Tata Power, Bajaj Finance and others in focus on Thursday
Several stocks including Hindustan Aeronautics and Vodafone Idea are expected to remain in focus amid quarterly results and corporate developments.
The Indian stock market is expected to open on a muted note on Thursday, November 12, as the GIFT Nifty signalled a subdued start for the Sensex and Nifty 50, according to Mint. On Wednesday, the Sensex rose 772.75 points, or 0.95 per cent, to settle at 81,879.40, while the Nifty 50 advanced 210.40 points, or 0.84 per cent, to close at 25,255.05.
Tata Power is in focus after reporting a 48.6 per cent year-on-year growth in consolidated net profit to Rs 1,366 crore for the September quarter. The company also approved an investment of Rs 11,871 crore for a 1,800 MW pumped storage project in Maharashtra, Financial Express reported.
Bajaj Finance has launched a qualified institutional placement (QIP) of equity shares with a floor price set at Rs 992.25 per share. Moneycontrol noted the company may offer a discount of up to 5 per cent on the floor price.
Aurobindo Pharma is also in focus after the US Food and Drug Administration (US FDA) classified the inspection of its Lannett facility as Official Action Indicated (OAI). The US FDA conducted the inspection at the Seymour facility from August 17 to 21, 2026.
Hindustan Aeronautics, Vodafone Idea, Rail Vikas Nigam, Bharat Dynamics, IRCTC, and Ola Electric Mobility are scheduled to release their Q2 results today, according to Mint. Other stocks in focus include ITC, which raised the price of its Gold Flake RSFT cigarette pack to Rs 135, and Hindustan Copper, which reported a 47 per cent rise in net profit to Rs 520 crore.