Stocks To Watch Today: Titan, Grasim, Bajaj Finserv, RVNL, Brigade On Radar After Updates

Shares of Bajaj Finserv Ltd., Titan Ltd., Brigade Enterprises Ltd., RVNL Ltd., Grasim Industries Ltd., and other related companies are expected to remain in focus on Tuesday after multiple corporate announcements, business updates, and order wins reported post Monday’s market close.

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Corporate Business Updates

SML Isuzu reported higher production and sales for May. Production rose 7.0% year-on-year (YoY) to 1,729 units, while sales increased 11.6% YoY to 1,678 units compared with 1,503 units in the same period last year. Exports also improved to 89 units from 40 units YoY, according to the company update.

IRB Infrastructure Developers posted a 25.0% YoY rise in May toll revenue at ₹843 crore, reflecting higher operational collections during the month.

Insurance Business Performance

Bajaj Finserv reported mixed performance across its insurance businesses. Bajaj General Insurance recorded gross direct premium underwritten growth of 1.7% YoY to ₹1,343 crore in May. Bajaj Life Insurance posted a 66.0% YoY increase in total premium at ₹1,236 crore during the same period.

Payments Bank Update

Fino Payments Bank showed strong growth in loan disbursals, which jumped 186.0% YoY to ₹210 crore compared with ₹73 crore in the previous year. Deposit accounts rose 29.0% YoY to 2.93 lakh. Average total deposits increased 10.0% YoY to ₹2,762 crore. However, throughput transaction business declined 48.0% YoY to ₹2,546 crore.

Titan Company Update

Titan Company redeemed Commercial Papers worth ₹1,000 crore, according to the company update. The redemption is part of its short-term funding management activity.

Fundraising & Debt Market Activity

Aye Finance’s board approved the issuance of Non-Convertible Debentures (NCDs) worth $15 million on a private placement basis, as per regulatory filing.

Order Wins & Project Updates

JNK India secured a large order classified in the ₹100–₹300 crore range from CC7 Emirates Engineering Solutions. The company also received another large export order for an Incinerator Package and Waste Gas Handling Systems, according to its exchange filing.

RVNL received a Letter of Acceptance (LoA) worth ₹221 crore from the South East Central Railway. The project involves replacement of panel interlocking with electronic interlocking systems.

Real Estate Bonus Issue Update

Brigade Enterprises fixed June 17 as the record date to determine shareholder eligibility for a 1:3 bonus issue of equity shares, as per the company announcement.

Capital Investment Update

Grasim Industries announced plans to invest ₹3,094 crore for capacity expansion of its Lyocell manufacturing facility in Karnataka. The investment is aimed at scaling up production capacity at the existing unit, according to the company disclosure.

The above corporate announcements and operational updates are expected to drive stock-specific action in Bajaj Finserv, Titan, Brigade Enterprises, RVNL, Grasim Industries, IRB Infrastructure Developers, SML Isuzu, Fino Payments Bank, JNK India, and Aye Finance during Tuesday’s trading session.