The GIFT Nifty indicates that the Indian stock markets will likely open on a flat note. If you’re unsure which stock to focus on in Wednesday’s trade. Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.

Earlier on Tuesday, the NSE Nifty 50 closed the session 262 points or 1.05% lower at 24,683.90, while the BSE Sensex fell 872.98 points or 1.06% to close at 81,186.44.

Stocks to watch on May 21, 2025

SBI

The Executive Committee of State Bank of India’s Central Board approved long-term overseas fund raising of up to $3 billion. This lender will raise funds in single/multiple tranches under “Reg-S/144A” through a public offer and/or private placement of senior unsecured notes in US dollar or any other major foreign currency during FY 2025-26.

Gensol Engineering

The Ministry of Corporate Affairs (MCA) is aiming to conclude the probe on Gensol Engineering and its related entities in three to five months, said a senior official on Monday. Based on the findings of the investigation, the ministry will take further steps, including assessing the need to refer the case to the Serious Fraud Investigation Office (SFIO), the official said.

Gland Pharma

Gland Pharma reported a 3% decline in consolidated net profit to Rs 186.54 crore in the fourth quarter ended March 31, 2025, impacted by a decline in revenue in the US market. The company had posted a consolidated net profit of Rs 192.42 crore in the corresponding period of the previous fiscal. Consolidated revenue from operations in the quarter under review stood at Rs 1,424.91 crore as against Rs 1,537.45 crore in the corresponding period a year ago.

United Breweries

United Breweries announced that it has entered into a leasing arrangement with Ilios Breweries Private Limited (Ilios) in order to ramp up its manufacturing capacity. In a regulatory filing, the company said that it is expanding its production capacity in Andhra Pradesh in order to strengthen its supply chain and meet rising consumer demand and ensure continued availability of Kingfisher beer.

Max Healthcare

Max Healthcare Institute released its fiscal fourth quarter earnings report with profit at Rs 319.00 crore. This was 26.82% higher than Rs 251.54 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1909.74 crore, reporting a growth of 34.21% as against Rs 1422.90 crore recorded during the fourth quarter of previous financial year.

KPR Mill

Promoters of KPR Mill — KP Ramasamy, KPD Sigamani, and P Nataraj — are expected to divest up to 3.2% stake in the company through block deals, reported CNBC-TV18, citing sources. The total offer size is pegged at Rs 1,195.6 crore, with a floor price of Rs 1,107 per share. This represents a 10% discount to the company’s current market price.

JK Tyre & Industries

A decline in raw material costs and planned expansion in capacities across product lines will help in improving margins going forward, said JK Tyre & Industries, one of India’s top tyre makers. The Delhi-based firm is expecting a robust growth in demand in the current year powered by favorable movement in the aftermarket segment even as growth in the original equipment maker (OEM) segment is expected to remain benign.

Dixon Technologies

Dixon Technologies reported a net profit growth of over fourfold year-on-year to Rs 401 crore in Q4FY25. The strong bottom-line performance was driven by a 121% jump in income, which came in at Rs 10,293 crore for the quarter, compared to Rs 4,658 crore in the same period last year. The company’s board has recommended a final dividend for the financial year 2024-25 at Rs 8 per share.

IRCON International

IRCON International said it has secured a Rs 253.6 crore contract from South Western Railway for the implementation of KAVACH, an indigenous train collision avoidance system, across 778 route kilometres in the Bengaluru and Mysuru divisions.