Key Stocks to Watch as Sensex, Nifty Eye Positive Start
- Colgate Palmolive posts 17% YoY profit drop; announces Rs 24 interim dividend.
- Hero MotoCorp partners with MotoGB to launch premium bikes in the UK.
- Defence stocks gain focus after DAC clears Rs 79,000 crore procurement proposals.
The Indian stock market is likely to open higher on Friday, tracking strong global cues and rising optimism around easing US-China trade tensions. Hopes of an upcoming India-US trade deal are also supporting sentiment. Investors are keeping a close eye on several key stocks that could see action today.
Colgate Palmolive (India): Colgate Palmolive reported a 17.1% year-on-year (YoY) drop in its Q2FY26 net profit to Rs 327.5 crore, while revenue declined 6.2% YoY to Rs 1,519.5 crore. The company’s EBITDA slipped 6.4% to Rs 465.4 crore, and its EBITDA margin slightly contracted to 30.6%. The FMCG giant declared its first interim dividend of Rs 24 per share for FY26.
Sagar Cements: The cement maker’s Q2FY26 loss narrowed to Rs 44.17 crore from Rs 56.98 crore a year ago. Revenue grew 26.7% YoY to Rs 601.9 crore, and EBITDA surged 157.6% YoY to Rs 51.3 crore, with margins improving to 8.52% from 4.19%.
Defence Stocks: Shares of defence-related companies are expected to stay in focus after the Defence Acquisition Council (DAC) approved procurement proposals worth about Rs 79,000 crore for the armed forces.
Hero MotoCorp: Hero MotoCorp announced a partnership with MotoGB to launch its premium motorcycles in the UK. The company will roll out its new Euro 5+ compliant range, featuring the much-awaited Hunk 440 model.
Kotak Mahindra Bank: The bank signed an MoU with the Department for Promotion of Industry and Internal Trade (DPIIT) to offer financial and non-financial support to startups across India, strengthening its role in India’s startup ecosystem.
Syrma SGS Technology & Premier Energies: Both companies have entered an agreement to jointly acquire 100% ownership of KSolare Energy in a 51:49 ratio for a total deal value of Rs 170 crore.
Kaynes Technology India: Kaynes’ subsidiary, Kaynes Singapore, has signed a pact with Frauscher Sensor Technology Group GmbH to acquire an additional 7% stake in Sensonic GmbH, further strengthening its global footprint.
NTPC Green Energy: The company has begun commercial operations of a 9.9 MW wind project in Bhuj, Gujarat, boosting its renewable energy portfolio.
Indian Hotels Company: The Tata Group hospitality firm invested $25 million in its Netherlands-based subsidiary, IHOCO BV, to support its global expansion plans.
Other Stocks in Focus: Hexaware Technologies appointed Eravi Gopan as President and Global Head for High Tech, Products, and Platforms. AGI Infra and Himatsingka Seide both approved fundraises of up to Rs 500 crore through equity issuance.
Overall, investors will track these developments closely as Indian markets look to extend their positive momentum.
