Stocks to watch: The domestic stock market is expected to open with wide gains on Monday, May 25. The GIFT NIFTY futures suggest that the NIFTY50 index will open 207 points higher.
Here is a list of stocks that may remain in focus today.
Earnings today: As per the BSE list, 219 companies are slated to announce their March quarter numbers today. The list includes names such as Hitachi Energy India, Rail Vikas Nigam, Suzlon Energy, NBCC (India), Pine Labs, Container Corporation of India, Amara Raja Energy & Mobility, Sudarshan Chemical Industries, Campus Activewear, Surya Roshni, TVS Supply Chain Solutions, Aditya Birla Fashion & Retail, and NESCO, among others.
Oil-linked stocks: Oil marketing companies such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) will be in focus as crude oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages.
At the time of writing, both oil benchmarks, Brent and WTI, had fallen by more than 5%, with Brent breaking back below $100 to trade at $98.27, while WTI fell to $91.63.
Paints, tyres, and aviation stocks will also be in focus.
Besides, OMCs will also be on investors’ radar as petrol and diesel prices were raised by ₹2.61-₹2.71 per litre on Monday, marking the fourth increase in less than two weeks as state-owned fuel retailers continued to pass on rising international oil prices to consumers.
With the latest revision, cumulative increases in petrol and diesel prices have nearly touched ₹7.5 per litre since fuel price revisions resumed on May 15 after a prolonged freeze, stoking concerns over inflationary pressures and higher transportation costs across the economy.
The latest revision pushed petrol prices up by ₹2.61 per litre and diesel by ₹2.71 per litre, according to industry sources.
Petrol prices were raised to ₹102.12 per litre in Delhi from ₹99.51, while diesel prices were increased to ₹95.20 per litre from ₹92.49.
Oil India: The company said it has made a modest but significant discovery in its nominated Dandewala Field in Rajasthan. The well-recorded inflow of average. 25000 SCMD of Natural Gas from a depth of around 950 meters, indicating encouraging deliverability and potential.
Sterlite Technologies: Sterlite Technologies’ shares are set to be in the focus of the stock market investors on Monday, May 22, after the telecom equipment maker’s subsidiary secured a more than ₹10,000 crore supply order from an unnamed ‘hyperscale’ partner, as per an exchange filing.
“We hereby wish to inform you that a subsidiary of Sterlite Technologies Limited has received a Product Award Letter (PAL) from a hyperscale partner for a multi-year supply of optical connectivity products,” the company informed the stock exchanges.
In the NSE filing, the company disclosed that the international order will be for an unnamed United States-based ‘hyperscale’ client, for which Sterlite Tech will supply optical connectivity products as per the customer’s needs.
The deal details further showed that the contract, which is valued at around $1.1 billion or ₹10,622 crore (at an Indian rupee exchange rate of 95.7), will be executed over a multi-year period by the year ended March 2029.
Wipro: IT sector firm Wipro on Friday, May 22, fixed the record date for its largest-ever buyback worth ₹15,000 crore, according to a regulatory filing.
The company said that it has fixed Friday, June 5, 2026, as the record date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.
On April 16, Wipro’s board of directors had approved the proposal to buy back up to 60 crore fully paid-up equity shares of ₹2 each, being 5.7% of the total paid-up equity share capital, for an aggregate amount not exceeding ₹15,000 crore at a price of ₹250 per equity share.
Hindalco Industries: Hindalco Industries on Friday, May 22, reported its earnings for the January-March quarter of the 2025-26 financial year (Q4 FY26), posting a 26.74% quarter-on-quarter (QoQ) surge in its consolidated net profit to ₹2,597 crore.
In the quarter-ago period, it logged a profit of ₹2,049 crore. However, on a year-on-year (YoY) basis, its profit fell 50.83% annually from ₹5,284 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).
Its bottom line was impacted by the Oswego disruption due to fires, according to a regulatory filing.
Sun Pharma: Sun Pharmaceuticals reported a 26% rise in its consolidated net profit after tax (PAT) for the March quarter of the year ending 2025-26 due to the company’s strong performance in the domestic market.
The NSE filings showed that Sun Pharma’s net profits surged 26% to ₹2,714 crore in the fourth quarter, compared year-on-year with ₹2,149 crore in the same period a year earlier, as per the consolidated financial statements.
Yatra Online: Online travel company Yatra Online reported a 46% decline in consolidated net profit to ₹8.20 crore for the March 2026 quarter due to disruptions caused by the West Asia conflict.
The company’s profit was ₹15.21 crore in the corresponding period of the last fiscal year, Yatra Online said in a regulatory filing.
Its revenue from operations declined by 13.68% in the quarter under review to ₹189.01 crore compared to ₹218.97 crore a year ago.
