Stocks to watch, Oct 19: HDFC Bank, YES, Axis Bank, HFCL, Vedanta, HZL, DLF, IDBI Bank, IREDA, LTTS

The domestic stock market is expected to open flat with a positive bias on Monday, October 19. The GIFT NIFTY futures suggest that the NIFTY50 index will open 12 points higher.

The bank is in the middle of a leadership transition that will see ICICI Group veteran Anup Bagchi taking over as managing director and chief executive later this month, becoming the first outsider to don the mantle.

It also announced that incumbent Deputy Managing Director Kaizad Bharucha has decided to leave.

In the year-ago period, the bank reported a net profit of ₹664.31 crore.

On a standalone basis, the bank's net profit increased to ₹1,080 crore in Q2 FY27 from ₹654.47 crore in the year-ago period and ₹1,070.99 crore a quarter ago.

However, the financial results of the bank for the reporting quarter do not reflect the potential financial impact of the ruling of the Supreme Court on the bank's write-down of Additional Tier-1 (AT1) bonds worth ₹8,415 crore.

Sales bookings or pre-sales stood at ₹1,299.06 crore in the year-ago period.

According to its latest investors' presentation, Mumbai-based Oberoi Realty Ltd sold 808 units in the September quarter compared to 158 in the year-ago period.

In terms of volumes, sales rose to 15.83 lakh square ft from 2.5 lakh square ft.

In the first six months of this fiscal year, Oberoi Realty's sales bookings jumped to ₹10,199.57 crore from ₹2,937.73 crore in the corresponding period of the preceding year.

The sharp jump in its pre-sales is driven by a strong foray into the Delhi-NCR residential market.

In a statement, the FDA said it found food safety violations, including rodent infestation, improper storage and failure to maintain records of disposal of expired food products.

The FDA inspected Reliance Retail Ltd's warehouse at Chakan in Khed taluka on October 14 and found that the establishment failed to produce satisfactory records regarding the disposal or destruction of expired and spoiled food products, it said.

"Rodent infestation was found across the warehouse, while expired and spoiled products were stored together without segregation. Cockroaches were also found in floor crevices and employees were seen spitting within the premises," the statement said.

Reliance Retail operates primarily under Reliance Retail Ventures Limited (RRVL), which is a subsidiary of Reliance Industries Limited (RIL).

On a standalone basis, net profit of the country's second-largest private sector lender grew 20.1% to ₹14,843 crore for July-September, according to an exchange filing.

Core net interest income grew 17.7% to ₹25,339 crore during the reporting quarter on the back of a 30% jump in loan portfolio and a 0.12% contraction in the net interest margin at 4.18%.

A large part of the loan growth was courtesy of the FCNR(B) concessional swap scheme, and the bank said that excluding loans provided by international branches against such deposits, advances growth stood at 24.1%.

Similarly, on the deposits front, overall growth stood at 27.1% and excluding diaspora deposits, it would have been 17%, according to a bank statement.

The bank earned ₹5,527.85 crore in consolidated net profit in the year-ago period.

On a standalone basis, the third-largest private sector lender reported a 37.6% year-on-year (YoY) rise in its net profit to ₹7,003.28 crore from ₹5,089.64 crore.

The bank's operating profit climbed 6% to ₹11,083 crore for the quarter. Core operating profit increased 11% to ₹10,998 crore. Operating cost grew 9% year-on-year in Q2 FY27.

The bank's net interest income (NII) for Q2 FY27 stood at ₹15,371 crore, up 5% sequentially and 12% YoY.

Its net interest margin (NIM) for Q2 FY27 stood at 3.36%, according to a press release.

The public sector lender posted a net profit of ₹295 crore in the same period of the previous fiscal.

The bank's total income increased to ₹3,747 crore in the second quarter from ₹3,373 crore a year ago, Punjab & Sind Bank said in a regulatory filing.

Interest income rose to ₹3,394 crore in the September quarter of FY27 from ₹2,999 crore in the year-ago period.

During the quarter, net interest income (NII) rose 22% to ₹1,162 crore against ₹950 crore in the second quarter of the last financial year.

Cost-to-income ratio reduced to 29.19% compared to 61.87% in the year-ago period.

The public sector lender posted a net profit of ₹1,324 crore in the same period of the previous fiscal.

The bank's total income increased to ₹11,737 crore in the second quarter from ₹10,212 crore a year ago, Central Bank of India said in a regulatory filing.

Interest income rose to ₹10,357 crore in the September quarter of FY27 from ₹8,743 crore in the year-ago period.

During the quarter, net interest income (NII) rose 26% to ₹4,146 crore against ₹3,283 crore seen in the second quarter of last financial year.

The LIC-controlled bank earned a profit of ₹3,627 crore in the year-ago period, including a one-off gain of ₹1,699 crore from the sale of its strategic investment in NSDL.

The bank had offered over 2.22 crore equity shares, comprising an 11.11% shareholding in National Securities Depository Ltd (NSDL), in its IPO at an issue price of ₹799.87 per share and booked a net gain of ₹1,698.96 crore.

This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canada's Fairfax Financial Holdings for about ₹53,000 crore ($5.5 billion), in what would be the largest foreign investment in an Indian bank and a major milestone in the country's long-delayed banking privatisation drive.

Its total income rose to ₹9,865 crore in the second quarter from ₹9,594 crore a year ago, IDBI Bank said in a regulatory filing.

The country's second-largest lender has maintained consistency in operating profit, net profit and other key parameters over the past four quarters, and expects this trend to continue, Chandra told PTI in an interview.

PNB has already posted a net profit of ₹5,500 crore and is targeting further growth in operating profit, which would also support an increase in net profit, he said.

For the second quarter ended September 2026, PNB reported a 13% rise in net profit to ₹5,532 crore, driven by improved core income and a moderation in bad loans. The profit recorded was the highest ever in a quarter.

Sustained high oil prices could weigh on oil marketing companies such as IOC, BPCL and HPCL by putting pressure on marketing margins if retail fuel prices are not raised.

Aviation stocks such as InterGlobe Aviation (IndiGo) could also remain under pressure as higher aviation turbine fuel (ATF) costs weigh on operating expenses.

Meanwhile, upstream oil producers such as ONGC and Oil India could benefit from higher crude prices, which may support their realisations.

At the start of the 2024-25 fiscal, DLF had said that it would launch 37 million sq ft area over the next few years with an estimated revenue potential of ₹1,14,500 crore.

In its latest investor presentation, DLF Ltd said it has launched 14 million sq ft area in the last two and a half years with revenue potential of more than ₹56,000 crore.

“50% launched in the first 2.5 years…healthy pipeline for the medium term (₹58,000+ crore),” DLF said.

The company will launch around 24 million sq ft area in the medium term with sales value of over ₹58,000 crore.

Input-cost pressures intensified in the September quarter, reversing some of the moderation seen in the preceding quarter, which squeezed margins even as companies absorbed part of it to protect consumer demand during the festive season.

The increase has been uneven across commodities, with crude-linked derivatives, packaging materials, palm oil and sugar emerging as key pressure points, said Naveen Malpani, Partner and Consumer Industry Leader at Grant Thornton Bharat.