NIFTY50 near 25,200, SENSEX down 318 pts in afternoon session; Tata Capital, HCL Tech, Vi among buzzing stocks

The equity benchmark indices continued with their fall in the afternoon session on Monday, October 13, dragged by IT, consumer durables and metal stocks, while global cues also impacted the sentiment.

Infosys shares were the biggest laggard, losing 2%, followed by Tata Motors (-1.77%), Wipro (-1.55%), Nestle India (-1.46%) and Hindustan Unilever (-1.42%).

Buzzing stocks on October 13: Check list

Shares of non-banking financial company Tata Capital made a tepid debut on the stock exchanges on Monday. The stock started trading at ₹330 per unit on the NSE and BSE, reflecting a premium of 1.23% over the IPO issue price of ₹326 per share.

A lot consisted of 46 equity shares. With a listing at ₹330, a premium of 1.23% over the issue price of ₹326 per share, investors who secured the Tata Capital IPO allotment made ₹15,180 per lot.

The initial public offering included a fresh issue of 21 crore equity shares worth ₹6,846 crore and an Offer for Sale (OFS) of 26.58 crore shares valued at ₹8,665.87 crore.

The listing ceremony of Tata Capital Ltd is attended by Tata Sons chairman Natarajan, among others.

The market capitalisation of Tata Capital Ltd stands at ₹1,39,974.56 crore as the stock is trading flat at 330 per unit.

Vodafone Idea (Vi) shares slipped 3.65% to an intraday low of ₹8.71 apiece on Monday as the Supreme Court again deferred the AGR case hearing.

The Supreme Court will hear a plea from a debt-laden company seeking to quash the additional adjusted gross revenue (AGR) demands on October 27, after Diwali. The court also directed the government to take a clear position in the case.

Vodafone Idea has filed the fresh plea against the Department of Telecommunications' (DoT) fresh demand of ₹5,606 crore relating to the financial year 2016-17. Earlier, the Centre had said efforts were on to arrive at a resolution with the company.

Vodafone Idea owes nearly ₹83,400 crore in AGR dues, and the annual payments currently stand at ₹18,000 crore, scheduled from March 2026. When combined with interest and penalties, Vodafone Idea’s dues stand at more than ₹2 lakh crore.

At 12:30 PM, Vodafone Idea shares were trading at ₹8.86 apiece on the National Stock Exchange, falling 2.10%.

Waaree Renewable Technologies shares zoomed 13.5% to hit a 52-week high of ₹1,287 apiece on Monday following the company’s robust July to September earnings.

The company reported a consolidated net profit of ₹116 crore for the quarter ended September 30, as compared to ₹53.5 crore in the same quarter of the previous fiscal year, marking a growth of 117.2%.

Its revenue from operations also increased 48% to ₹775 crore in Q2 FY26 as against ₹524 crore in the corresponding quarter of last financial year.

The company's operation profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), surged 121% to ₹158 crore in the period ended September 2025 as against ₹71.57 crore in Q2 FY25. The margin for Q1 FY26 stood at 20.39%, in contrast to 13.65% YoY.

At 12:33 PM, shares of Waaree Renewable Technologies were trading at ₹1,244.50 apiece, soaring 9.82%.

BLS International shares came under heavy selling pressure on Monday, as the company on October 11 said in its regulatory filing that the Ministry of External Affairs (MEA), Government of India, has debarred the company from participation in future tenders of the MEA and India Mission abroad for a period of two years.

However, this debarment shall not affect the existing contracts and shall continue as per the existing terms.

Shares of BLS International crashed as much as 17.8% to an intraday low of ₹276.95 on the NSE. At 12:34 PM, the stock was trading at ₹302.45 apiece, declining 10.29%.

In its clarification, BLS International said the development does not impact the company’s current financials or ongoing operations. All existing contracts with Indian missions across the globe remain valid and continue to operate as scheduled.

Additionally, the order will not have any significant bearing on the company's financial outlook.

Shares of HCL Technologies were trading lower in the noon session on Monday, as the IT major is expected to announce its July to September quarter earnings later in the day. The results will be declared after the market hours.

At 12:36 PM, HCL Tech shares were trading at ₹1,488.30 apiece on NSE, sliding 0.48%. It has touched an intraday low of ₹1,476.50 per share so far.

According to experts, HCL Tech's Q2 revenue may rise by a low single digit. Revenue is expected to remain within the range of ₹31,490 crore and ₹31,585 crore, representing growth of 3–4% quarter-on-quarter (QoQ) and 9–10% year-on-year (YoY). It is believed that the rise in revenue is mainly due to an increase in deal wins and foreign exchange gains.

Meanwhile, net profit is expected to increase by 7–9% sequentially to a range of ₹4,135–₹4,190 crore. On a yearly basis, however, net profit could fall by 2–3%. In the previous quarter, HCL Technologies reported a net profit of ₹3,843 crore, compared to ₹4,235 crore in the same quarter last year.

The infrastructure major’s shares slipped over 1% to an intraday low of ₹3,745 apiece on NSE on Monday. Larsen & Toubro (L&T) bagged two large orders worth ₹2,500-5,000 crore for its power transmission and distribution (PT&D) vertical in the Middle East.

“The 400 kV super grid interconnection linking the electricity networks of GCC member states has helped in efficient utilisation of generation capacity and has improved the overall grid resilience. Currently, the network of the Sultanate of Oman is connected to this interconnection through the UAE’s grid at 220 kV,” L&T said in a regulatory filing.

A direct interconnection is being established at the 400 kV level for which a 400 kV substation in the UAE is crucial, the firm further explained. L&T PT&D has won an order to engineer, procure and construct this 400 kV substation.

The company secured another order for the construction of new 132 kV substations in the Middle East to meet growing electricity demand. Additionally, in Saudi Arabia, it received a turnkey order for the construction of 380 kV overhead transmission lines to facilitate the integration of renewable energy power plants.

At 12:45 PM, shares of L&T were trading at ₹3,764 apiece on NSE, falling 0.53%.

Shares of DMart retail chain operator, Avenue Supermarts, fell as much as 2.49% to hit an intraday low of ₹4,212.80 on the NSE after it reported September quarter earnings on Saturday.

The country's leading retail chain operator on Saturday reported a consolidated net profit of ₹685 crore in the second quarter of the current financial year, marking an increase of 4% from ₹660 crore in the same period last year.

Billionaire Radhakishan Damani-backed DMart reported stable operational performance as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 11% to ₹1,213 crore, but its operating profit margins contracted by 30 basis points to 7.28%.

EBITDA in the first half of the current financial year (H1FY26) stood at ₹2,513 crore, as compared to ₹2,315 crore during H1FY25. EBITDA margin stood at 7.6% in H1FY26 as compared to 8.1% in H1FY25.

As per Citi’s estimates, operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), and profit after tax (PAT) grew 11% and 5% year-on-year, respectively — coming in 2% and 4% below its estimates. Revenue growth stood at 15% YoY, marginally lower than expectations.

At 12:47 PM, the stock was trading at ₹4,223.90 apiece on NSE, declining 2.23%.