Stocks to Watch, May 28: Cummins India, Avanti Feeds, IRCTC, SAIL, LIC, Vodafone Idea, Carraro India, Bosch, Jupiter Wagons

By Admin

28 May, 2025

The domestic stock market is expected to open on a subdued note on Wednesday, May 28. According to the GIFT NIFTY futures at 7:30 AM, the NIFTY50 index is likely to begin trading about 9 points lower. Investors should keep an eye on several stocks today, driven by fresh quarterly results, corporate announcements, and market developments.

Market Overview: Subdued Opening

Early indications suggest a cautious sentiment among investors as the market opens slightly in the red. The subdued opening comes amid mixed quarterly results and ongoing economic factors. However, volatility could increase as over 400 companies are scheduled to announce their March quarter earnings today.

Q4 Earnings Spotlight: Big Names Reporting

Several prominent companies will unveil their Q4 FY25 results today, potentially influencing market direction:

• Cummins India
  
  

• Avanti Feeds
  
  

• IRCTC
  
  

• Steel Authority of India (SAIL)
  
  

• Deepak Nitrite
  
  

• Birlasoft
  
  

• MMTC
  
  

• Juniper Hotels
  
  

• Finolex Cables
  
  

• Granules India
  
  

• Mahanagar Telephone Nigam
  
  

These earnings will offer investors a closer look at how various sectors, from manufacturing to services, performed in the last quarter.

LIC Reports Robust Profit Growth

Life Insurance Corporation of India (LIC), the state-owned insurer, posted a 38% rise in net profit to ₹19,013 crore for Q4 FY25, driven by lower expenses. Despite a slight dip in total income to ₹2,41,625 crore compared to last year, LIC’s earnings demonstrate strong profitability.

• Profit for Q4 FY24: ₹13,763 crore
  
  

• First-year premiums dropped to ₹11,069 crore from ₹13,810 crore
  
  

LIC remains a major market mover due to its size and influence.

NMDC's Steady Growth

NMDC, a public sector mineral exploration company, reported a 5% increase in consolidated net profit to ₹1,483 crore for Q4 FY25. The growth was supported by higher sales of iron ore and pellets.

• Total income increased 9% to ₹7,497 crore
  
  

• Iron ore sales amounted to ₹6,350 crore
  
  

NMDC’s performance reflects steady demand in the mining sector.

Bosch Sees Profit Decline Amid Challenging Environment

Auto component manufacturer Bosch posted a 2% decline in Q4 profit after tax to ₹554 crore, despite revenue rising to ₹4,911 crore.

• FY25 consolidated PAT fell 19% to ₹2,013 crore
  
  

• Revenue grew to ₹18,087 crore from ₹16,727 crore
  
  

Bosch’s results highlight the tough business conditions affecting the auto ancillary industry.

Vodafone Idea Plans Fundraising Amid Liquidity Woes

Vodafone Idea’s board will meet on May 30 to explore fundraising options, including rights issues or private placements. The company has expressed concerns over survival due to ongoing liquidity challenges despite government support.

Carraro India Reports Strong Profit Growth

Carraro India, an auto ancillary firm, posted a 40% increase in Q4 PAT to ₹23.7 crore, with total income rising 13% to ₹447.9 crore.

• FY25 profit up 41% to ₹88.1 crore
  
  

• Domestic business growth driven by increased 4WD adoption
  
  

Carraro’s strong performance signals positive trends in the automotive sector.

Jupiter Wagons Expands Electric Vehicle Operations

Jupiter Wagons’ electric vehicle arm, Jupiter Electric Mobility, signed a deal with logistics platform Pickkup to deploy 300 electric light commercial vehicles for last-mile deliveries. The vehicles offer a range of over 190 km per charge, suitable for urban and intercity logistics.

Other Noteworthy Corporate Updates:

• Bharat Dynamics: Net profit declined 5.5% to ₹272.7 crore, despite a 108% jump in revenue.
  
  

• Info Edge: Consolidated net profit surged 667% to ₹463 crore, driven by an exceptional gain.
  
  

• EID Parry: Q4 PAT rose to ₹539 crore, with total income up significantly year-on-year.
  
  

• PG Electroplast: Promoters sold a 5.3% stake worth ₹1,132 crore, reducing promoter holding to 44.07%.
  
  

• EPACK Durable: Consolidated net profit increased 35.54% to ₹37.71 crore for Q4.
  
  

• INOX India: Received approvals from Heineken and AB InBev for stainless-steel beverage keg manufacturing.
  
  

• Coal India, Oil India, NLC India, Hindustan Zinc: Awarded critical mineral blocks in recent auctions.
  
  

• Diamond Power and Infrastructure: CFO resigned; interim CFO appointed from May 28.
  
  

• JK Lakshmi Cement: Q4 profit grew 19.2% to ₹193 crore, helped by volume and cost efficiencies.
  
  

• Hindustan Copper: Profit jumped 51.8% to ₹189 crore for Q4 FY25.
  
  

• Gateway Distriparks: Posted Q4 loss of ₹191 crore, despite revenue growth.
  
  

• P&G Hygiene and Health Care: Marginal profit increase of 1.1% to ₹156 crore in Q4.
  
  

What Should Investors Watch?

• Earnings Impact: The Q4 earnings season is a key driver today; strong performers could lead sectoral rallies, while misses may weigh on sentiment.
  
  

• Liquidity & Fundraising Moves: Vodafone Idea’s capital raising plans may influence telecom stocks.
  
  

• Commodity & Infrastructure Sectors: NMDC, SAIL, and Hindustan Copper’s performance reflects trends in raw material demand and infrastructure spending.
  
  

• Automotive & EVs: Bosch, Carraro India, and Jupiter Wagons highlight evolving trends in auto components and electric mobility.
  
  

Conclusion

May 28 promises to be a significant day with over 400 companies reporting quarterly results, creating volatility and opportunities. Investors should monitor key stocks like Cummins India, LIC, Bosch, and Jupiter Wagons closely, balancing the broader market sentiment indicated by subdued NIFTY50 futures. Staying updated with sector-wise developments and individual stock performance will be crucial for informed investment decisions.