Market News

7 min read | Updated on October 27, 2026, 13:31 IST
SUMMARY
Sona BLW Precision Forgings shares climbed as much as 11% to reach the session’s peak of ₹868 apiece on the NSE, as the company posted 29% growth in net profit to ₹223.4 crore for the July-September quarter of FY27.

On October 27, the SENSEX tumbled as much as 0.54% to hit an intraday low of 73,210.76.
The Indian benchmark indices, SENSEX and NIFTY50, continued their downward trend during the afternoon session on Monday, October 27, amid a sell-off in cement and information technology (IT) stocks. Investor sentiment was also impacted by persistent FII outflow.
The SENSEX tumbled as much as 0.54% to hit an intraday low of 73,210.76. Meanwhile, the NIFTY50 slumped as much as 0.44% to reach the session’s low of 22,653.20.
At 1:20 PM, the S&P BSE SENSEX declined by 207.47 points, or 0.28%, to trade at 73,399.28, while NSE’s NIFTY50 stood at 22,712.45, reflecting a 40.75-point, or 0.18%, fall.
On Monday, the foreign institutional investors (FIIs) sold stocks worth ₹1,462.49 crore, while the domestic institutional investors (DIIs) bought equities worth ₹2,609.57 crore on a net basis, according to exchange data
The top losers in the NIFTY50 index included Adani Enterprises, Hindustan Unilever Ltd (HUL), Asian Paints, Grasim Industries, and Tata Consultancy Services (TCS).
On the contrary, Tata Consumer Products, Bharti Airtel, BSE Ltd, Power Grid Corporation of India, and Bajaj Auto were among the top gainers.
Shares of defence companies, including HAL, BEL, BEML, and more, rallied on Tuesday, October 27, after the government cleared procurement proposals worth ₹2.12 lakh crore for a range of military platforms and weapon systems on Monday.
The list includes light multi-role helicopters, long-range kamikaze drones, and radars, aimed at strengthening the armed forces' combat capabilities.
The stock of telecommunication companies, such as Bharti Airtel, Vodafone Idea (Vi), Mahanagar Telephone Nigam (MTNL), Tata Teleservices, and Reliance Communications, among others, was in the spotlight on October 27, as the Telecom Regulatory Authority of India (TRAI) published the telecom subscription data for September.
Reliance Jio added 27.12 lakh users in September 2026, compared to the addition of 24 lakh users in August 2026. Furthermore, Bharti Airtel also led subscriber growth during the month, adding 26.92 lakh users, as against 21.10 lakh added in the preceding month.
Vodafone Idea (VI) added 5.50 lakh subscribers in September, versus 5.06 lakh users in the month-ago period. BSNL added 6.25 lakh users for the reporting month.
VA Tech Wabag shares surged as much as 9.07% to hit an intraday high of ₹1,862.30 apiece on the National Stock Exchange (NSE) on Tuesday, October 26, as the company announced that it had secured a ‘Mega’ order from Reliance Industries (RIL) for the design, engineering, supply, installation, pre-commissioning, commissioning and performance guarantee test run (PGTR) of a desalination plant at Jamnagar, Gujarat.
The desalination plant will have a capacity of 8,400 cubic metres per hour, expandable to 12,600 cubic metres per hour (302 million litres per day), along with a remineralisation plant with a capacity of 3,000 cubic metres per hour.
The proposed desalination plant will comprise lamella clarifiers, dissolved air flotation filters (DAFF), an ultrafiltration (UF) system, and associated chemical dosing and backwash systems.
The stock of Aequs tumbled as much as 18.9% to touch the session’s low of ₹196.50 per equity share on the NSE, as the company saw its consolidated net loss expand in the second quarter of the 2026-27 financial year (Q2 FY27).
The company reported its earnings for the latest September quarter, posting a consolidated net loss (attributable to the owners of the company) of ₹52.39 crore, compared with a loss of ₹20.59 crore in the same period of the preceding fiscal year.
While its revenue from operations surged 45.3% year-on-year (YoY) to ₹409.08 crore for the reporting period, its EBITDA (earnings before interest, tax, depreciation and amortisation) fell 45% YoY to ₹24.5 crore.
