🇮🇳 India Daybook: Subros Bags ₹1,225 Cr Maruti Deal, Jio Platforms Lists Post Mega IPO

📍 ORDER WINS

• Subros: Secured a massive contract valued at ₹1,225 crore from Maruti Suzuki to supply components for two vehicle models across an extended seven-year delivery schedule.
• Jyoti Structures: Bagged a fresh contract worth ₹649 crore from Power Grid Corporation of India, taking total project awards won to ₹1,598 crore.

📍 EARNINGS REACTION

• Steel Authority of India (SAIL): Delivered an upbeat Q2 FY27 performance as net profit surged 315% year-on-year to ₹1,774 crore, supported by a 20% expansion in topline revenue.
• United Breweries (UBL): Net profit for Q2 FY27 climbed 191% year-on-year, powered by strong premiumisation and a 38% volume jump in the premium beer portfolio.
• Bandhan Bank: Maintained strong asset quality and operational momentum, with July–September net profit expanding more than fivefold compared to the previous year.
• JSW Energy & TVS Motor: Both counters remain in focus following robust Q2 FY27 scorecards marked by top-line gains and steady operating margin improvements.

📍 EARNINGS WATCH

• Key Results Scheduled Today: Investor attention will be centered on prominent corporates reporting their Q2 FY27 numbers, including InterGlobe Aviation (IndiGo), Ambuja Cements, Asian Paints, Coal India, Trent, Godrej Consumer Products, and Suzlon Energy.

📍 PRIMARY MARKET & IPOS

• Jio Platforms: Set to debut on the bourses today after completing its mammoth ₹30,213 crore IPO, which drew over ₹7.4 lakh crore in bids and achieved an overall subscription of 22.19 times.
• Bombay Coated & Special Steels: Opens its ₹183.06 crore initial public offering for subscription today in the price band of ₹78 to ₹82 per share.
• Wiscon Industries: The company's ₹110 crore SME initial public offering closes for subscription today.

📍 CORPORATE ACTIONS & DIVIDENDS

• CRISIL: Shares will trade ex-dividend today for an interim dividend payout of ₹17 per share.
• Shriram Finance: Turns ex-dividend today for an interim dividend distribution of ₹6.50 per share.
• Kajaria Ceramics: Ex-dividend date today for an interim dividend of ₹12 per share.
• Chandni Machines: Scheduled to trade ex-split today as its shares sub-divide from a face value of ₹10 each into ₹1 each.