Monday, November 10, 2025

Stocks to Watch: Axis Bank, HDFC Life, HDB Financial, Hero MotoCorp and more

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Axis Bank Ltd | The bank reported a 26% year-on-year drop in net profit to ₹5,090 crore for the September quarter, weighed down by a one-time ₹1,231 crore provision for discontinued crop loan variants, following an RBI advisory. The lender’s Net Interest Income (NII) rose 1.9% year-on-year to ₹13,744 crore, slightly above estimates. Asset quality remained steady, with Gross NPA improving to 1.46% from 1.57% in the June quarter and Net NPA at 0.44%.

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HDFC Life | The company reported a 3.2% year-on-year rise in Q2FY26 profit at ₹449 crore, while net premium income grew 13% to ₹18,871 crore. Sequentially, profit declined 18% from the previous quarter. For H1FY26, PAT stood at ₹994 crore, up 9% year-on-year, with total APE rising 10% to ₹7,413 crore.

HDB Financial shares

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HDB Financial Services | The company reported a 1.6% year-on-year decline in Q2FY26 net profit to ₹581 crore, even as NII rose 19.7% to ₹2,193 crore and total income grew 18.4% to ₹2,851 crore. Pre-provisioning operating profit increased 24.4% to ₹1,530 crore.

KEI Industries share price

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KEI Industries | The company reported a 31.3% year-on-year rise in Q2FY26 net profit to ₹204 crore, driven by strong revenue growth, though EBITDA missed estimates. Revenue rose 19.4% to ₹2,726 crore, while EBITDA increased 20% to ₹269.1 crore, below the ₹283 crore forecast.

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Hero MotoCorp | The automaker firm announced its entry into the Spanish market through a partnership with Noria Motos, part of the ONEX Group, marking its 50th international foray and strengthening its European footprint after Italy. The company will initially sell Euro 5+ compliant motorcycles via 30 outlets, expanding to over 50 by 2026.

JK Cement share price

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JK Cement Ltd | The NCLT Allahabad Bench has approved the merger of Toshali Cements Pvt Ltd with JK Cement Ltd, effective January 1, 2024, transferring all assets, liabilities, and employees to the parent company. Toshali Cements will be dissolved, as sanctioned under Sections 230-232 of the Companies Act, 2013.

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Bharat Electronics Ltd | BEL, the Navratna defence PSU, said that it has secured fresh defence orders worth ₹592 crore.

Bajaj Housing Finance share price

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Delta Corp Ltd | The company reported a 7% year-on-year drop in net profit to ₹25 crore for the quarter ended September 2025, down from ₹27 crore last year. Revenue stayed flat at ₹182.7 crore, while EBITDA declined 18.5% to ₹39.5 crore, reflecting weaker operating performance.

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L&T Finance | L&T Finance Ltd reported a 6% year-on-year rise in consolidated net profit to ₹735 crore for the quarter ended September 30, 2025, driven by strong retail lending and improved asset quality. Revenue grew 8% to ₹4,335 crore, while net interest income rose 10.3% to ₹2,403 crore.

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Angel One | reported a 50% year-on-year drop in net profit to ₹212 crore for Q2 FY25. Revenue declined 20% to ₹1,201 crore, while EBITDA fell 38.2% to ₹415.2 crore. Margins narrowed to 34.5% from 44.7% last year.

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Oberoi Realty | The company reported a 29% YoY rise in net profit to ₹760 crore for Q2 FY25, with revenue up 34.8% to ₹1,779 crore on strong project demand. EBITDA grew 25.3% to ₹1,020 crore, though margins dipped to 57.3% from 61.7% due to higher costs.

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