IDBI Bank, Dr Reddys Labs, RIL, Enviro Infra, Om Power Transmission, Bajaj Consumer, HDB Financial, and ICICI Lombard are in focus on 15 October. Many companies will release quarterly earnings today. Meanwhile, Canada Inc got approval to buy a 60.72% stake in IDBI Bank for Rs 52,878 crore from the government.
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Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
HDFC Life Insurance Company, Jio Financial Services, Nestle India, Tech Mahindra, Wipro, HDFC Asset Management Company, 360 ONE WAM, Angel One, Armee Infotech, Cyient DLM, IIFL Finance, Indian Bank, Sri Lotus Developers and Realty, L&T Finance, Persistent Systems, Polycab India, South Indian Bank, Sterling and Wilson Renewable Energy, Tata Communications, and UCO Bank will release their quarterly earnings today.
Quarterly Earnings
ICICI Lombard General Insurance Company Q2 (YoY)
Profit grows 15.47% to Rs 946.4 crore Vs Rs 819.54 crore
Net premium earned surges 17.7% to Rs 6,651.87 crore Vs Rs 5,651.7 crore
Total income zooms 19.2% to Rs 7,843.7 crore Vs Rs 6,582.7 crore
Underwriting loss widens to Rs 318.38 crore Vs Rs 178.36 crore
Board approves interim dividend of Rs 7 per share
HDB Financial Services Q2 (YoY)
Profit zooms 34.2% to Rs 780.2 crore Vs Rs 581.4 crore
Net interest income rises 15.6% to Rs 2,533.7 crore Vs Rs 2,192.5 crore
Bajaj Consumer Care Q2 (Consolidated YoY)
Profit spikes 65.9% to Rs 70.2 crore Vs Rs 42.3 crore
Revenue grows 25.5% to Rs 332.8 crore Vs Rs 265.3 crore
Stocks to Watch
Reliance Industries (RIL)
Jio Platforms, a subsidiary of Reliance Industries, will open its Rs 30,187.6-crore initial public offering (IPO) for public subscription on October 21 and close the issue on October 23. The price band has been fixed at Rs 1,065–1,119 per share. The IPO comprises a fresh issue of 27 crore equity shares.
The issue includes a reservation of shares worth up to Rs 500 crore for eligible employees of Jio Platforms and shares worth up to Rs 2,500 crore for eligible shareholders of Reliance Industries. The one-day anchor book will open on October 19.
IDBI Bank
Fairfax Financial Holdings-backed Canada Inc has been approved as the strategic buyer of IDBI Bank, with the government and Life Insurance Corporation of India (LIC) set to divest a combined 60.72% stake for Rs 52,878 crore.
The government will divest a 30.48% stake in the bank, while LIC will sell its 30.24% stake. Canada Inc will acquire the shares at Rs 81 apiece.
Following the transaction, the government will retain a 15% stake in IDBI Bank, while LIC will continue to hold 19%.
Dr Reddy's Laboratories
The United States Food and Drug Administration (USFDA) has completed a pre-approval inspection (PAI) at the company's FTO-9 manufacturing facility in Visakhapatnam, Andhra Pradesh, and issued a Form 483 containing three observations. The inspection was conducted on October 8 and 9, 2026.
Enviro Infra Engineers
The company's subsidiary, Suyog Urja, has received a Letter of Intent (LoI) from Arie Energy LLP for a project worth Rs 228 crore.
The project involves engineering, procurement and construction (EPC) turnkey works for the development of the 100 MW Ajani Wind Power Project in Latur, Maharashtra.
Om Power Transmission
The company has received a Letter of Acceptance (LoA) from Uttar Gujarat Vij Company for a turnkey contract worth Rs 101.56 crore.
The contract involves converting the existing electrical line network into an underground cable network, along with associated works, in Ambaji.
Bulk Deals
AceVector
ICICI Securities Primary Dealership sold 32.91 lakh shares, representing 0.6 percent of AceVector’s paid-up equity, for Rs 8.6 crore at Rs 26.27 per share.
Devson Catalyst
India Max Investment Fund sold 72,000 equity shares, representing 0.53 percent of paid-up equity, in Devson Catalyst. The shares were sold for Rs 2.75 crore at Rs 382.50 apiece.
India Max Investment Fund held a 2.41 percent stake, or 3.27 lakh shares, in Devson Catalyst as of July 15, 2026.
Fine Line Circuits
Wallfort Financial Services acquired 25,000 shares, equivalent to 0.52 percent of paid-up equity, in Fine Line Circuits for Rs 20.71 lakh at Rs 82.87 per share.