Thursday, October 29, 2026

Stocks to Watch: Hero MotoCorp, LG Electronics, Tata Motors, Voltas and more

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Hero MotoCorp | The company’s Q2 net profit rises 15.7% YoY to ₹1,393 crore; revenue grows 16% to ₹12,126 crore with 16.91 lakh two-wheelers sold, boosting margins and EBITDA.

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Voltas Ltd | The company reported a steep 74.4% YoY drop in net profit to ₹34.3 crore for Q2 FY26, compared with ₹134 crore last year. Revenue fell 10.4% to ₹2,347 crore, while EBITDA slumped 56.6% to ₹70.4 crore and margins narrowed to 3%. The results missed CNBC-TV18’s estimates on all key metrics.

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Muthoot Finance | The company reported a strong Q2 FY26, with net profit up 87.4% YoY to ₹2,345 crore, beating estimates. NII rose 58.5% to ₹3,992 crore, while loan AUM grew 42% to ₹1.47 lakh crore, led by a 45% surge in gold loans.

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NSDL | The company’s Q2 net profit rose 14.6% YoY to ₹110 crore, with revenue up 12.1% to ₹400 crore. EBITDA grew 12.7% to ₹127.5 crore, while operating margin held steady at 31.9%.

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Vishal Mega Mart The company reported a strong Q2, with net profit up 46.4% YoY to ₹152.3 crore and revenue rising 22.4% to ₹2,981 crore. EBITDA grew 30.7% to ₹394 crore, as margins improved to 13.2%.

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CESC | The company gets Odisha govt nod for ₹4,500 crore renewable project in Dhenkanal, including 3GW solar cell & module units, 5GWh battery facility, and 60 MW captive power plant.

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Jubilant FoodWorks | The company posted a 19.7% YoY rise in revenue to ₹2,340 crore in Q2FY26, led by strong Domino’s performance. Group sales hit ₹2,746.5 crore, with 93 new stores, taking the total network to 3,480 outlets.

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LG Electronics India | The company reported a 27.3% YoY drop in Q2FY26 net profit to ₹389 crore, even as revenue inched up 1% to ₹6,174 crore. EBITDA fell 27.7% to ₹547.5 crore, with margins narrowing to 8.9% from 12.4% last year.

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Tata Motors | Tata Motors CV reported a net loss of ₹867 crore in Q2FY26, versus a ₹498 crore profit last year, hurt by ₹2,000 crore mark-to-market losses on Tata Capital investments. Revenue rose 6% YoY, but EBITDA plunged 99% to ₹17 crore.

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Relaxo Footwears | The company reported Q2FY26 profit of ₹36 crore, with margins steady at 5.8%, despite a 7.5% drop in revenue to ₹629 crore amid weak demand. The company said sales are recovering post-GST 2.0 rollout.

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NBCC | NBCC (India) Ltd has bagged a ₹340.17-crore contract for Phase-I construction of the Central University of Kashmir at Tulmulla, Ganderbal, strengthening its institutional infrastructure portfolio.

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Dilip Buildcon | The company’s Q2 net profit drops 22.8% YoY to ₹182 crore, revenue down 21.8% to ₹1,925 crore; EBITDA at ₹470.6 crore with margin improving to 24.5% from 20.3% last year.

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Sonata Software | The company’s Q2 net profit rises 13.5% YoY to ₹120.9 crore, up 10% sequentially; revenue falls 2.3% YoY to ₹2,119.3 crore, hit by weaker domestic product and services, while international IT services grow 4.3% QoQ.

Key Opportunities | Private equity, hedge funds, real estate, infrastructure, Pre-IPO – alternative investments open the door to diverse opportunities for wealth creation.

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Nippon Life India AMC | The company said its board has approved a strategic partnership with European asset manager DWS Group, which will acquire up to 40% stake in NAM India’s AIF arm to jointly build an AIF franchise in India.

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PG Electroplast Ltd | The company’s Q2 profit slumped 86% YoY to ₹3 crore, missing estimates, while revenue dipped 2.3% to ₹655.3 crore. EBITDA fell 46% to ₹30.3 crore, with margins shrinking to 4.6%.

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Orkla India | Maker of MTR Foods, reported a 7.3% YoY drop in Q2 net profit to ₹77 crore, while revenue rose 4.9% to ₹650.2 crore. EBITDA fell 6.2% to ₹106.7 crore, with a margin of 16.4%.

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