Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, fund raising, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Indian Oil Corporation, Afcons Infrastructure, Ola Electric Mobility, Apollo Micro Systems, Astral, DOMS Industries, Gujarat Narmada Valley Fertilizers & Chemicals, GE Vernova T&D India, Indraprastha Gas, JSW Cement, Puravankara, Sun Pharma Advanced Research Company, Strides Pharma Science, Baazar Style Retail, Triveni Turbine, and Zydus Wellness will announce their quarterly earnings today.

Quarterly Earnings

Tata Steel Q4 (Consolidated YoY)

Profit zooms 146.9% to Rs 2,965 crore Vs Rs 1,200.9 crore

Revenue increases 12.5% to Rs 63,270.1 crore Vs Rs 56,218.1

ITC Hotels Q4 (Consolidated YoY)

Profit grows 23% to Rs 315.9 crore Vs Rs 256.9 crore

Revenue increases 18.2% to Rs 1,253.7 crore Vs Rs 1,060.6 crore

Power Grid Corporation of India Q4 (Consolidated YoY)

Profit soars 9.7% to Rs 4,546.3 crore Vs Rs 4,142.9 crore

Revenue falls 5% to Rs 11,665.6 crore Vs Rs 12,275.4 crore

Steel Authority of India Q4 (Consolidated YoY)

Profit spikes 46.6% to Rs 1,835.5 crore Vs Rs 1,252 crore

Revenue increases 5.1% to Rs 30,813.5 crore Vs Rs 29,316.1 crore

Godfrey Phillips Q4 (Consolidated YoY)

Profit zooms 86.7% to Rs 521.4 crore Vs Rs 279.3 crore

Revenue rises 13.6% to Rs 1,787.3 crore Vs Rs 1,573.4 crore

Stocks to Watch

Coal India

The Department of Investment and Public Asset Management (DIPAM) has approved the listing of Mahanadi Coalfields (MCL), a subsidiary of Coal India, through a fresh issue of equity shares and the disinvestment of Coal India’s equity in MCL via a public offering of up to 25 percent of Coal India’s stake in the domestic market.

Coal India may divest its stake in MCL through an offer for sale (OFS) of existing shares, potentially in one or more tranches. Meanwhile, MCL may raise capital through a fresh issue of equity shares as part of the IPO and/or through subsequent FPOs, QIPs, or other SEBI-approved methods.

Garware Hi-Tech Films

Abhishek Agarwal has resigned from the position of Chief Financial Officer of the company to pursue career opportunities outside the organisation, effective May 15.

RBL Bank

The bank has announced the completion of the regulatory and governmental approval process for the proposed strategic investment by Emirates NBD Bank.

Emirates NBD Bank (P.J.S.C.) has received a letter from the Ministry of Finance approving its proposed acquisition of more than 49 percent and up to a 74 percent stake in RBL Bank.

Adani Ports and Special Economic Zone

The company’s subsidiary, Adani Harbour International FZCO (TAHID), has entered into a Share Purchase Agreement to acquire a 51 percent stake in Meridian Transportes Marítimos SA from Logistica y Servicios Maritimos SA and Simpo SA.

HFCL

The company, through its overseas subsidiary, has secured an export order worth around $11.07 million (Rs 106.19 crore) from a reputed international customer for the supply of optical fiber cables.

Aurobindo Pharma

Aurobindo’s subsidiary, CuraTeQ Biologics, said the Central Drugs Standard Control Organization (CDSCO) has granted Marketing Authorisation under Form CT-23 for Bevqolva, a bevacizumab biosimilar indicated for metastatic carcinoma of the colon or rectum.

The authorisation permits manufacturing at CuraTeQ’s facility in Hyderabad and the marketing of Bevqolva in 100 mg/4 mL and 400 mg/16 mL vial presentations.

Emcure Pharmaceuticals

The United States Food and Drug Administration (US FDA) conducted a current Good Manufacturing Practices (cGMP) inspection at the company’s formulations facility in Sanand, Ahmedabad, from May 6 to May 15, 2026. At the conclusion of the inspection, the US FDA issued a Form 483 with seven observations. The observations are procedural in nature.

REC, PFC

The Board of Directors has reserved the proposal for the merger of REC into PFC for the approval of the President of India. Further, the Board  has authorised the CMD of REC to seek the President’s approval for the proposed merger, subject to maintaining the merged entity’s status as a Government company.

Once the merger becomes effective, all assets and liabilities of REC will be transferred to PFC, and REC shall stand dissolved.

Onesource Specialty Pharma

The company has received approval from the Government of Karnataka for the Unit-II expansion project under the Karnataka Industrial Policy.

Allcargo Terminals

Total volumes in April 2025 increased 7 percent year-on-year and 1 percent month-on-month to 59.2 thousand TEUs.

Aditya Birla Capital

The Board of Directors of the company will meet on May 20 to consider and approve a proposal for raising funds.

Bulk Deals

Sakar Healthcare

Stellar Wealth Partners India Fund I LP purchased 1.95 lakh shares, representing a 0.87 percent stake in Sakar Healthcare, for Rs 12.95 crore at a price of Rs 664.58 per share.

Nazara Technologies

Zerodha Broking acquired 35 lakh shares, equivalent to a 0.94 percent stake in Nazara Technologies, for Rs 93.04 crore at Rs 265.85 per share.

Promoter entities also traded shares of Nazara Technologies. Mitter Infotech LLP sold 1.92 crore shares, representing a 5.19 percent stake, for Rs 511.95 crore. Meanwhile, Axana Estates LLP purchased 1.47 crore shares, equivalent to a 3.98 percent stake, for Rs 392.9 crore. The transaction price for both deals was Rs 266 per share.

Pidilite Industries

ICICI Prudential Mutual Fund acquired 2 lakh shares, representing a 0.019 percent stake in Pidilite Industries, from Balvant K Parekh Foundation at Rs 1,460 per share.

Stock Trades Ex-Date for Buy Back

Onward Technologies

Stocks in F&O Ban

Kaynes Technology India

SAIL