30-05-2025
Stocks to watch on May 30: Suzlon, EIL, Sobha, NBCC, Infosys, Bajaj Auto, Wipro in focus after Q4 results, deal wins
Indian equities will track a busy slate of stock-specific developments today, with several key companies reporting quarterly results and announcing fresh deals. Suzlon, Engineers India (EIL), Sobha, NBCC, Infosys, Bajaj Auto, and Wipro are among the stocks in focus following their Q4 earnings and business updates. Strong earnings boost stocks
Suzlon Energy reported a strong Q4 with net profit surging to ₹1,181 crore from ₹254 crore a year ago, while revenue climbed to ₹3,774 crore from ₹2,179 crore.
Engineers India (EIL) posted net profit of ₹280 crore versus ₹115 crore YoY, with revenue rising to ₹1,010 crore.
Sobha Ltd saw net profit jump to ₹40.8 crore from ₹7 crore, while revenue surged to ₹1,240.6 crore.
NBCC also delivered solid results with net profit of ₹176 crore versus ₹136 crore and revenue at ₹4,642 crore versus ₹3,996 crore. IT majors: Infosys, Wipro in news
Infosys launched over 200 enterprise AI agents as part of its Topaz AI offerings in collaboration with Google Cloud. The company is also trading ex-dividend today (₹22 per share).
Wipro unveiled its 'Wipro Innovation Network,' targeting frontier technologies such as AI and quantum computing. Bajaj Auto, other key movers
Bajaj Auto reported neutral results with net profit of ₹1,801.85 crore versus ₹2,011.43 crore and revenue of ₹12,646 crore versus ₹11,554 crore.
Other notable earnings include ICRA, Lumax Auto, Technocraft, Lemon Tree Hotels, Yatra, Antony Waste, SENCO, Procter & Gamble Health, and Orchid Pharma, all posting positive YoY growth. New orders, partnerships
NLC India signed a JV agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd.
Frontier Springs secured ₹292.6 crore worth of orders from Indian Railways' coach factories.
Vakrangee's unit received an LOI from Punjab & Sind Bank for supply and maintenance of 600 ATMs. Stocks facing headwinds
In the red, Ola Electric posted a larger net loss of ₹870 crore, compared to ₹416 crore YoY, with revenue also sharply down.
Vishnu Prakash R Punglia, KNR Constructions, SJVN, Mazdock, Shalby, TARC, and Landmark Cars also reported weaker earnings.
Wardwizard saw promoter Yatin Sanjay Gupte offload 64.5 lakh shares between May 21-27, adding to selling pressure. F&O, corporate actions
Stocks being added to F&O segment from today include RVNL, BDL, Bluestar, Fortis, Kaynes, Mankind, PPL Pharma, and Uno Minda.
Several stocks, including Infosys, Bajaj Finance, Angel One, Glaxosmithkline, and others, will trade ex-dividend today.
Disclaimer: The above article is purely based on company filings and public sources. Business Upturn does not provide investment advice. Investors are advised to consult certified professionals before making investment decisions.
News desk at