return to news
  1. Stocks to watch, May 21: Engineers India, ITC, Reliance Industries, LIC, Lenskart, Anant Raj, IGIL

Market News

Stocks to watch, May 21: Engineers India, ITC, Reliance Industries, LIC, Lenskart, Anant Raj, IGIL

Swati Verma

7 min read | Updated on May 21, 2026, 08:51 IST

SUMMARY

Stocks to watch: Lenskart Solutions, on Wednesday, May 20, reported its earnings for the January-March quarter of the 2025-26 financial year (Q4 FY26), posting an 8.49% year-on-year (YoY) decline in its consolidated net profit to ₹200.28 crore.

Stocks in focus, May 21

The GIFT NIFTY futures suggest that the NIFTY50 index will open 130 points higher. Image: Shutterstock

Stocks to watch: The domestic stock market is expected to see a gap-up start to trading on Thursday, May 21. The GIFT NIFTY futures suggest that the NIFTY50 index will open 130 points higher.
Open FREE Demat Account within minutes!
Join now
Here is a list of stocks that may remain in focus today.
Earnings today: Over 180 companies are slated to announce their March quarter (Q4 FY26) numbers today. The list includes names such as ITC, LIC, LG Electronics India, GAIL India, Aurobindo Pharma, Nykaa, Prestige Estates Projects, Page Industries, Welspun Corp, Emami, Bikaji Foods International, Engineers India, Honasa Consumer, and Reliance Power, among others.
Data centre stocks: Shares of data centre-linked stocks such as Anant Raj, E2E Networks, and Netweb Technologies are likely to remain in focus on Thursday, May 21, following AI giant Nvidia's strong Q1 performance.

Nvidia’s earnings are closely tracked globally, as the company’s GPUs power a majority of AI workloads and large-scale data centres worldwide. Strong results from the chipmaker are often considered a positive signal for the broader AI and data centre ecosystem, including Indian companies linked to AI infrastructure, GPU cloud services, servers, and data centres.

As a result, stocks such as Anant Raj, E2E Networks, and Netweb Technologies could see heightened investor interest, given their exposure to India’s fast-growing AI and digital infrastructure space.

Lenskart: Lenskart Solutions, on Wednesday, May 20, reported its earnings for the January-March quarter of the 2025-26 financial year (Q4 FY26), posting an 8.49% year-on-year (YoY) decline in its consolidated net profit to ₹200.28 crore.

In the same period of the 2024-25 fiscal year, it had logged a profit of ₹218.88 crore, according to a regulatory filing.

Its revenue from operations soared 45.62% YoY to ₹2,515.7 crore during the quarter under review, compared to ₹1,727.57 crore in Q4 of FY25, driven by sustained volume expansion and new customer addition.

In Q4, its India revenue grew 44.1% YoY, while international revenue surged 35.4% YoY.

Jubilant Foodworks: Quick service restaurant chain operator Jubilant Foodworks, on Wednesday, May 20, reported a 66.23% year-on-year (YoY) jump in its consolidated net profit to ₹79.79 crore in the fourth quarter ended March 31, 2026.

The company, which operates chains like Domino's, Popeyes, and Hong's Kitchen, had posted a consolidated net profit of ₹48 crore in the corresponding quarter of the preceding fiscal, Jubilant FoodWorks Ltd (JFL) said in a regulatory filing.

Reliance Industries (RIL): The Andhra Pradesh government on Wednesday approved the allotment of over 800 acres of land in the Vizianagaram district to Reliance Industries Ltd at a discounted rate of 25% for the establishment of a Giga Scale AI Data Centre (AIDC) with a Cable Landing Station at an investment of over Rs 1 lakh crore.

IT Secretary Bhaskar Katamneni directed the Andhra Pradesh Industrial and Infrastructure Corporation (APIIC) and Vizianagaram district administration to identify an additional acre of land suitable for the Cable Landing Station (CLS).

