Stocks to Watch on 6 May 2026: Coforge, Hero MotoCorp and More
- By Kotak News Desk
- 06 May 2026 at 10:36 AM IST
- Market News
- 4m
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Markets may remain volatile and stock-driven on 6 May amid Q4 earnings. Coforge, Tata Steel, Hero MotoCorp, Tata Motors, Cipla, Adani Green and L&T will remain in focus alongside key earnings announcements.
Indian equity markets are expected to remain stock-specific and volatile on 6 May 2026, as investors continue to react to a fresh wave of Q4 FY26 earnings, corporate updates, and mixed global cues. With benchmark indices showing signs of consolidation amid geopolitical concerns and external pressures, the focus has shifted sharply toward company-specific triggers rather than broad market direction.
Key Stocks In Focus
The company’s revenue increased from ₹4,232 crore to ₹4,450 crore, indicating 5% Quarter-on-Quarter (QoQ) growth. Moreover, the EBIT of the company increased by 26% on a QoQ basis to ₹696 crore.
The company reported a 28.8% year-on-year increase in revenue to ₹12,797 crore from ₹9,939 crore. EBITDA rose 31.1% to ₹1,857 crore compared to ₹1,416 crore in the previous year, while EBITDA margin improved to 14.5% from 14.2%. Net profit climbed 29.6% to ₹1,401 crore against ₹1,081 crore last year. The company also announced a final dividend of ₹75 per share and reappointed Pawan Munjal as Executive Chairman.
The Competition Commission has directed an in-depth investigation into Tata Motors over allegations that it misused its dominant position in relation to its dealership agreements.
Roche India has secured Emergency Use Authorisation (EUA) in India for its antibody cocktail comprising Casirivimab and Imdevimab. Following this approval, the company can import globally produced batches into the country. The treatment will be marketed and distributed in India through Roche’s strategic collaboration with Cipla Ltd.
The company posted a consolidated net profit of ₹104 crore in Q4FY26, compared to ₹56 crore in the corresponding period last year. Revenue climbed year-on-year to ₹986 crore from ₹696 crore.
The company’s board has cleared the Information Memorandum for the issuance of up to 7,500 listed unsecured NCDs worth ₹750 crore through a private placement route.
The company reported an 11.3% year-on-year rise in revenue to ₹82,762 crore from ₹74,392 crore. EBITDA increased 5% to ₹8,611 crore compared to ₹8,202 crore in the previous year, while EBITDA margin narrowed to 10.4% from 11%. Net profit declined 3.1% to ₹5,326 crore against ₹5,497 crore last year.
Bajaj Auto Limited, Godrej Consumer Products, Meesho and One 97 Communications are expected to release their Q4 results today.
Also Read - Pre-Market 6 May 2026
Sources
Moneycontrol
NDTV Profit
Economic Times
CNBC TV18
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.
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