Stocks to watch, Oct 30: Jio Platforms, Reliance Industries, Trent, IndiGo, IT stocks, IEX, Vedanta Group, PB Fintech

The domestic stock market is expected to open lower on Friday, October 30. GIFT NIFTY futures suggest the NIFTY50 index will open 39 points lower.

Here is a list of stocks that may remain in focus today.

RIL, Jio Platforms: Reliance Industries (RIL), India’s most valuable company, is scheduled to announce its financial results for the quarter ended September 30, 2026 (Q2 FY27), today. Analysts expect the conglomerate to report strong numbers, driven primarily by a recovery in its oil-to-chemicals (O2C) business.

Meanwhile, Jio Platforms will also announce its Q2 FY27 earnings today, marking its first results announcement since listing as a separate entity. Analysts expect its performance to be driven by strong subscriber additions and an improvement in average revenue per user (ARPU).

Other earnings: Besides RIL and Jio Platforms, over 200 companies are slated to announce their Q2 FY27 earnings today. The list includes names such as Sun Pharmaceutical Industries, Bharat Electronics (BEL), Indian Oil Corporation, Varun Beverages, Bank of Baroda, GAIL India, GE Vernova TD India, Lodha Developers, NTPC Green Energy, Dixon Technologies, and PB Fintech, among others.

Trent: Noel N. Tata will retire as chairman and director of Trent Ltd on November 11, after nearly three decades with the Tata Group retailer, with the company’s board appointing Bahram Vakil as his successor effective November 12.

The Tata Group’s retail arm on Thursday reported a 25% year-on-year (YoY) increase in consolidated net profit to ₹468 crore for the September quarter, as revenue growth and operating leverage supported earnings amid an inflationary environment.

Consolidated revenue from operations rose 22% to ₹5,873 crore in the quarter ended September 30, while operating earnings before interest, tax, depreciation and amortisation (EBITDA) increased 37% to ₹785 crore, the company said in a statement.

For the first half of FY27, consolidated revenue grew 20% to ₹11,628 crore, and net profit rose 24% to ₹986 crore. Operating EBITDA increased 35% to ₹1,633 crore.

InterGlobe Aviation (IndiGo): The country’s largest airline IndiGo on Thursday reported narrowing its loss to ₹1,879.1 crore in the September quarter as increased fuel costs and rupee depreciation roiled profitability, with CEO Willie Walsh asserting that the carrier has a lot of options to deal with higher operating expenses.

The airline, which had a loss of ₹2,582.1 crore in the 2025 September quarter, will remain focused on short-haul operations and exercise a prudent approach on capacity amid the overall challenges in the industry.

Briefing the media for the first time after taking charge as the CEO in August wherein he discussed the latest quarterly performance, Walsh also indicated that airfares are likely to remain elevated due to the steep rise in fuel prices.

IEX: Indian Energy Exchange Ltd (IEX) on Thursday reported a 12.9% year-on-year (YoY) increase in consolidated net profit to ₹139.2 crore for the September quarter (Q2 FY27), supported by higher electricity trading volumes amid strong power demand and rising prices in the spot market.

Consolidated revenue rose 10.7% to ₹203 crore in the quarter ended September 30, while electricity trading volumes increased 12.7% to 39.7 billion units (BUs), the exchange said in a statement.

For the first half of FY27, consolidated net profit grew 12.3% to ₹274 crore, while revenue increased 10.4% to ₹405.8 crore. Electricity volumes rose 14.2% to 77.2 BUs.

Vedanta Group stocks: The Vedanta Group has lined up $25 billion in investments over the next three years to expand capacities across its existing businesses through organic growth and brownfield expansions, a top company official said.

Vedanta founder and chairman Anil Agarwal, who was in the city on Wednesday, said the conglomerate would focus on its existing assets for growth, while remaining open to acquiring public sector assets if opportunities arise.

“Current capex plans are for organic growth in aluminium, copper, zinc, oil and gas. All will be brownfield expansions,” he said.

“We are going to invest… around $25 billion,” Agarwal said.

The capital expenditure would also support Vedanta’s ambition to become one of the world’s largest mining companies in critical metals, and emerge as a leading silver producer within three to four years, he said.

Care Ratings: Care Ratings on Thursday reported a 28% growth in net profit to ₹73 crore for the second quarter ended September 30.

The company had posted a net profit of ₹57 crore in the second quarter of the preceding financial year.

Total income rose to ₹180 crore during the second quarter of FY27, from ₹149 crore in the corresponding period of FY26.

