Stocks to Watch for November 13: IRCTC, Oil India, M&M, Ola Electric, Hitachi Energy and more

From Oil India reporting a 21.3% quarter-on-quarter decline in net profit to ₹2,259.42 crore in Q2 to Zee Entertainment approving a share buyback of u... 1 /8 Oil India | The upstream exploration and production firm reported a 21.3% quarter-on-quarter decline in net profit to ₹2,259.42 crore in Q2, compared with ₹2,870.21 crore in the previous quarter. Revenue, net of excise duty, increased 1.4% to ₹8,071.2 crore from ₹7,958.1 crore. EBITDA declined 26.5% QoQ to ₹3,001 crore from ₹4,084 crore, while EBITDA margin contracted to 37.2% from 51.3% in the preceding quarter.

The company has declared an interim dividend of ₹7 per share, equivalent to 70% of its paid-up capital, for the financial year 2026-27. The dividend will be paid on or before December 12, 2026. 2 /8 Ola Electric Mobility | The firm reported a 39% year-on-year decline in revenue to ₹421 crore in the second quarter of FY27, from ₹690 crore a year earlier. The company's net loss narrowed to ₹362 crore from ₹418 crore.

EBITDA, widened to ₹218 crore from ₹203 crore in the year-ago quarter. Gross margin stood at 29.93%, compared with 30.9% a year earlier. In value terms, gross margin fell to ₹126 crore from ₹213 crore.

Operating expenses declined to ₹369 crore from ₹472 crore in the year-ago quarter. They were also lower than the ₹390 crore reported in the first quarter of FY27, excluding a one-time, non-cash reversal of ₹57 crore in that quarter. 3 /8 Hitachi Energy | The firm reported a 20.8% year-on-year increase in net profit to ₹319 crore in Q2, compared with ₹264 crore a year ago. Revenue surged 63.6% to ₹2,996.5 crore from ₹1,832 crore.

EBITDA rose 36.4% to ₹406.3 crore against ₹297.8 crore in the corresponding quarter last year, while EBITDA margin contracted to 13.6% from 16.3%. On a CNBC-TV18 poll basis, net profit came in below the estimate of ₹345 crore, while revenue beat the estimate of ₹2,588 crore. EBITDA missed the poll estimate of ₹438 crore, and EBITDA margin was below the expected 17%. 4 /8 Mahindra & Mahindra | M&M reported a 30.44% year-on-year increase in total production volume to 1.24 lakh units in October, compared with 94,873 units in the corresponding month last year, according to its monthly business update.

The automaker's total sales volume rose 7.3% to 1.27 lakh units, against 1.18 lakh units in October last year. Exports emerged as a key growth driver, with volumes jumping 77.5% year-on-year to 7,241 units from 4,079 units. 5 /8 Bondada Engineering | The firm reported a 9.8% year-on-year increase in revenue to ₹724 crore for Q2, compared with ₹659 crore in the year-ago period. Net profit rose 5.65% to ₹56 crore from ₹53 crore, while EBITDA increased 7.9% to ₹84 crore against ₹78 crore a year earlier.

EBITDA margin, however, contracted to 11.6% from 11.8% in the corresponding quarter last year. 6 /8 Dilip Buildcon | Bhopal-based construction and infrastructure company reported a 52.8% year-on-year decline in consolidated net profit to ₹101 crore for the September quarter, compared with ₹214 crore a year earlier. Revenue from operations rose 16.8% to ₹2,250.4 crore from ₹1,926 crore in the year-ago period. However, earnings before interest, tax, depreciation and amortisation (EBITDA) fell 6.8% to ₹439 crore from ₹471 crore.

Dilip Buildcon's order book stood at a record ₹33,081 crore as of September 30, 2026, up 19% from ₹27,691 crore at the end of June and 15% from ₹28,830 crore at the end of March. Roads and highways now account for just 15.6% of the order book, reflecting the company's efforts to diversify its business, it said. 7 /8 Zee Entertainment | It's board has approved a share buyback of up to 6.59 crore equity shares for an aggregate amount of ₹600 crore at a price of ₹91 per share through the tender offer route. The company has fixed November 25, 2026, as the record date to determine shareholder eligibility for the buyback. 8 /8 NCL Industries Ltd | Manufacturer of cement, ready-mix concrete, and other building materials approved an investment of ₹595.17 crore for the implementation of Phase II and III of its 130-megawatt (MW) solar and wind power project in Tuticorin, Tamil Nadu.

With this approval, the total estimated cost of the entire project has increased to ₹987.17 crore. The latest approval covers the remaining 80 MW capacity of the project. Home Photos News Market News Stocks to Watch for November 13: IRCTC, Oil India, M&M, Ola Electric, Hitachi Energy and more

Source: CNBC TV18