Stocks to Watch Today, May 15
Let’s catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and order wins, here’s a quick look at which stocks will be in focus in today’s trade:
LIC Housing Finance, PB Fintech, Abbott India, Allied Blenders and Distillers, Balrampur Chini Mills, CESC, Crompton Greaves Consumer Electricals, Endurance Technologies, Gujarat Mineral Development Corporation, Godfrey Phillips India, Godrej Industries, G R Infraprojects, INOX India, ITC Hotels, JSW Energy, Kaynes Technology India, Medi Assist Healthcare Services, NCC, Patanjali Foods, Tube Investments of India, Websol Energy System, and Welspun Enterprises will announce their March quarter earnings on May 15.
Eicher Motors Q4 (Consolidated YoY)
Profit grows 27.3% to Rs 1,362.2 crore Vs Rs 1,070.5 crore
Revenue increases 23.1% to Rs 5,241.1 crore Vs Rs 4,256 crore
Board recommends final dividend of Rs 70 per equity share for FY25
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Apollo Tyres Q4 (Consolidated YoY)
Profit tanks 47.9% to Rs 184.6 crore Vs Rs 354 crore
Revenue rises 2.6% to Rs 6,423.6 crore Vs Rs 6,258.2 crore
Exceptional loss stands at Rs 118.8 crore Vs Rs 36.8 crore
Board recommends dividend of Rs 5 per share
Vascon Engineers Q4 (Consolidated YoY)
Profit surges 106.7% to Rs 34.8 crore Vs Rs 16.8 crore
Revenue soars 65.8% to Rs 387 crore Vs Rs 233.5 crore
Company to sell 5% stake in Ascent Hotels to Samhi Hotels for Rs 45 crore
Stocks to Watch
Wendt India
Parent company Wendt GmbH, Germany, will be selling up to 37.5% stake (including a green shoe option of 7.5%) in the company via an offer-for-sale (OFS) on May 15–16. The floor price has been fixed at Rs 6,500 per share. The OFS will open for non-retail investors on May 15 and for retail investors on May 16.
Infosys
The IT services company has completed its stake sale in the Infosys-led joint venture in Japan, HIPUS, to Mitsubishi Heavy Industries.
Hindustan Unilever
The company has received an observation letter with “no adverse observations” from BSE and NSE, concerning its Scheme of Arrangement with Kwality Wall’s India.
Brigade Enterprises
The Bengaluru-based real estate company has acquired a 5.41-acre land parcel in Chennai for the development of a premium residential project. The project has a total development potential of 0.8 million square feet and a gross development value of approximately Rs 1,600 crore. The transaction value of the acquisition is Rs 441.70 crore.
Genesys International Corporation
The company launched its Qualified Institutions Placement (QIP) issue on May 14, with the floor price set at Rs 665.60 per share.
Wipro
The technology services and consulting company has announced a digital transformation partnership with Hachette UK (HUK), a leading UK-based publishing group. Wipro will assist in modernizing Hachette UK’s IT infrastructure through the implementation of SAP S/4HANA.
Shilpa Medicare
Subsidiary Shilpa Pharma Lifesciences’ Unit-1 has received an Establishment Inspection Report (EIR) from the US FDA. The site has been classified as Voluntary Action Indicated (VAI) following an inspection conducted between March 3 and March 7.
Kirloskar Brothers
The Board has approved the appointment of Bhavesh Chheda as Chief Financial Officer, effective May 14, and the re-appointment of Sanjay Kirloskar as Managing Director, for a term starting November 19, 2025, through March 21, 2027.
State Bank of India
The Board will meet on May 20 to consider long-term fund raising of up to $3 billion through a public offer or private placement of senior unsecured notes in US dollars or other major foreign currencies, in single or multiple tranches, during FY26.
Yes Bank
Moody’s Ratings has stated that Sumitomo Mitsui Banking Corporation’s (SMBC) planned acquisition of a 20% stake in Yes Bank is credit positive, bringing in a long-term strategic partner with a strong balance sheet and the capacity to support Yes Bank’s growth.
Gensol Engineering
The Indian Renewable Energy Development Agency (IREDA) has filed a bankruptcy application against Gensol Engineering. Gensol owes Rs 510 crore (approximately $59.73 million) to IREDA.
Allcargo Logistics
Deepal Shah has resigned as Chief Financial Officer, effective May 16. The Board has approved the appointment of Ravi Jakhar, currently the Chief Strategy Officer, as the new Chief Financial Officer, effective May 19. He will be re-designated as Director – Strategy & Group CFO.
Bulk Deals
Edelweiss Financial Services
Miri Strategic Emerging Markets Fund LP acquired a 1.17% stake at an average price of Rs 88.55 per share, while CLSA Global Markets Pte Ltd-ODI sold a 1.19% stake at the same price.
Block Deals
Info Edge (India)
Citigroup Global Markets Mauritius acquired 2,12,700 equity shares at an average price of Rs 1,464.5 per share, from Morgan Stanley Asia Singapore Pte.
Max Healthcare Institute
Citigroup Global Markets Mauritius bought 2,58,242 equity shares at an average price of Rs 1,172 per share, also from Morgan Stanley Asia Singapore Pte.
Navin Fluorine International
SBI Mutual Fund acquired 2.1 lakh shares at an average price of Rs 4,287 per share, from promoter Vishad Padmanabh Mafatlal.
Waaree Energies
Citigroup Global Markets Mauritius bought 60,398 equity shares at an average price of Rs 2,690.1 per share, from Morgan Stanley Asia Singapore Pte.
Stocks Trade Ex-Dividend
BEML
Great Eastern Shipping Company
Manappuram Finance
Stock Trades Ex-Date for Rights
Indra Industries
Stocks in F&O ban
Central Depository Services
Hindustan Copper
Manappuram Finance