Shares of Suzlon Energy and Ola Electric faced selling pressure on May 30, 2025, ahead of their March quarter results. In contrast, Bajaj Auto and Mazagon Dock saw gains of up to 1%, with Mazagon Dock hitting a 52-week high.
Suzlon Energy, based in Pune, Maharashtra, and known for its renewable energy solutions, saw its shares slip by 1.38% to ₹65.40 on the NSE on Thursday, before trimming losses to trade at ₹65.64, down 1%. The decline comes after a four-day rally and ahead of its March quarter earnings scheduled for release later in the day.
Bengaluru-based Ola Electric, a leading player in India’s electric vehicle (EV) space, also experienced selling pressure in Thursday’s trading session. The company’s shares fell by 0.85% to ₹52.47 on the NSE ahead of its Q4 earnings release.
In contrast, shares of Bajaj Auto and Mazagon Dock Shipbuilders showed positive momentum. Bajaj Auto, headquartered in Pune, Maharashtra, traded at ₹8,892.50, marking a 0.49% gain ahead of its quarterly results.
Mumbai-based Mazagon Dock Shipbuilders, a key player in India’s defense and shipbuilding sector, surged to a 52-week high of ₹3,750 on the NSE, with a 2.35% rise. The stock later traded at ₹3,711, up 1.29%. The company has gained nearly 12% over the last seven sessions.
Investors are closely monitoring the Q4 earnings of these companies, which are likely to influence further market movement.
