29 May , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, SEBI order, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Bajaj Auto, Ipca Laboratories, Alkem Laboratories, Amara Raja Energy & Mobility, Bajaj Hindusthan Sugar, Campus Activewear, Engineers India, Gujarat Pipavav Port, ICRA, KNR Constructions, Lemon Tree Hotels, Lumax Auto Technologies, Samvardhana Motherson International, NBCC (India), Prestige Estates Projects, SJVN, Sobha, and Suzlon Energy will announce their quarterly earnings on May 29.
Quarterly Earnings
Steel Authority of India (SAIL) Q4 (Consolidated YoY)
Profit grows 11.1% to Rs 1,251 crore Vs Rs 1,125.7 crore
Revenue increases 4.9% to Rs 29,316.1 crore Vs Rs 27,958.5 crore
Avanti Feeds Q4 (Consolidated YoY)
Profit zooms 39.6% to Rs 157.2 crore Vs Rs 112.6 crore
Revenue increases 7.9% to Rs 1,385.1 crore Vs Rs 1,283.5 crore
Board recommends dividend of Rs 9 per share for FY25
Insecticides India Q4 (Consolidated YoY)
Profit surges 84.7% to Rs 13.9 crore Vs Rs 7.5 crore
Revenue jumps 31.7% to Rs 358.9 crore Vs Rs 272.5 crore
Balaji Amines Q4 (Consolidated YoY)
Profit falls 44.2% to Rs 40.4 crore Vs Rs 72.5 crore
Revenue declines 14.8% to Rs 352.7 crore Vs Rs 413.9 crore
Board recommends a final dividend of Rs 11 per share
Cummins India Q4 (Standalone YoY)
Profit declines 7.2% to Rs 521.4 crore Vs Rs 561.5 crore
Revenue grows 6.1% to Rs 2,456.9 crore Vs Rs 2,316.2 crore
Board approves a final dividend of Rs 33.50 per share
Mishra Dhatu Nigam Q4 (Consolidated YoY)
Profit jumps 21.3% to Rs 56.2 crore Vs Rs 46.3 crore
Revenue increases 1.2% to Rs 410.6 crore Vs Rs 405.5 crore
Indian Railway Catering and Tourism Corporation (IRCTC) Q4 (Consolidated YoY)
Profit grows 26% to Rs 358.2 crore Vs Rs 284.2 crore
Revenue soars 10.1% to Rs 1,268.5 crore Vs Rs 1,151.7 crore
Bharat Rasayan Q4 (Consolidated YoY)
Profit tanks 62.6% to Rs 25.1 crore Vs Rs 67.1 crore
Revenue declines 1% to Rs 306.5 crore Vs Rs 309.6 crore
HeidelbergCement India Q4 (YoY)
Profit increases 4.8% to Rs 50.5 crore Vs Rs 48.2 crore
Revenue rises 2.7% to Rs 612.5 crore Vs Rs 596.6 crore
Board recommends dividend of Rs 7 per share
Natco Pharma Q4 (Consolidated YoY)
Profit grows 5.1% to Rs 406 crore Vs Rs 386.3 crore
Revenue jumps 14.3% to Rs 1,221 crore Vs Rs 1,068.3 crore
Deepak Nitrite Q4 (Consolidated YoY)
Profit drops 20.2% to Rs 202.5 crore Vs Rs 253.9 crore
Revenue increases 2.5% to Rs 2,179.7 crore Vs Rs 2,126.2 crore
Exceptional items Nil Vs exceptional gain at Rs 79.8 crore
Birlasoft Q4 (Consolidated YoY)
Profit tanks 32.2% to Rs 122.1 crore Vs Rs 180.1 crore
Revenue falls 3.4% to Rs 1,316.9 crore Vs Rs 1,362.5 crore
Som Distilleries & Breweries Q4 (Consolidated YoY)
Profit jumps 18.7% to Rs 23.7 crore Vs Rs 20 crore
Revenue drops 11.2% to Rs 339 crore Vs Rs 381.6 crore
Jyoti Structures Q4 (Consolidated YoY)
Profit declines 15.5% to Rs 11.9 crore Vs Rs 14.1 crore despite strong operating numbers
Revenue soars 27.7% to Rs 164.7 crore Vs Rs 129 crore
Tax expenses at Rs 0.36 crore Vs tax writeback at Rs 9.32 crore
Nuvama Wealth Management Q4 (Consolidated YoY)
Profit zooms 41.2% to Rs 255.3 crore Vs Rs 180.7 crore
