EARNINGS ALERT: Reliance, Vodafone Idea, ONGC & PSU Giants Reveal Q2 Secrets This Week – Huge Market Moves Expected!

The corporate earnings season for the second quarter of FY26 is drawing to a close, with several prominent companies scheduled to release their financial results this week. Key among them are Vodafone Idea, Oil and Natural Gas Corporation (ONGC), Bharat Forge, and multiple entities from the Bajaj Group, including Bajaj Finance and Bajaj Finserv.

Furthermore, companies associated with Anil Ambani, such as Reliance Power, Reliance Infrastructure, and Reliance Communications, will remain under scrutiny due to ongoing investigations by the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) concerning money laundering allegations. Banks have also classified loans of Reliance Communications and its former promoter as "fraud".

Public Sector Undertaking (PSU) giants like Hindustan Aeronautics (HAL), Cochin Shipyard, and Indian Railway Catering and Tourism Corporation (IRCTC) are also set to announce their quarterly performance, which will be closely watched by the market.

Impact: This week's earnings reports and regulatory updates are expected to significantly influence the stock prices of the companies involved, as well as broader market sentiment. The outcomes of the investigations and the AGR dues case for Vodafone Idea could lead to substantial volatility. Rating: 8/10

Definitions: - Q2FY26: Second quarter of the financial year 2025-2026, typically covering July to September 2025. - PSU giants: Large companies that are majority-owned by the government. - AGR dues: Adjusted Gross Revenue dues, which are license fees and spectrum usage charges that telecom companies pay to the government. - Enforcement Directorate (ED): A law enforcement agency in India responsible for enforcing economic laws and fighting economic crime, including money laundering. - Central Bureau of Investigation (CBI): India's primary investigative agency responsible for probing corruption, economic offenses, and other serious crimes. - Money-laundering case: A legal investigation into the process of making illegally-obtained funds appear to be legitimate. - Insolvency resolution process: A legal framework designed to help companies that are unable to repay their debts to restructure and potentially revive their business.