Stocks in the news: RIL, Axis Bank, ITC, Coforge, TCPL, Canara Bank and ColPal

Nifty futures on the Singapore Exchange traded 12.5 points, or 0.07 per cent higher at 17,532.5, signaling that Dalal Street was headed for a positive start on Friday. Here are a dozen stocks which may buzz the most in today's trade:

RIL, HUL, Bajaj Finserv: Reliance Industries, Hindustan Unilevel, Bajaj Finserv, JSW Steel, SBI Life Insurance Company, Hindustan Zinc, HDFC Life Insurance Company, Ambuja Cements, DLF, United Spirits, Torrent Pharmaceuticals, IDBI Bank, Lauras Labs and Vodafone Idea are among the companies that will announce their results for September 2022 quarter today.

ITC: The FMCG major reported a 24.08 per cent increase in consolidated net profit at Rs 4,670.32 crore in the second quarter of FY23, led by a strong performance across segments including cigarettes and agri business. The company had posted a net profit of Rs 3,763.73 crore during the July-September quarter of the previous fiscal.

Axis Bank: The third largest private lender reported a 66.29 per cent jump in its consolidated net profit for September quarter at Rs 5,625.25 crore, driven by a substantial decrease in bad loan provisions and margin expansion. On a standalone basis, It reported a 70 per cent increase in its profit after tax for the July-September period at Rs 5,329.77 crore.

Bajaj Finance: The leading NBFC reported an 88 per cent jump in its consolidated net profit at Rs 2,781 crore for the quarter ended September 2022. It had posted a net profit of Rs 1,481 crore in the same period of the previous fiscal.

Asian Paints: The largest paint maker announced Rs 2,100 crore of phased investment to set up a new plant to produce vinyl acetate ethylene emulsion and vinyl acetate monomer in the country. The company also announced another Rs 550 crore of investment to set up a white cement plant in the UAE in partnership with two local firms there.

Tata Consumer Products: The Tata Groups beverage firm Thursday reported a 36.25 per cent rise in consolidated net profit at Rs 389.43 crore for the second quarter ended September 30, 2022, led by strong growth in the domestic market. The company had posted a net profit of Rs 285.80 crore for the July-September period a year ago.

Coforge: The IT company reported about 37 per cent increase in consolidated profit after tax to Rs 201.1 crore in the second quarter ended September 30, 2022. The company had recorded profit after tax of Rs 146.7 crore in the same period a year ago.

Shriram Transport Finance Company: The leading commercial vehicle NBFC reported an over 38 per cent rise in its net profit at Rs 1,066.87 crore in the quarter ended September 2022. The non-banking finance company had witnessed a net profit of Rs 771.24 crore in the year-ago quarter ended September 2021.

Colgate-Palmolive India: The FMCG major reported a 3.28 per cent rise in net profit at Rs 278.02 crore for the second quarter ended on September 30, 2022, helped by improved sales momentum. The company had posted a net profit of Rs 269.17 crore in the July-September period a year ago.

Granules India: The drug firm said its consolidated net profit increased by 79 per cent to Rs 145 crore for the second quarter ended September 2022, aided by robust sales across segments. The Hyderabad-based company had reported a net profit of Rs 81 crore in the July-September period of the previous fiscal.

Canara Bank: The state-owned lender reported an 89 per cent increase in its net profit to Rs 2,525 crore for the quarter ended September on the back of robust growth in net interest income and decline in bad loans. The lender had posted a net profit of Rs 1,333 crore in the same period of the previous fiscal.

Indian Energy Exchange: The energy bourse reported nearly 7 per cent fall in its consolidated net profit at Rs 71.20 crore in September quarter compared to a year ago. The consolidated net profit was Rs 77.38 crore in the quarter ended on September 30, 2021.

ICICI Securities: The brokerage firm reported a 14 per cent decline in profit after tax to Rs 300 crore in the three months ended September 2022 The company had posted a Profit After Tax (PAT) of Rs 351.2 crore in the same quarter preceding fiscal.

IndiaMART InterMESH: The B2B e-commerce firm reported a 17 per cent drop in consolidated net profit to Rs 68 crore for the quarter ended September. The company had posted a net profit of Rs 82 crore in the same period a year ago.

Dixon Technologies: The consumer electronics manufacturer reported 23.11 per cent rise in consolidated net profit at Rs 77.12 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 62.64 crore for July-September period a year ago.

L&T Finance Holdings: The NBFC firm reported an 81 per cent jump in net income at Rs 406 crore for the September quarter, helped by better asset quality and record high retail advances. The leading non-banking credit company said it logged the highest-ever quarterly retail disbursements in the September quarter.

Union Bank of India: The state-run lender reported an over 21 per cent annualised growth in net income at Rs 1,848 crore for the September quarter, driven by higher recoveries, improved asset quality and margin expansion.

Icra: The country's second largest rating agency reported a 52.5 per cent jump in net income at Rs 37.2 crore for the three months to September. The Moody's domestic associate said its consolidated revenue rose by 19.2 per cent to Rs 98.6 crore from Rs 82.7 crore in the year-ago period.

Central Bank of India: The public sector lender reported a 27 per cent jump in net profit at Rs 318 crore in the second quarter ended September, helped by a decline in bad loans. The lender had posted a net profit of Rs 250 crore during the same quarter of the previous fiscal.

Meghmani Finechem: The chemicals maker posted an almost two-fold jump in its consolidated net profit at Rs 91.56 crore for the second quarter of 2022-23 on robust income. The company had clocked a net profit of Rs 47 crore in the same quarter of the previous fiscal.

Ramco Systems: The global payroll software provider has partnered with Australia headquartered Wagestream to improve employee financial wellbeing by offering innovative technology solutions.

South Indian Bank: The private lender reported a net profit of Rs 223.10 crore for the quarter ended September 2022 as provisions for bad loans came down significantly. The lender had posted a net loss of Rs 187.06 crore in the same quarter a year ago.

Gujarat Industries Power: The state government run PSU player's standalone net profit halved to Rs 26.63 crore during the quarter ended September 30, mainly on account of reduced income. It had clocked a net profit of Rs 53.36 crore in the July-September period of 2021-22.