Tech Mahindra reported a 33% year-on-year rise in Q2 FY27 net profit to ₹1,586 crore, with revenue increasing 15.6% to ₹16,180 crore. The company declared an interim dividend of ₹15 per share and recommended a 1:1 bonus issue, subject to shareholder approval.
Read MoreTech Mahindra reported a 33% year-on-year rise in Q2 FY27 net profit to ₹1,586 crore, with revenue increasing 15.6% to ₹16,180 crore. The company declared an interim dividend of ₹15 per share and recommended a 1:1 bonus issue, subject to shareholder approval.
Federal Bank reported a record quarterly net profit of ₹1,386.09 crore in Q2 FY27, up 45.10% year-on-year. Net interest income rose 26.38% to ₹3,153.40 crore, NIM improved to 3.32%, and gross NPA declined to 1.32%, reflecting stronger profitability and improved asset quality.
Canara Bank shares gained 3.44% after the lender reported an 8% rise in Q2 FY27 net profit. Net interest income increased 20%, while asset quality improved year-on-year.
BHEL shares climbed to ₹463.25 after the company reported a 120.1% year-on-year rise in Q2 FY27 net profit. Revenue increased 23.8%, while EBITDA margins improved to 11%.
Titan shares declined nearly 4% on October 7 despite 25% year-on-year growth across consumer businesses in Q2 FY27. Nomura maintained its Buy rating with a ₹5,425 target, while flagging gold prices and competition as risks.
Trent shares surged 11% after Q2 FY27 standalone revenue rose 23% to ₹5,788 crore. Goldman Sachs raised its target to ₹3,010, while brokerages flagged competition and margin risks.
NSE IFSC and the London Stock Exchange will explore cooperation in cross-border listings, derivatives, equity indices and market-data distribution under an MoU signed on October 13, 2026.
The Sensex gained 745 points and the Nifty rose 1.13% on October 9, 2026, as TCS earnings lifted IT stocks and buying spread to banking, financial services and FMCG shares. Lower crude prices and a fall in India VIX supported sentiment, while global risks remained.
The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.
Nifty Today: Indian markets faced heavy selling pressure as Nifty fell 370 points, crude oil surged above $105 and India VIX jumped 25%. US bond yields and geopolitical tensions added to market volatility.
NSE IFSC and the London Stock Exchange will explore cooperation in cross-border listings, derivatives, equity indices and market-data distribution under an MoU signed on October 13, 2026.
The Sensex gained 745 points and the Nifty rose 1.13% on October 9, 2026, as TCS earnings lifted IT stocks and buying spread to banking, financial services and FMCG shares. Lower crude prices and a fall in India VIX supported sentiment, while global risks remained.
The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.
Nifty Today: Indian markets faced heavy selling pressure as Nifty fell 370 points, crude oil surged above $105 and India VIX jumped 25%. US bond yields and geopolitical tensions added to market volatility.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
