Suzlon’s ₹550 Cr Capex, DMart Q2 Earnings, and RBI CRR Shock Put Over 20 Stocks
Indian equities are set for a dynamic trading session on Monday, October 12, 2026, as market participants track major second-quarter earnings scorecards, aggressive manufacturing expansions, and critical regulatory updates from the Reserve Bank of India. Leading early corporate momentum, wind energy giant Suzlon Energy has outlined major clean-energy infrastructure investments, while retail heavyweight Avenue Supermarts, non-banking lender Poonawalla Fincorp, and institutional fund-raising plays dominate market radars. Concurrently, broader banking and financial counters face immediate liquidity recalibrations following the central bank's policy adjustment to bank reserve mandates, establishing an action-packed morning across sectoral indices.
Corporate Capex and Q2 Scorecards: Suzlon, DMart, and Poonawalla Fincorp in Spotlight
Wind equipment manufacturer Suzlon Energy is primed for brisk movement after co-founder Girish Tanti confirmed plans to invest approximately ₹550 crore to establish three advanced wind turbine blade manufacturing plants strategically located across Gujarat, Karnataka, and Tamil Nadu. In retail earnings, Avenue Supermarts, the parent operator of the DMart hypermarket chain, reported an 8.5 percent year-on-year increase in consolidated net profit to ₹743.5 crore for the second quarter, supported by a 17.8 percent surge in revenue to ₹19,644 crore and a 15 percent rise in EBITDA to ₹1,394 crore, though operating EBITDA margins experienced mild compression to 7.0 percent from 7.3 percent a year ago. Non-banking financial company Poonawalla Fincorp delivered a standout performance, posting a massive multi-fold jump in second-quarter net profit to ₹374.8 crore compared to ₹74 crore in the corresponding quarter last year, propelled by a 75.7 percent jump in net interest income to ₹1,589 crore, while gross non-performing assets improved sequentially to 1.2 percent, net NPAs dropped to 0.61 percent, and total assets under management expanded to ₹74,008 crore.
RBI Mandate Tightens Banking Liquidity as Capital Goods and Realty Log Divergent Moves
Banking stocks, which outpaced headline benchmarks last week, enter the spotlight after the Reserve Bank of India raised the mandatory minimum daily cash balance requirement under the Cash Reserve Ratio (CRR) from 90 percent to 99 percent, taking effect from the reporting fortnight beginning October 16 to absorb excess systemic liquidity. In capital goods and engineering, infrastructure major KEC International secured fresh order wins totaling ₹1,014 crore across domestic and overseas verticals, while Bajel Projects clinched a significant commercial order valued between ₹200 crore and ₹300 crore for supplying and commissioning 220 kV Gas Insulated Switchgear (GIS) substations across Salsette and Powai in Mumbai. Precision engineering firm PTC Industries successfully concluded an ₹1,800 crore qualified institutional placement (QIP), issuing 8.54 lakh equity shares to institutional investors at ₹21,060 apiece at an approved 5 percent discount to the floor price. In real estate, Kalpataru reported a 5 percent contraction in quarterly pre-sales to ₹1,258 crore while launching its premium residential tower Kalpataru Elara in Goregaon, Mumbai, whereas Ajmera Realty recorded a sharp 68 percent drop in carpet area sold to 72,883 square feet, pulling down total sales value by 69 percent to ₹224 crore.
Asset Managers, Insurance Gains, and Expiry of Share Lock-In Windows
Housing finance lender Can Fin Homes posted a 9.2 percent uptick in Q2 net profit to ₹274.6 crore alongside a total loan book expansion to ₹43,539 crore, even as its net interest margin narrowed slightly to 3.89 percent and gross NPAs ticked up to 0.90 percent. In asset management and advisory, Canara Robeco AMC grew its quarterly profit by 21.5 percent to ₹59.2 crore with an interim dividend payout of ₹2 per share, while Anand Rathi Wealth registered a 9.5 percent drop in net profit to ₹89.95 crore despite logging record quarterly net inflows of ₹4,186 crore and rewarding shareholders with an interim dividend of ₹4 per share. In the life insurance space, Canara HSBC Life Insurance posted a 5.5 percent increase in net profit to ₹43.1 crore alongside a 24 percent surge in value of new business (VNB) to ₹266 crore for the first half of FY27, while newly listed leisure operator Waterways Leisure Tourism engineered a strong turnaround, posting a net profit of ₹54.4 crore on revenues of ₹133 crore. Additionally, traders will monitor potential supply overhang across six companies as pre-IPO share lock-in restrictions expire today, releasing selling barriers for three-month holders in Laser Power & Infra and Kusumgar, alongside one-month lock-in expirations for Kanohar Electricals, Prasol Chemicals, Glass Wall Systems, and Pranav Constructions.
