News Overview

Laurus Labs shares gained 4.94% after the company reported a 126% YoY rise in Q2 FY27 net profit to ₹441.48 crore. Revenue increased 33%, while EBITDA margin expanded to 34.5%.

Suzlon Energy shares declined nearly 9% on October 30 after reporting a 69% fall in Q2 FY27 net profit. Revenue rose 26% to ₹4,875 crore, while EBITDA margin contracted to 14.7%.

BLS Polymers IPO was subscribed 241.22 times, with the latest GMP at ₹68, indicating an estimated listing price of ₹218 per share. Check the IPO allotment status online, category-wise subscription details and listing expectations.

Sumitomo Mitsui Trust Bank has invested in Mumbai-based One Planet Partners and formed a strategic partnership to expand equity investments in India’s energy transition and manufacturing sectors. The partnership includes a dedicated separately managed account targeting high-growth Indian companies.

Alphabet shares fell 10.2% in premarket trading, raising concerns over AI spending, cash burn and weaker search advertising. Microsoft shares rose 3.6%, while Nasdaq futures declined 1.5%. Indian markets rallied, with the Sensex gaining 905 points and the Nifty rising 238 points as investors awaited key US inflation data.

Sensex gained 0.82% to 73,847 and Nifty rose 0.74% to 22,865 on October 29, supported by Reliance Industries and IT stocks. Elevated crude oil prices continued to limit market gains.

SFC Environmental Technologies IPO GMP stood at ₹9.50 on October 29, 2026, implying an estimated listing price of ₹339.50. The IPO was subscribed 0.62 times overall as of 11:40 AM.

Adani Ports reported an 18% year-on-year increase in consolidated net profit to ₹3,682 crore in Q2 FY27. The company raised its FY27 revenue guidance to ₹44,000–46,000 crore, EBITDA guidance to ₹26,000–27,000 crore and capital expenditure target to ₹15,000–17,000 crore.

BLS Polymers IPO GMP stood at ₹51 on October 29, 2026, with an estimated listing price of ₹201. The IPO was subscribed 64.66 times overall, led by strong demand in the NII category.

Reliance Industries shares declined on October 28, 2026, despite Jio Platforms' strong market debut. Investors are now tracking RIL's Q2 FY27 results on October 30, the proposed NCD fundraising and key technical levels.