Stocks To Watch Today: JSW Steel, Tata Steel, Zee, NTPC, Pharma Companies

NTPC and Puravankara are also some of the stocks to watch on Wednesday.

Stocks To Watch on Wednesday  (Image: Canva stock)

JSW Steel Ltd., Tata Steel Ltd., Union Bank of India and Varroc Engineering Ltd. are some of the stocks to watch on Wednesday.

Following the US President Donald Trump's threat to slap 200% tariffs on pharmaceutical products, companies like Gland Pharma Ltd., Aurobindo Pharma Ltd., Dr. Reddy's Laboratories Ltd., Zydus Lifesciences Ltd., Lupin Ltd., Glenmark Pharmaceuticals Ltd., Sun Pharmaceuticals Industries Ltd., Cipla Ltd. and Torrent Pharmaceuticals Ltd. will be in focus on Wednesday.

Here are the notable corporate announcements released after Tuesday's market hours:

  • JSW Steel: The company's consolidated crude steel production for the first quarter of fiscal 2026 stood at 7.26 million tonnes. The crude steel production was higher by 14% year-on-year. However, it was lower by 5% quarter-on-quarter primarily due to planned maintenance shutdowns of blast furnaces during the quarter.

  • Tata Steel: The company reported a slight year-on-year dip in crude steel production to 5.26 MT in the first quarter of fiscal 2026, while deliveries declined by 3.8% to 4.75 MT due to maintenance shutdowns at Jamshedpur and Neelachal Ispat Nigam.

  • Union Bank of India: The bank has demonstrated a steady business performance as of June 30, with its total business reaching 22.1 lakh crore, marking a 5% year-on-year growth. This expansion was driven by a 3.6% year-on-year increase in total deposits, reaching 12.4 lakh crore, with domestic deposits contributing significantly to this figure.

  • Varroc Engineering: The company and its arm VarrocCorp Holding received an $66.4 million arbitration order from ICC International Court. The order was initiated by Opmobility lighting holding pertaining to alleged breaches of covenants under SPA executed in April 2022.

  • Zee Entertainment: The company's shareholders approved the appointment of Saurav Adhikari as the non-executive, non-independent director and Divya Karani as the non-executive, independent director.

  • Ashoka Buildcon: The company's arm has submitted Rs 1,391 crore financing documents to NHAI for the development of a four lane corridor.

  • Signatureglobal (India): The company reported a pre-sale of Rs 2,640 crore during the first quarter of fiscal 2026, a decline of 15% year-on-year. During the quarter, the average sales realisation stood at Rs 16,296 per sq. ft. in first quarter of fiscal 2026 as against Rs 12,457 per sq. ft. in the financial year 2025.

  • NTPC: The company's arm has commissioned Unit II (250 megawatt) of the tehri pumped storage project, effective from July 10. With this, the arm's total commercial capacity has increased to 2,747 MW.

  • Puravankara: The company has been selected as the developer for the re-development of eight residential societies in Mumbai. The estimated gross development value stands at Rs 2,100 crore.

  • Ola Electric Mobility: The company has announced the mass rollout of its MoveOS 5 software. MoveOS is the company's proprietary and in-house developed software for both its S1 range of scooters and the recently launched Roadster X motorcycles.

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