Stocks to Watch Today, May 21: Indian stocks are likely to remain stock-specific on May 21 as investors react to a fresh batch of quarterly earnings and corporate developments. Healthcare major Apollo Hospitals Enterprise reported strong profit growth, while Lenskart posted robust revenue expansion despite weaker earnings.
Investors will also track updates from Tata Power, Dr Reddy’s Laboratories and Reliance Industries amid broader caution in domestic equities.
Created with AI. Errors are possibleHere’s the full list of stocks to watch in today’s trading session:
Apollo Hospitals Enterprise
Strong Profit Growth
Apollo Hospitals posted a 35.9 per cent rise in quarterly profit to Rs 529.3 crore, driven by healthy business growth. Revenue increased 18.1 per cent year-on-year to Rs 6,605.5 crore during the quarter.
Profit Declines Despite Revenue Growth
Jubilant FoodWorks reported a 13.9 per cent drop in quarterly profit to Rs 42.6 crore. However, revenue grew 6.4 per cent year-on-year to Rs 1,679.7 crore, reflecting steady consumer demand.
Revenue Jumps, Profit Slips
Lenskart recorded a 7.5 per cent decline in fourth-quarter profit to Rs 203.6 crore. Despite lower earnings, revenue from operations surged 45.6 per cent year-on-year to nearly Rs 2,516 crore.
Bosch
Revenue Drives Earnings Growth
Bosch reported a modest 2.7 per cent increase in quarterly profit to Rs 568.5 crore. Revenue climbed sharply by 13.3 per cent year-on-year to Rs 5,565.7 crore during the reported quarter.
Profit Drops Sharply
Whirlpool India posted a 40 per cent decline in consolidated net profit to Rs 66.62 crore for the March quarter. Revenue from operations, however, rose 7.4 per cent to Rs 2,030 crore.
Healthy Growth Across Business
Metro Brands delivered a 23.5 per cent rise in quarterly profit to Rs 117.7 crore. Revenue also increased strongly by 20.3 per cent year-on-year to Rs 772.98 crore during the quarter.
Profit Weak Despite Stable Revenue
JK Lakshmi Cement reported a 29.4 per cent decline in quarterly profit to Rs 124.1 crore. Revenue remained largely flat, rising marginally by 0.2 per cent to Rs 1,901.5 crore.
Profit Declines Amid Rising Costs
Saatvik Green Energy reported a more than 36 per cent fall in consolidated net profit to Rs 60.42 crore in the March quarter. Total expenses increased significantly to Rs 1,538.84 crore during the period.
Lenskart
Expands Overseas Investment
Lenskart will invest nearly Rs 53 crore to raise its stake in overseas subsidiaries, Owndays and Lenskart Singapore, strengthening its international presence and expanding its global eyewear business operations.
JLR Explores US Collaboration
Stellantis and Tata Motors-owned Jaguar Land Rover will explore collaboration opportunities in product development for the US market, aiming to strengthen innovation and strategic partnerships in the automotive sector.
Secures Railway Project
Rail Vikas Nigam emerged as the lowest bidder for an East Coast Railway project valued at Rs 164.18 crore, reinforcing its position in India’s railway infrastructure development sector.
Launches Diabetes Drug
Dr Reddy’s Laboratories launched its oral semaglutide biosimilar for Type 2 diabetes in India under the Obeda brand, expanding its portfolio in the fast-growing diabetes care market.
Expands EV Charging Network
Tata Power EV Charging Solutions partnered with Indian Oil Corporation to expand the ultra-fast EV charging network along the Delhi-Mumbai Expressway, supporting India’s growing electric mobility ecosystem.
Partners to Grow Baseball in India
RISE Worldwide, a subsidiary of Reliance Industries, partnered with Major League Baseball to promote and develop baseball in India, aiming to expand the sport’s popularity and grassroots participation.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
