Stocks to Watch Today, October 28: Maruti Suzuki, Tata Capital, SAIL, L&T and More

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The Indian stock market is likely to see activity in several company shares on Wednesday, October 28, as investors assess quarterly earnings and fresh corporate developments. Jio Platforms, Maruti Suzuki, Gandhar Oil Refinery, Home First Finance, Capri Global Capital, Piramal Pharma, Tata Capital and Steel Authority of India (SAIL) are among the companies in focus.

Investors will also track the September-quarter results for the second quarter of FY2026-27 (Q2FY27), with several major companies scheduled to announce their financial performance during the day.

Q2 Results Today: Companies on Investors’ Radar

Several prominent companies are scheduled to release their Q2FY27 results on October 28. These include Hero MotoCorp, Hindustan Unilever, Adani Enterprises, Adani Ports, Hyundai Motor India, Bajaj Electricals, Bandhan Bank, JSW Energy, Pidilite Industries, PVR Inox, TVS Motor Company and Vedanta.

Investors will assess the companies’ earnings, revenue performance and business outlook to understand their financial position and potential market impact.

Maruti Suzuki, Tata Capital and SAIL Shares in Focus

Maruti Suzuki: The company’s consolidated net profit declined 26.4% year-on-year to ₹2,466.1 crore in the second quarter, compared with ₹3,349 crore in the corresponding period last year. However, revenue rose 26% to ₹53,355.5 crore from ₹42,344.2 crore. Investors will be watching how the contrasting profit and revenue figures influence sentiment towards the stock.

Tata Capital: Tata Capital reported a 51.3% year-on-year increase in consolidated profit to ₹1,659.9 crore, compared with ₹1,097.3 crore in the same period last year. Revenue also grew 20.7% to ₹9,341.8 crore, reflecting an improvement in the company’s financial performance.

Steel Authority of India (SAIL): SAIL recorded consolidated profit of ₹1,750.5 crore, up from ₹418.7 crore in the corresponding quarter last year. Revenue increased 19.8% to ₹31,997.6 crore, reaching ₹31,997.6 crore for the reported period. The improvement in profit and revenue will be among the key developments investors monitor.

L&T, Lemon Tree Hotels and Other Corporate Updates

Larsen & Toubro (L&T): L&T reported a 33% year-on-year increase in profit after tax (PAT) to ₹5,202 crore for Q2FY27, compared with ₹3,926 crore a year earlier. Revenue grew 16% to ₹78,750 crore, while order inflow increased 28% to ₹1.47 lakh crore. However, the EBITDA margin narrowed to 8.7%, down from 10% in the corresponding period last year. Investors will be assessing the strong order inflow and earnings growth alongside the pressure on margins.

Lemon Tree Hotels: The hotel company has signed a licensing agreement to establish a 76-room Lemon Tree Hotel in Sirhind, Punjab. Its subsidiary, Carnation Hotels, will manage the property.

Gulf Oil Lubricants India: A fire broke out at the company’s warehouse in Umargaon, Gujarat. The company stated that no injuries or fatalities had been reported. The warehouse is insured, and an assessment of the damage is underway.

Mishra Dhatu Nigam: The company has entered into an agreement with the Heavy Water Board and the Bhabha Atomic Research Centre (BARC) to recover nickel and cobalt from plant reverts. The initiative focuses on recovering valuable materials and supporting more sustainable manufacturing practices.

What Should Investors Watch?

Market participants will be tracking quarterly earnings, revenue growth, profit margins and company-specific announcements throughout the session. While some companies have reported improved financial results, others have recorded changes in profitability or operational developments that could influence investor sentiment.

Investors should review the latest company disclosures and assess their own investment objectives before making decisions based on these updates.

Disclaimer

This article is intended for general informational purposes only and should not be considered investment advice or a recommendation to buy or sell any stock. Financial results and corporate announcements are presented for news reporting purposes and should be verified against official company disclosures and stock exchange filings. Stock prices can fluctuate, and investment decisions should be made after considering individual financial circumstances and, where appropriate, consulting a qualified financial adviser.

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