Stocks To Watch, October 31: Bandhan Bank, ACC, Maruti, Vedanta, BEL, RIL, ITC, DLF, Swiggy, NTPC, Dabur India

BofA Securities, through its affiliate BofA Securities Europe SA, bought 2,95,600 shares of Reliance Industries, as per the block deal data available on the National Stock Exchange (NSE).

BofA Securities Europe SA is a subsidiary of Bank of America Corporation.

The transaction was valued at around ₹43.62 crore and was executed at an average price of ₹1,475.50 apiece.

The company had reported a net profit of ₹5,054.43 crore in the year-ago period.

In a regulatory filing, ITC Ltd said the results for the quarter are not comparable, as the amalgamation of Sresta Natural Bioproducts Pvt Ltd (SNBPL) and Wimco Ltd, wholly owned subsidiaries, with the company was approved by the Board of Directors on August 1, 2025.

Its revenue from operations declined marginally to ₹21,255.86 crore, as against ₹21,536.38 crore a year ago, the filing showed.

However, ITC Ltd's total expenses also reduced to ₹15,016.02 crore, from ₹15,415.21 crore a year ago.

Notably, ITC's Board approved the voluntary delisting of its ordinary shares from the Calcutta Stock Exchange (CSE).

The company also recommended for approval the appointment of Amitabh Kant as a director and also as an independent director of the company for five years with effect from January 1, 2026.

The company had reported a net loss of ₹626 crore for the year-ago period.

However, revenue from operations increased to ₹5,561 crore from ₹3,601 crore a year ago, a regulatory filing to the exchanges showed.

Besides, the company said its board will meet on November 7 to consider and approve a proposal to raise ₹10,000 crore through a qualified institutional placement (QIP).

Swiggy said the external environment is competitive and dynamic, and hence the company's board will consider raising additional funds.

"With the current cash balance to be further bolstered by the ₹2,400 crore Rapido divestment, we feel comfortable about our overall balance sheet strength and are well-funded for our growth ambitions," Swiggy said in a letter to shareholders.

Operating profit of the bank also decreased to ₹1,310 crore in the current second quarter, as against ₹1,855 crore in the similar previous quarter.

MD & CEO of Bandhan Bank Partha Pratim Sengupta told reporters that the second quarter results were transitional and the lender's profitability will improve in the coming months.

"The repo rate cut has had an impact on the profitability of the bank. There has been a repricing of deposits of the bank. The focus of the bank is on CASA (current account, savings account) growth. The results of the second quarter are below internal expectations," Sengupta said.

Sengupta said that the growth of the microfinance portfolio remained subdued during the second quarter.

"For the bank, the share of secured advances continued to rise. There has been a decline in bulk deposits," Sengupta said.

Its net profit stood at ₹1,381.22 crore in the year-ago period.

Revenue from operations fell to ₹1,643.04 crore during the July-September period of this fiscal year from ₹1,975.02 crore logged a year ago.

Total income, however, rose to ₹2,261.80 crore from ₹2,180.83 crore in the year-ago period on the back of an increase in the other income.

DLF is the country's largest real estate firm in terms of market capitalisation.

It had clocked a net profit of ₹5,274.59 crore in the year-ago quarter, the company said in an exchange filing.

The company's total income was ₹45,262.10 crore against ₹45,197.77 crore a year ago.

Its expenses declined to ₹40,218.03 crore from ₹40,877.27 crore in the second quarter of FY25.

The board of the company also declared the first interim dividend of ₹27.75 per share for FY26.

The asset management company had earned a PAT of ₹360 crore in the year-ago period.

However, the company's revenue from operations rose 15% to ₹658 crore in the second quarter of the current fiscal year (FY26) from ₹571 crore in the same period of the preceding fiscal year, according to a stock exchange filing.

The company had posted a consolidated net profit of ₹417.52 crore in the same quarter last fiscal year, Dabur India said in a regulatory filing.

Consolidated revenue from operations during the quarter stood at ₹3,191.32 crore as against ₹3,028.59 crore in the year-ago period, it added.

Total expenses in the quarter under review were higher at ₹2,758.33 crore as compared to ₹2,634.40 crore in the corresponding period a year ago, the company said.

"Despite a dynamic economic environment and transitional GST headwinds, we delivered robust topline and bottomline growth, reaffirming our leadership across core categories," Dabur India CEO Mohit Malhotra said.

The company had clocked a net profit of ₹108.32 crore a year ago, a regulatory filing stated.

Total income rose to ₹183.26 crore in the quarter from ₹167.76 crore in July-September FY25.

The company had posted a consolidated net profit of ₹540.3 crore in the second quarter of the last fiscal, Pidilite Industries, manufacturer of adhesives, sealants and construction chemicals, according to a regulatory filing.

Its consolidated revenue from operations in the second quarter stood at ₹3,554.44 crore against ₹3,234.91 crore in the year-ago period, it added.

The company had posted a net profit of ₹341 crore in the July-September quarter a year ago, according to a regulatory filing from United Spirits Ltd (USL).

Its revenue from operations increased 7.9% to ₹7,199 crore in the September quarter of FY26. It was ₹6,672 crore in the corresponding period of the previous fiscal year.

USL's total expenses were at ₹6,625 crore, up 5.76% in the September quarter.