Stocks to Watch Today, August 4: ITC, M&M, Bosch, DLF, Federal Bank, ABB India in Focus
Market opens higher today: Key updates on ITC earnings, PNB growth, Godrej Properties’ outlook, and ABB India profit drop.
Stock Market Today: Key Earnings and Major Corporate Updates for August 4
Indian equities are expected to open on a positive note Monday, with GIFT Nifty futures indicating a 54-point higher start for Nifty 50. Market focus will be on Q1 FY26 results from 96 companies, alongside key corporate developments.
📊 Key Earnings Today
Among the 96 companies set to report results are DLF, Bosch, Siemens Energy India, Marico, Aurobindo Pharma, Tata Investment Corporation, Sundaram Finance, Sona BLW Precision Forgings, Escorts Kubota, and Godfrey Phillips India.
🏢 Major Corporate Updates
🔹 ITC Ltd
ITC posted a consolidated profit of ₹5,343.41 crore in Q1, up from ₹5,176.99 crore last year. Revenue surged to ₹23,129.35 crore, led by strong performance in cigarettes, agribusiness, and FMCG. Total expenses rose 26.7% to ₹16,752.31 crore. Group firms including ITC Infotech, Surya Nepal, and ITC Hotels reported robust growth.
🔹 Punjab National Bank (PNB)
PNB aims to touch ₹30 lakh crore in total business by FY26-end. Its total business rose 11.6% YoY to ₹27.19 lakh crore in Q1, positioning it just ahead of Bank of Baroda (₹26.43 lakh crore) and Canara Bank (₹25.64 lakh crore).
🔹 Godrej Properties
Despite an 18% drop in pre-sales to ₹7,082 crore in Q1, the developer remains confident of achieving its ₹32,500 crore sales booking target for FY26. Chairperson Pirojsha Godrej cited strong housing demand and upcoming project launches as drivers.
🔹 Sirca Paints India
Sirca Paints posted a 39.2% profit rise to ₹14.20 crore, with revenue up 45.3% to ₹114.24 crore, supported by higher sales and margins.
🔹 Kalyan Jewellers
The jewellery retailer plans to open 170 new stores in FY26, including seven overseas, aiming to reduce debt. Total showrooms stood at 406 as of June 30, 2025.
🔹 Indian Hotels Company Ltd (IHCL)
Tata Group’s IHCL is expanding in the North East, with six new hotels (634 rooms) in the pipeline, aligning with India’s regional development push.
🔹 Mahindra & Mahindra (M&M)
M&M will manage rare earth magnet supplies through alternate sourcing for the next nine months amid Chinese export curbs. It has also completed the acquisition of a 58.96% stake in SML Isuzu Ltd, renamed as SML Mahindra Ltd.
🔹 Capri Global
The NBFC reported a profit jump to ₹175 crore, more than double last year’s ₹76 crore. Total income surged 41% to ₹582 crore, with AUM up 42% YoY to ₹24,754 crore.
🔹 ABB India
ABB’s profit fell 20% YoY to ₹352 crore, hit by forex volatility and higher costs. Revenue, however, rose to ₹3,175 crore.
🔹 Federal Bank
Net profit dipped 15% to ₹862 crore, citing margin compression and higher provisions. Other income hit a record ₹1,113 crore, boosted by treasury gains.
🔹 JK Lakshmi Cement
Posted a twofold profit rise to ₹149.88 crore, supported by higher volumes and lower fuel costs. Revenue increased 11.8% YoY to ₹1,763 crore.
🔹 GHV Infra Projects
Bagged a ₹2,645 crore EPC project from Rana Exim FZ-LLC to build a smart manufacturing hub in the UAE.
🔹 PC Jeweller
Reduced its net debt by 19% in four months to ₹1,445 crore and aims to become debt-free by FY26-end.
