The Indian stock market continues to witness strong activity across sectors, with investors showing renewed interest in pharmaceutical, automobile, energy, and specialty chemical companies. Among the major names drawing attention, Sun Pharmaceutical Industries Ltd. stands out due to its robust quarterly results, strategic partnerships, and a shifting business mix. Alongside this large-cap leader, several mid- and small-cap companies such as Fineotex Chem, Kamdhenu, and Suzlon Energy are also emerging as short-term opportunities based on recent financial performance and price trends.
This article takes a closer look at Sun Pharma’s significant developments and highlights other stocks that are currently attracting market attention.
Sun Pharmaceutical Industries Ltd. reported encouraging numbers in Q2 FY26, which lifted market sentiment for the stock. The company posted a 2.6% year-on-year rise in consolidated net profit, reaching ₹3,118 crore. Revenue increased 8.6% to ₹14,405.2 crore, driven by strong growth in India, emerging markets, and several global markets. A key highlight this quarter was that U.S. innovative (specialty) drug sales crossed generic sales for the first time, marking a major shift in the company’s product mix.
Sun Pharma also announced an exclusive brand partnership with AstraZeneca Pharma India to promote and distribute the hyperkalaemia treatment drug (SZC) in India. While analysts remain positive and continue to assign buy or strong buy ratings with targets reaching ₹2000, concerns persist over the possibility of 100% U.S. tariffs on imported patented drugs, which may impact future earnings.
The stock is currently trading around ₹1,759.70 and has shown positive movement over the last one and three months.
Hero MotoCorp continues to remain a stable large-cap choice due to its solid financial metrics and consistent performance in the automobile sector. The company holds a market cap of ₹1,16,037 crore and the stock trades at ₹5,800. Its 52-week high and low stand at ₹5,882 and ₹3,323, showing strong price recovery through the year.
With a P/E of 22.0 and a book value of ₹1,050, the stock maintains balanced valuation levels. The company offers a healthy dividend yield of 2.85%, which adds steady income potential for investors. Operational strength is clearly reflected in its ROCE of 30.3% and ROE of 23.1%, supported by solid return on capital and efficient use of shareholder funds. The face value of ₹2.00 remains unchanged.
These fundamentals show why Hero MotoCorp continues to stay in the list of reliable short-term and medium-term watchlist stocks.
Fineotex Chem trades at ₹24.73 with a P/E of 28.80 and a market cap of ₹2,833.44 crore. In the latest quarter, the company reported a net profit of ₹26.08 crore, although profit declined by 18.40% and sales dropped 5.50% to ₹137.71 crore. Even with these challenges, the company maintains a strong ROCE of 23.76%.
The stock trades close to its 200 DMA of ₹26.65, keeping it in focus for short-term movements.
Kamdhenu has gained investor interest due to its attractive valuation and rising profit. The stock trades at ₹27.09 with a P/E of 10.96 and a market cap of ₹763.62 crore. The company posted a quarterly profit of ₹18.70 crore, rising 17.68%, while sales grew 0.50% to ₹191.14 crore.
With a dividend yield of 0.92% and a strong ROCE of 28.91%, Kamdhenu shows both stability and growth potential. The 200 DMA of ₹32.01 serves as a key technical level.
Advani Hotels: High Dividend Yield With Weak Quarterly Numbers
Advani Hotels trades at ₹56.29 and attracts income-focused investors with a dividend yield of 3.38%. The stock has a P/E of 21.02 and a market cap of ₹520.34 crore.
However, the company reported a quarterly loss of ₹0.98 crore, reflecting a 75% fall in profit, and sales declined 9.10% to ₹15.19 crore. Despite this, the company maintains a strong ROCE of 45.29%, and traders watch its 200 DMA of ₹60.92 for further movement.
Suzlon Energy continues to be one of the most discussed renewable energy stocks. It trades at ₹56.90 with a P/E of 24.39 and a market cap of ₹77,392.48 crore. The company posted a powerful quarterly performance with net profit rising 539.08% to ₹1,279.44 crore, and sales increasing 84.03% to ₹3,870.78 crore.
A solid ROCE of 32.52% supports its improving financial health. The stock remains close to its 200 DMA of ₹59.00, making it a strong short-term contender.
Magellanic Cloud trades at ₹64.31 with a P/E of 35.33 and a market cap of ₹3,788.29 crore. The company recorded a quarterly profit of ₹27.62 crore, rising 14.43%, and sales increasing 4.54% to ₹164.44 crore.
With a ROCE of 22.91%, the company shows efficient capital usage. Its 200 DMA of ₹75.27 remains a key indicator for trend direction.
Glottis trades at ₹70.83 with a P/E of 11.68 and a market cap of ₹654.49 crore. The company reported quarterly sales of ₹214.71 crore, supported by a very strong ROCE of 89.96%.
Although profit variation data is not available, the stock’s operational efficiency keeps it relevant. The 200 DMA of ₹81.44 continues to act as a major level for traders.
Dolat Algotech trades at ₹74.52 with a low P/E of 10.90 and a market cap of ₹1,311.55 crore. The company saw a major decline in quarterly profit to ₹4.60 crore, down 93.24%, and sales fell 59.52% to ₹58.92 crore.
Despite this, it maintains a ROCE of 35.48%, which keeps the stock in watchlists. The 200 DMA of ₹91.05 is the next important level.
Rajoo Engineers trades at ₹79.79 with a P/E of 26.45 and a market cap of ₹1,425.65 crore. The company delivered strong quarterly results with profit rising 78.81% to ₹14.09 crore, and sales increasing 62.38% to ₹92.25 crore.
With a solid ROCE of 32.62%, the company continues to show strength. The stock trades below its 200 DMA of ₹119.15, offering room for potential upside.
The short-term market scenario appears favourable for companies demonstrating improving financial performance, strong ROCE, and growing market visibility. Sun Pharma’s stable outlook, combined with its specialty-driven growth and strategic partnerships, positions it as a compelling large-cap opportunity. Meanwhile, companies such as Suzlon Energy and Rajoo Engineers are drawing attention due to their impressive quarterly momentum.
The coming weeks will likely bring continued interest in these stocks as investors track earnings trends, sectoral developments, and global cues influencing Indian markets.