Stocks to Watch Today: RIL, IDBI Bank, Dr Reddy’s Labs and Others (October 15, 2026)

Indian stock markets are likely to track company-specific developments, quarterly earnings announcements, new project contracts and major corporate transactions during the trading session on October 15, 2026.  

Developments involving IDBI Bank, Reliance Industries, Dr Reddy’s Laboratories, Enviro Infra Engineers, Om Power Transmission, Bajaj Consumer Care, HDB Financial Services and ICICI Lombard General Insurance Company are expected to remain on investors’ radar. 

Reliance Industries Ltd (RIL) 

Jio Platforms, a subsidiary of Reliance Industries, will open its ₹30,187.6 crore initial public offering (IPO) for public subscription on October 21, 2026, and close the issue on October 23, 2026. The price band has been fixed at ₹1,065–₹1,119 per share.  

The IPO comprises a fresh issue of 27 crore equity shares, with a reservation of up to ₹500 crore for eligible employees and up to ₹2,500 crore for eligible Reliance Industries shareholders. The anchor book will open on October 19, 2026. 

IDBI Bank Ltd 

Fairfax Financial Holdings-backed Canada Inc has been approved as the strategic buyer of IDBI Bank. The government and Life Insurance Corporation of India (LIC) are set to divest a combined 60.72% stake for ₹52,878 crore. The government will sell its 30.48% stake, while LIC will divest 30.24%. The acquisition price has been set at ₹81 per share. Following the transaction, the government will retain a 15% stake in the bank, while LIC will continue to hold 19%. 

Dr Reddy’s Laboratories Ltd 

The United States Food and Drug Administration (USFDA) has completed a pre-approval inspection at Dr Reddy’s Laboratories’ FTO-9 manufacturing facility in Visakhapatnam, Andhra Pradesh. The inspection, conducted on October 8 and October 9, 2026, resulted in a Form 483 containing three observations. Investors will monitor the company’s response and any subsequent regulatory developments concerning the facility. 

Enviro Infra Engineers Ltd 

Enviro Infra Engineers’ subsidiary, Suyog Urja, has received a Letter of Intent (LoI) from Arie Energy LLP for a project worth ₹228 crore. The contract covers engineering, procurement and construction (EPC) turnkey work for the development of the 100 MW Ajani Wind Power Project in Latur, Maharashtra. The order adds to the company’s project pipeline in the renewable energy segment. 

Om Power Transmission Ltd 

Om Power Transmission has received a Letter of Acceptance (LoA) from Uttar Gujarat Vij Company for a turnkey contract worth ₹101.56 crore. The project involves converting the existing electrical line network into an underground cable network in Ambaji, along with associated works. The contract marks another project development for the power transmission company. 

Bajaj Consumer Care Ltd 

Bajaj Consumer Care reported a 65.9% year-on-year increase in consolidated profit for the second quarter, reaching ₹70.2 crore compared with ₹42.3 crore in the corresponding period last year. Revenue grew 25.5% to ₹332.8 crore from ₹265.3 crore. The results will be in focus as investors assess the company’s revenue growth and profitability. 

HDB Financial Services Ltd 

HDB Financial Services reported a 34.2% year-on-year rise in profit to ₹780.2 crore for the second quarter, compared with ₹581.4 crore a year earlier. Net interest income increased 15.6% to ₹2,533.7 crore from ₹2,192.5 crore. The quarterly performance will be closely monitored for indications of business growth and earnings momentum. 

Read More: Transrail Lighting Share Price Surges Over 3% After Securing Orders Worth ₹408 Crore! 

ICICI Lombard General Insurance Company Ltd 

ICICI Lombard General Insurance Company reported a 15.47% year-on-year increase in profit to ₹946.4 crore, compared with ₹819.54 crore in the corresponding period last year. Net premiums earned rose 17.7% to ₹6,651.87 crore from ₹5,651.7 crore, while total income increased 19.2% to ₹7,843.7 crore from ₹6,582.7 crore. 

However, the underwriting loss widened to ₹318.38 crore from ₹178.36 crore a year earlier. The company’s board has also approved an interim dividend of ₹7 per share. Investors will assess the growth in premiums and income alongside the higher underwriting loss. 

Trident Ltd 

Rahul Roongta has rejoined Trident as Group Chief Financial Officer (CFO). He has been designated as Senior Management Personnel, with the appointment taking effect on October 14, 2026. 

Aeroflex Industries Ltd 

Aeroflex Industries has announced a capacity expansion programme with a total capital expenditure outlay of ₹202 crore. The investment will support expansion across stainless steel hoses and braiding, assemblies, and liquid cooling skid assemblies. 

Morepen Laboratories Ltd 

The Himachal Pradesh High Court has quashed a show-cause notice issued to Morepen Laboratories and disposed of the writ petition in favour of the company. The Central GST and Central Excise Commissionerate, Shimla, had sought recovery of ₹117.94 crore towards an allegedly excess GST refund, along with applicable interest and penalties. 

NIIT Ltd 

NIIT has appointed Anish Sarkar as its Chief Executive Officer, effective October 14, 2026. He succeeds Pankaj Jathar, who stepped down from the position after deciding to move back to Bengaluru for personal reasons. 

Capri Global Capital Ltd 

The board of Capri Global Capital has approved raising up to ₹4,000 crore through equity shares or debt securities. The proposed fundraising may be carried out through permitted routes, including a rights issue, preferential issue, public issue, qualified institutions placement, foreign currency convertible bonds or external commercial borrowings. 

Laurus Labs Ltd 

Laurus Labs has invested ₹107.8 crore in KRKA Pharma, its joint venture with Slovenia-based KRKA d.d., Novo mesto, through a rights issue. Following the investment, Laurus Labs’ holding stands at 26.21 crore equity shares, while its ownership stake remains unchanged at 49%. 

Hyundai Motor India Ltd 

Hyundai Motor India has inaugurated its manufacturing facility in Talegaon, Pune. The company plans to invest ₹11,000 crore in the facility in phases, supporting its manufacturing expansion plans in India. 

Cemindia Projects Ltd 

Cemindia Projects opened its qualified institutions placement (QIP) issue on October 14, 2026. The floor price has been set at ₹1,158.58 per share, with the company retaining the option to offer a discount of up to 5% on the floor price. 

Turtlemint Fintech Solutions Ltd 

Turtlemint Fintech Solutions will invest ₹149.51 crore in its subsidiary, Turtlemint Insurance Broking Services, through a rights issue of up to 8.41 lakh equity shares at an issue price of ₹1,776.27 per share. 

Conclusion 

Reliance Industries’ upcoming Jio Platforms IPO, the proposed divestment of IDBI Bank, regulatory developments at Dr Reddy’s Laboratories and new project contracts for Enviro Infra Engineers and Om Power Transmission are among the key developments to monitor on October 15, 2026. Quarterly earnings from ICICI Lombard, HDB Financial Services and Bajaj Consumer Care will also remain in focus as investors assess revenue growth, profitability and business performance. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.