Revenue grows 20.6% to Rs 1,119.8 crore Vs Rs 928.8 crore
Board announces interim dividend of Rs 69 per share
Cohance Lifesciences Q4 (Consolidated YoY)
Profit falls 21.3% to Rs 42 crore Vs Rs 53.4 crore
Revenue spikes 59% to Rs 402 crore Vs Rs 252.9 crore
Bata India Q4 (Consolidated YoY)
Profit sinks 27.9% to Rs 45.9 crore Vs Rs 63.6 crore
Revenue drops 1.2% to Rs 788.2 crore Vs Rs 797.9 crore
Ion Exchange (India) Q4 (Consolidated YoY)
Profit falls 12.7% to Rs 63.2 crore Vs Rs 72.5 crore
Revenue grows 6.7% to Rs 834.6 crore Vs Rs 781.8 crore
Stocks to Watch
Sterling and Wilson Renewable Energy
The company has emerged as the L1 bidder for the development of a 225 MW (AC) grid-connected solar PV project in Gujarat, India.
RITES
The company has entered into a Memorandum of Understanding (MoU) with Shree Cement for the development of rail infrastructure and allied services.
Aurobindo Pharma
Curateq Biologics, a wholly owned subsidiary of the company, has incorporated a new wholly owned subsidiary in the Netherlands, named CuraTeQ Biologics B.V., to expand its biopharma products business in Europe.
IndusInd Bank
SEBI has barred former IndusInd Bank MD & CEO Sumant Kathpalia, former Deputy CEO Arun Khurana, and three other former senior officials of the bank—Sushant Sourav (Head, Treasury Operations), Rohan Jethanna (Head, GMG Operations), and Anil Marco Rao (Chief Administrative Officer, Consumer Banking Operations)—for alleged insider trading. All of them have been restrained from buying, selling, or dealing in securities.
Wardwizard Innovations & Mobility
The company has signed a Memorandum of Understanding (MoU) with XiCon International for the leasing of up to 7,500 electric scooters.
Varun Beverages
The company has commenced commercial production of carbonated soft drinks and juice-based beverages at its production facility in Mendipathar, Meghalaya.
ITD Cementation India
The Board has appointed Nitesh Sharma as the Chief Financial Officer of the company.
Bulk Deals
ITC
Tobacco Manufacturers India, a subsidiary of British American Tobacco (BAT), sold 15.65 crore equity shares of the company at an average price of Rs 413.12 per share, and another 15.65 crore shares at an average price of Rs 413.78 per share. The total transaction represents a 2.5 percent equity stake, amounting to Rs 12,940.98 crore. As of March 2025, BAT, through its subsidiaries—Tobacco Manufacturers (India), Myddleton Investment Company, and Rothmans International Enterprises—held a 25.44 percent stake in ITC.
ADF Foods
Ace investor Sunil Singhania-owned Abakkus Emerging Opportunities Fund 1 exited the company by selling its entire holding of 16,86,435 shares at an average price of Rs 225 per share. Meanwhile, Infinity Capital acquired 16,85,653 shares, representing a 1.53 percent stake, at the same price.
SME Listing on May 29
Unified Data Tech Solutions
Stocks Trade Ex-Dividend
Tata Consumer Products
Shyamkamal Investments
Stock Trades Ex-Date for Rights
Aplab
Stock Trades Ex-Date for Income Distribution (InvIT)
POWERGRID Infrastructure Investment Trust
Stock removed from F&O ban
RBL Bank
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