{"id":322764,"date":"2026-10-22T10:38:23","date_gmt":"2026-10-22T05:08:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=322764"},"modified":"2026-10-22T10:38:23","modified_gmt":"2026-10-22T05:08:23","slug":"top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/","title":{"rendered":"Top Stocks to Watch Today: Eternal, Adani Green, BEL, GMDC, KEI Industries and More on 22 Oct 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Stocks to watch today, Thursday 22 Oct 2026: Eternal (Rs 311.05), Adani Green Energy (Rs 1,239.90, down 1.48%), Bharat Electronics (Rs 365, down 1.67%), Gujarat Mineral Development Corporation (Rs 439.70), KEI Industries (Rs 3,810.70, down 9.92%), M&#038;M Financial Services (Rs 281.75, down 5.28%) and Indian Hotels (Rs 772.85, up 2.64%) are in focus after Q2 results and order news. Prices are from about 10:10 am IST. One source prints Eternal&#8217;s Q2 profit as Rs 1,250 crore, but the numbers fit Rs 125 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Stocks to watch today are Eternal, Adani Green Energy, Bharat Electronics, GMDC, KEI Industries, M&#038;M Financial Services and Indian Hotels, all moving on Q2 results, an Army radar order or a dividend payment. Eternal reported a 92.3% rise in profit to Rs 125 crore but missed street expectations, and Adani Green&#8217;s profit rose 15.4% to Rs 673 crore. KEI Industries fell 9.92% and M&#038;M Financial Services fell 5.28% even with higher profit, so strong headline growth did not protect either share. This is a news list and not a recommendation, so check each company&#8217;s filing before acting.<\/p>\n<\/p><\/div>\n<p>Stocks to watch today are led by the Q2 results season, with Eternal, Adani Green Energy, KEI Industries, M&#038;M Financial Services and Indian Hotels reporting on 21 Oct, plus an Army radar order for Bharat Electronics and a large dividend payment by GMDC. The Nifty is down about 0.78% in early trade, so the list is being read in a weak market.<\/p>\n<p>This article on stocks to watch today gives the trigger, the key numbers and the price reaction for each name, and flags where sources disagree. I could not find a specific trigger for Reliance Industries beyond its price move, so I keep it as a mention only. It is educational and not advice to buy or sell.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Stocks_to_Watch_Today_Snapshot_Table\" title=\"Stocks to Watch Today: Snapshot Table\">Stocks to Watch Today: Snapshot Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Eternal_Stocks_to_Watch_Today_After_a_Q2_Miss\" title=\"Eternal: Stocks to Watch Today After a Q2 Miss\">Eternal: Stocks to Watch Today After a Q2 Miss<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Adani_Green_Energy_Stocks_to_Watch_Today_on_Higher_Debt\" title=\"Adani Green Energy: Stocks to Watch Today on Higher Debt\">Adani Green Energy: Stocks to Watch Today on Higher Debt<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#BEL_GMDC_and_Defence_and_Mining_Stocks_to_Watch_Today\" title=\"BEL, GMDC and Defence and Mining Stocks to Watch Today\">BEL, GMDC and Defence and Mining Stocks to Watch Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#KEI_Industries_M_M_Financial_and_Indian_Hotels_Stocks_to_Watch_Today\" title=\"KEI Industries, M&#038;M Financial and Indian Hotels: Stocks to Watch Today\">KEI Industries, M&#038;M Financial and Indian Hotels: Stocks to Watch Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Stocks_to_Watch_Today_Market_Backdrop\" title=\"Stocks to Watch Today: Market Backdrop\">Stocks to Watch Today: Market Backdrop<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#What_to_Watch_Next_for_Stocks_to_Watch_Today\" title=\"What to Watch Next for Stocks to Watch Today\">What to Watch Next for Stocks to Watch Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Which_stocks_to_watch_today_22_Oct_2026\" title=\"Which stocks to watch today, 22 Oct 2026?\">Which stocks to watch today, 22 Oct 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Why_did_Eternal_shares_fall_after_profit_nearly_doubled\" title=\"Why did Eternal shares fall after profit nearly doubled?\">Why did Eternal shares fall after profit nearly doubled?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#What_did_Adani_Green_report_in_Q2_FY27\" title=\"What did Adani Green report in Q2 FY27?\">What did Adani Green report in Q2 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#What_is_the_BEL_order_among_stocks_to_watch_today\" title=\"What is the BEL order among stocks to watch today?\">What is the BEL order among stocks to watch today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Why_did_KEI_Industries_fall_almost_10\" title=\"Why did KEI Industries fall almost 10%?\">Why did KEI Industries fall almost 10%?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Is_M_M_Financial_Services_among_stocks_to_watch_today\" title=\"Is M&#038;M Financial Services among stocks to watch today?\">Is M&#038;M Financial Services among stocks to watch today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Where_can_I_check_these_stocks_to_watch_today\" title=\"Where can I check these stocks to watch today?