Stocks to watch, Oct 12: RBL Bank, DMart, steel stocks, HCLTech, ICICI Pru AMC, Adani Enterprises

The domestic stock market is expected to open higher on Monday, October 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 11 points higher.

It also seeks to strengthen domestic raw-material security, reduce import dependence and increase the share of high-value steel in the country's output. The proposed roadmap could support long-term growth prospects for steelmakers and iron ore miners, although the impact will depend on policy implementation and demand conditions.

Bengaluru-based Brigade Enterprises Ltd, one of the leading real estate firms in the country, has developed more than 300 projects in the last 40 years.

In an interview with PTI, the company's Managing Director, Pavitra Shankar, said housing demand remains strong, especially in the ₹1-₹3 crore per apartment price range.

She said the company's large township projects are doing very well in terms of sales.

Asked about sales bookings for the current 2026-27 fiscal year, Shankar said, "We have given an annual guidance of ₹9,000 crore. We are confident of achieving the number if we get approvals on time to launch our projects."

After a gap of almost four years, the Reserve Bank raised its benchmark lending rate by 25 basis points to 5.5%, making borrowing from the central bank costlier to contain inflation fuelled by the West Asia crisis.

"Some benefit will go to the lender because all of the borrowing of the lender is not on the repo rate. It is a combination of Marginal Cost of Funds-based Lending Rate (MCLR), commercial paper, refinance from National Housing Bank and non-convertible debentures," Shukla told PTI.

The initiative aims to explore opportunities to develop co-generation facilities to meet industrial requirements for steam and electricity, along with integrated power supply solutions based on coal, renewable energy and Battery Energy Storage Systems (BESS), the power PSU said in a statement.

With industries increasingly focusing on energy security, cost optimisation and sustainability, co-generation offers an opportunity to enhance overall energy efficiency by producing steam and electricity through an integrated system.

The proposed initiative seeks to address the diverse requirements of industries with reliable, economical and sustainable energy solutions through long-term power supply arrangements.

In a regulatory filing to stock exchanges, the Bengaluru-headquartered firm said it welcomes the opportunity to work with the US Department of Labor and related government agencies to address any queries.

"We do not anticipate yesterday's announcement of such suspension to have a material impact on the organisation...Infosys has invested in building a strong local workforce and technology and innovation hubs in the United States. The company remains committed to its employees, clients, and communities across the United States and to complying with all applicable laws and regulations," Infosys said.

The award was presented by Defence Minister Rajnath Singh at SIDM's eighth annual session in New Delhi on October 9, in the presence of Defence Secretary Rajesh Kumar Singh and Director General (Acquisition) A Anbarasu.

Fifteen awards were presented at the event for achievements in indigenous technology development, product innovation, design, import substitution, manufacturing excellence and exports, according to officials.

Adani Defence & Aerospace is the flagship defence and aerospace arm of Adani Enterprises Ltd.

The company had posted a net profit of ₹684.85 crore in the July-September quarter a year ago, according to a regulatory filing from Avenue Supermarts.

Its revenue from operations was up 17.8% to ₹19,644 crore during the quarter under review. It was at ₹16,676.30 crore in the corresponding quarter in the last fiscal year.

"PAT margin stood at 3.8% in Q2FY27 as compared to 4.1% in Q2FY26," the company said in its earnings statement on Saturday evening.

Total expenses of Avenue Supermarts during the September quarter were up 18.3% to ₹18,632.70 crore.

Avenue Supermarts' total income, which includes other income, was at ₹19,657.54 crore, up 17.73% during the quarter under review.

The contract, formally signed on October 8, 2026, covers the pellet plant BOP, including civil & structural works, at SAIL-IISCO Steel Plant in Burnpur, West Bengal.

SEPC said its consolidated order book has crossed the ₹10,000 crore mark. SEPC focuses on turnkey solutions in power, water infrastructure, and process & metallurgy.

These orders, from a mix of major power producers, module manufacturers, EPC companies and other customers, are for solar cell and module supplies (total 2,308 MW) and EPC project execution, the company said in a statement.

The company said it recently nearly doubled module manufacturing capacity to 11.1 GW, while the solar cell manufacturing capacity has increased from 3.6 GW to 10.6 GW following the commissioning of a 7 GW TOPCon solar cell manufacturing facility last month at Naidupeta, Andhra Pradesh.

Chiranjeev Saluja, Managing Director, Premier Energies, said: “Our growing order book is a strong validation of our growth strategy and execution ability."

In 2025, Tata Motors announced plans to acquire Iveco, excluding its defence business, for 3.8 billion euro (nearly ₹38,240 crore) through TML CV Holdings Pte Ltd.

The commercial vehicle major earlier offered 14.10 euro per share, valuing the transaction at 3.82 billion euro. Tata Motors started an all-cash voluntary tender offer for all outstanding common shares of Iveco in September.

The acceptance period runs from September 7 to October 26, 2026, with Iveco Group shareholders scheduled to vote on related resolutions at an extraordinary general meeting on October 16.

The wealth management firm posted a net profit of ₹99.8 crore in the July-September quarter of the previous fiscal.

Its revenue from operations rose 16% to ₹356.6 crore in the second quarter of FY27 from ₹307 crore a year ago, the company said in a statement.

For the first half of FY27, the company's consolidated net profit increased 23% to ₹238 crore, and revenue grew 17% to ₹693 crore.

Anand Rathi Wealth's assets under management (AUM) rose 18% year-on-year to ₹1,08,377 crore as of September 30, 2026.

The board declared an interim dividend of ₹4 per equity share.

According to a regulatory filing, the firm's operational capacity rose 24% year-on-year (YoY) to 20,763 megawatts (MW), with a greenfield addition of 4,083 MW.

The capacity addition during the second quarter of FY27 (Q2 FY27) stood at 621 MW, it further stated.

It operationalised 3,081 megawatt-hour (MWh) of Battery Energy Storage System (BESS) capacity in Khavda during Q2 FY27, one of the world’s largest single-location deployments, taking total installed capacity to 6,632 MWh as of H1 FY27.

During the corresponding quarter of the previous fiscal year, the company reported a loss of ₹8.93 crore, Waterways Leisure Tourism said in a regulatory filing.

Revenue from operations grew by 30.88 per cent during the quarter under review to ₹132.9 crore compared to ₹101.53 crore in the same period last year.

"The second quarter and H1 FY27 have been encouraging for us, with continued demand across our sailings and healthy ticket yields supporting the overall performance of the business. We have remained focused on optimising capacity utilisation, maintaining pricing discipline and delivering a differentiated guest experience, while continuing to execute with operational and financial discipline.

The insurer had recorded a net profit of ₹41 crore in the year-ago quarter.

The total income of the insurance firm promoted by Canara Bank improved to ₹2,511 crore in the quarter under review from ₹2,349 crore a year ago, Canara HSBC Life Insurance Company said in a regulatory filing.

The company collected a net premium of ₹2,553 crore in the July-September period, up from ₹2,260 crore in the year-ago period.

The first-year premium rose to ₹642 crore in the second quarter from ₹575 crore in the same period of the previous fiscal year.

The solvency ratio of the insurance company also moderated to 180% from 198% at the end of September 2025.

With the revision, a 12-month term deposit would earn a 7% interest rate, 15 basis points higher than the existing rate.

Fixed deposits with a maturity of 15 months (Digital Only) and 24–35 months would earn 7.5% against the existing 7.1%, an increase of 40 basis points.

For a period of 36- 60 months, the rate has been increased by 35 basis points to 7.85%.

The revised rates will be effective from October 11, 2026, it said.