Stocks to Watch on Monday
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From a new hydrogen peroxide plant to hospital expansion and a power sector order win, these stocks could drive Monday’s market action after a weak Friday close.
✨ Key Takeaways
Indian equity markets ended sharply lower on Friday, May 29, as both Sensex and Nifty 50 came under pressure due to weakness in heavyweight stocks, MSCI index rebalancing-related outflows, and cautious global sentiment amid ongoing geopolitical tensions in the Middle East.
The Nifty 50 opened on a flat note and traded in a narrow range during early hours. However, selling pressure intensified in the second half of the session, dragging the index more than 400 points from the day’s high. The late-session decline marked the third consecutive session of losses, with market participants attributing the weakness largely to MSCI index rebalancing flows.
Against this backdrop, several stocks are expected to remain in focus on Monday’s trading session following key corporate announcements.
1. Gujarat Alkalies and Chemicals Ltd
Gujarat Alkalies and Chemicals Ltd announced a fresh capex plan in the high-purity chemicals segment.
The Board of Directors, at its meeting held on May 29, 2026, approved the setting up of a 5,000 TPA (100 per cent) High Purity Grade Hydrogen Peroxide plant at Dahej, Gujarat, at an estimated investment of Rs 67 crore.
The company stated that the proposed facility will enable the production of high-purity hydrogen peroxide targeted at niche applications including Semiconductor fabrication, Solar cell manufacturing, and other advanced electronics applications. These segments are expected to see growing demand as manufacturing capacity expands in India.
2. KMC Speciality Hospitals (India) Ltd
KMC Speciality Hospitals (India) Ltd share price may also be in focus after the company approved a major land acquisition aimed at capacity expansion.
The company has approved the purchase of a vacant land parcel of approximately 1 acre located at Alexandria Road, Tiruchirapalli, Tamil Nadu, adjoining its existing hospital premises, for an estimated consideration of Rs 62.50 crore excluding incidental expenses related to registration and possession.
The acquisition will be funded through a mix of internal accruals and debt. The company plans to utilise the land for future expansion, including the addition of approximately 300 beds to its existing hospital infrastructure, strengthening its healthcare capacity in the region.
Sharika Enterprises Ltd share price is expected to remain in focus after the company secured a work order from East India Udyog Ltd under the Uttarakhand Power Corporation’s Ganga Corridor RDSS scheme.
The contract involves supply, installation, and maintenance services for RTUs, FRTUs, FPIs, and SCADA-OMS-DMS infrastructure. The total contract value is Rs 24.90 crore.
The project is scheduled for execution up to September 2027 and is part of the broader distribution system modernisation initiative in the power sector.
Disclaimer: The article is for informational purposes only and not investment advice.