Key Stocks to Watch: ONGC, Bajaj Housing Finance, RIL, Vedanta, and Bank of Baroda
Stay updated with the latest corporate moves and financial milestones in Indian companies. From strategic partnerships to robust growth, here are the key stocks to watch.
Stock MarketCorporate NewsFinancial PerformanceStrategic PartnershipsBusiness GrowthReal Estate NewsJul 04, 2025
Oil and Natural Gas Corporation Ltd (ONGC) | ONGC has entered into a strategic heads of agreement with Japan’s Mitsui O.S.K. Lines Ltd (MOL) to build, own, and operate two Very Large Ethane Carriers (VLECs). These carriers will transport imported ethane to ONGC Petro Additions Ltd (OPaL) for captive petrochemical use. The partnership underscores ONGC’s focus on strengthening ethane logistics infrastructure and global energy collaboration, pending board-level approval.
Vedanta Ltd | The company posted a mixed Q1 FY26 performance. While some segments declined, Lanjigarh Refinery delivered record alumina output at 587 kt (up 9% YoY, 36% QoQ), and ferro chrome production surged 150% QoQ, driven by a 66% jump in ore output.
Bank of Baroda | The bank has reported a 10.7% YoY growth in global business, reaching ₹27.43 lakh crore as of June 30, 2025, in its Q1 FY26 update. Within this, global advances rose 12.6% YoY to ₹12.07 lakh crore, while global deposits grew 9.1% YoY to ₹14.36 lakh crore, reflecting steady expansion across its banking operations.
AWL Agri Business Ltd | The company posted a 21% YoY revenue rise in Q1 FY26, driven by better edible oil realisations. Overall volumes fell 4% due to weak demand, rice business consolidation, and the phase-out of G2G rice sales.
UCO Bank Ltd | The bank reported a 13.7% year-on-year growth in total business for the quarter ending June 30, 2025, reaching ₹5.24 lakh crore. Advances grew 16.6% YoY to ₹2.25 lakh crore, with sequential growth of 2.3%. The performance highlights strong momentum across both credit and deposit segments.
NBCC (India) Ltd | NBCC has secured new work orders valued at approximately ₹65.73 crore. The contracts include project management consultancy (PMC) services for multiple building developments, such as external works at the Energy Institute in Bengaluru. These fresh orders reinforce NBCC's execution pipeline in government infrastructure projects.
Reliance Industries Ltd | RIL's retail arm, Reliance Retail Ventures Ltd (RRVL), announced a strategic minority investment in UK-based FaceGym, a facial fitness and skincare brand. The move strengthens RRVL’s footprint in the beauty and wellness sector. Tira, Reliance Retail’s beauty platform, will spearhead FaceGym’s India launch and market development.
Indian Energy Exchange Ltd | IEX reported a 15% year-on-year rise in electricity traded volumes in Q1 FY26, reaching 32,382 million units (MU). Strong performances in the Real-Time Market (RTM) and Green Market segments drove growth, with respective YoY increases of 41% and 51%, reflecting rising demand across sectors.
ICICI Lombard General Insurance Co Ltd | The company said that the Bombay High Court has nullified a GST demand order amounting to ₹1,728.86 crore. The court directed the adjudicating authority to re-evaluate the case, taking into account the GST Council’s guidance and applicable circulars, offering the insurer a fresh hearing in the matter.
InterGlobe Aviation Ltd | The parent company of IndiGo has appointed Amitabh Kant as a non-executive director to its board, pending regulatory and shareholder nods. Kant’s policy and infrastructure expertise is expected to support IndiGo’s global expansion strategy.
Frequently Asked Questions
What is the significance of ONGC's partnership with Japan’s MOL?
ONGC's partnership with Japan’s MOL to build and operate Very Large Ethane Carriers (VLECs) is significant as it strengthens ONGC’s ethane logistics infrastructure and global energy collaboration, enhancing its petrochemical operations.
How did Vedanta perform in Q1 FY26?
Vedanta posted a mixed Q1 FY26 performance. While some segments declined, the Lanjigarh Refinery delivered a record alumina output, and ferro chrome production surged, driven by increased ore output.
What are the key highlights of Bank of Baroda's Q1 FY26 update?
Bank of Baroda reported a 10.7% YoY growth in global business, with global advances and deposits showing significant increases, reflecting steady expansion across its banking operations.
What is the latest development in AWL Agri Business Ltd?
AWL Agri Business Ltd posted a 21% YoY revenue rise in Q1 FY26, driven by better edible oil realizations, although overall volumes fell due to weak demand and business consolidations.
How is Reliance Retail expanding its beauty and wellness sector?
Reliance Retail is expanding its beauty and wellness sector through a strategic minority investment in UK-based FaceGym, a facial fitness and skincare brand, which will be launched and developed in India by Tira, Reliance Retail’s beauty platform.
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