📈 Stocks to Watch Today: May 12, 2025
Indian equities are poised for a positive start today, buoyed by easing geopolitical tensions following the India-Pakistan ceasefire agreement. GIFT Nifty futures indicate a gap-up opening, reflecting improved investor sentiment amid global market optimism and ongoing corporate earnings releases.
🔍 Key Stocks in Focus
1. Yes Bank
Japanese lender Sumitomo Mitsui Banking Corporation has agreed to acquire a 20% stake in Yes Bank for ₹13,483 crore at ₹21.5 per share. This strategic investment involves stake sales by SBI and other major banks, potentially strengthening Yes Bank's capital base and operational capabilities.
2. Adani Power
The company secured a 1,500 MW thermal power supply contract in Uttar Pradesh at a competitive tariff of ₹5.383/unit. This development enhances Adani Power's project pipeline and underscores its growing presence in the energy sector.
3. Swiggy
Despite a 45% year-on-year revenue growth to ₹4,410 crore in Q4FY25, Swiggy reported a net loss of ₹1,081 crore, primarily due to increased investments in its quick commerce segment. Investors will monitor the company's path to profitability amid intense competition.
4. Dr. Reddy’s Laboratories
The pharmaceutical major surpassed earnings estimates in Q4FY25, driven by strong performance in oncology and other therapeutic areas. Its robust pipeline and international market presence make it a stock to watch.
5. Manappuram Finance
The NBFC reported a surprise net loss of ₹203.2 crore in Q4FY25, attributed to a significant rise in impairment costs. This unexpected downturn may impact investor confidence in the short term.
6. Reliance Power
The company posted a net profit of ₹125.6 crore in Q4FY25, a turnaround from a loss of ₹397.6 crore in the same period last year. The improved performance was driven by a substantial increase in operating profit.
7. Titan Company
This stock is favored for its strong brand portfolio, network expansion, and robust Q4 numbers. It is trading above key moving averages, indicating positive technical momentum.
8. Garden Reach Shipbuilders & Engineers
This defense PSU boasts a robust order book and international export orders. The stock's technical indicators suggest continued upward momentum.
9. Indian Oil Corporation Ltd (IOCL)
The company’s Q4FY25 EBITDA exceeded estimates due to higher GRM and marketing margins. It is expected to benefit from near-term catalysts boosting Q1 earnings.
10. Mahindra & Mahindra (M&M)
This stock is poised for growth, supported by its strong product portfolio and positive industry trends.
📊 Market Outlook
While the ceasefire between India and Pakistan has alleviated immediate geopolitical concerns, technical indicators suggest cautious optimism. The Nifty 50 formed a bearish engulfing pattern on the weekly chart, indicating potential resistance unless it reclaims the 24,500 level. Immediate support is seen at 23,800, with further support at 23,500.
Source: Taken from multiple websites
Disclaimer
The information provided in this media release is based on current facts and circumstances as of the date of publication. It may contain forward-looking statements, including but not limited to projections, expectations, or assumptions about future events or performance. These forward-looking statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Hester Biosciences Ltd does not undertake any obligation to update, revise, or correct any forward-looking statements based on new information or future events. This release is intended for informational purposes only and does not constitute financial, investment, or professional advice.