3 Stocks To Watch Tomorrow
DSIJ Intelligence / 20 May 2026 / Categories: IPO, Trending
Indian benchmark indices closed higher on Wednesday after recovering from a weak opening. Meanwhile, corporate developments from Aditya Birla Real Estate, Ola Electric and Balaji Amines are expected to keep these stocks in focus in the upcoming trading session.
The Indian equity benchmark indices ended in the green on Wednesday, May 20, despite a weak start triggered by negative global cues. The market recovered sharply during the session, aided by gains in heavyweight counters including Hindalco Industries, Reliance Industries and Axis Bank.
Global crude oil prices remained elevated during the day. Brent crude futures traded near USD 109 per barrel, although prices eased for the second consecutive session amid cautious optimism over a possible diplomatic agreement between the United States and Iran. However, mixed signals from both countries continued to keep energy markets volatile.
Meanwhile, the Indian rupee touched a fresh record low of 96.96 against the US dollar during Intraday trade, moving closer to the 97 mark.
Against this backdrop, the following stocks are likely to remain in focus in Thursday’s trading session:
1. Aditya Birla Real Estate Ltd
Aditya Birla Real Estate Ltd said that Birla Estates, its wholly owned subsidiary, has witnessed strong demand for its residential project, Birla Taranya, in Thane within the Mumbai Metropolitan Region (MMR).
The company said the project received RERA approval on February 3, 2026, and has recorded bookings worth nearly Rs 1,007 crore within three months of the approval.
According to the company, the strong response highlights growing customer demand for premium residential developments and further strengthens Birla Estates’ presence in the MMR market.
Ola Electric Ltd reported a consolidated net loss of Rs 500 crore for the quarter ended March 31, 2026, compared with a loss of Rs 870 crore in the corresponding period last year.
The company’s losses narrowed by 42.5 per cent on a year-on-year basis despite continued pressure on demand in the electric two-wheeler segment.
Revenue from operations during the quarter declined 57 per cent to Rs 265 crore from Rs 611 crore reported in the year-ago period.
Balaji Amines Ltd announced the successful commissioning of its Dimethyl Ether (DME) production plant at its Unit-IV facility in Chincholi MIDC, Solapur. The company said commercial production commenced on May 20, 2026, making Balaji Amines the first company in India to manufacture DME on a commercial scale. DME is considered a cleaner alternative fuel and can be blended with LPG. The company noted that several Western and European countries already blend up to 20 per cent DME with LPG.
Balaji Amines has established the plant with an annual production capacity of 100,000 metric tonnes. The company added that the core engineering technology for the facility has been sourced from a foreign technology partner.
Disclaimer: The article is for informational purposes only and not investment advice.