Stocks to Watch: Emcure, Aurobindo Pharma, HFCL, RBL Bank, Coal India, Tata Steel, ITC Hotels, Power Grid, Godfrey Phillips in Focus
Stock Market Update: Key Earnings and Deal Announcements
The stock market is abuzz with several key announcements, including quarterly earnings, deal closures, and regulatory approvals. Here are the top stories to watch out for in today's trade.
Results Today
A slew of companies will announce their quarterly earnings today, including 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.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Quarterly Earnings
Tata Steel Q4 (Consolidated YoY)
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Profit | Rs 2,965 crore | Rs 1,200.9 crore (146.9% YoY growth) |
| Revenue | Rs 63,270.1 crore | Rs 56,218.1 crore (12.5% YoY growth) |
ITC Hotels Q4 (Consolidated YoY)
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Profit | Rs 315.9 crore | Rs 256.9 crore (23% YoY growth) |
| Revenue | Rs 1,253.7 crore | Rs 1,060.6 crore (18.2% YoY growth) |
Power Grid Corporation of India Q4 (Consolidated YoY)
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Profit | Rs 4,546.3 crore | Rs 4,142.9 crore (9.7% YoY growth) |
| Revenue | Rs 11,665.6 crore | Rs 12,275.4 crore (5% YoY decline) |
Steel Authority of India Q4 (Consolidated YoY)
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Profit | Rs 1,835.5 crore | Rs 1,252 crore (46.6% YoY growth) |
| Revenue | Rs 30,813.5 crore | Rs 29,316.1 crore (5.1% YoY growth) |
Godfrey Phillips Q4 (Consolidated YoY)
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Profit | Rs 521.4 crore | Rs 279.3 crore (86.7% YoY growth) |
| Revenue | Rs 1,787.3 crore | Rs 1,573.4 crore (13.6% YoY growth) |
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.
Deal Announcements
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.
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.
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.
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.
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
Investor Takeaway
Monitor the quarterly earnings announcements of these companies for potential market impact.
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