The global markets, along with GIFT Nifty, indicate that the domestic indices will open on a muted note. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all key developments.
Earlier on Wednesday, the NSE Nifty 50 closed the session 176 points or 0.68% lower at 25,878, while the BSE Sensex fell 593 points or 0.70% to close at 84,404.
Stocks to watch on October 31, 2025
HUL
Hindustan Unilever (HUL) said that it had received approval from the Mumbai bench of the National Company Law Tribunal (NCLT) to demerge its ice cream business into Kwality Wall’s India (KWIL). The development paves way for the formal separation of HUL’s ice cream operations from its core fast-moving consumer goods (FMCG) portfolio.
Hyundai Motor India
A tighter control over costs and higher export volumes have allowed Hyundai Motor India (HMIL) to report a 14% year-on-year growth in net profit in the second quarter of FY26, though revenue growth was subdued at just 1%. The maker of Creta and Venue models posted Rs 1,572 crore in consolidated net profit, beating the Bloomberg estimate of Rs 1,507 crore. Its consolidated revenue at Rs 17,155 crore was below the estimate of Rs 17,638 crore.
ITC
ITC reported a nearly 3% YoY growth in its consolidated September quarter profit to Rs 5,126 crore, but revenue declined 1.3% YoY to Rs 21,256 crore amid GST transition issues. The mixed show notwithstanding, the company beat street estimates on both profit and revenue, which were forecast at Rs 5,080 crore and Rs 19,774 crore, respectively, for Q2.
United Spirits
United Spirits posted a 36.1% YoY rise in consolidated net profit for Q2 FY26 to Rs 464 crore. Bloomberg consensus estimates had forecast net profit at Rs 373 crore for the period. Revenue for the quarter (net of excise) rose 11.6% YoY to Rs 3,173 crore, higher than the forecast of Rs 3,111 crore for the period, supported by strong brand performance and a re-entry into Andhra Pradesh, among the country’s key liquor markets.
NTPC
NTPC reported about 3% rise in its net profit to Rs 5,225.30 crore for the September quarter, helped by lower expenses. It had clocked a net profit of Rs 5,380.25 crore in the year-ago quarter. The company’s total income was Rs 45,262.10 crore against Rs 45,197.77 crore a year ago. Its expenses declined to Rs 40,218.03 crore from Rs 40,877.27 crore in the second quarter of FY25.
Swiggy
Swiggy reported a net loss of Rs 1,092 crore during the period, 74.4% higher YoY from Rs 626 crore, even as revenue surged 54% to Rs 5,561 crore. The company managed to narrow its loss sequentially by nearly 9% from the previous quarter’s Rs 1,197 crore, but Instamart’s expansion weighs heavily on margins. The net loss was higher than Bloomberg consensus estimate of Rs 917 crore. Revenue growth, however, remained strong. At Rs 5,561 crore, it beat estimates of Rs 5,285 crore, on the back of sustained traction in both food delivery and quick commerce. Total expenses surged 56% year-on-year to Rs 6,711 crore.
Larsen & Toubro
Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand. The company has developed data centres in Panvel near Mumbai and Chennai, and there is a plan for another 30 MW in Mahape near Mumbai, and it plans to take it to nearly 200 MW, said R Shankar Raman, whole-time director and chief financial officer.
Reliance Industries
Reliance Industries and Google entered into a partnership to accelerate the use of artificial intelligence across consumer and enterprise segments in India. Jio users will get free access to Google’s AI Pro plan for 18 months, a package valued at Rs 35,100 per user. The plan includes access to the Gemini 2.5 Pro model through the Gemini app, advanced image and video generation tools Nano Banana and Veo 3.1, expanded use of Notebook LM for research and study, and 2 TB of cloud storage.
Canara Bank
Canara Bank reported a 19% YoY rise in net profit to Rs 4,773.96 crore for the quarter ended September 2025, driven by improved asset quality. Sequentially, the profit was up marginally by 0.5%. The bank’s net interest income (NII) declined 2% YoY to Rs 9,141 crore in the reporting quarter, while other income grew 41.6% YoY. The net interest margin (NIM) moderated slightly to 2.52% in Q2, compared with 2.55% in the previous quarter. The bank has guided for NIMs in the range of 2.75%–2.80% by the end of FY26.
DLF
DLF reported 15% decline in consolidated net profit at Rs 1,180.09 crore for the latest quarter ended September on lower revenue from operations. Its net profit stood at Rs 1,381.22 crore in the year-ago period. Revenue from operations fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago. Total income, however, rose to Rs 2,261.80 crore from Rs 2,180.83 crore in the year-ago period.
