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  5. Stocks to Watch, May 16: Bharti Airtel, Page Industries, SCI, Texmaco Rail, Emami, IndusInd Bank, LIC Housing Finance

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Stocks to Watch, May 16: Bharti Airtel, Page Industries, SCI, Texmaco Rail, Emami, IndusInd Bank, LIC Housing Finance

Upstox
By Upstox News Desk

9 min read | Updated on May 16, 2025, 07:58 IST

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SUMMARY

Stocks to Watch: Shares of Bharti Airtel will be on investors' radar today as, according to news reports, Singapore Telecommunications, commonly known as Singtel, is likely to sell Bharti Airtel shares worth $1 billion through a block deal.

Stock list

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The GIFT NIFTY futures suggest that the NIFTY50 index will open 97 points higher.

The GIFT NIFTY futures suggest that the NIFTY50 index will open 97 points higher. | Image: Shutterstock

Stocks To Watch: The domestic equity market will likely open in the green on Friday, May 16. The GIFT NIFTY futures suggest that the NIFTY50 index will open 97 points higher.
Here is a list of stocks that may remain in focus today.
Q4 Results: Over 100 companies are scheduled to announce their March quarter numbers today. The list includes names such as BHEL, Delhivery, EIH Associated Hotels, Emami Ltd, GIC Housing Finance, Heritage Foods, Hyundai Motor India, Jubilant Pharmova, KRBL Ltd, Matrimony.com, NESCO Ltd, Repco Home Finance, Shipping Corporation of India (SCI), Texmaco Rail, and Vivanta Industries.
Bharti Airtel: Shares will be on investors' radar today as, according to news reports, Singapore Telecommunications, commonly known as Singtel, is likely to sell Bharti Airtel shares worth $1 billion through a block deal.
Floor price for the deal has been fixed at ₹1,800 per share, said a report by CNBC-Awaaz.

Singtel is looking to sell 4.76 crore shares, reports added.

The floor price represents a 3.3% discount to the current market price of the Bharti Airtel stock.
LIC Housing Finance: LIC Housing Finance on Thursday reported a 25.4% growth in net profit at ₹1,368 crore in the fourth quarter ended March 2025.

The company had a net profit of ₹1,091 crore in the same quarter of the 2023-24 fiscal year.

Total income rose to ₹7,283 crore in the March quarter of FY25 from ₹6,937 crore in the corresponding quarter in FY24.

In the 2024-25 fiscal year, net profit rose 14% to ₹5,429 crore from ₹4,765 crore in FY24.

Signature Global: Realty firm Signature Global on Thursday reported a 48% increase in consolidated net profit to ₹61.12 crore during the March quarter.

Its net profit stood at ₹41.25 crore in the year-ago period.

Total income declined to ₹570.43 crore from ₹722.73 crore in the year-ago period.

During the 2024-25 fiscal year, Signature Global's profit jumped multifold to ₹101.2 crore from ₹16.32 crore in the preceding year.

Total income grew to ₹2,637.99 crore in the last fiscal year from ₹1,324.55 crore in 2023-24.

IndusInd Bank: IndusInd Bank on Thursday said its internal audit department (IAD) has found "unsubstantiated balances" of ₹595 crore in "other assets" of its balance sheet and has also examined the roles of key employees in this lapse.

In a regulatory filing, IndusInd Bank said this balance was, later in January 2025, set off against corresponding balances appearing in "other liabilities" accounts.

Patanjali Foods: Patanjali Foods Ltd on Thursday reported a 74% increase in its standalone net profit at ₹358.53 crore in the quarter ended March 2025.

Its net profit stood at ₹206.31 crore in the year-ago period.

Total income rose to ₹9,744.73 crore in the fourth quarter of the last fiscal year from ₹8,348.02 crore in the corresponding period of the preceding year.

During 2024-25, the company's net profit increased to ₹1,301.34 crore from ₹765.15 crore in the preceding year.

Balrampur Chini Mills: Balrampur Chini Mills on Thursday posted a 12.65% jump in consolidated net profit at ₹229.12 crore in the fourth quarter of the 2024-25 fiscal year on higher income.

Net profit stood at ₹203.38 crore in the same quarter a year ago.

Total income rose to ₹1,513.16 crore in the January-March quarter of the 2024-25 fiscal year from ₹1,438.56 crore in the year-ago period.

Expenses remained higher at ₹1,212.02 crore as against ₹1,157.10 crore in the said period.

Welspun Enterprises: Welspun Enterprises Limited (WEL) has reported a 36% rise in consolidated net profit to ₹105.49 crore in the March quarter, on account of higher revenues.

It had posted a net profit of ₹77.67 crore in the year-ago period, the company said in an exchange filing.

The company's total income increased to ₹1,075.95 crore from ₹866.70 crore a year earlier.

For the entire FY25, the net profit rose to ₹353.83 crore from ₹319.40 crore in FY24.

Income rose to ₹3,792.59 crore from ₹3,063.31 crore in FY24.

Bikaji Foods: Snacks manufacturer Bikaji Foods International Ltd on Thursday reported a 65.7% drop to ₹39.92 crore in consolidated profit for the March quarter of FY25.

The company had posted a consolidated profit of ₹116.28 crore in the January-March quarter a year ago, according to a regulatory filing from Bikaji Foods.