Its EBITDA margin contracted by 1,000 basis points (bps) YoY to 6% during the quarter under review, in comparison to 16% in the second quarter of FY26.
Shares of Transformers and Rectifiers (India) (TARIL) advanced by as much as 7.4% to hit an intraday high of ₹321.85 per unit on Tuesday, as the firm said it plans to invest ₹1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat.
According to a regulatory filing, the new facilities will manufacture Bushings (OIP, RIP & RIF up to 800 kV), pressboard and insulation materials, and Continuously Transposed Conductors (CTC).
The three plants will be housed under a wholly owned consolidated ancillary subsidiary of TARIL, giving it complete control over manufacturing quality, technology, procurement, and long-term strategic direction.
Tata Consumer Products stock rallied 6.7% to touch an intraday high of ₹999.50 per equity share on Tuesday, October 27, a day after the firm reported a positive quarter led by volume growth in domestic business, improved margins, price increases and effective input cost management.
The fast-moving consumer goods (FMCG) company posted a 16% YoY rise in its consolidated net profits while margins remained under pressure with muted growth.
KFin Technologies shares jumped 6.6% to hit an intraday high of ₹844 apiece, as investors focused on the strong revenue gains in the Q2 earnings report, along with the momentum from the Jio Platforms IPO and the latest foreign business license win.
KFin Tech shares witnessed major buying support as investors focused on the company’s strong revenue gains and higher single-digit profits in the July to September quarter results for FY27, while the company's margins remained under pressure.
Investors were also showing elevated interest in the company’s stock after an overwhelming response in the Jio Platforms IPO round, which was significantly oversubscribed by all three investor segments during the bidding days.
Mankind Pharma stock surged as much as 9.03% to hit an intraday high of ₹2,521 per equity share on Tuesday’s market, as equity market investors focused on the pharmaceutical manufacturer’s healthy revenue gains and strong margin growth in the period under review.
Analysts predict that there is further EBITDA growth potential ahead due to the better visibility of exports and India's prescription drugs business, as earnings beat overall market estimates in the July to September quarter.
The pharmaceutical company’s management cited strong growth in both domestic and international business verticals as the key contributor to the overall growth in revenues for the September quarter.
Sona BLW Precision Forgings shares climbed as much as 11% to reach the session’s peak of ₹868 apiece on the NSE, as the company posted 29% growth in net profit to ₹223.4 crore for the July-September quarter (Q2 FY27), driven by robust revenue growth. The auto component major's consolidated net profit was ₹172.7 crore in the year-ago period, according to an exchange filing.
Its revenue from operations jumped 34.9% to ₹1,535.84 crore from ₹1,138.29 crore a year ago.
"Q2 FY27 was almost a perfect quarter for us, across all business metrics like financial performance, technology and new product development, new orders, cash flow generation and the conferring of the Deming Award after a nine-year quality journey," MD and group CEO Vivek Vikram Singh said.
The stock of One 97 Communications, the parent company of Paytm, declined as much as 2.03% to hit an intraday low of ₹1,621.10 per equity share, despite reporting more than a 10-fold rise in profit after tax (PAT) to ₹225 crore in the September quarter, from ₹21 crore a year ago, on a reported basis, marking its sixth consecutive profitable quarter.
Operating revenue rose 28% YoY to ₹2,648 crore, driven by sustained momentum across merchant and consumer businesses, expanded monetisation and AI adoption.
EBITDA rose 90% YoY to a record ₹270 crore, with EBITDA margin expanding to 10%, reaching double digits for the first time and reflecting stronger operating profitability.
Related News
About The Author

Next Story