Stocks to Watch Today, 21th May 2025, Dixon Technologies,NHPC and more
As trading begins on 21 May, market players are anxiously observing a mixed batch of companies set to respond to recent account news, company statements, and high-value transaction flows. This follows a prior session where benchmark indices ended lower, characterized by weakness in automobile and consumption shares, accompanied by cautious mood driven by external economic uncertainties. Today's trade will be influenced by a series of company-specific news carried in the sources.
Stock to Focus
Dixon Technologies posted a sharp increase in consolidated profit, which rose 378% year-over-year to ₹465 crore from ₹97.3 crore in the same quarter of last year. Revenue also posted sharp growth at 121% at ₹10,292.5 crore from ₹4,658 crore. The firm posted an exceptional gain of ₹250.4 crore and declared a final dividend of ₹8 per share for FY25.
NHPC reported a 52% increase in net profit, which came in at ₹919.6 crore compared to ₹605 crore for the previous year. Revenue for the period increased by 24.4% to ₹2,347 crore from ₹1,886.9 crore.
United Spirits reported a 74.7% year-over-year growth in profit, which was at ₹421 crore from ₹241 crore. Revenue increased 8.9% to ₹3,031 crore from ₹2,783 crore.
Aster DM Healthcare transitioned from a loss of ₹24 crore during the previous year to profits of ₹79 crore. Revenue increased modestly by 2.7%, reaching ₹1,000.3 crore.
Gujarat State Fertilizers & Chemicals (GSFC) witnessed a notable 190% rise in profit to ₹71.7 crore. Topline, however, saw a marginal decline of 2.2% to ₹1,922.2 crore. The board proposed a dividend of ₹5 per share.
Gland Pharma registered a marginal decrease in profit at 3.1% to ₹186.5 crore. Revenue fell 7.3% to ₹1,424.9 crore. The board recommended a final dividend of ₹18 per share for FY25.
EIH recorded a 5.7% growth in profit to ₹261.6 crore, with revenue growing 11.6% to ₹827.5 crore.
RMC Switchgears posted significant growth, with profit increasing 212.2% to ₹21.3 crore and revenue climbing 150.4% to ₹213.4 crore.
Religare Enterprises had its profit fall by 16.4% to ₹151.3 crore, while revenue was up 9.3% at ₹2,028.4 crore.
Torrent Pharmaceuticals had a net profit of ₹498 crore for the quarter, while revenue was at ₹2,959 crore.
Nazara Technologies got the approval of the Competition Commission of India (CCI) for the acquisition of a majority stake by Axana Estates LLP, Plutus Wealth Management LLP, and Juno moneta Finsol. This regulatory approval is a significant milestone for the gaming technology firm.
IRCON International has received a work order worth ₹253.56 crore from South Western Railway. The work entails commissioning KAVACH equipment and the associated works on 778 RKM of certain railway divisions.
United Breweries is increasing its manufacturing capacity by taking on lease an extra facility in Andhra Pradesh from Ilios Breweries.
Bajaj Finserv was approved by CCI for acquiring stake in Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company, and Bajaj Allianz Financial Distributors from Allianz SE.
VL E-Governance & IT Solutions entered into an MoU with Ekansh Concepts to be the EPC partner for the Sankalp Industrial Smart City Project valued at an EPC contract size of ₹800 crore.
GMM Pfaudler finalized an investment to purchase a 51% holding in GMM Inox sp. z o.o, Poland-based joint venture for engineering and manufacturing.
UGRO Capital proposed raising substantial growth capital, including ₹915 crore through a preferential issue and ₹400 crore through a rights issue.
Inox Green Energy Services signed contracts to offer O&M services for 639 MWp solar projects for a prominent renewable energy corporation.
State Bank of India (SBI) reported that its board approved raising up to $3 billion of long-term funds in FY26 to fund operations.
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