Stocks to watch on May 26: Hyundai, Swiggy, Eternal, Paytm, NTPC Green

The stock market will start the new week on Monday after closing last week with gains. This was helped by hopes around US-China trade talks, even as foreign investor selling continued to be a concern.

Several companies will be in focus due to their earnings announcements, major updates, or new developments as investors hope for Dalal Street to mainatin its winning run.

Q4 RESULTS TODAY

A number of companies will release their quarterly results on May 26. These include Aurobindo Pharma, Brainbees Solutions (FirstCry), KEC International, Nazara Technologies, Akums Drugs and Pharmaceuticals, Awfis Space Solutions, Blue Dart Express, General Insurance Corporation of India, Infibeam Avenues, Olectra Greentech, Apeejay Surrendra Park Hotels, Shilpa Medicare, Talbros Automotive Components, and Tracxn Technologies. These results will help investors understand how these companies have performed recently.

HYUNDAI, NTPC GREEN, SWIGGY

Hyundai Motor India, NTPC Green Energy, Swiggy, and Waaree Energies will be added to the FTSE global equity indices under the largecap category. This move is expected to bring more attention to these companies and could lead to increased investor interest. Meanwhile, ITC Hotels, which was recently spun off from ITC, will exit the largecap list.

PAYTM

One 97 Communications, the parent company of Paytm, received a major relief from the Supreme Court. The court has stayed proceedings related to a show cause notice issued to its subsidiary First Games Technology.

The notice, sent by the Directorate General of GST Intelligence on April 28, 2025, demanded Rs 5,712 crore in taxes, interest, and penalties for the period between January 2018 and March 2023.

ETERNAL (ZOMATO)

Eternal (Zomato) may see outflows of around $840 million. This is due to a likely reduction in its weightage by global index providers FTSE Russell and MSCI. The change comes after the company’s foreign ownership limit was reduced from 100% to 49.5%, as reported by CNBC TV-18 citing IIFL Capital Services.

JSW STEEL

JSW Steel reported a 16% rise in consolidated net profit for the fourth quarter, coming in at Rs 1,503 crore, compared to Rs 1,299 crore in the same quarter last year. This shows a steady performance by the steel major despite global challenges.

ASHOK LEYLAND

Ashok Leyland reported a 38% year-on-year increase in its Q4 standalone net profit, reaching Rs 1,246 crore compared to Rs 900 crore in the same period last year. This growth reflects strong demand and improved performance in the commercial vehicle space.

ZYDUS LIFESCIENCES

Zydus Lifesciences has received final approval from the US Food and Drug Administration (USFDA) for its Isotretinoin capsules. These are used to treat severe nodular acne. The product will be made at the company’s plant in Moraiya, near Ahmedabad.

SUN PHARMA

Sun Pharma has announced a new investment of up to $25 million in US-based biopharma company Pharmazz Inc. With this, its total stake in the firm will rise to around 22.7% on a fully diluted basis. The move is part of Sun Pharma’s efforts to expand its global presence in the speciality drug market.

HAVELLS

Havells India will increase its cable manufacturing capacity at its Alwar facility by 0.25 lakh km, taking the total to 41.45 lakh km per year. This will be done with an investment of Rs 340 crore, which will be funded through internal cash reserves. The new capacity is expected to be ready by September 2026.

NIBE

NIBE has received an export order worth $17.52 million (around Rs 150.62 crore) from a leading defence technology company in Israel. The order is for the manufacturing and supply of Universal Rocket Launchers, which highlights the company’s growing reach in the global defence sector.