Stock Market Today, GIFT Nifty Live: Sensex, Nifty 50 To Open Flat; Kospi Crashes 8%, Nikkei 4%; Wipro, Nestle Q2 In Focus

• Hyundai Motor India inaugurated its manufacturing facility at Talegaon, Pune.
• The company plans to invest up to Rs 11,000 crore in phases.
• Capacity is expected to expand from 1.7 lakh units annually to 3.2 lakh units by 2030.

• IFGL Refractories has terminated its Marvel JV agreement.
• The company said Marvel did not infuse capital and IFGL continues to hold 100% stake in the JV.

• Lloyds Metals & Energy will raise Rs 3,000 crore via non-convertible debentures.
• The company will also raise $130 million through dollar-denominated notes.

• NIIT has appointed Anish Kumar Sarkar as Chief Executive Officer.
• Pankaj Prabhakar Jathar has resigned as CEO.

• Shriram Finance denied media reports regarding MUFG acquiring a majority control stake.
• The company said the reports are based on speculation.

• Trident said Rahul Roongta has rejoined the company as Group Chief Financial Officer.

• Hathway Cable & Datacom reported Q2 net profit of Rs 10.2 crore, down 44.1% YoY.
• Revenue rose 5.7% YoY to Rs 567.5 crore.
• EBITDA declined 27.4% YoY to Rs 58.7 crore.
• EBITDA margin fell to 10.4% from 15.1%.

• MRPL reported Q2 net profit of Rs 1,901 crore, compared with Rs 946 crore in Q1.
• Revenue declined 15.1% QoQ to Rs 32,516 crore.
• EBITDA rose to Rs 3,279 crore from Rs 1,317 crore.
• EBITDA margin improved to 10.1% from 3.4%.
• The company reported a one-time loss of Rs 119 crore versus a gain of Rs 472 crore in Q1.

• Thomas Cook (India) said its Canadian step-down subsidiary, Digiphoto Entertainment Imaging, has been voluntarily dissolved.

• The development was disclosed by the company in an exchange filing.

• The dissolution pertains to the company's Canadian step-down subsidiary and has been completed through a voluntary process.

• ICICI Lombard General Insurance reported Q2 net profit of Rs 946 crore, up 15.4% YoY from Rs 820 crore.
• Net premium earned rose 17.7% YoY to Rs 6,652 crore from Rs 5,652 crore.
• The company declared an interim dividend of Rs 7 per share.

• AXISCADES Technologies said its US step-down subsidiary XIDA will acquire substantially all business assets of ITSJ Group, Inc. for Rs 67 crore, according to an exchange filing.

• The proposed acquisition is aimed at expanding XIDA's capabilities and strengthening its presence in the relevant business segments.

• The transaction involves the acquisition of substantially all operating business assets of ITSJ Group, Inc.

• Smartworks Coworking Spaces has filed an application with the National Company Law Tribunal (NCLT), New Delhi Bench, seeking approval for a proposed reduction of share capital.
• The company has e-filed the application as part of the process for obtaining regulatory sanction for the proposed capital reduction.

• AXISCADES Technologies has completed the acquisition of a 100% stake in Ulosia Holding AG, according to an exchange filing.

• The acquisition marks the completion of the transaction announced earlier by the company.

• ACME Solar Holdings has incorporated a wholly owned subsidiary, ACME Renewables FZCO, in the United Arab Emirates, according to an exchange filing.

• The company said ACME Renewables FZCO will serve as a platform to support its renewable energy business and international growth initiatives.

• The development was disclosed through an exchange filing.

• Emmvee Photovoltaic reported Q2 net profit of Rs 382 crore, up 60.5% YoY.
• Revenue increased 39.3% YoY to Rs 1,576 crore.
• EBITDA rose 39.3% YoY to Rs 556 crore.
• EBITDA margin remained flat at 35.3%.

