Stocks to Watch, October 17: Wipro, RIL, Infosys, JSW Energy, Havells India, AU Small Finance Bank, UCO Bank, OFSS, Vikram Solar, Rallis India

The company had clocked a net profit of ₹7.35 crore in the same period of the preceding 2024-25 financial year.

The company's total income rose to ₹1,125.80 crore from ₹583.46 crore logged in Q2 FY25.

Vikram Solar's expenses also increased to ₹941.35 crore from ₹572 crore in the year-ago period.

Kolkata-headquartered Vikram Solar is one of the largest PV module manufacturers in India.

Its net profit stood at ₹4.62 crore in the year-ago period.

Total income rose to ₹262.16 crore in the July-September quarter of this fiscal year from ₹182.06 crore in the corresponding period of the preceding year, according to a regulatory filing.

The company had reported a net profit of ₹1,251 crore in the same period a year ago.

LTIMindtree for the first time crossed ₹10,000 crore in revenue in a quarter with over 10% growth to ₹10,394.3 crore during the reported quarter compared to the ₹9,432.9 crore it registered in the September 2024 quarter.

"Q2 'FY26 has been a strong quarter for us, marked by broad-based performance across our business. We delivered our second consecutive quarter of growth with margin improvement ahead of plan. We are committed to becoming an AI-centric organisation, leveraging our BlueVerseTM ecosystem," LTI Mindtree Chief Executive Officer and Managing Director Venu Lambu said in a statement.

The private sector lender had reported a net profit of ₹325 crore in the year-ago period.

Its core net interest income declined by 8% to ₹808 crore despite a 10% loan growth because of a sharp compression in net interest margin (NIM).

NIMs came down to 2.80%, from 3.24% in the year-ago period, and the bank's chief executive and managing director, P. R. Seshadri, said it aspires to widen the number to 3%, but did not give a timeline by which it will reach there.

With this merger, the company's total fertiliser production capacity has increased by 23% to 3.7 million tonnes per annum, Paradeep Phosphates said in a statement on Thursday.

The merger strengthens the company's presence in southern India while complementing its established markets in the north, west, central, and eastern regions.

Suresh Krishnan, Managing Director & CEO of Paradeep Phosphates, said, “This merger marks a significant milestone in the company's growth journey. Together, we can operate at a larger scale and offer a stronger, more agile, and diverse product portfolio."

The company had posted a net profit of ₹82.57 crore in the July-September period a year ago, according to a regulatory filing from DB Corp.

Revenue from operations was up 10% to ₹614.41 crore in the quarter as against ₹558.95 crore a year ago. Total expenses were at ₹508.42 crore, up 7.7% year-on-year.

Revenue from “Printing, Publishing and allied business” was up 10.5% to ₹571.79 crore in the September quarter. Revenue from the radio business was also higher by 3.47% at ₹42.86 crore.

With this, the total installed and commercial capacity of the NTPC group will become 83,906 MW, the filing said.

NTPC said it announces "declaration of COD (commercial operation date) of part capacity of 12.5 MW (Solar) by a group company of our subsidiary NTPC Green Energy w.e.f. 17.10.2025."

NTPC, under the Ministry of Power, is India's largest power generation company.

The company had posted a net profit of ₹6,506 crore a year ago.

Its revenue from operations grew 8.6% to ₹44,490 crore during the quarter from ₹40,986 crore in the year-ago period.

The company increased the lower base of the growth outlook for FY26 to 2-3% in constant currency terms from the 1-3% it had projected in the June 2025 quarter.

Deepening its AI bet, the Bengaluru-headquartered firm introduced Wipro Intelligence, a unified suite of AI-powered platforms, solutions, and offerings, to tap extensively into the space, where it sees opportunities in consulting and advisory.

Wipro had reported a profit (attributable to equity holders of the company) of ₹3,208.8 crore in the year-ago period, according to a regulatory filing.

Revenue from operations for the quarter under review rose by 1.7% to ₹22,697.3 crore compared to the same period of last year.

The Memorandum of Understanding (MoU) was exchanged in the presence of BEML CMD Shantanu Roy and Shekhar Sardessai, Founder and CMD of Kineco Limited, along with senior officials from both organisations in the national capital.

As part of the collaboration, BEML and Kineco will jointly engage in the development and manufacturing of carbon fibre reinforced polymer (CFRP) structures, glass fibre reinforced polymer (GFRP) panels and components, honeycomb cores, foams, and bonding consumables for metallic detail parts.

The onsite plant is designed to produce 1,800 tonnes of oxygen per day, along with nitrogen, argon, and dry compressed air. These gases will be primarily utilised in Tata Steel's blast furnaces and steel melting shops.

The unit is currently under stabilisation and is scheduled to be handed over to AWIPL next month, the company said in a statement.

The company's PAT (profit after tax) stood at ₹98 crore in the corresponding quarter last year, Rallis India said in a regulatory filing.

During the reporting quarter, the company recorded a 7% decline in revenue at ₹861 crore compared to ₹928 crore in the same period of the previous fiscal year, mainly due to erratic and prolonged rains in several parts of the country that impacted field activities and spray applications.

The company had a consolidated net profit of ₹689 crore in the second quarter of FY25.

Total revenue from operations rose to ₹981 crore during the period under review, from ₹694 crore logged in the same period of FY25.

Interest income rose to ₹392 crore during the July-September quarter against ₹205 crore in Q2 of FY25.

The bank had a net profit of ₹240 crore in the July-September period of last fiscal.

In a regulatory filing, PSB said its board has approved raising capital in one or more tranches by March 2027, aggregating up to ₹5,000 crore. This consists of raising ₹3,000 crore through QIP/FPO/rights issues and ₹2,000 crore by way of bonds.

Its sales bookings, or pre-sales, stood at ₹1,117 crore in the year-ago period.

In a regulatory filing, Kalpataru Ltd informed that its sales bookings rose 43% to ₹2,577 crore during the first six months of this fiscal year from ₹1,799 crore in the corresponding period of the preceding year.

The company plans brownfield expansion across West Bengal, Odisha, and Madhya Pradesh to minimise execution risks and optimise returns on capital employed, a statement said.

The company aims to expand its aggregate production capacity from 15 million tonnes to 27 million tonnes by 2031 and targets a 2.5-fold increase in topline to ₹40,000 crore, it said.

Fitch said it has also affirmed the rating on IIFL's senior secured debt at 'B+' with a Recovery Rating of 'RR4'.

In addition, the global medium-term note programme (GMTN) rating has been affirmed at 'B+', the global rating agency said in a release.

It had a net profit of ₹209.4 crore in the July-September quarter a year ago, according to a regulatory filing from Zee Entertainment Enterprise Ltd (ZEEL).

Its total income was down 1.9% to ₹1,995.6 crore in the September quarter of FY26. It was at ₹2,034.4 crore in the corresponding quarter.

According to the company, "Investment in content for long-term growth impacted profitability."

Its net profit stood at ₹43.36 crore in the year-ago period.

Total income rose to ₹264.82 crore in the July-September quarter of this fiscal year from ₹203.33 crore in the corresponding period of the preceding year, according to a regulatory filing.

Mumbai-based Arkade Developers has delivered over 5.5 million square feet of property, with an additional 2 million square feet currently under construction.