Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp
BSE moved higher in a quarterly results development.
· Economic Times Markets, ET Stocks, LiveMint Markets
Indian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, including Reliance Industries and Jio Platforms, published positive quarterly earnings results. Reliance Industries saw a 41% increase in net profit, supported by strong performances in various sectors.
The analysis
BSE reported movement of 41%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹1,164.90, and has returned -9.9% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 6 companies named span 5 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 4 of 6 are higher: NTPC leads at +1.9% and Reliance Industries trails at -0.2%.
- Over three months: Reliance Industries -9.9% against Oil & Energy -5.7% (4.2 points behind); ITC -6.8% against FMCG -10.7% (3.9 points ahead); NTPC -8.3% against Power -13.2% (4.9 points ahead); Hero Motocorp -3.0% against Auto -7.7% (4.7 points ahead).
- At least 25% below the 52-week high: Reliance Industries (27%), ITC (37%) and Indian Oil (31%).
- Trading well above normal today: Sun Pharmaceutical at 3.4 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE · Oil & Energy | ₹1,164.90 | -0.2% | -1.9% | -9.9% | -26.8% | 1.0× | — |
| ITCITC · FMCG | ₹265.60 | +0.2% | +1.1% | -6.8% | -36.8% | 0.7× | — |
| NTPCNTPC · Power | ₹316.25 | +1.9% | -2.0% | -8.3% | -22.9% | 1.8× | — |
| Hero MotocorpHEROMOTOCO · Auto | ₹5,167.00 | +1.2% | -1.4% | -3.0% | -18.6% | 1.1× | — |
| Sun PharmaceuticalSUNPHARMA · Pharma & Healthcare | ₹1,777.70 | +0.9% | -2.1% | -11.2% | -11.2% | 3.4× | — |
| Indian OilIOC · Oil & Energy | ₹130.15 | -0.2% | -3.5% | -7.0% | -30.6% | 1.4× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries, Indian Oil
FMCG
1M -4.9% · 3M -10.7%
ITC
Power
1M -6.9% · 3M -13.2%
NTPC
Auto
1M -5.8% · 3M -7.7%
Hero Motocorp
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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