🇮🇳 India Daybook ~ Stocks in News — October 27, 2026

Positive Buzz

• Bank of Maharashtra: The public sector lender reported a 41.4% year-on-year surge in net profit to ₹2,309.6 crore for Q2 FY27, backed by a 30.86% rise in operating profit to ₹3,369 crore.
• Mankind Pharma: Delivered strong Q2 results with consolidated net profit rising 39.2% YoY to ₹712 crore, supported by a 17.3% expansion in operating revenue to ₹4,338 crore.
• Sona BLW Precision Forgings: Posted a 29.9% YoY increase in Q2 net profit to ₹223.4 crore, driven by a 35.2% jump in revenue to ₹1,546.4 crore.
• Netweb Technologies: Reported a 61% YoY jump in Q2 net profit to ₹137 crore, propelled by sustained momentum in enterprise AI computing demand.
• Tata Communications: Announced a major capital commitment of USD 450 million to roll out a specialized high-speed fibre network linking AI data centres across India.
• CG Power and Industrial Solutions: Subsidiary GGT received RDSO approval for a ₹433 crore Kavach 4.0 railway safety project.
• Sigma Advanced Systems: Secured a high-value defense order worth ₹973 crore for NATO supply contracts.
• Bajel Projects: Bagged new engineering, procurement, and construction (EPC) contracts valued at over ₹1,700 crore.
• Paramount Communications: Q2 net profit jumped 82% YoY to ₹24.2 crore compared to ₹13.3 crore in the year-ago quarter.

Neutral Developments

• Tata Consumer Products: Announced Q2 FY27 revenue of ₹5,661 crore with net profit at ₹467 crore and EBITDA at ₹783 crore (margin of 13.84%).
• Persistent Systems: Concluded its Qualified Institutional Placement (QIP), approving the allotment of 76.83 lakh equity shares at an issue price of ₹5,550 per share.
• UltraTech Cement: Unveiled long-term strategic milestones targeting an aggregate grey cement capacity of 242.9 MTPA by FY28 and an 85% green power mix by FY30.
• HCLTech: Completed the 100% equity acquisition of a specialized Robotic Process Automation (RPA) enterprise.
• Crisil: Declared an interim dividend of ₹17 per equity share following its board meeting.
• Varroc Engineering: Approved an investment of up to €4.5 million to acquire a 45% stake in Forsee Power India.

Negative News

• Dalmia Bharat: Operating performance took a hit in Q2, with EBITDA declining 29.2% YoY to ₹493 crore from ₹696 crore in the year-ago period.
• Sumitomo Chemical India: Reported an 11.8% YoY decline in Q2 consolidated net profit to ₹157 crore, down from ₹178 crore.
• IRCON International: Received a GST demand notice amounting to ₹72.41 crore, though the High Court has granted an interim stay on the recovery order pending the next hearing.