Stocks to Watch, October 16: L&T Finance, BEL, Nestle, Eternal, Infosys, LTIMindtree, Wipro, Jio Finance, Axis Bank, KEC Int'l

Axis Bank's net interest income (NII), or the difference between interest earned on loans and expended on deposits, rose nearly 2% to ₹13,744 crore from ₹13,483 crore.

The company’s net profit for the quarter ended September 30, 2025, stood at ₹581 crore, down 1.69% from the ₹591 crore reported in the same quarter last year. Revenue for the period increased 6.19% YoY to ₹6,083 crore, compared with ₹5,728 crore recorded in the corresponding quarter of the previous year.

“The Board of Directors of the Company has declared an interim dividend of ₹2 (Rupees Two Only) per equity share (i.e., 20% on the face value of each equity share) for the financial year 2025-26. The interim dividend shall be paid to the equity shareholders of the company whose names appear in the Register of Members/the list of beneficiary holders of the Depositories as of Friday, October 24, 2025, which is the Record Date fixed for the purpose,” the company said in an exchange filing.

Its revenue from operations advanced 16% to ₹1,026 crore from ₹887 crore in the year-ago period.

The company's total expenses during the quarter rose 24% to ₹246 crore from ₹199 crore in the year-ago period.

The company's board approved issuing bonus shares in a ratio of 1:1; that is, its shareholders, as on the record date, will receive one bonus share for every one share held.

The company had reported a net loss of ₹85.17 crore in the July-September quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corporation.

The company's revenue from operations increased by 8.33% to ₹2,457.57 crore in the September quarter.t was at ₹2,268.58 crore in the corresponding quarter a year ago. Meanwhile, total expenses of Nuvoco Vistas were at ₹2,410.27 crore, marginally up in the September quarter of FY26.

Its total income, which includes other income, was at ₹2,461.45 crore, up 8% over the year-ago period. Nuvoco Vistas' consolidated cement sales volume was 4.3 MMT in Q2/FY'26.

Under its 2030 roadmap for India, Hyundai Motor Co. President & CEO Jose Muñoz on Wednesday said the company's sales finance arm, Hyundai Capital, will enter the country by Q2 2026 in a phased manner to help further drive sales, while its luxury brand Genesis will also foray into the market through local assembly by 2027.

The company's arm, Hyundai Motor India Ltd (HMIL), plans 26 product launches by FY2030, including seven new nameplates, marking its entry into the MPV and off-road SUV segments and hybrid vehicles.

It will also roll out a locally designed, developed and manufactured dedicated electric SUV for the Indian market by 2027.

The company had reported a net loss of ₹152.31 crore in the July-September quarter a year ago, according to a regulatory filing by Network18 Media, a subsidiary of billionaire Mukesh Ambani-led group Reliance Industries Ltd, through Independent Media Trust holding.

Its consolidated revenue from operations was at ₹497.81 crore in the September quarter. This was at ₹1,825.18 crore in the corresponding quarter in the last fiscal.

The company had posted a net profit of ₹25.78 crore a year ago, according to a regulatory filing from Hathway Cable, a firm owned by Reliance Industries Group.

Its revenue from operations increased 4.66% to ₹536.67 crore in the September quarter. It was ₹512.74 crore in the corresponding period of the preceding fiscal.

Hathway's revenue from its cable TV business stood at ₹378.84 crore and ₹146.85 crore from broadband services in the September quarter.

Its total expenses rose 4.9% to ₹532.42 crore.

Its net profit stood at ₹589.44 crore in the year-ago period.

The total income grew to ₹1,844.84 crore during the July-September period of 2025-26 from ₹1,358.62 crore in the corresponding period of the preceding fiscal year, Oberoi Realty said in a regulatory filing.

Mumbai-based Oberoi Realty is one of the leading real estate developers in the country. It focuses on the luxury housing segment.

KEC International is a global infrastructure engineering, procurement, and construction (EPC) major.

It has a presence in the verticals of power transmission & distribution, civil, transportation, renewables, oil & gas pipelines, and cables & conductors.

KEC International, an RPG Group company, has secured a new order of ₹1,038 crore for the design, supply, and installation of a 380 kV GIS substation in Saudi Arabia, the company said in a statement.

The private sector insurer had reported a net profit of ₹433 crore in the year-ago period and ₹546 crore in the preceding June quarter.

Its first-year premium increased to ₹3,579 crore from ₹3,253 crore in the year-ago period, while the single-premium income rose to ₹5,370 crore from ₹4,843 crore during the quarter.

Investment income plummeted to ₹1,410 crore during the quarter, as against ₹11,610 crore.

With these two additions, ITC Hotels is set to expand its presence in Andhra Pradesh and Telangana.

While Welcomhotel by ITC Hotels Hyderabad Panjagutta will feature 117 rooms, the Welcomhotel in Nellore will feature 127 rooms.

Besides, the company said it has surpassed the 250 operating hotels mark in the country with 25,500 rooms, as it signed 46 properties and opened 26 hotels in the first half of the current fiscal.

The country's biggest hospitality firm, owned by the Tata Group, said it is well poised to achieve its goal of 700 hotels by 2030.

"Expanding its footprint, hotels under the Taj brand were signed in locations like Darjeeling, ECR Chennai, Pondicherry, Mohali, and Kruger National Park, South Africa.

Net profit stood at ₹48.62 crore in the year-ago period, according to a regulatory filing.

Total revenue rose to ₹1,112.5 crore from ₹1,019.52 crore a year earlier, while expenses climbed to ₹1,059.2 crore from ₹957.49 crore.

The Hyderabad-based company said it achieved 9% year-on-year revenue growth despite challenges including adverse weather and higher procurement costs.

As part of the investment, the company will set up its second wet milling plant of the same capacity of 0.36 million tonnes (MT) at its Jajpur unit in Odisha by October 2026.

The byproduct, or slag, of stainless steel production is processed at wet milling plants to recover metal.

"The initiative will support the company's long-term circularity goals by recovering metal from industrial waste and conserving natural resources. It will also create approximately 140 new jobs in the region," Jindal Stainless said in a statement.

Roy added, "The performance highlights the improved momentum in all our lines of business, across rural and urban geographies, driven by the transformation initiatives carried out over the last few quarters. Our investments in technology, talent, revamp and expansion of branch infrastructure, brand building, and continued focus on customer centricity as a part of our 5-pillar execution strategy have started to yield early dividends for us."

"I am of the prima facie opinion that the noticees (eight entities) had access to the UPSI pertaining to the CERC order, and based on the trading pattern of the noticees, an irresistible inference can be drawn that their trades, being insiders, were influenced by the possession of UPSI," SEBI Whole-Time Member Kamlesh Varshney said in his 45-page interim order.

The entities barred by SEBI are -- Bhoovan Singh, Amar Jit Singh Soran, Amita Soran, Anita, Narender Kumar, Virender Singh, Bindu Sharma, and Sanjeev Kumar.