Stocks to Watch, August 11: Tata Motors, Voltas, ICICI Bank, TVS Supply Chain, HPCL, BPCL, Bata India

Here is a list of stocks that may remain in focus today

Tata Motors' revenue from operations declined 2.5% to ₹1.04 lakh crore in the April-June period from ₹1.07 lakh crore in the year-ago period. The company's operating profit declined 33% to ₹10,224 crore, and its operating profit margin contracted to 9.79%.

Tata Motors' performance in the first quarter was impacted by a volume decline in all businesses and a drop in profitability primarily at JLR, the company said. JLR revenues were down by 9.2% to £6.6 billion with EBIT margins of 4.0% (-490 bps) affected by the US trade tariff impact.

The company’s consolidated total income declined 19.6% to ₹4,020.65 crore from ₹5,001 crore a year earlier. Revenue from operations was down 20.22% at ₹3,912.29 crore, compared to ₹4,903.91 crore in the April–June quarter of FY25.

Profit before tax came in at ₹203 crore, lower than the ₹452 crore reported in the corresponding period last year. Total expenses stood at ₹3,792.05 crore, a fall of 16.11% from the year-ago quarter.

"The quarter was marked by unseasonal and unpredictable weather conditions. The early monsoon delayed the onset of summer, kept temperatures relatively mild, and abruptly concluded the season. This resulted in a sharp decline in demand for cooling products, particularly in the case of air conditioners," Voltas said in its earnings statement.

Its revenue from operations also increased 16% to ₹40,118 crore during the quarter under review compared to ₹34,610 crore in the same period of the last year. The growth was driven by all-round growth across key businesses.

On the operation level, Grasim’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 37% to ₹6,087 crore in the reporting quarter as against ₹4,438 crore in Q1 FY25. The margin expanded to 15.17% in Q1 FY26 in contrast to 12.8% YoY.

The company had posted a consolidated loss after tax of ₹16 crore in the corresponding quarter last fiscal year, Wockhardt Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter was marginally down at ₹738 crore against ₹739 crore in the year-ago period.

Total expenses in the quarter under review were lower at ₹770 crore compared to ₹775 crore in the same period a year ago, the company said.

The global supply chain solutions provider had reported a consolidated profit after tax for Q1 FY26 at ₹71.16 crore in contrast to ₹7.47 crore during the corresponding quarter of the last financial year, registering a growth of 914% year-on-year (YoY).

Its revenue from operations during the quarter under review increased a little over 2% to ₹2,592 crore from ₹2,539 crore registered in the year-ago period.

On the operational level, the TVS Supply Chain’s earnings before interest, taxes, depreciation and amortisation (EBITDA) slipped 3% to ₹176 crore in Q1 of FY26 as against ₹181 crore in the year-ago period. The margin for the quarter also contracted to 6.7% in Q1 FY26 as compared to 7% in Q1 FY25.

The operating profit, or EBITDA, fell 3.8% to ₹489.6 crore for the quarter under review from ₹509 crore year-on-year. The margin, however, widened to 37.2% in Q1 FY26 in contrast to 33.6% in Q1 FY25.

Its revenue from operations surged 28.4% to ₹1,293 crore against ₹1,007 crore in the corresponding period of the preceding fiscal.

Power Mech Projects’ operating profit, also known as EBITDA, for the quarter under review increased 49% to ₹170.4 crore over ₹114.4 crore year-on-year. The EBITDA margin expanded appreciably to 13.2% from 11.3% in the year-ago quarter.

The minimum monthly account balance (MAB) is the minimum balance that a customer is required to maintain in the bank account. If the balance in the bank account falls below the required amount, then banks levy a penalty.

The minimum monthly average balance (MAB) for savings bank accounts till July 31, 2025, for ICICI Bank customers was ₹10,000. Similarly, MAB for semi-urban locations and rural locations have been increased five times to ₹25,000 and ₹10,000, respectively, according to information available on the ICICI Bank website.

In case account holders fail to meet the MAB, customers will be liable to pay penal charges of 6% of the shortfall in required MAB, or ₹500, whichever is lower.

According to the bulk deal data available on the NSE, Indian Continent Investment Ltd offloaded a total of 6 crore equity shares in two tranches, or a 0.98% stake in Bharti Airtel. The shares were disposed of in the price range of ₹1,870.40-1,871.95 apiece, taking the combined deal value to ₹11,227.05 crore.

After the latest transaction, ICIL's holding in Bharti Airtel has come down to 1.49% from 2.47%. Also, the holding of promoters has reduced to 50.27% from 51.25%.

The amount will be distributed among Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) by the Ministry of Petroleum and Natural Gas in 12 tranches, the government said in a statement.

The compensation will help the firms meet crude and LPG procurement needs, service debt and sustain capital expenditure, while ensuring continued availability of clean cooking fuel to households across the country, including those under flagship schemes like Pradhan Mantri Ujjwala Yojana (PMUY).