Major Indian Companies like ITC and Dabur Report Q2 Earnings; Technical Outlooks Revealed

On Thursday, October 30, a significant number of 89 companies, including prominent names like ITC Limited and Dabur India Limited, announced their financial results for the second quarter (Q2) ending September 2025. ITC Limited reported a consolidated net profit of ₹5,126.11 crore, marking a 2.7% year-on-year (YoY) increase, though its total income saw a slight dip of 1.3% to ₹21,255.86 crore. Dabur India Limited posted a healthier 6.5% growth in net profit, reaching ₹444.79 crore, supported by a 5.4% YoY rise in revenue from operations to ₹3,191.32 crore. Several other key companies, including Swiggy, Adani Power Limited, Bandhan Bank Limited, Hyundai Motor India Limited, and NTPC Limited, also disclosed their Q2 earnings.

Following these results, a technical analysis provides insights into potential stock movements:

* **ITC Limited:** Currently trading at ₹420, it has a potential target of ₹464, indicating an upside of 10.5%. Key support levels are at ₹412 and ₹409, with resistance at ₹425 and ₹436. The stock has shown strength by trading above its 200-Day Moving Average (200-DMA). * **Adani Power Limited:** Trading at ₹159, with a target of ₹200 (25.8% upside). Support is seen at ₹158, and resistance at ₹163 and ₹178. * **NTPC Limited:** Priced at ₹339, a target of ₹370 (9.1% upside) is suggested, with interim resistance at ₹360 and support at ₹336 and ₹332. * **Swiggy:** (Note: Swiggy is not publicly listed on NSE/BSE and therefore its stock performance cannot be analyzed in this context). * **Hyundai Motor India Limited:** At ₹2,421, it has a target of ₹2,650 (9.5% upside). It requires breaking ₹2,457 resistance, with support around ₹2,355 and ₹2,300. * **Dabur India Limited:** Trading at ₹494, with a potential target of ₹580 (17.4% upside). It needs to cross resistance at ₹516 and ₹527, with support at ₹486 and ₹480. * **Bandhan Bank Limited:** Currently at ₹163, it shows a downside risk with a potential target of ₹147. It faces support around ₹160 and ₹153, and resistance at ₹167 and ₹170.

**Impact** This news is significant for investors as Q2 earnings are crucial indicators of a company's financial health and future prospects. The technical outlooks provided can guide investment decisions by suggesting potential price movements and risk levels. The overall impact on the Indian stock market can be moderate to high, depending on the performance of these large-cap companies and the broader market sentiment. Rating: 7/10.

**Difficult Terms Explained** * **Q2:** Second quarter of the financial year. * **FMCG:** Fast-Moving Consumer Goods – products that are sold quickly and at a relatively low cost. * **Consolidated Net Profit:** The total profit of a company and all its subsidiaries after deducting all expenses and taxes. * **Year-on-Year (YoY):** A comparison of financial data from one period with the same period in the previous year. * **Revenue from Operations:** The income generated from the company's primary business activities. * **Technical Outlook:** An analysis of a stock's price movements and trading volumes to predict future price trends. * **Current Price:** The current market price at which a stock is trading. * **Likely Target:** The projected future price of a stock based on technical analysis. * **Upside Potential:** The percentage increase expected in a stock's price from its current level to its target price. * **Downside Risk:** The potential percentage decrease expected in a stock's price. * **Support:** A price level where a stock's price tends to stop falling. * **Resistance:** A price level where a stock's price tends to stop rising. * **200-Day Moving Average (200-DMA):** The average closing price of a stock over the last 200 trading days, used as a long-term trend indicator. * **20-DMA:** The average closing price of a stock over the last 20 trading days, used as a short-term trend indicator. * **Trend Line Support:** A support level identified by drawing a line connecting a series of lower price points. * **Break and Trade Above:** For a stock to surpass a resistance level and then continue trading at a higher price. * **Rally:** A sustained increase in stock prices. * **Breakout:** When a stock's price moves significantly above a resistance level or below a support level. * **Bias:** The general direction or inclination of the stock's price movement. * **Cautiously Optimistic:** A positive outlook with awareness of potential risks. * **Quotes Above:** When a stock's price is trading above a specified level. * **Base:** A price range where a stock's price consolidates before moving higher. * **Breakout Above:** Moving and sustaining the price above a resistance level. * **Testing Support:** When a stock's price falls to a support level and shows signs of bouncing back. * **Broader Trend:** The overall direction of the stock's price movement over a longer period. * **100-Week Moving Average (100-WMA):** The average closing price of a stock over the last 100 weeks, used as a long-term trend indicator.