Stocks to Watch: RIL, HDFC Bank, PNB Bank, Federal Bank and more

Punjab National Bank | The bank’s Q2 net profit rose 14% YoY to ₹4,904 crore, aided by strong business growth and better asset quality. NII dipped slightly to ₹10,469 crore, while GNPA improved to 3.45% from 3.78%. RoA rose to 1.05%.

Federal Bank | The bank’s Q2 FY26 net profit fell 9.6% YoY to ₹955.3 crore but beat estimates of ₹895 crore. NII rose 5.4% to ₹2,495.2 crore. Asset quality improved, with GNPA down to 1.83% from 1.91%, while NNPA remained stable at 0.48%.

Rural Electrification Corporation (REC) | State-owned company reported a 9.3% YoY drop in consolidated net profit to ₹4,415 crore for Q2 FY26. Net interest income fell 16.3% to ₹6,022 crore. The board approved a second interim dividend of ₹4.60 per share, with the record date set for October 27, 2025.

Bank of India | The bank reported a 7.6% year-on-year rise in net profit to ₹2,554 crore for Q2, driven by lower bad loans and improved asset quality. Gross NPA fell to 2.54% from 2.92% sequentially, while net NPA declined to 0.65%.

RBL Bank | The bank’s Q2 FY26 net profit fell 20% YoY to ₹178.5 crore, missing estimates, while NII rose 4% to ₹1,550.7 crore. Asset quality improved with GNPA at 2.32% vs 2.78%, though NNPA rose to 0.57%. Provisions increased to ₹499.7 crore sequentially.

JSW Energy | The company reported a 17.4% YoY decline in Q2 net profit to ₹705 crore from ₹853 crore. Revenue fell 60% to ₹5,177.4 crore, while EBITDA dropped 77.8% to ₹2,996 crore. On a consolidated basis, EBITDA rose 67% YoY to ₹3,180 crore, supported by renewable capacity additions and Mahanadi and O2 Power projects.

L&T Technology Services | The company posted a 15.8% YoY revenue growth for Q2FY26 to ₹2,980 crore, with net profit up 4.1% QoQ at ₹329 crore. The company secured record large deals worth nearly $300 million, reflecting strong global demand for its digital and AI-led engineering services.

IndiaMART InterMESH | The company reported a 38.8% year-on-year decline in Q2 FY26 profit to ₹83 crore, even as revenue rose 12.5% to ₹391 crore on higher customer collections.

CESC | The power utility firm reported a 20.4% YoY increase in Q2 net profit to ₹425 crore, supported by 12% revenue growth to ₹5,267 crore. EBITDA rose 18.4% to ₹1,061 crore, with margins expanding to 20.1%. The board declared an interim dividend of ₹6 per share, payable to shareholders on record as of October 27, 2025.

Crisil | The firm reported a 12% year-on-year rise in Q2 consolidated net profit to ₹193 crore, up from ₹172 crore a year ago. Revenue grew 12.2% to ₹911 crore, with EBITDA rising 18% to ₹263.2 crore and margins improving to 28.9%. The board declared a third interim dividend of ₹16 per share, payable on November 6, 2025.

Orient Electric | The company reported a 15.3% year-on-year rise in Q2 net profit to ₹12 crore, from ₹10 crore last year. Revenue grew 6.5% to ₹702 crore, while EBITDA increased 6.5% to ₹37.9 crore, with margins steady at 5.4%.

India Cements | The company posted a strong turnaround in Q2 FY26, reporting a net profit of ₹8.8 crore versus a loss of ₹339 crore last year. Revenue rose 9.3% YoY to ₹1,117 crore, while EBITDA turned positive at ₹81.7 crore. The board approved ₹15,740 crore for modernisation and ₹4,400 crore to add 2.8 million tonnes of cement capacity, aiming to boost efficiency and growth.

360 One Wam | Wealth management firm reported a 28.3% year-on-year rise in consolidated net profit to ₹315.5 crore for Q2FY26, driven by strong revenue growth of 29% to ₹1,115 crore. EBITDA rose 32% to ₹714 crore, with margins improving to 64%. Annual Recurring Revenue climbed 39.4% to ₹554 crore, supported by higher retention in both wealth and asset management segments. The board declared an interim dividend of ₹6 per share.