Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCON
HCL Technologies moved higher in a quarterly results development.
· Economic Times Markets, ET Stocks, LiveMint Markets, Business Standard Mkts
Indian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, consistent outflows from foreign institutional investors, and pervasive global concerns. Attention now shifts to forthcoming announcements from major players like HCL Technologies and RBL Bank, with quarterly earnings expected to influence investor outlook.
The analysis
Against that, the stock is +1.7% on the day at ₹1,428.10, and has returned +5.6% over three months. It sits 17% below its 52-week high. The it sector has moved -3.1% over the same period, so HCL Technologies is running 8.7 points ahead of its peers.
For HCL Technologies, 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.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 2 of 3 are higher: Power Grid leads at +1.9% and RBL Bank trails at -2.7%.
- Over three months: HCL Technologies +5.6% against IT -3.1% (8.7 points ahead); RBL Bank -7.2% against Banks -6.0% (1.2 points behind); Power Grid -7.2% against Power -13.2% (5.9 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| HCL TechnologiesHCLTECH · IT | ₹1,428.10 | +1.7% | +16.1% | +5.6% | -17.4% | 0.9× | — |
| RBL BankRBLBANK · Banks | ₹351.00 | -2.7% | -13.0% | -7.2% | -18.0% | 0.4× | — |
| Power GridPOWERGRID · Power | ₹265.00 | +1.9% | +1.7% | -7.3% | -17.4% | 1.5× | — |
IT
1M +5.2% · 3M -3.1%
HCL Technologies
Banks
1M -3.4% · 3M -6.0%
RBL Bank
Power
1M -6.9% · 3M -13.2%
Power Grid
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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