Stocks to Watch Today, October 13, 2026: Shakti Pumps, Azad Engineering, Tata Motors Passenger Vehicles, Credit Access Grameen and Hindustan Composites

Earnings season delivers mixed signals as HCLTech rallies on AI partnerships and strong profits, while Tata Motors PV surges on JLR volume recovery. RBL Bank posts a 169% profit jump, contrasting with Bank of India’s fraud disclosure. Here’s what’s moving.

Shakti Pumps

• Corporate action: The company invested ₹5 crore in its EV mobility subsidiary, bringing cumulative investment to ₹80 crore. Stock closed at ₹416.90 in the previous session, down 0.50%.
• Capex: A further ₹10 crore was injected into Shakti Energy Solutions to build a 2.20 GW solar plant in Madhya Pradesh.
• Order Book: Secured a new order worth ₹112 crore, adding significantly to the backlog.

Azad Engineering

• Deal: Awarded a two-year contract by BHEL for critical airfoils valued at approximately ₹52.68 crore. Stock closed at ₹2,968.40 in the previous session, up 2.00%.

Tata Motors Passenger Vehicles

• Earnings: JLR wholesale volumes rose 25% YoY to 82,400 units, driven by UK and North America recoveries. Stock closed at ₹284.45 in the previous session, up 1.63%.
• Domestic Sales: UVC segment sales surged to 1,19,324 units, while the UV1 segment jumped to 25,365 units on new model ramp-ups.

Credit Access Grameen

• Earnings: AUM grew 19.5% YoY to ₹30,946 crore in Q2FY27, with disbursements up 19.4%. Stock closed at ₹1,301.20 in the previous session, up 2.66%.
• Asset Quality: PAR 90+ improved to 1.1%, marking the lowest level in ten quarters.

Hindustan Composites

• Dividend: Declared a special interim dividend of ₹21 per share, representing a 420% payout on face value. Stock closed at ₹435.85 in the previous session, up 2.11%.

RBL Bank

• Earnings: Net profit soared 169% YoY to ₹482 crore in Q2FY27, aided by NIM expansion to 4.61%. Stock closed at ₹417.70 in the previous session, down 0.07%.
• Balance Sheet: Gross advances rose 40% YoY to ₹1,433.5 billion, while deposits expanded 34%.

HCL Technologies

• Partnership: Signed a global premier partnership with Anthropic to scale Agentic AI, establishing a dedicated business unit. Stock closed at ₹1,223.00 in the previous session, up 0.52%.
• Earnings: Q2FY27 net profit rose 21% YoY to ₹5,132 crore on revenue of ₹35,620 crore.
• Capex: Announced a ₹500 crore expansion of its Lucknow IT city to house 4,500 professionals.

Bank of India

• Fraud: Declared Future Enterprise Ltd account as fraud with an outstanding amount of ₹575.40 crore; full provision held. Stock closed at ₹133.40 in the previous session, down 0.79%.
• Growth: Global business grew 21.07% YoY to ₹18,91,663 crore in Q2FY27.

Airfloa Rail Technology

• Partnership: Signed an MOU with KTK Group for Platform Screen Door projects, focusing on domestic manufacturing. Stock closed at ₹552.00 in the previous session, down 2.40%.

Goodluck India

• Corporate action: Board approved expanded restructuring scope including amalgamation of Goodluck Defence and Aerospace Limited. Stock closed at ₹566.35 in the previous session, up 13.21%.

Bottom Line

The day highlights the strength of IT and auto sectors, with HCLTech’s AI pivot and Tata Motors’ volume recovery driving sentiment. While financials show mixed signals—RBL’s profit surge against BoI’s fraud disclosure—small caps like Goodluck India demonstrate that corporate restructuring news can still spark significant price action.