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Commodities12 Nov 2026

Stocks in Focus: Bajaj Finance Jumps, Page Industries and HAL Fall After Results

Several shares made big moves on Thursday, 12 November 2026, as companies reported their July-to-September (Q2 FY27) results and news.

Bajaj Finance rose

Bajaj Finance shares gained about 3.4%, making it one of the top Nifty 50 gainers. The company launched a share sale of more than $1 billion to institutional investors, according to a market report.

Page Industries fell sharply

Page Industries, which makes Jockey innerwear, fell about 13% after its September-quarter results.

HAL fell despite higher profit

Hindustan Aeronautics (HAL) fell about 4% to around Rs 4,737, even though its Q2 profit rose 16% and revenue rose 15%. Its EBITDA margin slipped to 22.9% from 23.5%, which investors did not like.

Other results and moves

- Bharat Dynamics fell about 6.6% to around Rs 1,026 after its consolidated net profit fell 15% from a year earlier.
- Caplin Point Labs fell about 3.2% to around Rs 2,439 despite a 15.6% rise in net profit.
- Godrej Industries rose about 12%.
- Paytm and Kalyan Jewellers each rose about 7%.
- Ola Electric rose over 7% ahead of its results.
- Tata Power fell about 0.8% after naming Sanjay Banga as its new CEO. It reported about a 49% rise in Q2 profit.

Index news

MSCI added Adani Green Energy, Coforge, LIC and Meesho to its India index and removed PI Industries, according to a market report.

What it tells investors

A rise in profit does not always lift a share price. Investors also look at margins, the outlook and whether the results beat expectations. When a share has already risen sharply, even good results can lead to profit-taking.

This article is for general information and is not investment advice. It does not recommend buying or selling any share.

Source: Sources: HDFC Sky and Business Standard market close reports; Kotak Neo market wrap (12 November 2026).

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