Indian benchmark indices ended lower for the second consecutive session on May 28, as upbeat global cues were overshadowed by fund outflows triggered by large block deals and heightened activity in the primary market. Consumer stocks led the drag on the benchmarks, even as volatility cooled with India VIX continuing to ease. At close, the Sensex was down 239.31 points or 0.29 percent at 81,312.32, and the Nifty was down 73.75 points or 0.30 percent at 24,752.45. About 1,962 shares advanced, 1,831 shares declined, and 151 shares remained unchanged.
2/11
ITC | CMP Rs 420 | The stock price slipped as much as 3.5 percent on May 28 after British American Tobacco Plc (BAT) sold a massive 32 crore shares or 2.57 percent of its stake in ITC worth Rs 13344 crore. This marks its second such sale, after selling a 3.5 percent stake through block deals for Rs 16,690 crore last year.
3/11
Info Edge | CMP Rs 1,433 | Shares of Naukri.com parent Info Edge (India) fell over a percent even as its net profit jumped 647 percent to over Rs 740 crore during the fourth quarter, compared to Rs 162 crore in the same quarter last year. The multi-fold jump was on account of a joint venture being reclassified as financial investments, other income, which was partially offset by provisions and impairments of about Rs 127 crore.
4/11
LIC | CMP Rs 942 | Shares of LIC gained over 8 percent even as it released a mixed Q4. Most brokerages maintained a bullish stance on the stock, citing improving margins and attractive valuations as key growth drivers in the near term. Analysts highlighted a higher contribution from non-participating (non-par) policies, which positively impacted LIC’s Value of New Business (VNB) margin in Q4. Management also sounded optimistic about a rebound in premium growth.
Aurobindo Pharma | CMP Rs 1,148 | Shares of Aurobindo Pharma fell 4 percent after the company reported an 11 percent increase in revenue and a marginal drop in net profit in the March quarter. Following the development, the stock has received mixed views from brokerages. During Q4, the consolidated revenue rose to Rs 8,382.1 crore, lifted by robust demand in the US and European markets. Growth in international formulations remained a key driver, with US sales climbing 13.5 percent year-on-year and European revenue rising 17.2 percent.
6/11
Bharat Dynamics | CMP Rs 1,917 | Shares of Bharat Dynamics ended their two-day winning streak, falling over 2 percent after the defence manufacturer reported a drop in quarterly profits and a significant contraction in operating margins. This pullback followed a strong rally in defence stocks fueled by hopes of increased military spending amid recent cross-border tensions. For the month so far, shares of Bharat Dynamics have rallied 21 percent, far outpacing the 2 percent gain in the benchmark Nifty 50 index.
7/11
Apollo Micro Systems | CMP Rs 177 | Shares of Apollo Micro Systems surged over 13 percent after the firm said it bagged an export order worth Rs 114 crore for the development of an avionic system."This project pertains to the development of an advanced avionics system intended for use in civil and military aircraft applications. However, due to the sensitive nature of the engagement, specific technical and program details are bound by a Non-Disclosure Agreement (NDA) with the customer," said the company in a stock exchange filing.
8/11
Techno Electric & Engineering | CMP Rs 1,438 | Shares surged 15 percent after the company reported a net profit of Rs 134.65 crore for the fourth quarter of the financial year 2025. This marks a jump of nearly 74 percent from the Rs 77.54 crore net profit reported in the corresponding quarter of the previous financial year. The firm's revenue from operations meanwhile surged nearly 86 percent on-year to Rs 815.79 crore for Q4 FY25.
Triveni Engineering | CMP Rs 451 | Shares rose over 6 percent after the company reported a net profit of Rs 183 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 14 percent from the Rs 161 crore net profit reported in the corresponding quarter of the previous financial year. The firm's revenue from operations meanwhile, increased nearly 24 percent on-year to Rs 1,925 crore for Q4 FY25. The firm had reported a revenue of Rs 1,548 crore in the year-ago period.
10/11
Gujarat Fluorochemicals | CMP Rs 3,829 | Shares fell 4 percent after the firm's standalone results came sharply below analyst expectations. Gujarat Fluorochemicals reported consolidated revenue from operations of Rs 1,225 crore for the fourth quarter of FY25, marking a 7 percent increase quarter-on-quarter and 8 percent rise year-on-year. Consolidated profit after tax stood at Rs 191 crore, reflecting a sharp growth of 52 percent quarter-on-quarter and 89 percent year-on-year. However, brokerages noted that a lower tax rate led to a spurt in PAT growth.
11/11
Procter & Gamble Hygiene | CMP Rs 13,993 | Shares fell 2 percent after the firm reported its earnings for the January-March period of the financial year 2024-25. The company posted a net profit of Rs 156.1 crore for the quarter ended March 31, 2025, slightly higher from Rs 154.4 crore in the same period last year. Revenue from operations fell marginally to Rs 991.6 crore from Rs 1,002.2 crore a year ago.
![Apollo Micro Systems | CMP Rs xx | Shares of Apollo Micro Systems surged over 11% on May 28 after the firm said it bagged an export order worth Rs 114 crore for development of an avionic system. "This project pertains to the development of an advanced avionics system intended for use in civil and military aircraft applications. However, due to the sensitive nature of the engagement, specific technical and program details are bound by a Non-Disclosure Agreement (NDA) with the customer," said the company in a stock exchange filing.](https://images.moneycontrol.com/static-mcnews/2025/05/20241027112256_market13.png "Apollo Micro Systems | CMP Rs xx | Shares of Apollo Micro Systems surged over 11% on May 28 after the firm said it bagged an export order worth Rs 114 crore for development of an avionic system. "This project pertains to the development of an advanced avionics system intended for use in civil and military aircraft applications. However, due to the sensitive nature of the engagement, specific technical and program details are bound by a Non-Disclosure Agreement (NDA) with the customer," said the company in a stock exchange filing.")
