Stocks to Watch Today: Paytm, IndiGo, M&M, RIL, LIC, TCS, Apollo Hospitals in Focus

Mumbai, Nov 6 : Markets ended lower on Thursday, with the Nifty 50 slipping 0.7% to close at 25,600 amid volatility on the weekly expiry day. Analysts noted that the index retested its 20 day EMA, warning that a sustained move below this level could extend the correction toward 25,400.

“On the upside, 25,800 will act as an immediate resistance. Traders should maintain strict risk management until a clear trend emerges,” said Ajit Mishra, SVP – Research, Religare Broking.

In today’s trade, several major stocks including Paytm, IndiGo, M&M, RIL, LIC, TCS, and Apollo Hospitals will be in focus following corporate earnings announcements and key developments.

Paytm

Paytm reported a 98% decline in consolidated net profit to ₹21 crore in Q2 FY26, compared with ₹928 crore a year ago, impacted by a one-time impairment of ₹190 crore related to its JV, First Games Technology. Revenue rose 24% YoY to ₹2,061 crore, driven by higher merchant subscriptions and growth in financial services.

Sun Pharma

Sun Pharmaceutical Industries posted a 2.6% YoY rise in net profit to ₹3,118 crore for Q2 FY26, with revenues up 8.6% YoY to ₹14,405 crore.

Grasim Industries

Grasim reported a 76% surge in consolidated net profit to ₹553.48 crore in Q2 FY26, while revenues rose 16.6% YoY to ₹39,899.58 crore, supported by improved performance across businesses.

IndiGo

IndiGo slipped into a loss of ₹2,582 crore in Q2 FY26 compared to a profit of ₹2,176 crore in Q1, though revenues rose 9% YoY to ₹18,555 crore.

Delhivery

Delhivery reported a net loss of ₹50.38 crore, reversing a profit of ₹10.20 crore a year earlier. Revenue increased 16.9% YoY to ₹2,559 crore.

Britannia

Britannia Industries appointed Rakshit Hargave, former CEO of Birla Opus, to a key leadership position reporting to MD Varun Berry.

United Spirits

United Spirits announced a strategic review of its investment in Royal Challengers Sports, which owns the RCB men’s and women’s teams in IPL and WPL.

Hindalco

Novelis, a Hindalco subsidiary, expects free cash flow impact of $550–650 million in FY26 due to a fire at its New York plant, along with a $100–150 million hit to EBITDA.

Reliance Industries (RIL)

RIL is reportedly reducing imports of Russian crude from sanctioned entities to comply with Western sanctions and protect access to U.S. and European markets.

Tata Power

Tata Power will invest ₹11,000 crore in a pumped hydro storage project in Shirawta, Pune, under an MoU with the Maharashtra government.

Mahindra & Mahindra (M&M)

M&M plans to sell its 3.45% stake in RBL Bank through a ₹682 crore block deal.

TCS

Tata Consultancy Services extended its 18-year partnership with ABB, focusing on AI-driven IT operations and modernising the firm’s digital infrastructure.

Adani Ports

Fitch Ratings revised the outlook on Adani Ports and Adani Energy Solutions to Stable from Negative, citing reduced contagion risks across the group.

LIC, Apollo Hospitals, Bajaj Housing Finance

These companies will announce their Q2 FY26 results later today, likely influencing market movement.