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Friday, May 8, 2026

08/05/26, Stocks To Watch

The domestic equity market is expected to open in the red on Friday, May 8. The GIFT NIFTY futures suggest that the NIFTY50 index will open 122 points lower.

Here is a list of stocks that may remain in focus today.

Earnings today: As per the morning BSE list, over 65 companies are slated to report their March-quarter numbers today. The list includes names such as State Bank of India (SBI), Titan Company, ABB India, Hyundai Motor India, Bank of Baroda, Bank of India, TATA Consumer Products, Multi Commodity Exchange of India (MCX), Swiggy, Urban Company, Shipping Corporation of India, and CreditAccess Grameen, among others.

Waaree Energies: In its investor presentation, the company shared a positive outlook for the solar industry overall. It said that global solar PV capacity will increase to 7.4 TW from the current 2.26 TW, 3x the current level.

It further said that geopolitical crises are further accelerating solar and renewable energy adoption. India will cross 300+ GW of solar installations by 2030 on the back of policy support and cost advantage, it added.

Lenskart: Shares of Lenskart are likely to remain in focus on Friday, May 8, amid two key developments - the expiry of shareholder lock-in restrictions and a large block deal by existing investors.

According to a CNBC-TV18 report, certain existing investors are looking to exit their holdings through a clean-out trade involving up to 70.2 million shares. The block deal was initially estimated at nearly $350 million but has now reportedly been upsized to around $600 million (approximately ₹5,650 crore).

Pidilite Industries: Pidilite Industries Ltd on Thursday reported a 36.63% rise in consolidated net profit to ₹584.15 crore for the March quarter of FY26, helped by volume growth and healthy operating margins.

The company, which manufactures adhesives, sealants, and construction chemicals, had logged a profit of ₹427.52 crore in the January-March period a year ago, according to a regulatory filing by Pidilite Industries.

Its revenue rose 13.24% to ₹3,648.16 crore in the March quarter of FY26. It was ₹3,221.52 crore a year ago.

Pidilite Industries' total expenses increased 9.23% to ₹2,861.51 crore in the March quarter.

For the entire FY26, Pidilite Industries' profit surged 17.86% to ₹2,470.72 crore. The total consolidated income rose 11% to ₹14,867 crore.

SBI: State Bank of India (SBI) on Thursday said the executive committee of its central board will meet on May 12 to decide on raising funds through the issue of $2 billion (around ₹17,000 crore) foreign currency bonds in the current fiscal year.

In a regulatory filing, SBI said the executive committee will "examine the status and decide on long-term fundraising in single/multiple tranches of up to USD 2 billion under Reg-S/144A, through a public offer and/or private placement of fixed/floating rate bonds in US dollars or any other major foreign currency during FY 2026-27".

Lupin: Pharma major Lupin Ltd on Thursday reported an 87.7% jump in consolidated profit after tax (PAT) to ₹1,468.7 crore in the fourth quarter ended March 31, mainly driven by strong performance in the US market.

The company had posted a consolidated profit after tax (PAT) of ₹782.4 crore in the corresponding quarter of the preceding fiscal, Lupin Ltd said in a regulatory filing.

Its consolidated sales in the fourth quarter rose 32.9% to ₹7,391.9 crore against ₹5,562.2 crore logged in the year-ago period, it added.

US sales for Q4 FY2026 jumped 56.9% to ₹3,398.7 crore compared to ₹2,166.6 crore in Q4 FY2025.

India sales climbed 11.5% to ₹1,908.2 crore in Q4 from ₹1,711.3 crore a year ago.

Britannia Industries Ltd: Bakery food company Britannia Industries Ltd on Thursday reported a 21.56% rise in consolidated net profit to ₹679.68 crore for the March quarter of FY26.

The company had posted a net profit of ₹559.13 crore in the January-March quarter a year ago, according to a regulatory filing by Britannia Industries.

