logo
Stocks to watch: IndiGo, LIC, NMDC, Bharat Dynamics, Lupin, Tata Motors among shares in focus today

Stocks to watch: IndiGo, LIC, NMDC, Bharat Dynamics, Lupin, Tata Motors among shares in focus today

Mint27-05-2025

Shares of LIC, NMDC, Bharat Dynamics, Info Edge will remain in focus as companies will announce Q4 results today.
Rakesh Gangwal, co-founder of InterGlobe Aviation, is planning to sell up to 3.4% of his stake in the company through a block deal, which could raise as much as ₹ 6,831 crore, according to sources. The shares will be offered at a floor price of ₹ 5,175 each—approximately 4.5% below the current market rate.
The pharmaceutical company announced that it has signed a licensing and supply deal with SteinCares for its biosimilar Ranibizumab in Latin American markets, excluding Mexico and Argentina. Ranibizumab is used to treat various retinal conditions, such as age-related macular degeneration and diabetic macular edema.
Online gaming firm Nazara Technology announced on Monday that it recorded a net profit of ₹ 4 crore in the fourth quarter of FY25, a significant rise from the ₹ 18 lakh it reported during the same period last year.
Brainbees Solutions, the parent company of Firstcry, posted a net loss of ₹ 111 crore in the fourth quarter of FY25, a significant increase from the ₹ 43 crore loss recorded in the same quarter last year.
Tata Motors contributed ₹ 38,892 crore in taxes and other payments worldwide in 2024–25, reflecting a 1% decrease from the ₹ 39,344 crore paid in FY24, as revealed in its first-ever Tax Transparency Report.
Dabur's Board has given the green light for the merger of Sesa Care with the company.
India's leading real estate developer is set to unveil its highly anticipated premium housing project in Mumbai within the next two weeks.
The promoters of PG Electroplast plan to offload up to 5.62% of their stake through a block deal valued at ₹ 1,177 crore, setting a floor price of ₹ 740 per share. A 180-day lock-in period will apply to any additional share sales.
The pharmaceutical company posted a consolidated revenue of ₹ 8,382.1 crore for the March quarter, reflecting an 11% increase compared to the same period last year, aligning closely with market expectations.
Sagility B.V., the parent company of Sagility India Ltd., intends to divest up to 15.02% of its equity stake in the company via an Offer for Sale (OFS).
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

LIC raises stake in Dr. Reddy's
LIC raises stake in Dr. Reddy's

The Hindu

time5 hours ago

  • The Hindu

LIC raises stake in Dr. Reddy's

Life Insurance Corporation of India's stake in Dr. Reddy's Laboratories raced past the 8% mark recently with the country's largest institutional investor acquiring an additional, more than 2% in the generic drugmaker since October 2024. From about 6.20%, the holding increased to 8.21% in a period of less than eight months through open market purchases. In terms of number of shares, LIC had acquired more than 1.67 crore during this period, the Hyderabad-headquartered pharma major said in a filing. Dr. Reddy's shares closed 3.01% higher on Thursday at ₹1,289.90 apiece on the BSE.

₹15,500 crore bet! IRFC, Asian Paints to Patanjali among LIC's top 15 stock picks in Q4. Do you own?
₹15,500 crore bet! IRFC, Asian Paints to Patanjali among LIC's top 15 stock picks in Q4. Do you own?

Mint

time11 hours ago

  • Mint

₹15,500 crore bet! IRFC, Asian Paints to Patanjali among LIC's top 15 stock picks in Q4. Do you own?

