Stocks to Watch: Shares of several companies will remain in focus on Friday (August 8) including Reliance Industries, Kalyan Jewellers, Godrej Consumer, TCS, etc. On Thursday, benchmark equity indices Sensex and Nifty staged a comeback following the last-hour buying in IT and banking shares, even as US President Donald Trump slapping an additional 25 per cent duty on Indian goods weighed on investor sentiment.
Rebounding around 926 points from the day’s low, the 30-share BSE Sensex edged higher by 79.27 points or 0.10 per cent to settle at 80,623.26. The index traded in the red for most of the session and hit a low of 79,811.29. However, fag-end buying helped recover losses and touch a high of 80,737.55.
The 50-share NSE Nifty went up by 21.95 points or 0.09 per cent to 24,596.15.
Reliance Industries Limited (RIL)
Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate’s next phase of expansion, Chairman Mukesh Ambani said, reports PTI. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm’s latest annual report. The firm, which traditionally had oil and petrochemicals as the growth drivers, has in the last few years ventured into retail – both online and physical stores – telecom and digital services, built a media empire around news and entertainment channels, and laid the foundation for giga factories for its clean energy foray.
Kalyan Jewellers
Jewellery retailer Kalyan Jewellers on Thursday reported a 48.73 per cent growth in consolidated profit after tax (PAT) to Rs 264.08 crore during the quarter ended June 30. The company’s PAT stood at Rs 177.55 crore in the corresponding period of the previous fiscal year, the Thrissur-headquartered jeweller said in a regulatory filing. Its revenue from operations increased 31.48 per cent during the quarter under review to Rs 7,268.47 crore compared to Rs 5,527.81 crore a year ago.
Godrej Consumer Products
Godrej Consumer Products Ltd on Thursday reported a marginal decline in consolidated profit after tax to Rs 452.45 crore in the first quarter ended June 30, 2025, impacted by higher raw material cost and challenges in the Indonesian business. The company had posted a consolidated profit after tax of Rs 450.69 crore in the corresponding period last fiscal, Godrej Consumer Products Ltd (GCPL) said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 3,661.86 crore as against Rs 3,331.58 crore in the year-ago period, it added.
Transrail Lighting
Transrail Lighting has said its net profit more than doubled to Rs 106 crore in the June quarter of FY26, pushed by higher revenues from core business segments. Transrail, an EPC player in the transmission and distribution sector, had logged a net profit (profit after tax) of Rs 52 crore in the April-June period of preceding 2024-25, the company said in a statement on Wednesday.
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Emcure Pharmaceuticals
Emcure Pharmaceuticals Ltd on Thursday reported 40.76 per cent jump in consolidated profit after tax at Rs 215 crore for the first quarter ended June 30, 2025 driven by robust performance of both domestic and international businesses. The company had posted a profit after tax (PAT) of Rs 153 crore in the corresponding period last fiscal, Emcure Pharmaceuticals said in a regulatory filing.
Bajaj Electricals
Bajaj Electricals Ltd on Thursday reported a 97 per cent dip in consolidated net profit at Rs 91 lakh in the first quarter ended June 30, 2025, due to lower sales in the consumer products segment and ex gratia payment for its Nashik factory. The company had posted a consolidated net profit of Rs 28.11 crore in the corresponding quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing.
TCS
IT services company Tata Consultancy Services (TCS) informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels. The wage hikes comes at a time when TCS is set to lay off about 12,000 employees this year. The wage hikes will be effective September 1, TCS CHRO Milind Lakkad and CHRO Designate K Sudeep said in an email to employees on Wednesday, reports PTI.
(With inputs from PTI)
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