Summary:
GAIL, Nykaa, Paytm, Maruti Suzuki, and Indian Overseas Bank are expected to remain in focus after quarterly earnings, fundraising plans, stake sale reports, and pricing updates. Nykaa and Honasa Consumer gained attention after strong Q4 earnings, while Paytm may see volatility amid reports of a stake sale through block deals.
Several stocks are expected to remain in focus on Friday after quarterly earnings announcements, fundraising plans, management changes, and stake sale reports triggered investor interest.
GAIL (India)
State-run gas utility GAIL reported a weak set of standalone Q4 numbers. The company’s net profit declined 38.4% year-on-year to ₹1,262.2 crore from ₹2,049 crore in the corresponding quarter last year. Revenue from operations also slipped 2.6% to ₹34,772.5 crore compared to ₹35,685.2 crore a year ago.
The sharp fall in profitability is likely to keep the stock under pressure despite relatively stable revenue performance.
Aurobindo Pharma
Aurobindo Pharma posted a steady operational performance during the March quarter. Consolidated net profit rose 2% year-on-year to ₹921.3 crore from ₹903.5 crore, while revenue increased 5.6% to ₹8,853.3 crore from ₹8,382.1 crore.
The growth in sales and stable profitability may support investor sentiment in the pharma counter.
LG Electronics India
LG Electronics India reported mixed Q4 earnings. The company’s profit declined 8.2% year-on-year to ₹692.7 crore from ₹754.5 crore. However, revenue rose 8.1% to ₹8,053.6 crore compared to ₹7,448.4 crore in the same period last year.
Investors are likely to track margin pressures despite healthy revenue growth.
FSN E-Commerce Ventures
Nykaa delivered a strong earnings performance in the March quarter. Consolidated profit surged 286.5% year-on-year to ₹78.4 crore from ₹20.3 crore, while revenue jumped 28.4% to ₹2,648.2 crore from ₹2,061.8 crore.
The strong growth in both profit and revenue is expected to boost sentiment around the beauty and fashion retailer.
Honasa Consumer
Honasa Consumer, the parent company of Mamaearth, reported robust Q4 results. Net profit climbed 177% year-on-year to ₹69.2 crore from ₹25 crore, while revenue increased 23.1% to ₹657 crore from ₹533.6 crore.
Strong earnings growth may keep the FMCG stock in focus during today’s session.
One 97 Communications
Paytm may witness heightened activity after reports suggested that SAIF Partners is looking to offload around 86 lakh shares, representing nearly 1.3% equity stake, through block deals.
According to reports, the floor price for the proposed transaction has been set at ₹1,120.65 per share. The potential stake sale could impact stock movement in the near term.
Maruti Suzuki India
Maruti Suzuki announced a price hike across its vehicle portfolio by up to ₹30,000, effective June 2026, citing sustained increases in input costs and inflationary pressures.
The automaker said it has decided to pass on part of the higher costs to customers amid a challenging cost environment. The development will be closely monitored by investors for its impact on demand and margins.
Indian Overseas Bank
Indian Overseas Bank’s board approved fundraising plans worth up to ₹5,000 crore through multiple routes, including FPO, rights issue, QIP, or preferential issue in one or more tranches.
The board also cleared the issuance of 10 crore shares to employees and approved raising up to ₹1,000 crore through Basel III-compliant Tier II bonds, with or without a green shoe option.
The capital-raising measures are aimed at strengthening the bank’s balance sheet and supporting future growth.
Fino Payments Bank
Fino Payments Bank remained in focus after MD & CEO Rishi Gupta opted for voluntary early retirement from his position effective May 21.
Meanwhile, the board approved the extension of Ketan Merchant’s tenure as interim CEO for three months starting May 27, subject to RBI approval. The bank also extended the tenure of Interim CFO Anup Agarwal for three months, effective July 6.
The management transition is likely to be closely tracked by investors.
