Indian stock markets are expected to see stock-specific action on October 31 as several companies announced quarterly results, project updates, and strategic developments. Here’s a detailed look at the key stocks likely to be in focus today.

Top Stocks to Watch Today

  • Reliance Industries (RIL): Jio offers free Gemini AI Pro Plan worth ₹35,100 for 18 months to young users.

  • Hindustan Unilever (HUL): Gets NCLT approval for demerger of the ice cream business.

  • Bharat Electronics (BEL): Secures new orders worth ₹732 crore.

  • NTPC: Q2 results largely in line with estimates; management commentary remains positive.

  • Dabur India: Q2 in line with expectations; targets high single-digit revenue growth in H2FY26.

  • United Spirits (USL): Q2 above estimates; P&A segment volumes up 8% YoY versus 6–7% expected.

  • Mphasis: Constant currency revenue up 2.2%, dollar revenue up 1.8% QoQ.

  • DLF: Achieved 72% of full-year sales guidance of ₹22,000 crore in H1FY26.

  • Pidilite Industries: Q2 largely in line; consumer business volume growth at 10.3% versus 7–8% expected.

  • Indian Energy Exchange (IEX): EBITDA up 11.4% YoY; margin at 86.7% versus 86% last year.

  • Lodha (Macrotech Developers): EBITDA up 57.4%; margin at 29.2% versus 26.8% YoY.

  • Swiggy: To consider fundraise of up to ₹10,000 crore via QIP; revenue up 54% YoY.

  • Navin Fluorine: Revenue up 46%; EBITDA margin rises to 32.4% versus 20.8% YoY.

  • Welspun Corp: EBITDA up 47.7%; margin at 13.5% versus 12.1% YoY.

  • MTAR Technologies: Bags ₹264 crore international order from an existing customer.

  • BEML: Signs three MoUs worth ₹350 crore with Dredging Corporation of India.

  • LT Foods: EBITDA up 34.7%; margin at 11.19% versus 10.9% YoY.

  • Great Eastern Shipping (G E Shipping): To acquire an Ultramax dry bulk carrier of 63,500 DWT.

  • Narayana Hrudayalaya: UK arm to acquire Practice Plus Group for £188.78 million.

  • IIFL Finance: Swings to profit from loss; AUM up 35%, PPOP up 38% YoY.

  • Datamatics Global Services: EBITDA up 82.2%; margin at 14.1% versus 9.7% YoY.

  • Indegene: EBITDA up 11.7%; revenue up 17.1% YoY.

  • IKS Health: Revenue up 22%; EBITDA up 43% YoY.

  • Restaurant Brands Asia: Revenue up 11%; EBITDA up 12% YoY.

  • Gillette India: EBITDA up 9.1%; margin at 25.6% versus 24.4% YoY.

  • Gravita India: EBITDA up 60.4%; margin at 9.78% versus 6.81% YoY.

  • Dr. Agarwal’s Healthcare: EBITDA up 21%; margin at 28.4% versus 27.7% YoY.

  • Ask Automotive: EBITDA up 16.4%; margin at 13% versus 12% YoY.

  • TD Power Systems: EBITDA and revenue up nearly 48% each; profit up 45% YoY.

  • IFB Industries: EBITDA up 45%; margin at 7.4% versus 5.7% YoY.

  • Bandhan Bank: Weak Q2; NIM down 60 bps QoQ; overall performance below expectations.

  • Manappuram Finance: Asirvad MFI portfolio halved YoY; AUM growth flat.

  • Motilal Oswal Financial Services: Profit down 68%; revenue down 35% YoY.

  • JBM Auto: EBITDA down 5.6%; margin at 11.3% versus 12.9% YoY.

  • Carborundum Universal: EBITDA down 19.8%; margin at 12% versus 16% YoY.

  • Automotive Axles: EBITDA down 5.4%; profit and margin flat YoY.

  • V2 Retail: To raise up to ₹400 crore via QIP; indicative price at 8.2% discount to CMP.

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. Author or Business Upturn is not liable for any losses arising from the use of this information.