Top stocks to watch today, May 12: SBI, Yes Bank, Adani Power, Swiggy, Prestige Estates, ABB India and more
By Aman Shukla Published on May 12, 2025, 08:23 IST
Indian benchmark indices, Sensex and Nifty50, are expected to open on a positive note today, supported by improving geopolitical sentiment as the India-Pakistan understanding remains intact. Here's a look at key stocks likely to remain in focus: Key Stocks to Watch SBI, Yes Bank : State Bank of India and a group of banks are set to sell a 20% stake in Yes Bank to Sumitomo Mitsui Banking Corporation.
Adani Power : Received a Letter of Award from Uttar Pradesh Power Corporation to supply 1,500 MW of electricity.
BEML : Allotted approximately 148 acres of land by the Madhya Pradesh government.
Prestige Estates : Announced a joint development agreement with Arihant for real estate projects in Chennai.
Puravankara : Formed a joint venture for 24.59-acre land in Bengaluru with an estimated gross development value (GDV) of ₹3,300 crore.
Birla Corporation : Reported better-than-expected Q4 results with a 7% quarter-on-quarter rise in realizations.
Solara Active Pharma : Received Form 483 with zero observations from the US FDA for its Ambernath manufacturing facility.
Novartis India : Posted a year-on-year revenue growth of 3%; operating margin improved to 28.5% from 14.2%.
CE Info Systems : Reported a 46% increase in EBITDA and a 34.2% YoY rise in revenue.
Atul Auto : EBITDA increased 14.5%, while revenue grew 31.9% YoY.
Eveready Industries : EBITDA rose 2.4% YoY, with a slight margin decline to 8.6% from 9%.
Aarti Pharma : Reported 24% growth in EBITDA, with operating margin rising to 25.8% from 23.2%.
Triveni Turbines : Posted 34% YoY growth in EBITDA; margin improved to 22.4% from 19.6%.
Borosil Renewables : Turned EBITDA positive; revenue increased 32% YoY.
Pharma : 'To sign an exec order to reduce drug prices,' Trump on Truth Social
Manappuram Finance : NII declined 3% YoY; other expenses rose 21%.
ABB India : Q1CY25 results missed estimates, though EBITDA margin improved by 8 basis points YoY.
Thermax : Q4 earnings fell below expectations, citing soft growth in industrial infrastructure and green solutions.
Glenmark : The US FDA classified its Indore manufacturing facility as 'Official Action Indicated'.
Bank of India : Net interest margin declined to 2.61% from 2.80% QoQ; net NPA rose to 1.22% from 0.85%.
Navin Fluorine : Reported results in line with estimates; margin rose by 720 basis points YoY.
Swiggy : Reported overall EBITDA pressure, primarily due to losses in its quick-commerce business.
GE Shipping : Revenue declined 18.3%, while profit dropped 60% YoY.
Electrosteel Castings : Reported a 48.7% decline in EBITDA; margin dropped to 9.45% from 15.5%.
Apollo Pipes: EBITDA fell 2%; operating margin decreased to 7.65% from 9.62%. ABB IndiaAdani PowerPrestige EstatesSBIStock MarketSwiggyYes Bank
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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