“We delivered a strong FY26, with execution remaining strong despite a volatile macro and geopolitical backdrop. Performance was broadly in line with revised guidance, supported by 24.5% RLSC (Revenue less service cost) growth and 37.5% adjusted EBITDA growth, reflecting operating leverage and disciplined cost control,” Yatra Online Chief Executive Officer Siddhartha Gupta said.
Cube Highways Trust: Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, announced a distribution per unit (DPU) of ₹3.57 for the fourth quarter of FY26.
The total distribution for the quarter amounts to ₹480 crore, the trust said in a statement.
This distribution comprises ₹1.74 per unit as interest, ₹0.27 per unit as dividend, ₹1.55 per unit as repayment of SPV loan, and ₹0.01 per unit as treasury income, it added.
Pankaj Vasani, Group CFO of Cube InvIT, stated: “Cube Highways Trust ended the financial year with consolidated income increasing 26.23% YoY to ₹4,359 crore and consolidated EBITDA rising 29.95% YoY to ₹3,092 crore.”
Revenue from operations grew 28.17% YoY to ₹4,239 crore, driven by robust traffic growth of 8.1% and supported by value-accretive acquisitions during the year.
Fortis Healthcare: Fortis Healthcare has reported a 44.23% rise in its consolidated profit after tax to ₹271.19 crore for the March 2026 quarter.
The company had posted a profit after tax (PAT) of ₹188.02 crore in the January-March period a year ago, according to a regulatory filing by Fortis Healthcare on Friday.
Its revenue from operations increased 17.8% to ₹2,364.67 crore in the March quarter of FY26. This was ₹2,007.20 crore in the corresponding period of the preceding fiscal.
Fortis Healthcare’s revenue from its Healthcare business grew 18.9% to ₹2,023.23 crore.
“Revenue growth in the hospital business was driven by a 15% increase in occupied beds in FY26 compared to FY25 and a 17% increase in occupied beds in Q4 FY26 compared to Q4 FY25,” it said.
Its revenue from its diagnostics business increased 11.13% to ₹387.26 crore.
Eicher Motors: Eicher Motors recorded a nearly 12% rise in net profit after tax (PAT) against the backdrop of a healthy rise in core revenues due to the domestic market demand in India, according to an exchange filing.
In the NSE filing, Eicher Motors posted a nearly 12% rise in consolidated net profit after tax to ₹1,520 crore in the fourth quarter of the fiscal year ended 2025-26, compared with ₹1,362 crore in the same period a year ago.
The automaker’s revenue from core operations rose 15.7% year-on-year to ₹5,961 crore in the March quarter, up from ₹5,150 crore in the same quarter of the previous fiscal year, as per the consolidated statements.
Signature Global: Realty firm Signature Global is targeting nearly doubling its operational revenue this fiscal to ₹5,000 crore on better execution of projects, a top company official said.
Gurugram-based Signature Global Ltd’s income from operations increased marginally to ₹2,595.86 crore last fiscal from ₹2,498 crore during 2024-25.
“We have given the revenue recognition guidance of ₹5,000 crore for the current fiscal year,” Signature Global Chairman Pradeep Aggarwal told PTI in an interview.
He pointed out that the construction activities were affected last fiscal because of restrictions in view of high air pollution across Delhi-NCR.
Aggarwal said the ban on construction activities delayed the completion of some of its projects, and hence, the revenue recognition also got impacted.
Anupam Rasayan: Speciality chemicals maker Anupam Rasayan India has signed an agreement to acquire up to a 43.3% stake in pharmaceutical formulations company Bliss GVS Pharma Ltd. for an estimated ₹1,369.51 crore and launch an open offer to acquire a further 26% in the firm, according to a statement.
The Surat-based company will acquire a 43.3% stake at ₹299 per share for ₹1,369.51 crore and launch a mandatory open offer for an additional 26% from public shareholders at the same price, Anupam Rasayan said in a late-night regulatory filing.
“We have entered into a definitive agreement to acquire a 43.3%-48.2% equity stake and are making an open offer to the public shareholders of Bliss GVS Pharma,” Anupam Rasayan India Managing Director Anand Desai said.
The acquisition will be funded through a ₹300 crore term loan, with the remaining amount financed via a non-controlling, non-voting equity instrument.
“This will strategically strengthen our presence across the pharmaceutical value chain, spanning key starting materials to finished dosage formulations,” Desai added.
Bliss GVS Pharma, listed on the NSE and BSE, develops and exports a range of formulations, including suppositories, tablets, capsules, and injectables.
The company, established in 1984, holds EU-GMP certification and operates manufacturing facilities in Maharashtra and Daman with approvals from the USFDA and the World Health Organization.
