Stocks to watch, Nov 13: ABB India, ZEEL, Eicher Motors, Ola Electric, Religare Enterprises, TMPV, Vi

The domestic stock market is expected to open lower on Friday, November 13. The GIFT NIFTY futures suggest that the NIFTY50 index will open 90 points lower.

"Demand is ahead of supply, and we can sell every vehicle we produce,” Aggarwal said in a letter to shareholders, shared in a post on X.

The bottleneck isn't Ola’s own plant, which Aggarwal said already has high installed capacity, but its suppliers. Chargers were unavailable, so about 5,000 vehicles with paid orders in September were delayed by a week into October.

Aggarwal, in the Q2 FY27 earnings call, reiterated that supplier dependencies are being fixed as partners scale up. Ola expects to produce about 25,000 vehicles in December and intends to clear its paid-order backlog quickly.

The total deal size is pegged at ₹1,174.8 crore. The shares sold through the transaction will be subject to a 30-day lock-in period for further sale.

The Burman family-controlled financial services firm had posted a consolidated net profit of ₹46 crore in the July-September period of the previous fiscal.

Its total income rose to ₹2,390 crore during the second quarter of the current financial year from ₹2,089 crore in the year-ago period, Religare Enterprises said in a regulatory filing.

During the quarter, total expenses rose to ₹2,518 crore against ₹2,031 crore logged in the same period a year ago.

The company's net profit stood at ₹95.77 crore during the corresponding period of the previous year, the travel QSR outlets and lounge operator said in a regulatory filing.

Revenue from operations grew 19.50% during the quarter under review at ₹425.31 crore, compared to ₹355.89 crore in the same period a year ago.

"It was one of the most challenging quarters for passenger traffic in recent periods, amid an unusually volatile operating environment. Despite these headwinds, TFS' system-wide sales grew 18.8% year-on-year, and the business continued to deliver healthy underlying profitability, demonstrating the resilience of our portfolio and expanding network," TFS managing director and CEO Varun Kapur said.

The company’s net profit stood at ₹87.32 crore in the quarter ended on September 30, 2025, Reliance Power said in a regulatory filing.

Total income declined to ₹1,889.87 crore in the quarter from ₹2,067.10 crore a year ago.

The company’s board has also approved the appointment of Rajendra Vishwanath Pawar as the Chief Financial Officer with immediate effect.

Consequent upon the aforesaid appointment, Neeraj Parakh, Executive Director and Chief Executive Officer of the company, has resigned as Interim Chief Financial Officer with immediate effect, Reliance Power said.

The company posted a net loss of ₹5,524 crore in the year-ago period, according to a regulatory filing.

The reported loss was higher due to the "adverse impact of mark-to-market of treasury assets", it added.

Vodafone Idea's revenue from operations rose 6.2% to ₹11,884 crore from ₹11,195 crore in Q2 FY26.

The company registered a net loss of ₹3,754 crore in the April-June quarter, while revenue edged up 1.7%.

"Our Q2 FY27 performance reflects steady progress against our priorities. We are encouraged by continued improvement in our net subscriber additions, supported by network expansion and enhanced customer experience. Building on these improvements, we strengthened our customer proposition through innovative, differentiated and industry-first propositions such as free international roaming and family prepaid plans," Vodafone Idea CEO Abhijit Kishore said.

Total income rose 15% YoY to ₹276.85 crore from ₹241.17 crore.

Expenses increased to ₹326.09 crore in Q2 FY27 from ₹299.16 crore a year ago.

Operating margins improved both sequentially and from a year earlier, supported by stronger sugar prices, better operating efficiencies and cost management, Managing Director Athar Shahab said.

“Our continued focus on financial discipline has also helped reduce borrowing rates and finance costs,” Shahab said.

The company had posted a net profit of ₹116.56 crore a year ago.

EIH Ltd's revenue from operations increased to ₹694.19 crore, from ₹597.94 crore a year ago, a regulatory filing showed.

Meanwhile, its total expenses also shot up to ₹559.15 crore, from ₹484.33 crore during the July-September (Q2) under review, on a year-on-year basis.

The company's board approved the construction of a Trident Hotel near Shamshabad Airport, Hyderabad, on 8.89 acres site owned by it, at an investment of ₹777 crore, to be operational by September 2030.

The company had posted a net profit of ₹214 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 ₹2,312.33 crore from ₹1,994.69 crore in the year-ago period.

The company's total expenses rose to ₹2,135.91 crore in the quarter under review compared to ₹1,852.27 crore in the year-ago period.

Established in 1987, Dilip Buildcon Limited (DBL) is a diversified infrastructure company.

The shares will be acquired at ₹91 per share, Zee Entertainment Enterprises Ltd (ZEEL) said in a regulatory filing.

The buyback offer price of ₹91 per share represents a premium of 23.8% over the company's closing share price of ₹73.50 on Thursday.