\">Where can I check these stocks to watch today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/top-stocks-to-watch-today-eternal-adani-green-bel-gmdc-kei-industries-m-and-m-financial-22-october-2026\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stocks_to_Watch_Today_Snapshot_Table\"><\/span><strong>Stocks to Watch Today: Snapshot Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stocks to watch today: stock<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Trigger<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">NSE price at about 10:10 am IST<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Eternal<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 profit Rs 125 crore, up 92.3%, below street expectations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 311.05<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Adani Green Energy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 net profit Rs 673 crore, up 15.4%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,239.90, down 1.48%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bharat Electronics (BEL)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 770 crore Army radar order<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 365.00, down 1.67%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gujarat Mineral Development Corporation (GMDC)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend cheque of Rs 223.55 crore to the Gujarat government<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 439.70<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">KEI Industries<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 profit after tax Rs 262.4 crore, up 29%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,810.70, down 9.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">M&#038;M Financial Services<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 profit Rs 882 crore, up 55%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 281.75, down 5.28%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Indian Hotels<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 profit Rs 380 crore, up 19.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 772.85, up 2.64%<\/td>\n<\/tr>\n<\/table>\n<p>Of the seven stocks to watch today, only Indian Hotels is higher in early trade, which tells me investors are rewarding clean beats and punishing anything below expectations or any margin slip (my reading). The Rajratan Global Wire profit of Rs 24.14 crore, up 17.5%, and a Rs 25 crore rights infusion by Pine Labs into a subsidiary are smaller items on the same news list.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track these stocks to watch today on the Univest screeners page<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Eternal_Stocks_to_Watch_Today_After_a_Q2_Miss\"><\/span><strong>Eternal: Stocks to Watch Today After a Q2 Miss<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stocks to watch today: Eternal Q2 FY27 measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported figure<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Consolidated profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 125 crore against Rs 65 crore, up 92.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 24,138 crore against Rs 13,590 crore, up 77.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Blinkit net order value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 20,940 crore, up 79.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Blinkit stores<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">308 added, 2,751 in total<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Blinkit adjusted EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 184 crore against a loss of Rs 156 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Food delivery net order value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 11,445 crore, up 21.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overall adjusted EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 666 crore, up 197%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Share price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 305.65 on 21 Oct after a 4.5% fall; Rs 311.05 today<\/td>\n<\/tr>\n<\/table>\n<p>Among stocks to watch today, Eternal is the one where the headline and the reaction disagree, and the Eternal Q2 story is the clearest example. Profit nearly doubled and quick commerce turned profitable, yet the stock fell 4.5% on 21 Oct because the quarter came in below street expectations. The company also sold its going-out business to Zomato Entertainment through a slump sale. HDFC Sky prints profit as Rs 1,250 crore against Rs 650 crore, but the 92.3% growth rate fits Rs 125 crore against Rs 65 crore, so I treat the larger figure as a typo and flag it.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get alerts on stocks to watch today.<\/em><\/p>\n<p><strong>Risk:<\/strong> Eternal&#8217;s quick commerce growth needs heavy store expansion, so a slowdown in order growth or a rise in discounting could hurt margins.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adani_Green_Energy_Stocks_to_Watch_Today_on_Higher_Debt\"><\/span><strong>Adani Green Energy: Stocks to Watch Today on Higher Debt<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stocks to watch today: Adani Green Q2 FY27 measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported figure<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 673 crore against Rs 583 crore, up 15.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue from operations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,520 crore, up 39.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Power supply revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,019 crore, up 45%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,835 crore, up 51%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cash profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,951 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operational capacity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20,763 MW, up 24%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Battery storage<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">6,632 MWh<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net debt<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,02,973 crore against Rs 91,252 crore at March<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">H1 capital spending<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 17,160 crore<\/td>\n<\/tr>\n<\/table>\n<p>Adani Green is among the stocks to watch today because growth is strong but so is borrowing: net debt rose by about Rs 11,721 crore in six months (my calculation). The company states an EBITDA margin of 92%, but Rs 3,835 crore on power supply revenue of Rs 4,019 crore gives 95.4%, so the stated margin does not reconcile with the figures I have and may use a different revenue base. The stock fell about 3.6% on 21 Oct and was down another 1.48% today.