Over 240 companies, including Oil and Natural Gas Corporation (ONGC), Bajaj Finance, and Vodafone Idea, are set to announce their quarterly earnings on Monday, November 10, as per the BSE schedule.
Ajit Mishra, SVP–Research at Religare Broking, noted that markets could remain volatile in the short term due to global uncertainties and a heavy flow of economic and earnings data. He added that while foreign institutional investor (FII) outflows and uneven earnings may weigh on sentiment, strong domestic indicators and resilient corporate results could lend support.
For ONGC, Motilal Oswal Financial Services expects oil and gas sales volumes to stay largely unchanged on a quarterly and yearly basis, with oil realizations declining sharply year-on-year but stable sequentially.
In the telecom sector, overall wireless revenue and EBITDA for private players are expected to grow 2% sequentially in Q2 FY26. Vodafone Idea’s revenue is likely to rise about 1% quarter-on-quarter, aided by an extra day in the quarter, while its subscriber base could drop by one million. ARPU is estimated to edge up 1% to ₹166.
Other companies announcing results include Solar Industries, Jindal Stainless, KPIT Technologies, Gujarat Gas, Emami, KEC International, and Triveni Turbine.