Stocks To Watch: Lenskart, Vodafone Idea, Bajaj Finance, HAL, Nykaa, Patanjali, And Others

Stocks to Watch on November 10, 2025: Markets remained volatile on Friday and ended nearly flat, offering investors a brief respite after the recent correction. Analysts said the trend indicates caution

among traders amid global uncertainties and a lack of major domestic triggers.

Technically, the Nifty managed to hold its trendline support on the daily chart after retracing nearly half of its previous rally. Sustained trade above the 25,600 level could help rebuild confidence and pave the way for an upmove towards 25,800–26,000.

In today’s session, Lenskart, Vodafone Idea, Bajaj Finance, HAL, Adani Enterprises, and several others will be in focus following Q2 results and key corporate developments.

Lenskart

Eyewear retailer Lenskart will make its market debut today. Given muted grey market signals, the listing is expected to be around the issue price or slightly below. Despite receiving a strong subscription of over 28 times, investor sentiment cooled amid concerns over high valuations and one-off gains inflating financials.

Trent

Trent reported a below-estimate Q2 performance, with net profit up 11.3% YoY to Rs 377 crore, missing Street expectations of Rs 446 crore. Revenue also came in lower than forecasts, hurt by intense competition and muted consumer sentiment. The company’s board has approved tendering its entire 94,900-share stake in Inditex Trent Retail India (ITRIPL), operator of Zara stores, under ITRIPL’s buyback programme.

Reliance Power

Reliance Power clarified that Amar Nath Datta, recently arrested by the ED, has no association with the company. The clarification followed media reports linking the two. The firm assured investors that the development has no impact on its operations or financials.

Patanjali Foods

Patanjali Foods declared an interim dividend of Rs 1.75 per share for FY26. The record date is November 13, with payment due by December 7. The company reported a 67% YoY jump in Q2 net profit to Rs 516.69 crore, while total income rose to Rs 9,850.06 crore.

Hindustan Aeronautics (HAL)

HAL signed a major agreement with GE Aerospace to procure 113 jet engines for the Tejas light combat aircraft programme. Deliveries of the F404-GE-IN20 engines will begin in 2027 and conclude by 2032.

Nykaa

Nykaa’s parent FSN E-Commerce Ventures reported a 154% YoY surge in Q2 PAT to Rs 33 crore, though it missed Bloomberg’s Rs 38 crore estimate. Revenue grew 28% to ₹2,346 crore, marginally above expectations, while Ebitda rose 53% YoY in line with estimates.

Hindalco Industries

Hindalco Industries posted a strong Q2 with net profit up 21% YoY to Rs 4,741 crore, exceeding Bloomberg estimates of Rs 4,320 crore. Revenue rose 13% to Rs 66,058 crore, also ahead of Street projections.

Britannia Industries

Britannia expects stronger H2FY26 volume growth following GST rate cuts in food and beverages from 12–18% to 5%. CEO Varun Berry said the company has increased grammage by 10–13% in Rs 5 and Rs 10 packs and reduced prices on larger packs to pass on benefits to consumers.

Bajaj Auto

Bajaj Auto reported a 24% YoY rise in standalone Q2 net profit to Rs 2,480 crore, supported by robust exports and a premium product mix. The results slightly beat market estimates of Rs 2,440 crore.

Ather Energy

Tiger Global Management exited its entire 5.09% stake in Ather Energy, selling shares worth over Rs 1,204 crore through open market transactions. Its affiliate Internet Fund III offloaded 10.93 million shares across the NSE and BSE at an average price of around Rs 622 per share.

Kalyan Jewellers

Kalyan Jewellers doubled its Q2FY26 net profit to Rs 260.51 crore from Rs 130.60 crore YoY, with revenue rising 30% to Rs 7,856 crore. Sequentially, profit dipped slightly by 1.35%, while revenue grew 8% QoQ.

Havells India

Havells India announced a full and final settlement with the HPL Group, ending a long-running trademark dispute over the ‘Havells’ brand. The company will pay Rs 129.6 crore as a one-time settlement, resolving all ongoing litigations across courts.

Maruti Suzuki

Maruti Suzuki received NCLT approval to merge Suzuki Motor Gujarat with itself, effective April 1, 2025. The merger will consolidate operations under Maruti, streamlining production and ownership structure.

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