Indian equity markets are expected to open on a cautious note on Wednesday, October 15, with several key corporate developments likely to drive stock-specific action. Here are the top stocks in focus for today’s trade:
Positive developments
Saatvik Green: The company has bagged a major solar order worth Rs 638.85 crore, boosting its renewable energy order book.
Mishra Dhatu Nigam: The defence alloy manufacturer has secured a Rs 306 crore contract, strengthening its presence in strategic metals.
Godrej Properties: The company acquired a 26-acre land parcel near Sarjapur Road, Bengaluru, with an estimated revenue potential of Rs 1,000 crore.
Muthoot Finance / Manappuram Finance: Gold loan financiers may remain in focus as spot gold prices hit a new record of $4,179.95 per ounce, rising nearly 1%.
Lemon Tree Hotels: The hospitality chain signed a pact to operate a 54-room property in Gujarat, expanding its presence in the western market.
Insolation Energy: The firm incorporated two special purpose vehicles (SPVs) to develop new solar power plants.
Crompton Greaves Consumer: The company introduced Star Param JB Downlighters (5W, 7W, 9W) under its domestic B2C lighting segment.
Sonata Software: The IT services provider partnered with Adesso to deliver AI-driven modernization solutions to global enterprises.
Navneet Education: The company established a new manufacturing unit for plastic moulding items in Gujarat.
HCL Technologies: The tech major joined hands with GSMA to accelerate innovation through the GSMA Open Gateway initiative.
Jaiprakash Associates: The Competition Commission of India (CCI) approved its acquisition by Vedanta Group.
LG Electronics India: The company unveiled its new “Essential Series” home appliances, tailored for Indian households, to launch in November 2025 with prices starting at Rs 18,000.
Arihant Academy: The education firm opened its 37th study centre in Thane (West), Mumbai.
DCM Shriram: The company commissioned a 35,000 TPA ECH plant in Gujarat; the remaining 17,000 TPA capacity is set to start soon.
Carraro India: The company received a Rs 17.5 crore contract, strengthening its order inflow.
Deep Diamond India: The board will meet on October 17 to discuss entry into AI-based healthcare using facial-scan technology.
Cyient DLM: Posted a strong set of numbers with net profit rising to Rs 32 crore (vs Rs 15 crore YoY) on revenue of Rs 311 crore (vs Rs 389 crore YoY).
Thyrocare Technologies: Net profit increased to Rs 48 crore (vs Rs 27 crore YoY), with revenue up to Rs 217 crore (vs Rs 177 crore YoY).
Rama Phosphates: Reported a net profit of Rs 17.28 crore against Rs 3.08 crore YoY, on revenue of Rs 245.66 crore.
Neutral developments
Dalmia Bharat: The company denied reports regarding the acquisition of a Rs 5 billion cement plant.
Refex Renewables: The company will divest a 74% stake in its subsidiary Flaunt Solar Energy for Rs 74,000, while retaining control through optionally convertible debentures.
Persistent Systems: Reported net profit of Rs 471 crore vs Rs 425 crore YoY, with revenue at Rs 3,581 crore.
Tech Mahindra: Quarterly profit stood at Rs 1,195 crore, below estimates of Rs 1,317 crore, while revenue came in at Rs 13,995 crore.
Ola Electric: The EV maker will launch a new energy product on October 17, 2025.
ICICI Lombard: Reported a net profit of Rs 819.5 crore (vs Rs 693.9 crore YoY), with gross premium at Rs 7,058.9 crore.
Phantom Digital Effects: Appointed Rajesh Kumar Samal as Company Secretary and Compliance Officer, effective October 14, 2025.
Uno Minda: ICRA reaffirmed its [ICRA] A1+ rating on the company’s commercial paper, with a Stable outlook.
Yash Innoventures: Announced the resignation of CFO Naresh Prajapat, effective October 1, 2025.
Keystone Realtors: Set the floor price at Rs 550 per share for its upcoming offer for sale (OFS), with promoters selling up to 3.63% stake.
Kolte-Patil Developers: Reported Q2 FY26 sales value of Rs 6.7 billion, up 9% QoQ, but down 13% YoY.
Sula Vineyards: Reported stable revenue in Q2 FY26, with record wine tourism income, though own-brand sales softened due to Telangana market disruptions.
GTPL Hathway: Reported net profit of Rs 7.4 crore vs Rs 13.74 crore YoY, while revenue rose to Rs 959.05 crore vs Rs 855.56 crore.
Star Cement: The company’s board approved a fund raise of up to Rs 1,500 crore via private placement, preferential issue, or rights issue.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
