Key Stock Highlights Ahead of Festive Trading
- Axis Bank, Marathon Nextgen, and Unimech Aerospace in focus with key leadership, project, and expansion updates.
- SBI raises Rs 7,500 crore via Tier 2 bonds; NSDL settles SEBI case for Rs 15.57 crore.
- Major bulk deals in RBL Bank, South Indian Bank, and Bliss GVS Pharma boost market activity.
As investors gear up for the special Muhurat Trading session on October 21, the stock market is expected to see active movement across several counters. From corporate earnings and new project launches to regulatory approvals and major deals, here’s a quick look at the top stocks likely to be in focus today.
Earnings in Focus
Several companies are set to release their financial results. Jain Resource Recycling, Julien Agro Infratech, and Netripples Software will declare their quarterly results today. On October 22, investors can look forward to results from Epack Prefab Technologies and Gamco.
Meanwhile, Geojit Financial Services has already posted its Q2 numbers, showing a sharp decline. The company’s consolidated profit dropped 59.1% year-on-year to Rs 23.5 crore compared to Rs 57.4 crore in the same period last year. Revenue also slipped 22.3% to Rs 169.8 crore from Rs 218.5 crore. The fall was largely due to weaker broking activity and lower market volumes.
Stocks to Watch
State Bank of India (SBI): SBI has successfully raised Rs 7,500 crore by issuing non-convertible Tier 2 bonds with a coupon rate of 6.93%. The funds are expected to strengthen the bank’s capital base and support future credit growth.
National Securities Depository Limited (NSDL): SEBI has accepted the Revised Settlement Terms (RST) proposed by NSDL’s High-Powered Advisory Committee. The market regulator has directed the company to pay a settlement amount of Rs 15.57 crore within 30 days and comply with non-monetary conditions, if any. This settlement is related to certain non-compliances found during SEBI’s inspection in FY2023–24.
Axis Bank: The Reserve Bank of India (RBI) has approved the appointment of Neeraj Gambhir as Executive Director for a term of three years, effective October 20. His appointment was earlier cleared by the board in July 2025. This move is expected to strengthen Axis Bank’s leadership team as it focuses on digital transformation and growth.
Marathon Nextgen Realty: The company has announced Monte South Commercial, a major office and retail project in Byculla, Mumbai, in partnership with Adani Realty. The project will span 1.2 million sq. ft. with an estimated Gross Development Value (GDV) of Rs 3,400 crore, marking a significant expansion in Mumbai’s commercial property market.
Manali Petrochemicals: Its wholly owned overseas subsidiary, AMCHEM SG, has signed a Share Purchase Agreement with COIM S.p.A. (Italy) to sell its entire stake in Notedome, UK, a step-down subsidiary. The sale is part of the company’s efforts to streamline operations and focus on core businesses.
Unimech Aerospace and Manufacturing: Unimech has commissioned two new manufacturing units a Precision Engineering Facility (Unit 3) and a Fabrication Facility (Unit 4) both in Bengaluru. With these additions, the company’s total manufacturing footprint now extends to 2.43 lakh sq. ft., reflecting its commitment to capacity expansion and aerospace innovation.
Precision Wires India: The company’s board has approved the allotment of 27.67 lakh equity shares at an issue price of Rs 151 per share, amounting to Rs 41.78 crore. The allotment follows the conversion of warrants into equity shares, after receiving the balance payment of Rs 31.33 crore (75% of issue price). The move aims to enhance shareholder participation and raise fresh funds.
Bulk Deals
RBL Bank: BNP Paribas Financial Markets has bought 1.18 crore shares (1.9% stake) in RBL Bank at Rs 317.85 per share, for a total value of Rs 377.35 crore. The strong buying interest signals investor confidence in the bank’s improving financial performance.
Bliss GVS Pharma: Mateus purchased 26 lakh shares at Rs 150.6 per share, worth Rs 39.15 crore, from Arian Investment. As of September 2025, Arian Investment held a 7.43% stake in the company.
DCB Bank: Infinity Asset Advisors sold 16.54 lakh shares (0.52% stake) at Rs 145.18 per share, totaling Rs 24.01 crore.
South Indian Bank: Investor Aditya Kumar Halwasiya acquired 2.01 crore shares (0.76% stake) at Rs 35.24 per share, amounting to Rs 70.83 crore a sign of growing investor interest in mid-tier banks.
LT Elevator: India Max Investment Fund sold 1.44 lakh shares (0.75% stake) at Rs 134.08 per share, worth Rs 1.93 crore. The fund had previously held a 1.5% stake in the company.
F&O Ban Updates: Sammaan Capital remains in the F&O ban list, while no stocks have been removed from the list as of now.
