It is set to be an action-packed day on Dalal Street, with key updates expected from companies across the auto, pharma, real estate, and energy sectors. From vehicle makers to drug manufacturers and power firms, fresh numbers and announcements could steer the mood of the market and bring certain stocks into sharp focus. Let’s take a look at the stocks that are in focus today.
Market recap
Markets extended their losing streak for a second straight session on Wednesday, with the Sensex slipping 239 points to close at 81,312.32. The index had fallen as much as 308 points during intraday trade. The Nifty also ended lower, shedding nearly 74 points to settle at 24,752.45.
Stocks to watch on May 29, 2025
IndusInd Bank
Markets watchdog Sebi barred IndusInd Bank’s CEO Sumant Kathpalia and four others from accessing securities markets over alleged insider trading. The regulator also impounded Rs 19.78 crore, calling the action part of an ex-parte interim order.
IRCTC
IRCTC, the Indian Railways’ catering and tourism arm, reported a 26% jump in net profit for the January-March 2025 quarter. The profit rose to Rs 358.22 crore, compared to Rs 284.18 crore a year ago. The Navratna PSU also declared its first dividend post-upgrade, since receiving the status. Revenue from operations stood at Rs 1,268.52 crore, while total expenses rose to Rs 903.06 crore.
SAIL
Steel Authority of India (SAIL) also rode high on improved performance. The Maharatna PSU posted a net profit of Rs 1,250.98 crore, up 11% year-on-year. Alongside the results, SAIL announced a dividend for its shareholders. In the same quarter last year, the company had earned Rs 1,125.68 crore in profits.
Deepak Nitrite
Specialty chemicals maker Deepak Nitrite reported with a 106.4% jump in net profit to Rs 202 crore. Revenues rose 14.5% year-on-year to Rs 2,180 crore. The company had earlier rewarded shareholders with a dividend of Rs 7.5 per share.
Natco Pharma
Pharma major Natco Pharma delivered a strong Q4 performance, with a 5% rise in net profit to Rs 406 crore. Revenue grew 16% to Rs 1,287.3 crore, while EBITDA increased to Rs 548 crore. However, the company saw a slight dip in margins, which stood at 44.89%, down from 46.55% in the same quarter last year.
Bata India
While many companies cheered their Q4 numbers, Bata India slipped. The shoemaker reported a 27.7% drop in net profit to Rs 46 crore, while revenue fell slightly to Rs 788.2 crore. Operating profit (EBITDA) dropped more than 26%, and margins also contracted sharply by over 200 basis points.
Birlasoft
Tech firm Birlasoft reported a modest 4.3% rise in net profit to Rs 122 crore. However, revenue dipped by 3.4% and EBITDA fell a steep 21.7% to Rs 173.5 crore. The EBITDA margin shrank to 13.18% from 16.26%.
Coal India
State-run Coal India has been declared a “Preferred Bidder” for the Oranga-Revatipur Graphite and Vanadium Block in Chhattisgarh. The lease, auctioned under Tranche V, will be executed within three years. This adds a critical diversification layer to Coal India’s resource basket beyond coal.
Gensol Engineering
The NCLT’s Ahmedabad bench has initiated action against Gensol Engineering, including its promoters and related entities, for allegations of corporate fraud and governance failures.
Nuvama Wealth Management
Financial-services firm Nuvama Wealth posted a 41 % leap in PAT to Rs 255 crore on the back of 29 % revenue growth to Rs 771 crore. The uptick was broad-based across wealth, asset services and capital-markets verticals.
Earnings to watch today
Over 320 companies will post Q4 results on Thursday, May 29, including key names like Bajaj Auto, Samvardhana Motherson, Suzlon Energy, Alkem Labs, Ipca Labs, Prestige Estates, SJVN, NBCC (India), and Jubilant Agri and Consumer Products.