Research notes

The note says Marico has acquired a 60 per cent fully diluted stake in Satiya Nutraceuticals, owner of the brand PLIX, with a right to acquire the remaining 40 per cent.

The note says the company has entered an Operation and Management Agreement to operate and manage the Mission of Mercy Hospital and Research Centre.

The note says an Expert Appraisal Committee has recommended environmental and CRZ clearances for BPCL's Rs 1.03 trillion greenfield refinery and petrochemical complex in Nellore district, Andhra Pradesh.

The note says Hindustan Aeronautics is set to establish a second production line for the Shakti engine at its Koraput facility in Odisha, with the foundation stone to be laid by the Defence Minister.

The note says Tata Steel has developed a hot-rolled fire-resistant E350 structural steel that retains two-thirds of its room-temperature yield strength at 600°C for up to three hours.

The note says RBL Bank's provisional Q2FY27 figures showed total deposits up 34 per cent YoY to Rs 1.56 trillion and gross advances up 40 per cent to Rs 1.43 trillion.

The note says the company expects second-quarter consolidated revenue to rise in the high teens and remains on track to meet, and in select areas exceed, its FY2027 outlook.

The note says Vedanta's board is proposed to meet on 8 October 2026 to consider a first interim dividend for FY2026-27, with a record date of 14 October 2026.

The note says Axis Bank reported a 22.7 per cent YoY rise in gross advances to Rs 13,84,600 crore and 20.7 per cent YoY deposit growth to Rs 14,52,100 crore in the September quarter.

The note says Trent reported a 23 per cent YoY rise in standalone revenue for the second quarter, helped by growth across its fashion and lifestyle businesses.

The note lists a final dividend of Rs 1.00 per share with a 5 October 2026 corporate action date.

The note says loans and advances rose 23.8% year-on-year to Rs 309,675 crore and deposits grew 19.5% to Rs 354,084 crore in the September quarter.

The note says Coal India raised coal supplies 12.5% year-on-year to 61.2 million tonnes in September FY27.

The note cites a Reuters report that Jio Platform is finalising offer documents for an estimated $3.8 billion IPO.

The note says the NBFC approved plans to raise up to Rs 175 billion via a QIP and a preferential issue of warrants to Bajaj Finserv.

The note says the company signed a deal with the Maharashtra government to invest $5.19 billion in a steel plant.

The note says TCS will buy Best Buy's global capability centre in India for an undisclosed amount, and that IT stocks are in focus after Accenture guided to 3-6% growth for FY27.

The note says DLF achieved a complete sell-out of its senior living project Aureva for Rs 1,985 crore.

The note says the insurer appointed Sidharatha Mishra as MD & CEO for five years, with a COO role effective 6 October 2026.

The note says Avenue Supermarts reported an 18.4% rise in standalone revenue from operations to Rs 19,206.18 crore for the quarter ended 30 September 2026.

The note says Chairman and MD Bhavish Aggarwal has pledged a 4.32% stake to participate in the company's rights issue approved on 28 September.

The note says whole-time director Anup Saha will be MD and CEO of the lender for a three-year term.

The note says HDFC Bank has appointed ICICI Group veteran Anup Bagchi as its next MD & CEO following RBI approval.