Stock Market News: 23rd May Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on May 23rd, 2025

BSE Ltd

• Financial Services | Large Cap
• Rs.2394.50/-

Waaree Energies Ltd

• Capital Goods – Electrical Equipment | Mid Cap
• Rs.2815.40/-

Garden Reach Shipbuilders & Engineers Ltd

• Industrials | Small Cap
• Rs.2796.00/-

Mazagon Dock Shipbuilders Ltd

• Industrials | Large Cap
• Rs.3507.10/-

Bharat Electronics Ltd

• Consumer Cyclical | Large Cap
• Rs.385.70/-

Cochin Shipyard Ltd

Industrials | Mid Cap

Rs.1924.80/-

Sun Pharmaceutical Industries Ltd

• Basic Materials | Large Cap
• Rs.1670.40/-

Gravita India Ltd

• Basic Materials | Small Cap
• Rs.1973.00/-

Tata Teleservices (Maharashtra) Ltd

• Communication Services | Small Cap
• Rs.277.11/-

Hindustan Aeronautics Ltd

• Industrials | Large Cap
• Rs.4990.00/-

ITC Ltd

• Consumer Defensive | Large Cap
• Rs.438.80/-

Indusind Bank Ltd

• Financial Services | Mid Cap
• Rs.790.10/-

JBM Auto Ltd

• Consumer Cyclical | Small Cap
• Rs.743.40/-

Solar Industries India Ltd

• Basic Materials | Large Cap
• Rs.14999.00/-

Zensar Technologies Ltd

• Technology | Small Cap
• Rs.851.95/-

Shipping Corporation of India Ltd

• Industrials | Small Cap
• Rs.201.86/-

Trending Top Stories in The Indian Stock Market on May 23rd, 2025

1. ITC Hotels adds UP presence with Welcomhotel Vrindavan, adding 120 rooms and growing its presence in the area.

2. Sharekhan keeps Buy rating on Dabur India with new target price of Rs 570, based on new seven-pillar growth strategy.

3. Premier Energies shares plunged amid US tax bill’s plan to phase out clean energy incentives, affecting sentiment in solar industry.

4. IndiGo aims to bring most grounded aircraft back in service by early 2026, increasing fleet by almost 80 planes in FY26.

5. Nalco aims for 4 million tonnes of coal production in FY26, expecting raw material prices to be stable in the first half of FY26.

6. Waaree Energies shares declined more than 8% after US House passed a bill to transition away from clean energy tax credits, affecting 57% of order book.

7. Tech Mahindra recommends a dividend of Rs 30 per share, with a record date of July 4, 2025, and payment by August 15, 2025.

8. Emcure Pharmaceuticals reports 63% YoY rise in Q4 consolidated net profit to 197 crore, with revenue from operations at ₹2,116 crore, up 19.5% YoY.

9. Jefferies has a buy rating on DONGC at a target of Rs 360, even as it reduces earnings estimates on account of lower production and pricing assumptions.

10. Patel Engineering bags Rs 958.33 crore Maharashtra pipeline project for 36 months’ completion, with a 20% stake in joint venture.

11. Credo Brands India reports 15.12% net sales growth to Rs 153.21 crore and 96.7% net profit growth to Rs 13.83 crore in March 2025.

12. Shares of Honasa Consumer gained 14% after Q4 FY25 numbers posted 13% revenue expansion to Rs 533.5 crore, which beat street estimates.

13. Citi upped Sun Pharma’s target to Rs 2,210, while Macquarie retained its target at Rs 2,135, despite weaker FY26 guidance.

14. Promoter Andrew Yule calls off the mooted 2% stake sale in Veedol Corporation on account of technical issues.

15. Dixon Technologies (India) to be included in the BSE 100 index.

16. Premier Explosives announces Q4 net profit declined 44.59% to Rs 3.74 crore; revenue was down 14.64% to Rs 74.08 crore.

17. RBL Bank posted a 7% YoY growth in deposits at INR 1.10 lakh crore, while CASA ratio fell marginally.

18. Income tax demand of INR 76.19 crore was issued to the subsidiary of Fortis Healthcare for AY 2019-20, which could cause stock volatility.

19. JSW Steel was expected to declare Q4FY25 results today with estimated revenue of Rs 4,470 crore and profit after tax of Rs 172 crore.

20. Morgan Stanley lowered Indusind Bank to underweight and reduced target price to Rs 700 on accounting fraud and financial concerns.

21. Prabhudas Lilladher has a buy call on Interglobe Aviation with a target price of Rs 6,084 on account of good performance and growth prospects.

22. Container Corporation of India Ltd saw net profit drop by 1.6% at Rs 298.5 crore in Q4FY25 from Rs 303.3 crore in Q4FY24.

23. Firstsource Solutions collaborates with Sanas to boost customer conversations through Al and real-time speech understanding technology.

24. Ramana Kumar is appointed as Chief Executive Officer for Paytm West Asia business, effective today.

25. 7.4% stake in TD Power Systems was sold by the promoter entities and a public shareholder through open market transactions amounting to ₹530 crore.

26. ONGC Videsh anticipates finishing its offshore gas exploration project in Mozambique by late 2027 or early 2028.

27. Emcure Pharmaceuticals will include its wholly owned subsidiary Emcure Generics in Pune.

28. ITC Ltd announces Q4FY25 net profit of ₹19,807 crore, supported by ₹15,145 crore gain from demerger of Hotels Business.

29. Ashok Leyland to release fourth quarter numbers today, keeping shares in the limelight.

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This page lists the most active stocks traded on the Indian Stock Market, sorted by trading volume and price movements for the day. Investors and traders can utilize this list for quick identification of potential potentially lucrative investment opportunities and to keep abreast of the current trends in the market.