Stocks to Watch, October 30: L&T, NTPC, BHEL, ITC, Swiggy, Wipro, Sammaan Capital, Dr Reddy's and more

Stocks to Watch, October 30: The domestic stock markets are likely to open in the negative territory on Thursday, October 30. The GIFT NIFTY futures suggest that the NIFTY50 index will open 0.23% lower.

Stocks to Watch, October 30

• Q2 earnings today: Several key companies will post their latest September earnings on Thursday, October 30. The list includes names such as ITC, NTPC, Adani Power, Hyundai Motor India, DLF, Pidilite Industries, Lodha Developers, Cipla, Canara Bank, Swiggy, Union Bank of India, Dabur India, Aditya Birla Capital and Exide Industries, among others.
• L&T: Infrastructure giant Larsen & Toubro (L&T) reported a 15.6% surge in consolidated profit after tax to ₹3,926.09 crore for the quarter ended September 2025 on the back of higher revenues. The company had recorded a PAT of ₹3,395.29 crore in the year-ago period, L&T said in a regulatory filing. Its revenue from operations in Q2 FY26 rose 10% to ₹67,983.53 crore vs ₹61,554.58 crore in Q2 FY25, the filing said.
• BHEL: State-owned Bharat Heavy Electricals Ltd's consolidated net profit more than tripled to ₹374.89 crore in the quarter under review compared to ₹106.15 crore in the three-month period ended in September 2024, a regulatory filing showed. Total income advanced to ₹7,686.41 crore from ₹6,695.37 crore a year back.
• NTPC Green: State-run NTPC Green Energy Ltd (NGEL) posted an over 130% year-on-year rise in its consolidated profit after tax to ₹87.59 crore in the reporting quarter, mainly on the back of higher revenues. A year back, its post-tax profit stood at ₹38.04 crore. Total income climbed to ₹656.72 crore in the July-September quarter of this fiscal year from ₹525.32 crore in the same period a year ago.
• Sammaan Capital: Shareholders of the housing finance company have approved the proposed 43.46% stake sale in the firm for USD 1 billion to Dubai-based Avenir Investment RSC, an affiliate of International Holding Company. "The shareholders of the company have approved the resolution for preferential issue of equity shares and warrants to the investor (at an issue price of ₹139 per share/warrant and for an aggregate amount of ₹8,850 crore), with an overwhelming majority of 94.41% votes in favour," it said.
• Samvardhana Motherson International: The auto components maker has announced the appointment of Gandharv Tongia as its Group Chief Financial Officer Designate. His formal appointment will commence on November 15, 2025, the company said in a statement.
• Texmaco Rail & Engineering: The company has bagged infrastructure contracts worth more than ₹78 crore from the Maharashtra Metro Rail Corporation Limited (Maha-Metro) and the Central Railway. The ₹44.61-crore Maha-Metro contract is for the design, installation, testing and commissioning of critical systems for the PCMC-Nigdi elevated extension of the Pune Metro. It also bagged a ₹33.89-crore order from the Central Railway for the Ahmednagar-Beed-Parli new broad-gauge line.
• Wipro: The AI-powered technology services and consulting company has signed a multi-year strategic deal with clothing company HanesBrands Inc to transform the latter's IT infrastructure as well as cybersecurity operations with an AI-first approach.
• Zydus Lifesciences: The pharma player has received the Establishment Inspection Report, or EIR, from the USFDA for an inspection conducted at its manufacturing plant located at Baddi, from August 4 to 13. The facility has been classified as Voluntary Action Indicated (VAI). The US Food and Drug Administration has concluded this inspection as closed.
• Dr Reddy's: The company has received a Notice of Non-Compliance from the Pharmaceutical Drugs Directorate, Canada, regarding its Abbreviated New Drug Submission (ANDS) for Semaglutide Injection. The notice demands additional details and clarifications on specific aspects of the submission.