Overnight Digest: Stocks to Watch Tomorrow
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From Ather Energy crossing 3 lakh Rizta sales to Shyam Metalics approving Rs 2,700 crore capex, these stocks could remain in focus when markets reopen on Tuesday.
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Indian equity benchmark indices ended sharply lower on Monday, May 11, amid rising geopolitical tensions, surging crude oil prices, weakness in the Indian rupee and concerns over foreign exchange reserves after Prime Minister Narendra Modi urged citizens to conserve fuel, reduce imports and limit gold purchases.
Despite the weak broader market sentiment, several stocks are expected to remain in focus on Tuesday following key business developments, sales milestones and expansion announcements.
Magnus Steel & Infra Ltd informed investors that the company has been empanelled as an approved steel supplier for upcoming manufacturing facilities of Tata Motors Ltd in Gujarat and Maharashtra.
The company said the development marks its formal entry into the automotive OEM infrastructure supply chain and is expected to strengthen its business presence in the industrial steel segment.
Ather Energy Ltd announced that its family scooter, Rizta, has crossed the 3 lakh-unit sales milestone within two years of launch.
The company stated that the scooter had crossed the 2 lakh-unit sales mark in December 2025 and added another 1 lakh units within the next five months, reflecting strong demand in the electric two-wheeler segment.
3. Shyam Metalics & Energy Ltd
Shyam Metalics and Energy Ltd reported a strong operational performance for Q4 FY26, with volume growth of 22 per cent year-on-year and revenue growth of 27 per cent year-on-year.
The company’s Board also approved a strategic capital expenditure plan worth Rs 2,700 crore for its next phase of expansion, to be funded through continuous cash accruals.
Disclaimer: The article is for informational purposes only and not investment advice.