Stocks To Watch, October 29: AMC stocks, HAL, L&T, Coal India, NTPC Green Energy, Adani Total Gas, Shree Cement, Adani Green

Under the proposed framework, SEBI plans to eliminate the additional 5 basis points (bps) that asset management companies (AMCs) were previously allowed to charge across mutual fund schemes.

This additional expense, introduced to offset the impact of crediting exit loads back to schemes, was first set at 20 bps in 2012 and later reduced to 5 bps in 2018. The additional expense of 5 bps that mutual fund schemes were allowed to charge was transitory in nature, SEBI noted.

Accordingly, with the objective of rationalising costs for unitholders, this expense has been proposed to be removed. "However, to mitigate the impact of this change on the operations of AMCs, the first two slabs of the expense ratio for open-ended active schemes have been revised upward by 5 bps," it added.

SJ-100is a twin-engine, narrow-body aircraft. As of date, more than 200 aircraft have been produced and are being operated by more than 16 commercial airline operators. SJ-100 will be the game changer for short-haul connectivity under the UDAN Scheme in India. Under this arrangement, HAL will have the right to manufacture SJ-100 aircraft for domestic customers.

The Bengaluru-headquartered IT firm had logged a profit of ₹49.5 crore in the year-ago period, according to a regulatory filing.

The company's revenue for operations rose 9.95% to ₹573.57 crore, as against ₹521.64 crore logged a year ago.

Seen sequentially, profit fell 5.4% while revenue increased 4.3%.

"Our success in generative and agentic AI is evident from 22 transformative use cases that have progressed into replicable projects, unlocking a GenAI Business Services (GBS)-led sales potential of nearly US $50 million. Our investment in an independent Net New (NN) sales unit has also delivered strong early outcomes, with 30 new client additions during H1 representing a revenue potential of about US $50-60 million over the next three years," company CEO Joseph Anantharaju said.

ICRA had posted a net profit of ₹37.1 crore in the July-September period last year.

Consolidated revenue from operations increased 8.3% to ₹136.6 crore for the second quarter of the ongoing fiscal year, compared to ₹126.1 crore a year earlier.

The profit after tax (PAT) for the half year ended September 2025 increased 24.4% to ₹90.8 crore from ₹73.0 crore seen in the corresponding previous year.

In a regulatory filing, the company said the LoA was issued on October 27, and Purvah has duly acknowledged its receipt and acceptance.

The selection was made under SECI's Request for Selection for setting up 2,000 MW of interstate transmission system (ISTS)-connected solar PV power projects, coupled with 1,000 MW/4,000 MWh of energy storage systems across India.

US-based Advent International, through its special purpose vehicle Jomei Investments Ltd, offloaded 2.66 crore shares each, or a 2.04% stake, in Aditya Birla Capital on the BSE and NSE through separate block deals.

The combined transaction was valued at around ₹1,638.56 crore, at an average price of ₹308 apiece on both the exchanges.

The decision was taken at a meeting of the board of the company, Jindal Steel said in an exchange filing.

Besides, the company on Tuesday posted over a 26% year-on-year fall in consolidated net profit to ₹635.08 crore in the September quarter on account of an increase in expenses.

The company had clocked a net profit of ₹860.47 crore in the July-September period of the preceding 2024-25 financial year, the Naveen Jindal Group entity said in an exchange filing.

However, the company's total income rose to ₹11,707.82 crore from ₹11,248.14 crore in the second quarter a year ago.

Total expenses also increased to ₹10,725.55 crore from ₹10,034 crore in the year-ago period.

BPCL and OIL signed a non-binding MoU to explore collaboration in developing BPCL’s upcoming Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port in the Nellore district, Andhra Pradesh, a press release from BPCL said.

The proposed facility, with a refining capacity of 9-12 million metric tonnes per annum (MMTPA) and an estimated investment of ₹1 lakh crore ($11 billion), will be a cornerstone of India’s downstream expansion.

Under the MoU, the companies will evaluate opportunities for collaboration, including the possibility of OIL taking a minority equity stake in the proposed joint venture.

The partnership will focus on device testing, certification, and the joint development of artificial intelligence (AI) and machine learning (ML) applications, aiming to provide turnkey B2B solutions across sectors such as oil and gas, manufacturing, and telecommunications, according to a company statement.

