With so much happening around the world from the India-Pakistan ceasefire bringing some calm, to Q4 earnings season heating up, investors have a lot to keep an eye on. If you are wondering which stocks could see action today, we have got you covered. Here is a look at the stocks that are in focus today.
Market Recap
In the previous session, the Indian stock market was on fire. The Sensex soared 2,975 points to end at 82,429.90, its biggest single-day gain in a year. The Nifty was not far behind, jumping 916 points to settle at 24,924.70. The rally was broad-based, with strong buying in IT, financials, Adani Group, and power stocks.
Stocks to watch on May 13, 2025
Paytm
Alibaba-backed Antfin is planning to offload up to 4% of its holding in Paytm via block deals worth over Rs 2,000 crore, as per CNBCTV18 report. The shares may be sold at a discount, with a floor price of Rs 809.75 each. This potential sale, if executed, will significantly reduce Antfin’s stake in Paytm, sparking speculation over its long-term strategy for the Indian fintech player.
Tata Steel
Tata Steel wrapped up its March 2025 quarter on a strong note, clocking in a consolidated net profit of Rs 1,201 crore. The rise in earnings was mainly driven by a jump in other income and a drop in exceptional losses. Other income more than doubled to Rs 461 crore, while one-time losses shrank significantly compared to last year.
Gensol Engineering
In a major development, Gensol Engineering’s Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi stepped down from their roles. This follows SEBI’s interim order barring them from holding key posts.
Bajaj Electricals
Bajaj Electricals delivered a bright performance for the March quarter, doubling its net profit to Rs 59.05 crore from a year ago. Revenue grew by 6.5%, and the board sweetened the deal for shareholders by recommending a Rs 3 per share dividend.
Allied Blenders
Allied Blenders and Distillers is in the spotlight ahead of its board meeting on May 15, where it may roll out plans to raise funds via equity, convertible securities, or debentures. The company will also announce its annual financial results and may recommend a dividend.
Reliance Power
Reliance Power’s green energy arm has made headlines by winning the largest chunk in SJVN’s solar and battery storage bidding. It secured 350 MW of solar capacity and 175 MW of battery storage, marking a major step in the company’s clean energy journey. This win reinforces Reliance’s ambitions in the renewables space.
Carborundum Universal
Carborundum Universal had a tough quarter, as its net profit plunged 79% year-on-year to Rs 30 crore. Even though revenue inched up slightly by 1.3%, higher raw material costs and operational inefficiencies dragged down margins.