Stocks To Watch Today: BEL, Axis Bank, Vedanta, Marico, M&M, Emcure Pharma

Defence Stocks: Bharat Electronics, Bharat Forge, BEML and Bharat Dynamics are in focus as the Defence Ministry has approved Rs 1.05 lakh crore in capital acquisitions, all under the 100% indigenous category.

Vedanta: The company reported total aluminium production of 6 lakh tonnes, marking a 1% year-on-year rise. Zinc International production grew by 50% to 57,000 tonnes, while Zinc India achieved its highest-ever mined metal production at 2.7 lakh tonnes, also up 1% year-on-year.

Bajaj Finance: The company delivered a strong first quarter financial year 2026 update. Its deposit book rose 15% year-on-year to Rs 72,100 crore. Assets under management increased 25% year-on-year to Rs 4.41 lakh crore, with first quarter AUM growing by around Rs 24,750 crore.

Yes Bank: The bank's loans and advances fell 2% quarter and quarter to Rs 2.41 lakh crore compared to the previous quarters Rs 2.46 lakh crore. Its deposits reduced 3% on a quarter-on-quarter basis to Rs 2.75 lakh crore from the March quarter's Rs 2.84 lakh crore.

Marico: The company’s consolidated revenue grew in the low twenties year-on-year for the first quarter of this fiscal. Parachute saw a slight dip in volumes due to input cost pressures. Saffola Oils posted high-twenties revenue growth, backed by mid-single-digit volume growth. The company expects margin pressures to ease in second half of fiscal 2026, helped by falling crude oil derivatives and policy support.

Bank of Baroda: The bank reported 10.7% year-on-year growth in global business to Rs 26.4 lakh crore in the first quarter. Global deposits rose 9.1% to Rs 14.4 lakh crore, and global advances increased 12.6% to Rs 12.1 lakh crore. Domestic advances and deposits grew by 12.5% and 8.1%, respectively.

Emcure Pharma: The company’s investor BC Investments will sell 45.5 lakh shares (2.4% equity) via block deal on Friday at Rs 1,225 per share, amounting to Rs 551 crore.

Torrent Pharma: The company acquired 2.4% equity in JB Chemicals for Rs 620 crore at Rs 1,600 per share and may acquire an additional 0.4%.

IEX: The company reported a 6.5% rise in electricity trading volumes to 10,852 million units in June. For the April–June quarter, volume increased by 15% to 32,382 million units.

ONGC: The company and Japan’s Mitsui O.S.K. Lines signed a Heads of Agreement to build, own, and operate two Very Large Ethane Carriers to ship imported ethane to ONGC Petro Additions.