Stocks to watch, May 29: Deepak Fertilisers, RIL, Wipro, TCS, Wockhardt, Ashok Leyland, Asian Paints

The reason shares will be in focus is that the IT company's ADRs, or American Depositary Receipts, jumped in the overnight trade on Wall Street.

The company, which posted a consolidated net profit of ₹1,245.92 crore in the corresponding period of the previous fiscal, said its board has provided in-principle approval for raising Rs 300 crore through issuance of non-convertible debentures on a private placement basis, Ashok Leyland Ltd said in a regulatory filing.

Consolidated revenue from operations in the fourth quarter stood at ₹17,246.44 crore as against ₹14,695.55 crore in the year-ago period, it added.

The drug, a combination of Zidebactam and Cefepime, has been approved for treating complicated urinary tract infections (UTI), including kidney infections, known as pyelonephritis, in adult patients.

The approval also covers cases where these infections are accompanied by Gram-negative bacteremia, a serious bloodstream infection caused by bacteria, according to a regulatory filing.

The regulatory nod is based on results from a global Phase 3 clinical trial called ENHANCE-1. The study compared Zaynich with meropenem, a commonly used antibiotic for severe bacterial infections, the company said in a release.

RIL said it was embedding artificial intelligence (AI) at the core of its media and entertainment empire as it seeks to position itself as the primary entertainment destination for every Indian, the company said in its latest annual report.

"AI will define the next era of entertainment and, as India's largest media & entertainment platform, Reliance has the responsibility to lead this transformation -- reimagining everything from script to screen and from idea to experience," it said.

Reliance Media & Entertainment vertical, which includes JioStar, Jio Studios, and Network18, delivered record-breaking metrics in viewership, engagement, and monetisation in FY26.

The revenue from operations of Reliance's media and entertainment vertical was at ₹34,917 crore, up almost twofold in FY26. This was at ₹17,762 crore a year before.

The Pune-based company had posted a net profit of ₹277.86 crore in the year-ago period, according to a regulatory filing.

Total income for the January-March period rose 11% to ₹3,017.46 crore from ₹2,716.99 crore logged a year earlier, and the expenses shot up 19.16% to ₹2,856.38 crore from ₹2,396.99 crore.

For the full 2025-26 fiscal year, the net profit declined 22% to ₹738.76 crore from ₹944.67 crore seen in the previous year.

Chairman and Managing Director S C Mehta said the previous quarter reflected a challenging backdrop with global supply chain disruptions and with the war-led elevated input costs being gradually pass through across key segments.

The company had posted a profit of ₹11.57 crore in the same period of the previous year, Lincoln Pharmaceuticals said in a statement.

Revenue from operations rose by 13.5% to ₹183.08 crore in the quarter under review compared to ₹161.30 crore reported in the last quarter of FY25, it added.

For the full 2025-26 fiscal, Lincoln Pharma reported over 6% growth in consolidated net profit to ₹87.89 crore compared to the net profit of ₹82.35 crore in FY25.

Revenue from operations for FY26 was reported at ₹704.48 crore as compared to revenue of ₹645.71 crore reported in FY25, registering a growth of 9.10% YoY, the statement said.

The company said its board has recommended a dividend of 18%, ₹1.80 per share on the face value of ₹10 per share for the FY 2025-26.

The Delhi-based company had posted a net profit of ₹13.89 crore in the year-ago period, according to a regulatory filing.

Total income for the January-March quarter rose 19% to ₹426.25 crore from ₹358.92 crore in the year-ago period. Expenses rose to ₹414.42 crore from ₹339.75 crore in the said period.

For the full 2025-26 fiscal, the net profit declined 1.83% to ₹139.41 crore from ₹142.01 crore in the previous year. Total income increased marginally to ₹2,140 crore from ₹1,999.94 crore seen in the said period.

The company had posted a profit of ₹45.40 crore in the January-March period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan.

Its revenue from operations was up 18.67% to ₹215.53 crore in the March quarter compared to ₹181.61 crore in the corresponding period a year ago. Total expenses were at ₹156.38 crore, down 4.7% year-on-year, in the March quarter.

It had reported a net profit of ₹4.82 crore during the same quarter a year ago, the company said in an exchange filing on Wednesday.

During the January-March period, the company's total income rose to ₹1,014.52 crore from ₹808.02 crore seen in the same quarter of the preceding fiscal.

The Board of Directors recommended a final dividend of ₹0.60 per equity share for the financial year ended March 31, 2026, subject to the shareholders’ approval.

Bajel Projects Limited specialises in power infrastructure.

The company had reported a profit after tax of ₹156.10 crore in the corresponding January-March quarter of the previous fiscal year, according to a regulatory filing from Procter & Gamble Hygiene and Health Care Ltd (PGHH).

Revenue from operations of PGHH was down 5% to ₹941.32 crore in the March quarter of FY26. It was at ₹991.83 crore in the corresponding period a year ago.

PGHH, a listed entity of Procter & Gamble India, operates in the healthcare and feminine care segment with brands Vicks and Whisper in its portfolio.

PGHH's total expenses were at ₹735.68 crore, down 7.8% in the March quarter.

"We have substantial real estate, both inherited and purchased over the period of 70 years that we have been operating. It is used both for our own use and as an investment that earns returns for us.

