Stocks to watch, Oct 26: Senco Gold, Infosys, Coforge, Paytm, ITC Hotels, JBM Auto, JSW Steel, Dr Reddy's

The domestic stock market is expected to open mildly higher on Monday, October 26. The GIFT NIFTY futures suggest that the NIFTY50 index will open 31 points higher.

The company registered a net profit of ₹7,364 crore a year ago, according to a regulatory filing.

It reported a stable margin of 21% year-over-year but reduced revenue guidance for the rest of the year in the 1- 2% range from 1.5 to 3% projected earlier, mainly due to pricing pressure.

Infosys consolidated revenue from operations grew 10.2% to ₹49,244 crore in the reported quarter, up from ₹44,490 crore in the year-ago period.

The IT firm had posted a net profit of ₹375.8 crore in the same period a year ago.

“Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused,” Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings call.

Coforge signed 8 large deals– the highest number signed in a single quarter – across North America, Europe and Australia, which led to a total contract value of the new orders of $1.04 billion during the reported quarter.

The company increased the operational profit margin guidance to 17% for the next year from the range of 15.5% to 16%.

The investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions, the company said in a regulatory filing.

It said that including the acquisition by a promoter group entity, the overall stake in August Jewellery will reach 79%, following which the company will become a subsidiary of Senco Gold.

The investment will happen through fresh equity issuance, with the funds intended for the company's growth and expansion, and the discharge of existing liabilities, the filing said.

On a standalone basis, the private sector lender reported a 29% increase in profit after tax (PAT) to ₹4,212 crore, aided by core income growth and lower provisions.

Its core net interest income (NII) was up 16% to ₹8,459 crore, helped by a 25% jump in net advances and constrained by a 0.23% compression in the net interest margin (NIM).

The bank said the mobilisation of ₹55,344 crore of FCNR(B) deposits under the RBI's concessional swap facility led to the NIM compression during the reporting quarter.

Solar Industries has a direct link to the European supply chain, having supplied RDX to Poland’s Nitro-Chem, according to reports.

The lender had earned a net profit of ₹352 crore in the year-ago period.

Total income rose to ₹14,218 crore in the quarter under review from ₹11,828 crore in the same period a year ago, IDFC First Bank said in a regulatory filing.

Interest income rose to ₹11,922 crore from ₹9,937 crore in the same quarter last year.

Asset quality of the bank improved with gross non-performing assets (NPAs) declining to 1.32% of gross advances at the end of the September quarter 2026, as against 1.86% a year ago.

Net NPAs or bad loans also moderated to 0.4%, as against 0.52% in the year-ago period.

The Capital Adequacy Ratio of the bank increased to 14.67%, from 14.11% at the end of September 2025.

With these wins, the year-to-date order intake has crossed ₹13,500 crore, including ₹9,500 crore from the Transmission and Distribution (T&D) business, the RPG Group company said in a statement.

According to the statement, KEC International, a global infrastructure Engineering, Procurement, and Construction (EPC) major, has secured turnkey orders of ₹2,872 crore for design, supply, and installation of 765 kV transmission lines from PGCIL.

"The orders secured from PGCIL include the largest-ever order for our India T&D business. These prestigious 765 kV projects, associated with the evacuation of 8.5 GW of renewable energy from Gujarat, have substantially expanded our India T&D order book," Vimal Kejriwal, MD & CEO, KEC International said.

JSW JFE Steel Ltd (JJSL) is a 50:50 joint venture (JV) of JSW Steel and Japan-based JFE Steel Corporation(JFE).

JJSL has a 4.5 MTPA integrated steel plant at Sambalpur, Odisha, and two downstream facilities at Chandigarh and Kolkata. The integrated steel plant at Sambalpur is operating at near full capacity, JSW Steel said in an exchange filing on Friday.

The proposed partnership will also explore localisation of components as Jupiter Wagons seeks to expand beyond freight wagons and emerge as an integrated mobility solutions provider.

