Stocks to Watch for August 17: Reliance Industries, Eicher Motors, Cochin Shipyard, NMDC and more

Stocks to Watch for August 7: LIC, Crompton Greaves, Apollo Tyres and more


From Reliance Industries signalling a defence foray through its Rolls-Royce partnership for AMCA fighter jet engines to Zaggle reporting a 33% year-on…

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Reliance Industries | RIL and British aerospace major Rolls-Royce on Friday announced their strategic intent to jointly develop an indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme, marking a major push towards building sovereign aerospace propulsion capabilities in the country.

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Voltas Ltd | Leading manufacturer of residential air conditioners reported a 52.2% year-on-year increase in net profit to ₹214 crore for the first quarter, compared with ₹140 crore in the corresponding quarter last year. Revenue rose 18.7% year-on-year to ₹4,673.5 crore from ₹3,938.6 crore in the year-ago quarter.

(Photo Credit : https://www.patanjalifoods.com/)

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Patanjali Foods | The firm’s consolidated profit rose 86% year on year to ₹335.7 crore, compared with ₹180.4 crore a year earlier. Revenue from operations grew 29% to ₹11,337.5 crore, while EBITDA increased 69% to ₹543.3 crore.

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Kitex Garments Ltd | Kerala-based firm said it will raise up to ₹3,000 crore through a qualified institutional placement (QIP), with the board approving the fundraising proposal on Friday, August 14.

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NMDC | State-run iron ore producer NMDC reported a 2% year-on-year increase in standalone net profit to ₹2,007 crore for the quarter ended June 2026, compared with ₹1,969 crore in the year-ago period. It was also well above the CNBC-TV18 poll estimate of ₹1,989 crore.

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Cochin Shipyard | Company’s consolidated net profit fell 27.7% year on year to ₹135.8 crore, compared with ₹187.9 crore in the corresponding quarter last year. Revenue from operations also declined 6.9% to ₹910 crore, from ₹977 crore a year earlier.

schneider electric

(Photo Credit : Reuters)

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Schneider Electric Infrastructure | The Indian arm of French energy technology major Schneider Electric reported a 69.84% year-on-year (YoY) decline in profit after tax (PAT) attributable to owners of the company to ₹12.44 crore in the June quarter, from ₹41.24 crore a year ago, even as revenue from operations rose 4.78% to ₹651.36 crore from ₹621.63 crore.

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Eicher Motors | Royal Enfield has launched the updated Continental GT 650 in India, bringing a set of styling and convenience upgrades to its café racer motorcycle. The updated model is available in four colourways, with prices starting at ₹3,58,427 (ex-showroom).

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Turtlemint Fintech Solutions| The firm reported a consolidated net loss of ₹38 crore for the quarter ended June 30, 2026, narrowing from a loss of ₹47 crore in the year-ago period. Revenue from operations rose 40% year-on-year to ₹294 crore in the first quarter of FY27, compared with ₹210 crore in the same quarter last year.

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IndusInd Bank | The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹59.20 lakh on private sector lender IndusInd Bank for non-compliance with certain provisions of its directions on ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’.

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Zaggle Prepaid Ocean Services | Spend management firm reported a 33% year-on-year decline in net profit to ₹17.5 crore for the quarter ended June 2026, compared with ₹26.1 crore in the year-ago period. Its revenue rose 27.5% year-on-year to ₹423.3 crore from ₹332 crore in Q1 FY26.



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