Stocks To Watch On 7 May 2026: MRF, L&T, Paytm, Meesho And More
- By Kotak News Desk
- 07 May 2026 at 8:51 AM IST
- Market News
- 4m
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Indian markets may open higher on positive GIFT Nifty cues. Stocks including Meesho, L&T, Paytm, Bajaj Auto, Indian Bank, and Godrej Consumer gained attention after earnings, fundraising plans, and major order wins.
GIFT Nifty futures pointed to a positive opening for India’s benchmark equity markets on Thursday, 7 May 2026. At 6:53 AM, the futures traded at 24,481, reflecting a gain of 34 points over the previous session’s close.
Across Asian markets, Japanese equities surged over 4%, with the Nikkei 225 climbing past the 62,000 level for the first time even as tensions in the Middle East resurfaced. The index was last seen trading 4.39% higher. Australia’s S&P/ASX 200 also moved up 0.82%. Meanwhile, South Korea’s Kospi erased its early advances and slipped 1.11%.
Key Stocks In Focus
The e-commerce company significantly reduced its quarterly losses, posting a net loss of ₹166.3 crore in the March quarter, compared to ₹1,391.4 crore in the corresponding period last year and ₹490.7 crore in the previous quarter.
Aditya Birla Real Estate (ABREL)
The company posted a profit attributable to shareholders of ₹10.84 crore in Q4 FY26, compared to a loss of ₹131.01 crore recorded in Q4 FY25. However, revenue from operations fell 79.07% year-on-year to ₹82.61 crore during the quarter.
The private lender reported a 19.30% YoY rise in net profit to ₹408 crore for Q4 FY26, increasing from ₹342 crore in the same quarter last year.
The Chennai-based public sector lender plans to raise funds through a qualified institutional placement (QIP) in the third quarter of the ongoing financial year.
L&T has bagged its biggest-ever domestic metals sector contract from JSW Steel, providing a major boost to its Minerals & Metals business. The mega order, valued between ₹10,000 crore and ₹15,000 crore, includes engineering, procurement, and installation work for core facilities such as blast furnaces and steel melt shops.
The FMCG major registered a 9.7% YoY rise in net profit for Q4 at ₹452 crore, compared to ₹412 crore in the year-ago quarter, supported by consistent volume expansion and healthy performance across product categories.
Paytm’s parent company reported a net profit of ₹184 crore in Q4, marking a sharp recovery from a loss of ₹540 crore recorded in the corresponding quarter last year.
The Pune-based automobile manufacturer posted a 34% YoY increase in standalone net profit for the January–March quarter. The strong performance was driven by continued momentum in exports and an improved product mix across its two-wheeler and three-wheeler portfolio.
BSE, MRF, Britannia Industries, Dabur India and Aditya Birla Lifestyle Brands are expected to release their Q4 results today.
Also Read - Pre-Market 7 May 2026
Sources
Business Standard
NDTV Profit
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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