Delhivery, Protean eGov Tech, Hyundai, BEL, Arvind among buzzing stocks; check full list

The Indian equity benchmarks were trading on a flat note on Monday, May 19, as gains in index heavyweights like State Bank of India, Axis Bank, HDFC Bank, NTPC and Bajaj Finance were offset with losses in Infosys, Reliance Industries, Tata Consultancy Services. Eternal and HCL Technologies. The SENSEX was trading in a range of 308 points and NIFTY50 index touched an intraday high of 25,062.95 and a low of 24,965.80. As of 11:33 am, the SENSEX was down 18 points at 82,312 and NIFTY50 index rose 4 points to 25,023.

Delhivery turned profitable in fourth quarter of financial year 2024-25 after it reported a net profit of ₹73 crore against loss of ₹68 crore in the same period last year. Its revenue from operations during the Q4 rose 6% to ₹2,192 crore versus ₹2,075 crore.

The company reported strong operational performance as its earnings before interest, taxes, depreciation and amortisation (EBITDA) also known as operating profit jumped 160% to ₹119 crore from ₹46 crore in the year-ago period.

In its exchange filing, the company said that the Income Tax Department (ITD) has not shortlisted the company for PAN 2.0 project.

Protean eGov Technologies said that the Income Tax Department had issued a Notice for Request for Proposals (RFP) inviting bids for the selection of a Managed Service Provider (MSP) for the design, development, implementation, operations, and maintenance of its PAN 2.0 Project.

Resonac is a major producer of graphite electrodes, which are used mainly in electric arc furnaces to melt scrap iron. The product used by steelmakers is less profitable due to Chinese competition.

According to a report by Nikkei Asia, Resonac Holdings will stop production of graphite electrodes for steelmakers, scaling back in a bid to improve margins that have been squeezed by an influx of low-priced Chinese parts.

Shares of Arvind rose 4.2%, Siyaram Sil advanced 7%, Page Industries advanced 1.8%, Aditya Birla Fashion and Retail jumped 4.4%, Trident rose 2.8%, KPR Mill gained 3%, Alok Industries rose 4.7%, Indo Count gained 1.2% and Raymond Life rose 1.2%.

Government on Saturday decided to allow entry of ready-made garments from Bangladesh only through Kolkata and Nhava Sheva sea ports and barred imports of a range of consumer items through land transit posts in the northeast -- a move that is set to significantly hit Dhaka's trade with New Delhi.

The defence and aerospace electronics system provider had earned a profit after tax of ₹71.10 crore registered during the corresponding quarter of the last financial year.

Revenue from operations came in at ₹108.23 crore, up 35.8% from ₹79.69 crore registered in the corresponding period of the previous fiscal year.

AI-based solutions for ships, simulators, communication equipment, jammers, spares, services, etc.

Due to lower sales in the domestic market, Hyundai Motor India reported a 4% decline in its consolidated profit after tax to ₹1,614 crore for the fourth quarter, ending March 31, 2025, in contrast to ₹1,677 crore in Q4 FY24.

The company had sold 153,550 units in the domestic market in the fourth quarter against 160,317 units in the same period of FY24.