LIC stock portfolio: India's biggest institutional investor – Life Insurance Corporation of India's (LIC) – top stock bets in the March quarter seem to be paying off. Among the 15 top stock picks of LIC, wherein the PSU company ploughed nearly ₹ 15,463 crore, two-thirds (10 companies) have managed to deliver returns to investors so far in the financial year 2025-26 (FY26). LIC's top stock picks in the March quarter included several Nifty50 stocks, some PSU companies and mid-cap stocks. Patanjali Foods was LIC's biggest purchase of Q4FY25, with the DII lapping up ₹ 1,626 crore worth of shares during the period, according to estimates by Kotak Institutional Equities (KIE). LIC raised its stake in Baba Ramdev-owned fast-moving consumer goods (FMCG) company by 2.5%, bringing its stake to 7.7% in Q4 from 5.2% in Q3. However, so far in the current fiscal year, Patanjali's share price is down almost 7% in just three months. Patanjali was followed by CESC, Tata Chemicals, KPIT Technologies and Jindal Stainless. LIC raised its stake by 1.8% to 1.2% in the company. All these stocks have paid off LIC's bet, rising up to 15% in the same period. PSU stocks like NHPC, IRFC and Punjab National Bank were also on the list, witnessing an increase in LIC's shareholding by 1.2%, 1.1% and 0.8%, respectively. All three stocks have been trading in the green, with high-flying IRFC stock delivering 16% returns in FY26 so far. It was closely followed by PSU bank stock PNB, which has risen 13%, and NHPC, which has gained 8%, in this period. However, UCO Bank, another PSU wherein LIC raised stake by 1.1%, has lost 4%. In signs of bottom-fishing, LIC also bet on severely down Asian Paints stock. LIC raised its shareholding in the company to 8.3% from 7.2% earlier in a show of confidence, even as India's largest paints maker struggles amid rising competitive intensity due to the entry of new players. Asian Paints' share price is down 24% in the last one year and has lost 7% in FY26 so far. Media reports recently suggested that Mukesh Ambani's Reliance Industries is looking to offload its 4.9% stake in Asian Paints. Other stocks that made the list include large-cap stocks like Bajaj Auto, Tata Consumer Products, Britannia Industries and Havells. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Why did Diamond Power Infrastructure share price fall 6% in upbeat market?
Why did Diamond Power Infrastructure share price fall 6% in upbeat market?

Business Standard

time12 hours ago

  • Business Standard

Why did Diamond Power Infrastructure share price fall 6% in upbeat market?

Diamond Power Infrastructure shares slipped 5.6 per cent in trade on Thursday, June 5, 2025, logging a day's low at ₹101.6 per share on BSE. The selling pressure on the counter came after the offer for sale (OFS) opened for non-retailer investors. According to the filing, promoters Monarch Infraparks and GSEC have proposed to sell up to 5.98 per cent stake in the company. In the past one year, Diamond Power Infra shares have gained 28 per cent as compared to Sensex's rise of around 9 per cent. At 9:32 AM, Diamond Power share price was trading 4.13 per cent lower at ₹103.25 per share on the BSE. In comparison, the BSE Sensex was up 0.38 per cent at 81,302.96. The market capitalisation of the company stood at ₹5,440.98 crore. The 52-week high of the stock was at ₹193.58 per share and the 52-week low of the stock was at ₹81 per share. Diamond Power Infrastructure OFS On Wednesday, June 4, 2025, after market hours, the company announced the OFS. The promoters have proposed to sell up to 2,10,00,000 shares of the company (representing 3.99 per cent of the total issued and paid-up equity share capital of the Company) which is the base offer size. Under the oversubscription option, they have proposed to sell up to 1,05,00,000 shares or 1.99 per cent stake. 3,15,00,000 shares or 5.98 per cent stake will collectively be referred to as 'Offer shares". The OFS window opened for non-retail investors today, June 5, 2025, and will open for retail investors on Friday, June 6, 2025. The floor price for the OFS is fixed at ₹95 per share which is around 12 per cent discount from previous close of ₹107.7 per share on BSE. What is an offer for sale or OFS? An Offer for Sale (OFS) is a method used by promoters or major shareholders of a listed company to sell their shares to the public through the stock exchange platform. About Diamond Power Infrastructure Diamond Power Infrastructure is an integrated power equipment manufacturer of power cables (HV, LV & EHV) and transmission towers. The company's laboratory pioneers new technologies in the sector that have led to innovations.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store