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Stocks To Watch On August 8: Tuesday’s recovery of over a percent on strong global signals gave domestic markets a reprieve after their recent downturn. Due to a variety of news events and first-quarter results, shares of LIC, RVNL, BSE, Hindalco, Tata Motors, and Eicher Motors, among others, will be the subject of attention in today’s trading.

ABB India, Va Tech Wabag, Oil India, Bharat Bajel Projects, Gujarat State Petronet, Forge, Biocon, Alembic Pharmaceuticals, Astral, Astrazeneca Pharma, Page Industries, Rail Vikas Nigam, Sobha, Unichem Laboratories, LIC, SAIL, Eicher Motors, IRCON International, Minda Corporation, MRF, ABB India, Profit Watch

Listing: Dhariwalcorp will be listed on the SME board, while Ceigall India will list on the mainboard.

Rate-sensitive stocks: The RBI’s decision on interest rates will be keenly watched by industries like financials, real estate, and railroads.

Tata Motors: Moody’s maintained a positive outlook on all other ratings while upgrading Tata Motors’ corporate family rating (CFR) to Ba1 on Wednesday from Ba3.

Hindalco: The company’s net income for the first quarter of FY25 dropped by only 3% to $151 million, but when exceptional factors were taken out of the equation, the net income increased by 32% to $204 million. Shipments of rolled products rose 8% to 951 kilotonnes, contributing to a 19% rise in adjusted EBITDA to $500 million.

NHPC: While revenue decreased 2.3% to Rs 2,694.2 crore from Rs 2,757.3 crore, NHPC’s Q1 consolidated profit increased by 1.2% to Rs 1,108.5 crore from Rs 1,095 crore in the previous year.

NTPC: In Radhanpur, Gujarat, NTPC Renewable Energy has started the first 60 MW phase of its 150 MW Gujarat Solar PV project. With this launch, NTPC’s installed and commercial capacity now stands at 76,134 MW.

Abbott India: The company’s earnings climbed by 13%. revenue increased 5.3% to Rs 1,557.6 crore from Rs 1,479 crore, bringing Y-o-Y to Rs 328.01 crore from Rs 290.2 crore.

Marico: Marico reports better operational circumstances in Bangladesh, where most of its distributors and retail sales staff have resumed work after a temporary hiatus. Production is anticipated to start up again shortly.

Godrej Cons: Despite a 3.4% drop in sales to Rs 3,331.6 crore from Rs 3,448.9 crore, Godrej Consumer Products experienced a 41.4% rise in profit to Rs 450.7 crore from Rs 318.8 crore year over year. Additionally, the business announced an interim dividend of Rs 5 per share.

Coromandel International: As of August 7, S Sankarasubramanian has been named managing director and chief executive officer. He was the executive director of the Nutrient Business before.

Protean eGov: Standard Chartered Bank is anticipated to sell its 3.09 percent equity position via block sales on August 8; shares are likely to be priced between Rs 1,750 and Rs 1,775. As a result, Protean eGov Technologies may experience movement. At the upper end of the pricing range, the total offer might come to Rs 221.9 crore.

Welspun Corp: Despite a 22.9 percent decline in sales to Rs 3,137.2 crore from Rs 4,069.3 crore, Welspun Corp recorded a 47.2% rise in profit to Rs 247.9 crore from Rs 168.5 crore.

UPL: The High Court of Australia ruled in favor of UPL, dismissing an appeal against its subsidiary Advanta and putting a stop to the Class Action concerning farmers’ claims of economic damage.

Balaji Amines: The company’s sales dropped 17% to Rs 384.7 crore from Rs 463.7 crore, while its profit dropped 32.7 percent to Rs 45.6 crore from Rs 67.7 crore.

Lemon Tree Hotels: Compared to Rs 27.5 crore in Q1 FY25, Lemon Tree Hotels’ earnings dropped by 26.9% to Rs 20.1 crore.

despite a 19.5% rise in sales to Rs 268 crore from Rs 224.2 crore in the same period last year (Q1 FY24).

Apollo Tyres: Revenue increased 1.4% to Rs 6,334.8 crore from Rs 6,244.6 crore, while profit down 23.9% year over year to Rs 302 crore from Rs 396.9 crore.

TVS Supply Chain Solutions: TVS Supply Chain Solutions has signed a three-year contract with JCB in India to oversee the logistics and warehousing operations at the company’s Vadodara factory.

TNPL: As a result of TIDCO withdrawing its candidacy, V Arun Roy has resigned from his positions as Chairman and Non-Executive Non-Independent Director of TamilNadu Petroproducts.