Stocks to Watch Tomorrow
Join Us
Follow Us
Strong quarterly earnings, a strategic US acquisition and a nearly Rs 98 crore order win are likely to keep SRF, Rubicon Research and Innovision in focus during Thursday's trading session.
✨ Key Takeaways
Indian equity benchmarks ended lower for the third consecutive session on Wednesday, July 22, as rising geopolitical tensions in the Middle East pushed Brent crude prices close to USD 95 per barrel, dampening investor sentiment. Banking and media stocks led the decline, while FMCG shares offered some support to the broader market.
At the close, the Nifty 50 fell 191.45 points, or 0.79 per cent, to settle at 23,996.25. The Sensex declined 715.06 points, or 0.92 per cent, to end at 76,755.05.
Against this backdrop, the following stocks are likely to remain in focus during Thursday's trading session.
Rubicon Research Ltd has acquired a manufacturing facility in East Brunswick, New Jersey, from InvaTech Pharma Solutions LLC for an enterprise value of USD 2.9 million.
The transaction was completed on July 21, 2026, and includes the facility's lease, equipment, records and regulatory permits. The acquisition provides Rubicon Research with a manufacturing base in the United States that is comparable in size to its Satara facility. The company clarified that the transaction does not include any product approvals or regulatory filings. The acquisition is expected to strengthen its manufacturing presence in the US market and support future growth plans.
2. SRF Ltd
SRF Ltd reported a strong set of numbers for the quarter ended June 30, 2026, with robust growth across revenue and profitability.
Consolidated revenue rose 32 per cent year-on-year to Rs 5,033 crore from Rs 3,819 crore in the corresponding quarter last year. Operational earnings before interest and Tax (EBIT) increased 61 per cent to Rs 1,116 crore from Rs 694 crore, while profit after tax (PAT) jumped 76 per cent to Rs 759 crore from Rs 432 crore.
Innovision Ltd has received a Letter of Award (LoA) for the operation of a user fee collection agency at the Biratiya Kalan Fee Plaza on the Bar-Bilara-Jodhpur section of National Highway-112 in Rajasthan.
The contract also includes the upkeep and maintenance of adjacent toilet blocks, including the replenishment of consumable items. The total value of the contract stands at approximately Rs 97.53 crore. The order was awarded through a competitive e-tendering process under the National Highways Development Project (NHDP) Phase IV on EPC mode.
Disclaimer: The article is for informational purposes only and not investment advice.