Geopolitical unease has taken center stage once again, particularly following the recent Pahalgam incident and India’s Operation Sindoor, which have escalated cross-border tensions. This uncertainty has introduced volatility into the markets, especially on Dalal Street, prompting investors to tread carefully. Nevertheless, corporate actions and earnings reports continue to provide distinct opportunities for traders, making it an exciting time for market watchers.

Key Stocks to Monitor on May 9, 2025

Larsen & Toubro (L&T)

Larsen & Toubro, a titan in the engineering sector, reported a remarkable performance in its Q4 results. The company’s consolidated net profit jumped 25% year-over-year to a substantial Rs 5,497 crore, surpassing analysts’ projections. Despite revenue growth of 11% to Rs 74,392 crore, it fell short of expectations. However, an improvement in operating margins to 11% suggests enhanced cost management.

Mahindra & Mahindra Financial Services

In a strategic move, Mahindra & Mahindra Financial Services has announced a Rs 2,996 crore rights issue, proposing to sell 15.44 crore shares at Rs 194 each. This initiative is designed to bolster capital adequacy and facilitate growth in the rural lending sector.

Titan

Titan Company has closed the March 2025 quarter on a positive note, with net profits climbing 10.7% year-on-year to Rs 870 crore. The renowned jewellery and watchmaker also exceeded revenue expectations, achieving Rs 13,477 crore, up nearly 20% from the previous year, surpassing forecasts of Rs 13,055 crore.

Lupin

In the pharmaceutical sector, Lupin has secured approval from the USFDA for its generic formulation of Raltegravir 600 mg tablets, essential for HIV treatment. As the first-to-file applicant, Lupin is poised to enjoy 180 days of exclusivity, a significant edge in the competitive generics market.

REC Ltd.

REC Ltd., a key player in power financing, reported a 5.5% increase in Q4 profit, amounting to Rs 4,236 crore. Notably, their Net Interest Income (NII) surged by 37.6%, reaching Rs 5,877 crore, reflecting robust financial health.

Britannia Industries

Britannia, a leader in the FMCG category, experienced a 4.2% rise in net profit, reaching Rs 559 crore, which was higher than market forecasts, showcasing its strong market position.

Jindal Stainless

Jindal Stainless reported an impressive 17.8% increase in net profit for Q4FY25, totaling Rs 590 crore. The company also saw growth in both revenues and operating profits, indicating a positive trend.

One97 Communications (Paytm)

One97 Communications, known for its digital payment platform Paytm, made headlines following a settlement concerning a regulatory issue related to Employee Stock Options (ESOPs). Founder Vijay Shekhar Sharma and his brother Ajay Shekhar Sharma resolved the case with SEBI by paying Rs 2.8 crore. Under the terms of the agreement, Vijay is barred from accepting new ESOPs for three years, and existing grants exceeding 2 crore shares have been nullified.

Bharat Petroleum Corporation Limited (BPCL)

BPCL is advancing its renewable energy initiatives by awarding contracts for developing 100 MW wind energy projects in Madhya Pradesh and Maharashtra, with each project contributing 50 MW. This step highlights the company’s commitment to the energy transition.

Brigade Enterprises

In real estate news, Brigade Enterprises has successfully acquired an 11-acre land parcel in Whitefield, Bengaluru, planning to construct a 1.5 million sq. ft. commercial complex. This ambitious project is expected to generate a gross development value exceeding Rs 2,000 crore.

IIFL Finance

IIFL Finance faced challenges as it reported a staggering 76.7% decline in net profit for the March quarter, influenced by regulatory issues impacting its gold loan segment earlier this year.

Upcoming Earnings to Watch

Several prominent companies across various sectors, including pharmaceuticals, banking, FMCG, and manufacturing, are set to unveil their quarterly results on May 9. Notable names to keep an eye on include Dr. Reddy’s Laboratories, ABB India, Bank of India, Manappuram Finance, Cholamandalam Financial Holdings, and Motherson Sumi Wiring India. Other firms scheduled to report include Birla Corporation, Cera Sanitaryware, Great Eastern Shipping, India Shelter Finance, Jupiter Life Line Hospitals, CE Info Systems, Navin Fluorine, Novartis India, PTC India Financial Services, and Thermax.

Stay tuned for these updates as they could significantly influence market movements!