Stocks to watch, Nov 12: Bharat Dynamics, HAL, Bajaj Finance, Tata Power, Aurobindo Pharma, IRCTC, Page Industries

The domestic stock market is expected to open higher on Thursday, November 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 59 points higher.

Other notable names on the list are IRCTC - Indian Railway Catering & Tourism Corp, Manappuram Finance, Amber Enterprises India Limited, Ola Electric Mobility, TD Power Systems, and Dilip Buildcon, among others.

The facility belongs to Lannett Company LLC, a wholly owned step-down subsidiary of Aurobindo Pharma.

The US Food and Drug Administration (USFDA) conducted the inspection at the Seymour facility from August 17-21, 2026, Aurobindo Pharma said in a regulatory filing.

After the completion of the inspection, the USFDA issued four observations, to which the company responded within the stipulated time.

"The USFDA has now determined that the inspection classification of this facility is 'official action indicated' (OAI)," the drug maker said.

The net profit stood at ₹1,245 crore in the quarter ended on September 30, 2025, a company statement said.

The company’s net profit in Q2 FY27 soared 33% YoY to an all-time high of ₹1,652 crore, driven by strong performance across all business clusters, while the net profit during the first half of the current fiscal year jumped 22% to ₹3,053 crore, the statement added.

The net profit stood at ₹2,508 crore in the April-September period of the preceding financial year.

Revenue rose 26% to ₹19,886 crore in the quarter, compared to ₹15,769 crore in the same period a year ago.

Praveer Sinha, MD and CEO of the company, said, “We delivered our highest-ever quarterly profit, with strong contributions from all businesses, underscoring the strength of Tata Power’s integrated energy platform and consistent execution across our portfolio.”

The MoU was signed recently in presence of Shri. Jeet Adani, Director KCL, Dr. Vinay Prakash, CEO Adani Natural Resources and Mr Bernando Fontaine, Chairman Codelco, at LME Week 2026 in London.

The changes will take effect after the market close on November 30. The four inclusions could attract passive fund inflows as ETFs and funds tracking MSCI indices adjust their portfolios.

Nuvama Alternative & Quantitative Research had estimated potential inflows of around $1.7 billion across the four stocks ahead of the announcement, although actual flows may vary. Meanwhile, PI Industries could see some selling pressure following its exclusion.

The announcement was made at the inauguration of the Advanced Laser Engineering Centre and Hybrid Laser Arc Welding R&D Facility at NeST Hitek Park, Kalamassery, according to a statement on Wednesday.

The facility was inaugurated by CSL Chairman and Managing Director Jose V J and SFO Technologies Chairman and Managing Director Dr N Jehangir.

The jointly developed HLAW system integrates laser welding, conventional arc welding, robotics and advanced automation, powered by a high-power fibre laser source indigenously developed by SFO Technologies.

The state-owned company under the Defence Ministry had posted a consolidated net profit of ₹154 crore in the second quarter of the preceding financial year, according to a regulatory filing.

Total income in the September quarter of FY27 increased to ₹1,886 crore from ₹1,746 crore in the year-ago period.

The company's total expenses rose to ₹1,654 crore in the September quarter from ₹1,536.71 crore in the year-ago period.

Commenting on the results, GRSE Chairman and Managing Director P R Hari said, “The Q2 & H1 FY27 results have been encouraging, with GRSE once again delivering a strong financial performance."

The clearance also allows it to reduce manganese ore production capacity from 1.34 MTPA to 0.733 MTPA and reconfigure its beneficiation plant into two units of 3.5 MTPA each, without changing the already approved 1.2-km downhill conveyor system.