Britannia Industries' revenue from the sale of products rose 7% to ₹4,685.95 crore in the March quarter.

Its revenue from operations increased 6.46% to ₹4,718.92 crore in the fourth quarter of FY26. It was ₹4,432.19 crore a year ago.

Britannia's total expenses climbed 6.2% to ₹3,969.96 crore in Q4 FY26.

The total income of Britannia, which includes other income, rose 6.2% to ₹4,774.37 crore in the March quarter.

Coromandel International: Coromandel International on Thursday reported a sharp 80% decline in consolidated net profit to ₹114.64 crore for the fourth quarter of 2025-26, weighed down by a 22.4% surge in expenses.

The Hyderabad-based fertiliser and crop protection major had posted a net profit of ₹578.46 crore in the year-earlier quarter, according to a regulatory filing.

The total income, however, rose to ₹6,003.66 crore for the January-March quarter from ₹4,988.39 crore a year ago. Expenses climbed to ₹5,769.93 crore against ₹4,723.65 crore in the same period.

For the full 2025-26 fiscal, its consolidated net profit fell 7.62% to ₹1,898.14 crore from ₹2,054.71 crore in the preceding fiscal year, while total income surged to ₹31,827.45 crore from ₹24,443 crore.

V-Mart Retail: V-Mart Retail Ltd on Thursday reported a 39% decline in net profit at ₹11.28 crore for the March quarter of FY26.

It had posted a net profit of ₹18.51 crore for January-March FY25, according to a regulatory filing from V-Mart, a value retailer.

Revenue from operations was up 24.5% to ₹970.89 crore in the March quarter. Total expenses were higher by 23% to ₹963.99 crore.

Income from 'Retail Trade' was at ₹965.02 crore, and ₹9.9 crore came from 'Digital Marketplace'.

The total income of V-Mart, which includes other income, in the March quarter was at ₹975.61 crore, up 24.7% year-on-year.

In the entire FY26, the profit was up twofold to ₹124 crore. Total income rose 16.5% to ₹3,804.40 crore.

Westlife Foodworld: Westlife Foodworld, operator of McDonald's restaurants in West and South India, on Thursday reported a 56% year-on-year rise in its consolidated net profit at ₹2.37 crore in the March quarter of FY26.

The company had reported a consolidated net profit of ₹1.52 crore in the January-March quarter a year ago, according to a regulatory filing.

Revenue from operations was up 8.65% at ₹655.36 crore in the March quarter of FY26. It was at ₹603.14 crore in the corresponding quarter a year ago.

This was "driven by healthy guest count momentum and strong brand connect.

Same Store Sales Growth (SSSG) stood at 1.5% for the quarter, with momentum building progressively through the quarter," Westlife Foodworld said in an earnings statement.

BSE: Leading stock exchange BSE Ltd on Thursday reported a 61% jump in consolidated net profit to ₹795.47 crore for the March quarter, on the back of higher income.

The company had posted a consolidated net profit of ₹493.67 crore in the corresponding quarter of the previous financial year.

Total revenue during the January-March period rose to ₹1,630 crore from ₹926.38 crore in the year-ago period, according to a regulatory filing.

The board has recommended a final dividend of ₹10 per equity share for FY26, subject to shareholders' approval at the ensuing annual general meeting.

NTPC: NTPC on Thursday said it has acquired a 26% stake from the Municipal Corporation of Delhi (MCD) held in a joint venture company, NTPC EDMC Waste Solutions.

With this, NTPC EDMC Waste Solutions Private Limited (NEWS) will become a wholly owned subsidiary of NTPC, which presently holds a 74% stake, the power giant said in an exchange filing.

"NTPC has signed an agreement with the Municipal Corporation of Delhi and NTPC EDMC Waste Solutions Private Limited for the termination of the Joint Venture Agreement dated 11th June 2019 and the acquisition of MCD's 26% shareholding (52,000 equity shares) in NEWS," the filing said.