<\/p>\n<p><strong>Risk:<\/strong> A capital-heavy build-out funded by debt makes the stock sensitive to interest rates and refinancing conditions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BEL_GMDC_and_Defence_and_Mining_Stocks_to_Watch_Today\"><\/span><strong>BEL, GMDC and Defence and Mining Stocks to Watch Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stocks to watch today: company<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">News<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What I could confirm<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bharat Electronics<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 770 crore order for LLLR-I radars for the Army<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">An earlier Rs 1,950 crore order came in March; price Rs 365.00, down 1.67%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">GMDC<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend cheque of Rs 223.55 crore handed to the Gujarat government<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price Rs 439.70; no per-share figure found in my sources<\/td>\n<\/tr>\n<\/table>\n<p>BEL has a steady flow of defence orders, so a Rs 770 crore order adds to the order book but is small against its overall size, which I could not verify from the sources I read. GMDC&#8217;s dividend payment is a state-owned transfer to the Gujarat government, its majority shareholder. Neither item changes my view of these stocks to watch today, and both are reported as news and not as recommendations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"KEI_Industries_M_M_Financial_and_Indian_Hotels_Stocks_to_Watch_Today\"><\/span><strong>KEI Industries, M&#038;M Financial and Indian Hotels: Stocks to Watch Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stocks to watch today: company<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27 result<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Price reaction<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">KEI Industries<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit after tax Rs 262.4 crore, up 29%; revenue Rs 3,776.4 crore, up 38.5%; order book Rs 5,185 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 9.92% at Rs 3,810.70<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">M&#038;M Financial Services<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit Rs 882 crore against Rs 569 crore, up 55%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 5.28% at Rs 281.75<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Indian Hotels<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit Rs 380 crore against Rs 318 crore, up 19.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 2.64% at Rs 772.85<\/td>\n<\/tr>\n<\/table>\n<p>KEI Industries is the clearest case among stocks to watch today of a good number meeting a bad reaction. Profit rose 29% but profit after tax margin slipped to 6.95% from 7.46% a year earlier (my calculation from the reported figures), and the market sold the stock by almost 10%. M&#038;M Financial&#8217;s profit grew 55% yet the shares fell 5.28%, and I could not find a reason in the sources. Indian Hotels grew profit 19.5% and rose, so the market is not simply selling everything that reports.<\/p>\n<p><strong>Risk:<\/strong> Large single-day falls after results can extend if brokerages cut targets, so follow-up reports matter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stocks_to_Watch_Today_Market_Backdrop\"><\/span><strong>Stocks to Watch Today: Market Backdrop<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Nifty traded at 22,632.85, down 0.78%, and the Sensex at 73,215.60, down 0.67%, at about 10:10 am IST, with India VIX at 16.14. Reliance Industries was at Rs 1,195.90, down 1.08%, with no company-specific trigger I could find. Among the stocks to watch today, results from Swiggy, HPCL and Adani Energy Solutions also arrive later on Thursday.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_Stocks_to_Watch_Today\"><\/span><strong>What to Watch Next for Stocks to Watch Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Brokerage notes on the Eternal Q2 result, KEI Industries and M&#038;M Financial after the results<\/li>\n<li>Whether Adani Green&#8217;s net debt keeps rising in the next quarter<\/li>\n<li>Q2 results from Swiggy, HPCL and Adani Energy Solutions on 22 Oct, which join the stocks to watch today<\/li>\n<li>Infosys and Shriram Finance results on 23 Oct<\/li>\n<li>Nifty support near 22,500 and resistance near 23,000<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stocks to watch today are driven by Q2 results and order news, and the early reaction shows that expectations matter more than growth rates. Eternal, Adani Green, KEI Industries and M&#038;M Financial all grew profit but fell, so read the filings and brokerage commentary before drawing conclusions. Size any position to your own risk.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_to_watch_today_22_Oct_2026\"><\/span><strong>Which stocks to watch today, 22 Oct 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eternal, Adani Green Energy, Bharat Electronics, GMDC, KEI Industries, M&#038;M Financial Services and Indian Hotels are in focus after Q2 results, a defence order and a dividend payment. Smaller items include Rajratan and Pine Labs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Eternal_shares_fall_after_profit_nearly_doubled\"><\/span><strong>Why did Eternal shares fall after profit nearly doubled?