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  1. Stocks to Watch, May 8: Pidilite Industries, Asian Paints, L&T, Titan, MCX, Britannia, Canara Bank, Bharat Forge, Biocon, and more

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Stocks to Watch, May 8: Pidilite Industries, Asian Paints, L&T, Titan, MCX, Britannia, Canara Bank, Bharat Forge, Biocon, and more

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6 min read | Updated on May 08, 2025, 07:53 IST

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SUMMARY

Stocks to Watch: Titan Company will announce its March quarter numbers today. Experts believe that Titan’s standalone Q4 revenue may increase by 16 to 18% YoY to ₹12,900 to ₹13,300 crore, while its net profit could rise 5 to 8% YoY to ₹820 to ₹855 crore. However, higher marketing and financial costs could dent the profitability.

The GIFT NIFTY futures around 07:33 AM suggest that the NIFTY50 index will open 48.50 points lower.

The GIFT NIFTY futures around 07:33 AM suggest that the NIFTY50 index will open 48.50 points lower. | Image: Shutterstock

Stocks to Watch: The domestic stocks are expected to open in the red on Thursday, May 8. The GIFT NIFTY futures around 07:33 AM suggest that the NIFTY50 index will open 48.50 points lower.
Here is a list of stocks that may remain in focus today.
Q4 Results: Over 70 companies will announce their March quarter (Q4 FY25) numbers today. The list includes names such as Titan Company, Union Bank of India, Rain Industries, Pidilite Industries, Muthoot Microfin Ltd, MCX, L&T, Kalyan Jewellers India, Ideaforge Technology, GHCL Ltd, Aarti Industries, Asian Paints, Bharat Forge, Biocon, Britannia Industries, Canara Bank, Ceigall India, and Escorts Kubota.
Coal India: State-owned Coal India Ltd on Wednesday reported a 12% rise in consolidated net profit to ₹9,604.02 crore in the quarter ended March 2025 on the back of higher income.

The company had posted a consolidated net profit of ₹8,572.14 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE.

The filing said that total income during the January-March period rose to ₹41,761.76 crore from ₹40,457.59 crore a year ago.

The company said that Mahanadi Coalfields' (MCL) Ib Valley coal washery, with a capacity of 10 million tonnes per annum (MTPA), began operating in April last year and became the largest non-coking coal washery in the country.

Lupin: The pharma major on Wednesday said it has launched in the US its generic version of Eslicarbazepine Acetate tablets used in the treatment of partial-onset seizures.

The company has launched the drug in strengths of 200 mg, 400 mg, 600 mg, and 800 mg, following the approval of its abbreviated new drug application (ANDA) from the US USFDA, Lupin said in a regulatory filing.

The company is one of the first ANDA applicants and is eligible for 180 days of shared generic exclusivity, it added.

Eslicarbazepine Acetate tablets, 200 mg, 400 mg, 600 mg, and 800 mg, are bioequivalent to Aptiom tablets in the same strengths of Sumitomo Pharma America, Inc.

EKI Energy Services: Carbon credit developer and supplier EKI Energy Services on Wednesday reported a narrowing of consolidated losses to ₹6.63 crore in the March quarter, mainly on account of lower expenses.

It had posted a net loss of ₹29.10 crore in the January-March period of the preceding 2023-24 fiscal year, the company said in an exchange filing.

The company's total income fell to ₹22.24 crore from ₹85.64 crore in the year-ago period.

EKI's expenses declined to ₹29.33 crore during the quarter under review from ₹114.73 crore a year ago.

Godrej Consumer Products (GCPL): FMCG major Godrej Consumer Products Ltd (GCPL) expects a revival in demand in the next 12-18 months, helped by tailwinds such as lower food inflation, a normal monsoon, and pay commission, said its Managing Director and CEO, Sudhir Sitapati, on Wednesday.

Besides, the Godrej Industries Group also expects its profit to go up again once the palm oil prices, a key raw material for its soap business, come down, said Sitapati in a post-earnings media briefing.

GCPL termed the persistent inflation a "short-term blip", where it has passed on only 15–16 % of the palm oil price increase to customers.

