Stocks to Watch Today, Oct 23; Infosys, LTIMindtree, BEL & More in Focus

Indian benchmark indices are expected to open on a positive note on Thursday, extending their current rally to new highs despite weak global cues. As of 7:15 AM, GIFT NIFTY was trading 405 points higher at 26,271, indicating a strong start for the Nifty50.

Infosys

Infosys announced that its promoters, including founder Narayana Murthy and chairman Nandan Nilekani, will not participate in the share buyback programme announced in September. The move reflects their long-term commitment to the company.

LTIMindtree

LTIMindtree informed that its Whole-time Director and President, Nachiket Deshpande, has resigned from his position effective October 31, 2025. Deshpande, who joined the board in 2019, is stepping down to pursue new opportunities, as stated by the company.

Bharat Electronics Limited (BEL)

Bharat Electronics Limited received an order worth ₹633 crore from Cochin Shipyard Ltd. The order includes the supply of sensors, weapon systems, fire control, and communication equipment for naval use, further strengthening BEL’s defence portfolio.

Ola Electric

Ola Electric’s board is scheduled to meet on October 25, 2025, to discuss potential fundraising through equity or other securities. The company also clarified that no chargesheet has been filed against it and that it continues to cooperate with authorities in the ongoing investigation.

HCLTech

HCLTech has partnered with DIB to drive large-scale AI adoption across its ecosystem. The collaboration will leverage HCLTech’s advanced AI capabilities and global partnerships to ensure responsible and scalable deployment.

United Breweries

United Breweries reported mid-single-digit net revenue growth in India despite lower beer volumes caused by an extended monsoon season. The performance was supported by strong pricing, an improved portfolio mix, and premium brand growth driven by Kingfisher Ultra Max and Amstel Grande.

Also Read: Key Corporate Action This Week (October 20 to October 24)!

Conclusion

Overall, market sentiment remains upbeat, supported by domestic momentum and stock-specific developments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.