Stocks in Focus

– Reports a weak quarter as GST transition impacts performance. EBITDA down 16.7% YoY, signalling near-term pressure on margins. Indian Oil Corporation (IOC) – Strong operational performance with GRMs at $10.7/bbl, significantly above street estimate of $6.5/bbl. – Delivers a strong beat with EBITDA margin expansion of 520 bps, indicating operating leverage kicking in. Dilip Buildcon – Declared L1 bidder for a key Tamil Nadu infra project worth ₹879 Cr, boosting order book visibility. Sai Silk – Strong quarter with EBITDA up 30.1%; margins improve to 16.2% vs 15.9% YoY. Canara Robeco AMC – Faces pressure with EBITDA down 17% QoQ and margin contraction of 440 bps, indicating rising cost headwinds.