Stocks to Watch Today, October 5, 2026: Sai Silks (Kalamandir), Redington, Studds Accessories, Cipla and Bajaj Housing Finance
- Bajaj Housing Finance gains on 25% YoY AUM growth and fresh NCD issuance.
- Sudarshan Chemical rallies 3.12% despite GST searches and completes a stake buyback.
- Cipla slips slightly as Maharashtra FDA cancels a unit's drug sale licence.
- Sai Silks reallocates IPO funds to expand retail footprint in South India.

*this image is generated using AI for illustrative purposes only.
Market sentiment remains mixed as earnings updates and regulatory actions drive stock-specific moves. Bajaj Housing Finance ticks up 1.11% on strong asset growth, while Cipla slips slightly following a licence cancellation notice.
Sai Silks (Kalamandir)
- Earnings: Reported Q2FY27 revenue of ₹434 crore and opened four new retail stores in Karnataka and Andhra Pradesh. Stock closed at ₹74.37 in the previous session, down 2.49%.
- Corporate action: Reallocated ₹20.27 crore of IPO funds from warehouse setup to new store development, with utilization due by March 31, 2027.
- Management: Appointed Shilpa Kotagiri as Company Secretary effective October 1, 2026.
Redington
- Deal: Signed a distribution agreement with OPSWAT for Middle East, Türkiye, Africa, and CIS regions to deploy MetaDefender Kiosk and Optical Diode for OT environments. Stock closed at ₹397.95 in the previous session, down 2.22%.
Studds Accessories
- Regulatory: Received the occupation certificate for its Faridabad Facility-V, clearing hurdles for operational readiness. Stock closed at ₹399.85 in the previous session, up 1.52%.
- Operations: Commercial production at the new facility is expected to commence by end-October 2026.
Cipla
- Regulatory: Maharashtra FDA cancelled the drug sale licence of a Cipla unit citing alleged violations, per newspaper reports. Stock closed at ₹1344.00 in the previous session, down 0.15%.
Bajaj Housing Finance
- Earnings: Q2FY27 AUM grew 25% YoY to ₹1.58 lakh crore, with gross disbursements rising to ₹19,930 crore. Stock closed at ₹82.91 in the previous session, up 1.11%.
- Fund raise: Allotted ₹807.82 crore worth of NCDs via private placement at a fixed coupon rate of 7.79%, maturing in August 2031.
Viceroy Hotels
- Corporate action: Lent ₹38.45 crore to subsidiary SLN Terminus Hotels at 8.75% interest to repay borrowings. Stock closed at ₹127.70 in the previous session, down 1.51%.
- Compliance: Closed the trading window until 48 hours after declaring Q2FY27 results, in line with SEBI insider trading norms.
Sudarshan Chemical Industries
- Regulatory: Maharashtra GST officials conducted searches at offices and manufacturing units under Section 67 of the GST law. Stock closed at ₹1241.50 in the previous session, up 3.12%.
- Deal: Completed the acquisition of a 15.89% stake in Sudarshan Colorants India for ₹150.76 crore from its wholly owned subsidiary.
Bottom Line
Financial services and chemicals show divergent trends, with Bajaj HFL benefiting from credit growth while Sudarshan Chemical defies regulatory noise with strong buying interest. Investors should monitor Cipla's regulatory response and Studds' production ramp-up for further cues.
How might the Maharashtra FDA's licence cancellation impact Cipla's broader regulatory standing and potential penalties beyond the specific unit?
Will Bajaj Housing Finance's 25% AUM growth sustain momentum given the rising cost of funds reflected in its recent NCD issuance at 7.79%?
What are the projected revenue contributions from Studds Accessories' new Faridabad facility once commercial production begins in late October 2026?
























