Stocks To Watch Today: Coforge, L&T, M&M, KEC International, Ajanta Pharma In Focus On May 6

Several companies, including Coforge, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), KEC International and Ajanta Pharma, will remain in focus on May 6 following quarterly earnings announcements and business updates.

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Other companies scheduled to remain on investors’ radar include Bajaj Auto, Brigade Enterprises, Blue Star, Godrej Consumer Products, Hexaware Technologies, One 97 Communications, Shree Cement, Radico Khaitan and Raymond Lifestyle.

Q4 Earnings Announcements

Coforge reported a consolidated net profit of ₹612 crore for the March quarter, compared with ₹250 crore in the corresponding quarter last year. Revenue rose to ₹4,450 crore from ₹4,232 crore. EBIT increased to ₹696 crore from ₹554 crore.

Ajanta Pharma posted a net profit of ₹267 crore during the quarter ended March 2026, up from ₹225 crore a year ago. Revenue increased to ₹1,422 crore from ₹1,170 crore. EBITDA came in at ₹333 crore, while EBITDA margin stood at 23.4% against 25.4% last year.

Larsen & Toubro reported a net profit of ₹3,737 crore for the fourth quarter, compared with ₹2,437 crore in the year-ago period. The company also announced a dividend of ₹33 per share.

Mahindra & Mahindra reported a net profit of ₹5,326 crore for the quarter ended March 2026 against ₹5,497 crore in the same quarter last year. Revenue increased to ₹82,762 crore from ₹74,392 crore. EBITDA stood at ₹8,610 crore, while EBITDA margin declined to 10.4% from 11%.

Stocks In News

Coforge said the merger with Cigniti Technologies has become effective after filing the National Company Law Tribunal order. The company said the record date for the share swap will be announced separately.

Cigniti Technologies said the company stands dissolved without winding up following the completion of the merger with Coforge. KEC International secured fresh orders worth ₹1,002 crore across transmission and distribution, transportation, renewables and cable businesses.

Vikran Engineering incorporated a wholly-owned subsidiary named Vikran Renewable for renewable energy and integrated solar projects. Kundan Mining & Metals said its subsidiary acquired a 99% stake in a mining company based in Mauritania.

Bulk And Block Deals

India Max Investment Fund sold 80,000 shares of Dhara Rail Projects at ₹124.66 per share. Pine Oak Global Fund sold 1.13 lakh shares of KRM Ayurveda at ₹235.62 per share.

Connect Fund sold 1.65 lakh shares of Macobs Technologies at ₹244.48 per share. Raman Talwar purchased 1.32 lakh shares in the transaction.

Corporate Actions

Odyssey Technologies will trade ex-dividend on May 6. Stylam Industries will trade ex-date for its buyback offer. Investors are expected to track quarterly earnings, order announcements and corporate developments for stock-specific movement during the trading session.