The company, which owns brands such as Cinthol, Godrej Fair Glow, Godrej No. 1, Ezee, Goodknight, HITS, etc., has reported a consolidated net profit of ₹411.9 crore in the March quarter, along with an underlying volume growth of 6 %.

Telcos: Reliance Jio cemented its lead in the Indian telecom market, adding 21.74 lakh wireless subscribers in March, while Bharti Airtel's monthly gains were at 12.50 lakh users, according to data released by telecom regulator TRAI on Wednesday.

Vodafone Idea lost 5.41 lakh mobile users from its network, and its subscriber base shrank to 20.53 crore users.

As per the data, Jio's addition of 21.74 lakh wireless users during the month pushed up its subscriber count to 46.97 crore.

For Bharti Airtel, the mobile base expanded to 38.98 crore, with the addition of 12.50 lakh users in March.

United Breweries: Beer maker United Breweries Ltd on Wednesday reported a 19.87% rise in its consolidated net profit to ₹97.76 crore in the January-March quarter of 2024-25 compared to ₹81.55 crore in the January-March quarter a year ago.

UBL's revenue from operations dropped by 7.54% to ₹4,427.15 crore in the March quarter compared to ₹4,788.68 crore in the corresponding period a year ago, according to a regulatory filing by the company controlled by Dutch multinational brewing company Heineken NV.

Its total expenses were at ₹4,303.09 crore, down 8.54 % in the March quarter of FY25.

Its total income, which includes other income, in the March quarter, was down 7.9 % to ₹4,435.16 crore.

UBL's net profit for the financial year ended on March 31, 2025, was up 7.67 % to ₹442.41 crore. It was at ₹410.86 crore a year before.

Dabur India: Homegrown FMCG major Dabur India on Wednesday reported an 8.35 % decline in consolidated net profit at ₹312.73 crore for the fourth quarter ended March 31, 2025, impacted by higher expenses in a challenging demand environment.

The company had posted a profit of ₹341.22 crore in the same quarter previous fiscal year, Dabur India said in a regulatory filing.

Revenue from operations in the quarter under review stood at ₹2,830.14 crore as against ₹2,814.64 crore in the year-ago period, it added.

Total expenses were higher at ₹2,559.39 crore as compared to ₹2,490.43 crore.

FMCG demand trends remained subdued during the fourth quarter and full year 2024-25.

Voltas: Voltas on Wednesday posted a 107.76% year-on-year (YoY) jump in its consolidated net profit for the fourth quarter of the fiscal year 2024-25 (Q4 FY25) to ₹241 crore against ₹116 crore reported in the year-ago period.
Revenue from operations of the home appliances maker was at ₹4,767 crore in Q4 FY25, up 13.42% compared to ₹4,203 crore in Q4 FY24. Its total income was up by 14% in Q4 FY25 at ₹4,847 crore against ₹4,257 crore in the year-ago quarter. READ MORE
Blue Star: Blue Star Ltd, on Wednesday, May 7, declared a 20.6% year-on-year (YoY) increase in its consolidated net profit to ₹193.64 crore in the March FY25 quarter (Q4FY25). In the corresponding period last year, the home appliance maker had reported a profit of ₹160.54 crore.

The company’s revenue from operations stood at ₹4,018.96 crore in Q4 FY25, jumping % YoY from ₹3,327.77 crore in the March quarter of the 2023-24 fiscal year (Q4 FY24).

Tata Chemicals: Tata Chemicals’ consolidated net loss for the quarter ending March 31 narrowed to ₹56 crore for the financial year 2024-25. Its net loss for the same quarter last fiscal year was at ₹850 crore.

Due to continued pricing pressure in all geographies, the company’s revenue marginally grew by 1% year-on-year (YoY) to ₹3,509 crore in the quarter under review, compared to ₹3,475 crore in Q4 FY24.

For the quarter under review, its earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹327 crore, slipping 26% YoY from ₹443 crore in the year-ago period. Its margin shrank to 9.3% from 13.8%.

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