Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma

Indian equity benchmarks extended their opening gains on Monday, with the Nifty closing near the 23,500 resistance zone. The index is likely to move towards its 100-day moving average (100-DMA), placed around 23,700, according to Vatsal Bhuva, Technical Analyst at LKP Securities. The immediate support for the index, he said, is placed at 23,150–23,100, while resistance is seen at 23,500 and 23,700.

Against this backdrop, several stocks, including ITC, Marico, State Bank of India (SBI), Yatra Online, National Stock Exchange of India (NSE), Container Corporation of India and Sun Pharmaceutical, are likely to remain in focus on Tuesday, November 3 as investors will track September-quarter earnings, monthly sales data, acquisition announcements, fundraising activity, operational updates and other corporate developments.

ITC

ITC reported an 18.5% year-on-year decline in consolidated net profit to Rs 4,229 crore in the second quarter of FY27, compared with Rs 5,187 crore in the corresponding period last year. A sharp decline in earnings from its cigarette business weighed on overall profitability, despite strong growth in its FMCG, agriculture and paper businesses.


Consolidated net revenue increased 5% to Rs 20,454 crore from Rs 19,455 crore a year earlier.

Marico

Marico reported a 31% year-on-year increase in consolidated net profit to Rs 550 crore for the second quarter of FY27.

Revenue from operations rose 12% to Rs 3,897 crore during the quarter, compared with Rs 3,450 crore in the corresponding period of the previous financial year.

EBITDA increased 27% year-on-year to Rs 709 crore from Rs 560 crore in the year-ago quarter. EBITDA margin expanded 200 basis points to 18.2% from 16.2% in Q2FY26.

Container Corporation of India

Container Corporation of India (CONCOR) reported a subdued performance for the September quarter, with net profit declining 6.8% year-on-year to Rs 353 crore, compared with Rs 379 crore in the corresponding quarter last year.

Revenue from operations increased marginally by 1% to Rs 2,379 crore from Rs 2,355 crore a year earlier.

Lloyds Engineering Works

Lloyds Engineering Works Ltd plans to invest Rs 100 crore in its subsidiary, Steel Infra Solutions Company Ltd (SISCOL), through a preferential subscription of up to 3,33,33,334 equity shares.

The shares, having a face value of Re 1 each, will be issued at Rs 30 apiece through private placement.

The proposed investment will be made in two tranches. The first tranche of Rs 50 crore will be payable at the time of subscription and allotment. The remaining Rs 50 crore will be paid on dates mutually decided by the two companies through calls on the partly paid-up equity shares.

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IDBI Bank

IDBI Bank employees and officers have begun a two-day nationwide strike from November 2 to oppose the proposed sale of a controlling stake in the lender to Canada's Fairfax Financial Holdings.

The protest is scheduled to take place across the bank's branches and offices on November 2 and 3.

Petronet LNG

Petronet LNG reported a 9.1% sequential increase in standalone net profit to Rs 1,235.4 crore for the second quarter of FY27, compared with Rs 1,132 crore in the previous quarter.

Revenue from operations rose 29.6% quarter-on-quarter to Rs 7,200 crore from Rs 5,554 crore in the preceding quarter.

PTC India

PTC India reported a 24.8% year-on-year decline in net profit to Rs 143.68 crore for the second quarter of FY27, compared with Rs 191 crore in the corresponding quarter last year.

Revenue increased 6.5% to Rs 5,812 crore from Rs 5,458 crore a year earlier.

EBITDA declined 48.1% to Rs 142.8 crore, compared with Rs 275.4 crore in the year-ago period.

Granules India

Granules India reported a 39.2% year-on-year increase in consolidated net profit to Rs 182 crore for the second quarter, compared with Rs 131 crore in the corresponding period last year.

Revenue from operations rose 20.3% to Rs 1,560 crore from Rs 1,297 crore a year earlier.

EBITDA increased 21.3% to Rs 337.4 crore from Rs 278.1 crore in the year-ago quarter. EBITDA margin improved to 21.6% from 21.4%.

Sun Pharmaceutical

Sun Pharmaceutical Industries Ltd has clarified that a news report concerning an order to halt production of an eye-care drug at one of its plants related to developments in August 2026 and did not involve any new event or development on October 30, 2026.

The clarification came after stock exchanges sought a response to the news report published on October 30, titled "India orders Sun Pharma to halt eye-care drug production at plant after quality lapses", and the movement in the company's share price.

The company said the matter had been assessed at the relevant time and was not considered to warrant disclosure under Regulation 30 of the SEBI Listing Regulations.

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Shree Pushkar Chemicals & Fertilisers

Shree Pushkar Chemicals & Fertilisers reported revenue from operations of Rs 403.5 crore for the September quarter, marking a 58.2% year-on-year increase. Profit after tax (PAT) increased 96.2% year-on-year to Rs 35.7 crore.

The company attributed the growth to sustained demand and improved business performance across its chemicals and fertilisers segments.

National Aluminium Company

National Aluminium Company Ltd (NALCO) has approved an interim dividend of Rs 4.50 per share for FY27. The dividend represents 90% of the face value of Rs 5 per share and will be paid on the company's paid-up equity share capital of Rs 918.32 crore.

The company has fixed November 6, 2026, as the record date to determine eligible shareholders for the interim dividend.

Yatra Online

Yatra Online has disclosed a cybersecurity incident, stating that it has not had any material impact on the company's core business operations, financial performance or business continuity.

The company said a detailed assessment of the incident was underway and that appropriate remedial and preventive measures were being implemented.

Walchandnagar Industries

Walchandnagar Industries has appointed Chandra Bhan Yadav as its Interim Chief Financial Officer (CFO) and Key Managerial Personnel, effective November 2, 2026.

The appointment was approved by the board following recommendations from the Nomination and Remuneration Committee and the Audit Committee.

Yadav will continue in the interim role until the board appoints a regular CFO.

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Q2 results today

State Bank of India, National Stock Exchange of India, Bajaj Finserv, Solar Industries India, Bajaj Holdings & Investment, Lloyds Metals and Energy, Lupin, Multi Commodity Exchange of India, Linde India, Gujarat Fluorochemicals Limited, Anthem Biosciences, Authum Investment & Infrastructure, GlaxoSmithKline Pharmaceuticals, Emcure Pharmaceuticals, Global Health, AIA Engineering, Endurance Technologies, Dhoot Transmission, Neuland Laboratories, Asahi India Glass, Jyoti CNC Automation, Diamond Power Infrastructure, Inox India, Pfizer, Minda Corporation, Zydus Wellness, Vijaya Diagnostic Centre, Graphite India and Chambal Fertilisers and Chemicals.

Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here