TARIL Reports Quarterly Earnings, ADANIPOWER Wins 1,234 MW Uttarakhand Contract & More
- PhonePe Invest
- 11 min read
- 14 Oct 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex ended a volatile trading session in the red on Wednesday, October 14. Sectorally, the sentiment was mixed, with Nifty Energy emerging as the top leader, while Nifty Pharma was the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
TARILTransformers & Rectifiers (India) reported strong Q2 FY27 consolidated financial results. Revenue from operations grew 61% YoY to ₹739 crore, while EBITDA surged 119% YoY to ₹129 crore, with margins expanding to 17.4%. Profit After Tax (PAT) jumped 117% YoY to ₹81 crore (11.0% PAT margin), and Earnings Per Share (EPS) rose to ₹2.66 from ₹1.13 in Q2 FY26.
AEGISLOGAegis Logistics, through its subsidiary Aegis Logistics International, has signed a definitive agreement to acquire an ~89.8% majority stake in Dubai-based Tristar Holdings for an equity consideration of $809 million. The deal marks Aegis’s transition into an international energy logistics platform, providing global reach across 30+ countries and diversification through Tristar’s $1.4 billion revenue network.
TATAELXSITata Elxsi reported Q2 FY27 operating revenue of ₹1,055.7 crore, up 3.4% QoQ and 15% YoY, with EBITDA margins expanding 70 bps QoQ to 21.9%. Performance was bolstered by strategic wins, including an EV aircraft collaboration with Sarla Aviation, an automotive cloud telematics deal, and an early-stage strategic investment in Silicon Valley-based KAVIA AI.
ADANIPOWERAdani Power received a Letter of Award from Uttarakhand Power Corporation Limited for the ex-bus net supply of 1,234 MW (1,320 MW installed capacity) of thermal power. Awarded through a competitive bidding process, the long-term Power Supply Agreement spans 25 years and remains subject to tariff adoption approval by the Uttarakhand Electricity Regulatory Commission.
TCSTata Consultancy Services has been selected by Australia’s MyState Limited to deploy the TCS BaNCS™ Global Banking Platform. The modern, AI-enabled core banking implementation will consolidate multiple operating systems, data repositories, and customer channels following MyState Bank’s merger with Auswide Bank, streamlining digital operations and supporting the financial institution’s future growth scale.
RAILTELRailTel Corporation of India secured two domestic orders. It received a ₹48.98 crore work order from Odisha’s Higher Education Department to develop 83 digital governance application modules by May 2027. Additionally, State Bank of India awarded RailTel a ₹197.18 crore purchase order to extend nationwide MPLS and P2P telecom links through March 2031.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty EnergyNIFTY ENERGY | +1.47%+527.60 | 36503.50 |
 Nifty FMCGNIFTY FMCG | +1.21%+540.55 | 45271.70 |
 Nifty ITNIFTY IT | +1.14%+340.90 | 30171.00 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 13 Oct 2026 | -1,305.13 | 2,439.24 |
| 12 Oct 2026 | -1,708.48 | 3,045.02 |
| 09 Oct 2026 | -3,568.90 | 4,743.26 |
| 08 Oct 2026 | -12,943.58 | 10,703.11 |
| 07 Oct 2026 | -6,121.37 | 4,596.57 |
| Month-to-Date | -39,223.22 | 45,839.58 |
What’s Happening Beyond Markets?
- According to the Ministry of Commerce and Industry, India’s wholesale price index (WPI) inflation rose to 11.39% year-on-year in September 2026, up from 9.92% in August. The surge was primarily driven by fuel, power, and food articles.
- As per the Technology Development Board (TDB), DST signed an agreement with ideaForge to provide ₹151 crore in RDI debt financing for developing YETI. The ₹302-crore project aims to create an autonomous VTOL logistics aerial vehicle carrying 200kg payloads.
- According to UK Deputy Trade Commissioner Jaya Choraria, bilateral trade between the UK and India is projected to expand significantly, increasing by GBP 25.5 billion annually under the Comprehensive Economic Partnership Agreement (CETA) framework.
- India’s rice export earnings grew by 12.9% during the April–August period, according to the Indian Rice Exporters’ Federation (IREF). To build on this momentum, the Bharat International Rice Council (BIRC) will focus on driving favourable trade policies and export incentives.
Corporate Actions
Ex Date and Record Date: 16 October 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| HCL Technologies Ltd. | Dividend | Interim Dividend, ₹12.00 |
IPO Corner: Mainboard
Active & Upcoming IPOs
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
| HD Fire Protect Ltd. | 13 Oct to 15 Oct, 2026 | ₹712 Cr | ₹258 to ₹271 | ₹14,190 |
| Fusion CX Ltd. | 14 Oct to 16 Oct, 2026 | ₹702 Cr | ₹275 to ₹289 | ₹14,025 |
| Sahajanand Medical Technologies Ltd. | 15 Oct to 19 Oct, 2026 | ₹475 Cr | ₹327 to ₹344 | ₹14,061 |
| Bonfiglioli Transmissions Ltd. | 15 Oct to 19 Oct, 2026 | ₹2,534 Cr | ₹558 to ₹586 | ₹13,950 |
| Zetwerk Manufacturing Business Ltd. | 15 Oct to 19 Oct, 2026 | ₹5,012 Cr | ₹143 to ₹151 | ₹14,157 |
| Tonbo Imaging India Ltd. | 15 Oct to 19 Oct, 2026 | ₹852 Cr | ₹665 to ₹700 | ₹13,965 |
What OPEC’s Decision Means For Tyre Stocks
Back to Basics
Terms that put you one step ahead – every day
What is Maximum Drawdown?
Maximum drawdown (MDD) measures the biggest percentage drop in your investment portfolio from its highest point (peak) to its lowest point (trough) before hitting a new high. Imagine buying a stock at ₹100. It rises to ₹150, crashes down to ₹90, and then recovers to ₹160. The fall from ₹150 to ₹90 is a ₹60 drop, making your maximum drawdown 40%.
On Wall Street, investors use MDD to understand a stock or fund’s worst-case loss scenario. It tells you how much pain you would have suffered if you bought at the absolute top and sold at the absolute bottom. For everyday investors, MDD is a real-world reality check for risk. A stock might deliver huge long-term returns, but if its MDD is 60%, ask yourself: can you handle seeing your portfolio drop that far without panic selling?
Learn more: https://www.phonepeinvest.com/buzz/learn/maximum-drawdown-explained/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
