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Stocks to Watch for October 6: Axis Bank, Vedanta, Trent and More
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CNBC TV18•05-10-2026, 22:36
Stocks to Watch for October 6: Axis Bank, Vedanta, Trent and More
- •Axis Bank reported an 8.8 percent QoQ and 22.7 percent YoY increase in gross advances to Rs 13.84 lakh crore in the second quarter.
- •Vedanta announced its board will meet on October 8 to consider the first interim dividend for FY 2026-27.
- •Kotak Mahindra Bank posted a 24.7 percent YoY increase in net advances, reaching Rs 5.77 lakh crore at the end of Q2.
- •Trent recorded a 23 percent YoY rise in standalone revenue to Rs 5,788 crore and expanded its total store count to 1,342.
- •Marico acquired an additional 24.09 percent stake in Satiya Nutraceuticals for Rs 1,012.03 crore, raising its total holding to 84.09 percent.
Key Questions Answered
Axis Bank reported an 8.8% quarter-on-quarter and 22.7% year-on-year increase in gross advances to reach ₹13.84 lakh crore for the second quarter. Additionally, its total deposits grew by 5.8% QoQ and 20.7% YoY to stand at ₹14.52 lakh crore.
Vedanta's board is scheduled to meet on October 8 to consider the first interim dividend for the 2026-27 financial year. The company has designated October 14 as the record date to determine eligible shareholders for this dividend.
Trent posted a 23% year-on-year rise in Q2 standalone revenue, reaching ₹5,788 crore compared to ₹4,724 crore previously. During the quarter, the retailer added 10 Westside and 17 Zudio stores, bringing its total store count to 1,342 by September 30, 2026.
