Business

Stocks To Watch: Tata Motors, Avenue Supermarts, Infosys, Axis Bank, Tata Capital, And Others

Last Updated:

Stocks to watch: Shares of firms like Tata Motors, Avenue Supermarts, Infosys, Axis Bank, Tata Capital, and others will be in focus on Monday’s trade

Stocks To Watch On October 13

Stocks To Watch On October 13: Indian equity markets ended higher on Friday, supported by financial heavyweights and renewed foreign investor inflows for the third consecutive session, even as weaker earnings from Tata Consultancy Services (TCS) capped broader gains ahead of the quarterly results season.

The S&P BSE Sensex rose 328.72 points, or 0.4%, to close at 82,500.82, while the NSE Nifty 50 advanced 103.55 points, or 0.41%, to settle at 25,285.35.

In Monday’s session, shares of Tata Motors, Avenue Supermarts, Infosys, and Tata Capital will be in focus following key developments.

Tata Motors

Monday will be a crucial day for the company’s shareholders, marking the final session for trading as a consolidated entity. The record date for the demerger of its commercial vehicles business is set for Tuesday, October 14.

BLS International

The Ministry of External Affairs has imposed a two-year ban on BLS International, barring it from participating in new tenders for Indian missions.

Avenue Supermarts

The DMart parent reported a 4% year-on-year increase in net profit, driven by a 15.5% rise in revenue and an 11% jump in EBITDA.

Welspun Enterprises

The company’s board is scheduled to meet on October 15 to consider fundraising proposals through convertible warrants or a preferential share allotment.

Zen Technologies

The firm secured an order worth around Rs 37 crore from the Ministry of Defence to supply anti-drone systems equipped with Hard Kill capabilities.

Infosys

The IT major launched the Infosys Customer Experience Suite for Salesforce — a comprehensive offering aimed at enhancing Agentforce solutions and helping businesses accelerate their digital transformation journeys.

Axis Bank

The Reserve Bank of India (RBI) has issued a ‘Letter of Caution’ to Axis Bank, advising stricter compliance with KYC norms. The bank stated that corrective actions have already been implemented.

Kotak Mahindra Bank

Kotak Mahindra Bank announced that Sonata Finance has merged with BSS Microfinance. Following the merger, Sonata Finance has ceased to be a subsidiary of the bank, effective October 11. Both entities were previously wholly owned by Kotak.

Lupin

The US Food and Drug Administration (FDA) conducted a pre-approval inspection at Lupin’s Somerset, New Jersey facility from September 29 to October 10, resulting in a single observation.

Waaree Renewable Technologies

The solar energy company reported its best-ever quarterly performance in Q2 FY26, with net profit surging 117% year-on-year to Rs 116.3 crore and revenue rising 47.7% to Rs 774.8 crore, driven by stronger project execution and higher margins.

Disclaimer: The views and investment tips by experts in this Business.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of Business.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of Business.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

News business markets Stocks To Watch: Tata Motors, Avenue Supermarts, Infosys, Axis Bank, Tata Capital, And Others
Disclaimer: Comments reflect users’ views, not Business’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. Business may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button