The Indian stock market is currently navigating a phase of caution, influenced by escalating tensions between India and Pakistan and a wave of earnings reports. Investors are closely monitoring a variety of elements, from corporate leadership shifts and substantial financial deals to dividend announcements and quarterly earnings results. Here’s a look at the stocks that are poised to capture attention today.
Market Overview
On May 9, 2025, the market experienced a downturn due to rising tensions along the India-Pakistan border, leading to widespread selling across various sectors. While industries such as industrials, capital goods, consumer durables, and metals showed resilience, many sectoral indices finished in the negative territory.
Key Stocks in Focus for May 12, 2025
Yes Bank
Yes Bank is making headlines as Sumitomo Mitsui Banking Corporation of Japan has decided to purchase a 20% stake in the bank for ₹13,483 crore, translating to ₹21.5 per share. This transaction involves stake sales from State Bank of India (13.19%) and several other banks, including HDFC Bank and ICICI Bank.
Adani Power
Adani Power has drawn attention after successfully being the lowest bidder to supply 1,500 MW of thermal power to Uttar Pradesh. The supply will come from a newly developed ultra-supercritical thermal plant, awarded under the DBFOO model (Design, Build, Finance, Own, and Operate). The levelized tariff for this project is ₹5.383/unit, enhancing its competitive position in the market.
Swiggy
Swiggy reported a significant increase in its net loss, reaching ₹1,081 crore in the March quarter, nearly double the loss from the previous year. Nonetheless, the company’s revenue surged by 45% year-on-year to ₹4,410 crore, driven by its robust food delivery and Instamart services. However, EBITDA losses also expanded to ₹962 crore.
Manappuram Finance
In a surprising turn, Manappuram Finance, a player in the gold loan and non-banking financial sector, reported a net loss of ₹203.2 crore for Q4 FY25. This decline was primarily attributed to soaring impairment costs, which rose to ₹919 crore, over four times higher than the previous year, while the net interest income decreased by nearly 7%.
Reliance Power
Reliance Power, part of the Anil Ambani conglomerate, reported an unexpected profit of ₹125.6 crore for Q4 FY25, rebounding from a loss of ₹397.6 crore the previous year. Although revenue saw a slight dip, operating profit (EBITDA) skyrocketed more than 11 times to ₹589.8 crore.
BEML
BEML, a prominent player in defense and heavy machinery, has declared a second interim dividend of ₹15 per share for FY25. The company also reported a 19% quarter-on-quarter increase in revenue, reaching ₹726 crore in the fourth quarter.
NTPC Green
The renewable energy arm of NTPC has appointed Sarit Maheshwari as the new CEO and Key Managerial Personnel, succeeding Rajiv Gupta.
ACME Solar
ACME Solar has commenced power generation from the initial 52.5 MW phase of its 300 MW Sikar Solar Project in Rajasthan. Once fully operational, this project is anticipated to generate 780 million units of electricity annually.
Union Bank
Union Bank of India, a public sector bank, showcased impressive performance in the latest quarter, reporting a 51% increase in net profit, amounting to ₹4,984.9 crore. This growth was significantly supported by other income, which rose to ₹5,509 crore.
Upcoming Earnings Reports to Watch
On May 12, numerous companies across various sectors will unveil their financial results, making this a pivotal day for investors. Major names include Tata Steel, SRF, and UPL, alongside firms in healthcare, diagnostics, and hospitality like Krishna Institute of Medical Sciences, Vijaya Diagnostic Centre, and Chalet Hotels. Other noteworthy companies include PVR INOX, Raymond, Ather Energy, Bajaj Electricals, Happiest Minds Technologies, and CARE Ratings.
Stay tuned for these critical updates as the market reacts to these developments!
