Company news
Company news from NSE and BSE listed businesses: results, order wins, deals, management changes and corporate actions.
Thursday, 15 October 2026
'The question was when, not if': Sunil Mittal recalls 3 'Mahabharatas' that nearly sank Bharti Airtel
The Bharti Enterprises founder said the business saw three 'near-death' crises, recalling how keeping teams inspired was critical as he traced his journey from forging bicycle…
BHARTIARTL
Persistent Systems Q2: Net Profit Falls 27% Even As Revenue Sees A Rise
Persistent Systems's revenue was up 8.4% to Rs 4,664 crore compared to Rs 4,303 crore in the previous quarter.
2 outletsPERSISTENTQuarterly Results
Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI Bank
Kotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create long-term national wealth. He said the…
2 outletsHINDZINCIDBIMutual Funds
Isha Ambani recalls how a failed college assignment led to the idea for Jio: ‘The internet did not work’
Isha Ambani recalled how an unsuccessful attempt to submit college assignment online in Mumbai prompted a conversation with her brother Akash Ambani about India's internet…
RELIANCEIPO & Listings
Tech Mahindra announces 1:1 bonus issue, Rs 15 interim dividend; check record date
Tech Mahindra announced a 1:1 bonus share issue and Rs 15 interim dividend as it celebrated its 40th anniversary. The company expects bonus shares to be credited by December 15…
3 outletsTECHMCorporate Actions
Akash Ambani says Jio's 6G rollout is on the horizon, but it won't need a physical infrastructure build-out; details
Jio plans to offer 6G through a software upgrade rather than new infrastructure and is also targeting 340 million users in the mobility segment. Full details here.
RELIANCEInfrastructure
Cyient DLM Q2: Revenue Jumps 26.5% To Rs 393 Crore, Margin Contracts
Cyient DLM reported 26.5% year-on-year revenue growth in Q2 FY27, while EBITDA margin narrowed to 8.7% from 10.1% a year ago. Its order book hit a record Rs 2,813.7 crore.
CYIENTQuarterly Results
IRFC Q2 results 2026, dividend: Maharatna PSU declares highest-ever dividend; Profit rises 10% to ₹1,958 cr
IRFC reported a 10% year-on-year rise in Q2FY27 net profit to ₹1,958.48 crore, while quarterly revenue reached ₹7,866.41 crore. Its board approved a record interim dividend of…
IRFCCorporate Actions
Torrent Power plans around $500 million bond sale, bankers say
Torrent Power is set to launch a substantial bond sale of rupee-denominated bonds, aiming to raise around $500 million. This comes after their earlier issuance of 38 billion…
TORNTPOWER
TCS launches Industrial Intelligence Foundry for industrial AI; completes BBY Services India acquisition
TCS said it had completed the acquisition of a 100% partnership interest in BBY Services India LLP.
TCS
HDFC AMC net profit climbs 4% to ₹749 crore in September quarter
HDFC AMC's consolidated net profit rose 4.2 per cent to ₹749 crore in Q2 FY27, while revenue increased 14 per cent to ₹1,170 crore. Its assets under management stood at ₹9.7…
2 outletsHDFCBANKQuarterly Results
Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%
Wipro reported September-quarter revenue of ₹24,752.7 crore, up 1.1% sequentially and 9.0% year-on-year. Consolidated net profit fell 4.7% quarter-on-quarter to ₹3,199.7 crore and…
5 outletsWIPROQuarterly Results
Ace investor Sunil Singhania adds 6 new stocks in Q2; likely exits two companies after 150% rally
Sunil Singhania’s Abakkus funds added six stocks, including Aether Industries, BEML and Paramount Communications, amid market volatility and foreign investor outflows. The funds…
2 outletsAETHERBEMLCYIENTQuarterly Results
HDFC AMC Q2 Results: Net Profit Falls 10.5%, Total Income Dips 9%
4 outletsHDFCBANKQuarterly Results
In freefall! Yes Bank crashes 20% after SC ruling on AT-1 bond write-off
The dispute stems from the RBI-led reconstruction plan for Yes Bank in March 2020, under which AT1 bonds worth more than ₹8,300 crore were written down.
