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11 min read | Updated on November 06, 2026, 08:48 IST
SUMMARY
Shares of Indian IT companies such as Infosys and TCS, among others, are likely to remain in focus on Friday, November 6, after a sharp sell-off on Wall Street overnight, led by technology and AI-linked stocks.

GIFT NIFTY futures indicate that the NIFTY50 index may open around 123 points lower. Image: Unsplash.
The domestic equity market is likely to open sharply lower on Friday, November 6, amid weak global cues.
GIFT NIFTY futures indicate that the NIFTY50 index may open around 123 points lower, signalling a gap-down start to the trading session.
The list includes Hindalco Industries, Bosch, Siemens, Aster DM Quality Care, Gland Pharma, Coromandel International, Nuvama Wealth Management, 3M, Jubilant Foodworks, Data Patterns (India), and Great Eastern Shipping Company, among others.
Under the agreement, the partners have expressed their intent to establish manufacturing, engineering, and service operations at the proposed park, linked to zinc-based and allied value chains, where Hindustan Zinc will extend ecosystem support.
This represents an important step towards converting the industrial park vision into potential investments, downstream manufacturing capacity and a broader zinc-based industrial ecosystem in Rajasthan, HZL said in a statement.
SEBI issued its final observations on the draft offer documents on November 4.
Mahanadi Coalfields Ltd (MCL) had filed its draft red herring prospectus (DRHP) in September with the Securities and Exchange Board of India (SEBI).
The initial public offering is entirely an offer-for-sale (OFS) of up to 66,18,36,300 equity shares by its promoter, Coal India Ltd, as per the draft papers. Since this is an OFS, MCL will not receive any proceeds from the public issue, and the entire proceeds will accrue to Coal India, the selling shareholder.
MCL is also the largest coal-producing subsidiary of Coal India, contributing 28% of the state-owned miner's total coal production in fiscal 2026. Coal India accounts for more than 80% of India's domestic coal output.
The company had posted a net profit of ₹1,120 crore during the July-September period a year ago, according to a regulatory filing.
Revenue from operations increased by 23.54% to ₹20,337 crore in Q2 FY27, against ₹16,461 crore seen in the corresponding period of the previous fiscal year.
This marks a sequential moderation for Titan, which had earlier reported revenue growth of over 40% for three consecutive quarters.
Moreover, Titan’s board also approved a proposal to raise funds through issuance of rated, listed, redeemable, unsecured Non-Convertible Debentures (NCDs) on a private placement basis for an amount up to ₹2,500 crore.
The recently-listed hospital chain had reported a net profit of ₹12.38 crore in the year-ago period, according to a regulatory filing.
The company concluded its IPO on October 23 and its shares made their trading debut on the BSE and NSE on October 28.
Revenue from operations during the second quarter of FY27 stood at ₹510.89 crore, while its expenses came in at ₹463.12 crore during the quarter under review, the company informed the exchanges.
Figures for the quarter ended September 30, 2025, are balancing figures between special purpose consolidated audited interim financial statements for three months ended June 30, 2025, and have not been subject to limited review or audit, the filing noted.
The company had posted a profit after tax (PAT) of about ₹70 crore in the same period a year ago, according to a regulatory filing.
The consolidated revenue from operations grew by about 90% to ₹1,745.98 crore during the reported quarter from ₹919.6 crore in the September 2025 quarter.
Based on favourable market conditions, CP Plus revised FY27 guidance upwards, with revenue expected in the range of ₹6,500–₹6,800 crore, and PAT margin of 9% to 10%.
The company also announced the acquisition of a 30% stake in video compression technology firm BLUE (KGraph AI Solutions) for ₹45.4 crore.
Prestige Estates: Realty firm Prestige Estates Projects Ltd on Friday reported a 44% decline in its consolidated net profit to ₹256.2 crore for the quarter ended September.
Its net profit stood at ₹457.4 crore in the year-ago period.
Total income fell to ₹2,222.2 crore in the second quarter of this fiscal year from ₹2,697.8 crore in the corresponding period of the preceding year, according to a regulatory filing.
During the April-September period of this fiscal, the company's profit declined to ₹527.6 crore from ₹768.9 crore in the year-ago period.
Total income fell to ₹5,057.8 crore in the first half of this fiscal from ₹5,166.5 crore in the corresponding period of the preceding year.
