Stocks to Watch Today,May 7, 2025: BSE, Paytm and more others
Markets open GIFT Nifty is pointing towards a modest lower opening for local indices, down 0.25% at 24,355. This comes after a widely lower close on Tuesday, with the NSE Nifty 50 off 82 points (0.33%) to 24,380 and the BSE Sensex down 156 points (0.19%) to 80,641. Below are the top stocks set to be in the limelight today as per recent company news and earnings:
Key Stocks in Focus
BSE: India's oldest stock exchange is likely to be in the limelight after announcing firm fourth-quarter results. Consolidated Q4 FY25 net profit jumped 364% (or 362%) year-on-year to ₹493.04 crore (or ₹494 crore). Revenue from operations during the quarter increased 75% year-on-year to ₹847 crore. The company also approved a dividend of ₹23 per share, of which ₹5 is a special dividend.
Paytm: Parent company One 97 Communications reported a consolidated net loss of ₹540 crore in Q4 FY25. Although a slight decrease from the ₹550 crore loss in the same period last year, the loss increased sequentially from the December quarter (₹208.3 crore) on account of a one-time employee stock option expense. The firm also reported a one-time expense of ₹5.22 billion in Q4.
Coforge: The information technology services firm is expecting robust growth in FY26, attributing this to a consistent pipeline of big-ticket deals and rising demand for AI-based solutions. This projection comes despite ongoing global macroeconomic and tariff-related issues. CEO Sudhir Singh was quoted as saying that he was optimistic about the momentum of the company, citing broad-based growth and sustained profitability.
Hindustan Petroleum (HPCL):HPCL is in the spotlight after its Q4 numbers. The company recorded an 18% rise in standalone net profit at ₹3,355 crore year-on-year in Q4 FY25, led by a healthy marketing margin. That, however, was an 11% sequential drop from Q3 FY25. Consolidated net profit in the fourth quarter rose 26% year-on-year to ₹3,415 crore. Revenue from operations for the quarter fell 2% year-on-year at ₹1.18 lakh crore.
Swiggy : The food delivery platform has exited its private label business by selling exclusive licensing rights to its in-house food brands to Kouzina. This is a strategic move as Swiggy deepens its emphasis on quick commerce and core food delivery business.
Bajaj Auto : The automotive company suffered in April, as its retail market share in the domestic two-wheeler space declined to a 30-month low of 10.85%. As per FADA data, the company also lost market position to Honda Motorcycle and Scooter India (HMSI).
Godrej Consumer Products (GCPL): GCPL returned to profit in the quarter ended March, with a consolidated net profit of ₹412 crore in Q4 FY25, against a loss of ₹1,893 crore during the same period last year. But the performance fell short of Street estimates. Consolidated revenues for the quarter rose 6.2% to ₹3,598 crore year on year.
Other Profits: There are some other major companies reporting their Q4 FY25 earnings today, among which are Coal India, Dabur India, MRF, and Tata Chemicals. Their results are also keenly awaited by the market. A complete list of companies reporting today can be viewed in our previous update.
Global Cues: China's PBOC recently cut rates, reducing the 7-day RR to 1.4% and 10bps the LPR, and cutting the RRR by 50bp. These are considered potentially supportive for Chinese markets. China's Vice Premier He Lifeng is also due to meet US Treasury Secretary Bessent, a factor that is considered to be supportive for metals and energy markets. The US trade deficit increased in March.
FTA Developments Updates: on the India-UK Free Trade Agreement highlight significant tariff cuts by India on 90% of UK goods, with 85% becoming fully tariff-free within 10 years. This includes reduced duties on whisky and automotive goods. The UK anticipates lower prices and greater product variety for consumers. The deal is projected to boost UK-India trade by £25.5 billion. India's declaration emphasizes the removal of tariffs on 99% of tariff lines, leaving out sensitive products such as dairy and apples. It will be expected to enhance Indian exports and generate jobs, while gaining strong services commitments from the UK, simplifying mobility for professionals. India anticipates saving exporters more than £400 million every year in tariffs. Meanwhile, India's Finance Minister indicated that an FTA with the EU is a high priority** and potentially within reach by the end of this year.
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