Overnight Digest: Stocks to Watch on Monday
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Aditya Birla Real Estate Ltd witnessed a structural expansion within its real estate vertical, even as CRISIL Ltd reported a strong financial performance for the quarter ended March 31, 2026. Meanwhile, City Union Bank Ltd continued its branch expansion drive.
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The benchmark indices, Sensex and Nifty 50, ended higher on Friday, April 17, rising over 0.5 per cent each, supported by easing crude oil prices below USD 100 per barrel. The Nifty 50 advanced 165 points, or 0.68 per cent, to settle at 24,361.75, holding above the 24,300 mark. The Sensex climbed 504.86 points, or 0.65 per cent, to close at 78,493.54.
Investor sentiment is likely to remain cautious amid ongoing geopolitical developments, particularly tensions surrounding a potential US-Iran conflict. The outcome of the situation and the second round of negotiations expected later this weekend will be closely tracked by global markets. Against this backdrop, market participants are expected to remain watchful.
With these factors in mind, here are the stocks likely to be in focus on Monday:
1. Aditya Birla Real Estate Ltd
Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Ltd, has incorporated a new wholly owned subsidiary, Pragataya Properties Private Limited. Following this development, Pragataya Properties has become a step-down wholly owned subsidiary of the Company.
The newly formed entity will focus on acquiring land and developing real estate projects. Birla Estates holds 100 per cent shareholding in the subsidiary, reinforcing its intent to scale up its real estate portfolio.
Aditya Birla Real Estate Ltd shares closed at Rs 1,420.40, down 1.60 points or 0.11 per cent.
2. CRISIL Ltd
CRISIL Ltd reported a robust financial performance for the quarter ended March 31, 2026 (Q1 FY26), driven by growth across segments.
Consolidated income from operations rose 30.1 per cent to Rs 1,057.7 crore, compared with Rs 813.2 crore in the corresponding quarter of the previous year. Consolidated total income increased 29.6 per cent to Rs 1,093.7 crore, up from Rs 843.8 crore year-on-year.
Profit before Tax grew 35.7 per cent to Rs 308.4 crore, compared with Rs 227.3 crore in the same period last year. Profit after tax rose 45.9 per cent to Rs 233.3 crore, against Rs 159.8 crore a year ago.
The Company also declared an interim Dividend of Rs 9 per share.
CRISIL Ltd shares closed at Rs 4,335.40, up 209.10 points or 5.07 per cent.
City Union Bank Ltd added 11 new branches during the week, taking its total branch count to 964.
The expansion was carried out in phases, with six branches opened on April 13, 2026, followed by four on April 14, 2026, and one additional branch on April 17, 2026. The move reflects the bank’s continued focus on strengthening its physical presence.
City Union Bank Ltd shares closed at Rs 257.82, up 8.00 points or 3.20 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.