Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy

TIL Creatives

Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium, Suzlon Energy are likely to remain in focus on Thursday, October 29.

The Nifty 50 settled at 22,699, down 51 points, or 0.22%. The index has repeatedly failed to sustain gains above this zone, leaving 22,800 as a key resistance level. A decisive and sustained breakout above this hurdle would strengthen recovery prospects and open the way for further upside, according to Ponmudi R, CEO of Enrich Money.

Against this backdrop, several stocks, including Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium, Suzlon Energy are likely to remain in focus on Thursday, October 29, as investors track September-quarter earnings, fundraising plans, credit rating updates, regulatory developments and new business wins.

Jio Platforms, Reliance Industries

Jio Platforms, the telecom business of Mukesh Ambani-led Reliance Industries, made its stock market debut after raising funds through an initial public offering (IPO). The supplied copy cites the IPO proceeds at nearly Rs 3,02,200 crore, a figure that needs verification before publication.

Jio Platforms shares ended their maiden trading session at Rs 1,417.50, up approximately 26.7% from the IPO issue price of Rs 1,119 and 4.4% from the NSE listing price of Rs 1,358.

Hero MotoCorp

Hero MotoCorp reported a 41% year-on-year (YoY) increase in consolidated profit after tax (PAT) to Rs 1,861 crore for the second quarter of FY27, compared with Rs 1,309 crore in the corresponding quarter of the previous fiscal.

Consolidated revenue rose 23% YoY to Rs 14,971 crore in Q2 FY27 from Rs 12,218 crore in Q2 FY26, the company said in its earnings announcement.

On a standalone basis, revenue from operations grew 21% YoY to Rs 14,687 crore during the quarter, while PAT increased 5% to Rs 1,456 crore.

Meesho

E-commerce platform Meesho reported a consolidated net loss of Rs 132.45 crore in Q2 FY27, narrowing 67.8% from Rs 411.36 crore in the corresponding quarter of the previous fiscal.

Revenue from operations rose 34.4% YoY to Rs 4,131.58 crore, compared with Rs 3,073.67 crore in Q2 FY26.

TVS Motor Company

TVS Motor Company, part of the TVS Group led by Venu Srinivasan, reported a 52% YoY increase in PAT to Rs 1,377 crore for Q2 FY27, compared with Rs 904 crore in the year-ago quarter.

Revenue from operations rose 44% to Rs 17,103 crore in the quarter ended September 2026, against Rs 11,905 crore in the corresponding period last year.

JSW Energy

JSW Energy reported a 49.8% YoY increase in consolidated net profit to Rs 1,056.4 crore for Q2 FY27.

Revenue from operations rose 23% to Rs 6,368.5 crore from Rs 5,177 crore in the year-ago quarter.

Hyundai Motor India

Hyundai Motor India, the maker of the Creta SUV, reported standalone net profit of Rs 1,189 crore for Q2 FY27, down 24% from Rs 1,570 crore in the same quarter last year.

Revenue from operations rose 18% YoY to Rs 20,191 crore from Rs 17,061 crore in the corresponding quarter of the previous fiscal.

Force Motors

Force Motors reported a 16.2% YoY decline in net profit to Rs 294 crore for Q2 FY27, compared with Rs 351 crore in the year-ago period.

Revenue from operations rose 40.6% to Rs 2,925 crore from Rs 2,081 crore a year earlier. EBITDA increased 19.9% YoY to Rs 434 crore from Rs 362 crore.

However, EBITDA margin contracted 260 basis points to 14.8% in Q2 FY27 from 17.4% in the corresponding quarter last year.

Vedanta Aluminium

Vedanta Aluminium reported a 105% YoY increase in consolidated net profit to Rs 6,187 crore for the September quarter, compared with Rs 3,012 crore in the year-ago period.

The company attributed the growth to record aluminium production, higher sales volumes and improved realisations.

United Spirits

Diageo-controlled liquor maker United Spirits reported a 2.1% YoY decline in net profit to Rs 462 crore for the September quarter, compared with Rs 472 crore in the year-ago period.

Bandhan Bank

Bandhan Bank reported a 23.9% quarter-on-quarter (QoQ) increase in net profit to Rs 622 crore for Q2 FY27, compared with Rs 502 crore in the previous quarter.

Net interest income (NII) rose 1.3% sequentially to Rs 2,960.4 crore from Rs 2,921 crore.

Asset quality improved marginally during the quarter. Gross non-performing assets (NPA) stood at 3.11% as of September 30, 2026, compared with 3.15% in the previous quarter. Net NPA eased to 0.92% from 0.93%.

eMudhra

eMudhra said SES ESG Research Private Limited revised its Environmental, Social and Governance (ESG) score to 64.9 from 68.0 in its ESG Report 2026, updated on October 28, 2026.

According to the company, the revision was based on publicly available data and was primarily attributable to recent corporate announcements relating to its certificate business.

EPack Prefab Technologies

EPack Prefab Technologies commenced commercial production of pre-engineered building (PEB) structures and PUF panels at its Ghiloth manufacturing facility in Rajasthan on October 28, 2026.

The Rajasthan State Pollution Control Board granted its Consent to Operate for the facility through an order dated October 28, 2026.

Emkay Global Financial Services

Emkay Global Financial Services' board approved the transfer of its entire stakes in Emkay Investment Managers and Emkay Wealth Advisory to ECPL, making both step-down wholly owned subsidiaries. It also approved the transfer of its wealth management business to Emkay Wealth Advisory through a slump sale on a going-concern basis. Additionally, the board cleared an investment of up to Rs 30 crore in ECPL through a rights issue to fund the proposed transactions and other business purposes.

Q2 results today

Coal India, Asian Paints, Interglobe Aviation, Trent, Laurus Labs, Ambuja Cements, Godrej Consumer Products, Welspun Corp, Apar Industries, Motilal Oswal Financial Services, Suzlon Energy, Blue Star, Milky Mist Dairy Food, Firstsource Solutions, MTAR Technologies, Timken India, Grindwell Norton, Deepak Nitrite, Pine Labs, Brigade Enterprises and Alivus Life Sciences.

Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here