Stocks to Watch for May 29: RIL, PG Electroplast, Ashok Leyland, Zydus Life and more

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From Zydus Lifesciences raising its buyback price and Reliance Industries announcing its AGM and dividend record date, to PhysicsWallah sharply narrowing Q4 losses on strong revenue growth, here are the stocks to watch ahead of Friday’s trading session.

Zydus Lifesciences share price

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Zydus Lifesciences Ltd | The company on Wednesday (May 27) said its Buyback Committee has approved an increase in the buyback price and a reduction in the number of equity shares to be repurchased under its ongoing buyback programme. The company said the buyback price has been increased from ₹1,150 per equity share to ₹1,260 per equity share.

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Oil India Ltd | State-owned firm said its wholly owned subsidiary OIL Green Energy Ltd (OGEL) has signed a joint venture agreement with Hindustan Waste Treatment Private Ltd (HWT), a wholly owned subsidiary of SFC Environmental Technologies Ltd, to develop bioenergy and sustainable waste management projects in India.

Reliance Industries share price

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Reliance Industries / RIL on Wednesday (May 27) said its 49th annual general meeting will be held on Friday, June 19, 2026, at 2 pm (IST), the Mukesh Ambani-led oil-chemical-telecom-retail conglomerate said. Also, the company said Friday, June 5, 2026, has been fixed as the record date for determining members eligible to receive dividends for the financial year 2025-26.

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Ashok Leyland | The company reported record quarterly and annual revenue, profit and commercial vehicle volumes for FY26, driven by strong domestic demand, exports, aftermarket growth and improving traction in electric mobility.

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Patanjali Foods | The company said on Wednesday, May 26, it has received a demand notice for ₹1,352.9 crore for FY23. The demand comprises ₹676.46 crore each towards SGST and CGST, along with a penalty of ₹135.29 crore and interest at 18% on CGST and SGST.

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PG Electroplast | The company's profit fell 55% as weak AC demand, West Asia-linked disruptions hit business. It said weak room AC sales, LPG shortages linked to the West Asia conflict and transport disruptions together impacted quarterly revenue by nearly ₹420 crore.

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Swiggy Ltd | Food delivery and quick commerce firm said its proposed amendments to the articles of association failed to secure the required shareholder approval after the special resolution received 72.36% votes in favour, falling short of the 75% threshold by 2.64%.

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Godfrey Phillips India Ltd | Cigarette and tobacco product makers said it has signed a contract manufacturing agreement with Polisetty Somasundaram Tobacco Products (India) Private for the manufacturing and delivery of cigarettes and other tobacco products.

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HG Infra Engineering | The infra company said it has emerged as the successful bidder for an interstate power transmission project in Jharkhand awarded by REC Power Development and Consultancy Ltd (RECPDCL).

physicswallah

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PhysicsWallah Ltd | The edtech firm reported a sharp fall in its losses in the fourth quarter of FY26, aided by strong revenue growth and improved operating leverage across its online and offline businesses.

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Tata Elxsi | The firm has launched AnaTel, an AI-native software development platform for healthcare and medical technology companies, co-developed with OpenAna.

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Bata India | The firm reported a sharp decline in fourth-quarter profit after booking a one-time voluntary retirement scheme (VRS) expense, while revenue growth remained modest amid pressure on margins.

Hikal Q4 results muted; sequential recovery driven by crop protection growth

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Hikal | The firm reported a weak March quarter performance on May 20, with profit, revenue and margins declining year-on-year amid regulatory headwinds and one-time adjustments, although the company indicated signs of sequential recovery.

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GMR Airports | Company reported a net profit of ₹302.5 crore for the January-March quarter on Thursday, compared with a loss of ₹237.6 crore in the year-ago period. Revenue for the quarter rose 37.5% year-on-year to ₹3,938.2 crore from ₹2,863.3 crore a year earlier.

Indus Tower share price

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Bharti Airtel and Vodafone Idea | Bharti Airtel’s newly launched “Priority Postpaid” service has triggered fresh debate in India’s telecom sector, with rival Vodafone Idea warning against “preferential speeds or services” and calling for an “equal digital ecosystem.”

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PB Fintech | A block deal has been launched in Policybazaar's parent firm with Co-Founders Yashish Dahiya and Alok Bansal likely to sell a 0.8% stake in the company, sources in the know told CNBC-TV18. The floor price for the block deal has been set at ₹1,720 per share, representing a 3.6% discount to the current market price, the sources added.

AWL Agri Business, top stocks, stocks to watch, today stock to watch,

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AWL Agri Business | The company said it has entered into a strategic arrangement with Shree Renuka Sugars Ltd to strengthen its food portfolio and expand its packaged foods business. Under the arrangement, Shree Renuka Sugars will license its flagship brand “Madhur” to AWL Agri Business, enabling the brand to use AWL’s pan-India distribution network, marketing capabilities, and scale in the packaged food segment.

Indoco Remedies, top stocks, stocks to watch, today stock to watch,

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Indoco Remedies | Drug firm said its Oral Solid Dosage manufacturing facility at Baddi, Himachal Pradesh, has received EU GMP certification from the German Health Authority (Berlin). The certification follows an inspection of the company’s Plant III facility conducted from April 22, 2026, to April 27, 2026. The company said the certification confirms that the facility complies with Good Manufacturing Practice requirements referred to in the EC Directive.

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