Stocks to Watch Today, November 12, 2026: Tata Power, Bajaj Finance, Hindustan Copper, BHEL, MIDHANI, Cupid and Aditya Infotech are among the key stocks in focus on Thursday following major Q2 earnings, institutional fundraising, fresh orders and block deals.
Tata Power’s record ₹1,652 crore quarterly profit, Bajaj Finance’s ₹11,700 crore QIP and Hindustan Copper’s nearly 182% profit surge are among the biggest stock-specific developments.
Meanwhile, HAL, IRCTC and other major companies are scheduled to announce their September-quarter results today.
1. Tata Power: Q2 Profit Rises 33%, ₹11,871 Crore Project Approved
NSE: TATAPOWER
Tata Power reported its highest-ever quarterly group profit after tax of ₹1,652 crore in Q2 FY27, up 33% year-on-year.
Revenue increased 26% to ₹19,886 crore, while EBITDA grew 5% to ₹4,245 crore.
The company also approved a ₹11,871 crore investment in the 1,800 MW Shirwata pumped-storage project in Maharashtra, with an estimated execution period of 51 months.
What to watch: Strong earnings and energy-storage expansion support the growth outlook, but EBITDA growth trailing revenue growth highlights pressure on operating margins.
Read: Tata Power Q2 FY27 Profit Jumps 33%; SGD 831 Million Court Risk Emerges
2. Bajaj Finance: ₹11,700 Crore QIP Opens at ₹992.25 Floor Price
NSE: BAJFINANCE
Bajaj Finance opened its qualified institutional placement (QIP) on November 11, setting a floor price of ₹992.25 per share.
The company may offer a discount of up to 5% on the regulatory floor price, while final pricing is yet to be determined.
The proposed ₹11,700 crore QIP is separate from the company’s ₹5,800 crore preferential warrant allotment to Bajaj Finserv.
What to watch: Institutional demand, the final QIP price and potential equity dilution could influence trading sentiment.
3. Hindustan Copper: Q2 Profit Surges 182% to ₹518 Crore
NSE: HINDCOPPER
Hindustan Copper reported a sharp improvement in September-quarter earnings.
Consolidated net profit jumped nearly 182% year-on-year to ₹518.13 crore, compared with ₹183.79 crore in the corresponding quarter last year.
Revenue rose approximately 64% to ₹1,175.24 crore, supported by stronger copper sales and metal prices.
The company also disclosed exchange-imposed fines relating to corporate-governance compliance.
What to watch: The earnings surge could attract investor attention, while copper-price volatility, production trends and governance developments remain important risks.
4. BHEL: Wins ₹600–900 Crore Power Grid Order
NSE: BHEL
Bharat Heavy Electricals Limited secured a fresh order worth ₹600–900 crore, excluding GST, from Power Grid Corporation of India.
The contract involves establishing two synchronous condensers at Kalyanpur in Gujarat to support renewable-energy integration and grid stability.
The project has an execution timeline of 35 months.
What to watch: The order strengthens BHEL’s project pipeline, although revenue recognition and profitability will depend on execution.
5. MIDHANI: Q2 Profit Jumps 115%, Revenue Rises 41%
NSE: MIDHANI
Defence-sector specialty metals manufacturer Mishra Dhatu Nigam reported a Q2 FY27 consolidated net profit of ₹27.84 crore, up approximately 115% year-on-year.
Revenue increased 41% to ₹295.91 crore, while EBITDA rose nearly 44% to ₹59.96 crore.
The company’s reported order book stood at ₹2,164 crore as of October 1, 2026.
What to watch: Strong earnings and the existing order pipeline provide operating visibility. Order execution, margins and working capital will remain key factors.
6. Cupid: Q2 Profit Soars 133%, FY27 Guidance Raised
NSE: CUPID
Cupid reported a 133% year-on-year increase in consolidated Q2 net profit to ₹56.22 crore.
Revenue from operations more than doubled to ₹187.86 crore, reflecting strong business growth.
Management raised FY27 revenue guidance to over ₹880 crore and net profit guidance to more than ₹275 crore.
What to watch: Higher earnings and upgraded guidance could support investor interest, but achieving the new targets will depend on sustained demand and execution.
7. Aditya Infotech: ₹582 Crore Block Deal Draws Mutual Fund Interest
NSE: CPPLUS
Aditya Infotech, the parent company of CP Plus, is in focus after Dixon Technologies sold approximately 1.14% of its stake through transactions worth ₹581.65 crore.
Motilal Oswal Mutual Fund and Kotak Mahindra Mutual Fund emerged as buyers, acquiring shares worth approximately ₹349 crore and ₹233 crore, respectively.
The transactions took place at ₹4,140 per share on November 11.
What to watch: Mutual fund purchases signal institutional interest, while Dixon’s stake reduction creates an offsetting supply consideration.
Other Stocks in Focus Today
IIFL Finance: Reuters reported that Fairfax Financial Holdings is planning to exit its nearly 11% stake, potentially worth around ₹3,000 crore. The proposed sale remains unconfirmed as a completed transaction and follows IIFL’s recently announced Blackstone investment.
Read: IIFL Finance and Other Stocks in News — November 11
Aurobindo Pharma: The USFDA classified the inspection of subsidiary Lannett Company’s Seymour facility as Official Action Indicated (OAI). The company stated that the development currently has no quantifiable impact on its financials or operations.
Q2 Results Today: HAL, IRCTC, RVNL and More
Several widely followed companies are scheduled to announce Q2 FY27 results on November 12, including Hindustan Aeronautics (HAL), IRCTC, Rail Vikas Nigam (RVNL), Bharat Dynamics, NMDC, Oil India, Vodafone Idea and Page Industries.
Investors will monitor earnings growth, operating margins, order execution and management guidance.
Read: HAL Q2 Results Preview and Key Expectations
Bottom Line
Tata Power, Bajaj Finance and Hindustan Copper lead today’s corporate watchlist with significant earnings and fundraising developments.
BHEL’s fresh order, MIDHANI’s defence-sector earnings growth and Cupid’s upgraded guidance add further stock-specific catalysts. Aditya Infotech’s block deal and IIFL Finance’s reported shareholder exit could also attract trading interest.
However, strong announcements do not guarantee positive stock returns. Investors should monitor trading volumes, valuations, market sentiment and official exchange disclosures before making decisions.
Read Next: F&O Build-Up Nov 11: 108 Stocks Show Long Signals as Nifty Closes Above 25,250
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investments in securities are subject to market risks. Readers should independently verify company disclosures and consult a qualified financial adviser where appropriate.