IT stocks: Indian IT stocks will remain in focus after Nasdaq-listed Cognizant Technology Solutions lowered the upper end of its full-year 2026 revenue growth guidance to 4.4% from 5.5% earlier, citing macroeconomic uncertainty, elevated oil prices and supply-chain disruptions that are delaying client decisions in two sectors.

The development could weigh on sentiment across the Indian IT sector, as it raises concerns over discretionary technology spending and the pace of deal ramp-ups. Cognizant reported 4.8% year-on-year revenue growth in constant currency terms to $5.66 billion in Q3.

Strides Pharma Science: Strides Pharma Science Ltd on Thursday reported a 2% rise in its profit after tax (PAT) for the second quarter ended September to ₹134.1 crore, driven by revenue growth.

The pharma company had posted a net profit of ₹131.5 crore in the corresponding quarter of the preceding fiscal.

Its revenue from operations increased 17.1% to ₹1,429.7 crore, from ₹1,220.8 crore in Q2 FY26, the company said in a regulatory filing.

The company’s total expenses shot up to ₹1,282.57 crore during the quarter under review, compared to ₹1,085 crore a year ago.

Badree Komandur, MD & Group CEO, Strides Pharma Science said, “Our diversification strategy continues to play out, with Ex-US Markets growing 31% YoY to ₹696.3 crore and, for the first time, surpassing our US business in quarterly revenue. Our US business delivered 9% YoY growth. EBITDA grew to ₹250.9 crore, crossing the ₹250 crore mark in a quarter for the first time. This was despite higher raw material, freight and operating costs arising from geopolitical disruptions.”

IDBI Bank: The Department of Investment and Public Asset Management (DIPAM) on Thursday said the second round of bidding for strategic disinvestment of IDBI Bank was conducted under a procedure determined by the Core Group of Secretaries on Disinvestment (CGD), which was empowered by the Cabinet Committee on Economic Affairs (CCEA) to address procedural issues and deviations.

The initial round of bidding was conducted in the financial year 2025-26, but the bids were not approved, following which the first round became functus officio, or ceased to have further effect, the DIPAM said in a statement.

It added that the reserve price was neither reduced nor increased and the procedure for the second round, also referred to as the best offer round, was determined by the CGD.

V-Guard Industries: Electrical goods manufacturer V-Guard Industries Ltd on Thursday reported a 71% increase in its consolidated net profit to ₹111.67 crore for the September quarter of FY27 (Q2 FY27).

It had posted a net profit of ₹65.29 crore in the July-September period last fiscal year, according to a regulatory filing.

V-Guard’s revenue from operations stood at ₹1,852.89 crore, up 38.18% YoY, in the September quarter, compared to ₹1,340.92 crore in the corresponding period a year ago.

Total expenses of V-Guard in the September quarter increased 36.17% to ₹1,716.80 crore.

Commenting on the performance, Managing Director Mithun K Chittilappilly said, “The business delivered another quarter of robust and consistent performance with all segments delivering strong growth, which was a combination of both price and healthy volume growth for most of the categories.

Praj Industries: Praj Industries Ltd on Thursday posted a 20% jump in its consolidated net profit to ₹23.16 crore for the second quarter of this fiscal.

The Pune-based company had clocked a net profit of ₹19.28 crore a year earlier, according to a regulatory filing.

Total income rose to ₹861.16 crore in the September quarter of 2026-27 from ₹847 crore a year ago.

Expenses remained higher at ₹825 crore in Q2 FY27, up from ₹817.43 crore a year ago.

“While the overall business environment continues to remain uncertain, the company delivered an improved performance during the quarter on a sequential basis,” Managing Director Ashish Gaikwad said.

Motilal Oswal Financial Services (MOFSL): MOFSL on Thursday reported a three-fold jump in consolidated profit after tax (PAT) to ₹1,081 crore for the September quarter of FY27 (Q2 FY27), driven by strong growth in its asset management business.

The company had posted a profit after tax of ₹363 crore in the year-ago period.

Revenue from operations increased to ₹3,042 crore in the July-September quarter of the current fiscal year, from ₹1,850 crore a year ago, the diversified financial services company said in a stock exchange filing.

The Asset Management (AMC and MO Alternates) business reported a 69% year-on-year jump in net profit to ₹304 crore, emerging as the largest contributor to profit.

Total assets under management (AUM) grew 26% year-on-year to around ₹2.23 lakh crore.

