Stocks To Watch On 12 May 2026: JSW Energy, Ather Energy, Indian Hotels and More

By Kotak News Desk
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12 May 2026 at 8:53 AM IST
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Market News
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Summary

Markets extended losses for a third session. JSW Energy, Satin Creditcare, Indian Hotels and JBM Auto posted strong earnings, while Ather, Afcons Infra and Heritage Foods remained in focus on key developments.

Indian equity benchmarks closed sharply lower on Monday, recording their third straight day of losses as widespread selling across sectors weighed heavily on sentiment. Banking, auto, and energy stocks emerged as the biggest drags. The Nifty 50 fell 360.30 points, or 1.49%, to 23,815.85, while the Sensex plunged 1,312.91 points, or 1.70%, to 76,015.28.

Key Stocks In Focus

JSW Energy

The company reported a strong operational performance, with revenue rising 41% year-on-year to ₹4,499 crore from ₹3,189 crore. EBITDA surged 86.9% to ₹2,251 crore, while EBITDA margin expanded sharply by 1,220 basis points to 50.0% from 37.8%.

Ather Energy

The company announced on Monday that cumulative sales of its Rizta electric scooter have surpassed 3 lakh units within two years of its launch, making it the brand’s highest-selling model.

Satin Creditcare Network

The company reported a sharp rise in financial performance, with total income climbing 49.6% year-on-year to ₹923 crore from ₹617 crore. Net profit also surged significantly to ₹162 crore compared to ₹21.9 crore in the year-ago period.

Indian Hotels

The company posted a solid performance for the fourth quarter, with consolidated net profit increasing 14.9% year-on-year to ₹600 crore from ₹522.3 crore in the same period last year. It also declared a dividend of ₹3.25 per share for eligible shareholders.

JBM Auto

The company delivered a stable fourth-quarter performance, posting an 11.9% year-on-year increase in consolidated net profit to ₹74.2 crore, up from ₹66.3 crore in the corresponding quarter of the previous year.

Afcons Infrastructure

The company stated that it has been informed of the client’s decision to identify it as the preferred bidder for a project involving the rehabilitation and construction of a railway line in Croatia.

Heritage Foods Ltd

The dairy company posted a 36.7% year-on-year drop in consolidated net profit for the fourth quarter at ₹24.16 crore, compared to ₹38.17 crore in the corresponding period of the previous year.

Other companies that are worth tracking today due to their Q4 FY26 result declarations are Dr Reddy’s Laboratories, MTAR Technologies, Nazara Technologies, and Bharat Petroleum Corporation.

Also Read - Pre-Market 12 May 2026

Sources

NDTV Profit

CNBC

Economic Times

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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