Stocks to Watch on Oct 20, 2025: HDFC Bank, Reliance, Tata Power & More in Focus

Indian equities are expected to open higher today, supported by upbeat global cues, festive optimism, and strong Q2 results from key companies. At 7:40 AM, GIFT Nifty futures were trading 222 points higher at 25,980, signaling a gap-up start for benchmark indices Sensex and Nifty50.

HDFC Bank

HDFC Bank reported a 10.8% year-on-year rise in standalone profit to ₹18,641 crore, driven by a 4.8% increase in net interest income (NII). The bank’s asset quality also improved, with gross NPA declining to 1.24% from 1.40% sequentially.

Reliance Industries

Reliance Industries posted a 14.3% growth in consolidated profit to ₹22,092 crore. The company’s gross revenue rose 9.9% to ₹2.83 lakh crore, while EBITDA expanded 14.6% to ₹50,367 crore, reflecting broad-based strength across its business segments.

ICICI Bank

ICICI Bank recorded a 5.2% year-on-year rise in standalone profit to ₹12,358.9 crore, aided by a 7.4% growth in NII. Asset quality improved further, with gross NPA reducing to 1.58%, highlighting steady performance in its core operations.

IndusInd Bank

IndusInd Bank reported a standalone loss of ₹444.8 crore, compared to a profit in the year-ago period. The decline was attributed to a 17.5% fall in NII and higher provisions during the quarter.

IDBI Bank

IDBI Bank’s profit nearly doubled year-on-year to ₹3,627.4 crore, supported by higher other income and provision write-backs. The bank’s gross NPA improved to 2.65%, indicating stronger asset quality metrics.

Rail Vikas Nigam (RVNL)

RVNL emerged as the lowest bidder for a ₹144.4 crore contract from South Central Railway for overhead equipment upgradation, strengthening its project pipeline.

Tata Power

Tata Power announced a temporary suspension of operations at its Mundra plant until November 30. The company said it is taking necessary measures to resume operations at the earliest.

Sterling and Wilson Renewable Energy

Sterling and Wilson Renewable Energy bagged new EPC orders worth ₹1,772 crore across Rajasthan, Uttar Pradesh, and South Africa, further enhancing its renewable energy project portfolio.

L&T Technology Services (LTTS)

L&T Technology Services reported a 2.8% rise in consolidated profit to ₹328.7 crore, supported by 15.8% revenue growth. The company also declared an interim dividend of ₹18 per share for FY26.

Also Read: Wipro vs Infosys: Which IT Services Company Delivered Highest Earnings in Q2FY26? 

Conclusion

With corporate earnings and festive optimism setting a positive tone, the market is poised for a strong start. However, investors are likely to keep an eye on Q2 results, global trends, and festive demand indicators as the session progresses.

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.

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