Two-wheeler production grew 15.2% overall as scooters, typically more urban-weighted, grew faster at 26.7% than motorcycles at 9.1% domestically, even as motorcycle exports rose 33.4%
Stocks to watch: HDFC Bank, Hyundai Motor India, BSE, IDFC First Bank, SpiceJet, Kolte-Patil Developers, Escorts Kubota, HDFC Life, Oil India, among others, will be in focus today.
Farm and construction equipment major Escorts Kubota Ltd on Monday reported a consolidated net profit at Rs 385.93 crore in the first quarter ended June 30. The company had posted a consolidated net profit of Rs 1,397.1 crore in the corresponding period previous fiscal, Escorts Kubota Ltd said in a regulatory filing. In Q1 FY26, the company had a net profit from discontinued operations of Rs 1,027.63 crore. The corresponding quarter of the previous year included a one-time gain from the divestment of the RED (railway equipment business division) segment, as well as an exceptional gain from the sale of land and building. Accordingly, net profit including discontinued operations for Q1 FY27 is not directly comparable with Q1 FY26, the company said. Consolidated revenue from operations in the first quarter was at Rs 3,207.55 crore as against Rs 2,500.05 crore in the year-ago period, Escorts Kubota Ltd said. Tractors volumes in the first quarter were at 36,862 units, up 20.5 per cent
Q1FY27 company results: Firms including KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, and INOX India are also to release their April-June earnings today
Stocks to Watch today, May 29, 2026: Ashok Leyland, Alkem Laboratories, PhysicsWallah, GMR Airports, InterGlobe Aviation, NMDC, and Glenmark Pharma are among the top stocks to remain in focus today
Escorts Kubota reported consolidated profit after tax (PAT) grew 18 per cent to ₹320.5 crore, as compared to ₹271.6 crore in the year-ago period
Among sectoral names, analysts continue to prefer Mahindra & Mahindra due to its diversified earnings profile