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7 min read | Updated on October 14, 2025, 13:02 IST
SUMMARY
Shares of HCL Technologies rallied as much as 2.69% to an intraday high as the IT services major announced a good set of numbers for the quarter ended September 30, 2025 (Q2 FY26)
Shares of major home appliances and consumer electronics player LG Electronics India made a strong debut on the stock exchanges on Tuesday. Image: Shutterstock
The Indian stock market failed to sustain early gains and slipped in the afternoon session on Tuesday, October 14, weighed down by metal and consumer stocks. The SENSEX fell 723 points from its intraday high, while the NIFTY50 dropped nearly 226 points from its peak.
Bajaj Finance shares were the biggest laggard, falling 2.15%, followed by Tata Steel (-1.99%), Hindalco Industries (-1.80%), Dr Reddy’s (-1.63%) and NTPC (-1.59%).
Shares of Anand Rathi Wealth rallied as much as 13.17% to a lifetime high of ₹3,321.40 apiece on the National Stock Exchange (NSE) on Tuesday, a day after it reported its results for the second quarter of the 2025-26 financial year (Q2FY26).
At around 12:20 pm, the stock was trading 11.36% higher at ₹3,268.20 per equity share.
The wealth management company reported a 30.53% year-on-year (YoY) rise in its consolidated net profit to ₹99 crore for the September quarter of FY26, compared to ₹76 crore it clocked in the corresponding period of the previous fiscal year.
Anand Rathi Wealth’s revenue from operations jumped as much as 22.6% YoY to ₹297.36 crore during the quarter under review, as against ₹242.48 crore in the second quarter of FY25.
During the first half of FY26, PAT rose 29% YoY to ₹194 crore, and revenue grew 19% YoY to ₹591 crore. In the first half of FY26, the company has already achieved more than 50% of its full-year revenue and PAT guidance, the firm said in a regulatory filing dated Monday.
Tata Motors shares were discovered at ₹400 each during a special pre-open session, down 39.5% (₹260.75 per share) from the previous closing. The decline reflects the stock’s adjustment following the demerger of its commercial vehicle business.
“The Company has fixed Tuesday, October 14, 2025, as the ‘Record Date’ to ascertain eligible shareholders of the Company who shall be issued and allotted 1 (one) share (face value of ₹2/- each fully paid up) in TMLCV for every 1 (one) share (face value of ₹2/- each fully paid up) held in TML by them as on the Record Date (as per Share Entitlement Ratio under the Scheme),” Tata Motors had said in a statement.
TML will continue as a listed entity. Following the scheme, Tata Motors Limited will be renamed Tata Motors Passenger Vehicles Limited and will continue to operate its passenger vehicle business, including investments in the electric vehicle segment and JLR, the company added. TML Commercial Vehicles Limited shall be renamed as Tata Motors Limited.
From the date of TMLCV’s share allotment until its listing on the BSE and NSE, its shares will not be available for trading. Typically, obtaining listing and trading approval takes 45–60 days after submitting the required applications to the stock exchanges.
Shares of major home appliances and consumer electronics player LG Electronics India made a strong debut on the stock exchanges on Tuesday.
The stock listed at ₹1,710.10 apiece on the National Stock Exchange (NSE), a premium of 50.01% over the IPO issue price of ₹1,140 per share.
At 12:40 PM, the scrip fell 1.23% to ₹1,688.80. On the BSE, the stock started trading at ₹1,715, up 50.44% from the issue price.
The IPO, which aimed to raise ₹11,607.01 crore, was entirely an offer for sale (OFS) of 10.18 crore shares, representing about 15% stake, by the South Korea-based promoter LG Electronics Inc. There was no fresh issue component.
The public sector undertaking (PSU) non-banking financial company (NBFC) reported a 41.67% year-on-year (YoY) increase in its consolidated profit to ₹549.33 crore for the July-September quarter of FY26. Revenue for the quarter increased 26.2% to ₹2,057.3 crore from ₹1,630.4 crore a year ago.
The company reported a rise of 49.5% in net interest income (NII) YoY to ₹817 crore, compared with ₹547 crore in the same period last year. Further, the company's operating profit also recorded a sharp increase of 55% to ₹766 crore, against ₹494 crore a year ago.
In terms of asset quality, the company reported an improvement on a quarterly basis. Gross non-performing assets (Gross NPA) stood at 3.97%, compared with 4.13% in the previous quarter. On the other hand, net non-performing assets (Net NPA) stood at 1.97%, down from 2.06% in the previous quarter.
Shares of IREDA gained as much as 3.85% to touch an intraday high of ₹155.86 apiece on NSE. The stock is trading 2.56% up at ₹153.91 per equity share at 12:45 PM.
KEC International shares surged over 4% to touch an intraday high of ₹893 apiece on Tuesday, October 14, as the firm bagged two new orders.
The global infrastructure EPC major secured new orders of ₹1,174 crore for transmission and distribution projects in India and the Middle East.
The company will develop ±800 kV HVDC and 765 kV transmission lines for a reputed private developer in India. Additionally, it will execute 380 kV transmission lines in Saudi Arabia.
KEC International, a flagship firm of the RPG Group, is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence in over 110 countries. It has a presence in the verticals of power transmission and distribution, civil, transportation, renewables, oil & gas pipelines and cables & conductors.
With these new orders, the company’s total order intake since the beginning of the year has reached approximately ₹14,000 crore.
Tata Consultancy Services (TCS) is expanding its long-standing partnership with Google Cloud by adopting its next-generation agentic AI platform, Gemini Enterprise.
“This partnership will empower TCS’ workforce to build agentic AI solutions to redefine human + AI workflows. Gemini Enterprise will enable development of custom agents and seamless integration of pre-built Google Cloud agents and third-party agents,” the company said in a statement.
Further, the IT services firm also said that the agent-to-agent communication and agentic orchestration capabilities of Gemini Enterprise will simplify multi-step operational workflows and accelerate scaling agentic solutions in enterprises.
The collaboration bolsters the broader TCS AI initiative for capability building and underscores TCS’ commitment to democratising access to cutting-edge platforms. Access to Gemini models allows TCS to ideate, innovate, and swiftly develop AI-driven solutions for its customers.
Shares of TCS, however, slipped in trade on Tuesday. It had declined 1.5% to an intraday low of ₹2,961.50 apiece. At 12:50 PM, the stock was trading at ₹2,965.60 apiece on NSE, falling 1.38%.
Shares of HCL Technologies rallied as much as 2.69% to an intraday high of ₹1,535 apiece on Tuesday, a day after the IT services major announced a good set of numbers for the quarter ended September 30, 2025 (Q2 FY26).
The company on Monday reported a flat consolidated net profit of ₹4,235 crore for the quarter ended on September 30, 2025.
The consolidated revenue of HCL Technologies increased by 10.6% to ₹31,942 crore during the reported quarter from ₹28,862 crore a year ago, according to an exchange filing.
On a sequential basis, the company reported a consolidated net profit of ₹4,235 crore for the quarter ended September 2025, marking an increase of 10.2% from ₹3,843 crore in the previous quarter.
The Noida-based company’s revenue from operations for the first quarter of the financial year 2025-26 also rose 5.2% to ₹31,942 crore as compared to ₹30,349 crore quarter-on-quarter (QoQ). In terms of constant currency (CC), the tech firm’s revenue inched up 2.5% QoQ and 4.6% year-on-year (YoY).
At 12:52 PM, HCL Tech’s shares were seen at ₹1,503.70 apiece on NSE, rising 0.60%.
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