Indian equity benchmarks ended sharply lower on Tuesday. The BSE Sensex closed at 81,186.44, down 872.98 points (1.06%), while the NSE Nifty 50 settled at 24,683.90, declining 261.55 points (1.05%).
As of 8:30 AM on Wednesday, May 21, Gift Nifty trades at 24,795.50, down 9.50 points or 0.04%, indicating a muted start for the session.
Let's take a look at stocks that could see action on May 21, 2025.
Dixon Technologies reported Q4FY25 results. Consolidated profit jumped 378% year-on-year to ₹465 crore from ₹97.3 crore. Revenue more than doubled, surging 121% to ₹10,292.5 crore versus ₹4,658 crore. The company also recorded an exceptional gain of ₹250.4 crore. The board has recommended a final dividend of ₹8 per share for FY25.
IRCON has secured a work order worth ₹253.56 crore from South Western Railway. The scope includes the survey, design, supply, installation, testing, and commissioning of KAVACH equipment and related works over 778 RKM across the Bengaluru and Mysuru divisions.
Biocon Biologics, a subsidiary of Biocon, has launched Ustekinumab BS Subcutaneous Injection in Japan through its partner Yoshindo Inc. This biosimilar to Stelara (ustekinumab) is used in the treatment of psoriasis vulgaris and psoriatic arthritis.
Patel Engineering has bagged a contract valued at ₹711.29 crore from North Eastern Electric Power Corporation (NEEPCO) for constructing the 240 MW HEO Hydropower Project in Arunachal Pradesh under the EPC model. The company had earlier been declared the lowest bidder for this project.
United Spirits reported strong Q4FY25 earnings with a 74.7% YoY surge in consolidated net profit to ₹421 crore compared to ₹241 crore in the same period last year. Revenue increased 8.9% to ₹3,031 crore from ₹2,783 crore.
United Breweries is set to expand its production capacity by acquiring access to an additional facility from Ilios Breweries in Andhra Pradesh. The company has entered into a lease agreement with Ilios as part of its strategic manufacturing growth plan.
Key developments across sectors from high-growth earnings and strategic contracts to product launches and expansions could influence market sentiment and stock-specific movement in today’s session.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 21, 2025, 8:55 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
