Stocks To Watch On Monday
DSIJ Intelligence / 26 Jul 2026 / Categories: Mindshare, Trending
Despite another weak session for the broader market, three companies announced major expansion plans that could keep their shares in focus on Monday.
Indian benchmark indices extended their losing streak for a fifth consecutive session on Friday, July 24, as rising crude oil prices, weaker-than-expected corporate earnings and escalating geopolitical tensions in the Middle East weighed on investor sentiment. Although the market recovered from its Intraday lows during the latter half of the session, both benchmark indices ended in the red, recording their worst weekly performance in nearly four months.
Investor sentiment remained under pressure after Brent crude oil climbed above USD 100 per barrel earlier in the day amid concerns over supply disruptions. The latest escalation came after US President Donald Trump warned of "major military punishment" for Iran and its Houthi allies following attacks on two Saudi oil tankers in the Red Sea. The development renewed concerns over global energy supplies through one of the world's key shipping routes.
The Nifty 50 ended 102.15 points, or 0.43 per cent, lower at 23,767.45, while the Sensex declined 331.61 points, or 0.43 per cent, to close at 76,059.78.
Against this backdrop, the following stocks are likely to remain in focus during Monday's trading session.
Sumeet Industries announced the acquisition of a CP plant under liquidation from Nakoda Ltd in Surat, Gujarat, as part of its long-term growth strategy.
The company plans to modify and recommission the facility during the first quarter of FY28. The plant has an installed capacity of 140,000 tonnes per annum of Bottle Grade PET Chips, a key raw material used in the company's downstream POY and FDY manufacturing operations.
Once operational, the facility is expected to nearly double Sumeet Industries' existing production capacity. The acquisition is also expected to strengthen backward integration, improve operational efficiency and support long-term revenue growth.
Jamna Auto Industries has signed an agreement to acquire a 100 per cent stake in UK-based Owen Springs Ltd for GBP 2 million, equivalent to around Rs 23 crore, through an all-cash transaction.
The acquisition is expected to be completed by August 31, 2026, subject to customary closing conditions.
The company said the acquisition aligns with its Lakshya – RISE 5000 strategy aimed at strengthening its global presence. Owen Springs manufactures and supplies leaf and parabolic springs, and the transaction is expected to expand Jamna Auto Industries' customer base in the UK and other international markets while creating opportunities for business growth and operational synergies.
3. Atul Ltd
Atul has approved a capital expenditure of Rs 167 crore, excluding working capital and GST, to establish a new manufacturing facility for Mecoprop-p (MCPP-p) and 2-methyl-4-chlorophenoxyacetic acid (MCPA).
The proposed project will add an annual production capacity of 1,000 tonnes of MCPP-p and 750 tonnes of MCPA. Commercial production is expected to commence within 67 weeks.
The company currently does not manufacture either of these products, making the project a new addition to its portfolio. The investment, which will be funded through internal accruals, is aimed at expanding Atul's presence in the phenoxy herbicides segment while enabling the production of higher value-added downstream products based on o-Cresol and monochloroacetic acid (MCA).
Disclaimer: The article is for informational purposes only and not investment advice.