Indian stock markets are set for an active trading session on November 12, 2025, as several companies announced their quarterly earnings and major business developments. Investors are expected to focus on stocks that showed strong performance or reported significant news. Here’s a detailed look at the top stocks likely to be in the spotlight today.
Top Stocks to Watch on November 12, 2025
Biocon: The company reported Q2 earnings above estimates, with EBITDA rising 22% year-on-year (YoY), signaling solid operational growth.
Max Financial Services: Posted better-than-expected Q2 results. Value of New Business (VNB) increased 25%, and Total Annualized Premium Equivalent (APE) grew 16% YoY.
Bharat Forge: The company’s subsidiary secured an order worth ₹250 crore for supplying unmanned underwater systems, strengthening its defence portfolio.
Fortis Healthcare: EBITDA rose 28% YoY, with margins improving to 24% from 22.6%.
BSE Ltd: Despite the recent change in expiry day, turnover data remained robust. Operational revenue increased by 11.5% quarter-on-quarter (QoQ).
JB Chemicals: Reported strong performance with EBITDA up 14.4% YoY and margins improving to 28.5% from 27%.
Bikaji Foods: EBITDA rose 25.6% YoY, while margins expanded to 13.8% from 12.7%, supported by higher sales volumes.
Torrent Power: EBITDA increased 25% YoY, with margins rising to 19% from 17%, reflecting operational efficiency.
Hexaware Technologies: Announced the expansion of its Google Cloud partnership with the launch of advanced insurance solutions.
Gujarat Fluorochemicals: Posted a 23.4% YoY rise in EBITDA, with margins improving to 30% from 24.8%.
Paras Defence: Received defence orders worth ₹40 crore, adding to its order book visibility.
Waaree Energies: Secured a contract for the supply of 360 MW of solar modules, supporting the renewable energy sector growth.
Awfis Space Solutions: EBITDA increased 32.7% YoY, with margins improving to 36% from 34.1%.
IOL Chemicals: EBITDA jumped 37% YoY, and margins improved to 10% from 7.9%, driven by better realizations.
Zaggle Prepaid: Reported strong numbers, with revenue up 43% and net profit rising 73% YoY.
Aavas Financiers: Assets under management (AUM) grew 16%, and net interest margin (NIM) rose by 26 basis points YoY.
Dhampur Sugar: Revenue rose 23% YoY, reversing from an EBITDA loss in the same period last year to positive growth this quarter.
Pearl Global: EBITDA improved 24% YoY, with margins at 9.2% versus 8% last year.
Kirloskar Oil Engines: Revenue rose 30% YoY, while EBITDA increased 28.5%, reflecting strong demand trends.
Landmark Cars: Reported a turnaround with a net profit versus a loss last year. Revenue grew 33.5% YoY.
Transrail Lighting: EBITDA climbed 33% YoY, while net profit surged 65%, supported by strong order execution.
PTC India: Revenue rose 12% YoY, with EBITDA improving 17.7%, driven by stable power trading volumes.
Cosmo First: Revenue increased 21% YoY, and EBITDA rose 19%, supported by demand recovery.
Onesource: EBITDA jumped 38% YoY, with margins improving to 28.43% from 23.26%.
Thermax: Missed street estimates as EBITDA declined 38% YoY due to weaker order inflows.
CONCOR: EBITDA remained flat YoY, with margins slightly down at 24.5% versus 25.5%.
Tata Power: Posted a muted quarter with EBITDA down 12% YoY due to softer renewable energy contributions.
PI Industries: EBITDA fell 13%, and revenue declined 16% YoY amid weak demand.
RVNL: EBITDA declined 20.6% YoY, and margins dropped to 4.2% from 5.6%.
Kolte Patil Developers: Reported an EBITDA loss against last year’s profit, while the Group CEO resigned, raising management concerns.
Gokaldas Exports: EBITDA slipped 7% YoY, and margins narrowed to 6.6% from 7.5%.
Emcure Pharmaceuticals: Reuters reported that Novo Nordisk has reduced the price of its obesity drug Wegovy by up to 37% in India, which could influence Emcure’s market dynamics.
ESAF Small Finance Bank: Gross NPA rose to 8.54% from 7.48% sequentially, and NII declined 32.5% YoY.
EIH Ltd: EBITDA dropped 12% YoY, and margins contracted to 25.8% from 29.6%.
Godrej Industries: EBITDA fell sharply by 76.5% YoY, with margins shrinking to 2.7% from 11.9%.
Centum Electronics: EBITDA slipped 5.2% YoY, with margins at 6.3% versus 7.5% last year.
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