“The government accords approval for the allotment of 854.97 acres of land in Vizianagaram district to Reliance Industries Limited at a 25% discounted rate… The land allotment is intended for the establishment of a Giga-Scale AIDC with CLS, with a proposed cumulative investment of ₹1.08 lakh crore,” said Katamneni in a Government Order (GO).

JK Lakshmi Cement: JK Lakshmi Cement Ltd on Wednesday reported a 28.67% decline in its consolidated net profit to ₹125.06 crore for the March quarter of 2025-26 compared to the same period of the previous fiscal.

The company had posted a net profit of ₹175.35 crore in the January-March period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKLC), a flagship company of the JK Organisation.

Its revenue from operations was flat at ₹1,901.53 crore in the March quarter. It was at ₹1,897.62 crore in the year-ago period.

Total expenses of JKLC were at ₹1,752.32 crore, up 5% in the March quarter of FY26. Its sales volume was up 8.3% to 3.89 million tonnes in the fourth quarter of FY '26.

JKLC’s total income, which includes other income, was up 1.4% to ₹1,939.77 crore.

Aditya Birla Capital (ABCL): The company will raise ₹4,000 crore through a preferential share issue to its promoter group and the International Finance Corporation (IFC), as the financial services arm of the Aditya Birla Group prepares for the next phase of expansion in lending and digital financial services.

The company’s board on Thursday approved the allotment of ₹2,880 crore worth of shares to promoter Grasim Industries, ₹200 crore to group entity Suryaja Investment Pte in Singapore, and ₹920 crore to IFC at ₹356.02 a share, subject to shareholder and regulatory approvals.

JSW Energy: Shares will be in focus as the company has launched a qualified institutional placement (QIP) to raise funds. The company plans to raise up to ₹4,000 crore through this share sale to eligible institutional bidders.
Saatvik Green Energy: Saatvik Green Energy on Wednesday reported over a 36% dip in consolidated net profit to ₹60.42 crore in the March quarter compared to the year-ago period due to higher expenses.

The consolidated net profit was ₹94.71 crore in the quarter ended on March 31, 2025, a regulatory filing showed.

Total expenses rose to ₹1,538.84 crore in the quarter from ₹790.29 crore in the same period a year ago.

Total income also increased to ₹1,616.61 crore in the quarter from ₹921.95 crore a year ago.

During the fiscal year, the consolidated net profit rose to ₹357.11 crore from ₹217.14 crore in the previous year. Total income in the fiscal year rose to ₹4,587.99 crore from ₹2,192.46 crore the previous year.

IGIL: The International Gemological Institute Ltd (IGIL) on Wednesday posted a 27.62% rise in consolidated net profit to ₹179.59 crore for the fourth quarter of the 2025-26 fiscal year on higher income.

The Mumbai-based company had reported a net profit of ₹140.72 crore in the year-ago period, according to a regulatory filing.

Total income for the January-March quarter rose 23.5% to ₹386.79 crore from ₹313.21 crore in the same period a year ago, while expenses increased to ₹148.25 crore against ₹121.74 crore.

For the full 2025-26 fiscal year, the company reported a 66.44% surge in net profit to ₹711.19 crore from ₹427.29 crore in the preceding financial year.

Bosch Ltd: Technology and services supplier Bosch Ltd on Wednesday reported a 3% rise in consolidated net profit at ₹568.5 crore in the fourth quarter ended March 2026 (Q4 FY26).

The company, which had posted a consolidated net profit of ₹553.6 crore in the corresponding quarter of the previous fiscal, said its board has approved a joint venture with TSF Group firms Wheels India Ltd and Brakes India Pvt Ltd for the development and production of solutions for the commercial vehicle air system segment.

Consolidated revenue from operations in the fourth quarter stood at ₹5,565.7 crore as against ₹4,910.6 crore in the same period a year ago, Bosch Ltd said in a regulatory filing.

Overall product sales of the mobility segment increased by 23.3% compared to the same quarter of the previous year. Power solutions business grew by 27.4% mainly on account of robust growth in the overall automotive market, the company said.

With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial adviser before making any investment decisions.

About The Author

Swati Verma
Swati Verma is a business journalist with over 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

Next Story