heavy commercial vehicle complex at Talegaon, Pune.
The facility has an initial capacity of 5,000 vehicles per shift annually, representing part of a ₹1,000 crore investment.
Source: BSE
6 hours ago
Angel One reported Q2 revenue of INR 14,315.4 million, up from INR 12,042.0 million a year ago.
The company announced earnings results for the second quarter and six months ended September 30, 2026.
Source: MarketScreener India
6 hours ago
HDFC Life expects near-term disruption from proposed IRDAI norms but anticipates emerging stronger.
CEO Vibha Padalkar stated market forces will determine distribution cost savings passed to policyholders.
Source: Moneycontrol
6 hours ago
SWREL reported a consolidated net profit of Rs 16.9 crore in Q2, driven by reduced expenses.
The renewable energy EPC company had clocked a net loss of Rs 477.7 crore in Q2 FY25.
Source: News18
6 hours ago
Popular Vehicles reported Q2FY27 new vehicle volume growth of 51% YoY, with total revenue rising 40% YoY.
Debt rose sequentially on inventory build ahead of price hikes, while vehicle inventory reduced to around 41 days.
Source: ScoutQuest
7 hours ago
Ujjivan Small Finance Bank completed a direct assignment transaction of unsecured standard assets qualifying for Priority Sector Lending.
The bank received the first tranche of Rs 500 crores under the transaction as per RBI guidelines.
Source: BSE
7 hours ago
IRDAI granted Ather Energy's subsidiary, Ather Insurance, registration to act as a Corporate Agent for insurance distribution.
The license enables Ather Energy to diversify revenue streams by offering life, general, and health insurance to customers.
Source: BSE
7 hours ago
Tinna Rubber completed registration of 19 acres of a 40-acre land parcel in Andhra Pradesh for strategic expansion.
It plans to invest up to ₹250 crore over three years to build an integrated recycling complex.
Source: BSE
7 hours ago
Income Tax Department conducted a survey at DIC India's registered office over alleged non-filing of SFT return in Form 61A.
Nothing was impounded, no penalties were imposed, and the survey has no current impact on company operations.
Source: BSE
7 hours ago
REC Limited received a No Objection Certificate from RBI for its proposed merger with Power Finance Corporation Limited.
The merger scheme remains subject to other statutory approvals, along with clearance from shareholders and creditors.
Source: BSE
7 hours ago
Tata Power approached the West Bengal government for land to establish multiple solar projects.
The 500 MW solar projects involve an estimated investment of around ₹2500 crore.
Source: The Hindu BusinessLine
7 hours ago
Bajaj Consumer plans to add 60,000 retail outlets and 1,000 distribution partners annually under Project Aarohan 2.0 from FY28.
The expansion follows a 66% surge in Q2 consolidated profit as it broadens its product portfolio nationwide.
Source: The Hindu BusinessLine
7 hours ago
Wipro projects Q3 revenue at $2,571M–$2,625M (-1.5% to +0.5% QoQ CC), citing furlough impacts and fewer working days.
The deal pipeline remains strong despite administrative delays; over 2,000 engineers are deployed in its AI-Native unit.
Source: ScoutQuest
7 hours ago
Wipro's large deal bookings hit a 19-quarter low at $700 million in Q2, but the CEO expects a Q3 rebound.
Large deals fell nearly 59% sequentially in constant currency, while overall TCV dropped 23% to $2.6 billion.
Source: Moneycontrol
8 hours ago
Usha Martin received an upgraded voluntary ESG rating of 63 from 60 by NSE Sustainability Ratings and Analytics.
The independent rating was based on publicly available FY 2025-26 data without direct engagement by the company.
Source: BSE
8 hours ago
Jio Financial Services eyes ~Rs 18,000 crore infusion via Bank of America JV, pending approvals, alongside Allianz insurance partnerships.
The company plans broking expansion, achieving 3.2 crore app users with 89% automated settlements and digitized debt collections.
Source: ScoutQuest
8 hours ago
Prime Focus board approved related party transactions regarding Multiples' CCPS investment into subsidiaries Brahma AI Holdings and Brahma India.
An EOGM is scheduled on November 7, 2026, to seek shareholder approval for cessation of control over Brahma entities.
Source: BSE
8 hours ago
Polycab's 'Project Spring' targets Rs 200 billion revenue by FY30, aiming to outpace industry growth by 1.5x to 2x.
The company expects its Extra High Voltage plant commissioning in FY28, targeting 11%-13% EBITDA margins in Wires & Cables.
Source: ScoutQuest
8 hours ago
Tech Mahindra targets a 15% EBIT margin by FY27 and plans to report AI-led revenues from H2 FY27.
Free cash flow impacted by deal ramp-ups is expected to stabilize, with ongoing investments in Quantum Computing and DSMs.
Source: ScoutQuest
8 hours ago
360 ONE targets 20% Tangible ROE in 3-4 years, with its UBS partnership driving $300–$325 million in flows.
The company launched AI platform Compass for relationship managers and expects full ECM operationalization by April 2027.
Source: ScoutQuest
8 hours ago
Sri Lotus Developers' Q2 FY27 revenue surged 52.5% YoY to INR 269 Crs, with profit jumping 91.0% to 89 Crs.
