Benchmark indices Nifty 50 and Sensex declined around 0.3 percent in trade on Friday, May 30.
2/11
Alkem Labs | CMP: Rs 5,102.5 | Shares slipped 3.6 percent after it reported a net profit of nearly Rs 306 crore for the fourth quarter of the financial year 2025. This marks a 4.2 percent rise from the Rs 294 crore net profit reported in the corresponding quarter of the previous financial year. The Mumbai-based pharmaceutical company's total revenue from operations rose 7.1 percent year-on-year to Rs 3,143.8 crore for the quarter under review.
3/11
Bajaj Auto | CMP: Rs 8,599 | Shares of Bajaj Auto slipped 3.1 percent after the company posted a 6 percent rise in net profit to Rs 2,049 crore for the March quarter, beating estimates. Strong motorcycle exports and forex gains helped offset weak domestic demand. The two-wheeler major also said that the motorcycle market is set to clock 5-7 percent growth in FY26, and the 125cc and EV segments remain crucial.
4/11
PNC Infratech | CMP: Rs 291 | Shares tanked 3.8 percent after it reported a sharp decline in its financial performance for the March quarter, with net profit plunging 81 percent to Rs 75.5 crore from Rs 395.9 crore a year ago. Revenue fell 34.5 percent year-on-year to Rs 1,704 crore, while EBITDA dropped 51 percent to Rs 362 crore from Rs 736 crore. The EBITDA margin also narrowed significantly to 21.26 percent from 28.32 percent in the same period last year.
Prestige Estates | CMP: Rs 1,484| The stock declined by 1.1 percent, as investors reacted to a weaker-than-expected set of financial results for the fourth quarter of the financial year 2025 (Q4FY25). The earnings miss brought an end to the company’s five-day gaining streak.
6/11
Wockhardt | CMP: Rs 1,462 | The stock soared 8.6 percent after the company reported a significant narrowing of its net loss for the March quarter (Q4FY25). In Q4FY25, Wockhardt’s net loss narrowed to Rs 45 crore, down from Rs 177 crore a year earlier. The improved bottom line was supported by both revenue growth and a recovery in operational performance
7/11
IT stocks | Indian IT stocks lost ground on May 30, a day after a US federal appeals court temporarily reinstated US President Donald Trump’s sweeping tariffs on foreign imports. The decision overturned a lower court ruling that had blocked the tariffs, stating Trump had exceeded his authority. Shares of major IT companies, including Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tech Mahindra, and LTIMindtree fell by up to 2 percent.
8/11
Suzlon Energy | CMP: Rs 71.35 | The firm's shares jumped nine percent after the renewable energy solutions posted higher-than-expected profit for the quarter ended March 31, 2025. Suzlon Energy reported 365 percent increase in consolidated net profit to Rs 1,181 crore in the March quarter, mainly due to an exceptional gain boosted by a deferred tax gain of Rs 600 crore.
Mazagon Dock Shipbuilders | CMP: Rs 3,475 | The defence player's shares cracked over 7.4 after thePSU posted a 50 percent fall in net profit for the fourth quarter ended March 31, 2025.
10/11
BSE | CMP: Rs 2,669 | Shares of Asia's oldest bourse BSE Ltd, formerly known as Bombay Stock Exchange, hit a fresh lifetime high, soaring over 8.3 percent. Over the past one month, BSE shares have gained 25 percent, while rallying 75 percent over the past six months.
11/11
Nifty PSU Bank | State-owned banking stocks jumped sharply during the latter half of the trading session as investors pumped the Nifty PSU Bank index with significant capital. Investors turned richer to the tune of Rs 3.7 lakh crore following the jump in the index.
