Stocks To Watch On May 8: Lenskart, Dabur India, Swiggy, MRF, South Indian Bank In Focus

Several companies including Lenskart, Dabur India, Swiggy, MRF, South Indian Bank and Cochin Shipyard are likely to remain in focus on May 8 due to quarterly earnings announcements, stake sale reports, regulatory approvals and fresh business developments.

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Q4 Results To Be Announced Today

More than 75 companies are scheduled to announce their Q4FY26 earnings on May 8. Key companies include State Bank of India, Titan Company, Tata Consumer Products, Swiggy, Hyundai Motor India, Bank of Baroda, ABB India, MCX, JSW Infrastructure, Kalyan Jewellers and Oberoi Realty. Companies reporting quarterly earnings are:

MRF

MRF reported a 38% year-on-year rise in net profit to ₹702 crore for the March quarter. Revenue increased 14% to ₹8,044 crore, while EBITDA rose 21.5% to ₹1,305 crore. EBITDA margin improved to 16.2% from 15.2% a year earlier.

BSE

BSE posted a 61% rise in net profit at ₹797 crore compared to the previous year period. Revenue climbed 85% to ₹1,563 crore. EBITDA stood at ₹1,061 crore, while EBITDA margin expanded to 68% from 57%.

Dabur India

Dabur India reported a net profit of ₹368.6 crore for the quarter ended March, up 15.2% year-on-year. Revenue rose 7.3% to ₹3,038 crore, while EBITDA increased 8% to ₹462 crore.

Thermax

Thermax posted a net profit of ₹244 crore, up 18.7% from the previous year. Revenue increased 12.5% to ₹3,428 crore, while EBITDA rose 53.8%.

Sonata Software

Sonata Software reported a 25.1% rise in net profit to ₹131 crore. Revenue increased 3.9% to ₹3,613 crore during the quarter.

Stocks In News

Corporate updates including stake sales, RBI approvals, order inflows and restructuring announcements are likely to keep several stocks active on May 8. Investors may track developments in companies such as Lenskart, Cochin Shipyard, South Indian Bank and Savita Oil Technologies through the session.

Lenskart

Lenskart may remain in focus after reports of a block deal worth nearly $350 million surfaced in the market. According to reports, around 7.02 crore shares were proposed to be sold at ₹470 per share.

Cochin Shipyard

Cochin Shipyard said its subsidiary Udupi Cochin Shipyard secured a domestic order from Ocean Sparkle Limited for construction of four ASD tugs.

South Indian Bank

South Indian Bank said the Reserve Bank of India approved Kotak Mahindra Bank to acquire up to 9.99% stake in the lender.

Gala Global Products

Gala Global Products informed exchanges that shareholders considered a proposal to initiate a pre-packaged insolvency resolution process or corporate insolvency resolution process under the Insolvency and Bankruptcy Code.

Savita Oil Technologies

Savita Oil Technologies approved the merger of wholly owned subsidiary Savita GreenTec Limited with the company as part of an internal restructuring exercise.

Bulk And Block Deals

Bandhan Mutual Fund purchased 3.80 lakh shares of Updater Services at ₹162.71 per share. Turnaround Opportunities Fund bought 1.50 lakh shares of Shankara Buildpro at ₹1,135 per share.

In Raymond Realty, Elixir Wealth Management acquired 7.62 lakh shares at ₹632.78 per share, while Subhashchandra Laxmichand Gandhi sold 4.19 lakh shares.

Several companies including KSB, Laurus Labs, National Aluminium Company and Sundram Fasteners also traded ex-dividend on May 8.

Market participants are expected to track earnings announcements, management commentary and corporate developments through the trading session.