Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta

Benchmarks Nifty22,698.85-50.91FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.23 % Invest NowFEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.47 % Invest NowEnter search text:

The Economic Times daily newspaper is available online now. Read Today's Paper Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyBy Kumar Gaurav, ETMarkets.comLast Updated: Oct 29, 2026, 06:00:00 AM ISTSynopsis

Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment.

Indian equities ended lower on Wednesday, failing to draw support from positive global cues as persistent selling in heavyweight stocks weighed on market sentiment. Information technology and oil and gas shares led the decline, with both sectors falling more than 2%.

The Nifty 50 settled at 22,699, down 51 points, or 0.22%. The index has repeatedly failed to sustain gains above this zone, leaving 22,800 as a key resistance level. A decisive and sustained breakout above this hurdle would strengthen recovery prospects and open the way for further upside, according to Ponmudi R, CEO of Enrich Money.

Against this backdrop, several stocks, including Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium, Suzlon Energy are likely to remain in focus on Thursday, October 29, as investors track September-quarter earnings, fundraising plans, credit rating updates, regulatory developments and new business wins.

Jio Platforms, Reliance Industries

Jio Platforms, the telecom business of Mukesh Ambani-led Reliance Industries, made its stock market debut after raising funds through an initial public offering (IPO). The supplied copy cites the IPO proceeds at nearly Rs 3,02,200 crore, a figure that needs verification before publication.

Jio Platforms shares ended their maiden trading session at Rs 1,417.50, up approximately 26.7% from the IPO issue price of Rs 1,119 and 4.4% from the NSE listing price of Rs 1,358.

Live Events

Hero MotoCorp

Hero MotoCorp reported a 41% year-on-year (YoY) increase in consolidated profit after tax (PAT) to Rs 1,861 crore for the second quarter of FY27, compared with Rs 1,309 crore in the corresponding quarter of the previous fiscal.

Consolidated revenue rose 23% YoY to Rs 14,971 crore in Q2 FY27 from Rs 12,218 crore in Q2 FY26, the company said in its earnings announcement.

On a standalone basis, revenue from operations grew 21% YoY to Rs 14,687 crore during the quarter, while PAT increased 5% to Rs 1,456 crore.

Meesho

E-commerce platform Meesho reported a consolidated net loss of Rs 132.45 crore in Q2 FY27, narrowing 67.8% from Rs 411.36 crore in the corresponding quarter of the previous fiscal.

Revenue from operations rose 34.4% YoY to Rs 4,131.58 crore, compared with Rs 3,073.67 crore in Q2 FY26.

TVS Motor Company

TVS Motor Company, part of the TVS Group led by Venu Srinivasan, reported a 52% YoY increase in PAT to Rs 1,377 crore for Q2 FY27, compared with Rs 904 crore in the year-ago quarter.

Revenue from operations rose 44% to Rs 17,103 crore in the quarter ended September 2026, against Rs 11,905 crore in the corresponding period last year.

ALSO READ: These 7 private and public banking stocks have an upside of up to 27% in one year, according to analysts

JSW Energy

JSW Energy reported a 49.8% YoY increase in consolidated net profit to Rs 1,056.4 crore for Q2 FY27.

Revenue from operations rose 23% to Rs 6,368.5 crore from Rs 5,177 crore in the year-ago quarter.

Hyundai Motor India

Hyundai Motor India, the maker of the Creta SUV, reported standalone net profit of Rs 1,189 crore for Q2 FY27, down 24% from Rs 1,570 crore in the same quarter last year.

Revenue from operations rose 18% YoY to Rs 20,191 crore from Rs 17,061 crore in the corresponding quarter of the previous fiscal.

Force Motors

Force Motors reported a 16.2% YoY decline in net profit to Rs 294 crore for Q2 FY27, compared with Rs 351 crore in the year-ago period.

Revenue from operations rose 40.6% to Rs 2,925 crore from Rs 2,081 crore a year earlier. EBITDA increased 19.9% YoY to Rs 434 crore from Rs 362 crore.

However, EBITDA margin contracted 260 basis points to 14.8% in Q2 FY27 from 17.4% in the corresponding quarter last year.

Vedanta Aluminium

Vedanta Aluminium reported a 105% YoY increase in consolidated net profit to Rs 6,187 crore for the September quarter, compared with Rs 3,012 crore in the year-ago period.

The company attributed the growth to record aluminium production, higher sales volumes and improved realisations.

ALSO READ: Hero MotoCorp Q2 Results: Profit surges 41% YoY to Rs 1,861 crore, revenue jumps 23%

United Spirits

Diageo-controlled liquor maker United Spirits reported a 2.1% YoY decline in net profit to Rs 462 crore for the September quarter, compared with Rs 472 crore in the year-ago period.

Bandhan Bank

Bandhan Bank reported a 23.9% quarter-on-quarter (QoQ) increase in net profit to Rs 622 crore for Q2 FY27, compared with Rs 502 crore in the previous quarter.

Net interest income (NII) rose 1.3% sequentially to Rs 2,960.4 crore from Rs 2,921 crore.

