Stocks to Watch: On Friday, October 17, investors will keep an eye on the stocks of 11 major companies in the stock market. These companies have shared important updates like quarterly results, dividends and big transactions. Due to this, a big movement can be seen in their shares.
IT company Wipro’s revenue in the September quarter increased from Rs 22,080 crore to Rs 22,641 crore on a quarterly basis. That means an increase of about 2.5%. This is slightly less than the market estimate of Rs 22,700 crore. On Thursday, the company’s shares closed at Rs 253.70 with a rise of 1.39%.
The profit of veteran IT firm Infosys increased by 6.4% to Rs 7,365 crore compared to the first quarter. The company’s income increased to Rs 44,490 crore as compared to Rs 44,279 crore in the previous quarter. The company declared a dividend of Rs 23 per share for investors.
Tata Group’s agrochemical company Rallis India’s net profit increased by 4% year-on-year to Rs 102 crore. However, revenue declined by 7.2% to Rs 861 crore. It was Rs 928 crore in the same quarter last year.
Tech company Cyient Ltd declared an interim dividend of Rs 16 per equity share (320%) for FY26. The company’s profit declined by 28.8% to Rs 127.5 crore in the September quarter. Last year it was Rs 179 crore. Revenue fell 3.7% to Rs 1,781 crore.
Punjab and Sind Bank’s profit increased from Rs 240 crore to Rs 295 crore on an annual basis. Net interest income (NII) also increased from Rs 873.8 crore to Rs 950 crore.
BEML Ltd signs agreement with KINECO Ltd to strengthen cooperation in aerospace and defense sector. The company’s shares closed 0.81% lower at Rs 4,435 on Thursday.
Metro Brands’ profit declined 4.2% to Rs 69 crore in the September quarter. At the same time, revenue increased by 11.2% to Rs 651 crore. Last year, in the same quarter, profit was Rs 72 crore and revenue was Rs 585.5 crore.
LTIMindtree’s profit increased by 10.1% from the first quarter to Rs 1,381.2 crore. Revenue grew 5.6% quarter-on-quarter to Rs 10,394.3 crore. The CNBC-TV18 poll estimated profit at Rs 1,227 crore and revenue at Rs 10,308 crore.
Jio Financial Services Ltd
Jio Financial Services’ Q2 FY26 profit rose 0.9% year-on-year to Rs 695 crore. The company’s revenue increased by 41.5% to Rs 981.4 crore. Revenue in the same quarter last year was Rs 693.5 crore.
KNR Ramanattukara Infra Private Ltd (KRIPL), a subsidiary of infrastructure firm KNR Constructions Ltd, has entered into a settlement agreement with the National Highway Authority of India (NHAI). Under this agreement, KRIPL will build a 377 meter long viaduct at its own expense and will complete it by February 28, 2026.
Malaysia’s IHH Healthcare Bhd has launched a mandatory open offer to acquire an additional 26.1% stake in Fortis Healthcare Ltd. The move is part of a larger transaction. This also includes preferential allotment of new shares and parallel offer for Fortis Malar Hospitals Ltd.
‘GST on delivery charges dealt a blow to Zomato’s growth’, says Eternal’s CFO after quarterly results
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