Stocks to watch, Oct 29: Asian Paints, Meesho, Hero MotoCorp, Milky Mist, Coal India, Trent, IndiGo, GMR Airports

The domestic equity market is expected to open gap-down on Thursday, October 29. The GIFT NIFTY futures suggest that the NIFTY50 index will open 113 points lower.

The list includes Asian Paints, Coal India (CIL), Trent Ltd, InterGlobe Aviation (IndiGo), Laurus Labs, Ambuja Cements, Godrej Consumer Products, Welspun Corp and Apar Industries.

Other companies scheduled to announce their results include Motilal Oswal Financial Services (MOFSL), Suzlon Energy, Milky Mist Dairy Food, MTAR Technologies, Firstsource Solutions, Deepak Nitrite, Vedanta Power, Vedanta Oil and Gas, and Computer Age Management Services (CAMS), among others.

The company had posted a loss of ₹411.3 crore in the same period a year ago.

Its consolidated revenue from operations grew by about 34% to ₹4,131.5 crore during the reported quarter from ₹3,073.6 crore in the same period of the preceding fiscal year, the company said in a regulatory filing.

Meesho Chairman, Managing Director and Chief Executive Officer Vidit Aatrey said that the company's second quarter performance reflects the strength of Meesho's operating model, with NMV (net merchandise value) growing 23% year-on-year to ₹12,911 crore and annual transacting users reaching 28.4 crore.

“More consumers are shopping on Meesho, and they are shopping more frequently, even as first-time buyers grew 16% quarter-on-quarter.

This momentum extended into the festive season, with NMV growing 33% year-on-year on a festive-aligned basis. As we grow, the benefits of scale are increasingly translating into stronger platform economics,” he said.

The company’s consolidated profit for the quarter came in at ₹1,861 crore, against ₹1,308 crore in the year-ago period, according to a regulatory filing.

Revenue from operations increased to ₹14,971 crore, up 23% from ₹12,218 crore a year ago.

"Results for the quarter and half-year include a ₹397 crore gain from the equity consolidation of an associate company, following its capital raise via a Qualified Institutional Placement and Private Placement," the company said.

Revenue was largely driven by volumes. Hero MotoCorp dispatched a total of 18.68 lakh motorcycles and scooters, registering a 10% growth year-on-year. The scooter segment recorded a 47% growth to 2.40 lakh units in the September quarter of FY27.

"The deployment marks an important milestone in UNI’s ongoing technology transformation, enabling omnichannel service continuity for members and providing a scalable foundation for continued improvements in efficiency and the member experience," it added.

The company, which manufactures adhesives, sealants and construction chemicals, had logged a profit of ₹584.6 crore in the July-September period a year ago, according to a regulatory filing by Pidilite Industries.

Pidilite “EBITDA grew by 3.1% over Q2 FY26, with EBITDA margin at 20.5%,” the company said in its earnings statement.

Its revenue was up 20.9% at ₹4,297.59 crore in the September quarter of FY'27. It was ₹3,554.44 crore in the corresponding quarter a year ago.

Pidilite Industries' total expenses were at ₹3,632.87 crore, up 29% in the September quarter of FY27.

The company had a profit after tax of ₹35.06 crore in the same period a year ago, according to a regulatory filing.

In the latest September quarter, the company's total income rose to ₹4,188.49 crore from ₹3,754.38 crore in the same period a year ago, the filing showed.

However, GMR Airport recorded a total comprehensive loss of ₹80.75 crore in the second quarter of the current financial year, whereas it had reported a total comprehensive income of ₹14.30 crore in the year-ago period.

The two figures are total comprehensive income attributable to owners of the company.

GMR Airports-owned airports handled 28 million passengers in the 2026 September quarter. It owns various airports, including those in Delhi and Hyderabad.

Meanwhile, the company has appointed Sanjeev Gupta as an Additional Director as well as designated him as the Deputy CEO with effect from October 29.

The bank had logged a profit of ₹122 crore in the same period last year, according to a regulatory filing.

The company had posted a net profit of ₹464 crore in the July-September quarter a year ago, according to a regulatory filing from United Spirits Ltd (USL).

Its revenue from operations was down 2.56% to ₹7,014 crore in the September quarter under review. It was ₹7,199 crore in the corresponding period of the previous fiscal year.

USL’s total expenses were at ₹6,471 crore, down 2.22% in the September quarter.

During quarter “Prestige & Above segment accounted for 94.1% of net sales value during the second quarter, up 3.1 ppts over the same period last year,” said USL in earning statement.

Prestige & Above segment net sales value increased 6.3% during the second quarter.

The data centre will feature advanced direct-to-chip liquid cooling technology, delivering efficient thermal management, scalability and reliability for hyperscalers, neoclouds and AI innovators, as per an official statement.

The company had posted a profit of ₹278.62 crore in the July-September period of FY26.

The standalone revenue from operations for the quarter under review grew 26% to ₹3,375.53 crore from ₹2,688.54 crore in the same quarter last year, the company said.

The domestic sales for the quarter were at ₹1,172.90 crore compared to ₹956.94 crore during Q2 last year, registering a growth of 23% YoY, it said.

Buoyed by favourable customer demand, the company has registered exports of ₹530.95 crore for the quarter ended September 30, 2026 (Q2 FY27), as against ₹338.02 crore in the July-September period of 2026, marking a growth of 57% YoY, the company said.

The company had delivered a bottom line of ₹87 crore in the second quarter of the previous fiscal year, it said.

Revenue from operations during the quarter rose 44% year-on-year to ₹1,379 crore from ₹957 crore in Q2 FY26.

During the half-year ended September 2026, the standalone revenue from operations stood at ₹2,700 crore, up 38% from ₹1,953 crore in the year-ago period. Net profit stood at ₹245 crore against ₹184 crore, reflecting a growth of 33% YoY, it stated.

The company clocked a strong lubricants volume growth of 16% YoY during the quarter despite tough markets amid the West Asia supply crisis.

The company had posted a net profit of ₹824 crore in the second quarter of the preceding financial year, JSW Energy said in an exchange filing.

During July-September, the company's total income rose to ₹6,657.71 crore from ₹5,361 crore in the year-ago period.

The board of JSW Energy also approved raising long-term funds up to ₹5,000 crore through the issuance of rated and listed non-convertible debentures on a private placement basis, in one or more tranches, and authorised the Finance Committee to decide on all matters relating to the issuance of the debentures, from time to time, including finalisation and approval of the detailed terms of issue, the filing said.

The company had posted a net profit of ₹62.9 crore in the July-September period of the preceding financial year.

Revenue from operations stood at ₹263 crore during the quarter as against ₹233 crore in the year-ago period, Sanofi Consumer Healthcare India said in a regulatory filing.

The company follows a January to December cycle for financial reporting.

Sanofi Consumer Healthcare India Ltd Managing Director Himanshu Bakshi said, "(In) Q3...we delivered healthy growth, driven by volume expansion and market share gains across key brands."

PNB Housing Finance: The company reported its earnings for the July-September quarter of the 2026-27 financial year (Q2 FY27). It recorded a 6% year-on-year (YoY) increase in its consolidated net profit to ₹617 crore during the quarter under review, compared with ₹582 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).