• CEAT reported Q2 revenue of Rs 4,762 crore, up 26.2% YoY.
• Net profit fell 39.8% to Rs 112 crore from Rs 186 crore.
• EBITDA declined 9.1% YoY to Rs 457 crore.
• EBITDA margin contracted to 9.6% from 13.3%.

• Jio Platforms has filed its Red Herring Prospectus (RHP) with the Registrar of Companies.
• The IPO will open on Oct. 21 and close on Oct. 23.
• Anchor bidding will take place on Oct. 19.
• Price band has been fixed at Rs 1,065-1,119 per share.
• Employees will receive a Rs 54 per share discount.
• Issue lot size is 12 shares.

• Bajaj Consumer Care reported Q2 net profit of Rs 70.2 crore, up 65.9% YoY from Rs 42.3 crore.
• Revenue rose 25.5% YoY to Rs 333 crore.
• EBITDA increased 72.1% YoY to Rs 82.3 crore.
• EBITDA margin improved to 24.7% from 18%.

• Tata Technologies reported Q2 net profit of Rs 171 crore, down 5.2% QoQ from Rs 181 crore.
• Revenue rose 2% QoQ to Rs 1,699 crore from Rs 1,665 crore.
• EBIT declined 1.2% QoQ to Rs 219 crore.
• EBIT margin stood at 12.9% versus 13.3% in Q1.

• HDB Financial Services reported Q2 net profit of Rs 780 crore, up 34.3% YoY from Rs 581 crore.
• Revenue increased 10.1% YoY to Rs 5,005 crore from Rs 4,545 crore.
• The company declared an interim dividend of Rs 2 per share.

• BHEL reported Q2 net profit of Rs 821 crore, compared with Rs 375 crore a year ago.
• Revenue rose 23.8% YoY to Rs 9,300 crore from Rs 7,512 crore.
• EBITDA increased 76.7% YoY to Rs 1,026 crore from Rs 581 crore.
• EBITDA margin expanded to 11% from 7.7%.

• 48 companies will declare their earnings today.
• 360 One Wam, 5Paisa Capital, Advik Capital, Alok Industries, Angel One, Armee Infotech, Avenique, BFL Asset Finvest, Bombay Super Hybrid Seeds, Butterfly Gandhimathi Appliances, Carnation Industries, CCL Products (India), City Pulse Multiventures, Cyient DLM, DB Corp, Fedbank Financial Services, HDFC Asset Management Company, HDFC Life Insurance Company, Heritage Foods, IIFL Finance, Indian Bank, Indian Railway Finance Corporation, Jio Financial Services, Kabra Extrusiontechnik, Leading Leasing Finance and Investment Company, Sri Lotus Developers and Realty, L&T Finance, Mahindra EPC Irrigation, Metro Brands, MPF Systems, Mangalam Worldwide, Narmada Macplast Drip Irrigation Systems, Nestle India, Orient Electric, Oriental Hotels, Persistent Systems, Polycab India, SBC Exports, Shree Krishna Infrastructure, South Indian Bank, Sterling and Wilson Renewable Energy, Tata Communications, Tech Mahindra, Tips Music, Tuni Textile Mills, UCO Bank, USG Tech Solutions, Vipul, Wipro
   

• US markets ended lower on Wednesday, with all the indices ending lower, on the back of hotter-than-expected inflation data.
• The Nasdaq Composite fell 1.88%, the S&P 500 declined 1.11%, while the Dow Jones Industrial Average shed 0.09%.

• Asian markets were trading lower, tracking weaker US markets.
• Nikkei plunged 3.6%, Kospi 6.5%, Topix 1.8%, and ASX 200 0.33%

Track all the key stock market updates on October 15, including Q2 FY27 earnings, block and bulk deals, dividend announcements, corporate actions, brokerage calls, order wins and exchange filings.

Follow major price movements across stocks, including Wipro, Nestle India, Polycab, Tech Mahindra, HDFC AMC and Persistent Systems as they remain in focus ahead of Q2 numbers, alongside macroeconomic data, FII/DII activity and global market cues.