Stocks To Watch On 7 May 2026: MRF, L&T, Paytm, Meesho And More

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

Meesho

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.

South Indian Bank

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.

Indian Bank

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.

Larsen & Toubro (L&T)

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.

Godrej Consumer Products Ltd

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.

One 97 Communications

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.

Bajaj Auto

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