Stocks to Watch: 17 shares in focus on 29 May 2026

Indian equities could see stock-specific action on Thursday, 29 May, as a cluster of companies report quarterly results and several others disclose corporate and regulatory updates. The watchlist includes names across construction, consumer, railways, pharma, hotels, power and financials, with triggers ranging from order wins and new manufacturing starts to bulk deals and SEBI restrictions.

The session also comes after select stocks drew attention in the previous trade, including NBCC, where the counter moved sharply on news flow and fresh contracts. Separately, Reliance Industries has announced key dates linked to its upcoming annual general meeting and dividend eligibility.

Reliance Industries: AGM date and dividend record date

Reliance Industries (RIL) said on Wednesday, 27 May, that its 49th Annual General Meeting (AGM) will be held on 19 June 2026 at 2 pm. The company also fixed 5 June 2026 as the record date for dividend for FY2025-26.

For shareholders, the record date matters because dividend eligibility is determined based on holdings as of that date. Investors typically track such dates closely, especially in index heavyweights, because they can influence near-term trading volumes.

NBCC: price move, market cap, and what was in focus

NBCC (India) Ltd was highlighted as a stock in focus after reporting fresh business updates. The stock moved up 3.72% from its previous close of INR 95.55 to trade at INR 99.10 (as of 27 May 2026). The day’s high was INR 99.86 and the low was INR 95.55.

The company is described as operating in the construction sector and was incorporated in 1960. Its market capitalisation was listed at INR 26,757 crore, with a market-cap rank of 3 within the construction sector in the provided data.

NBCC: new contracts worth INR 289.39 crore

NBCC will be watched after it secured two domestic project management consultancy contracts worth about INR 289.39 crore. The orders are from NALCO and SAIL Bokaro, according to the provided update.

Order wins of this type typically draw attention because they add to visibility on execution and revenue conversion, especially for companies that operate through government and PSU-linked project pipelines.

Results on 29 May: long list of companies

A large set of companies are scheduled to announce quarterly earnings on May 29. The list mentioned includes Bajaj Auto, Ipca Laboratories, Alkem Laboratories, Amara Raja Energy & Mobility, Bajaj Hindusthan Sugar, Campus Activewear, Engineers India, Gujarat Pipavav Port, ICRA, KNR Constructions, Lemon Tree Hotels, Lumax Auto Technologies, Samvardhana Motherson International, NBCC (India), Prestige Estates Projects, SJVN, Sobha, and Suzlon Energy.

With multiple results due on the same day, traders often focus on management commentary, margins, order inflows and guidance cues where they are provided.

IRCTC: quarterly profit and revenue growth

Indian Railway Catering and Tourism Corporation (IRCTC) reported a year-on-year jump in profit and revenue for the January to March quarter in the provided data. Net profit rose 26% year-on-year to INR 358.2 crore versus INR 284.2 crore.

Revenue in the quarter increased to INR 1,269 crore from INR 1,152 crore a year earlier. These figures position IRCTC as a result-driven stock to track in the near term, given its sensitivity to passenger-linked volumes and ancillary service performance.

IndusInd Bank: SEBI restrictions on former officials

IndusInd Bank stayed in focus after SEBI barred former MD and CEO Sumant Kathpalia, former Deputy CEO Arun Khurana, and three other former senior officials for alleged insider trading. The order restrains them from buying, selling, or dealing in securities.

Regulatory actions of this nature can affect investor perception, even when they relate to former executives, because the market tends to track governance outcomes and potential follow-through.

Bulk deals: ITC and ADF Foods

Two bulk deal updates were highlighted.

ITC: Tobacco Manufacturers India, a subsidiary of British American Tobacco (BAT), sold 15.65 crore equity shares at an average price of INR 413.12 per share, and another 15.65 crore shares at an average price of INR 413.78 per share. The total transaction represents a 2.5% equity stake and was valued at INR 12,940.98 crore.

ADF Foods: Abakkus Emerging Opportunities Fund 1, owned by investor Sunil Singhania, exited by selling 16,86,435 shares at an average price of INR 225 per share. Infinity Capital acquired 16,85,653 shares, representing a 1.53% stake, at the same price.

Other key corporate updates on the radar

Several additional corporate updates were listed as potential trading triggers:

• RITES entered into a Memorandum of Understanding (MoU) with Shree Cement for development of rail infrastructure and allied services.
• Aurobindo Pharma said Curateq Biologics, its wholly owned subsidiary, incorporated a new wholly owned subsidiary in the Netherlands named CuraTeQ Biologics B.V. to expand its biopharma products business in Europe.
• Wardwizard Innovations & Mobility signed an MoU with XiCon International for leasing up to 7,500 electric scooters.
• Varun Beverages commenced commercial production of carbonated soft drinks and juice-based beverages at its production facility in Mendipathar, Meghalaya.
• ITD Cementation India’s board appointed Nitesh Sharma as the Chief Financial Officer.

Corporate actions and market mechanics to track

The updates also included several market mechanics items that can change flows in specific counters:

• Stocks trading ex-dividend: Tata Consumer Products, Shyamkamal Investments
• Stock trading ex-date for rights: Aplab
• Stock trading ex-date for income distribution (InvIT): POWERGRID Infrastructure Investment Trust
• Stock removed from F&O ban: RBL Bank

These events can affect adjusted prices, short-term liquidity and derivatives positioning.

Key facts table

Market impact: what investors may focus on

The immediate market impact is likely to be stock-specific rather than broad-based, because the triggers are event-driven. Earnings announcements on 29 May can reprice stocks sharply based on numbers and any disclosed commentary, especially across cyclicals like construction and capital goods.

Bulk deals in large caps such as ITC can influence near-term volumes and price discovery because they add a clear supply event at disclosed prices. Regulatory actions such as the SEBI restrictions linked to IndusInd Bank can keep the stock in focus due to governance sensitivity.

Why this watchlist matters

What ties this list together is the density of actionable information. Investors are tracking hard catalysts like results dates, contract values, bulk-deal quantities and corporate action dates, all of which can change expectations in a measurable way.

For traders, the combination of results, order wins and corporate actions increases the probability of short-term volatility. For longer-horizon investors, the focus is typically on whether new orders translate into consistent execution and whether earnings numbers signal sustainable operating performance.

Closing note

Thursday’s session is likely to be driven by earnings reactions and follow-through on corporate updates disclosed over the last few days. The next date to track closely from the disclosures is Reliance Industries’ dividend record date on 5 June 2026, followed by its AGM on 19 June 2026.