Stocks to watch: Gensol Engineering, SBI, ITC Hotels, Tata Power, Patanjali Foods, Eicher Motors, LIC Housing Finance

Indian share market is set to open flat today, tracking weak cues from Asian peers and muted trends in Gift Nifty Index. At 8:00 AM, GIFT Nifty futures were trading 7 points higher at

24,721, indicating a subdued start for the benchmark indices BSE Sensex and NSE Nifty.

Q4 results today: LIC Housing Finance, Allied Blenders and Distillers, Abbott India, Balrampur Chini Mills, CESC, Crompton Greaves Consumer Electricals, Gujarat Mineral Development

Corporation, Godfrey Phillips India, Godrej Industries, INOX India, ITC Hotels, JSW Energy, Medi Assist Healthcare Services, NCC, Patanjali Foods, PB Fintech, Tube Investments of India, and

Welspun Enterprises will announce their earnings today.

Gensol Engineering: Indian Renewable Energy Development Agency (Ireda) has filed an application seeking insolvency proceedings against embattled  Gensol Engineering over a default of ₹510

crore.

State Bank of India (SBI): The country’s largest lender has said its executive committee will meet on May 20 to consider a proposal to raise long-term funds of up to $3 billion through

offshore bonds during the financial year 2025-26.

Tata Power: The Tata Group company reported a 25% year-on-year (YoY) jump in net profit to ₹1,306 crore in Q4 FY25, while its revenue rose 7% to ₹17,328 crore as compared to same period last

year.

Torrent Power: The net profit of the company surged 146.3% YoY to ₹1,059.6 crore on the back of strong performance from gas-based power and distribution businesses.

Eicher Motors: The automaker, which owns Royal Enfield, posted a 27% YoY growth in consolidated net profit to ₹1,362 crore for Q4FY25. This was driven by new launches, global expansions, and

diversification.

Apollo Tyres: The tyremaker saw its Q4 net profit declining 47.8% YoY to ₹184.6 crore, while total income increased marginally by 1.8% to ₹6,451.12 crore in Q4 FY25.

Brigade Enterprises: The real estate major posted a 19.8% YoY rise in net profit at ₹246.8 crore, while revenue from operations dropped 14.2% to ₹1,460.4 crore as compared to the

corresponding period of the preceding fiscal.

Muthoot Finance: The financial services company reported a 42.7% YoY growth in Q4 net profit, while standalone loan assets under management rose 43% YoY to ₹1.09 lakh crore.

Sanofi India: The company posted a 12.5% YoY drop in net profit to ₹119.5 crore, while revenue rose 5% to ₹535.9 crore.

Wendt India: The firm’s parent company Wendt GmbH, Germany, looks to offload up to 37.5% stake (including a green shoe option of 7.5%) in the company via an offer-for-sale (OFS) on May

15–16.

Wipro: The IT major has announced a digital transformation pact with Hachette UK (HUK), a leading UK-based publishing group.

YES Bank: Moody’s Ratings has stated that Sumitomo Mitsui Banking Corporation’s (SMBC) planned acquisition of a 20% stake in YES Bank is credit positive for the lender.

Infosys: The IT services company has completed its stake sale in the joint venture in Japan, HIPUS, to Mitsubishi Heavy Industries.