Stock to Watch on Monday

Stock to Watch on Monday

Muted markets after RBI policy shift set the stage for Monday, with BCPL Railway, Dhruv Consultancy and Oil India Ltd emerging as key stocks on the back of fresh orders and exploration updates.

Key Takeaways

Indian equity benchmarks ended lower on Friday, June 5, as investors reacted to the Reserve Bank of India’s monetary policy decision. While the central bank kept the key policy rate unchanged and maintained its neutral stance as widely expected, sentiment remained cautious after the RBI raised its inflation forecast and lowered its economic growth projection for the current financial year.

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Against this backdrop, several stocks are expected to remain in focus on Monday due to fresh order wins and operational updates.

1. Railway-infrastructure-ltd-291436">BCPL Railway Infrastructure Ltd

BCPL Railway Infrastructure Ltd has informed stakeholders that it has secured a new order from the Eastern Railway for the replacement of the old Guy Rod Assembly in the Howrah Division.

The company has received a Letter of Acceptance for 25 KV OHE work related to the replacement project under the Howrah Division. The total project cost stands at Rs 4.723 crore (Rs 47.23 million), and the execution period is expected to be 18 months.

2. Dhruv Consultancy Services Ltd

Dhruv Consultancy Services Ltd, along with M/s Intercontinental Consultants and Technocrats Private Ltd and M/s MVK Infrabuild Private Ltd, has been appointed by the Madhya Pradesh Road Development Corporation Ltd for consultancy services.

The assignment pertains to the Independent Engineer role for the Ujjain–Jaora Access Controlled Greenfield Highway project under Hybrid Annuity Mode. The Letter of Acceptance was issued on June 5, 2026, for a total consideration of Rs 8.3379753 crore, inclusive of all Taxes except GST.

As per the terms, the company is required to submit performance security within 15 days and execute the contract agreement as per bid conditions. The project duration is 48 months, including 24 months of Construction and 24 months of defect liability period.

3. Oil India Ltd

Oil India Limited has announced the presence of natural gas in its third exploratory well, Vijayapuram-3, located 15 km off the east coast of the Andaman Islands at a water depth of 355 metres.

The well has been drilled under Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy. The company has now confirmed hydrocarbon presence in two out of three exploratory wells drilled so far, following a similar discovery in the second well, Vijayapuram-2, reported in September 2025.

Disclaimer: The article is for informational purposes only and not investment advice.