Stocks to Watch, May 29: Mazagon Dock, Bajaj Auto, IRCTC, Samvardhana Motherson, Engineers India, Lemon Tree Hotels

Here is a list of stocks that may remain in focus today.

The PSU had posted a net profit of ₹1,125.68 crore in the January-March period of the preceding 2023-24 financial year, the company said in an exchange filing.

IRCTC’s revenue during the quarter rose to ₹1,269 crore from ₹1,152 crore a year earlier. The results were aided by a one-time gain of ₹45.68 crore.

The drug maker's revenue from operations stood at ₹1,086 crore in the quarter under review, jumping 14.3% YoY from ₹1,086 crore in the fourth quarter of FY24. The company generated ₹1,206 crore in Q4FY25, rising 12.23% YoY from ₹1,074.6 crore in the year-ago period. Furthermore, its revenue from the agrochemical business was at ₹15 crore, as against a negative revenue of ₹63 crore in Q4FY24.

The company had reported profit of ₹253.8 crore seen in the corresponding period a year earlier.

The profit for the period was affected by headwinds from geopolitical tensions, elevated input prices and oversupply from China.

In the fourth quarter of FY25, the chemical company’s revenue from operations stood at ₹2,179.69 crore, rising 2.52% YoY from ₹2,126.21 crore in Q4FY24. Deepak Nitrite’s revenue from its advanced intermediates segment plunged 2.55% YoY to ₹653.94 crore, as against ₹671.07 crore. However, it generated ₹1,532.27 crore from the phelonics segment, up by 4.51% YoY from ₹1,466.11 crore.

The company reported an operating profit of ₹58 crore for the January-March period of 2023-24 fiscal.

Revenue from operations in the quarter stood at ₹788 crore as compared with ₹798 crore in the year-ago period, Bata India said in a regulatory filing.

“Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes and in line with our strategy of driving volume led growth," Bata India MD and CEO Gunjan Shah stated.

The company continues to drive affordability and reducing complexity across categories, Shah added.

The company said its board has recommended a final dividend of ₹9 per share, in addition to the interim dividend of ₹10 per share, already paid in September 2024.

The company also announced the inauguration of its manufacturing plant at Shoolagiri in Tamil Nadu for powertrain and chassis components and futuristic technologies as part of its strategy to address growing market demands within the automotive industry.

The company clocked a net profit of ₹63.37 crore in the year-ago period, according to regulatory filing.

Total income rose to ₹272.26 crore in the January-March quarter of 2024-25 from ₹262.40 crore in the year-ago period.

For the full 2024-25 fiscal, total revenue increased to ₹970.33 crore from ₹837.80 crore in the previous year.

The company reported a net profit of ₹7.52 crore in the year-ago period, according to a regulatory filing.

Total income rose by 31.71% to ₹358.92 crore in the January-March quarter of the 2024-25 fiscal, from ₹272.50 crore in the year-ago period.

For the full 2024-25 fiscal, net profit rose 39.13% to ₹142.01 crore, as against ₹102.07 crore in the previous year.

After the stake sale, BAT’s shareholding has dropped to 22.94% in FMCG major ITC from 25.44% earlier. The British firm, however, still remains a significant shareholder of ITC.

According to the bulk deal data available with the NSE, Tobacco Manufacturers (India) Ltd, an arm of British American Tobacco (BAT), offloaded a total of 31.30 crore equity shares, representing a 2.5% stake in ITC.

The shares were sold in the price range of ₹413.12 per share to ₹413.78 apiece. The total transaction value was ₹12,940.98 crore.

Following this, it has passed an interim order to freeze bank, and demat accounts of the company, restrain trading of securities, and directed asset disclosures of Gensol Engineering and 16 other companies and their promoters.

The company had reported a net loss of ₹1,989.69 crore in the January-March quarter a year ago, according to a regulatory filing from Dish TV.

Dish TV has “impairment charge for the quarter and year ended 31 March 2025 of Intangible Assets Under Development, Capital and other advances amounting to ₹335.38 crore”, the company said.