Stocks to Watch: ZEEL, Ola Electric, Vi, IHCL, Manappuram Finance, RPower

Buyback, Losses and Growth Plans Put Six Stocks in Focus

Corporate updates are likely to set the tone for these counters as investors weigh earnings, capital allocation and expansion plans.

A cautious start puts company news in sharper focus

GIFT Nifty was down 57 points, or 0.22 per cent, at 25,244 as of 7:40 AM on Friday, indicating a flat-to-negative start for domestic benchmarks. That followed a modest advance on Thursday: the Nifty rose 44.30 points to 25,299.35, while the Sensex added 31.61 points to settle at 81,911.01.

Overseas cues were mixed. Asian markets were mostly higher, led by gains in South Korea and Japan, while Australian shares declined. US indices ended lower after a fall in Nvidia shares weighed on sentiment. Against that backdrop, company-specific announcements and quarterly results may matter more to individual stocks than the broader index direction.

ZEEL buyback offers a capital-allocation trigger

Zee Entertainment Enterprises has approved a buyback of more than 6.5 crore shares for up to ₹600 crore, at ₹91 per share. The proposal puts the company’s capital-allocation decision in focus and gives investors a specific buyback price to assess against their own view of the business. The announcement alone, however, does not establish how shareholders will respond or how the stock will trade.

For investors, the relevant considerations include the terms of the buyback and how participation may fit their investment horizon. The update is distinct from operating performance: the supplied information does not include fresh earnings figures for ZEEL alongside the announcement.

Telecom and electric mobility face earnings scrutiny

Vodafone Idea’s consolidated net loss widened to ₹5,975 crore in Q2FY27, even as revenue from operations rose 6.2 per cent to ₹11,884 crore. The combination highlights the need to distinguish revenue growth from profitability: a higher top line has not yet translated into a narrower reported loss in the quarter.

Ola Electric Mobility reported a consolidated net loss of ₹362 crore, with revenue falling nearly 39 per cent to ₹421 crore from ₹690 crore. Investors may focus on whether subsequent results show a stabilisation in revenue and progress towards improved profitability. The figures also make execution and demand important questions for the company, though the update does not provide further detail on either.

IHCL adds a resort project; Manappuram profit rises

Indian Hotels has signed a 140-key brownfield resort under the Taj brand in Barapani, Meghalaya. The signing adds a project to the company’s development pipeline, but the announcement does not specify its investment, opening schedule or expected contribution. Those details will shape how investors judge the project’s eventual business impact.

Manappuram Finance reported consolidated profit after tax of ₹701 crore for the September quarter of FY27, more than three times the year-earlier level. Total income increased to ₹3,312 crore. The sharp profit growth stands out among the stocks on the watchlist, although investors will need further detail on the drivers and sustainability of that improvement to assess the quarter fully.

Reliance Power’s decline contrasts with the other triggers

Reliance Power reported a 65 per cent year-on-year decline in consolidated net profit to ₹30.10 crore for the September quarter. Total income also fell, to ₹1,889.87 crore. The results place earnings performance at the centre of the stock’s near-term discussion, and investors may look for more information on the factors behind the declines.

These updates point to different kinds of catalysts rather than a common sector trend: a buyback at ZEEL, expansion at IHCL, sharply contrasting earnings outcomes at Manappuram and Reliance Power, and revenue pressure at Ola Electric. Any market response will depend on how investors weigh each development against expectations and the wider trading environment.

Key Highlights

• ZEEL approved a buyback of more than 6.5 crore shares for up to ₹600 crore at ₹91 per share.
• Vodafone Idea’s Q2FY27 loss widened to ₹5,975 crore despite revenue growth of 6.2 per cent.
• Ola Electric’s revenue declined nearly 39 per cent to ₹421 crore, with a consolidated loss of ₹362 crore.
• IHCL signed a 140-key Taj brownfield resort project in Meghalaya.
• Manappuram’s consolidated PAT rose more than three-fold to ₹701 crore; Reliance Power’s fell 65 per cent to ₹30.10 crore.
• GIFT Nifty signalled a slightly lower start after small gains in domestic benchmarks on Thursday.

Investor Note: These stocks have different catalysts and risk profiles; investors should assess the underlying announcement and full financial context rather than treating a watchlist mention as a recommendation.