Tech Mahindra will integrate Crosscall's intelligent devices, precision-engineered accessories, and connectivity offerings with its enterprise digital solutions and services for global customers.

Crosscall makes rugged, waterproof, and high-endurance smartphones built to survive in mission-critical and industrial environments.

The company had reported a net profit of ₹390 crore in the year-ago period.

On a standalone basis, its profit after tax jumped 54% to ₹569 crore during the reporting quarter as compared with ₹369 crore in the year-ago period.

The overall disbursements grew 3% on-year, while the gross loan book was up 13%, it said.

Core net interest income, including dividend and other income, grew 22% on the year to ₹2,423 crore, while the NII margin expanded to 7% from 6.5% in the year-ago period.

The Chennai-based company had earned a profit of ₹111 crore during the corresponding quarter of the last year.

The Gross Written Premium during the quarter under review grew to ₹4,424 crore, from ₹4,371 crore registered in the year-ago period.

Income from investment declined to ₹182 crore in the September quarter as against ₹208 crore in the same period a year ago.

Net profit stood at ₹162 crore in July-September – the second quarter of the 2025-26 fiscal year – compared with ₹178 crore earnings in the same period last year, according to a company statement.

The cost of gas, which the firm turns into CNG for sale as fuel to automobiles and pipes to household kitchens for cooking, rose 26% in the quarter as the company had to make up for the lower allocation of below-market-priced APM gas with high-priced alternatives.

The NBFC firm had earned a consolidated net profit of ₹1,133 crore in the second quarter of the previous fiscal year.

This is the first quarterly number announcement after the listing of the Tata Capital stocks on the bourses. Its shares were listed on stock exchanges on October 13.

Total income rose to ₹7,750 crore during the quarter under review, from ₹7,192 crore seen in the same period a year ago, Tata Capital said in a regulatory filing.

As regards interest income during the quarter, the financial services firm earned ₹6,980 crore as against ₹6,253 crore in the same period a year ago.

The company had posted a net profit of ₹76.64 crore in the July-September period a year ago, according to a regulatory filing from the Bangur family-promoted Shree Cement Ltd (SCL).

Its revenue from operations was up 17.43% to ₹4,761.07 crore in the September quarter of FY26. It was at ₹4,054.17 crore in the corresponding quarter of the preceding fiscal year.

The Defence Acquisition Council (DAC) last week accorded approval for the acquisition of LPDs – a critical capability addition for the Indian Navy to undertake amphibious operations and deliver humanitarian assistance and disaster relief (HADR) missions.

Total income of the company rose by 32.6% to ₹145.4 crore in the second quarter of FY 2025-26 compared to ₹109.6 crore in the year-ago quarter.

The company reported an 89% quarter-on-quarter and 42% year-on-year (YoY) increase in pre-sales to ₹153 crore, driven by the successful launches of Suraj Aureva at Prabhadevi and Suraj Parkview 1 at Dadar (West), the company said.

The existing capacity at the Ghiloth unit is 6.8 lakh units per annum with capacity utilisation of 52% based on the production volume of H1 FY26, Havells India Ltd said in a regulatory filing.

The proposed capacity addition is an additional 1.5 lakh units per annum, which is expected to be added by December 2026 at an investment of ₹60 crore, it added.

The company had clocked a net profit of ₹515 crore in the July-September period of the preceding 2024-25 financial year, the Adani Group entity said in an exchange filing.

The company's revenue from power supply rose to ₹2,776 crore from ₹2,308 crore in the second quarter a year ago.

Total income dropped to ₹3,249 crore in the September quarter from ₹3,396 crore in the year-ago period. Total expenses stood at ₹2,874 crore as against ₹2,857 crore in Q2 FY25.

The company had posted a net profit of ₹2.82 crore in the year-ago period.

Total income fell to ₹113.23 crore during the second quarter of the 2025-26 fiscal year from ₹275.82 crore in the corresponding period of the preceding year, according to a regulatory filing.

Aditya Birla Real Estate Ltd is one of the leading property developers in the country.

Officials said four Russian oil companies have been sanctioned so far, but the largest supplier to India, Rosneft, which handles around 45% of flows, is not an actual producer but an aggregator. Crude aggregation from fields in Russia can be carried out by other non-sanctioned entities, allowing supplies to continue.