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 Tuesday, the NSE Nifty 50 closed the session 120 points or 0.47% higher at 25,695, while the BSE Sensex rose 335 points or 0.40% to close at 83,871.

Stocks to watch on November 12, 2025

Hindustan Unilever

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Hindustan Unilever’s (HUL) scheme of arrangement to demerge its ice cream business into a new entity, Kwality Wall’s (India). The tribunal sanctioned the demerger order on October 30, 2025, and issued a rectification order on November 6, 2025. The demerger follows Unilever PLC’s decision to separate its ice cream operations globally. 

Bharat Forge

Bharat Forge reported a 23% YoY rise in consolidated net profit to Rs 299.27 crore for the September quarter, aided by strong growth in the Indian manufacturing and defence sectors. Consolidated revenue increased 3.14% to Rs 4,031.92 crore. While export markets remained subdued, the company said robust demand from the domestic industrial and defence segments is expected to offset this weakness through the rest of FY26.

ONGC

Oil and Natural Gas Corp expects recovery in its oil production from the Mumbai High field, where it partners with British oil major BP, to start from January. The company on Tuesday said that under the tie-up, ONGC is likely to see “green shoots” of improvement from January onwards, with major production gains anticipated in FY29–FY30.

Tata Power

Tata Power reported a 13.93% YoY profit growth in the September quarter. The company posted a consolidated net profit of Rs 1,245 crore in Q2 FY26. Last fiscal year, its consolidated net profit was at Rs 1,093 crore during the second quarter. While the Tata Group company recorded a good profit growth in the quarter, its revenue declined by 0.97 per cent YoY. The company’s consolidated revenue in Q2 FY26 stood at Rs 15,544 crore, compared with Rs 15,697 crore in Q2 FY25.

Paras Defence

Paras Defence and Space Technologies has secured a domestic order worth about Rs 35.68 crore from the defence ministry for the supply of portable counter-drone systems (PCDS). The company, in its regulatory filing on Tuesday, November 11, said that the contract is expected to be completed by May 2026.

Emcure Pharma

Emcure Pharmaceuticals reported a 24.7% year-on-year (YoY) increase in net profit to Rs 251 crore, and a 13.4% rise in revenues to Rs 2,270 crore for the quarter ending in September. The company’s Ebitda margins stood at 19.3% amounting to Rs 439 crore, representing a 15.2% y-o-y growth. Emcure’s domestic business sales reached Rs 1,031 crore, up 10.6%, while international business sales increased by 15.8% to Rs 1,238 crore.

Finolex Cables

Finolex Cables reported a 28% YoY increase in net profit, reaching Rs 186.9 crore, along with a 5% growth in revenues to Rs 1,357.8 crore for the September quarter. In terms of volume, the sales of electrical wires remained flat, while the power cable sales grew by 40%. However, in the communication cables segment, the volumes of all products were subdued. Nevertheless, the introduction of new product categories contributed positively to the overall turnover in this segment.

Max Financial Services

Max Financial Services reported a steep 96% YoY decline in net profit at Rs 4.1 crore for Q2 FY26, compared to Rs 113 crore in the same quarter last year. The drop was largely due to lower earnings from its life insurance arm, Axis Max Life. Net interest income (NII) grew 13.9% YoY to Rs 131 crore from Rs 115 crore, even as the life insurance segment revenue fell to Rs 9,790.7 crore from Rs 13,370.5 crore a year ago. 

JSW Steel

JSW Steel is working to sell up to half of its ownership in Bhushan Power & Steel Ltd (BPSL), reported CNBC-TV18, citing sources. Japan’s JFE Steel is the frontrunner to acquire JSW Steel’s 50% stake in Bhushan Power and Steel. JSW Steel is said to be exploring strategic partnerships for BPSL, potentially bringing in a financial or strategic investor to take up to 50% of the company.

BSE

BSE announced its consolidated results for the quarter ended September 30 2025, posting a net profit of Rs 558 crore, up 61% from Rs 347 crore a year earlier. Revenue rose 44% to Rs 1,068 crore, compared with Rs 741 crore in Q2 FY25. EBITDA surged 78% to Rs 691 crore, with the margin expanding to 64.7% from 52.4% in the prior year.

Awfis Space Solutions

Awfis Space Solutions, a Delhi-based flexible workspace provider, reported a 58.8% YoY decline in net profit at Rs 15.9 crore for Q2 FY26, compared to Rs 38.6 crore in the same period last year. Revenue rose 25.5% to Rs 366.8 crore from Rs 292.3 crore, supported by healthy demand for flexible workspaces across metros and Tier-II cities.

Balrampur Chini Mills

Balrampur Chini Mills reported a mixed set of earnings for the September quarter. The company’s net profit fell 20% YoY to Rs 54 crore, from Rs 67.2 crore in the same quarter last year. Revenue, however, rose 29% to Rs 1,671 crore from Rs 1,298 crore. EBITDA increased to Rs 120.3 crore from Rs 49.2 crore a year ago, while margins improved to 7.2% from 3.8%.