Management targets FY27 pre-sales of INR 1,800-2,000 Crs, backed by four H2 launches with GDV up to 4,000 Crs.
Source: ScoutQuest
8 hours ago
Sapphire Foods' board will meet on October 22, 2026, to consider and approve Q2 and half-year financial results.
The company's trading window will remain closed until October 24, 2026, following the results announcement.
Source: BSE
8 hours ago
Fairfax gets no right of first refusal in IDBI Bank's residual stake sale.
The government approved the strategic sale and outlined open-market options for the remaining shares.
Source: The Hindu Business Line
8 hours ago
Indian Bank's Q2 net profit increased by 15% to Rs 3,462 crore.
Source: Financial Express
8 hours ago
Supreme Court upholds Bombay High Court order quashing the write-off of Yes Bank AT-1 bonds.
Source: The Hindu Business Line
8 hours ago
Indian Bank raised FY27 deposit growth targets to 11%-12% and advances to 13%-14%, expecting NIM expansion of 5-6 bps.
Corporate credit pipeline stands at Rs 63,000 crore, while deposit costs rose to 4.9% amid rising yield risks.
Source: ScoutQuest
8 hours ago
Fairfax was named strategic buyer for a 60.8% IDBI Bank stake at INR 81 per share, totaling INR 528.8 billion.
Fairfax proposes transferring its Go Digit and IIFL Capital stakes to IDBI Bank, pending regulatory approvals.
Source: ScoutQuest
8 hours ago
HDFC AMC is launching two new AIF funds, managing an EPFO mandate, and investing in AI-driven digital infrastructure.
Key challenges include market volatility impacting STPs, competitive pricing pressures, and a 14% rise in employee expenses.
Source: ScoutQuest
8 hours ago
Kabra Extrusiontechnik posted consolidated Q2 PAT of ₹396.9 lakh on revenue of ₹22,096.2 lakh, up sharply YoY.
Mahaboob Ali Khan was appointed CEO of Extrusion Division effective October 23, succeeding retiring Yogesh Deo.
Source: BSE
8 hours ago
UCO Bank uploaded the audio and video recording of its post-earnings analyst call held on October 15, 2026.
The recording of the call proceedings is accessible on the bank's official website.
Source: BSE
8 hours ago
Tata Communications targets digital portfolio breakeven and EBITDA growth, driven by surging AI and infrastructure demand.
Key risks include media volatility from event cancellations, currency fluctuations, and higher subsea cable and data center capex.
Source: ScoutQuest
8 hours ago
Sunteck Realty's board will meet on 26th October 2026 to consider and approve Q2 and half-year financial results.
The trading window for dealing in company securities remains closed until 48 hours after results are declared.
Source: BSE
9 hours ago
VRL Logistics has revised its share buyback record date from October 16, 2026, to October 22, 2026.
The revised cut-off date will determine shareholder eligibility and entitlement to participate in the buyback.
Source: ScoutQuest
9 hours ago
Tech Mahindra's Board recommended an interim dividend of Rs 15 per equity share (300%).
The recommendation made in the October 15, 2026 meeting is subject to shareholder approval.
Source: Capital Market
9 hours ago
Tech Mahindra reported its fastest second-quarter growth in three years.
In contrast, Wipro posted its slowest second-quarter growth over the same three-year period.
Source: ScoutQuest
9 hours ago
Promoters Sanjay Mehta and Puneet Pal Singh intend to subscribe up to 9,67,118 warrants each in SRM Contractors' preferential offer.
A revised valuation report was taken on record, while the issue price for the offer remains unchanged.
Source: ScoutQuest
9 hours ago
Nuvoco Vistas approved the voluntary liquidation of wholly owned subsidiary Algebra Endeavour under the Insolvency and Bankruptcy Code.
Post-liquidation, step-down unit Vadraj Energy (Gujarat) will become a direct wholly owned subsidiary, simplifying the group structure.
Source: BSE
9 hours ago
NSE Sustainability assigned Elgi Equipments an ESG rating of 68 under the 'Aspiring' category.
The rating was independently prepared based on public data without direct engagement from the company.
Source: BSE
9 hours ago
Polycab India submitted the earnings conference call audio recording for the quarter and half year ended September 30, 2026.
The audio recording featuring management's performance discussion and an investor Q&A session is available on the company's website.
Source: ScoutQuest
9 hours ago
Tech Mahindra concluded its Q2 earnings conference call with analysts and institutional investors on October 15, 2026.
The company uploaded the audio recording of the quarterly earnings conference call to its official website.
Source: BSE
9 hours ago
Agastya Energy and Infrastructure secured a ₹106.1 crore contract from IMC Solar BDN LLP for a 47.8 MW solar project.
Source: Livesquawk
9 hours ago
Omkar Speciality Chemicals appointed Shashi Kala Dhabriya as an Additional Non-Executive Independent Director for five years.
Meanwhile, Muskaan Pherwani resigned as Non-Executive Independent Director effective October 13, 2026, citing personal commitments.
Source: BSE
10 hours ago
5paisa Capital Q2 revenue rose 11.5% YoY to ₹86 crore, while net profit dropped 25.6% to ₹7.1 crore.
EBITDA fell 9.2% to ₹21.4 crore, with EBITDA margin contracting to 24.9% from 30.5%.
Source: ET NOW
10 hours ago