Geopolitical concerns are back at the center of market conversations after the Pahalgam attack and India’s Operation Sindoor led to rising cross-border tension. Volatility has crept into both Dalal Street, with uncertainty making investors cautious. However, corporate action and earnings continue to offer stock specific cues that traders cannot ignore.
Stocks to watch on May 09, 2025
L&T
Engineering heavyweight Larsen & Toubro (L&T) has delivered a strong Q4, with consolidated net profit rising 25% year-on-year to Rs 5,497 crore, beating street expectations. Revenue grew 11% to Rs 74,392 crore, though it missed estimates, and the operating margin improved slightly to 11%, indicating better cost controls.
M&M Financial Services
Mahindra & Mahindra Financial Services has launched a Rs 2,996 crore rights issue, offering 15.44 crore shares at Rs 194 each. This is aimed at strengthening capital adequacy and supporting growth in rural lending.
Titan
Titan has wrapped up the March 2025 quarter on a strong note, with its net profit rising 10.7% year-on-year to Rs 870 crore. The jewellery-to-watchmaker giant also outperformed on the revenue front, clocking Rs 13,477 crore, up nearly 20% from the year-ago period and ahead of expectations pegged at Rs 13,055 crore.
Lupin
Pharma major Lupin has received USFDA approval for its generic version of Raltegravir 600 mg tablets, used in HIV treatment. As the first-to-file applicant, Lupin enjoys 180-day exclusivity, a key advantage in the generics space.
REC
Power sector financier REC Ltd has posted a 5.5% rise in Q4 profit to Rs 4,236 crore. More notably, Net Interest Income (NII) jumped 37.6% to Rs 5,877 crore.
Britannia
FMCG leader Britannia Industries posted a 4.2% YoY rise in profit to Rs 559 crore. Its net earnings came in higher than market estimates.
Jindal Stainless
Jindal Stainless reported a 17.8% rise in net profit for Q4FY25 at Rs 590 crore. Revenues and operating profits also grew.
Paytm (One97 Communications)
Digital payments company One97 Communications is in the news after its founder Vijay Shekhar Sharma and his brother Ajay Shekhar Sharma settled a regulatory case related to Employee Stock Options (ESOPs) with SEBI by paying Rs 2.8 crore. As part of the agreement, Vijay will refrain from accepting any fresh ESOPs for three years, and existing grants worth over 2 crore shares have been cancelled.
Bharat Petroleum (BPCL)
BPCL has awarded contracts for developing 100 MW wind energy projects in Madhya Pradesh and Maharashtra, 50 MW each. This signals the company’s push into renewables amid the broader energy transition.
Brigade Enterprises
Real estate firm Brigade Enterprises has acquired an 11-acre land parcel in Whitefield, Bengaluru, with plans to develop a 1.5 million sq. ft. commercial complex. The project is expected to generate a gross development value (GDV) of over Rs 2,000 crore.
IIFL Finance
IIFL Finance has reported a 76.7% decline in net profit for the March quarter. This comes in the wake of regulatory hurdles that hit its gold loan business earlier in the year.
Earnings to watch today
From pharma, banking, FMCG, and manufacturing sectors set to announce their quarterly results on May 9. Key companies to watch include Dr Reddy’s Laboratories, ABB India, Bank of India, Manappuram Finance, Cholamandalam Financial Holdings, and Motherson Sumi Wiring India, all of which could drive sector-specific action. Others scheduled to report include Birla Corporation, Cera Sanitaryware, Great Eastern Shipping, India Shelter Finance, Jupiter Life Line Hospitals, CE Info Systems, Navin Fluorine, Novartis India, PTC India Financial Services, and Thermax.