Oct. 29 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to the close from Oct. 26. The preview includes news that broke after markets shut. Stock symbols are in brackets after company names.

The Bombay Stock Exchange's Sensitive Index, or Sensex, rose 2.5 percent to 19,243.17. The S&P/CNX Nifty Index on the National Stock Exchange gained 2.4 percent to 5,702.30. Nifty futures for November delivery added 3.2 percent to 5,712.45.

Overseas funds purchased a net 2.13 billion rupees ($52.8 million) of Indian shares on Oct. 25, according to the latest figures from the Securities & Exchange Board of India's Web site.

Bharat Earth Movers Ltd. (BEML IN): The Indian maker of excavators and railway coaches said second-quarter profit fell 33 percent to 243.2 million rupees from 365.7 million. Bharat Earth gained 112.2 rupees, or 7.5 percent, to 1612.

Bharat Heavy Electricals Ltd. (BHEL IN): India's biggest power-equipment maker may say today profit in the three months ended Sept. 30 climbed 28 percent to 4.6 billion rupees, according to the median estimate of analysts surveyed by Bloomberg News. Bharat Heavy jumped 142.45 rupees, or 6.2 percent, to 2,431.75.

Colgate-Palmolive (India) Ltd. (CLGT IN): The local unit of the world's biggest toothpaste maker said second-quarter profit more than doubled to 547.4 million rupees in the three months ended Sept. 30. Colgate rose 2.2 rupees, or 0.6 percent, to 385.95.

Dr. Reddy's Laboratories Ltd. (DRRD IN): India's biggest drugmaker cannot sell a generic copy of two patents of the antibiotic Avelox of Bayer AG, Germany's biggest drug maker until at least 2014, according to a judgment from U.S. District Court, District of Delaware. Dr. Reddy's fell 2.65 rupees, or 0.4 percent to 611.95.

Grasim Industries Ltd. (GRASIM IN): India's third-biggest cement maker said second-quarter profit rose 48 percent, helped by higher fiber prices to 5 billion rupees in the three months ended Sept. 30. Analysts surveyed by Bloomberg News had a median profit estimate of 4.93 billion rupees. Grasim gained 66.75 rupees, or 1.8 percent to 3772.60.

Housing Development Finance Corp. (HDFC IN): India's largest mortgage lender may say today profit in the three months ended Sept. 30 climbed 24 percent to 4.56 billion rupees, according to the median estimate of analysts surveyed by Bloomberg News. The shares climbed 41.1 rupees, or 1.6 percent, to 2,566.

Indian Hotels Co. (IH IN): The nation's biggest provider of rooms and the owner of the Taj chain of properties said fiscal second-quarter profit rose 16 percent to 532.4 million rupees. Indian Hotels gained 0.2 rupees or 0.1 percent to 141.85.

Maruti Suzuki India Ltd. (MSIL IN): The nation's biggest carmaker may say today profit in the three months ended Sept. 30 climbed 25 percent to 4.59 billion rupees, according to the median estimate of analysts surveyed by Bloomberg News. Maruti climbed 22.15 rupees, or 1.9 percent, to 1,181.25.

Mahindra & Mahindra Ltd. (MM IN): India's biggest sport- utility vehicle maker may say today profit in the three months ended Sept. 30 declined 37 percent to 2.43 billion rupees, according to the median estimate of analysts surveyed by Bloomberg News. Mahindra climbed 29.2 rupees, or 3.8 percent, to 801.70.

NTPC Ltd. (NATP IN): India's biggest power producer posted a 31 percent gain in the quarter ended September to 19.3 billion rupees, beating the 15.8 billion rupees median estimate of analysts surveyed by Bloomberg News. NTPC gained 5.6 rupees, or 2.5 percent to 228.75.

State Bank of India (SBIN IN): The nation's biggest bank by assets said second-quarter profit rose 36 percent to 16.1 billion rupees in the three months ended Sept. 30, beating the 14 billion- rupee median estimate of analysts surveyed by Bloomberg News. State Bank rose 139.4 rupees or 7.2 percent to 2,083.95.

To contact the reporter on this story: Sumit Sharma in Mumbai at sumitsharma@bloomberg.net Pooja Thakur in Mumbai at pthakur@bloomberg.net.

Last Updated: October 28, 2007 23:27 EDT