→ Eicher Motors: Citi maintains buy, cuts target price to Rs 7,750 from Rs 7,850
→ Eicher Motors: Morgan Stanley maintains equal-weight, cuts target price to Rs 7,190 from Rs 7,201
→ Muthoot Fin: CLSA on Muthoot Fin O-P, target price raised to Rs 4,000
→ Prestige: Nomuras call on Prestige, target price raised to Rs 1,950
→ Jubilant Foodworks: CITI on Jubilant Foodworks Buy, target price Rs 800
→ Jubilant Foodworks: HSBC on Jubilant Foodworks upgrade to Buy, target price Rs 660
→ Alkem Labs: Nomura on Alkem Labs Buy, target price Rs 6,860
→ Jubilant Foodworks: CLSA on Jubilant Foodworks U-P, target price Rs 477
→ Delphi World Money: Board Approves Rights Issue Completion, Shares split from INR 10 to INR 2, issues bonus shares in 2:1 ratio, raises authorized share capital to INR 50 crore
→ ITC Ltd.: Rs 2,035.82 crores NSE block trade; for ~50,642,408 shares, at Rs 402.00
→ Jubilant Foodworks: Jefferies on Jubilant Foodworks Buy, target price Rs 1,000
→ Jubilant Foodworks: Guidance - Company guided for minimum 200 basis points EBITDA margin improvement over three years from FY24 base
→ Alkem Labs: HSBC on Alkem Labs Hold, target price raised to Rs 5,170
→ Hero Moto: Citi on Hero Moto maintains buy with a target price of Rs 6,100
→ Tata Steel: Nomuras call on Tata Steel, target price at Rs 215
→ Voltas: Jefferies on Voltas Buy, target price Rs 1,670
→ Voltas: CLSA on Voltas U-P, target price Rs 1,170
→ Muthoot Fin: Bernstein on Muthoot Finance maintains outperform; hikes target price to Rs 3,400
→ Kotak Mahindra Bank: Board to consider stock split proposal on November 21
→ ACME Solar Holdings: Subsidiary receives compensation of 474 million rupees due to a change in law related to GST hikes and new customs duties
→ Capital India Finance: Q2 consolidated net profit 460M rupees vs 5M (YoY), Q2 revenue 1.3B rupees vs 1.4B (YoY)
→ Nirlon: Q2 standalone net profit 1.48B rupees vs 565M (YoY), Q2 revenue 1.65B rupees vs 1.6B (YoY), Q2 EBITDA 1.29B rupees vs 1.29B (YoY), Q2 EBITDA margin 78.29% vs 80.28% (YoY)
→ Glenmark Pharma: Q2 EBITDA 23.6B rupees vs 6.1B (YoY), Q2 EBITDA margin 39.03% vs 17.88% (YoY)
→ Tata Motors: JLRs second quarter results hit by cyber attack and US tariffs; production now back to normal after UK cyber attack
→ Glenmark Pharma: Q2 consolidated net profit 6.1B rupees vs 3.54B (YoY), Q2 revenue 60.5B rupees vs 34B (YoY)
→ Urja Global: Company launches new ‘URJA’ electric scooter battery & charger on Nov 14
→ Capital India Finance: Company has exceptional item of 1.06B rupees, Q2 LBT 541M rupees vs loss 8M (YoY)
→ India Glycols: Q2 consolidated net profit 651M rupees vs 497M (YoY), Q2 revenue 24.1B rupees vs 21.4B (YoY)
→ Exide Industries: Q2 standalone net profit 2.2B rupees vs 3B (YoY), Q2 revenue 41.8B rupees vs 42.7B (YoY)
→ India Glycols: Q2 EBITDA 1.6B rupees vs 1.2B (YoY), Q2 EBITDA margin 6.63% vs 5.6% (YoY)
→ BEML: Signs agreement with APMB, DMRC, and UTIPL for a real-time automatic cargo evacuation system
→ Tata Motors: JLR executive promises to launch the electric Range Rover next year
→ Isgec Heavy Engineering: Guidance for FY26, management expects revenue and profits to increase by 7–8%. For FY27, they expect significant revenue growth driven by increased order book and new manufacturing initiatives
→ Isgec Heavy Engineering: Guidance—planned capex under implementation is approximately Rs 230 crores. Once all expansions are complete, manufacturing revenue is expected to reach Rs 3,200–3,300 crore
→ Tata Motors: Executive states company maintains strong booking momentum in passenger vehicles
