Stocks to Watch Today, May 26: Indian stocks are likely to remain in focus on Tuesday amid a flurry of earnings announcements and corporate developments. Investors will track companies including Amara Raja Energy & Mobility, Hitachi Energy, Rail Vikas Nigam Limited and Wipro Limited after their latest quarterly updates, while deal activity, fresh order wins, fundraising and stake purchases in firms such as Anupam Rasayan India Limited and JSW Energy Limited may also drive stock-specific action.
Here’s the list of stocks to watch in today’s trading session:
Stocks to Watch Today
| Stocks in Focus | Why in focus |
| Amara Raja Energy & Mobility | Profit nearly doubles in Q4 |
| Hitachi Energy | Strong earnings driven by a revenue surge |
| Pine Labs | Swings to profit in the quarter |
| Rail Vikas Nigam Limited | Profit drops sharply despite revenue growth |
| Aditya Birla Fashion and Retail | Loss widens despite higher sales |
| Container Corporation of India | Margins under pressure in quarter |
| NLC India Limited | Partners with NPCIL for nuclear power projects |
| Anupam Rasayan India Limited | To acquire stake in Bliss GVS Pharma |
| Bharat Electronics Limited | Bags fresh orders worth Rs 608 crore |
| LG Electronics | Gets Rs 882 crore incentive package from Maharashtra |
| JSW Energy Limited | Raises Rs 4,000 crore via QIP |
| Wipro Limited | Announces upcoming share buyback offer |
| Global Health Limited | HDFC Mutual Fund buys stake |
Amara Raja Energy & Mobility
Profit nearly doubles in Q4
Amara Raja Energy & Mobility reported a sharp rise in quarterly earnings, with profit jumping 94.5 per cent year-on-year to Rs 314.3 crore, while revenue increased 15.5 per cent to Rs 3,535.8 crore.
Strong earnings driven by revenue surge
Hitachi Energy posted robust quarterly results, with profit surging 79.7 per cent to Rs 330.5 crore. Revenue climbed 46.2 per cent year-on-year to Rs 2,754 crore.
Swings to profit in the quarter
Pine Labs turned profitable in the quarter, reporting a profit of Rs 59.4 crore against a loss of Rs 28.9 crore a year ago, while revenue rose 17 per cent.
Profit drops sharply despite revenue growth
Rail Vikas Nigam reported a steep decline in quarterly profit, which fell 58.9 per cent to Rs 187.1 crore, even as revenue rose 4.2 per cent to Rs 6,695.9 crore.
Aditya Birla Fashion and Retail
Loss widens despite higher sales
Aditya Birla Fashion and Retail posted a wider quarterly loss of Rs 148.4 crore compared with Rs 16.9 crore a year earlier, while revenue rose 15.7 per cent.
Container Corporation of India
Margins under pressure in quarter
Container Corp reported weaker quarterly performance, with revenue slipping 1.1 per cent to Rs 2,263 crore, while EBITDA declined 3 per cent year-on-year to Rs 428 crore.
Partners with NPCIL for nuclear power projects
NLC India has signed an MoU with Nuclear Power Corporation of India Limited to form a joint venture for developing nuclear power projects across India.
Anupam Rasayan India Limited
To acquire stake in Bliss GVS Pharma
Anupam Rasayan will acquire up to 43.3 per cent stake in Bliss GVS Pharma Limited for Rs 1,369.5 crore and launch an open offer for an additional 26 per cent.
Bharat Electronics Limited
Bags fresh orders worth Rs 608 crore
Bharat Electronics said it has secured additional orders worth Rs 608 crore since its last disclosure on May 5, boosting its order pipeline further.
Gets Rs 882 crore incentive package from Maharashtra
LG Electronics is eligible to receive Rs 882 crore from the Maharashtra government through incentives, including SGST refunds and power subsidy under a revised package.
Raises Rs 4,000 crore via QIP
JSW Energy has closed its qualified institutions placement issue and raised Rs 4,000 crore at an issue price of Rs 525 per share.
Announces upcoming share buyback offer
Wipro has issued a public announcement related to its upcoming share buyback, outlining details for shareholders ahead of the offer launch.
HDFC Mutual Fund buys stake
HDFC Mutual Fund acquired 10 lakh shares in Global Health from Sunil Sachdeva for Rs 122.5 crore at Rs 1,225 per share.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
