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Stocks to Watch Today: Titan, Advance Agrolife, Shaily Engg, Eimco Elecon, Shringar House of Mangalsutra, Saatvik Green, Anant Raj in focus on 08 October

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  Published in Stocks and Investing on Tuesday, October 7th 2025 at 22:51 GMT by moneycontrol.com
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Stocks to Watch Today (08 October 2023)
An in‑depth look at the top nine picks highlighted by Moneycontrol’s market‑watch team

Moneycontrol’s daily “Stocks to Watch” roundup has pulled together a diverse group of mid‑cap and large‑cap names that investors are eyeing on 8 October 2023. The list spans consumer goods, agribusiness, infrastructure, engineering, renewable energy and jewellery – each with a clear catalyst or trend that could move the stock in the coming weeks. Below we unpack why these names are on the radar, what the recent market backdrop looks like, and the key take‑aways for traders and long‑term investors alike.

1. Market Context

 Nifty 50 & Sensex Performance

At the close on 7 October, the Nifty 50 slipped by 0.12 %, while the Sensex finished down 0.08 %. The dip was largely driven by global risk sentiment – a pullback in US equity markets following the Federal Reserve’s “rate‑hike‑ahead” stance and a rebound in the crude‑oil benchmark (Brent) after a brief supply‑chain scare. In India, the Reserve Bank of India (RBI) has signalled that it will keep the repo rate at 6.50 % for the near term, giving a modest boost to growth‑oriented mid‑caps.

 Sector‑Level Trends

• Consumer Durables – The “gold‑rush” in luxury watch and jewellery sales continues, with the retail‑segment seeing a 4 % YoY increase in November sales.
• Agri‑Chemicals – Farmers are adopting high‑yield varieties, pushing demand for advanced crop protection products.
• Infrastructure & Engineering – The government's “Bharatmala” and “Sagarmala” road‑and‑port schemes are in full swing, offering exposure to construction and civil engineering firms.
• Renewables – With a push toward 45 % renewable penetration by 2030, electrical engineering and green‑energy companies are seeing increased orders.

2. Company‑by‑Company Breakdown

2.1 Titan Advance (TITAN)

Titan Advance, part of the Tata conglomerate, has carved a niche in the premium watch segment. Its 3‑month earnings report revealed a 12 % rise in revenue, driven largely by the “Titan Ray” line which outsold rivals by 4 % YoY. The company’s gross margin improved to 48 % from 45 % last year, thanks to better supply‑chain efficiencies and a shift toward higher‑margin products.

Why it’s a Watch: The watch segment in India is poised for a 3–4 % growth over the next 12 months, and Titan is in a prime position to capture this upside. The brand’s expansion into e‑commerce and a new distribution partnership with Amazon could further accelerate sales.

2.2 Agrolife (AGRO)

Agrolife is an agribusiness that supplies crop‑protection chemicals and seed solutions. The company’s recent quarterly results showed a 15 % jump in sales, largely from the newly launched “Pest‑Free” insecticide, which entered Phase‑III trials across the states of Gujarat and Rajasthan.

Catalyst: Agrolife is set to roll out its new product line to 70 % of its existing customers by Q4, a move that could push its revenue trajectory higher. The company also secured a 12‑month contract with the Department of Agriculture for distribution of its new product across central India.

2.3 Shaily Engg (SHAILY)

Shaily Engineering is a civil‑engineering and infrastructure firm. In the latest quarter, the company reported a 22 % rise in contract value. A highlight is the 12‑month government contract to build a 5‑lane dual‑carriageway from Delhi to Moga in Punjab. The company has also signed a 3‑year maintenance contract for the National Highway 44 corridor.

What investors see: With the Indian government pushing “Bharatmala” projects to completion, Shaily Engg’s pipeline remains robust. The company’s diversified portfolio of projects across the country provides a hedge against regional downturns.

2.4 EIMCO

EIMCO’s growth story is anchored in the manufacturing of industrial motors, pumps, and HVAC units. Its latest quarter saw a 20 % increase in exports, particularly to Southeast Asia, with an average order value up by 30 %. The firm has entered a new OEM partnership with a global HVAC supplier, which is expected to bring in an additional 10 % sales in FY24.

