Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp

Indian equities extended their winning streak to a fourth consecutive session on Tuesday, with broad-based buying lifting benchmark indices and sustaining the market's recovery. The Nifty 50 rallied 370 points, or 1.58%, to settle at 23,811. From a technical perspective, the immediate resistance for the index is placed at the key psychological level of 24,000. A sustained move above this threshold could open the way for a further advance, according to Ponmudi R, CEO of Enrich Money.

Against this backdrop, several stocks, including NSE, BSE, SBI, Happiest Minds Technologies, Multi Commodity Exchange of India (MCX), Indian Energy Exchange (IEX) and Minda Corporation, are likely to remain in focus on Wednesday, November 4. Investors will track September-quarter earnings, monthly sales data, acquisition announcements, fundraising activity, operational updates and other corporate developments.

NSE

The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in consolidated profit after tax (PAT) to Rs 2,578 crore in Q2FY27, compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year. This marks the exchange's first set of quarterly results since its Dalal Street debut in September 2026.

Consolidated revenue from transaction charges increased 9% YoY to Rs 3,035 crore in Q2FY27, compared with Rs 2,789 crore in Q2FY26. The growth was driven by higher trading volumes in the cash market and equity options segments.

SBI

State Bank of India (SBI), the country's largest public sector lender, reported a 14% YoY increase in standalone net profit to Rs 23,038 crore in Q2FY27, compared with Rs 20,160 crore in the year-ago quarter.

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Net interest income (NII) during the reporting period increased 15% YoY to Rs 49,143 crore.

Happiest Minds Technologies

Happiest Minds Technologies reported a 15.12% increase in consolidated net profit to Rs 62.19 crore for the September quarter of FY27.

Revenue from operations rose 12.5% to Rs 645.43 crore, compared with Rs 573.57 crore in Q2FY26.

Chambal Fertilisers and Chemicals

Chambal Fertilisers and Chemicals reported a 2.6% YoY decline in net profit to Rs 632 crore in Q2FY27, compared with Rs 649 crore in the corresponding quarter last year.

Revenue increased 9.1% to Rs 6,999.5 crore from Rs 6,413 crore, while EBITDA rose 7% to Rs 901 crore from Rs 842 crore.

EBITDA margin contracted marginally to 12.9% from 13.1% in the year-ago quarter.

Bata India

Bata India reported a 28.6% YoY increase in net profit to Rs 18 crore in Q2FY27, compared with Rs 14 crore in the corresponding quarter last year.

Revenue rose 7.6% to Rs 862 crore from Rs 801 crore. However, EBITDA declined marginally by 0.7% to Rs 144 crore from Rs 145 crore.

EBITDAR margin contracted to 16.7% from 18.1% in the year-ago quarter.

Aarti Drugs

Aarti Drugs reported an 83.2% YoY increase in net profit to Rs 82.9 crore in Q2FY27, compared with Rs 45.3 crore in the corresponding quarter last year.

Revenue increased 26.6% to Rs 826.2 crore from Rs 652.8 crore, while EBITDA rose 60.6% to Rs 135.4 crore from Rs 84.3 crore.

EBITDA margin expanded to 16.4% from 12.9% in the year-ago quarter.

Indian Energy Exchange

Indian Energy Exchange (IEX) reported a 16.5% YoY increase in electricity traded volume to 13.1 billion units (BU) in October. Real-time market volume rose 23.7% to 5.7 BU, while day-ahead market volume declined 3.8% to 4,508 million units (MU).

Multi Commodity Exchange of India

Multi Commodity Exchange of India (MCX) reported a 130% YoY increase in consolidated net profit to Rs 454.57 crore in Q2FY27, compared with Rs 197.47 crore in the corresponding quarter of the previous fiscal year.

Revenue from operations surged 114% YoY to Rs 799.66 crore from Rs 374.23 crore in the year-ago quarter, according to its regulatory filing.

Neuland Laboratories

Neuland Laboratories reported a 46.7% YoY decline in net profit to Rs 51.6 crore in Q2FY27, compared with Rs 96.9 crore in the corresponding quarter last year.

Revenue fell 12.5% to Rs 449.7 crore from Rs 514.2 crore, while EBITDA declined 37.2% to Rs 97.6 crore from Rs 155.5 crore.

V-Mart Retail

V-Mart Retail reported a widening of its net loss to Rs 16 crore in Q2FY27, compared with a net loss of Rs 8.87 crore in the corresponding quarter last year.

Revenue increased 18.1% YoY to Rs 953 crore from Rs 807 crore, while EBITDA rose 20.3% to Rs 86.1 crore from Rs 71.6 crore.

Minda Corporation

Auto component major Minda Corporation reported a 68.2% YoY increase in consolidated net profit to Rs 143 crore in Q2FY27, driven by strong revenue growth.

