Stocks to Watch on August 13: IRCTC, Paytm, Nykaa & More
By : Krishna Mishra
The domestic equity market is expected to open higher on Wednesday, with GIFT NIFTY futures indicating a 78-point gain for the NIFTY50 index. Around 539 companies are set to announce their June quarter earnings, including major names like BPCL, Max Healthcare, Muthoot Finance, United Spirits, Vishal Mega Mart, IRCTC, Jubilant Foodworks, Engineers India, Hindustan Copper, and Pfizer.
Key Highlights:
FSN E-Commerce (Nykaa):** Reported a 79% year-on-year rise in consolidated net profit to ₹24.47 crore for Q1 FY26. Total income grew to ₹2,164 crore, driven largely by a 24% revenue increase in the beauty segment.
Nazara Technologies: Posted a doubling of net profit to ₹51.3 crore and revenue nearly doubled to ₹499 crore for the June quarter, fueled by a stronger focus on IP-led gaming and expansion efforts.
NHPC: Saw a 3% rise in net profit to ₹1,131 crore in Q1 FY26 due to higher income. The company commissioned the 800 MW Parbati-II Project and part of the 300 MW Kamisar Solar Power Project.
Paytm: Paytm Payments Services received in-principle approval from the Reserve Bank of India to operate as an online payment aggregator, lifting previous restrictions on onboarding new merchants.
NSDL: Reported a 15% increase in Q1 net profit to ₹90 crore, despite a 7% decline in revenue to ₹312 crore.
Solar Panel Manufacturers: Shares of Waaree Energies and Premier Energies are expected to be in focus as the US Department of Commerce initiates anti-dumping investigations on solar imports from India and other countries.
HUL:Received shareholder approval to demerge its ice cream business, including brands like Kwality Wall’s and Magnum, into a separate listed entity.
Investors will be closely watching these stocks amid ongoing market developments and earnings announcements.