Stocks To Watch: Multiple stocks are set to be in focus on May 8, driven by a mix of earnings announcements, order wins, and corporate developments.
Companies such as Lupin, Biocon, and Bharat Forge will attract attention following their Q4 FY26 results, while Pace Digitek, Deep Industries, Cochin Shipyard, and PNC Infra are likely to see movement on the back of fresh order inflows and project wins.
Stocks To Watch Today
Lupin
Lupin shares are likely to remain in focus after the company reported a strong performance for Q4 FY26, with consolidated revenue rising 31.9 per cent year-on-year to Rs 7,475 crore from Rs 5,667 crore. Net profit surged 89 per cent to Rs 1,460 crore, while EBITDA jumped 88.1 per cent to Rs 2,485 crore. The company also saw improvement in profitability, with EBITDA margins expanding to 33.3% from 23.3%, marking a sharp 1,000 basis-point increase.
Biocon
Biocon shares are expected to remain in focus following its Q4 FY26 results, which showed modest revenue growth but a sharp decline in profitability. The company reported consolidated revenue of Rs 3,482 crore, up 2.9 per cent year-on-year from Rs 3,385 crore, while EBITDA rose 2.2 per cent to Rs 1,019.4 crore. However, EBITDA margin slipped slightly to 29.3 per cent from 29.5 per cent. Net profit saw a steep drop of 56.7 per cent year-on-year to Rs 198.6 crore, compared to Rs 459 crore in the same period last year.
Bharat Forge
Bharat Forge shares are likely to remain in focus after its Q4 FY26 results, which reflected mixed performance impacted by a one-time loss of Rs 98.7 crore. The company reported a 17.5 per cent year-on-year increase in consolidated revenue to Rs 4,528 crore, while EBITDA rose to Rs 778 crore from Rs 681 crore. However, net profit declined 17 per cent to Rs 233 crore compared to Rs 283 crore in the year-ago period. EBITDA margins also narrowed slightly to 17.2 per cent from 17.7 per cent. The company announced a final dividend of Rs 6.5 per share.
Key Q4FY26 Earnings Today
SBI, Titan, ABB India, Tata Consumer, MCX, Swiggy, Urban Company are among the major companies to declare their results for the January-March quarter of the financial year 2025-26 set to announce their earnings for Q4 FY26 on Friday, May 8.
Pace Digitek
The company's share price will remain in focus after it secured a Rs 702 cr order from Damodar Valley Corporation (DVC). This is for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project in Jharkhand, covering supply, EPC, and 12-year O&M services.
Lock-in period ending for these stocks
- Orkla India (63 per cent)
- Lenskart solutions (60 per cent)
- Emmvee Photovoltaic power (1 per cent)
Deep Industries
The stock will remain in focus after it secured a 30-month contract extension for Integrated Drilling Services from Antelopus Selan Energy Ltd. Order value at Rs 78 crores ($8.28 mn).
Cochin Shipyard
The company's arm bagged notable order from Ocean Sparkle in range of Rs 100 crore to Rs 250 crore To build four ASD tugs
PNC Infra
The company's stock will remain in focus after it emerged as the L1 bidder for the Lucknow flyover project worth Rs 194.4 crore
Wakefit Innovations
The company approved major amendments to its MoA to expand its business into home appliances, chemicals, paints, gardening products, building materials, and textile manufacturing, subject to shareholder approval via postal ballot.
(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.)
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