Hero MotoCorp: India’s largest two-wheeler maker Hero MotoCorp plans to increase the production capacity of its Vida electric two-wheeler to 45,000 units by March-end and further boost it to 80,000 units by the second quarter of FY28, according to a senior company official.

Hero MotoCorp CEO Harshavardhan Chitale said supply is a constraint, with dealer inventory of just around one day.

“Our dealer inventory continues to be low. We are working with a dealer stock of just about one day, which shows that we are still capacity constrained and there is a strong demand for our product,” he said.

The automaker’s electric two-wheeler capacity was at 15,000 units per month at the end of the financial year 2026. The capacity currently stands at 30,000 units.

ICRA: ICRA on Thursday said its profit after tax rose 9.2% to ₹52.4 crore in the second quarter ended September 30.

The PAT was ₹48 crore in the corresponding quarter of the previous year.

Consolidated revenue from operations increased by 30.2% to ₹177.9 crore for the second quarter ended September, compared to ₹136.6 crore in the corresponding quarter of the previous year.

The PAT for the half-year ended September 2026 increased by 20% to ₹108.9 crore from ₹90.8 crore in the corresponding period of the previous year. Consolidated revenue from operations increased by 30.7% to ₹341.2 crore for the half-year ended September 2026, compared to ₹261.1 crore in the corresponding period of the previous year.

The consolidated results for the second quarter and first half of fiscal 2026-27 include the financial performance of Fintellix India Pvt Ltd (Fintellix), acquired in October 2025.

Vedanta Oil & Gas: Vedanta Oil and Gas Ltd on Thursday reported a net profit of ₹746 crore for the second quarter of FY27 as a spike in oil prices helped offset a fall in production.

The profit compares with a loss of ₹152 crore in the preceding three months of April-June. Comparable year-on-year numbers were not available as the company came into existence only in May after demerger from Vedanta Ltd.

Oil and gas production dropped 19% YoY to 72,200 barrels of oil and oil equivalent gas per day. The firm realised a 40% higher price of $97 per barrel in the quarter as compared to $69.1 per barrel.

Revenue came in at ₹2,486 crore in the quarter ended September. For the first half of FY27, revenue increased 8% to ₹4,993 crore, and EBITDA rose 14% to ₹2,625 crore. The company reported profit after tax of ₹594 crore from continuing operations in H1 FY27, compared with ₹1,691 crore including discontinued operations.

Blue Star: Air-condition and commercial refrigeration system maker Blue Star Ltd on Thursday reported a 25.44% YoY increase in its consolidated net profit to ₹123.91 crore for the September quarter, aided by exceptional gains and higher demand due to an extended summer season.

The company had posted a net profit of ₹98.78 crore in the July-September period a year ago, according to a regulatory filing.

“During the quarter, an exceptional gain of ₹23.02 crore was recognised on the sale of the MedTech business,” the company said in its earnings statement.

Its revenue from operations increased 21% to ₹2,930.95 crore in the September quarter, as against ₹2,422.37 crore in the year-ago period.

NBCC Ltd: State-owned NBCC Ltd has sold 8.80 lakh sq ft of residential real estate through e-auction in the national capital for ₹5,191 crore, with the average per-sq-ft selling rate nearly 60% higher than the reserve price.

The sale is on behalf of the central government to fund redevelopment projects across various colonies in the national capital.

In a regulatory filing on Thursday, the company said it has “successfully sold residential apartments of approximately 8.80 lakh sq ft area at Avenue Towers, Africa Avenue Marg Sarojini Nagar, New Delhi through an e-auction at total sale value of approximately ₹5,191 crore.”

NBCC will get a marketing fee of 1% of the sale value.

Delhi-based NBCC, which is into project management consultancy (PMC) and real estate businesses, noted that the average rate stood at ₹59,014 per square foot.

HeidelbergCement India: HeidelbergCement India Ltd on Thursday reported a 32.7% YoY decline in its net profit to ₹16.77 crore in the September quarter of FY27.

The company had reported a net profit of ₹24.93 crore in the July-September quarter a year ago, according to a regulatory filing from HeidelbergCement India.

Its revenue from operations was up 10.96% to ₹567.7.80 crore in the September quarter of FY27. It was ₹511.66 crore in the corresponding quarter a year ago.

Increase in revenue was “driven by a 7.3% increase in sales volumes and a 3.4% improvement in prices,” said HeidelbergCement in its earnings statement.

However, on a per-tonne basis, total operating cost, including freight, increased 6.6%, primarily because of higher raw materials, power and fuel costs, mainly due to the West Asia situation.

