Stock-specific action remained in focus on Dalal Street on October 12, with investors reacting to corporate developments, brokerages call and quarterly business updates.
Bajel Projects share price rose 2 percent after the company secured an EPC order worth over Rs 200 crore from Tata Power for installing 220 kV GIS substations at Salsette and Powai in Mumbai.
Meesho share price rose 4.5 percent after its Mega Blockbuster Sale 2026 recorded a 75% year-on-year increase in Day 1 orders, with peak demand exceeding 75,000 orders per minute and transacting customers rising around 60%.
Avenue Supermarts share price fell more than 2 percent after the company reported a 7.6% year-on-year rise in standalone Q2 profit to Rs 803.6 crore, while revenue jumped 18.4% to Rs 19,206.2 crore. On consolidated basis, it reported an 8.5% year-on-year increase in Q2 profit to Rs 743.6 crore, while revenue grew 17.8% to Rs 19,644 crore.
Shares of IRB Infrastructure added 2 percent after CLSA maintained ‘Outperform’ rating with a target price of ₹34.50 per share, noting that toll revenue growth improved to 12% in Q2FY27.