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  1. Stocks to watch, Nov 3: Lupin, ITC, Marico, NBCC, SBI, NSE, VMS TMT, Samvardhana Motherson, PTC India

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Stocks to watch, Nov 3: Lupin, ITC, Marico, NBCC, SBI, NSE, VMS TMT, Samvardhana Motherson, PTC India

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

5 min read | Updated on November 03, 2026, 08:36 IST

SUMMARY

State-owned NBCC (India) has signed an MoU with the Government of Bihar to develop four residential and commercial projects worth ₹2,000 crore.

The GIFT NIFTY futures suggest that the NIFTY50 index will open 119 points higher.

The GIFT NIFTY futures suggest that the NIFTY50 index will open 119 points higher.

The domestic stock markets are likely to open with a gap-up on Tuesday, November 3. The GIFT NIFTY futures suggest that the NIFTY50 index will open 119 points higher.
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Here is a list of stocks that may remain in focus today.
Earnings on November 3, 2026: State Bank of India, NSE, Bajaj Finserv, Solar Industries India, ajaj Holdings & Investment, Lupin, Lloyds Metals and Energy, MCX, Linde India, Gujarat Fluorochemicals, GSK, Anthem Biosciences, AIA Engineering, Dhoot Transmission, Inox India, Pfizer, Zydus Wellness, Graphite India, Fractal Analytics, Mahanagar Gas, Bata India, and Gujarat Fluorochemicals, among others, will post earnings.
Lupin: The global pharma major has received approval from the USFDA (United States Food and Drug Administration) for its abbreviated new drug applications for Amifampridine Tablets, 10 mg. The drug is bioequivalent to the reference listed drug, Firdapse tablets, 10 mg, of Catalyst Pharmaceuticals, Inc. Lupin, in an exchange filing, said that it is one of the first ANDA applicants and is eligible for six months of shared generic exclusivity.
VMS TMT: The steel manufacturer said that the technical malfunction in the furnace system on October 30 has led to the temporary suspension of operation of the manufacturing facility. "The company is taking all necessary steps to initiate the requisite repair and restoration activities at the earliest... We also confirm that the factory is adequately insured, and the insurance company has been duly informed," it added.
Samvardhana Motherson International: Motherson Group announced a collaboration with Singapore's Nanyang Technological University (NTU) to advance Spinheat, a magnetic induction technology that can cure industrial coatings in minutes, utilising significantly less energy than conventional oven-based methods. This collaboration between NTU and MSSL (S) Pte Ltd, a Singapore based subsidiary of Samvardhana Motherson International, aims to industrialise the technology for real-world applications.
NBCC India: The state-owned company has signed an MoU with the Government of Bihar to develop four residential and commercial projects worth ₹2,000 crore.

In a regulatory filing, the company informed that "a Memorandum of Understanding has been signed with various departments of the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I on a self-financing basis without budgetary assistance from the State Government".

ITC: Diversified group ITC Ltd declared an 18.45% fall in its consolidated profit after tax (PAT) to ₹4,229.33 crore for the latest September quarter due to higher expenses. It had reported a post-tax profit of ₹5,186.55 crore in Q2 FY26.

Its revenue from operations was at ₹30,578.4 crore, reflecting an increase of 43.85% in the second quarter of FY27 versus ₹21,255.86 crore a year ago.

The company said that it witnessed "robust growth across all non-cigarette business segments."

ITC's revenue from the cigarette segment grew 72.47% to ₹16,237.11 crore.

Marico: The homegrown FMCG firm reported a 29.16% increase in consolidated net profit to ₹558 crore in the latest September quarter, led by strong volume growth in the domestic market.

The company had recorded a post-tax profit of ₹432 crore in the same period a year ago.

Its revenue from operations surged 12.95% to ₹3,897 crore in the second quarter of FY27, compared to ₹3,450 crore in the corresponding period a year ago.

NALCO: State-owned National Aluminium Company Ltd (Nalco) announced a 28.3% rise in consolidated PAT to ₹1,835 crore for the July-September period of FY27, on the back of higher revenue. ​It had reported a consolidated net profit of ₹1,429.94 crore in the year-ago period.

Revenue from operations surged to ₹5,419.44 crore versus ₹4,292.34 crore a year back, Nalco said in an exchange filing.

Amara Raja Energy & Mobility: The lead-acid battery maker announced a 44.8% decline in its consolidated net profit to ₹152.5 crore in the second quarter, down from ₹276.5 crore in the year-ago period, due to higher costs.

For the quarter ended September, revenue from operations jumped to ₹4,108.7 crore from ₹3,467 crore in the same period last year.

Sri Lotus Developers and Realty: Sri Lotus Developers and Realty Ltd on Monday said one of the promoters will sell up to 2.38 crore equity shares of the company on stock exchanges to meet the minimum public shareholding norm.

In an exchange filing, the company informed that "Anand Kamalnayan Pandit, one of the promoters, proposes to sell up to 2,37,95,818 equity shares, representing 4.87% of the total paid-up capital of the company, through stock exchange mechanism”.

The shares will be sold on November 3-4. The floor price for the offer will be ₹240 per share.

PTC India: Power trading solutions provider on Monday posted a more than 28% decline in consolidated net profit to ₹159.10 crore in the September quarter, mainly on account of increased expenses.

It had clocked a net profit of ₹222.05 crore in the second quarter of the preceding financial year, the company said in an exchange filing.

During the second quarter of FY27, the company's total income, however, increased to ₹5,958.24 crore from ₹5,585.21 crore in the year-ago period.

Disclaimer: Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The stock details discussed in this article is only for educational purposes and not a buy or sell recommendation. Investors are advised to conduct their own analysis and risk due diligence before trading and investing in the stock market.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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