"We look at each piece of real estate as an investment. As part of the asset, we expect each property to contribute towards the returns for the policyholders as well as shareholders," LIC CEO and MD R Doraiswamy told PTI in an interview.

With this, TCS claims to have become the first global system integrator that will leverage Mistral Forge to build custom AI models for enterprises.

"Tata Consultancy Services (TCS)... announced a landmark strategic partnership with Mistral, one of the world's leading AI companies. As part of this collaboration, TCS has become the first global systems integrator partner for Mistral Forge, Mistral's advanced system for enterprises to build frontier-grade AI models grounded in their proprietary enterprise knowledge and domain-specific data," the IT firm said in a statement.

The company had posted a net profit of ₹20.34 crore in the year-ago period.

Total income increased to ₹335.18 crore during the January-March period of the 2025-26 fiscal from ₹229.48 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday.

During FY26, the company's net profit surged to ₹117.89 crore from ₹18.24 crore in the preceding year. Total income increased to ₹1,187.47 crore against ₹557.45 crore in FY25.

This comes as EV penetration in the two-wheeler segment is nearing 7%, the company said on Thursday.

According to the company, its EV subsidiary Tirex's revenue crossed the ₹100 crore mark during the previous fiscal.

The Hinduja Group firm Gulf Oil Lubricants on Wednesday had reported a 3.46% dip in the consolidated Profit After Tax (PAT) to ₹89.59 crore for the March quarter. The company had recorded a consolidated PAT of ₹92.80 crore in the last quarter of FY25.

The airport operator had incurred a loss of ₹252.66 crore in the year-ago period.

In the fourth quarter of the 2025-26 financial year, total income climbed to ₹4,042.90 crore from ₹2,976.76 crore in the same period a year ago, according to a regulatory filing.

The company, which operates airports at Delhi, Hyderabad, and other cities, also posted a profit of ₹472 crore for the fiscal year ended March 2026 -- the first time it has recorded full-year profitability in more than a decade.

The company had posted a net profit of ₹33.26 crore in the year-ago period.

Total income rises to ₹199.06 crore during the January-March period of 2025-26 fiscal from ₹134.34 crore in the corresponding period a year ago, according to a regulatory filing on Wednesday.

Mumbai-based Arkade Developers posted a net loss due to "diminution in value of tenancy rights" to the tune of ₹182.17 crore during the fourth quarter of the last fiscal.

The Pune-headquartered company made the announcement with the launch of 'Finserv Intelligence', a strategic initiative in applied research and innovation, focused on high-tech, low unit-cost, highly scalable solutions, built in India, as per an official statement.

"Bajaj Finserv companies will invest ₹1,500-₹2,000 crore over a five-year period in startups and early-stage companies with strong scalability potential across AI, cybersecurity, quantum technologies, fintech, and consumer technology platforms," the statement said.

Its revenue from operations was down 5.73% at ₹485.48 crore in the March quarter compared to ₹515.01 crore in the corresponding quarter a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL).

JPL's total expenses were down 21.9% to ₹453.05 crore in the March quarter of FY26.

Its revenue from printing, publishing, and digital was at ₹374.18 crore, marginally down in the fourth quarter of FY26.

JPL's revenue from the FM radio business was down 25.38% to ₹40.79 crore in Q4 of FY26.

The company had reported a loss of ₹293 crore in the year-ago period and a profit of ₹100.51 crore in the preceding quarter, according to a regulatory filing.

Physicswallah's revenue from operations jumped 50.7% to ₹918.8 crore in Q4 FY26 from ₹609.6 crore seen in Q4 FY25.

Sequentially, its revenue fell 15%.

Its total expenses increased from ₹963.69 crore in Q4 FY25 to ₹1,035.19 crore in Q4 FY26.

"With a growing paid user base, expanding phygital infrastructure, and deeper AI integration across its ecosystem, PW enters FY27 with strengthened fundamentals and continued focus on sustainable, technology-led growth," Physicswallah said in a statement.

The agreement, signed for a period of 10 years, will see commercial supplies commence by the end of calendar year 2027, the company said in a statement.

JTRWF said its upcoming greenfield manufacturing facility in Odisha, being developed with an estimated investment of ₹3,000 crore, will have a planned annual production capacity of 1 lakh wheelsets and is expected to export around 50,000 wheelsets annually to the European market.

In the January-March (Q4) FY26, its revenue from operations increased to ₹183.70 crore from ₹177.32 crore in Q4 FY25.

Its total expenses rose to ₹130.71 crore from ₹115.23 crore a year ago, a regulatory filing showed.

Throughout the year, the group acquired control of Zillion Hotels and Resorts Private Limited, Fisherman's Grove Resorts Private Limited, and Thali Hotels and Destinations Private Limited to expand the company's hospitality footprint in high-potential tourism destinations, Mumbai and Kerala.

Under the agreement, REC Limited and ERDA will collaborate on third-party quality testing of materials used in RDSS projects, technical support, capacity-building initiatives, and development of robust quality assurance frameworks.

The collaboration aims to ensure that materials deployed in RDSS work conform to prescribed standards and contribute towards enhanced operational reliability and efficiency of the power distribution network across the country.