Stocks to Watch Today, Thursday, October 29, 2026: Jio Platforms, Hero MotoCorp, TVS Motor Company, Hyundai Motor India, Meesho

New Delhi, Oct 29: Here are five stocks in focus on Thursday, from Jio Platforms a day after its stock market debut to a 41 per cent profit jump for Hero MotoCorp to 52 per cent rise for TVS Motor to 24 per cent fall for Hyundai Motor India to a narrower loss for Meesho. Here are some key points to note from today’s session.

Jio Platforms 

Jio Platforms shares will remain in focus a day after their stock market debut, as investors assess the stock’s performance following a listing premium of more than 21 per cent. The shares listed at Rs 1,358 against the issue price of Rs 1,119 and ended 4.49 per cent higher at Rs 1,419 on the NSE, taking its market value to about Rs 13 lakh crore. 

 Reliance Industries, which holds about 66.4 per cent of the company, will also stay in focus, with its board meeting on October 30 to consider its September-quarter results. 

 Hero MotoCorp (HEROMOTOCO) 

The two-wheeler manufacturer posted a 41 per cent YoY rise in consolidated profit after tax (PAT) to Rs 1,861 crore in Q2 FY27, compared with Rs 1,309 crore in the corresponding quarter of the previous fiscal. Revenue from operations rose 23 per cent to Rs 14,971 crore. 

Dispatches rose 10 per cent to 18.68 lakh units, with scooter sales up 47 per cent to 2.40 lakh units and VIDA electric scooter sales up 76 per cent. The EBITDA margin was steady at 13.4 per cent, and standalone profit rose 4.55 per cent to Rs 1,456 crore. The company is also investing more than Rs 3,200 crore in a global parts centre in Tirupati, Andhra Pradesh. 

 TVS Motor Company (TVSMOTOR) 

TVS Motor reported a 52 per cent YoY jump in standalone profit after tax to Rs 1,377 crore for Q2 FY27, up from Rs 904 crore in the year-ago quarter. Revenue rose 44 per cent to a record Rs 17,103 crore, and EBITDA rose 47 per cent to Rs 2,219 crore, with the margin up 30 basis points to 13 per cent. 

Sales hit a record 1.9 million units, up 27 per cent, with motorcycles up 28 per cent, scooters up 29 per cent and three-wheelers up 47 per cent to 78,475 units. The board also approved the demerger of its consumer finance business, and the shares rose as much as 4 per cent after the results. Profit, revenue and EBITDA beat a CNBC-TV18 poll, though the margin was below estimates. 

 Hyundai Motor India (HYUNDAI) 

The automaker reported a 24 per cent YoY decline in standalone net profit to Rs 1,189 crore for Q2 FY27, compared with Rs 1,570 crore in the corresponding period last year. Revenue from operations rose 18 per cent to Rs 20,191 crore. 

The consolidated EBITDA margin narrowed to 9.5 per cent from 13.9 per cent a year earlier as raw material and employee costs rose, and consolidated profit fell 23.9 per cent to Rs 1,196 crore. The company has kept its full-year margin guidance of 11 to 14 per cent and expects a better trajectory in the second half. 

Meesho 

Meesho narrowed its consolidated loss to Rs 132.4 crore in Q2 FY27 from a loss of Rs 411.3 crore a year earlier, while revenue surged 34.4 per cent to Rs 4,131.6 crore from Rs 3,073.7 crore. 

Its net merchandise value rose 23 per cent to Rs 12,911 crore, orders increased 17 per cent to 819 million and annual transacting users grew 21 per cent to 284 million. The seller base grew 60 per cent to 1.13 million, and the loss was little changed from Rs 132.8 crore in the previous quarter. 

Source

•  Company exchange filings
• CNBC-TV18
• Business Standard