Stocks to Watch Tomorrow

Stocks to Watch Tomorrow

Three companies announced significant growth initiatives after market hours, making Cupid, Aarti Pharmalabs and JK Paper stocks worth tracking in Wednesday's session.

Key Takeaways

Indian equity benchmarks ended lower on Tuesday, June 30, as selling pressure in information technology and select Banking stocks weighed on investor sentiment despite a positive start to the session.

The Nifty 50 opened 85 points higher but failed to hold on to early gains. After trading in a narrow range for most of the day, the index witnessed stronger selling pressure in the latter half of the session and touched an Intraday low of 23,829.20. It eventually settled at 23,865.75, down 80.50 points, or 0.34 per cent.

The Sensex also extended its losses for a second consecutive session, falling 249.70 points, or 0.33 per cent, to close at 76,478.67.

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Amid the broader market weakness, several companies announced important business developments that could keep their shares in focus during Wednesday's trading session.

1. Cupid Ltd

Cupid Ltd said it is on track to deliver revenue of more than Rs 150 crore in the first quarter of FY27, marking one of the strongest quarterly performances in the company's history.

Supported by improving visibility across domestic and international markets, the company has revised its FY27 revenue outlook upwards by at least 10 per cent.

Under the revised guidance, Cupid now expects FY27 revenue of more than Rs 660 crore compared with its earlier guidance of Rs 600 crore. The management attributed the upward revision to a strong start to the financial year and a healthy business pipeline.

2. Aarti Pharmalabs Ltd

Aarti Pharmalabs Ltd announced the inauguration of an additional manufacturing block at its Tarapur facility located in the Maharashtra Industrial Development Corporation (MIDC) area.

The company said it has received all necessary approvals and permissions to commence operations at the new facility.

The additional block adds 3,600 tonnes per annum (TPA) of capacity for Xanthine derivatives manufacturing. Following the expansion, Aarti Pharmalabs' total Xanthine derivatives manufacturing capacity has increased to 9,600 TPA.

According to the company, the expanded capacity places it among the top three Xanthine derivatives manufacturers globally and is expected to support future growth in this business segment.

3. JK Paper Ltd

JK Paper Ltd announced that its Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) plant has been commissioned and commercial production commenced on June 30, 2026.

The commissioning of the new plant is expected to strengthen the company's production capabilities and support operational efficiencies in its paper manufacturing business.

Investors may closely monitor the stock as the commercialisation of the facility could contribute to higher production capacity and improved raw material integration over the medium term.

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