Stocks to Watch Today, 20th May 2025: IndusInd Bank, Power Grid Corporation of India, and more

Indian share markets are set for a positive start on Tuesday, May 20, 2025, supported by strong global cues and improving investor sentiment after Monday's decline.

The GIFT Nifty was trading 90 to 98 points higher, around the 25,074–25,083 range, indicating a firm opening for the Nifty 50. Market focus is likely to shift toward stock-specific news and key economic updates as the session progresses.

Stock to focus 

IndusInd Bank is being probed by India's markets regulator (SEBI). Six officials are reportedly involved in the probe for alleged insider trading in connection with accounting failures at the bank prior to public disclosure.

Power Grid Corporation of India registered a marginal decline in standalone profit, 0.6% lower year-on-year (YoY) to ₹4,336.2 crore, while a second source registered a 0.6% fall to ₹4,143 crore. Revenue was down 0.6% to ₹10,982.6 crore YoY. The board declared a final dividend of ₹1.25 a share for FY 24-25.

Bharat Electronics (BEL) reported a staggering 18.4% increase in consolidated profit YoY to ₹2,127 crore. Revenue also increased 6.8% YoY to ₹9,149.6 crore. A final dividend of ₹0.90 per share was declared.

Realty giant DLF registered its consolidated profit growing 39.3% YoY to ₹1,282.2 crore. Revenue also grew sharply by 46.5% YoY to ₹3,127.6 crore. The board of the company had recommended a hefty dividend of ₹6 per share for FY25.

Borosil registered a steep rise in consolidated profit, surging 119.4% YoY to ₹11.1 crore. Revenue increased 15.7% to ₹270.2 crore YoY.

CMS Info Systems posted a 6.7% rise in consolidated profit to ₹97.6 crore YoY, while revenue decreased marginally by 1.3%. The firm announced both a special (interim) dividend of ₹3 and final dividend of ₹3.25 per share.

GMR Power and Urban Infra experienced a drop in consolidated profit, down 7.2% YoY to ₹177.5 crore, while revenue rose 6.3%.

HFCL has obtained a ₹173.72 crore purchase order for the delivery of domestically produced telecom network gear for a leading domestic telecom operator's 5G network.

Rail Vikas Nigam (RVNL) has been the lowest bidder for an IRCON International project that is worth ₹178.64 crore. The project includes the supply of signalling, telecommunication, and associated materials, as well as installation and commissioning services at 10 new stations.

Shyam Metalics and Energy is making a strategic foray into the wagon manufacturing business with a new plant in West Bengal. The plant, under its subsidiary, will be commissioned by March 2026.

DOMS Industries has got the board's okay to purchase a 51% stake in Super Treads.

Waaree Energies has taken over Kamath Transformers and Green New Delhi Forever Energy

Ola Electric Mobility will be meeting on May 22 to discuss and approve, if possible, a proposal for raising funds by way of issuance of non-convertible debentures (NCDs) or other suitable securities through private placement.

Ami Organics promoters Nareshkumar Ramjibhai Patel and Chetankumar Chhaganlal Vaghasia have offloaded a 6.59% holding in the firm at ₹1,115 per share to Kotak Mahindra Mutual Fund.

Mahindra Manulife Mutual Fund sold 1 lakh shares of Bharat Bijlee at an average price of ₹3,089.64 per share.

Saif Partners India IV offloaded a 1.1% stake in Le Travenues Technology (Ixigo) at an average price of ₹178 per share.

Niveshaay Hedgehogs Fund acquired 50,426 equity shares in Mangalam Organics at an average price of ₹574.91 per share.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here