Stocks to Watch Today, May 29: Indian stocks are likely to remain in focus on May 29 amid a flurry of quarterly earnings and corporate developments. GMR Airports returned to profit, while Ashok Leyland posted strong earnings growth and PhysicsWallah sharply narrowed losses.
On the corporate front, Reliance Industries will seek shareholder approval for large intra-group transactions, Wipro expanded its AI partnership with ServiceNow, and Wockhardt secured regulatory approval for a new antibiotic. Investors will also track updates from Bata India, Swiggy, RITES, REC, and Jupiter Wagons.
Here’s the list of stocks to watch in today’s trading session
Stocks to Watch Today
| Stocks in focus | Why in focus? |
| GMR Airports | Profitability Takes Flight |
| PhysicsWallah | Losses Shrink Amid Strong Growth |
| Bata India | Profit Slips Despite Revenue Growth |
| Ashok Leyland | Strong Quarter Driven by Demand |
| Enviro Infra Engineers | Earnings Under Pressure |
| Unitech | Losses Widen Despite Higher Income |
| Reliance Industries | Seeks Nod for Mega Transactions |
| AWL Agri Business | Partners for Sweetener Expansion |
| REC Ltd | Partners with ERDA for Quality Assurance |
| RITES | Teams Up with Crisil for Infrastructure Solutions |
| Jupiter Wagons | Secures Long-Term Supply Deal |
| Wockhardt | CDSCO Clears New Antibiotic Launch |
| Swiggy | Special Resolution Falls Short |
| Wipro | Expands AI Partnership with ServiceNow |
Q4 Updates
Profitability Takes Flight
GMR Airports reported a strong turnaround in Q4 with profit at Rs 302.4 crore against a loss last year. Revenue surged 37.5 per cent year-on-year to Rs 3,938.2 crore.
Losses Shrink Amid Strong Growth
Edtech major PhysicsWallah significantly reduced its losses to Rs 74.9 crore from Rs 293.1 crore. Revenue jumped 50.7 per cent to Rs 918.8 crore.
Profit Slips Despite Revenue Growth
Bata India posted a sharp 95.2 per cent decline in quarterly profit to Rs 2.2 crore, even as revenue increased 5 per cent to Rs 827.6 crore.
Strong Quarter Driven by Demand
Ashok Leyland delivered a healthy performance with profit rising 14.2 per cent to Rs 1,290.7 crore. Revenue climbed 17.4 per cent to Rs 17,246.4 crore.
Enviro Infra Engineers reported a 29.1 per cent decline in profit at Rs 51.9 crore despite revenue growing 8.8 per cent to Rs 427.3 crore.
Unitech
Losses Widen Despite Higher Income
Real estate company Unitech posted a consolidated net loss of Rs 441 crore for Q4 FY26. However, total income rose to Rs 145.31 crore.
Seeks Nod for Mega Transactions
Reliance Industries will seek shareholder approval for internal transactions worth over Rs 16.64 lakh crore over the next five years involving its digital businesses, including Jio Platforms and Reliance Jio Infocomm.
Partners for Sweetener Expansion
AWL Agri Business has partnered with Shree Renuka Sugars to market sweeteners under the popular ‘Madhur’ brand.
REC
Partners with ERDA for Quality Assurance
REC Ltd signed an agreement with ERDA to enhance quality testing and assurance systems for materials used under the Revamped Distribution Sector Scheme (RDSS).
RITES
Teams Up with Crisil for Infrastructure Solutions
RITES signed an MoU with Crisil to develop integrated infrastructure solutions by combining engineering consultancy expertise with advanced analytics, market intelligence, and data-driven research capabilities.
Secures Long-Term Supply Deal
Jupiter Tatravagonka Railwheel Factory, a subsidiary of Jupiter Wagons, signed a long-term agreement with Tatravagonka a.s to supply rail wheels, axles, and wheelsets for European rail wagon manufacturing.
CDSCO Clears New Antibiotic Launch
Wockhardt received approval from the CDSCO to market its newly developed antibiotic ‘Zaynich’ in India.
Swiggy
Special Resolution Falls Short
Swiggy’s proposal to amend its Articles of Association received 72.36 per cent shareholder approval, missing the required 75 per cent threshold for passing a special resolution by a narrow margin.
Wipro
Expands AI Partnership with ServiceNow
Wipro announced an expanded collaboration with ServiceNow to implement and scale agentic AI workflows across key enterprise functions.
(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.)