Brigade Enterprises: Realty firm Brigade Enterprises Ltd on Thursday reported a 28% increase in its consolidated net profit to ₹218.82 crore in the quarter ended September, despite a fall in revenue.

Its net profit stood at ₹170.82 crore in the year-ago period.

Total income dropped to ₹1,249.99 crore in the second quarter of this fiscal year from ₹1,429.86 crore in the corresponding period of the preceding year, according to a regulatory filing.

Pavitra Shankar, Managing Director of Brigade Enterprises, said, “Q2 FY27 has been a positive quarter for Brigade Group, with healthy momentum across our businesses.”

Pine Labs: Fintech firm Pine Labs’ consolidated net profit jumped multifold to ₹38.57 crore in the second quarter ended September 30, 2026, a company filing said.

The company had posted a net profit of about ₹6 crore in the same period a year ago.

Consolidated revenue from operations grew 24% to ₹806.19 crore during the quarter under review from ₹649.9 crore in July-September 2025.

“Q2 was an all-round quarter – growth across acceptance and issuing, 15% of revenue from global markets, and 14% from products launched only in the last two years,” Pine Labs CEO, Amrish Rau, said.

Thyrocare Technologies: Diagnostic laboratory chain Thyrocare Technologies on Thursday reported a 68.16% YoY decline in consolidated net profit to ₹15.22 crore in the September quarter despite revenue growth, due to a one-time impairment loss.

The company’s net profit stood at ₹47.81 crore during the corresponding period of the preceding fiscal year, Thyrocare said in a regulatory filing.

Revenue from operations grew by 25.06% during the quarter under review to ₹270.81 crore, compared to ₹216.53 crore in the same period a year ago.

The decline in profit after tax (PAT) was due to a one-time exceptional item of ₹45 crore, a non-cash impairment charge in consolidated books, recognised in connection with the definitive term sheet for the sale of the Nueclear Healthcare Ltd business, the company said.

Coal India (CIL): State-owned Coal India Ltd on Thursday reported a 57% increase in consolidated profit after tax (PAT) to ₹6,547 crore in the September quarter, aided by higher revenues.

The company had posted a consolidated PAT of ₹4,167 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to the BSE.

Consolidated revenue from operations rose 20.8% to ₹44,179 crore in the second quarter, up from ₹36,553 crore in the corresponding quarter of the previous fiscal year.

The board recommended a second interim dividend of ₹10.25 per share for 2026-27.

CIL registered a capex of ₹7,965.67 crore in the first half of the ongoing financial year, reflecting continued focus on investment and growth initiatives.

Vedanta Power: The power company on Thursday reported a profit before exceptional items of ₹101 crore for the September quarter, compared with a loss of ₹142 crore a year earlier, as higher electricity sales, improved realisations and stronger plant availability drove a sharp recovery in operating performance.

Revenue rose 38% year-on-year to ₹2,908 crore in the quarter ended September 30, while earnings before interest, tax, depreciation and amortisation (EBITDA) more than doubled to ₹421 crore from ₹190 crore a year earlier, the company said in a statement.

Reported net profit stood at ₹83 crore, compared with a loss of ₹1,688 crore in the year-earlier quarter, which included exceptional items of ₹1,547 crore. Earnings per share turned positive for the first time, at ₹0.21, the company said.

P N Gadgil Jewellers: Jewellery Retailer P N Gadgil Jewellers Ltd on Thursday reported a 52.70% YoY rise in consolidated net profit to ₹121.11 crore during the second quarter ended September (Q2 FY27).

The Pune-headquartered jewellery retailer’s profit after tax (PAT) stood at ₹79.31 crore during the corresponding quarter of the preceding fiscal, the company said in a regulatory filing.

Revenue from operations grew by 22.44% during the quarter under review to ₹2,666.37 crore, compared to ₹2,177.62 crore in the same period a year ago.

Godrej Consumer Products Ltd (GCPL): The company on Thursday reported a 13.84% YoY increase in its consolidated net profit to ₹522.92 crore for the September quarter of FY27 (Q2 FY27), driven by volume growth.

It had posted a net profit of ₹459.34 crore in the July-September quarter a year ago, according to a regulatory filing.

Total Revenue from operations rose 19% to ₹4,413.09 crore in the quarter under review, against ₹3,708.19 crore in the corresponding period of the preceding fiscal.

In Q2 FY27, consolidated sales grew by 19% YoY on the back of underlying volume growth of 8%, the company said in its earnings statement.

The FMCG major reported a 12% YoY growth in Ebitda (earnings before interest, taxes, depreciation, and amortisation).

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