Stocks To Watch On Monday
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From a new aluminium foil plant to fresh export orders and a strategic acquisition, these three companies announced developments that could drive investor interest on Monday.
✨ Key Takeaways
Indian benchmark indices ended with gains of more than 1 per cent on Friday, July 17, recording their biggest single-day advance in nearly a month. The rally was driven by strong buying in information technology and financial stocks after stronger-than-expected quarterly earnings from Tech Mahindra and Jio Financial Services. Heavyweights including Reliance Industries, HDFC Bank and ICICI Bank also supported market sentiment ahead of their June quarter earnings.
The Nifty 50 settled at 24,334.30, up 261.55 points or 1.09 per cent, while the BSE Sensex gained 964.59 points, or 1.25 per cent, to close at 78,151.46.
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Against this backdrop, investors are likely to keep an eye on the following stocks on Monday after their latest corporate announcements.
1. Shyam Metalics & Energy Ltd
Shyam Metalics & Energy Ltd announced that its step-down subsidiary, SMEL Steel Structural Pvt Ltd, has commenced commercial production at its aluminium foil manufacturing facility in Sambalpur, Odisha, with effect from July 16, 2026.
The newly commissioned plant has an installed capacity of 18,000 tonnes per annum (TPA).
The company is investing around Rs 800 crore in its aluminium downstream project at Sambalpur. The investment includes the operational aluminium foil facility and an upcoming aluminium flat rolled products (FRP) line. The expansion is expected to strengthen the company's presence in the value-added aluminium products segment.
2. Indian Emulsifiers Ltd
Indian Emulsifiers Ltd has secured two export orders worth USD 700,621, equivalent to around Rs 6.75 crore, excluding applicable Taxes, from a leading customer based in the United States.
According to the company, the orders reaffirm its product quality, technical expertise and position as a trusted global supplier of specialty chemicals. The export win is also expected to strengthen its international business and customer relationships.
3. Jagsonpal Pharmaceuticals Ltd
Jagsonpal Pharmaceuticals Ltd has completed the acquisition of an 85 per cent equity stake in Aequitas Healthcare Pvt Ltd, following its earlier announcements made on June 29, July 7 and July 8, 2026.
The company said the acquisition is aimed at strengthening its presence in the hospital segment and expanding its access to institutional doctors. It believes the transaction will significantly reduce the time required to build these relationships organically, while supporting the distribution of its products through the hospital channel.
Disclaimer: The article is for informational purposes only and not investment advice.