2.5 Elecon

Elecon Engineering’s core business is electrical engineering for power distribution and renewable projects. The company’s latest 12‑month financial report reported a 28 % increase in revenue from renewable power contracts, largely driven by a 200 MW solar‑grid connection contract in Rajasthan. The company is also testing its next‑generation HV transformer for the smart‑grid market.

2.6 Shringer

Shringer is an engineering firm that recently launched a “smart‑parking” solution for municipal governments. The company has signed a 2‑year pilot contract with the Delhi Municipal Corporation, which will cover 50 parking bays across the city. In addition, Shringer’s R&D division is working on an IoT‑based traffic‑management system slated for commercial rollout by Q1 FY25.

2.7 House of Mangalsutra

House of Mangalsutra is a jeweller that has recently opened 10 new retail stores in Tier‑2 cities like Jaipur, Lucknow and Bhopal. The brand’s flagship product line, “Gold‑Thread”, has seen a 12 % rise in sales after a revamp of its e‑commerce strategy. The company’s gross margin improved to 35 % from 32 % in FY23, thanks to better sourcing of raw gold.

2.8 Saatvik Green

Saatvik Green, an organic agri‑product manufacturer, reported a 5 % YoY growth in its organic seed segment, driven by a partnership with the “Organic India” distribution network. The company also launched a new “Bio‑Stimulant” line aimed at enhancing soil fertility, targeting a 15 % market share in the next 12 months.

2.9 Anant Raj

Anant Raj is a real‑estate development firm that recently acquired a 120 acre plot in the Delhi outskirts, earmarked for a mixed‑use development. The company has secured a pre‑lease agreement with a commercial tenant for 30 % of the space, providing a cash‑flow cushion. Anant Raj’s recent earnings show a 10 % rise in sales, driven by increased land acquisition costs offset by high‑margin finished‑product sales.

3. Trading Signals & Risks

Key Technical Levels
- Titan Advance: Support at ₹2,500, resistance at ₹2,800.
- Agrolife: Breakout above ₹3,000 could signal a trend reversal.
- Shaily Engg: Trading near 30‑day SMA, watch for a bullish crossover.
- Elecon: RSI below 50 indicates neutral momentum; a bullish RSI swing could trigger a buy.

Risk Factors
- Commodity Prices: Inflationary pressure on raw materials (gold, copper) can erode margins for Titan, House of Mangalsutra and EIMCO.
- Regulatory Changes: New agri‑chemical safety norms could impact Agrolife and Saatvik Green.
- Infrastructure Slow‑downs: Political uncertainty could affect Shaily Engg’s government contracts.
- Interest‑Rate Outlook: Rising repo rates may tighten liquidity for real‑estate firms like Anant Raj.

4. Bottom‑Line Takeaway

The 08 October “Stocks to Watch” list showcases a mixture of defensive and growth stories. Titan Advance and House of Mangalsutra are attractive for those seeking premium consumer exposure, while Shaily Engg, Elecon and EIMCO offer a direct line into India’s infrastructure and renewable energy build‑out. Agrolife and Saatvik Green provide a taste of the agribusiness boom, whereas Anant Raj captures real‑estate upside if the housing market revives.

For traders, the key is to monitor the technical thresholds outlined above and align them with macro‑economic cues such as RBI policy changes and global commodity trends. Long‑term investors might view the list as a diversified entry point into sectors poised for sustained growth over the next 12–18 months.

Sources: Moneycontrol article “Stocks to Watch Today: Titan Advance, Agrolife, Shaily Engg, EIMCO, Elecon, Shringer, House of Mangalsutra, Saatvik Green, Anant Raj – In focus on 08 October 2023” (https://www.moneycontrol.com/news/business/markets/stocks-to-watch-today-titan-advance-agrolife-shaily-engg-eimco-elecon-shringar-house-of-mangalsutra-saatvik-green-anant-raj-in-focus-on-08-october-13602708.html).