Indian markets are likely to see stock-specific action today amid earnings announcements, order wins, fundraising activity, block deals, and corporate developments across sectors including defence, energy, renewables, logistics, hospitality, and infrastructure.
Here are the key stocks to watch today:
BEL
Bharat Electronics Ltd (BEL) has received an order worth ₹608 crore, providing further visibility to its already strong defence order pipeline.
JSW Energy
JSW Energy raised ₹4,000 crore through a qualified institutional placement (QIP) at ₹525 per share. SBI Mutual Fund and GQG Partners emerged among the key allottees.
Aditya Birla Fashion & Retail
Aditya Birla Fashion reported its highest organic growth in the last 12 quarters, with revenue rising 16% year-on-year.
Suprajit Engineering
Suprajit Engineering posted strong operational performance with EBITDA rising 38.6% YoY, while EBITDA margin improved to 11.6% from 9.9% a year ago.
In another update, the company also reported EBITDA growth of 32.4% with margin at 11.5%.
NLC India
NLC India signed an MoU with NPCIL for the development of nuclear power projects through a joint venture company.
Amara Raja Energy & Mobility
Amara Raja reported strong Q4 performance, supported by healthy OEM volumes.
Hitachi Energy India
Hitachi Energy posted a strong Q4 beat across parameters, with EBITDA surging 63% year-on-year amid robust order execution and operational efficiency.
Pine Labs
Pine Labs reported a 17% rise in revenue, while adjusted EBITDA increased 73% year-on-year.
Premier Energies
Premier Energies remained in focus after promoter group entities sold 2.4 crore shares through a block deal. Several institutional investors and mutual funds participated as buyers.
Man Industries
Man Industries reported EBITDA growth of 4.5%, while margin improved to 12.1% from 11% in the year-ago period.
Travel Food Services
Travel Food Services posted net contract gains of 17.3% YoY, while EBITDA rose 38.4% year-on-year.
Lemon Tree Hotels
Lemon Tree Hotels signed a new property in Kumbakonam, Tamil Nadu, strengthening its hospitality footprint.
Stove Kraft
Stove Kraft’s board approved a 50:50 joint venture in China for manufacturing triply sheets used in cookware production.
LG Electronics
LG Electronics is set to receive additional incentives worth ₹176 crore from the Maharashtra government.
Brigade Enterprises
Brigade signed a joint development agreement (JDA) for a premium residential project in Hyderabad with an estimated revenue potential of ₹850 crore.
TVS Supply Chain Solutions
TVS Supply reported EBITDA growth of 29%, while margin improved to 7.2% from 6.8% YoY.
Chemplast Sanmar
Chemplast Sanmar reported significant margin improvement, with EBITDA margin rising to 15.6% from 3.2% a year ago. Revenue increased 9% YoY.
Solar stocks
Solar-related stocks may remain in focus after reports indicated there would be no blanket extension of the ALMM List-II for solar PV cells beyond June 1.
Pace Digitek
Pace Digitek posted strong operational growth, with EBITDA rising to ₹163 crore from ₹76 crore, while margin improved to 14.9% from 11% YoY.
Insolation Energy
Insolation Energy reported EBITDA growth of 93%, though margin slightly moderated to 14% from 14.5% YoY.
Stocks under pressure
RVNL
Rail Vikas Nigam Ltd (RVNL) reported a sharp 60% decline in profit, while EBITDA margin narrowed to 4% from 6.7% in the year-ago period.
CONCOR
Container Corporation of India (CONCOR) reported a 3% decline in EBITDA, while net profit fell 10% year-on-year.
Disclaimer:
This article is for informational purposes only and should not be construed as investment advice.