Stocks to watch, May 11: JBM Auto, OMCs, Titan, jewellery stocks, JSW Energy, Swiggy, tourism stocks

Stocks to watch: The domestic equity market is expected to open with a gap down. The GIFT NIFTY futures suggest that the NIFTY50 index will open 185 points lower.

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

Earnings today: Around 70 companies are scheduled to announce their financial results for the quarter and year ended March 31, 2026. The list includes names such as JSW Energy, Indian Hotels Company, Canara Bank, UPL, JB Chemicals and Pharmaceuticals, Abbott India, Anant Raj, JBM Auto, PVR INOX, Aurionpro Solutions, and DB Corp, among others.

Jewellery, OMCs, tourism, and EV stocks: Shares of these sectors will be in focus as Prime Minister Narendra Modi on Sunday said that the need of the hour, in the wake of the West Asia crisis, is to use petroleum products judiciously.

Speaking at an event in Telangana, where he virtually laid the foundation stone and inaugurated development projects worth around Rs 9,400 crore, Modi said imported petroleum products should be used only as needed, as this would not only save foreign exchange but also reduce the adverse impact of war.

He appealed to citizens to help conserve foreign exchange reserves by avoiding unnecessary foreign travel, overseas vacations, and foreign weddings, while encouraging people to choose domestic tourism and conduct celebrations within India. He also requested people to avoid non-essential gold purchases for one year to reduce pressure on foreign-exchange outflows.

Bank of Baroda (BoB): Bank of Baroda (BoB) on Friday reported an 11% rise in profit to ₹5,616 crore during the March quarter.

The state-owned lender had earned a net profit of ₹5,048 crore in the year-ago period.

During the quarter, the bank’s total income increased to ₹36,609 crore, from ₹35,852 crore a year ago, BoB said in a regulatory filing.

The bank’s interest income grew to ₹32,642 crore, from ₹30,642 crore in the fourth quarter of the previous financial year.

However, net interest income (NII) in the quarter declined to ₹12,494 crore, from ₹11,020 crore in the same period a year ago.

On the asset quality front, the bank’s gross non-performing assets (NPAs) moderated to 1.89% of gross advances, as compared to 2.26% by the end of March 2025.

Similarly, net NPAs came down to 0.45% of the advances, over 0.58% at the end of 2025.

Balrampur Chini: Balrampur Chini Mills Ltd has raised a ₹450 crore equity fund mainly to set up a lactogypsum processing plant and also meet enhanced capex for a polylactic acid (PLA) facility in Uttar Pradesh.

The company has ten sugar factories in UP, having an aggregate sugarcane crushing capacity of 80,000 tonnes per day. It also has a distillery and co-generation operations of 1,050 kilolitres per day and 175.7 MW, respectively.

Kolkata-headquartered Balrampur Chini has diversified into the bioplastic business and is setting up a PLA manufacturing plant at Kumbhi in UP with a total annual capacity of 80,000 tonnes.

“We have raised ₹450 crore through the issue of preferential shares to support the company’s expansion and growth plans,” Balrampur Chini Executive Director Avantika Saraogi told PTI.

CMS Info Systems: CMS Info Systems on Sunday announced that it has bagged a ₹400 crore order from HDFC Bank to manage 6,000 ATMs of the largest private-sector lender for five years.

This is an integrated ATM (automated teller machine) managed services outsourcing mandate under which CMS will also offer solutions like currency forecasting and logistics, and an AI solution, an official statement said.

The deal will help the company increase revenues from private sector banks to 30% by the end of FY27 from the current 25%, said its Chief Business Officer, Anush Raghavan.

He added that the company expanded its partnership with ICICI Bank in the last fiscal and recently bagged a ₹1,000 crore contract from the largest lender, SBI.

Godrej Properties: Godrej Properties is expecting to maintain its growth trajectory on strong consumer demand for homes and has set a target to achieve a 14 per cent increase in pre-sales this fiscal to ₹39,000 crore, its executive chairperson, Pirojsha Godrej, said.

In an interview with PTI, he highlighted that the company has performed very well during the last four years on key financial and operational metrics and said the company sees “no hindrance” in meeting the growth target for the current fiscal despite global uncertainties.

However, Pirojsha said the company would remain “watchful” and “careful” to uncertainties caused by the West Asian conflict for making any adjustment in its business plan.

“We are feeling pretty good about the year ahead. Of course, we have to be a little bit careful with what happens globally. But, overall, feeling pretty good about where things stand at the moment. Demand continues to be quite strong,” he said.

Tata Consumer Products (TCPL): Tata Consumer Products Ltd (TCPL) on Friday reported a 21.6% increase in its consolidated net profit to ₹424.02 crore in the March quarter of FY26, led by volume growth from domestic business.

The company had posted a consolidated net profit of ₹348.72 crore in the January-March quarter a year ago, the Tata group’s FMCG arm said in a regulatory filing.

