STOCKS IN FOCUS (21st Oct 2026)

STOCKS IN NEWS

• Sun Pharma: Sun Pharmaceutical announced that UNLOXCYT has been upgraded to a National Comprehensive Cancer Network (NCCN) Category 2A recommended treatment option for patients with locally advanced cutaneous squamous cell carcinoma (laCSCC) who are not eligible for curative surgery or radiation therapy.
• Infosys: The company announced an expansion of its collaboration with Truist, one of the largest financial services companies in the US, to support the further development of the bank’s AI-first Global Capability Centre (GCC) in Hyderabad.
• Transrail Lighting: The company’s board has approved a proposed acquisition of a 49% stake in NOPL Pace Green Energy for ₹20 crore. NOPL is developing a solar power portfolio with an aggregate capacity of approximately 990 MW (AC) in Maharashtra under Component C of the Government of India’s PM-KUSUM scheme. The project aims to solarise agricultural feeders and enhance daytime electricity availability for irrigation.
• JSW Dulux: The Karnataka GST Department has revised its tax demand against the company to ₹42.04 crore for the period from April 2020 to March 2021. The revised demand includes ₹14.07 crore in tax, ₹13.9 crore in interest, and a penalty of ₹14.07 crore.
• Dhampur Bio Organics: The company has signed a technology licensing agreement with Switzerland-based Planetary SA, granting it exclusive rights for the production of mycoprotein in India.
• Hindustan Zinc: The Vedanta group company reported a 142% year-on-year increase in consolidated net profit to ₹6,412 crore in Q2FY27. Revenue from operations rose 76.5% to ₹15,093 crore.
• Prestige Estates Projects: The real estate developer plans to launch residential properties worth ₹40,000 crore in the second half of the current fiscal year, representing a 2.5-fold increase compared with the April–September period.
• YES Bank: CFO Niranjan Banodkar stated that even if the bank’s common equity tier 1 (CET1) ratio declines to around 11.4% on a pro forma basis following the reinstatement of its ₹8,415 crore written-down additional tier 1 (AT1) bonds, an immediate capital raise would not be necessary, as the lender has other options available.
• Bajaj Finance: The NBFC reported a 29% year-on-year rise in consolidated net profit to ₹6,367 crore in Q2FY27. Net interest income (NII) increased 24% to ₹13,335 crore, while assets under management (AUM) grew by ₹37,680 crore.
• Piramal Finance: The non-banking lender posted a 67% year-on-year jump in net profit to ₹545 crore for the September quarter. Core net interest income increased 35% to ₹1,530 crore, supported by 24% growth in assets under management and a 0.35 percentage-point expansion in net interest margin to 6.5%.
• LTTS: The company reported a 66.78% year-on-year increase in consolidated net profit to ₹548.2 crore for the July–September quarter. Revenue from operations grew 12.1% to ₹3,040.4 crore.
• IREDA: The PSU reported a marginal increase in standalone net profit to ₹554 crore in Q2FY27. Revenue from operations rose 14% to ₹2,345 crore, while loan disbursements increased 31% to ₹10,579 crore.
• RailTel Corporation: The company has received a Letter of Acceptance (LoA) from Haryana State Electronics Development Corporation Limited for an order valued at ₹47.40 crore, including taxes.
• SML Mahindra: The company reported a 44.4% year-on-year decline in net profit to ₹11.70 crore for the September quarter, while revenue from operations increased 20% to ₹669.79 crore.
• Canara Bank: MD and CEO Brajesh Kumar Singh stated that the sale of the bank’s subsidiary, Canbank Factors, is expected to be completed during the current financial year, potentially generating approximately ₹80.5 crore for the bank’s balance sheet.

BULK DEALS

• Xpro India: Investor Ashish Kacholia sold 2.22 lakh shares of Xpro India for ₹21.53 crore, representing 0.94% of the company’s paid-up equity capital. The shares were sold at an average price of ₹970.11 per share. As of September 2026, Kacholia held a 2.01% stake in the company, equivalent to 4.71 lakh shares.

Source: Moneycontrol, Business Standard

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