Q2 Results Live: Nestle Slips In Red Ahead Of Earnings; Tech Mahindra Rises 4%; HDFC AMC Also In Focus
Tech Mahindra made an announcement in a quarterly results development for Q2 FY27 with October 15 in focus.
· NDTV Profit
Q2 Results Live: Wipro, Tech Mahindra, Nestle India, Polycab India, HDFC AMC and Angel One are among 48 companies scheduled to announce their Q2 FY27 results today, October 15. Track the latest earnings announcements, financial performance and market reaction live on NDTV Profit.
Key facts
- Period
- Q2 FY27
- Dates in focus
- October 15
The analysis
Tech Mahindra reported movement of 4% for Q2 FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.2% on the day at ₹1,790.80, and has returned +7.3% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The it sector has moved -3.1% over the same period, so Tech Mahindra is running 10.4 points ahead of its peers.
For Tech Mahindra, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Fund flows and NAV moves show where domestic retail conviction is actually going, month after month.
Market context
- The 6 companies named span 5 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 4 of 6 are higher: Wipro leads at +4.3% and Angel One trails at -3.9%.
- Over three months: Tech Mahindra +7.3% against IT -3.1% (10.4 points ahead); HDFC Bank -8.1% against Banks -6.0% (2.1 points behind); Wipro +6.4% against IT -3.1% (9.5 points ahead); Nestle India -23.3% against FMCG -10.7% (12.6 points behind).
- At least 25% below the 52-week high: HDFC Bank (31%) and Wipro (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tech MahindraTECHM · IT | ₹1,790.80 | +1.2% | +17.5% | +7.3% | -2.4% | 0.7× | — |
| HDFC BankHDFCBANK · Banks | ₹692.80 | +1.4% | -2.2% | -8.1% | -31.4% | 0.7× | — |
| WiproWIPRO · IT | ₹198.31 | +4.3% | +25.1% | +6.4% | -27.3% | 1.3× | — |
| Nestle IndiaNESTLEIND · FMCG | ₹1,167.00 | -1.8% | -10.9% | -23.3% | -24.2% | 0.8× | — |
| Polycab IndiaPOLYCAB · Capital Goods & Engineering | ₹7,787.00 | +0.5% | -3.0% | -12.5% | -22.8% | 0.8× | — |
| Angel OneANGELONE · Capital Markets | ₹282.25 | -3.9% | +3.0% | -3.2% | -20.4% | 0.8× | — |
IT
1M +5.2% · 3M -3.1%
Tech Mahindra, Wipro
Banks
1M -3.4% · 3M -6.0%
HDFC Bank
FMCG
1M -4.9% · 3M -10.7%
Nestle India
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Polycab India
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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