The board has "approved a proposal for buyback of up to 6.59 crore fully paid-up equity shares of face value ₹1 each of the Company of an amount not exceeding ₹600 crore, being 7.22% and 6.61% of the aggregate of the total paid-up Equity Share capital and free reserves of the Company," ZEEL said.

The company has set November 25, 2026, as the record date to determine which shareholders are eligible to participate in the proposed buyback.

"This is in line with its aspirations to consistently deliver sustainable value to shareholders," the company said in a statement.

The standalone health insurer is also targeting GWP of ₹30,000 crore by FY30, with a focus on expanding its retail health insurance business and increasing insurance penetration in smaller cities, he said.

The company recorded GWP of approximately ₹9,500 crore in the first half of FY27, registering growth of around 18%.

New business premium grew 36% to ₹1,600 crore during the period.

The insurer also settled nearly 22 lakh claims, including inpatient and outpatient claims, with payouts amounting to approximately ₹6,700 crore during the first six months of the financial year.

Speaking to analysts during a recent earnings call, Mehra said the company supports licensed innovation and is incorporating safeguards against dilution of rights and potential fraud into all its new digital licensing agreements.

"Saregama's position on AI remains that it will be beneficial to the company in the long run, both in terms of cost reduction and speed to market. But while we support licensed innovation, we at Saregama will consistently fight against unlicensed exploitation," he said.

Mehra said data and consumer research suggest that AI-generated music is gaining traction primarily in terms of volume rather than actual listener engagement.

The capacity is earmarked for grid-scale stationary energy storage applications and forms part of the government's broader 50 GWh target under the National Programme on ACC Battery Storage.

Other bidders include ACME Solar Holdings, Avaada Electro, JSW Neo Energy, Waaree Energy Storage Solutions and Godawari New Energy, among others.

The company, which reported consolidated revenue of around ₹2,300 crore in the financial year 2026, is banking on its strong order book for electric bus supply, new-generation electric buses and upcoming e-trucks to drive growth in the coming years.

"We intend to work over the next three years to achieve 5x growth. How far we will do it depends upon how the market is receiving our new products...We are confident of it," Olectra Greentech's Managing Director Mahesh Babu told PTI.

The Hyderabad-based electric bus maker delivered 1,280 electric vehicles in the financial year 2026, compared with 972 units in the previous financial year, registering a 32% growth.

According to a company statement, Clean Max has signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board (APEDB) in this regard.

Under the MoU, CleanMax proposes to invest nearly ₹50,000 crore to develop integrated power generation facilities aggregating 3 GW of clean energy across wind and solar energy and 1 GW of pumped hydro facilities.

The power will be supplied to a compute factory being set up at Kurnool in collaboration with Neysa, with Clean Max responsible for the power infrastructure and supplies.

The company had posted a PAT of ₹217.31 crore in the corresponding quarter of the previous fiscal. On a sequential basis, net profit rose 20% from ₹585 crore in the June quarter.

Total income increased to ₹3,312 crore in the second quarter of FY27, compared to ₹2,275 crore in the year-ago period, the company said in a regulatory filing.

The company's total assets under management (AUM) stood at ₹73,303 crore as of September 2026, registering a YoY growth of 60%.

Gold Loan AUM surged 92.5% YoY to ₹60,640 crore at the end of the September quarter.

In a regulatory filing on Thursday, the company said it has signed six MoUs (Memorandum of Understanding) with the department of Urban Development & Municipal Affairs, West Bengal government and its various authorities.

Agnimitra Paul, Minister of Urban Development and Municipal Affairs in the West Bengal government, and NBCC's CMD K P Mahadevaswamy were present.

NBCC has signed an MoU with Kolkata Metropolitan Development Authority for redevelopment of College Street area and China town at Tangra. It has signed an MoU with Chandernagore Municipal Corporation for riverfront development.

Its net profit was ₹264.4 crore in the year-ago quarter, a company statement said.

For the second quarter, the company's revenue surged 63.5% to ₹2,996.5 crore from ₹1,832.6 crore a year earlier.

The significant growth can be attributed to a sustained focus on operational efficiency, ensuring timely order execution, it stated.

N Venu, Managing Director & CEO of Hitachi Energy India, said, "...we anticipate these underlying opportunities and have invested in new infrastructure and are strengthening our existing capabilities. These efforts are reflected in our Q2 FY27 results. Both orders and revenue continue to secure sustained year-on-year (YoY) growth, backed by disciplined order execution over the quarter".

The Bangur family-promoted company plans to establish cement plants in three districts – Kadapa, Anakapalli and Guntur – Shree Cement Vice President Sumanth Gautham said on the sidelines of the Visakhapatnam CII Summit.

The investment decision follows the incentives offered by the coalition government led by Chief Minister N Chandrababu Naidu and the investor-friendly environment in the state, he said.

“The company decided to invest in the state after taking note of the incentives being offered to investors by the coalition government led by Chief Minister N Chandrababu Naidu and the investment-friendly environment here,” he said.

Gautham expressed satisfaction over the pace of land allotment for industrial projects, saying the process was moving quickly and encouraging investors to set up operations in Andhra Pradesh.