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  1. Stocks to Watch, November 12: Asian Paints, BSE, IRCTC, Tata Power, Tata Steel, HAL, RVNL, RITES, Biocon, Vi, and Groww

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Stocks to Watch, November 12: Asian Paints, BSE, IRCTC, Tata Power, Tata Steel, HAL, RVNL, RITES, Biocon, Vi, and Groww

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6 min read | Updated on November 12, 2025, 08:41 IST

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SUMMARY

Stocks to Watch: BSE reported a 61% growth in its consolidated Q2 net profit at ₹558 crore as against ₹347 crore logged in the year-ago period.

Stocks in focus, Nov 12

The GIFT NIFTY futures suggest that the NIFTY50 index will open 145 points higher. | Image: Shutterstock

Stocks to Watch: The stock market is expected to see a gap-up start on Wednesday, November 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 145 points higher.
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Here is a list of stocks that may remain in focus today.
Q2 earnings today: According to the morning list, as many as 534 companies are slated to release their September quarter results today. The list includes names such as Asian Paints, Tata Steel, Hindustan Aeronautics (HAL), Ashok Leyland, Info Edge, IRCTC, Cochin Shipyard, Indraprastha Gas, Pfizer, Lemon Tree Hotels, Ircon, Data Patterns (India), Nazara Technologies, P N Gadgil Jewellers, Honasa Consumer, Campus Activewear, and Senco Gold, among others.
Groww: Shares of stockbroker Groww's parent, Billionbrains Garage Ventures Limited, are all set to hit the stock exchanges today. The ₹6,632.30 crore public offering was subscribed nearly 18 times. The Groww IPO allotment status was finalised on Monday, November 10.
Waaree Energies: The company received an order on November 11, 2025, for the supply of 360 MW solar modules from a renowned customer who is a developer and owner-operator of utility-scale solar and energy storage projects.
BSE: The stock exchange reported a 61% growth in its consolidated Q2 net profit at ₹558 crore as against ₹347 crore logged in the year-ago period. The company's revenue from operations in the September-ended quarter stood at ₹1,068 crore, up 44% from ₹741 crore logged in the corresponding quarter of the last financial year.
RITES: Rail India Technical and Economic Service Ltd (RITES) on Tuesday, November 11, reported a 34% year-on-year (YoY) increase in its consolidated net profit to ₹98 crore for the second quarter of the 2025-26 financial year (Q2 FY26). In the corresponding period a year ago, it had clocked a profit of ₹73 crore.
Tata Power: Tata Power on Tuesday reported a 14% rise in consolidated net profit to ₹1,245 crore in the September quarter, helped by increased revenues.

It had clocked a net profit of ₹1,093 crore in the July-September quarter of FY25.

The company saw its revenue grow to ₹15,769 crore, up 3% from the ₹15,247 crore seen in the July-September period of FY25.

Tata Motors CV shares: The shares of the commercial vehicle arm of Tata Motors are slated to list on the stock exchanges NSE and BSE on Wednesday, November 12. Tata Motors' passenger vehicle arm has already started trading as a separate entity from October 14, 2025, which represents an important turn in the company's restructuring process.

A special trading session in October 2025 revealed the stock price of the passenger vehicle segment. The entity's name is Tata Motors Passenger Vehicle (TMPV).

Welspun Enterprises: Welspun Enterprises shares are expected to be in focus on Wednesday, November 12. The company on Tuesday said it has posted a 59% rise in consolidated net profit at ₹98.08 crore in the September quarter of FY26 (Q2 FY26), aided by reduced expenses, and the company looks to raise ₹1,000 crore to fund growth.
Vodafone Idea: Shares of debt-ridden Vodafone Idea (Vi) is expected to take centre stage on Wednesday, November 12, following the telco's earnings call on Tuesday.

Its top official said the telco is working very closely with the government and expects to come up with the best and long-term solution in the matter of its ₹78,500 crore adjusted gross revenue (AGR) dues.

During the company's earnings call, Vodafone Idea CEO Abhijit Kishore said that the company is engaged with multiple sources, including banks and non-banking finance companies, for fundraising, which also depends on the resolution of the AGR matter for any long-term funding.

PI Industries: The company reported a 16% YoY decline in its revenue at ₹1,872.3 crore, while EBITDA fell 14% YoY to ₹543.4 crore. Net profit declined 19% YoY to ₹409.3 crore.
IT stocks: Shares of IT services firms such as Infosys, TCS, and others are expected to be in focus as US President Donald Trump said the country needed skilled workers from abroad even as his administration has taken steps to make it harder for businesses to use the visa system to attract such employees.

"In an interview with Fox News that aired Tuesday, Trump was pressed by host Laura Ingraham about H-1B visas for skilled foreign workers and whether his administration would make them less of a priority," said a Bloomberg report.

Max Financial Services: Max Financial Services, the promoter of Axis Max Life Insurance, on Tuesday reported a multifold decline in consolidated net profit to ₹6 crore for the September quarter.

The company had earned a consolidated net profit of ₹139 crore in the year-ago period. Sequentially, in the June quarter, its profit stood at ₹86 crore.

The total income also declined to ₹9,799 crore in the July-September period this fiscal year, against ₹13,375 crore a year ago, Max Financial Services said in a regulatory filing.

As regards total expenses, the company's expenses stood at ₹9,792 crore as against ₹13,212 crore in the second quarter of the previous year.

Biocon: Biotechnology firm Biocon on Tuesday posted a consolidated net profit of ₹85 crore in the second quarter ended September 30.

The Bengaluru-based firm had reported a net loss of ₹16 crore in the July-September quarter of last fiscal year.

Revenue from operations rose to ₹4,296 crore in the second quarter as against ₹3,590 crore seen in the year-ago period, Biocon Ltd said in a statement.

The company said its board has approved raising up to ₹550 crore via the issuance of commercial papers in one or more tranches on a private placement basis.

Fortis Healthcare: Fortis Healthcare on Tuesday posted an 86% year-on-year increase in consolidated net profit at ₹328 crore for the September quarter.

The healthcare major reported a net profit of ₹176 crore for the July-September period in the previous fiscal year.

Revenue from operations rose to ₹2,331 crore for the quarter as compared with ₹1,988 crore seen in the year-ago period, Fortis Healthcare said in a regulatory filing.

RVNL: State-owned RVNL on Tuesday posted around a 20% fall in consolidated net profit to ₹230.52 crore in the September quarter, impacted by higher expenses.

It had clocked a net profit of ₹286.90 crore in the year-ago period, the company said in an exchange filing.

The company's total income rose to ₹5,333.36 crore from ₹5,136.07 crore during July-September FY25.

RVNL's expenses surged to ₹5,015 crore from ₹4,731.52 crore seen a year ago.

RVNL, under the Ministry of Railways, is involved in project development, financing, and implementation of projects related to rail infrastructure.

With PTI inputs
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