Overnight Digest: Stocks to Watch - Thursday, April 2, 2026
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Tejas Networks, Escorts Kubota, and Dmart shine as markets close in green; Tejas jumps 8.75 per cent on IITGN MoU, Escorts posts strong tractor sales, and Dmart opens 12 new stores.
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India’s benchmark indices, the Nifty 50 and the Sensex, kicked off Financial Year 2027 on a strong note on Wednesday, April 1, rising over 1.5 per cent, supported by a global rally amid signs of easing tensions in the Middle East. Sentiment improved after U.S. President Donald Trump indicated that Washington could end its military attacks on Iran within two to three weeks. He is expected to provide a further update on the situation in an address scheduled for Thursday morning, around 6 am IST.
Keeping these developments in mind and markets set to close on Friday for Good Friday, Thursday’s trading session is likely to see heightened activity as investors position themselves ahead of the holiday weekend.
With this, let’s have a look at some shares that will be exciting to watch on Thursday:
Tejas Networks Ltd announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Gandhinagar (IITGN) to promote innovation, research, and skill development in emerging telecom technologies. As part of the collaboration, a Telecom Centre of Excellence will be established at IITGN, serving as a platform for advanced training, innovation, and deployment-oriented learning in both wireline and wireless technologies. This strategic initiative aligns with national priorities in technology and may enhance Tejas Networks’ long-term growth potential.
Tejas Networks Ltd today closed at Rs 420.05, up Rs 33.80, a gain of 8.75 per cent.
Escorts Kubota Ltd reported a total sale of 12,119 tractors in March 2026, representing a 6.6 per cent increase over the 11,374 tractors sold in March 2025. Domestic tractor sales grew 7.5 per cent to 11,582 units during the same period, supported by steady rural demand and the gradual onset of Rabi harvesting in select regions. The positive sales momentum highlights continued strength in the agri-machinery sector and supports a constructive outlook for Escorts Kubota in FY 2025-26.
Escorts Ltd shares closed at Rs 2,827.20, up Rs 86.90, a gain of 3.17 per cent.
Avenue Supermarts Ltd, the operator of the Dmart retail chain, marked a significant milestone by opening 12 new stores in a single day, bringing its total store count to 500 nationwide. The newly inaugurated stores span Maharashtra, Tamil Nadu, Uttar Pradesh, Haryana, Chhattisgarh, Odisha, and Gujarat.
Following the announcement, the company's share price rose over 8 per cent, reflecting investor enthusiasm for its aggressive expansion strategy and growing presence in India’s retail sector.
Disclaimer: The article is for informational purposes only and not investment advice.