Asset quality improved marginally during the quarter. Gross non-performing assets (NPA) stood at 3.11% as of September 30, 2026, compared with 3.15% in the previous quarter. Net NPA eased to 0.92% from 0.93%.

eMudhra

eMudhra said SES ESG Research Private Limited revised its Environmental, Social and Governance (ESG) score to 64.9 from 68.0 in its ESG Report 2026, updated on October 28, 2026.

According to the company, the revision was based on publicly available data and was primarily attributable to recent corporate announcements relating to its certificate business.

EPack Prefab Technologies

EPack Prefab Technologies commenced commercial production of pre-engineered building (PEB) structures and PUF panels at its Ghiloth manufacturing facility in Rajasthan on October 28, 2026.

The Rajasthan State Pollution Control Board granted its Consent to Operate for the facility through an order dated October 28, 2026.

Emkay Global Financial Services

Emkay Global Financial Services' board approved the transfer of its entire stakes in Emkay Investment Managers and Emkay Wealth Advisory to ECPL, making both step-down wholly owned subsidiaries. It also approved the transfer of its wealth management business to Emkay Wealth Advisory through a slump sale on a going-concern basis. Additionally, the board cleared an investment of up to Rs 30 crore in ECPL through a rights issue to fund the proposed transactions and other business purposes.

ALSO READ: Diwali 2026: Sensex plunged 10,000 points, Nifty dropped 12% since last Diwali. Will Samvat 2083 bring some relief?

Q2 results today

Coal India, Asian Paints, Interglobe Aviation, Trent, Laurus Labs, Ambuja Cements, Godrej Consumer Products, Welspun Corp, Apar Industries, Motilal Oswal Financial Services, Suzlon Energy, Blue Star, Milky Mist Dairy Food, Firstsource Solutions, MTAR Technologies, Timken India, Grindwell Norton, Deepak Nitrite, Pine Labs, Brigade Enterprises and Alivus Life Sciences.

Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onjsw energyreliance industriesunited spiritsmeeshosuzlon energyemudhravedanta aluminiumhero motocorpepack prefab technologiesbandhan bank

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...moreless
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onjsw energyreliance industriesunited spiritsmeeshosuzlon energyemudhravedanta aluminiumhero motocorpepack prefab technologiesbandhan bank

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...morelessPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition

• The tough business behind the walls

• KYC and KYB: Inside Damani’s DMart, the retail chain for the middle class. And stock for the long term? – Part 2 of 3

• Will it be a regulatory nightmare if an exchange lists on its own platform?

• KYC and KYB: Inside Damani’s Avenue Supermarts that refuses to charge more – Part 1 of 3

• Will oil turn into a lingering problem? Is the world economy, India, or the market prepared?

• KYB and KYC: Business behind the wealth creator called ‘Divi’s Lab’ – Part 2, concluding

• 1
• 2
• 3

View all StoriesContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories
& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET

Unlock Access to All Exclusives with ETPrime FREE TRIAL

15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

Trial offer expiring in00 : 05 : 00

I'd rather pay ₹2599 now

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Unlock ETPrime's Exclusive Stories Today!

Big Price Drop! Flat 40% Off

Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In now

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get Flat 40% Off

Then ₹ 1749 for 1 year

Avail Offer

Offer Exclusively For You

ET Prime at ₹ 49 for 1 month

Then ₹ 1749 for 1 year

Avail Offer

Special Offer

Get flat 40% off on ETPrime

Avail OfferAvail OfferClaim NowAlready a Member? Sign In now

Need Assistance?

Connect with an ETPrime expert for personalized support and guidance

+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '

' + h3 + '

' + h4 + '

' + listing + '

'; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }

What’s Included with

ETPrime Membership

1Exclusive Insights That Matter

Uncover the truth with our investigative stories

Make strategic moves using the real-world case studies

Read industry-specific stories to identify emerging trends

Spot opportunities with
in-depth insights that matter

• Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

  What Adani’s US indictment means for India Inc’s overseas fundraising

• Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

  Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

• Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

  The problem with lab grown diamonds

• Why a falling rupee is a better option for the economy

  A list of top 20 momentum stocks that have delivered massive returns in one year

2Invest Wisely With Smart Market Tools & Investment Ideas

Alpha Trade

Get daily trade ideas from SEBI-registered research analysts.

Investment Ideas

Grow your wealth with stock ideas & sectoral trends.

Stock Reports Plus

All-in-one stock research with Stock Score, peer comparison & key signals.

BigBull Portfolio

Get to know where the market bulls are investing to identify the right stocks.

Stock Analyzer

Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

Market Mood

Analyze the market sentiments & identify the trend reversal for strategic decisions.

Stock Talk Live at 9 AM Daily

Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

3Stay informed anytime, anywhere with ET ePaper

ePaper - Print View

Read the PDF version of ET newspaper. Download & access it offline anytime.

ePaper - Digital View

Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

Wealth Edition

Manage your money efficiently with this weekly money management guide.

TOI ePaper

Read the PDF version of TOI newspaper. Download & access it offline anytime.

Deep Explainers

Explore the In-depth explanation of complex topics for everyday life decisions.

Health+ Stories

Get fitter with daily health insights committed to your well-being.

Personal Finance+ Stories

Manage your wealth better with in-depth insights & updates on finance.

5Enjoy Complimentary Subscriptions From Top Brands

Stream new documentaries from all across the world every day.

Stories you might be interested in