Shares of Reliance Industries, Jio Financial Services, Tata Technologies, HDB Financial Services and Wipro are among the stocks investors may track on Thursday, October 15. Quarterly earnings announcements, developments related to Jio Platforms’ IPO and company-specific updates are likely to keep these stocks in focus.
The Indian stock market ended lower on Wednesday as higher-than-expected wholesale inflation and rising crude oil prices prompted investors to book profits. Market participants will also be watching the second-quarter financial results of several major companies scheduled for release today.
Q2 FY27 Results to Watch on October 15
Several listed companies are expected to announce their second-quarter results for the financial year 2026-27 on Thursday.
The list includes Nestle India, Tech Mahindra, Polycab India, HDFC Life Insurance, Indian Railway Finance Corporation, HDFC Asset Management Company, Persistent Systems, Tata Communications, Angel One, L&T Finance, South Indian Bank and IIFL Finance.
Investors will monitor the reported earnings and management commentary for updates on business performance and future prospects.
Reliance Industries, Tata Technologies and HDB Financial Services
Reliance Industries: Jio Platforms, the digital and telecom subsidiary of Reliance Industries, has filed a red herring prospectus for its proposed initial public offering (IPO). The company has set a price band of ₹1,065 to ₹1,119 per share and plans to issue up to 270 million equity shares. The offering could become the largest IPO in the Indian market, making the development an important factor for investors tracking Reliance Industries shares.
Tata Technologies: The company’s consolidated net profit declined nearly 5% year-on-year to ₹171.4 crore in the second quarter of FY27, compared with ₹181 crore in the corresponding period last year. However, its business recorded growth in other areas. Revenue in US dollars on a constant-currency basis increased 22% year-on-year, while services revenue rose 26%. The company expects strong double-digit growth for the full financial year.
HDB Financial Services: The company reported a 34% year-on-year increase in net profit for the September quarter, reaching ₹780 crore against ₹581 crore a year earlier. Net interest income grew 15.5% to ₹2,534 crore from ₹2,193 crore in the corresponding period last year. The board also approved an interim dividend of ₹2 per equity share with a face value of ₹10.
Jio Financial Services, Wipro and IDBI Bank
Jio Financial Services and Wipro: Both companies are scheduled to announce their second-quarter results on Thursday. Their financial performance, management commentary and outlook for future business growth will be key areas of interest for investors.
IDBI Bank: The Cabinet Committee on Economic Affairs has approved the strategic restructuring of IDBI Bank through a transaction valued at ₹52,878 crore. Fairfax Financial has been selected as the qualified bidder for the stake sale. Following the restructuring, the government and Life Insurance Corporation of India (LIC) will collectively hold a 34% stake in the entity, according to the information provided.
Punjab National Bank and Aeroflex Industries
Punjab National Bank: The Reserve Bank of India (RBI) imposed penalties on Punjab National Bank for non-compliance with operational rules governing currency chests under the central bank’s master directions.
The penalties included ₹2,91,750 on September 9, 2026, and three amounts of ₹1,33,800, ₹1,34,600 and ₹2,99,600 on September 11, 2026.
The bank said the matter was operational in nature and that the penalties had been deducted directly from its account with the RBI. These deductions came to light during periodic reconciliation. PNB also stated that it is strengthening its reporting systems to identify such deductions promptly in the future.
Aeroflex Industries: The company plans to invest ₹202 crore to expand its manufacturing capacity for stainless steel hoses, hose assemblies and liquid cooling systems. The expansion is targeted for completion by March 2028.
Investors tracking these stocks should review the latest company announcements and financial disclosures, as market movements may depend on the details of individual developments and quarterly results.
Disclaimer: This article is intended solely for informational purposes and should not be treated as investment advice or a recommendation to buy or sell any security. It does not endorse or recommend subscribing to any IPO or investing in shares, mutual funds, precious metals, commodities, REITs, InvITs, alternative investment instruments or crypto assets. Investors should conduct their own research and consider their financial objectives and risk tolerance before making investment decisions.
