Stocks to Watch: GAIL, IndusInd Bank, Mazagon Dock Shipbuilders, Adani Total Gas and more

Mazagon Dock Shipbuilders | The company posted a 35% year-on-year decline in net profit to ₹452 crore from ₹696 crore a year earlier. Revenue rose 11.4% YoY to ₹2,625.5 crore from ₹2,357 crore, while EBITDA dropped 53% to ₹301 crore compared with ₹642 crore last year. Operating margin fell sharply to 11.4% from 27.4% YoY, reflecting higher costs and lower operational efficiency.

Adani Total Gas | The company reported a 21% increase in revenue to ₹1,498 crore in Q1FY26 compared to ₹1,239 crore in the same period last year. However, the company’s net profit, earnings before interest, taxes, depreciation, and amortisation, and operating margin contracted during the June quarter. While EBITDA was down 0.7% to ₹293.6 crore, the EBITDA margin narrowed to 19.6% from 23.8% last year. Net profit for the first quarter fell 3.8% to ₹165.2 crore over the year-ago period.

Paradeep Phosphates | Fertiliser company reported that its first quarter net profit jumped 4,726.4% year-on-year (YoY) at ₹255.8 crore, up from ₹5.3 crore in Q1FY25. Revenue from operations for the April-June quarter spiked 57.9% to ₹3,754 crore against ₹2,377 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA zoomed 216.7% YoY to ₹466 crore over ₹147 last year. The EBITDA margin widened to 12.41% in the reporting quarter compared to 6.18% year-on-year.

Waaree Energies | Solar equipment manufacturer reported a healthy performance for the April–June quarter of FY26, with consolidated net profit rising 20.3% sequentially to ₹745 crore, compared to ₹619 crore in Q4FY25. The company also saw a significant boost in operating performance, aided by improved efficiency and cost control. EBITDA came in at ₹997 crore, up 73.4% quarter-on-quarter from ₹575 crore, signalling a sharp jump in operating leverage.

KEC International | The company reported a healthy set of numbers for the April–June quarter of FY25, with net profit rising 42.3% year-on-year to ₹125 crore, compared to ₹87.6 crore in the same quarter last year. The company’s consolidated revenue grew 11.3% YoY to ₹5,023 crore from ₹4,512 crore a year ago, driven by continued momentum across segments. Operating performance also improved significantly.

RailTel Corporation | Railway PSU reported a 36% year-on-year (YoY) jump in net profit at ₹66 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, it had posted a net profit of ₹48.6 crore. Revenue from operations surged 33.2% to ₹743.8 crore against ₹558 crore in Q1FY25. The company’s EBITDA was up 28% to ₹133 crore in the June quarter over ₹104 crore last year, while the operating margin narrowed to 17.89% versus 18.6% in the year-ago quarter.

PNC Infratech | Infrastructure company said it has emerged as the L1 (first lowest) bidder for a mining services contract floated by South Eastern Coalfields Limited (SECL), Bilaspur, Chhattisgarh. The project involves handling, transport, and other mining services, including hiring of HEMM for overburden removal and coal extraction by surface miner, along with loading and transportation of extracted coal to various destinations at the Gevra OCP expansion project in Chhattisgarh.

Go Digit | New-age general insurance company reported a 36.6% year-on-year rise in profit after tax at ₹138 crore for the first quarter ended June 30, 2025, compared to ₹101 crore in the same period last year. Profit before tax increased 59.4% to ₹161 crore from ₹101 crore a year ago. Gross written premium (GWP) for the quarter stood at ₹2,982 crore, up 12.1% from ₹2,660 crore in Q1FY25.

Omaxe | Real estate major announced that it has secured ₹500 crore in funding from funds managed by Oaktree Capital Management L.P., a global leader in alternative investments. The capital infusion is expected to accelerate project construction, improve delivery timelines, and strengthen the company’s expansion plans across key Indian markets.

Sona BLW | The company has issued a sharp rebuttal to the public appeal made by Rani Kapur, mother of the late chairman Sunjay Kapur, asserting that she has had no role, direct or indirect, in the company since at least 2019. The company clarified that Rani Kapur is neither a shareholder, director, nor officer of the company, and therefore, “has no locus standi on any matter related to the company.”

Torrent Pharmaceuticals | The company’s net profit climbed 19.9% year-on-year to ₹548 crore, up from ₹457 crore in the same period last year. The rise in profit was driven by steady topline growth and improved operational efficiency. Revenue grew 11.2% to ₹3,178 crore from ₹2,859 crore a year ago, supported by continued momentum in the company’s India and Brazil businesses. EBITDA for the quarter stood at ₹1,032 crore, marking a 14.2% rise over ₹904 crore last year. Operating margins also improved to 32.4% from 31.6% on a year-on-year basis.

Motherson Sumi Wiring | The company reported a 4% year-on-year (YoY) drop in net profit to ₹143 crore for the June quarter, despite strong revenue growth of 14.2% to ₹2,494 crore, driven by new model launches and higher content per vehicle. The Noida-based auto components maker said its EBITDA for the quarter rose 2.3% YoY to ₹244.2 crore from ₹238.7 crore. However, operating margins narrowed to 9.8% from 10.9% the previous year, largely due to ramp-up costs at new Greenfield projects.

ONGC | State-owned company, along with BP Exploration (Alpha) Ltd and Reliance Industries Limited (RIL), on Monday, July 28, said it has entered into a joint operating agreement (JOA) for the offshore exploration of Block GS-OSHP-2022/2. The block was awarded under the Open Acreage Licensing Policy (OALP) bid round 9. Located off the western coast in the Saurashtra Basin, the block covers an area of approximately 5,454 square km and falls under category-II basins.

Quess Corp | Business services provider reported a 3.8 % year-on-year (YoY) increase in net profit at ₹50.9 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Quess Corp posted a net profit of ₹49.1 crore. The company’s revenue from operations was up 1.8% to ₹3,651 crore as against ₹3,587 crore in the corresponding period of the preceding fiscal.

Bajaj Healthcare | The company reported a 65.9% year-on-year (YoY) jump in net profit at ₹11.8 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Bajaj Healthcare posted a net profit of ₹7.1 crore. The company’s revenue from operations increased 12.5% to ₹149 crore as against ₹132 crore in the corresponding period of the preceding fiscal.