Stocks To Watch On 7 August 2026: Apollo Tyres, LIC, Siemens Energy India And More

Indian equity benchmarks ended higher on 6 August, supported by easing crude oil prices, strong quarterly earnings and gains in PSU banks. The BSE Sensex rose 374 points (0.48%) to close at 78,954.76, while the Nifty 50 edged up to 24,636, despite volatility caused by weekly derivatives expiry and the new closing auction mechanism.

Stocks In Focus

Apollo Tyres

Apollo Tyres reported a sharp improvement in its June quarter performance, with consolidated net profit rising to ₹348.9 crore from ₹12.9 crore in the corresponding period last year.

Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) posted an 8.2% year-on-year increase in Annualised Premium Equivalent (APE) to ₹13,692 crore, although the figure fell short of market expectations.

Siemens Energy India

Siemens Energy India delivered a strong set of quarterly numbers, with net profit climbing 67.8% year-on-year to ₹441 crore. Revenue rose 39.3% to ₹2,486 crore, while earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 72.1% to ₹585.7 crore. All three metrics came in ahead of market expectations.

NCC

Infrastructure company NCC reported a 12.6% increase in consolidated net profit to ₹216.4 crore for the June quarter. Revenue from operations rose 12.2% to ₹5,812 crore, while EBITDA increased 19.5% to ₹545 crore. The company's operating margin expanded to 9.38%, compared with 8.81% a year earlier.

Shipping Corporation of India

Shipping Corporation of India reported a strong quarterly performance, with net profit rising to ₹619 crore from ₹354 crore in the year-ago period. Revenue from operations increased 40% year-on-year to ₹1,847 crore.

Crompton Greaves Consumer Electricals

Crompton Greaves Consumer Electricals reported a 14.8% rise in consolidated net profit to ₹141 crore during the June quarter. Revenue from operations increased 11.8% year-on-year to ₹2,235 crore, reflecting steady growth across its product portfolio.

Finolex Industries

Finolex Industries reported a 16.7% increase in net profit to ₹114.5 crore for the June quarter, compared with ₹98.2 crore in the corresponding period last year.

EIH

Hospitality company EIH, which operates the Oberoi and Trident hotel brands, posted a consolidated net profit of ₹117.1 crore, representing a 246% year-on-year increase from ₹33.9 crore. The strong performance highlights continued recovery in the hospitality sector.

Signature Global

Real estate developer Signature Global slipped into a net loss of ₹16.5 crore during the June quarter, compared with a net profit of ₹34.4 crore a year earlier. Revenue from operations declined 36.2% to ₹552 crore, while the company reported an EBITDA loss of ₹44.7 crore, against an EBITDA profit of ₹33 crore in the previous year.

Lloyds Engineering Works

Lloyds Engineering Works reported a strong quarter, with profit attributable to shareholders more than doubling to ₹63.97 crore from ₹30.18 crore a year ago. Revenue from operations surged 142.9% year-on-year to ₹527.15 crore, indicating a significant increase in business activity.

Q1 Earnings To Watch

Several companies are scheduled to announce their June quarter earnings on 7 August, including:

• Afcons Infrastructure

• BEML

• CLC Industries

• Dalmia Bharat Sugar & Industries

• Godawari Power & Ispat

• Hinduja Global Solutions

• Ola Electric Mobility

• Oil India

Also Read - LIC Q1 FY 2026-27 Results: Net Profit Rises 23% To Rs 13,492 Crore, VNB Jumps 61%