Indian equity markets staged a recovery on Monday, snapping a four-session losing streak as the benchmark NSE Nifty 50 rose 153 points, or 0.68%, to close at 22,753.
A sustained move above the 20-day exponential moving average (EMA), placed at 22,820, Pabitro Mukherjee, Deputy Vice President–Research at Bajaj Broking, said, could signal a further pullback towards the 23,100–23,200 resistance zone. Failure to cross 22,820 could extend the consolidation seen over the previous two sessions within the 22,370–22,820 range.
Against this backdrop, several stocks including Paytm, Tata Consumer, Dalmia Bharat, REC, DCM Shriram, and others are likely to remain in focus on Tuesday, October 27, as investors track September-quarter earnings, fundraising plans, credit rating updates, regulatory developments and new business wins.
Defence and space technology-related stocks will be in focus after the Defence Acquisition Council (DAC) accorded Acceptance of Necessity (AoN) to capital acquisition proposals worth around Rs 2.12 lakh crore for the armed forces.
According to the Ministry of Defence, around 82% of the approved procurements will be sourced from Indian industry, providing a push to defence modernisation and domestic procurement.
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Fintech major Paytm reported a 976% year-on-year increase in consolidated net profit to Rs 226 crore for the second quarter of FY27, compared with Rs 21 crore in the corresponding quarter last year.
Revenue from operations rose 28% year-on-year to Rs 2,648 crore during the reporting period.
Tata Consumer Products reported a 16% year-on-year increase in consolidated net profit to Rs 470 crore for the September quarter. Revenue from operations rose 14% to Rs 5,661 crore.
Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 18% year-on-year to Rs 794 crore during the quarter.
Dalmia Bharat reported a net loss of Rs 205 crore in Q2 FY27, compared with a net profit of Rs 239 crore in the year-ago quarter. The results included a one-time exceptional loss of Rs 339 crore.
Revenue increased 4.3% year-on-year to Rs 3,563 crore, while EBITDA declined 29.2% to Rs 493 crore. EBITDA margin contracted to 13.84% from 20.37% a year earlier.
The company declared an interim dividend of Rs 4 per share, with October 30, 2026, set as the record date.
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DCM Shriram reported a 34.09% year-on-year decline in net profit to Rs 105 crore for Q2 FY27, while revenue increased 21% to Rs 4,151 crore.
EBITDA declined 5.8% to Rs 291 crore, and EBITDA margin narrowed to 7.02% from 9% in the corresponding period last year.
The company plans to invest up to Rs 50 crore in its Shriram Teknor joint venture, Rs 60 crore in filter presses at its Kota cement plant, Rs 145 crore in a solar power plant at Kota and Rs 120 crore in additional electrolysers at Kota and Bharuch.
Sona BLW Precision Forgings reported a 29.9% year-on-year increase in net profit to Rs 223.4 crore in Q2 FY27, compared with Rs 172 crore a year earlier.
Revenue rose 35.2% to Rs 1,546.4 crore, while EBITDA increased 23.3% to Rs 356.2 crore. EBITDA margin, however, declined to 23% from 25.2% in the year-ago period.
Tamilnad Mercantile Bank reported its highest-ever quarterly net profit at Rs 451 crore for the July-September quarter, compared with Rs 317 crore in the corresponding period last year.
Net profit increased 42% year-on-year, supported by higher net interest income and improved cost-cutting measures.
Bank of Maharashtra reported a 41.5% year-on-year increase in second-quarter net profit to Rs 2,310 crore, compared with Rs 1,633 crore in the year-ago period.
The bank's return on assets improved to 2.02% in the September quarter from 1.82% a year earlier.
ALSO READ: Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%
WeWork India Management reported revenue of Rs 768.7 crore, up 10.1% sequentially and 31.6% year-on-year.
EBITDA stood at Rs 162.9 crore, increasing 17.8% quarter-on-quarter and 37.6% year-on-year. EBITDA margin improved to 21.2%, up 138 basis points sequentially and 92 basis points year-on-year.
Profit after tax (PAT) rose to Rs 65.8 crore, up 23.7% quarter-on-quarter and 67.4% year-on-year. PAT margin stood at 8.6%, expanding 94 basis points sequentially and 183 basis points year-on-year.
REC
REC reported a 21.2% year-on-year decline in net profit to Rs 3,478 crore in Q2 FY27, compared with Rs 4,415 crore in the year-ago period.
Net interest income fell 9% to Rs 5,478 crore from Rs 6,022 crore a year earlier.
The company also declared a second interim dividend of Rs 3.50 per equity share of face value Rs 10 for FY27.
Brigade Hotel Ventures reported a twofold increase in net profit to Rs 22 crore in Q2 FY27, compared with Rs 11 crore in the corresponding quarter last year.
Revenue grew 10% year-on-year to Rs 138.2 crore, while EBITDA increased 29.4% to Rs 48.17 crore. EBITDA margin improved to 34.85% from 29.61% a year earlier.
Highway Infrastructure received a Letter of Acceptance (LOA) worth Rs 91,77,77,777, or approximately Rs 91.78 crore, from the National Highways Authority of India (NHAI).
The award, issued on October 26, 2026, relates to operations at Baiti Kala Fee Plaza in Uttar Pradesh.
New Delhi Television Limited proposed raising up to Rs 800 crore through the issuance of unsecured, non-convertible perpetual debentures on a private placement basis.
The fundraising may be undertaken in one or more tranches, subject to applicable regulatory and statutory approvals.
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Aequs reported a net loss of Rs 52.3 crore in Q2 FY27, compared with a loss of Rs 21 crore in the year-ago period.
Revenue increased 45% year-on-year to Rs 409 crore, while EBITDA declined 51.7% to Rs 14 crore. EBITDA margin contracted to 3.37% from 10% a year earlier.
Astec LifeSciences reported consolidated total income of Rs 72.6 crore in Q2 FY27, compared with Rs 74.8 crore in Q2 FY26.
Consolidated EBITDA stood at a loss of Rs 19.2 crore, against a loss of Rs 5.6 crore in the year-ago quarter. The company reported a loss after tax of Rs 37.4 crore, compared with Rs 24.4 crore a year earlier.
Rollatainers' board approved the allotment of 13,45,29,149 convertible warrants at Rs 2.23 per warrant, including a premium of Rs 1.23, aggregating to approximately Rs 30 crore, on a preferential basis to promoter and non-promoter allottees.
The company received 25% of the total consideration, amounting to approximately Rs 7.5 crore. The remaining 75% is payable upon exercise of the warrants, in accordance with the applicable regulatory provisions. The warrants may be exercised in one or more tranches within 18 months from the date of allotment.
The board also approved the proposed acquisition of equity shares in Satelite Forgings Private Limited from its existing shareholders through a share purchase agreement dated October 26, 2026. Upon completion of the acquisition, Satelite Forgings will become a wholly owned subsidiary of Rollatainers.
Larsen and Toubro, Maruti Suzuki India, Bajaj Auto, Tata Steel, SBI Life Insurance Company, Tata Capital, Cipla, Indus Towers, Mazagon Dock Shipbuilders, JSW Infrastructure, Steel Authority of India, Waaree Energies, Radico Khaitan, Schaeffler India, Max Financial Services, Star Health & Allied Insurance Company, United Breweries, Honeywell Automation, Acutaas Chemicals, Piramal Pharma, AWL Agri Business, Capri Global Capital, ACC, Allied Blenders & Distillers, JSW Cement, OneSource Specialty Pharma, Sky Gold and Diamonds, Syngene International, Concord Biotech and PG Electroplast.
Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
