Business

Stocks to Watch for May 6: L&T, SRF,  UCO Bank, Coforge, Poonawalla Fincorp and more


From Larsen & Toubro reporting a mixed set of Q4 results to Poonawalla Fincorp reporting a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, here are some stocks to watch ahead of Wednesday’s trading session.

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Larsen & Toubro | The company reported a mixed set of Q4 results on May 5, with steady revenue growth but earnings falling short of Street expectations amid margin pressures and a high base.

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SRF Ltd | Chemical-based multi-business entity reported a 10.6% year-on-year rise in net profit for the fourth quarter at ₹582 crore, compared with ₹526 crore in the year-ago period. Revenue for the quarter rose 7% to ₹4,615 crore from ₹4,313 crore a year earlier.

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UCO Bank | The bank has secured a major reprieve in a tax dispute, with a substantial reduction in its Goods and Services Tax (GST) liability following an appellate ruling.

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Poonawalla Fincorp Ltd | The firm reported a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, compared to ₹62 crore in the corresponding period last year.

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United Breweries Ltd | The beer maker reported a net profit of ₹101.7 crore for the fourth quarter, compared with ₹97.4 crore in the same period last year, marking a 4.4% year-on-year increase. The figure was below the CNBC-TV18 poll estimate of ₹106 crore.

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Hero MotoCorp | The firm delivered a strong set of March quarter earnings, beating Street estimates across key metrics, led by robust volume growth and improving product mix.

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Jammu & Kashmir Bank Ltd | The bank reported a 36.5% year-on-year rise in net profit for the fourth quarter at ₹798 crore, compared with ₹585 crore in the year-ago period. Net interest income (NII) increased 0.5% to ₹1,487.5 crore from ₹1,480 crore in the corresponding quarter last year.

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Spandana Sphoorty Financial | The company reported a sharp turnaround in the March quarter, swinging to a net profit of ₹5.27 crore compared to a loss of ₹434.3 crore a year ago.

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KEC International Ltd | The firm has secured new orders worth ₹1,002 crore across multiple business segments, the company said in a press release dated May 5, 2026.

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Raymond Realty | The realty firm reported a strong sequential performance for the March quarter, with net profit rising to ₹161 crore from ₹67 crore in the previous quarter.



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