Stocks to watch on May 27: IndiGo, LIC, FirstCry, Borana Weaves, Tata Motors
Dalal Street started the week on a positive note, with both Sensex and Nifty gaining over 0.5% on Monday. The rise was mainly led by metal and auto stocks. Positive global cues and encouraging news on the domestic front gave investors more confidence. Investors will be hoping that Sensex and Nifty can maintain their winning run, adding to their wealth. "As the Nifty once again approaches its previous swing high, sustained strength in key sectors, especially banking, will be crucial to surpass the 25,200 hurdle and regain upward momentum. In the meantime, traders are advised to remain stock-specific and use any intermediate dips or pauses as opportunities to accumulate quality names across sectors," said Ajit Mishra, Senior Vice President, Research at Religare Broking Ltd.Q4 RESULTS DUE TODAYSeveral companies are set to report their quarterly earnings on May 27. These include Life Insurance Corporation of India (LIC), Bosch, Bharat Dynamics, NMDC, Zinka Logistics Solutions, Carraro India, DCX Systems, EPACK Durable, Gujarat Fluorochemicals, Gateway Distriparks, Hindustan Copper, JK Lakshmi Cement, Medplus Health Services, Minda Corporation, Info Edge, (India), Rashtriya Chemicals and Fertilisers, Triveni Engineering & IndustriesBORANA WEAVESThe shares of Borana Weaves will be listed on the stock exchanges today. The IPO received strong interest from investors during its subscription period. The company is expected to make a positive market debut based on the demand seen earlier and its latest GMPINTERGLOBE AVIATION (INDIGO)Rakesh Gangwal, a foreign promoter of InterGlobe Aviation, is expected to sell up to a 3.4% stake in the company through block deals. According to a report by CNBC-TV18, the sale could fetch around Rs 6,831 crore. The floor price for the stake sale is set at Rs 5,175 per share.FIRSTCRY (BRAINBEES SOLUTIONS)Brainbees Solutions, the parent company of FirstCry, reported a net loss of Rs 111 crore in the fourth quarter of FY25. This is a sharp rise in losses compared to the Rs 43 crore loss reported in the same quarter last year.NAZARA TECHNOLOGIESNazara Technologies posted a strong set of numbers for Q4FY25. The company's consolidated net profit rose by 90% year-on-year to Rs 16 crore, compared to Rs 8 crore in the same quarter a year ago.DABURThe board of Dabur India Ltd has approved the merger of Sesa Care with the company. Further details of the merger are awaited.SHILPA MEDICAREShilpa Medicare reported a 41% decline in its net profit for the March quarter. The company posted a net profit of Rs 15 crore, while revenue from operations stood at Rs 331 crore.TATA MOTORSTata Motors announced in its first-ever Tax Transparency Report that it paid Rs 38,892 crore in tax and other contributions globally during 2024-25. This amount is slightly lower than the Rs 39,344 crore paid in the previous year, marking a drop of 1%.advertisement(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
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