The Indian equity market is poised for a muted open on Monday, October 12, 2026, influenced by elevated crude oil prices and bond yields. However, a range of companies are in the spotlight due to corporate actions, quarterly financial results, and strategic business developments.
Key Stocks in the Spotlight
Lenskart Solutions
Eyewear retailer Lenskart Solutions is set for a significant stake sale. Alpha Wave Ventures is reportedly offloading approximately 1.6 percent of its stake through block deals. Sources indicate a floor price of Rs 640 per share, valuing the offer size at around Rs 1,691 crore. Alpha Wave Ventures LP and Alpha Wave Ventures II LP collectively held 4.64 percent in Lenskart as of June 2026.
Infosys
IT giant Infosys has stated that the US Department of Labor's suspension of applications under the Permanent Labor Certification (PERM) program is not expected to materially impact its operations. The company reaffirmed its commitment to employees, clients, and compliance with US laws.
Avenue Supermarts (DMart)
DMart's parent company, Avenue Supermarts, announced a 7.6 percent year-on-year (YoY) increase in net profit, reaching Rs 803.6 crore for the September 2026 quarter. Revenue climbed 18.4 percent YoY to Rs 19,206.2 crore. While EBITDA grew 14.7 percent YoY to Rs 1,393 crore, margins saw a slight moderation. DMart expanded its footprint by opening 15 new stores during Q2, bringing its total store count to 518.
Canara Robeco Asset Management Company
Canara Robeco AMC reported robust Q2FY27 results, with net profit surging 21.5 percent YoY to Rs 59.2 crore. Revenue also saw a healthy 17 percent YoY rise, reaching Rs 121.6 crore. Despite a 1 percent YoY dip in total Assets Under Management (AUM) to Rs 1,16,700 crore, the company declared an interim dividend of Rs 2 per share, with October 16, 2026, set as the record date.
Persistent Systems
Persistent Systems has significantly increased its stake in Nagarro SE. During the additional acceptance period of its voluntary public takeover offer (September 23 to October 6, 2026), Persistent secured an additional 13.35 lakh shares, representing 10.79 percent of Nagarro's outstanding share capital (excluding treasury shares). This brings Persistent's aggregate shareholding in Nagarro to 94.04 percent.
Can Fin Homes
Housing finance provider Can Fin Homes recorded a 9.2 percent YoY increase in net profit, reaching Rs 274.6 crore for the quarter ended September 30, 2026. Net interest income (NII) grew 6.65 percent YoY to Rs 431.5 crore. The company maintained healthy asset quality, with Gross Non-Performing Assets (GNPA) at 0.90 percent and Net Non-Performing Assets (NNPA) at 0.43 percent.
Anand Rathi Wealth
Anand Rathi Wealth reported a 10.4 percent YoY decline in net profit to Rs 88.96 crore for the September 2026 quarter. However, revenue rose 15.7 percent YoY to Rs 344 crore for Q2FY27. The company's AUM reached a record Rs 1,08,377 crore, an 18 percent YoY increase. An interim dividend of Rs 4 per equity share was declared, with October 15, 2026, as the record date.
Blue Dart Express
Logistics solutions provider Blue Dart Express has forged a memorandum of understanding (MoU) with India Post to expand its delivery network. This collaboration aims to bolster last-mile connectivity for businesses and customers in Tier III, Tier IV towns, and remote regions, with the expanded coverage to be rolled out in phases.
Canara HSBC Life Insurance Company
Canara HSBC Life Insurance Company saw its net profit rise 5.5 percent YoY to Rs 43.05 crore for the July-September 2026 period. Net premium income increased 13 percent YoY to Rs 2,553.2 crore, with first-year premium growing to Rs 642 crore from Rs 575 crore a year prior. Operating profit surged to Rs 58 crore, though the solvency ratio moderated to 180 percent.
Meesho
E-commerce platform Meesho experienced strong demand during its Mega Blockbuster Sale 2026. Day 1 orders surged approximately 75 percent YoY, peaking at over 75,000 orders per minute within 15 minutes of the sale launch. The number of transacting customers also saw a significant increase of about 60 percent YoY.
Poonawalla Fincorp
Leading Non-Banking Financial Company (NBFC) Poonawalla Fincorp reported a nearly five-fold jump in net profit to Rs 374.85 crore for the September 2026 quarter. Net Interest Income (NIIs) soared 75.7 percent YoY to Rs 1,589 crore. Net interest margin improved by 16 basis points sequentially to 9.26 percent, and return on assets rose to 2.18 percent from 1.98 percent in Q1 FY27, alongside improved asset quality.
Ideaforge Technology
Drone and defence player Ideaforge Technology has signed a loan agreement with the Technology Development Board to secure Rs 151 crore in tranches. This funding is earmarked for the development of its YETI heavy-lift, long-range autonomous aerial logistics vehicle.
Bajel Projects
Infrastructure and EPC firm Bajel Projects has secured a substantial EPC order exceeding Rs 200 crore from Tata Power Company. The contract involves the supply and installation of 220 kV gas-insulated switchgear (GIS) substations at Salsette and Powai in Mumbai.
Shilpa Medicare
Following an inspection by the Austrian Agency for Health and Food Safety at its Unit 4 in Jadcherla, Telangana (July 27-30, 2026), Shilpa Medicare has received a GMP (Good Manufacturing Practice) certificate for the facility. This unit manufactures, tests, and distributes sterile injections and non-sterile tablets and capsules for European and other international markets.
Other Notable Mentions
Several other companies are also making news. KEC International secured new orders worth Rs 1,014 crore in its India transmission and distribution business, pushing its year-to-date order intake past Rs 9,600 crore. Rubicon Research received a Form 483 with one procedural observation after a USFDA inspection of its Maharashtra facility. Waterways Leisure Tourism returned to profitability in Q2FY27 with a net profit of Rs 58.5 crore, boosted by an exceptional gain from its subsidiary. Viviana Power Tech received new turnkey contracts worth Rs 466.73 crore from Madhya Gujarat Vij Company (MGVCL). CSM Technologies' subsidiary secured a mandate worth approximately Rs 1.65 crore from TradeMark Africa (TMA) for the Mozambique Transport and Trade Observatory.
Quarterly Results and Corporate Actions Today
Companies including HCL Technologies, ICICI Prudential Asset Management Company, RBL Bank, Adroit Industries (India), Plastiblends India, Swan Defence and Heavy Industries, and Swaraj Engines are scheduled to announce their results for the September 2026 quarter today. Additionally, shares of Triveni Power Transmission will debut on the stock market post-demerger, while JOJO shares will trade ex-date for a bonus issue.