The NTPC Board and House of Corporation, MCD, have accorded approval for the purchase of MCD's 26% stake in NEWS by NTPC.

Thermax: Thermax on Thursday posted a 19% rise in consolidated net profit to ₹244 crore during the March quarter, supported by a rise in income.

It had reported a net profit of ₹205 crore in the year-ago period, the company said in an exchange filing.

During January-March, the company's total income rose to ₹3,481.75 crore from ₹3,123.25 crore in the fourth quarter of the preceding 2024-25 financial year.

The board has recommended a final dividend of ₹14. Further, marking Thermax's 60th anniversary milestone, the board has declared a special dividend of ₹6 per share.

As of March 31, 2026, the order balance for the quarter was ₹13,604 crore (₹10,693 crore), up 27% from the corresponding quarter of the previous year.

Gateway Distriparks: Logistics operator Gateway Distriparks on Thursday reported a 6% year-on-year decline in profit after tax (PAT) to ₹63.7 crore in the March quarter of FY 2025-26.

The company had reported a net profit of ₹67.8 crore in Q4FY25.

Total revenue for the fourth quarter of FY26 stood at ₹533.7 crore, compared to ₹534.9 crore in the year-ago period.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also declined 1.94% YoY to ₹122.8 crore during the quarter under review, as against ₹125.2 crore in the same period of the preceding fiscal.

The company said during the March quarter it handled 1.98% more cargo at 1,88,179 TEUs (Twenty-foot Equivalent Units), compared to 1,84,518 TEUs in the corresponding quarter a year ago.

Thomas Cook India: Omnichannel travel services company Thomas Cook (India) and its group company SOTC Travel on Thursday announced the signing of a long-term agreement with Vinpearl, Vietnam's hospitality, tourism, and entertainment brand, to further strengthen the country's appeal among Indian travellers.

As part of the agreement, the companies will position Vinpearl as a preferred Vietnam partner, backed by exclusive inventory and priority availability.

"Vietnam has emerged as one of the most exciting growth markets for Indian travellers, and our partnership with Vinpearl reflects our strategic intent to strengthen our leadership in the destination. As leaders in India's travel and tourism sector, we see a significant opportunity in combining our omnichannel reach, strong consumer base, and market expertise with Vinpearl's world-class hospitality and entertainment ecosystem.

Dabur: Homegrown FMCG major Dabur India Ltd on Thursday reported a 15.75% year-on-year increase in its consolidated net profit to ₹362 crore in the March quarter of FY 2025-26, driven by a broad-based performance.

The company had posted a net profit of ₹312.73 crore in the January-March quarter a year ago, according to a regulatory filing.

Its revenue from operations jumped 7.34% to ₹3,038.02 crore in Q4 FY26, compared to ₹2,830.14 crore in the corresponding quarter of the preceding fiscal.

The company's total expenses stood at ₹2,738.37 crore in the March quarter, up 7% YoY.

Dabur India's total income rose 8.13% YoY to ₹3,213.05 crore.

Ceigall India: Ceigall India on Thursday posted a 78% rise in consolidated net profit to ₹129 crore for the quarter ended March 31, 2026, on higher revenues supported by better cost management.

The infrastructure company had reported a net profit of ₹72.4 crore in the year-ago quarter, the company said in a regulatory filing.

During the January-March period of FY 2025-26, the company's revenue from operations rose to ₹1,386.5 crore, up 37% year-on-year from ₹1,011.6 crore in the same quarter of the preceding financial year.

The company's chairman and managing director, Ramneek Sehgal, said for the full FY26, consolidated revenue reached ₹4,022.4 crore, up 17% YoY, with an EBITDA of ₹585.4 crore and margins of 14.6%, "supported by disciplined cost management and improving execution efficiency".

Article prepared by Upstox with inputs from PTI

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from us.  Please consult with a financial advisor before making any investment decisions.

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