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The shares of Hatsun Agro surged by over 16% after the company reported its Q2 results.

Market at day’s high, Nifty back at 26,000.

This week’s significant court proceedings include appeals from IEX, Vedanta, and Vodafone Idea. The others are scheduled for hearings in various courts and on a variety of topics, while the Supreme Court is scheduled to provide a decision on Vodafone Idea’s plea today.

Hatsun Agro Q2

Net Profit (GU)70.3%

At ₹110 Cr Vs ₹64 Cr (YoY)

Revenue (GU)17.2%

At ₹2,427.6 Cr Vs ₹2,072 Cr (YoY)

EBITDA (GU)35%

At ₹325 Cr Vs ₹241 Cr (YoY)

Margin At 13.4% Vs 11.6% (YoY)

Vodafone Idea has received significant relief from the Supreme Court, which permitted the centre to reevaluate the AGR dues in order to offer the company with relief.

Vodafone Idea Share Price Live Updates

Chennai Petro Q2

The ePlane Company Signs MOU With Ramco Systems

SC has given relief for Vodafone Idea in the AGR case.

Govt is willing to examine the issue raised by Vodafone Idea. The government is also willing to reconsider the issue and take an appropriate decision if the court permits.

SpiceJet

Shivangi Sarda of Motilal Oswal Financial Services

The rupee lost 12 paise to 87.95 against the US dollar in early trade on Monday (October 27), pulled down by rising crude oil prices backed by optimism over a probable US-China accord.

Forex traders claimed that the possible US-China trade agreement was the main driver of the crude oil price increase, supporting the prediction of higher global oil demand.

After reporting a lower-than-expected performance for the September quarter (Q2FY26) on an annual basis, Zen Technologies Ltd.’s shares fell 7% in Monday’s trading. The firm primarily ascribed the decline to procurement delays brought on by other military priorities under Operation Sindoor.

Brigade Hotel Ventures, the hospitality division of Brigade Enterprises, a real estate firm with its headquarters in Bengaluru, hopes to see mid- to high-teens growth in average room rate (ARR) in the second half of this year. The forthcoming wedding season, conferences, and a consistent increase in corporate travel will all contribute to the expansion.

Knowledge Marine | Gets LoI For An Order Worth ₹386 Cr From VO Chidambaranar Port

Mark Matthews of Bank Julius Baer & Co believes India’s fundamentals remain solid, but global investor attention is currently shifting toward China. According to him, India’s earnings outlook is improving thanks to tax cuts, fiscal measures, and lower interest rates. “I do believe the earnings will be higher than what the consensus forecasts,” he said.

On Monday, October 27, SBI Cards and Payment Services Ltd.’s stock fell 5% as a result of the company’s September quarter results, which fell short of market expectations.

Higher operating costs and decreased interest income had an influence on the company’s performance, but positive growth prospects and reduced credit costs may help to stabilise the mood moving forward.

Expect reported GRM at $6.5/bbl, Co’s EBITDA to improve QoQ & YoY due to better refining margins

Dharmesh Kant, Head Research, Chola Securities

On hotel stocks: “Hotels are particularly well placed. ITC Hotels being there and Taj GVK Hotels & Resorts or EIH Limited, one can look from the valuation perspective, which is comparatively cheap compared to their peers. So, this is a sector, which we think for next two quarters is a healthy investment trading bets can be played out.”

On Reliance Industries: “Reliance Industries happens to be our top Diwali pick, from this December to next December. If you are holding it for two to three-year kind of a play, yes, the discounting of AI vertical and new energy comes into play. So, it’s definitely multi mega to my mind; double x from where we are, but from a one-year perspective, we are pencilling in a target of Rs 1,650 for Reliance Industries.”

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As the Nifty 50 index rises, here are the top contributors to the index.

Reliance up over 2% after Reliance Intelligence incorporates JV with Meta, Reliance Enterprise Intelligence in India

SBI Life up over 3% after co posts Q2 results in-line with est, new biz premium up 27.5% YoY

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