Stocks to watch, August 12: Manappuram Finance, L&T, Tata Motors, HAL, IRCTC, oil-linked stocks, SBI, NBCC

The domestic stock market is expected to open flat with a positive bias on Wednesday, August 12. The GIFT NIFTY futures suggest that the NIFTY50 index will open 13 points higher.

The uptick came amid renewed concerns over Middle East supply disruptions following doubts over a potential US-Iran peace deal and attacks on two ships, even as industry data showed a rise in US crude inventories.

Brent crude futures were last seen trading 72 cents, or 0.81%, higher at $89.63 a barrel, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.91 a barrel.

"We currently have 5-6 merger and acquisition deals in the pipeline, but are not targeting any market share," the official told PTI.

The bank has so far executed three deals under the RBI's newly introduced acquisition financing framework.

The facility is helpful for the banking sector, as it can attract clientele from sectors like the software industry, which typically does not need bank finance in the normal course, the official said.

The transfer will be carried out on a going-concern basis through a slump sale, the company said in a filing to BSE. The consideration, subject to closing adjustments, will be discharged through the issue of fully paid-up equity shares of Vyoma.AI.

"Consideration estimated to be ₹1,400 crore, subject to closing adjustments. The consideration for the ....transfer shall be discharged by Vyoma through issuance and allotment of fully paid-up equity shares of face value of ₹100 each to the company, based on the valuation determined by an independent valuer," the filing said.

The disruption is significant for the global alumina market, as Alunorte has an annual capacity of 6.3 million tonnes.

Higher aluminium prices could benefit domestic producers such as Hindalco and NALCO through better realisations and margins, although the impact will depend on the duration of the supply disruption.

Hindalco is an integrated aluminium producer with captive bauxite mining and alumina refining, while NALCO produces and sells alumina in addition to using a portion of it for its own aluminium production.

Revenue from operations increased 4.5% to ₹1,309.8 crore in the quarter under review. This marked the company's highest-ever first-quarter revenue, it said in a statement.

EBITDA grew 10.2% year-on-year to ₹140.1 crore, with the EBITDA margin expanding to 10.7% from 10.1%.

The company's closing order book stood at a record ₹9,216.6 crore as of June 30, up 8.4% from ₹8,501.9 crore in the year-ago period, it said.

Its net profit stood at ₹135.03 crore in the year-ago period.

Total income declined to ₹2,320.90 crore in the first quarter of this fiscal from ₹2,465.48 crore in the corresponding period of the preceding year, according to a regulatory filing.

NBCC is into project management consultancy and real estate.

The company had posted a profit of ₹132 crore in the corresponding quarter of the previous year.

Total income rose to ₹3,040 crore for the quarter under review from ₹2,265 crore in the April-June quarter of FY26, Manappuram Finance said in a regulatory filing.

The NBFC's interest income rose to ₹2,998 crore compared with ₹2,201 crore in the same quarter of the previous fiscal year.

Net Interest Income (NII) stood at ₹1,759 crore in Q1 FY27, registering 25% growth compared with ₹1,407 crore in Q1 FY26.

At the same time, total expenses increased to ₹2,259 crore as against ₹2,163 crore reported in the first quarter of the previous financial year.

It had posted a net profit of ₹52 crore in the previous April-June quarter a year ago, Bata India said in a regulatory filing.

Bata's revenue from operations was up 4% to ₹978.95 crore in the June quarter of FY27, helped by premiumisation and volume growth.

“Topline growth was driven by Average Selling Price (ASP) with margin expansion,” Bata said in its earnings statement.

Moreover, "continued focus on operational efficiency, disciplined cost management and sharper execution across channels” helped to lift profits.

During the company's earnings call, Vi CEO Abhijit Kishore said the company has already raised ₹6,400 crore as the first tranche of funds, including ₹1,183 crore from warrants and debt proceeds, through ECB and Indian private banks.

"We are hopeful of closing the discussion with the PSU banks led by SBI, as well as continuing work on other debt-raised streams," Kishore said.

The company has also placed fresh orders of around ₹9,000 crore for network expansion, out of which ₹1,930 crore was deployed in the June 2026 quarter, the CEO added.

The company had posted a net profit of ₹101.4 crore in the corresponding April-June quarter a year ago, according to a regulatory filing from EPL Ltd.

Its revenue from operations was at ₹1,387.9 crore in the June quarter of FY'27, up 25.27%. It was at ₹1,107.9 crore in the corresponding quarter.

The company delivered its "highest-ever top-line growth" despite significant external challenges and continued global market volatility, EPL said in its earnings statement.

The company had reported a net loss of ₹94.53 crore in the April-June quarter a year ago, Dish TV said in a regulatory filing.

Dish TV's revenue from operations was down 19.28% to ₹265.83 crore in the June quarter of FY27. It was at ₹329.36 crore in the corresponding quarter a year ago.

Dish TV's total expenses were ₹557.76 crore, up 31% in the first quarter of FY'27.

The company, formerly known as Akzo Nobel India Ltd, had posted a net profit of ₹91 crore in the corresponding April-June quarter a year ago, according to a regulatory filing. ​

Revenue from operations stood at ₹965 crore, down 2.82% year-on-year from ₹993.1 crore in Q1 FY26.

Meanwhile, the company’s board of directors on Tuesday approved a stock split in a 1:10 ratio. In a separate filing, JSW Dulux informed the stock exchanges that its board, in a meeting held on Aug 11, approved the sub-division of the company's existing equity shares, subject to shareholders' approval through a postal ballot and other required statutory or regulatory clearances.

The consolidated net profit was ₹50.07 crore in the quarter ended on June 30, 2025, an exchange filing stated.

Total income rose to ₹642.67 crore in the quarter from ₹375.87 crore in the same period a year ago.

The company, in a statement, said the project involves civil and hydro-mechanical works, along with associated ancillary and enabling works, required to make the undersluices of the concrete dam at the Salal Power Station that is fully functional and operational.

The contract has a duration of 27 months.

The Salal Power Station is one of NHPC's key hydroelectric assets.

According to the statement, the rehabilitation of its undersluices is expected to enhance the dam’s operational efficiency, improve sediment management and further strengthen its long-term safety and reliability.

Alpha Alternatives will also co-invest alongside DBL through the construction phase of both projects -- Mekhali Power Transmission and DBL Renewable -- taking on roughly 49% of the equity requirement, lowering as much capital DBL's parent balance sheet needs to commit to build the assets in the first place, the company's Strategy Head, Rohan Suryavanshi, told analysts in a concall on Tuesday.