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eternal&#8217;s Q2 profit rose 92.3% to Rs 125 crore, but the result was below street expectations, and the stock fell 4.5% on 21 Oct. One source prints the profit as Rs 1,250 crore, which I treat as a typo.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_did_Adani_Green_report_in_Q2_FY27\"><\/span><strong>What did Adani Green report in Q2 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit was Rs 673 crore, up 15.4%, and revenue from operations was Rs 4,520 crore, up 39.1%. Net debt rose to Rs 1,02,973 crore from Rs 91,252 crore at March, which is the main concern.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_BEL_order_among_stocks_to_watch_today\"><\/span><strong>What is the BEL order among stocks to watch today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bharat Electronics received a Rs 770 crore order for LLLR-I radars for the Army. An earlier order of Rs 1,950 crore came in March. The stock was down 1.67% at Rs 365 in early trade.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_KEI_Industries_fall_almost_10\"><\/span><strong>Why did KEI Industries fall almost 10%?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Profit after tax rose 29% to Rs 262.4 crore, but the profit margin slipped to 6.95% from 7.46% by my calculation. The stock fell 9.92% to Rs 3,810.70. Brokerage commentary will clarify the reason.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_M_M_Financial_Services_among_stocks_to_watch_today\"><\/span><strong>Is M&#038;M Financial Services among stocks to watch today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Profit rose 55% to Rs 882 crore from Rs 569 crore, but the shares fell 5.28% to Rs 281.75. I could not find a stated reason for the fall in the sources I read.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_check_these_stocks_to_watch_today\"><\/span><strong>Where can I check these stocks to watch today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Read each company&#8217;s results filing on NSE and BSE, and check live prices on the exchange sites. Prices in this article are from about 10:10 am IST and will have changed since.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which stocks to watch today, 22 Oct 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Eternal, Adani Green Energy, Bharat Electronics, GMDC, KEI Industries, M&M Financial Services and Indian Hotels are in focus after Q2 results, a defence order and a dividend payment. Smaller items include Rajratan and Pine Labs.\"}},{\"@type\":\"Question\",\"name\":\"Why did Eternal shares fall after profit nearly doubled?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Eternal's Q2 profit rose 92.3% to Rs 125 crore, but the result was below street expectations, and the stock fell 4.5% on 21 Oct. One source prints the profit as Rs 1,250 crore, which I treat as a typo.\"}},{\"@type\":\"Question\",\"name\":\"What did Adani Green report in Q2 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Net profit was Rs 673 crore, up 15.4%, and revenue from operations was Rs 4,520 crore, up 39.1%. Net debt rose to Rs 1,02,973 crore from Rs 91,252 crore at March, which is the main concern.\"}},{\"@type\":\"Question\",\"name\":\"What is the BEL order among stocks to watch today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bharat Electronics received a Rs 770 crore order for LLLR-I radars for the Army. An earlier order of Rs 1,950 crore came in March. The stock was down 1.67% at Rs 365 in early trade.\"}},{\"@type\":\"Question\",\"name\":\"Why did KEI Industries fall almost 10%?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Profit after tax rose 29% to Rs 262.4 crore, but the profit margin slipped to 6.95% from 7.46% by my calculation. The stock fell 9.92% to Rs 3,810.70. Brokerage commentary will clarify the reason.\"}},{\"@type\":\"Question\",\"name\":\"Is M&M Financial Services among stocks to watch today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Profit rose 55% to Rs 882 crore from Rs 569 crore, but the shares fell 5.28% to Rs 281.75. I could not find a stated reason for the fall in the sources I read.\"}},{\"@type\":\"Question\",\"name\":\"Where can I check these stocks to watch today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Read each company's results filing on NSE and BSE, and check live prices on the exchange sites. Prices in this article are from about 10:10 am IST and will have changed since.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks to watch today, 22 Oct 2026: Eternal, Adani Green, BEL, GMDC, KEI Industries, M&#038;M Financial and Indian Hotels with Q2 numbers, prices and risks.<\/p>\n","protected":false},"author":38,"featured_media":322763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[13664,14514,13657,14515,14518,14516,14517,7038,14513,1212],"class_list":["post-322764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-adani-green-q2-results","tag-bel-order","tag-eternal-q2-results","tag-gmdc-dividend","tag-indian-hotels-q2","tag-kei-industries-share-price","tag-m-and-m-financial-q2","tag-q2-fy27-results","tag-stocks-to-watch-22-october-2026","tag-stocks-to-watch-today"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["322763"],"rank_math_title":["Stocks to Watch Today 22 Oct 2026: Eternal, Adani Green, BEL, KEI"],"rank_math_description":["Stocks to watch today, 22 Oct 2026: Eternal, Adani Green, BEL, GMDC, KEI Industries, M&amp;M Financial and Indian Hotels. 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