The company had reported a net profit of Rs 85 crore in the July-September quarter of FY26.

Awfis Space Solutions

Awfis Space Solutions reported a 93.7% YoY increase in net profit to Rs 31 crore in Q2FY27, compared with Rs 16 crore in the corresponding quarter last year.

Revenue rose 19.6% to Rs 439 crore from Rs 367 crore, while EBITDA increased 31.3% to Rs 174 crore from Rs 132 crore.

Clean Max Enviro Energy Solutions

Clean Max Enviro Energy Solutions reported PAT of Rs 65 crore in Q2FY27, up 82% from Rs 35.6 crore in the corresponding quarter last year.

Revenue from operations increased 37% YoY to Rs 727.7 crore from Rs 530.6 crore.

Endurance Technologies

Endurance Technologies reported a 20.7% YoY increase in net profit to Rs 274.3 crore in Q2FY27, compared with Rs 227.3 crore in the corresponding quarter last year.

Revenue increased 33.6% to Rs 4,786.2 crore from Rs 3,582.8 crore, while EBITDA rose 17.2% to Rs 559 crore from Rs 477 crore.

EBITDA margin, however, contracted to 11.7% from 13.3% in the year-ago quarter.

SEDEMAC Mechatronics

SEDEMAC Mechatronics announced that cumulative sales of its motor controllers for scooters have crossed 5 million units.

The company achieved the milestone in October 2026, 25 quarters after the start of sales in August 2020.

It had crossed 500,000 cumulative units in January 2023, followed by 1 million units in February 2024.

UCO Bank

UCO Bank informed exchanges that its senior officials interacted with multiple institutional investors through one-on-one and group meetings in Dubai on November 2 and 3, 2026.

The meetings were conducted both in person and virtually as part of the bank's scheduled non-deal roadshow.

PNC Media and Entertainment

PNC Media and Entertainment, formerly known as Pritish Nandy Communications, and Netflix announced the filming of the second season of the series 'The Royals'.

Ishaan Khatter, Zeenat Aman, Sakshi Tanwar, Vihaan Samat and Kavya Trehan will reprise their roles, while Nitya Mehra and Tanuj Chopra will direct the new season.

The upcoming season will expand the world of Morpur with new kingdoms, characters, alliances, rivalries and romances.

Jupiter Wagons

Jupiter Wagons informed exchanges that it has incorporated a subsidiary company named Jupiter Green Power Solutions Private Limited.

Fractal Analytics

Fractal Analytics announced that Asper.AI Inc., a wholly owned subsidiary of Fractal Analytics Inc. and a step-down subsidiary of the company, has acquired certain assets and taken over certain liabilities of Pricing One SA, a company incorporated under Swiss law.

The transaction also involves contracts with certain key employees of Pricing One SA. It does not involve the acquisition of any shares or other equity interest in the Swiss company.

The transaction is intended to bring in talent and capabilities in revenue growth management and expand Asper's presence in Europe.

The aggregate transfer price is approximately CHF 1,319,308.76, equivalent to Rs 15.21 crore. This comprises liabilities of CHF 997,307.76, equivalent to Rs 11.5 crore, and assets worth CHF 322,001, equivalent to Rs 3.71 crore.

The assets include intellectual property and know-how used for the operation of Pricing One's proprietary P1 Solution software platform, which leverages artificial intelligence and advanced analytics for pricing strategy consulting, revenue optimisation, consumer testing and tracking services.

The amounts are subject to final calculation and adjustments, as applicable, for foreign exchange fluctuations.

Highway Infrastructure

Highway Infrastructure has received a Letter of Acceptance (LOA) worth Rs 198.31 crore for planning, designing and construction of residential and non-residential infrastructure in Phase I of the establishment of the CISF 12th Reserve Battalion at Village Jamunia Talab in Sehore district, Madhya Pradesh.

Q2 results

BSE Limited, Cummins India, Zydus Lifesciences, Apollo Hospitals Enterprises, Lenskart Solutions, Power Finance Corporation, FSN E-Commerce Ventures (Nykaa), Aurobindo Pharma, NHPC, Dabur India, Torrent Power, Biocon, Sundaram Finance, Balkrishna Industries, Premier Energies, Physicswallah, PI Industries, Dr Lal PathLabs, Krishna Institute of Medical Sciences, Exide Industries, Housing & Urban Development Corporation, Redington, Apollo Tyres, Kirloskar Oil Engines, Garden Reach Shipbuilders & Engineers, Tenneco Clean Air India, Chalet Hotels, Alembic Pharmaceuticals, Kansai Nerolac Paints, Century Plyboards, Marksans Pharma, Thangamayil Jewellery, Balrampur Chini Mills, BASF India and Niva Bupa Health Insurance Company.

Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here

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