Its total revenue from operations was marginally down to ₹613.62 crore in the March quarter against ₹614.44 crore a year ago. Total expenses were up 20.71% to ₹568.80 crore in the quarter under review compared to the year-ago period.

JSW Energy: JSW Energy on Thursday posted a 16% rise in its consolidated net profit to ₹408 crore in the March quarter compared to a year ago, aided by contributions from the 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.

Onesource Specialty Pharma: American private equity giant TPG on Thursday sold shares of Onesource Specialty Pharma for nearly ₹139 crore through an open market transaction.

TPG, through its affiliate Medella Holdings Pte, offloaded 8.84 lakh shares, amounting to a 0.77% stake in Onesource Specialty, as per the bulk deal data available on the BSE.

The shares were disposed of at an average price of ₹1,568.04 apiece, taking the transaction value to ₹138.65 crore.

JK Tyre & Industries: JK Tyre & Industries on Thursday said it has commenced production of passenger car tyres using ISCC Plus certified sustainable raw materials at its Chennai-based manufacturing plant.

The company has initiated production of UX Royale Green tyres at the plant.

The certification, granted under the globally recognised International Sustainability and Carbon Certification (ISCC plus) framework, validates the use of traceable and responsibly sourced renewable and recycled raw materials, the tyre maker said in a statement.

Abbott India: Abbott India on Thursday said its net profit increased by 28% to ₹367 crore in the fourth quarter ended March 31, 2025, aided by higher sales.

The drug firm had reported a net profit of ₹287 crore in the January-March period of the last fiscal.

Revenue from operations rose to ₹1,605 crore in the March quarter against ₹1,439 crore in the year-ago period.

For the financial year ended March 31, 2025, the company reported a net profit of ₹1,414 crore as compared with ₹1,201 crore in FY24.

Saregama India: Music label Saregama India on Thursday reported an 11.1% rise in net profit to ₹59.8 crore during the fourth quarter of 2024-25.

The company, a part of the Kolkata-based RPSG Group, had reported a net profit of ₹53.9 crore in the same quarter of the previous fiscal.

Revenue from operations stood at ₹240.8 crore, lower than ₹263 crore in Q4 FY'24, it said.

However, the company posted a strong improvement in operational performance, with adjusted EBITDA margin rising to 42%, from 33% a year ago.

Godfrey Phillips India: Cigarette maker Godfrey Phillips India Ltd 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.

However, its revenue from operations was up 70.6% to ₹1,887.79 crore during the March quarter of FY25. It stood at ₹1,106.64 crore in the corresponding period of the previous fiscal.

Spencer’s Retail: Spencer’s Retail Ltd on Thursday reported narrowing of its consolidated net loss to ₹68.40 crore for March quarter FY25.

The company had incurred a loss of ₹80.69 crore in the January-March period a year ago, according to a regulatory filing from Spencer’s Retail, a RP Sanjiv Goenka firm.

However, revenue from operations was down to ₹411.87 crore in the March quarter from ₹546.79 crore a year ago. Total expenses were lower by 22.2% to ₹491.60 crore in the quarter. Total income, which includes other income, fell 23.22% to ₹423.13 crore.

LT Foods Ltd: FMCG firm LT Foods Ltd on Thursday reported a 6.83% increase in consolidated net profit at ₹160.51 crore for March quarter FY25, led by rise in margins and distribution expansion.

It had reported a net profit of ₹150.24 crore for the January-March period a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and Royal.

Revenue from operations was at ₹2,228.36 crore in the March quarter as against ₹2,074.81 crore a year ago.

Total expenses were at ₹2,048.91 crore, up 7.9% year-on-year. Total income, which includes other revenue, was at ₹2,259.63 crore, up 8.02% from the year-ago period.

Websol Energy System: Websol Energy System on Thursday posted a net profit of₹48.27 crore for the March quarter FY25 on the back of higher revenues.

The company had incurred a loss of ₹58.57 crore in the year-ago period, a regulatory filing said. Total income rose to ₹174.05 crore from ₹25.69 crore.

During 2024-25, the company earned a net profit of ₹154.74 crore as against a loss of ₹120.96 crore in the pervious financial year. Total income rose to ₹577.43 crore from ₹26.81 crore.

Crompton Greaves Consumer Electricals: The company on Thursday reported an increase of 28.7% in its consolidated net profit to ₹171.74 crore in the March quarter of FY25.

The company had posted a net profit of ₹133.43 crore in the January-March quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL).

Its revenue from operations was up 5.08% to ₹2,060.64 crore in the March quarter of FY25. It was at ₹1,961 crore in the year-ago period.

CGCEL's total expenses were at ₹1,845.77 crore, up 2.08% year-on-year.

Page Industries: Apparel manufacturer Page Industries Ltd on Thursday reported an increase of 51.6% in net profit at ₹164 crore for the March quarter of FY'25, helped by volume growth, supply chain efficiency, and cost optimisation.

The company had posted a net profit of ₹108.20 crore during the January-March period a year ago, Page Industries said in a regulatory filing.

Its revenue from operations was up 10.6% to ₹1,098.07 crore in the March quarter of this fiscal. It was ₹992.47 crore in the corresponding period.

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