3 outletsYESBANK
CAS review: BSE, Groww rally 3% as Sebi panel likely backs VWAP method
VWAP is a concept that gives the average price a security has traded at throughout the day based on both volume and price.
GROWW
IDBI Bank stake sale to push divestment to 8-year high, exceed FY27 target
The total stake sale approved in IDBI Bank to Canada-based Fairfax Holdings is ₹52,878 crore, with Life Insurance Corporation of India (LIC) and the government selling a combined…
IDBILICIPromoter Activity
Indian Bank, South Indian Bank gain up to 5% from day's low post Q2 results
Indian Bank reported a near 15% YoY growth in net profit, while Uco Bank and South Indian Bank posted 26.8% and 21.3% profit growth in Q2FY27.
INDIANBUCOBANKQuarterly Results
Supreme Court Sets Aside Yes Bank's Rs 8,415 Crore AT1 Bond Write-Off In Big Win For Bondholders
The ruling comes nearly five months after the apex court reserved its order on May 20, following arguments from the Centre, the Reserve Bank of India, Yes Bank and bondholders.
5 outletsYESBANKBANKINDIA
Indian Bank Q2FY27 result: Net profit rises 15% to ₹3,462 cr, income up 21%
Indian Bank on Thursday reported a 15 per cent rise in net profit to Rs 3,462 crore for the second quarter ended September 30. The Chennai-based public sector lender posted a net…
2 outletsINDIANBQuarterly Results
Q2 Results Live: Tata Communications Profit Soars Over 86%; Tips Music Declares Dividend
Q2 Results Live: Wipro, Tech Mahindra, Nestle India, Polycab India, HDFC AMC and Angel One are among 48 companies scheduled to announce their Q2 FY27 results today, October 15.…
3 outletsTATACOMMTIPSMUSICWIPROQuarterly Results
NMDC Steel share price jumps 6%; what's next as experts see weakness in technical chart | Support, resistance
NMDC Steel shares rose more than 6% on Thursday amid a broad rally in Indian equities and improving steel-sector sentiment. HRC prices increased, while the company also appointed…
NMDCNSLNISP
Polycab India Q2 earnings: Net profit rises 43%, EBITDA at Rs 1,422 crore
Polycab India Q2 earnings: The FMEG major said it logged highest ever second quarter & half year revenue, EBITDA & profitability.
POLYCABQuarterly Results
UCO Bank Q2 Results: Profit Jumps 27% As NII Tops Rs 2,800 Crore; Asset Quality Improves
Net interest income, the difference between interest earned and interest expended, grew 14% to Rs 2,886 crore from Rs 2,533 crore a year ago.
2 outletsUCOBANKQuarterly Results
Nestlé India shares crash over 8% as food inflation bites
Broad-based growth across products and channels helped Nestlé India record 36% rise in profit and 20.3% jump in sales in the September quarter
NESTLEINDMonetary Policy
Satcom services unlikely to gain scale, compete on price in India: Jio
RIL developing own satellite constellation, evaluating partnerships with global cos
RELIANCE
Volume Shocker: MFs add 1 crore+ shares to 5 stocks in September; shares tumble up to 43%
Mutual funds significantly increased stakes in 45 stocks in September 2026 despite market volatility. While gainers like PhysicsWallah and Meesho rallied up to 21%, heavy…
2 outletsPWLMEESHOPOLICYBZR
SMIDs to large-caps shift likely if earnings gap narrows: Bharti Axa CIO
The key issue is that high-growth mid/small-caps are stretched on valuation right now, while rest of the market appears relatively cheap, said Bharti AXA Life Insurance's CIO…
BHARTIARTLQuarterly Results
Nestle India Q2 result: Net profit rises 36% to ₹1,026 cr, revenue up 20%
FMCG major Nestle India on Thursday reported a 36.32 per cent rise in consolidated net profit at Rs 1,026.77 crore for the September quarter of FY27, on a year-on-year basis. The…
NESTLEINDQuarterly Results
Fairfax plans to combine IDBI Bank, Digit and IIFL Capital into one entity
N S Kannan, former managing director and chief executive officer of ICICI Prudential Life Insurance and former chief financial officer of ICICI Bank, is proposed to become chairman
2 outletsIDBIICICIBANKICICIPRULI