Bengaluru-based Prestige Estates is one of the leading real estate developers in the country.
The company had a profit of ₹8,651 crore in the same period a year ago, according to a regulatory filing.
Bharti Airtel's India revenue grew by 9.4% to ₹42,308 crore.
The company said this programme will provide customers with a personalised driving score and consent-based pathway to savings on insurance premiums, making vehicle ownership safer, smarter and more rewarding.
The company had recorded a net profit of ₹43 crore in the same quarter a year ago.
Total income increased to ₹496 crore during the quarter under review from ₹461 crore in the same period last year, Ugro Capital said in a regulatory filing.
However, the firm earned a lower interest income of ₹313 crore during the quarter, compared to ₹322 crore in the same period a year ago.
Total expenses also increased to ₹446 crore against ₹400 crore in the second quarter of the previous fiscal.
Disbursements rose to 3,159 crore in the second quarter, up 77% year-on-year.
The lender had reported a net profit of Rs 30.52 crore in the year-ago period.
Core net interest income of the company increased to ₹595.383 crore in the reporting quarter, from Rs 535.788 crore in the year-ago period, on the back of a 22% growth in the assets under management and an expansion in the net interest margin to 12.5% from 11.9% in the year-ago period.
The company had posted ₹302.05 crore "profit after tax from continuing operations" in the second quarter of the 2025-26 financial year, the company said in an exchange filing.
During July-September FY27, the company's total income rose to ₹7,441.73 crore from ₹5,615.35 crore a year ago.
Sharing the segment-wise break-up, the company said it earned ₹1,828.11 crore from the engineering vertical, up from ₹1,381.61 crore a year ago. It earned ₹1,766.76 crore from power systems, ₹1,868.61 crore from industrial systems, and ₹472.77 crore from metal formed products.
The company had posted a net income of $163 million in the year-ago period.
"Net income attributable to our common shareholders grew 29% year-over-year to $210 million in the second quarter of fiscal year 2027. The increase was due primarily to insurance recoveries related to the 2025 Oswego fires and a 20% increase in adjusted EBITDA to $508 million," the company said in a statement.
The company's net sales grew to $5,942 million from $4,744 million in the year-ago period.
During July-September FY27, the company said, "Revenue grew 7% YoY to ₹7,004 crore in Q2 FY27; Comparable revenue growth excluding Road SPVs and Brazil business stands at 13% YoY in Q2 FY27."
In April-September FY27, the company's profit after tax (PAT) rose by 34% to ₹603 crore. "Revenue at ₹13,412 crore in H1 FY27, growth of 6% YoY; Comparable revenue growth excluding Road SPVs and Brazil business stands at 11% YoY in Q2 FY27," the company said.
The company had logged a net profit of ₹304.99 crore during the July-September period a year ago, according to a regulatory filing from Godfrey Phillips India, the flagship company of Modi Enterprises.
Revenue from operations was twofold at ₹4,198.17 crore in the September quarter of FY27.
“Due to the steep tax increase implemented in Q4 of FY26, the profitability has declined by 41% compared to the corresponding period last year,” CEO Sharad Aggarwal said in the earnings statement.
Total expenses were up twofold at ₹4,027.39 crore. Total income, which includes other income, too doubled to ₹4,241.81 crore.
The company had posted a net profit of ₹655.06 crore in the July-September quarter a year ago, according to a regulatory filing from Britannia Industries.
Britannia Industries' revenue from the sale of products was up 16.6% to ₹5,541.57 crore in the September quarter.
Its revenue from operations was up 15.645 to ₹5,597.79 crore in the second quarter of FY27. It was at ₹4,840.63 crore in the corresponding quarter.
The company had reported a profit after tax (PAT) of ₹20.66 crore in the year-ago period.
Revenue from operations stood at ₹730.16 crore during the quarter, compared to ₹645.16 crore a year earlier, the company said in a regulatory filing.
The company availed customs duty exemptions on imported capital goods under the Export Promotion Capital Goods (EPCG) scheme, which are subject to fulfilment of specified export obligations, as per the filing.
During the September quarter, the group evaluated the likelihood of meeting these export obligations and estimated a shortfall, and made a provision of ₹11.59 crore, it said.
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