Last Updated:
Stocks to watch: Shares of firms like Titan, Swiggy, Paytm, Kalyan Jewellers, Biocon, Zee, and others will be in focus on Friday’s trade
Stocks To Watch On May 9
Stocks to Watch on May 9: Markets ended Thursday’s weekly expiry session on a choppy note, closing down by half a percent. On Friday, May 9, several stocks are likely to remain in focus due to quarterly earnings announcements and key corporate developments.
Swiggy, Dr Reddy’s
All eyes will be on Swiggy and Dr Reddy’s as both companies are set to announce their Q4 FY25 results today.
Kalyan Jewellers
Kalyan Jewellers reported a robust Q4 performance, with consolidated revenue rising 37% year-on-year to Rs 6,182 crore, compared to Rs 4,512 crore in the corresponding period last year.
Titan
Titan Ltd posted a 13% year-on-year rise in consolidated net profit for Q4FY25, coming in at Rs 871 crore versus Rs 771 crore in the same quarter last year.
Zee Entertainment
Zee Entertainment Enterprises reported a sharp 1,305% surge in consolidated net profit, reaching Rs 188 crore for Q4FY25, up from Rs 13.4 crore in the year-ago period.
Paytm
Paytm, along with its founder Vijay Shekhar Sharma, has resolved a case with the Securities and Exchange Board of India (SEBI) over alleged violations related to employee stock options.
Biocon
Biocon reported a consolidated net profit of Rs 344 crore for Q4, with revenue from operations at Rs 4,417 crore.
Brigade Enterprises
The real estate developer has acquired an 11-acre land parcel in Whitefield, Bengaluru. The land will be developed into a premium commercial project with a gross leasable area of 1.5 million sq. ft. and a gross development value exceeding Rs 2,000 crore.
MCX
Multi Commodity Exchange of India (MCX) posted a 54% year-on-year growth in consolidated net profit to Rs 135 crore in Q4FY25, compared to Rs 88 crore in the same period last year.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
- First Published:
