Stocks such as Adani Enterprises, PNB Housing, Federal Bank, JSW Infra, and others are expected to be in focus on May 2, 2025, following key corporate announcements and market trends. Investors should keep an eye on these stocks as market volatility and strong earnings continue to shape the financial landscape.
On May 2, 2025, several stocks will be under investor scrutiny, with major developments and earnings reports making waves in the Indian stock market. Among the companies drawing attention are Adani Enterprises, PNB Housing Finance, JSW Infrastructure, Federal Bank, and more. Below are key updates on these stocks that could influence market movements.
Adani Enterprises
Adani Enterprises, a flagship company of the Adani Group, has seen an 8.5 times YoY increase in net profit for Q4 FY2025, amounting to ₹3,844.9 crore. Despite a 7.6% YoY drop in revenue to ₹26,965.9 crore, the company’s board has approved raising funds of up to ₹15,000 crore through various funding methods, including QIP and preferential issues.
PNB Housing Finance
PNB Housing Finance is making headlines as the Carlyle Group affiliate, Quality Investment Holdings, plans to sell its entire 10.44% stake in the company. The shares, set at a floor price of ₹960 per share, will be sold through a block deal. This marks a significant shift in the company’s shareholder structure. Media reports suggest the sale may impact the stock price in the short term.
JSW Infrastructure
JSW Infrastructure has announced a remarkable 56% YoY rise in net profits to ₹515.58 crore for Q4 FY2025. Revenue for the quarter increased by 17% to ₹1,283.18 crore. The company’s cargo volumes reached 31.2 million tonnes, further highlighting the growth trajectory of the logistics and port services business.
Federal Bank
Federal Bank, based in Kerala, has delivered a solid performance with a 13.7% YoY rise in net profit to ₹1,030.2 crore for Q4 FY2025. The bank’s net interest income (NII) increased by 8.3% YoY to ₹2,377.4 crore, while net interest margins (NIM) improved to 3.12%. This indicates the bank’s continued strength and strategic efforts to improve profitability.
Other Key Stocks
- Indus Towers: The telecom infrastructure company saw a 4% YoY drop in net profit, although revenue grew by 7.4% in Q4 FY2025.
- Eternal: The food delivery company reported a significant drop in net profit, down 78% YoY, despite a 64% increase in revenue.
- Adani Ports: The ports and logistics player achieved a 47.8% YoY rise in net profit for Q4 FY2025, with strong revenue growth of 23.1%.
- JSW Energy: JSW Neo Energy, a subsidiary of JSW Energy, signed a significant energy storage agreement with Uttar Pradesh Power Corporation for 1,500 MW of pumped hydro energy.
Investors are advised to monitor these stocks closely, as market movements and corporate actions in the coming days could significantly impact their performance.