Revenue from operations rose by 18% to ₹5,433.62 crore in the March quarter of FY26. It was at ₹4,608.22 crore in the year-ago period.

Total expenses of TCPL in the March quarter were at ₹4,844.81 crore, up 15.9%.

Tata Consumer’s total income, which includes other income, was at ₹5,486.18 crore, up 17.6%.

In the reporting quarter, TCPL’s overall branded business went up 14.9% to ₹4,746 crore. It was at ₹4,130.4 crore in the corresponding quarter last fiscal.

NTPC: Power giant NTPC will soon submit its first feasibility study for a nuclear project with the Department of Atomic Energy (DAE) and seek its nod to go ahead with the plan, sources said.

The approval will pave the way for NTPC to begin work on its first standalone nuclear project in India, as the PSU is keen to achieve at least 2 GW of nuclear capacity by 2032.

Further, the company is in the process of conducting feasibility studies in two more states and, in the latest development, has received a go-ahead from the Bihar government to conduct a feasibility study for a nuclear project in the state’s Banka district, they said.

As part of its energy diversification strategy, NTPC is looking to set up 30 GW of nuclear projects in at least 14 states with investments worth crores to contribute to the government’s ambitious 100 GW nuclear capacity target by 2047.

Titan Company: Leading branded jeweller Titan Company is unconcerned about short-term gold supply issues stemming from the West Asian conflict, as its gold exchange programme and contingency sourcing plans are helping to mitigate risks.

Titan, whose FY26 topline crossed ₹75,000 crore, said the company’s gold exchange programme has been running successfully since the third quarter, and it has further strengthened sourcing flexibility for its jewellery businesses.

“…Our gold exchange programme has been very, very successfully run from the last quarter three onwards. We always used to run this, but now we have another level,” CFO Ashok Sonthalia said while responding to a query around gold supply.

He said the company has measures in place to respond to any supply-related challenges if required. “On short notice, we can, if required, further ratchet it. Some of the other Plan Bs are also ready,” he said.

Pidilite Industries: Adhesives and construction chemicals maker Pidilite Industries is considering another round of price hikes due to inflation in raw materials from the ongoing geopolitical tensions in West Asia, the company’s managing director, Sudhanshu Vats, said.

The company, which owns popular brands such as Fevicol, Dr Fixit, FeviKwik, and M-Seal, had announced a price hike in April, followed by a second round in May.

The company’s raw material basket, which is closely linked to crude derivatives, has seen a weighted-average increase of around 40-50% due to geopolitical tensions in West Asia, Vats said.

“The West Asia crisis, like for many other businesses, has had an impact on our business as well. It came towards the end of the quarter. So therefore, we were able to manage a bit of it, and I think it did not reflect in the numbers, but I think moving forward, our raw material prices have gone up indeed,” said Vats in a post-earnings briefing.

In line with its philosophy, Pidilite will look at the “weighted average increase” on its raw material, which is quite strong.

National Aluminium Company (NALCO): State-run National Aluminium Company Ltd’s exports to West Asia have been affected by geopolitical tensions in the region, according to its CMD, Brijendra Pratap Singh.

West Asia accounts for 40-50% of the company’s alumina shipments.

NALCO also said that a shift in export destinations due to supply disruptions in West Asia has contributed to a decline in global spot alumina prices, which have now fallen to $305-310 per tonne.

Alumina is a white, granular material refined from bauxite ore, primarily used as the feedstock for producing aluminium.

The NALCO Chairman and Managing Director, in the earnings conference call, said, “Our alumina export to the Middle East … a lot, around 40%, 50% of our export, was going to the Middle East, which has been affected. But now, from Indonesia and other places also, orders are there. Of course, that has resulted in a reduction in the spot prices.”

Birla Corporation: M.P. Birla Group firm Birla Corporation Ltd on Saturday reported a consolidated net profit of ₹294.77 crore in the March quarter of 2025-26 on a year-on-year basis.

It had posted a net profit of ₹256.6 crore for the January-March period a year ago, according to a regulatory filing from Birla Corporation.

However, Birla Corporation’s revenue from operations was marginally up at ₹2,836.12 crore in the March quarter of FY26. It was at ₹2,814.91 crore in the corresponding period a year ago.

This was “owing to poor realisation from the cement business and external shocks affecting the performance of Birla Jute Mills”, said Birla Corporation in its earnings statements.

Total expenses of Birla Corporation were at ₹2,522.18 crore, up 1% in the March quarter.

Swiggy: Food delivery and quick commerce firm Swiggy on Friday reported a narrowing of consolidated net loss to ₹800 crore for the March quarter of FY26.

The company, which owns Instamart, had incurred a loss of ₹1,081 crore in the year-ago period.

Revenue in the quarter rose nearly 45% to ₹6,383 crore as against ₹4,410 crore a year ago.

Total expenses also soared to ₹7,448 crore during January-March FY26 from ₹5,610 crore a year ago.

With inputs from PTI

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