Nifty | Sensex | Stock Market LIVE October 15: Nifty closes at 25,328, Sensex ends 598 pts higher as Bajaj Finance, Trent, and Asian Paints lead gains

Bharti Airtel on Wednesday announced a strategic partnership with IBM to enhance its recently launched Airtel Cloud platform, aiming to strengthen its cloud and AI infrastructure offerings for enterprises in India.

Short-seller Viceroy has obtained the Ministry of Petroleum and Natural Gas’ objection to Vedanta’s demerger application.

Kolte-Patil Developers shares fell 1.74% to Rs 409.30 after Q2 FY26 updates showed a 13% YoY drop in sales to Rs 670 crore, though collections and average realisations rose. The company sold 0.86 msf, down 17% YoY but up 2% QoQ, with average realisation at Rs 7,823/sq. ft. Collections reached Rs 596 crore. MD Rajesh Patil remained optimistic on sector growth.

According to the company’s filing, the search operation concluded on October 14, 2025, and the company emphasized that its business operations remain unaffected. G R Infraprojects did not disclose further details regarding the nature or outcome of the search.

Cyient DLM shares fell over 3% after Q2 results. Net profit more than doubled to ₹32 cr YoY, while revenue dropped 20.3% to ₹310.6 cr. EBITDA remained stable at ₹31.1 cr, with margin improving to 10%, reflecting better cost management.

Thyrocare Technologies shares surged 11% after reporting 22% YoY revenue growth to ₹216.5 crore and a 47.5% rise in EBITDA to ₹71.3 crore, with margins expanding to 32.9%. The company announced its first-ever bonus issue of 2 shares for every 1 held and an interim dividend of ₹7 per share, with the record date set for October 24, 2025.

Persistent Systems shares rise over 3% after Q2 results. Net profit up 10.9% QoQ at ₹471 Cr, revenue up 7.4% at ₹3,580 Cr. EBIT grows 12.6% to ₹583 Cr, margin improves to 16.3%. Dollar revenue at $406.2 m beats estimates, with CC growth at 4.4%.

Company secured a Rs 306 crore order, taking its total order book to Rs 2,212 crore.

Company bagged a Rs 638 crore solar module order, boosting its renewable energy order book.

Saatvik Green Energy jumps 7%, Persistent up 3.5%, Mishra Dhatu 3%, Thyrocare 15%

Morgan Stanley and Elara reaffirmed Positive views, with target prices between Rs 562 and Rs 569.

Morgan Stanley assigned an Equal Weight rating with a Rs 605 target.

Goldman Sachs and Elara remained Neutral near Rs 650–690, while Nuvama stayed Buy with a Rs 770 target.

Jefferies maintained a Hold rating, setting a Rs 3,100 target amid stable growth forecasts.

Nomura initiated coverage with a Buy rating and a target price of Rs 1,800 per share.

Citi reiterated Buy with a Rs 300 target; CLSA held a Hold view with Rs 260 per share.

Nomura maintained Buy at Rs 1,670; Goldman Sachs and Emkay remained Neutral to Reduce with lower targets near Rs 1,410–1,450.

Nuvama kept a Buy rating with a Rs 7,000 target; HSBC raised its target to Rs 6,000 with a Hold stance.

A total of 50 companies are scheduled to report their Q2 FY26 results on Wednesday, October 15, 2025. Key names include Axis Bank, Indian Railway Finance Corporation (IRFC), HDB Financial Services, Tata Communications, HDFC Life Insurance, and L&T Finance.

Several firms may also announce interim dividends alongside their earnings. Other notable names reporting today include Oberoi Realty, KEI Industries, MRPL, Angel One, Nuvoco Vistas, Network18, Tips Music, Heritage Foods, Rossari Biotech, Delta Corp, and Huhtamaki India. Smaller companies like Urja Global, KSolves India, Advik Capital, GSB Finance, and Genomic Valley Biotech are also on the results list.

Mini Diamonds (India) Limited (MDIL) has announced the receipt of a major export order worth USD 1.5 million (approximately Rs 13.35 crore) from Diasqua International Limited, a Hong Kong-based client, for the supply of lab-grown cut and polished diamonds.

The company reported a sharp moderation in operational performance for Q2 FY26, with area booked falling to 4.13 lakh sq. ft. from 7.30 lakh sq. ft. in Q2 FY25. The total value of area sold declined 56% YoY to ₹303.43 crore from ₹673.05 crore and 30% QoQ from ₹430.97 crore.

Elara upgraded to Buy with a target of Rs 2,250, while Nuvama and HSBC maintained Buy ratings with targets up to Rs 2,340.

RBL Bank and Sammaan Capital are placed under the F&O ban list on Tuesday, October 15, as they crossed 95% of the market-wide position limit. Trading in the cash market remains permitted.