Stocks to Watch Today: 19 Shares in Focus on August 4 as Earnings, Block Deals, OFS and Corporate Updates Drive Market Attention
The Indian stock market is expected to witness stock-specific action on Tuesday, August 4, with as many as 19 companies likely to remain in focus following quarterly earnings, corporate announcements, stake sales, fundraising plans and management changes. Investors will also closely track a packed earnings calendar featuring major companies such as Bharti Airtel, BSE and Godrej Properties.
Here are the key stocks expected to remain on traders' and investors' radar:
LIC: Government launches OFS
State-owned Life Insurance Corporation of India (LIC) will remain in focus as the Government of India begins an Offer for Sale (OFS) to divest up to 6.5% stake in the insurer. The floor price has been fixed at ₹382 per share, around 11% below Monday's closing price. If fully subscribed, the government could raise nearly ₹31,000 crore through the transaction.
Meesho: Major block deal expected
E-commerce platform Meesho is expected to witness a large block deal as early investors Peak XV Partners and Elevation Capital plan to sell around 2.3% stake worth nearly ₹1,900 crore. Around 10.5 crore shares are likely to be offered at a floor price of ₹182.08 per share, representing a discount of about 5% to the prevailing market price.
IREDA posts strong quarterly growth
Indian Renewable Energy Development Agency (IREDA) reported a robust June quarter, with net profit rising 36.8% year-on-year to ₹337.5 crore. Net Interest Income (NII) increased 24.1% to ₹856.8 crore, supported by continued growth in financing demand for renewable energy projects.
Arvind launches QIP
Textile and apparel company Arvind has launched a Qualified Institutional Placement (QIP) to raise nearly ₹500 crore. The indicative issue price has been set at ₹505 per share, around 4.5% below the previous closing price. Earlier, the company's board had approved fundraising of up to ₹600 crore.
SBI Funds Management reports healthy earnings
SBI Funds Management delivered a steady performance during the June quarter. Net profit increased 3.3% year-on-year to ₹873 crore, while NII rose 15.2% to ₹1,146 crore. Operating profit also improved 17%, and profit increased sharply on a sequential basis.
DLF posts mixed quarterly numbers
Real estate major DLF reported a consolidated net profit of ₹793.9 crore, up 4.1% from a year ago. However, revenue declined sharply by 52.9% to ₹1,280.3 crore, making it one of the key stocks to watch for investor reaction.
Kalpataru narrows losses
Real estate developer Kalpataru reduced its quarterly net loss to ₹26.5 crore from ₹49.4 crore last year. Revenue increased 6.5%, while pre-sales and collections also registered healthy growth. However, EBITDA loss widened during the quarter.
Torrent Power reports mixed performance
Torrent Power posted a 12.7% decline in net profit to ₹639 crore as LNG supply disruptions and higher finance costs impacted profitability. Revenue, however, recorded modest growth.
Paytm: Block deal in focus
Shares of One97 Communications (Paytm) may remain active after reports suggested that SAIF Partners could sell approximately 2.3% stake through a block deal worth around ₹2,002 crore. The floor price has reportedly been fixed at ₹1,339.65 per share.
Kansai Nerolac Paints
The paint manufacturer reported nearly 5% growth in quarterly profit, supported by strong demand across decorative and industrial paint segments. Revenue rose 9.8%, although higher raw material costs weighed on margins.
Gulf Oil Lubricants India
Gulf Oil Lubricants posted a strong set of quarterly numbers, with net profit rising 28.6% to ₹123.1 crore, while revenue increased 30.6% to ₹1,327 crore.
Great Eastern Shipping delivers strong earnings
The Great Eastern Shipping Company reported more than a two-fold jump in net profit to ₹1,309 crore during the June quarter, driven by improved shipping operations and stronger operating margins.
GSK Pharma
GlaxoSmithKline Pharmaceuticals reported a 15.7% increase in quarterly profit, supported by healthy growth in its general medicines and vaccines businesses along with improved operating margins.
Texmaco Rail & Engineering
Texmaco Rail posted a 67% jump in net profit despite reporting lower revenue on a year-on-year basis. Operational efficiencies helped support earnings during the quarter.
Restaurant Brands Asia reduces losses
Restaurant Brands Asia reported a consolidated net loss of ₹28.3 crore, compared with ₹41.9 crore in the corresponding quarter last year, indicating gradual improvement in business performance.
KIMS posts mixed results
Hospital chain KIMS reported a 47.2% decline in net profit despite revenue growing 35.3% year-on-year. EBITDA improved, although operating margins contracted during the quarter.
UPL: CEO resignation
Agrochemical major UPL will remain under watch after CEO Mike Frank resigned from his position. His resignation will become effective from August 31, 2026, and the market will closely monitor the company's succession plans.
DOMS Industries
DOMS Industries reported strong revenue growth of 19.3%, but net profit declined to ₹44.4 crore from ₹57.2 crore a year ago as operating margins came under pressure.
Thomas Cook India
Thomas Cook India posted a 5.8% increase in quarterly profit to ₹58.7 crore, while revenue edged up 1.2% year-on-year.
Earnings to watch today
Apart from these developments, investors will closely monitor June-quarter earnings from several companies scheduled to report results on Tuesday, including:
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Bharti Airtel
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Bharti Hexacom
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BSE
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Castrol India
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Godrej Properties
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Ajmera Realty & Infra India
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Dredging Corporation of India
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Adroit Infotech
Market Outlook
Tuesday's trading session is expected to be driven by stock-specific triggers rather than broad market sentiment. Quarterly earnings, large institutional block deals, LIC's OFS, fundraising announcements and management changes are likely to keep several counters volatile throughout the session. Investors are expected to closely evaluate earnings quality, management commentary and future guidance before taking fresh positions.
Aurelius Business View
The combination of earnings season, government divestment through LIC's OFS, large institutional stake sales and key corporate developments is likely to generate heightened volatility in individual stocks. While strong earnings may support selective buying, discounted block deals and OFS transactions could create short-term pressure in affected counters. Investors should focus on fundamentals, earnings quality and long-term growth prospects instead of reacting solely to one-day price movements.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Investors should consult a qualified financial advisor before making any investment decisions.
