Bajel Projects shares rose 2 percent on October 12 after the company got an EPC order worth over Rs 200 crore. Meanwhile, Avenue Supermarts shares fell 2 percent after its Q2 earnings report. Across Dalal Street, many investors reacted to corporate updates as broader indices showed a mixed market performance today.

Stock-specific action remained in focus on Dalal Street on October 12, with investors reacting to corporate developments, brokerages call and quarterly business updates.

Bajel Projects share price rose 2 percent after the company secured an EPC order worth over Rs 200 crore from Tata Power for installing 220 kV GIS substations at Salsette and Powai in Mumbai.

Meesho share price rose 4.5 percent after its Mega Blockbuster Sale 2026 recorded a 75% year-on-year increase in Day 1 orders, with peak demand exceeding 75,000 orders per minute and transacting customers rising around 60%.

Avenue Supermarts share price fell more than 2 percent after the company reported a 7.6% year-on-year rise in standalone Q2 profit to Rs 803.6 crore, while revenue jumped 18.4% to Rs 19,206.2 crore. On consolidated basis, it reported an 8.5% year-on-year increase in Q2 profit to Rs 743.6 crore, while revenue grew 17.8% to Rs 19,644 crore.

Shares of IRB Infrastructure added 2 percent after CLSA maintained ‘Outperform’ rating with a target price of ₹34.50 per share, noting that toll revenue growth improved to 12% in Q2FY27.

Hitachi Energy share price rose 2 percent after Macquarie maintained ‘Outperform’ rating with a target price of ₹38,500 per share, saying its management meeting reinforced a positive view on the company and the power transmission and distribution (T&D) sector. The brokerage believes Hitachi Energy is well positioned to capitalise on transmission opportunities in India and overseas. It also noted that the company is expanding its addressable market through offerings for data centres and battery energy storage systems (BESS).

Broader indices underperforming the main indices with Nifty Midcap index falling 0.7%, while smallcap index down nearly 1 percent.

Among sectors, selling is seen in the IT, FMCG, financial names, while capital goods, metal, power, media, auto, realty up 0.5-1.5%.

Avenue Supermarts, NTPC, Medplus Health, Ramco Cements, Dalmia Bharat, TVS Holdings among others hit 52-week low.

Market breadth on the BSE remained positive, with 2347 shares advancing, 1312 declining and 201 remaining unchanged.