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Indian markets are likely to remain stock-specific on Wednesday, May 20, as investors track a fresh batch of earnings, fundraising plans, buyback proposals and developments linked to the energy and infrastructure sectors. Metals, power, telecom and banking stocks may remain in focus through the session amid updates around nuclear energy investments, Novelis’ quarterly performance and RBI-sensitive financial counters.
Here are the key stocks to watch today:
The company is scheduled to announce quarterly earnings during the day.
The Aditya Birla Group company will announce quarterly results during the session.
The company is expected to report quarterly earnings after market hours.
The company will announce quarterly results between 1 pm and 3 pm.
The company is scheduled to announce quarterly earnings between 12:30 pm and 3:30 pm.
The company is expected to announce quarterly results during the day.
The company’s board will consider a share buyback proposal along with quarterly earnings.
The board will consider fundraising through a qualified institutional placement (QIP).
The record date for the company’s buyback offer falls today. The buyback price has been fixed at Rs 680 per share.
Shares of Fujiyama Power Systems and Capillary Technologies may remain in focus as anchor lock-in periods end today.
The company reported mixed quarterly numbers. Revenue remained largely flat sequentially at Rs 1.18 lakh crore, while EBITDA declined 14 per cent.
Profit after tax dropped 58 per cent quarter-on-quarter to Rs 3,191 crore. However, EBITDA and margins came in better than street estimates.
The company also reported impairment on investment in a subsidiary worth Rs 4,349 crore during the quarter.
The company reported weak quarterly numbers with revenue, EBITDA and profit declining sharply year-on-year.
The board recommended a final dividend of Rs 10 per share.
The company reported weak quarterly earnings with pressure on margins and profitability.
The board recommended a dividend of Rs 2.4 per share.
The company reported mixed quarterly numbers. Revenue rose 35 per cent year-on-year, while profit increased 24 per cent.
The company expects its second captive solar plant in Rajasthan to begin operations by Q2 FY27.
The company reported strong quarterly performance with healthy growth in revenue, EBITDA and profit.
The lender reported strong quarterly earnings. Net profit rose 62 per cent year-on-year, while asset quality improved sharply.
The board recommended a final dividend of Rs 5 per share.
The company posted strong quarterly numbers with revenue rising nearly 74 per cent and profit jumping three-fold.
Several cash market stocks will remain in focus ahead of earnings announcements. These include HealthCare Global Enterprises, Nephro Care India, Orkla India, PNC Infratech, Dishman Carbogen Amcis, C.E. Info Systems, Hatsun Agro Product, Dynamatic Technologies, Anthem Biosciences, Borosil, Trident and Siyaram Silk Mills.
The stock may remain in focus after subsidiary Novelis reported a net loss of $84 million in Q4 FY26 due to production disruptions and fire-related losses.
Rolled product shipments declined 12 per cent year-on-year. However, the Oswego hot mill is expected to restart earlier than anticipated, which may support future performance.
The telecom operator launched its new “Priority Postpaid” service using 5G slicing technology.
Power and infrastructure stocks may remain on investors’ radar after the Maharashtra government signed multiple MoUs for nuclear energy projects in the presence of Maharashtra Chief Minister Devendra Fadnavis.
The company plans to set up a 6,000 MW nuclear power plant in Ratnagiri with a proposed investment of Rs 1.5 lakh crore.
The company plans to develop SMR and nuclear reactor projects in Ratnagiri with a potential investment ranging from Rs 8,000 crore to Rs 2 lakh crore.
The state-run company plans to develop a 4,000-7,200 MW nuclear power plant in Sindhudurg with a proposed investment of around Rs 1 lakh crore.
The company signed an agreement to acquire additional stake in Toshiba JSW. Its stake in the joint venture will increase to 20.7 per cent after the transaction.
The company said CFO Abhishek Kapoor has resigned. Rinku More will take over as CFO from July 15.
The company received “no objection” approvals from NSE and BSE for its merger scheme.
The company received Consent to Operate approval for capacity expansion of its cold rolling mill unit in Raipur.