From bonus announcements and profit jumps to key partnerships and regulatory action, several companies are in focus today (May 26). On Friday, Indian markets ended the week on a positive note, with the Sensex rising 769 points to close at 81,721.08 and the Nifty gaining 243 points to settle at 24,853.15. As earnings season continues to unfold, here are the top stocks to keep an eye on in today’s trade.
Stocks to watch on May 26, 2025
Ashok Leyland
For the first time since 2011, Ashok Leyland announced a 1:1 bonus share issue. On top of that, it declared a Rs 4.25 per share dividend, amounting to a Rs 1,248 crore payout. Q4 net profit jumped 38.4% YoY to Rs 1,246 crore, aided by a Rs 173 crore tax credit windfall. Revenue rose to Rs 11,907 crore, up 5.7%.
NTPC
NTPC, the country’s largest power producer, reported a 22.6% QoQ rise in profit to Rs 5,778 crore in Q4. Revenue stood at Rs 43,903.7 crore, up 6% sequentially.
JK Cement
JK Cement had a standout quarter. Net profit climbed 77% YoY to Rs 417.3 crore, with revenue up 13.7%. The company’s EBITDA jumped 34.5% to Rs 736.6 crore.
Paras Defence
Paras Defence and Space Technologies has inked a game-changing joint venture with Israel-based Heven Drones, setting the stage for manufacturing logistics and cargo drones in India. The drones will serve both military and civilian markets.
Ashoka Buildcon
Infrastructure player Ashoka Buildcon reported 73.2% YoY jump in net profit to Rs 432.2 crore. The revenue dipped slightly to Rs 2,694.4 crore.
Glenmark
Pharma major Glenmark posted a modest but stable performance for the March quarter. Revenue rose 6.3% YoY to Rs 3,256 crore, while EBITDA surged 11.2%. Notably, adjusted net profit stood at Rs 347 crore, excluding one-off charges like the generic Zetia litigation. The company also reported an EBITDA margin of 17.2%.
Balkrishna Industries
Despite a marginal 5% increase in revenue to Rs 2,838 crore, Balkrishna Industries posted a sharp 25% fall in net profit, coming in at Rs 362 crore in Q4.
Finolex Industries
Finolex Industries saw revenue fall 5% YoY to Rs 1,171.8 crore, and though net profit held steady at Rs 165 crore, it came at the cost of deteriorating margins. EBITDA declined 18% to Rs 171.3 crore, with margins shrinking to 14.6% from 16.9% a year ago.
Union Bank
The RBI slapped a fine of Rs 63.6 lakh on Union Bank of India, citing non-compliance in depositor fund transfers and agricultural lending norms.
Earnings to watch today
The new week opens with results from over 200 companies, bringing midcap and sector-specific players into sharp focus. Among the key names to watch are General Insurance Corporation of India, a major force in the reinsurance space, and Aurobindo Pharma, one of India’s key pharmaceutical exporters. Financial services veteran Sundaram Finance and industrial chemicals maker Fertilisers and Chemicals Travancore are also slated to announce their quarterly performance.