Stocks to Watch for May 18: Vodafone Idea, REC, PFC, RBL Bank, Tata Steel, Coal India and more

Tata Steel | The company reported a net profit of ₹2,965 crore compared to a CNBC-TV18 poll of ₹2,751 crore. Revenue, EBITDA and margins were also in-line with expectations. The company reported an exceptional loss of ₹340 crore. The board approved an acquisition of another 23% stake in TM International Logistics for ₹335 crore. Netherlands arm paid penalties of €20 million in FY26.

RBL Bank | Emirates NBD gets government of India’s approval to raise stake above 49% up to 74%. The approval also covers proposed amalgamation of Emirates NBD’s India operations in to the bank. Proposed preferential equity investment remains subject to completion of customary conditions precedent. RBI had granted approval to the transaction in March.

Coal India | The country’s largest coal producer said the Department of Investment and Public Asset Management (DIPAM) has approved the proposal for the listing of Mahanadi Coalfields Ltd (MCL) through a combination of fresh equity issuance (IPO) and disinvestment by Coal India through an offer for sale (OFS). Coal India can offload up to 25% stake in Mahanadi Coalfields through its IPO. MCL can also raise funds in tranches via a fresh issue, FPO or a QIP.

SAIL | State-owned Steel Authority of India Ltd on Friday (May 15) reported a 46.7% year-on-year rise in consolidated net profit for the fourth quarter to ₹1,836 crore versus ₹1,251 crore in the same period last year. The figure was higher than the CNBC-TV18 poll estimate of ₹1,610.8 crore.

Cochin Shipyard | The company reported a mixed set of earnings for the March quarter on May 15, with revenue and net profit declining year-on-year, although margins improved sharply on the back of stronger operating performance.

Power Grid Corporation of India | The firm on Friday, May 15, reported a 9.7% year-on-year rise in consolidated net profit for Q4FY26, at ₹4,546.3 crore, beating the CNBC-TV18 poll estimate of ₹4,451 crore. Net profit stood at ₹4,143 crore in the corresponding quarter last year.

Godfrey Phillips India | Cigarette maker on Friday reported an 86.7% year-on-year rise in consolidated net profit for the fourth quarter to ₹521.4 crore from ₹279.3 crore in the same period last year.

Godrej Industries | The firm reported a sharp year-on-year jump in consolidated net profit for the fourth quarter at ₹444 crore, up 142.6% from ₹183 crore in the same period last year.

Premier Energies | The firm reported a 64.4% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹456.8 crore compared with ₹277.8 crore in the year-ago period, driven by strong growth in revenue.

NCC | Infrastructure company NCC Ltd reported an 18.8% year-on-year decline in consolidated net profit for the fourth quarter to ₹206 crore from ₹253.8 crore in the same period last year.

Bajaj Electricals | The firm reported a consolidated net loss of ₹67.5 crore for the fourth quarter of FY26, compared with a profit of ₹59.1 crore a year earlier. Weaker operating performance and a sharp swing in exceptional items impacted the figure.

Pace Digitek | Telecom passive infrastructure solutions provider, said it has received a contract worth ₹709.9 crore, including GST, from NLC India Renewables Ltd for a Battery Energy Storage System (BESS) project in Tamil Nadu. The contract covers design, engineering, supply excluding power transformers, manufacturing, forwarding, unloading, storage at site, erection, testing and commissioning on a turnkey basis for a cumulative capacity of 250MW/500MWh BESS projects at Ottapidaram SS, Annupankulam SS and Kayathar SS in Tamil Nadu.

UNO Minda | Auto components maker reported a 22.4% year-on-year rise in net profit for the fourth quarter at ₹325.8 crore, compared with ₹266.2 crore in the corresponding quarter last year. Revenue for the quarter increased 17.8% year-on-year to ₹5,336.4 crore from ₹4,528.3 crore. EBITDA rose 14.5% to ₹602.8 crore from ₹526.7 crore in the year-ago period. EBITDA margin stood at 11.3% versus 11.6% in the corresponding quarter last year.

Delhivery | Logistics firm reported a marginal 0.2% year-on-year decline in net profit for the fourth quarter at ₹72.4 crore, compared with ₹72.6 crore in the corresponding quarter last year. PAT before Ecom integration costs and exceptional items stood at ₹87 crore. Revenue for the quarter increased 30% year-on-year to ₹2,850 crore from ₹2,191.6 crore a year earlier.

Latent View Analytics | Digital analytics consulting and solutions provider reported a 1% year-on-year decline in net profit for the fourth quarter at ₹52.8 crore, compared with ₹53.5 crore in the corresponding quarter last year. Revenue for the quarter increased 24% year-on-year to ₹288.6 crore from ₹232.2 crore a year ago. EBITDA rose 23% to ₹67.5 crore during the quarter, compared with ₹54.9 crore in the year-ago period. EBITDA margin stood at 23.4% for the quarter, compared with 23.7% in the corresponding period last year.

Hind Rectifiers | Power and railway equipment producer reported a 55% year-on-year decline in net profit for the fourth quarter at ₹4.51 crore, compared with ₹9.99 crore in the corresponding quarter last year. Revenue for the quarter increased 51% year-on-year to ₹279.8 crore from ₹185.1 crore a year earlier. EBITDA fell 58% to ₹8.42 crore during the quarter, compared with ₹19.9 crore in the year-ago period. EBITDA margin stood at 3.0% for the quarter, compared with 10.8% in the corresponding quarter last year.

Emcure Pharma | Pune-based drug firm said the United States Food and Drug Administration (US FDA) conducted a current Good Manufacturing Practices (cGMP) inspection at its formulations facility in Sanand, Ahmedabad, Gujarat, from May 6 to May 15, 2026. At the conclusion of the inspection, the company received a Form 483 with seven observations. The company said the observations are procedural in nature.