Stocks to Watch, October 14: IREDA, TechM, HCLTech, Tata Motors, OIL, Just Dial, Cyient DLM, Persistent Systems, KEC Int'l

It had a net profit of ₹154.07 crore in the July-September quarter a year ago, according to a late-night regulatory filing from Just Dial.

The company is now controlled by Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani-led RIL.

Just Dial's net revenue from operations rose 6.4% to ₹303.07 crore in the September quarter. It was ₹284.83 crore a year ago.

While most of the crude oil and natural gas it pumps out of the ground and from below the seabed is sold on government nomination, ONGC's subsidiaries buy or sell about 70 million tonnes of crude oil annually. They also export some amount of fuel.

ONGC Director (Production), Pankaj Kumar, stated that the company aims to consolidate all its trading operations under a single entity to leverage economies of scale and secure competitive pricing.

The company plans to establish a new trading company that will purchase crude oil for its subsidiaries, Hindustan Petroleum Corporation Ltd (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL), as well as trade oil and gas produced by its overseas firm, ONGC Videsh Ltd.

The company had posted a net profit of ₹76.3 crore in the same quarter of the preceding fiscal year, Anand Rathi Wealth said in a statement.

Total revenue increased 23 per cent to Rs 307.2 crore in the quarter under review from ₹249.6 crore a year ago.

The Mumbai-based firm has declared an interim dividend of ₹6 per equity share.

For April-September 2025 (H1 FY26), the company posted a consolidated net profit of ₹194 crore, registering a year-on-year increase of 29%. Total revenue rose 19% to ₹591 crore.

Its sales bookings, or pre-sales, stood at ₹2,780 crore in the year-ago period.

During the April-September period of 2025-26, the Gurugram-based company reported a 21% decline in sales bookings to ₹4,650 crore from ₹5,900 crore in the year-ago period, according to its latest operational update.

Pradeep Kumar Aggarwal, Chairman of Signature Global, expressed confidence in achieving a sales target of Rs 12,500 crore during the 2025-26 fiscal year, up from Rs 10,290 crore in the year-ago period.

OIL has signed a long-term gas sale and purchase agreement (GSPA) with NEEPCO for the continued supply of 1.4 million metric standard cubic meters per day (MMSCMD) of natural gas.

The gas will be provided to NEEPCO's Assam Gas Based Power Station (AGBPS) at Bokuloni for another 15 years, OIL said in a statement.

"The new agreement, with a term of 15 years, succeeds the earlier 10-year arrangement between the two companies," it said.

The Noida-based company’s revenue from operations for the first quarter of the financial year 2025-26 also rose 5.2% to ₹31,942 crore as compared to ₹30,349 crore quarter-on-quarter (QoQ).

In terms of constant currency (CC), the tech firm’s revenue inched up 2.5% QoQ and 4.6% year-on-year (YoY).

HCL Tech’s dollar revenue for the quarter stood at $3,644 million, growing 2.8% QoQ and 5.8% YoY.

The company also declared an interim dividend of ₹12 per equity share with a face value of ₹2 each for the 2025-26 financial year (FY26), it said in a regulatory filing.

As a part of the demerger plan, the automobile company had set the share entitlement ratio at 1:1, which means a Tata Motors shareholder will receive one fully paid-up share of ₹2 in Tata Motors Commercial Vehicles Limited (TMLCV) of the same class.

The auto giant this month had set October 14 as the record date for ascertaining the shareholders who shall be issued and allotted shares of the demerged entity. This means the very next day after the record date, Tata Motors’ existing shares will turn into the ex-commercial vehicle business and will be renamed Tata Motors Passenger Vehicles Ltd (TMPVL).