The global markets, along with GIFT Nifty, indicate that the domestic indices will open on a higher 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 178 points or 0.71% higher at 25,324, while the BSE Sensex rose 575 points or 0.70% to close at 82,605.
Stocks to watch on October 16, 2025
Axis Bank
Axis Bank reported a 26.4% year-on-year decline in its net profit for Q2 FY26 to Rs 5,090 crore because of higher provisions. Provisions and contingencies increased 61% YoY. Bloomberg estimated the net profit for the third-largest private lender at Rs 5,881 crore. Following an RBI advisory, post its FY25 annual inspection, the bank in Q2 FY26 made an additional one-time standard asset provision of Rs 1,231 crore for two discontinued crop loan variants. This standard asset provision will be written back to the P&L when all the outstanding loans in those two variants are recovered or closed in the normal course or by March 31, 2028, whichever is earlier.
Bharat Electronics (BEL)
Bharat Electronics (BEL) has received fresh orders worth Rs 592 crore since its last disclosure on September 29, 2025. The orders cover a wide range of defence and technology solutions, including tank subsystems and overhauling, communication equipment, combat management systems, ship data networks, train collision avoidance systems (Kavach), laser dazzlers, jammers, upgrades, spares, and related services.
Delta Corp
Delta Corp reported its second-quarter result, with 7% year-on-year decline in net profit to Rs 25 crore for the quarter ended September 2025, compared with Rs 27 crore in the same period last year. Revenue remained largely flat at RS 182.7 crore in the second quarter against Rs 182 crore in the previous corresponding period.
Bharti Airtel
Bharti Airtel and IBM have entered into a partnership to strengthen the recently launched Airtel Cloud, combining IBM’s AI and hybrid cloud technologies with Airtel’s data centre infrastructure. The collaboration is aimed at enabling enterprises, especially in regulated sectors such as banking, healthcare and government, to scale AI workloads more efficiently across hybrid environments.
Waaree Renewable Technologies
Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, plans to diversify its operations further into data centres and battery energy storage systems as it looks to expand its clean energy portfolio, the company’s Chief Financial Officer Manmohan Sharma told FE. Presently, the company’s orderbook stands at 3.4 gigawatt (GW), which it plans to execute in the next 12-15 months. Waaree Renewable’s present bidding pipeline remains robust at over 27 GWp, Sharma said.
Oberoi Realty
Oberoi Realty reported a 28.9% YoY profit growth in the second quarter of fiscal year 2025-26. The real estate company posted a consolidated net profit of Rs 760 crore in Q2 FY26, while its net profit in Q2 FY25 was Rs 589 crore. Oberoi Realty’s revenue from operations also grew by 34.7% on a yearly basis. The company’s consolidated revenue from operations in Q2 FY26 stood at Rs 1,779 crore, while its revenue in the corresponding quarter of the previous fiscal year was Rs 1,319 crore.
Angel One
Angel One reported a 50% YoY drop in net profit for Q2 FY26, as declining revenue and narrowing margins weighed on performance amid softer retail trading volumes. Net profit for the quarter fell to Rs 212 crore, down from Rs 423 crore in the same period a year earlier. Revenue from operations dropped 20% to Rs 1,201 crore, compared to Rs 1,514 crore in the year-ago quarter, reflecting muted trading activity and reduced client participation in high-margin segments.
KEI Industries
KEI Industries reported a 31.3% YoY rise in net profit for Q2FY26. Its net profit rose to Rs 204 crore for the quarter ended September 30, up from Rs 155 crore a year earlier. Revenue from operations climbed 19.4% YoY to Rs 2,726 crore, compared with Rs 2,284 crore in the same period last year.
L&T Finance
L&T Finance posted a 6% rise in consolidated net profit for Q2 FY26, which stood at Rs 735 crore, up from Rs 696 crore a year earlier and 5% higher sequentially. Revenue for the quarter rose 8% YoY to Rs 4,335 crore, while net interest income grew 10.3% to Rs 2,403 crore.
IEX
SEBI barred eight entities from the securities markets and impounded illegal gains of Rs 173.14 crore earned through insider trading in Indian Energy Exchange (IEX) shares. The entities restrained by SEBI are Bhoovan Singh, Amar Jit Singh Soran, Amita Soran, Anita, Narender Kumar, Virender Singh, Bindu Sharma, and Sanjeev Kumar. The case relates to July 23, 2025, when the Central Electricity Regulatory Commission (CERC) issued directions for implementing Market Coupling under the Central Electricity Regulatory Commission (Power Market) Regulations, 2021.