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Paras Defence, Cochin Shipyard, GRSE, Titagarh Rail, Bharti Airtel, Godfrey Phillips among buzzing stocks; SENSEX, NIFTY50 trade marginally lower
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4 min read | Updated on May 16, 2025, 14:25 IST
SUMMARY
Stock market today: Defence stocks continued their uptrend in Thursday's trade, as well. The stocks from the defence sector are on a rising spree as investor sentiment got a major boost after Operation Sindoor. Paras Defence and Space Technologies was trading 17.76% higher at ₹1,782.90, while Cochin Shipyard shares were trading at ₹2,033.15 apiece on the BSE, up 12.19%.
Stock list
Defence stocks continued their uptrend in Thursday's trade. | Image: Shutterstock
At 01:38 PM, the S&P BSE SENSEX was trading at 82,367.10, down 163.64 points, or 0.20%, while the NSE's NIFTY50 index was quoting 38 points, or 0.15%, lower at 25,023.60 levels.
On the other hand, the BSE MidCap index was trading at 44,990, up 364.45 points, or 0.82%, while the BSE SmallCap index was ruling at 50,980.95, up 530.48 points, or 1.05%.
Rail Vikas Nigam (RVNL) shares jumped 10.45% to ₹415.20 apiece on the BSE, while RailTel Corporation of India was trading nearly 8% higher at ₹390.50. Jupiter Wagons shares were up nearly 9% at ₹422.35, and Texmaco Rail & Engineering was trading 6.24% higher at ₹164.40.
JSW Energy on Thursday posted a 16% YoY rise in its consolidated net profit to ₹408 crore in the March quarter, aided by contributions from KSK Mahanadi thermal project and organic wind capacity additions.
"Profit after tax increased 16% YoY (year-on-year) from ₹351 crore in Q4 FY24 (January-March 2024) to ₹408 crore in Q4 FY25 while cash PAT (profit after tax or net profit) grew by 8% from ₹686 crore in Q4 FY24 to ₹744 crore in Q4 FY25," a company statement said.
During the reporting quarter, total revenue increased by 21% YoY to ₹3,497 crore from ₹2,879 crore, driven by contributions from the 1,800-MW KSK Mahanadi thermal power plant and organic wind capacity additions.
The cigarette maker on Thursday reported a 30.73% rise in its consolidated net profit to ₹293.96 crore in the March quarter of FY25.
The company had posted a net profit of ₹224.86 crore during the January-March period a year ago, according to a regulatory filing from Godfrey Phillips India, the flagship company of Modi Enterprises.
In a regulatory filing, IndusInd Bank said this balance was, later in January 2025, set off against corresponding balances appearing in "other liabilities" accounts.
Last seen, the stock was trading 1.74% lower at ₹766.90 on the NSE.
The floor price for the sale was pegged at ₹1,800 per share — a 3.6% discount to Bharti Airtel’s Thursday closing price of ₹1,863.1. The transaction includes a 60-day lock-up period during which no further stake sales will be permitted by Pastel.
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