HCLTech, Lenskart, RBL Bank, and Can Fin Homes in Focus on October 13
Indian equity benchmarks are set for an action-packed trading session on Tuesday, October 13, 2026, as Dalal Street reacts to a wave of major post-market corporate disclosures spanning cutting-edge artificial intelligence partnerships, high-value institutional block deals, quarterly earnings, and infrastructure orders. Market participants will be closely monitoring prominent large-cap and mid-cap counters after a busy Monday evening of filings that highlighted strategic expansions in digital infrastructure, critical board-level management transitions, and substantial foreign capital flows into the Indian market across technology, financial services, green energy, and defense sectors.
Landmark AI Alliances and Q2 Earnings: HCLTech, RBL Bank, and Can Fin Homes Lead Action
Leading the corporate newsflow, IT services major HCLTech announced an expansive global premium partnership with artificial intelligence pioneer Anthropic to accelerate agentic AI adoption across enterprise clients, creating a dedicated business unit and Center of Excellence to integrate Anthropic’s advanced models alongside unveiling its financial performance for the September quarter. In the banking and lending space, private lender RBL Bank posted a massive surge in standalone net profit for the September quarter, climbing to ₹481.7 crore from ₹179 crore in the corresponding period last year, backed by a 37.4% year-on-year jump in net interest income to ₹2,131 crore alongside visible improvements in asset quality metrics. Housing financier Can Fin Homes also delivered steady performance, reporting a 9.2% year-on-year increase in September quarter net profit to ₹274.61 crore on an operational income of ₹1,131.18 crore, taking its half-year net profit to ₹542.43 crore. Meanwhile, ICICI Prudential AMC announced an interim dividend of ₹30 per share after reporting a 7% sequential revenue growth to ₹1,676.7 crore, even as net profit moderated 7.8% quarter-on-quarter to ₹888.9 crore, while microfinance lender CreditAccess Grameen significantly diversified its foreign liabilities by closing a $175 million syndicated social loan facility.
Strategic Orders, Defense Approvals, and Asset Scrutiny: From Rail EPC to PSU Bank Fraud Red Flags
Key infrastructure and public sector counters are positioned for noticeable volatility following major operational updates announced after market hours. State-owned railway engineering firm Ircon International secured a substantial Engineering, Procurement, and Construction (EPC) contract valued at ₹862.46 crore from the East Central Railway, while Vikran Engineering’s subsidiary NOPL Solar Projects entered into a massive ₹2,941 crore term loan agreement with state-run IREDA to fund utility-scale solar installations across Maharashtra. On the defense front, Goodluck Defence achieved qualified bidder status for manufacturing specialized 155mm HE M1A4 artillery ammunition supplied in ready-to-load formats. In the banking ecosystem, state-run Bank of India red-flagged a ₹575.4 crore credit exposure to Future Enterprises as fraudulent, signaling heightened vigilance over legacy non-performing assets, while private lender Karur Vysya Bank expanded its non-interest fee revenue stream through a distribution tie-up with Zurich Kotak General Insurance. Investors will also monitor gaming firm Nazara Technologies after the company announced that Chief Financial Officer Rakesh Shah will step down from his post on October 15, 2026.
Heavy Institutional Handshakes: Lenskart's ₹1,704 Cr Exit, Shadowfax, and Religare Block Deals
Institutional activity is poised to drive heavy trading turnover across secondary market counters following several marquee block deals executed at the start of the week. Eyewear giant Lenskart witnessed major equity churning after private equity investor Alpha Wave Ventures offloaded 26.4 million shares—representing a 1.52% equity stake—via a block deal on the BSE at an average price of ₹645.31 per share, generating an aggregate transaction value of ₹1,704.79 crore. Logistics player Shadowfax Technologies also registered substantial secondary action as Qualcomm Asia Pacific liquidated 5.713 million shares, equivalent to a 0.98% stake, at an average realization of ₹275.30 per share in a deal worth ₹157.28 crore. Financial services firm Religare Enterprises saw institutional portfolio realignments as Motilal Oswal Mutual Fund sold 46.19 lakh shares worth ₹99.84 crore, while Dalmia Bharat Refractories acquired 36.64 lakh shares valued at ₹79.15 crore, and industrial equipment manufacturer TD Power Systems finalized the allotment of 7.742 million equity shares under its Qualified Institutional Placement (QIP) at an issue price of ₹775 per share to shore up long-term balance sheet liquidity.