→ Dilip Buildcon: Guidance—revenue guidance for FY26 has been reduced from INR 8,500 crores to INR 8,000 crores due to slower than expected pace of new orders (concall update)
→ Brainbees Solutions: Guidance - For India multi-channel business, management expects H2 FY26 growth to be higher than H1 FY26 – concall update
→ Puravankara: CEO says that 3.2 million square feet commercial development, almost 2 million expected to get occupancy certificates this financial year; projects set to yield Rs 1,870 crore
→ Pace Digitek: Company wins 9.3 billion rupee contract, market cap at 45 billion rupees
→ NBCC: Company secures new work orders valued at ₹498 crore
→ TVS Motor Company Ltd.: Rs. 105.69 crores NSE block trade for ~309,699 shares, at Rs. 3412.80
→ Oswal Pumps: Guidance - PAT margins expected in the range of 17.5–19%. Company expects to install 65,000–75,000 pumps this fiscal year; cost savings of at least 100 basis points are expected
→ Hero Motocorp: Guidance - Company expects 8–10% industry growth in H2 FY26. For full year FY26, management expects industry growth around 5–6% – concall update
→ Max Healthcare: Management says it expects a favourable impact of rupees 200 crore once the revised CGS norms kick in – concall updates
→ Unicommerce Esolutions: Raymond partners with Unicommerce to enhance online retail operations; integration of Uniwire platform for order and warehouse management; aiming for seamless customer experience
→ Ahluwalia Contracts: Q2 EBITDA 1.3B rupees vs 734M (YoY), Q2 EBITDA margin 10.92% vs 7.25% (YoY)
→ Saatvik Green: Company secures contract valued at ₹178 crore
→ Ltimindtree: Convatec selects company for SAP transformation
→ Exide: Company says that given the government schemes and the cut in GST rates, the company expects to scale up the solar business very quickly to the aspirational levels – concall updates
→ Cyient Limited: Company launches Indias first-generation IP powered silicon chip ARKA GKT-1 in collaboration with Azimuth AI; designed for high-efficiency edge AI and smart energy applications
→ Puravankara: Company signs lease agreement with IKEA for retail space at Purva Zentech Park in Bengaluru; IKEA will use 1.2 lakh sq ft over two floors; project expected to finish by early 2026
→ Dixon Tech: Ashwini Vaishnaw says company is planning to increase laptop production in India to 30% of global production
→ KEC International: Company secures new order valued at ₹1016 crore
→ Due to abnormal volatility in TMPV, NSE may increase margin. Please ensure sufficient availability of margin to avoid penalty through the exchange
→ Bharti Airtel Ltd.: Rs. 28.41 crores NSE block trade for ~134,529 shares, at Rs. 2111.60
→ Kings Infra: Andhra Pradesh government signs MOU with Kings Infra for ₹2,500 crore, 500-acre Kings Maritime Aquaculture Technology Park
→ LG Electronics: Nomura on LG Electronics, buy, target price Rs 1900
→ Bharat Forge: UBS on Bharat Forge, sell, target price raised to Rs 1230
→ Tata Motors: Jefferies maintains 'Underperform' on Tata Motors with price target of Rs 300
→ Bharti Airtel Ltd.: Rs. 92.16 crores NSE block trade for ~434,675 shares, at Rs. 2120.30
→ Bharti Airtel Ltd.: Rs. 55.17 crores NSE block trade for ~260,157 shares, at Rs. 2120.80
→ Tata Motors PV: Jefferies on Tata Motors PV, underperform, target price Rs 300
→ Brainbees Solutions: Morgan Stanley maintains 'Overweight' on Brainbees Solutions with price target of Rs 417
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