Mumbai, May 23, 2025 – A flurry of earnings announcements and corporate updates have placed several stocks in focus for today’s trading session. From robust profit growth in sectors like cement, sugar, and engineering to rating downgrades and muted earnings in large caps, here’s a snapshot of key stocks making headlines:

Positive earnings surprises

  • Udaipur Cement reported a strong YoY surge in net profit to ₹39.6 crore from ₹19 crore, with revenue climbing to ₹484.2 crore from ₹348.4 crore.

  • Deepak Fertilizers posted a net profit of ₹277.86 crore versus ₹229.96 crore YoY on revenue of ₹2667 crore.

  • Power Mech Projects and HPL Electric delivered solid results, with profits up over 50% and strong revenue growth.

  • Centum Electronics returned to profitability with ₹21.5 crore profit versus a ₹6.8 crore loss in the same period last year.

  • TBO Tek, MTAR, GOCL Corp, and Dwarikesh Sugar also posted healthy growth in earnings and top-line figures.

Corporate announcements and operational updates

  • NTPC Green Energy won a battery energy storage project in Kerala, reflecting growing traction in renewables.

  • Tata Steel inaugurated Phase II expansion of its Kalinganagar plant, boosting capacity to 8 MTPA with a ₹27,000 crore investment.

  • TVS Motor announced a partnership with OOR Cabs to deploy 500 electric three-wheelers in Tamil Nadu.

  • Adani Ports will raise up to ₹6,000 crore via NCDs for capex and refinancing needs.

  • Ashok Leyland will consider issuing bonus shares today.

Muted or neutral performances

  • Sun Pharma met street estimates with net profit at ₹2153.9 crore and revenue slightly below expectations at ₹12,958.9 crore.

  • ITC, Metro Brands, Firstsource Solutions, HLV, Greenpanel Industries, and Windlas Biotech reported mostly in-line numbers.

  • Several companies like SEPC, Mahindra Lifespace, and BSE are in focus due to dividend or bonus ex-dates.

Disappointments and downgrades

  • Ramco Cement posted a steep fall in profit at ₹27 crore versus ₹129 crore YoY.

  • Grasim reported a consolidated net loss of ₹288 crore.

  • HFCL, Gujarat State Petronet, and Orient Bell also posted lower profits or revenue drops.

  • Ugar Sugar faced a credit rating downgrade from CARE Ratings, which may weigh on investor sentiment.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult certified financial professionals before making investment decisions.

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