HFCL reported a 448% year-on-year jump in Q2FY27 net profit to Rs 394 crore, compared with Rs 71.92 crore a year ago. Revenue surged 144% to Rs 2,542 crore, while EBITDA rose 224% to Rs 658 crore. EBITDA margin expanded 640 basis points to 25.89%. The optical fibre and AI beneficiary’s stock hit the 5% upper circuit at Rs 268.70 on the BSE and has gained nearly 300% so far this year.
Akhilesh Yadav, president of the Samajwadi Party, announced plans to release a manifesto on November 26. This manifesto will coincide with Constitution Day and is titled 'Jan-Man Manifesto'. Yadav emphasized that the manifesto aims to support backward classes, Dalits, and minorities. The party will prepare district-specific manifestos for all 75 districts in Uttar Pradesh.
ICICI Bank has outperformed HDFC Bank in 2026, supported by stronger loan growth, deposits and profitability. While ICICI commands a valuation premium, HDFC’s 28% stock decline has created a potential recovery opportunity. Brokerages see scope for HDFC’s margins to improve, but narrowing the growth and funding gap remains key.
Former India head coach Ravi Shastri has urged Rishabh Pant to retain his attacking style while adapting to match situations. He identified declining fielding standards as India’s biggest concern ahead of next year’s World Cup and backed Bhuvneshwar Kumar’s return to the T20I setup, citing his experience and IPL form.
Parts of Alaska are preparing for a severe winter storm expected to bring heavy snow and high winds. The National Weather Service has issued warnings for the eastern Alaska Range, with snowfall totals reaching up to 3 feet. Strong winds will accompany the snow, significantly impacting visibility and travel conditions. Fairbanks and surrounding areas are also under a winter storm watch, with snow accumulation expected.
L K Advani, the senior BJP leader, was discharged from Indraprastha Apollo Hospital after showing improvement. He was admitted for a chest infection on October 16, receiving treatment from Dr Vinit Suri. Advani's condition was monitored in the ICU initially, where he remained stable throughout his stay. The 98-year-old politician is known for his significant contributions to the BJP's growth in Indian politics.
Delhi Lok Adalat token booking : Delhi Traffic Police is opening online token downloads for the National Lok Adalat from October 19, 2026. The hearing has been rescheduled to October 25. Eligible motorists can check their challans and download a slip through the official portal, subject to a daily limit of 50,000 downloads and an overall cap of 2 lakh.
Tech Mahindra shares fell 2.1% after a sharp post-results rally, as investors booked profits. Brokerages remain divided, with Nuvama projecting 25% earnings growth over two years, while Nomura maintains a Neutral rating amid a focus on future growth and margins.
Dhal Singh Bisen took the oath of office as the new Governor of Uttarakhand at Lok Bhavan. He was sworn in by Acting Chief Justice Manoj Kumar Tiwari in a formal ceremony. Chief Minister Pushkar Singh Dhami and other senior officials were present to witness the occasion. Bisen previously served as a legislator and a minister in Madhya Pradesh.