Signed during the Polish-Indian Economic Forum in New Delhi, the MoU provides a framework for exploring the development, manufacturing and deployment of passenger rail vehicles for regional, intercity and urban transport in India and other markets.

Jupiter Wagons MD Vivek Lohia said the collaboration would explore combining PESA's expertise with the Indian company's manufacturing capabilities to develop passenger trains.

The Mumbai-headquartered entity had clocked a profit after tax (PAT) of ₹284.44 crore in the year-ago period, it said in an exchange filing.

During the quarter, the company's total income increased to ₹3,883.25 crore from ₹2,988.89 crore in Q2 FY26.

From the power systems segment, the revenue was ₹1,766.76 crore as against ₹1,254.49 crore in the year-ago quarter.

The industrial systems business contributed revenue of ₹1,868.61 crore in the quarter as against ₹1,533.33 crore in July-September FY26.

The Fairfax-promoted lender earned ₹160 crore net profit in the year-ago period.

The Kerala-based bank's total income surged to ₹1,612 crore in the quarter under review from ₹1,458 crore in the year-ago period, CSB Bank said in a regulatory filing.

Its net interest income (NII) increased 20% to ₹510 crore in the July-September quarter from ₹424 crore a year ago.

The lender's asset quality improved in the reporting period, with gross non-performing assets (NPAs) declining to 1.58% of gross advances at the end of the September 2026 quarter from 1.81% a year ago.

BPCL's standalone net profit declined to ₹4,993 crore in July-September, the second quarter of fiscal 2027, from ₹6,443 crore a year earlier, according to a company statement.

Revenue from operations rose to ₹1.58 lakh crore from ₹1.22 lakh crore, while earnings before interest, taxes, depreciation and amortisation (EBITDA) fell nearly 14% to ₹9,437 crore from ₹10,968 crore.

India's second largest fuel retailer earned $32.53 on turning every barrel of crude oil into fuels like petrol and diesel in July-September, as compared to $10.78 a barrel gross refining margin in the same period a year back.

But these gains were wiped away by losses arising from the five month old freeze in retail price revision despite a rise in cost.

BPCL also booked Rs 330 crore marketing inventory loss and another ₹397 crore loss due to forex fluctuation.

The private sector lender had earned a net profit of ₹184 crore in the year-ago period. Total income increased to ₹2,300 crore from ₹2,009 crore in the year-ago period, DCB Bank said in a regulatory filing.

Its net interest income improved to ₹2,051 crore in July-September FY27 from ₹1,907 crore a year ago.

Asset quality of the bank improved, with gross non-performing assets (NPAs) declining to 2.29% of gross advances at the end of September 2026 against 2.91% a year ago.

Net NPAs or bad loans also eased to 0.73% against 1.21% in the year-ago period.

According to SIAM data, commercial vehicle dispatches to the domestic market during the first half of the financial year 2027 grew 23.8% to 5.74 lakh units from 4.64 lakh units in the year-ago period.

The company had posted a consolidated net profit of ₹1,426.8 crore a year ago, Reddy's Laboratories said in a regulatory filing.

Its revenue in the second quarter stood at ₹8,670.8 crore in Q2 FY27 against ₹8,805.1 crore in the year-ago period, it added.

Total expenses in the quarter under review rose to ₹3,252.1 crore from ₹3,062.7 crore, the company said.

In a post-earnings call, Dr Reddy's Laboratories CFO M V Narasimham said the company will launch semaglutide in 10 markets, including a relaunch in Canada in November, which is expected to drive growth in the second half of the ongoing fiscal. It has received all regulatory approvals.

"We intend to increase prices in the third quarter in the range of 4-5%," JK Tyre's Managing Director Anshuman Singhania told reporters after announcing the company's second quarter results. This follows a 5% increase in the first quarter, followed by another 7% in the second quarter.

Singhania noted that the operating environment remains challenging due to geopolitical tensions in West Asia. Input costs were "persistently higher", and there were supply chain constraints, including container freight rates that are significantly above historical levels.