Studds Accessories: Helmet maker Studds Accessories on Sunday reported a 6.1% growth in its post-tax profit at ₹21.1 crore in the March quarter of FY26.
The profit after tax during the fourth quarter of FY25 was recorded at ₹19.9 crore, Studds Accesories Ltd said.
Net revenue from operations during the quarter under review stood at ₹167.5 crore, 11% up from ₹149.8 crore in the January-March period of 2024-25.
For the entire FY26, net profit grew 18.7% year-on-year to ₹82.7 crore, while the revenue jumped 8.6% to ₹634.2 crore.
The year (FY26) was marked by healthy growth across both domestic and export markets, supported by an improved product mix, premiumisation initiatives, operational efficiencies, and strong brand acceptance across segments, said Sidharth Bhushan Khurana, Managing Director at Studds Accessories Ltd.
Reliance Infrastructure (RInfra): Reliance Infrastructure (RInfra) posted a sharp decline in consolidated net profit at ₹918.07 crore during the March quarter of FY26, citing higher expenses.
The company had reported a net profit of ₹4,387.08 crore in the same quarter a year ago, Reliance Infrastructure said in an exchange filing on Friday.
During the latest January-March period, the company’s total income fell to ₹4,154.34 crore from ₹4,268.05 crore recorded in the fourth quarter of the preceding 2024-25 financial year.
Expenses, which include multiple components, increased to ₹5,419.87 crore in the reporting period from ₹4,827.97 crore in the corresponding quarter of FY25.
Indian Railway Finance Corporation (IRFC): State-owned Indian Railway Finance Corporation is planning to mobilise $2 billion through external commercial borrowing, primarily in Japanese yen, to fund business growth in the current financial year.
The external commercial borrowing (ECB) is part of the ₹70,000 crore resource mobilisation plan approved by the board of Indian Railway Finance Corporation (IRFC) for the ongoing financial year.
“We have just signed a loan agreement with the consortium of banks for raising an external commercial borrowing loan of JPY equivalent to $1.1 billion. Given the pipeline of projects, we expect disbursements within the June quarter itself,” IRFC Chairman and Managing Director Manoj Kumar Dubey told PTI.
The ECB, being raised for the JPY equivalent of $1.1 billion, has been tied up for a 5-year tenor and benchmarked to the overnight TONAR (Tokyo Overnight Average Rate).
LIC: State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making firm in the Indian financial sector in the March quarter, netting a little over Rs 23,400 crore.
Even among central public sector enterprises, the corporation maintained the number one position for fourth-quarter profit for FY26.
Last week, LIC reported a 23% jump in net profit to a record ₹23,420 crore in the just-concluded March quarter as compared to ₹19,013 crore in the corresponding period of the previous year.
The insurance behemoth was followed by the country’s biggest lender, State Bank of India (SBI), and the second-biggest lender HDFC Bank, with profits of ₹19,684 crore and ₹19,221 crore, respectively, during the fourth quarter, according to the financial numbers posted on exchanges.
However, SBI significantly outpaced LIC in annual profit, earning ₹80,032 crore in FY26 compared to LIC’s ₹57,419 crore.
NTPC: Power giant NTPC on Saturday posted over a 34% jump in consolidated net profit to ₹10,614.95 crore during the March quarter compared to the year-ago period.
The company had reported a net profit of ₹7,897.14 crore in the same quarter a year ago, NTPC said in an exchange filing.
However, its total income fell to ₹50,410.58 crore in the March quarter of FY26 from ₹51,085.05 crore in the fourth quarter of the preceding 2024-25 financial year.
The company trimmed expenses to ₹43,237.90 crore from ₹43,390.76 crore in the year-ago period.
In a separate statement, NTPC said its consolidated net profit for FY26 rose by 15% to ₹27,546 crore, up from ₹23,953 crore in FY25.
Gokaldas Exports: Apparel manufacturer Gokaldas Exports has reported a 31.97% year-on-year decline in consolidated net profit to ₹35.96 crore during the quarter ended March 31 due to disruptions following US tariffs and geopolitical volatility.
The company’s net profit was at ₹52.86 crore during the corresponding period of the previous year, Gokaldas Exports said in a regulatory filing.
Revenue from operations grew by 5.27% during the quarter under review at ₹1,068.84 crore compared with ₹1,015.33 crore in the same period of the previous fiscal year.
“Disruption due to penal US tariffs and volatile geopolitical events impacted our costs and margin during the year. Exceptional teamwork, strong customer relationships, and relentless execution in the face of strong adversities helped us deliver a superior business performance. We grew our revenue and more or less maintained our EBITDA margin,” Gokaldas Exports Vice Chairman and Managing Director Sivaramakrishnan Ganapathi said.