VA Tech Wabag Bags An Order From Reliance Industries, Govt. To Rein In Fiscal Deficit & More

Nifty 50 and Sensex ended flat today. Banking and financial stocks were under pressure. Capital market stocks continued to rise amid reports about LTCG tax and STT. 

Key Indices

Broader Markets

NIFTY MIDCAP 150₹21,003.15 +0.92%

NIFTY SMLCAP 250₹16,933.70 +2.19%

INDIA VIX16.40 -4.43%

Sectoral Indices

Top Gainers and Top Losers

Top Gainers

Company	Today’s Chg	LTP
Ola Electric Mobility Ltd.OLAELEC	+16.23%+4.86	34.80
OneSource Specialty Pharma Ltd.ONESOURCE	+13.78%+192.50	1589.80
Acutaas Chemicals Ltd.ACUTAAS	+13.27%+444.50	3793.30
Sun TV Network Ltd.SUNTV	+10.92%+62.45	634.55
Data Patterns (India) Ltd.DATAPATTNS	+9.16%+345.60	4119.40

Top Losers

Company	Today’s Chg	LTP
Aegis Logistics Ltd.AEGISLOG	-7.05%-91.00	1200.10
Mahindra & Mahindra Financial Services Ltd.M&MFIN	-6.59%-18.40	260.85
Dalmia Bharat Ltd.DALBHARAT	-6.57%-106.80	1519.00
Mazagon Dock Shipbuilders Ltd.MAZDOCK	-6.45%-121.00	1754.00
Ambuja Cements Ltd.AMBUJACEM	-5.22%-19.20	348.80

*Prices shown may have delay up-to 15 minutes

Stock Action

SONACOMS₹851.85 +8.95%

On a consolidated basis, the company has reported 29.30% growth in its net profit at ₹223.40 crore for the quarter ended September 30, 2026 as compared to ₹172.77 crore for the same quarter in the previous year. The total income of the company increased by 35.93% at ₹1,577.37 crore for Q2FY27 as compared to ₹1,160.47 crore for the corresponding quarter previous year.

WABAG₹1,836.30 +7.55%

VA Tech Wabag has secured an order from Reliance Industries (RIL) towards design, engineering, supply, installation, pre-commissioning, commissioning and performance guarantee test run (PGTR) of a Desalination Plant with a capacity of 8,400 m3/hr, expandable to 12,600 m3/hr (302 MLD) and a 3,000 m3/hr Remineralization Plant at Jamnagar, Gujarat. The company has classified the order as ‘Mega’, which valued more than Rs 1000 crore. The order is to be executed in phases over 25 months.

TATACONSUM₹1,000.00 +6.78%

The company reported a 14.00% YoY growth in consolidated revenue from operations to ₹5,661.13 crores (up from ₹4,965.90 crores), while group consolidated net profit increased 15.65% YoY to ₹470.14 crores, with profit attributable to parent owners rising 16.03% to ₹469.30 crores.

TARIL₹314.30 +4.87%

The company is planning to invest ₹1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat. The new facilities will manufacture Bushings, Pressboard & Insulation Materials and Continuously Transposed Conductors (CTC), critical components that form the backbone of high-voltage transformer manufacturing and are essential for strengthening India’s power transmission infrastructure.

BHARTIARTL₹1,978.80 +3.20%

The telecom major’s share price rose on expectations of strong earnings growth, as per reports. Bharti Airtel has added 26.92 lakh customers in September 2026. Following this, the company’s total customer base has increased to 49.43 crore with market share of 38.02% in terms of wireless (Mobile) subscribers as on September 30, 2026.

Markets & Macro

• Highlighting the government’s aim to cap the national debt at 50% of Gross Domestic Product (GDP) by 2030, Union Finance Minister Nirmala Sitharaman has reiterated the Centre’s commitment to fiscal consolidation, citing annual budgets as evidence of its efforts to rein in the fiscal deficit.
• The Defence Acquisition Council (DAC) cleared capital acquisition proposals worth ₹2.12 lakh crore for defence forces. Around 82% of the approved procurements are expected to be sourced from Indian industry, boosting indigenous defence manufacturing.
• Union Commerce Minister Piyush Goyal has said that most of the discussions between India and the US on the proposed bilateral trade deal have been completed, and the two sides are now fine-tuning the agreement. Goyal’s statement came days after US Secretary of State Marco Rubio said that India and US have ‘extraordinary alignment’ on the core issues and ‘very, very close’ to signing a bilateral trade deal, with only a few points to be ironed out.
• The Ministry of Road Transport and Highways (MoRTH) has notified amendments to the Central Motor Vehicles Rules, 1989 to support the adoption of flex fuel vehicles capable of using E85 and other high ethanol fuels.
• The Reserve Bank of India (RBI) in its latest report has showed that India’s outward foreign direct investment (OFDI) commitments declined by 13.96% to $4,344.33 million in September 2026 as against $5,049.32 million in September 2025, with decline in loan and guarantee commitments.

FII & DII Activity (₹ Cr)

Corporate Actions

Ex-Date and Record Date: 29 October 2026

Active & Upcoming IPOs

The Only 2 Indicators You Actually Need (Stop Cluttering Your Charts)