Indian equity benchmark indices concluded lower on Friday, August 7, reflecting a cautious market sentiment. The BSE Sensex dipped 0.58 percent to close at 78,499.17, while NSE's Nifty50 fell 0.27 percent, ending at 24,570.65. This market movement occurred amidst rising crude oil prices, fueling inflation concerns and potential foreign institutional investor (FII) outflows. As the new trading week commences on Monday, August 10, several key stocks are expected to be in the spotlight due to recent corporate announcements and quarterly financial results.
Key Market Movers: Earnings & Corporate Actions
A diverse group of companies have reported their latest financial performances or announced significant corporate actions, drawing investor attention. Here’s a detailed look at some of the top stocks making news:
Titan Company
The Tata Group's leading watch and jewelry manufacturer reported a substantial 62.9 percent year-over-year (YoY) increase in net profit, reaching Rs 1,777 crore for the June 2026 quarter. Revenue also saw a robust growth of 29.3 percent YoY, totaling Rs 21,356 crore. EBITDA climbed 57.1 percent YoY to Rs 2,564 crore, with margins improving to 14.2 percent.
Power Finance Corporation (PFC)
State-run PFC recorded a modest 2.1 percent YoY rise in net profit for the April-June 2026 period, though its net interest income declined by 3.3 percent. The company has declared an interim dividend of Rs 3.90 per equity share. Its consolidated loan asset book stood at Rs 11.60 lakh crore as of June 30, 2026.
Vedanta Aluminium (BALCO)
Bharat Aluminium Company (BALCO), a subsidiary of Vedanta Aluminium, has been designated as the preferred bidder for the Karlapat Bauxite Block. This block, currently at the G2 level of exploration, spans 1,822.61 hectares and holds estimated mineral reserves of approximately 248 million tonnes.
Kaynes Technology India
Despite a strong 40.5 percent increase in revenue, the electronics manufacturing firm experienced a 24.4 percent YoY decline in net profit for Q1FY27. EBITDA grew 30.5 percent to Rs 148 crore, but the EBITDA margin stood at 15.6 percent, indicating some margin pressure.
Ola Electric Mobility
The electric two-wheeler manufacturer successfully narrowed its net loss during the June 2026 quarter, even as revenue decreased by 45 percent YoY. The EBITDA loss for the period was Rs 165 crore. Ola Electric delivered around 39,192 vehicles, with registrations surging 97 percent during the reported quarter.
Oil India
The state-run oil marketing company announced a significant 253 percent YoY surge in net profit during Q1FY27, alongside a 58.8 percent jump in revenue. EBITDA reached Rs 4,084 crore, boasting a robust EBITDA margin of 51.3 percent.
RITES and Hindustan Petroleum Corporation (HPCL)
State-run railway consultancy firm RITES has inked a Memorandum of Understanding (MoU) with HPCL. This agreement focuses on providing consultancy services for the development of railway siding infrastructure across HPCL's various facilities.
Akums Drugs and Pharmaceuticals
The pharmaceutical company reported a 56.1 percent YoY increase in net profit for Q1FY27, with revenue growing by 13.9 percent. EBITDA rose 35.4 percent YoY to Rs 175 crore, and its domestic branded formulations recorded a 7 percent growth.
Anant Raj
The real estate developer posted an 18.9 percent YoY increase in net profit for Q1FY27, supported by a 6.6 percent rise in revenue. EBITDA grew 21.76 percent to Rs 183 crore, with the EBITDA margin improving to 29 percent from 25.4 percent in the prior year.
Other Noteworthy Updates:
- NMDC: The state-run metal player has set lump ore price at Rs 5,250 per tonne and fines price at Rs 4,500 per tonne, effective August 8.
- Signature Global: The real estate firm entered Collaboration Agreements for two land parcels in Sohna, Gurugram, with a potential developable area of 2.18 million square feet.
- Entero Healthcare Solutions: Reported a 37.3 percent YoY rise in net profit and 38.2 percent revenue growth for the June 2026 quarter.
- Emcure Pharmaceuticals: Received a 'Voluntary Action Indicated' (VAI) classification from the USFDA for its Sanand formulations facility, closing the inspection.
- Godawari Power & Ispat: Saw a 2.69 percent YoY increase in net profit and 32.3 percent revenue growth during April-June 2026.
- Azad Engineering: Posted a 20.2 percent YoY rise in net profit and 26 percent revenue increase for Q1FY27.
- Raymond Realty: Despite a 38.4 percent revenue increase, net profit declined 18.6 percent YoY for the June 2026 quarter.
- Hitachi Energy India: Experienced a 122 percent YoY surge in net profit and 68.6 percent revenue jump in Q1FY27.
- Nitin Spinners: Reported an 83.6 percent YoY surge in net profit and 10.3 percent revenue growth during April-June 2026.
- Ambika Cotton Mills: Posted a 61.4 percent YoY surge in net profit and 34.3 percent revenue jump for Q1FY27.
Stocks Trading Ex-Dividend
Several companies are trading ex-dividend on Monday, August 10, 2026, including Jio Financial Services, Indus Towers, AVT Natural Products, Central Mine Planning & Design Institute, Majestic Auto, PTC India, RITES, Styrenix Performance Materials, and West Coast Paper Mills.
Upcoming Quarterly Results
A host of companies are scheduled to release their quarterly results on Monday, August 10, including Vodafone Idea, Bosch, Amara Raja Energy, AstraZeneca Pharma, Bharat Forge, Bombay Dyeing, CMS Info, Dilip Buildcon, Gland Pharma, Hindustan Copper, KEC International, Info Edge (India), PC Jeweller, Triveni Turbine, TVS Supply Chain Solutions, Websol Energy, Wockhardt, Yatharth Hospital, and Zee Entertainment.