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Indian equity benchmarks ended higher after a volatile session on May 2, with the Nifty managing to hold above the 24,300 mark. The Sensex closed 259.75 points higher at 80,501.99, while the Nifty edged up 12.50 points, or 0.05%, to settle at 24,346.70. Market breadth remained negative, with 1,672 stocks advancing, 2,122 declining, and 134 remaining unchanged on the BSE.

Adani Ports

Adani Ports shares surged over 5 percent following Q4FY25 results that reflected a 7.5x jump in net profit (including an one-time exceptional gain), to reach Rs 3,844.91 crore. Motilal Oswal has maintained a 'Buy' rating on the stock, signaling continued confidence in the company's performance.

Bajaj Finance

Bajaj Finance was amongst the top gainers on the Nifty 50 index today. The shares of the company rose nearly 3 percent intraday. Notably, the NBFC recently announced a stock spilt and bonus issue of shares.

TVS Motor

TVS Motor shares rose by 3 percent intraday. This comes after the company reported a sales growth of 16 percent YoY to 4.44 lakh units in April 2025. Its EV sales grew 59 percent, while exports increased 45 percent. Three-wheeler sales also grew 50 percent to 13,566 units in the month.

Godrej Properties

Godrej Properties shares rose 4.6 percent despite 19 percent YoY profit drop in Q4 to reach Rs 382 crore for Q4 FY24-25. However, net profit surged 135 percent QoQ from Rs 163 crore, signalling strong sequential growth.

Vishal Mega Mart

Vishal Mega Mart shares were up by 3 percent in today’s session. Vishal Mega Mart posted consolidated net sales of Rs 2,547.89 crore for March 2025, marking a 23.15 percent year-on-year increase, reflecting strong growth in its retail operations.

Mankind Pharma

Mankind Pharma shares dropped 4% after Macquarie downgraded the stock to 'Underperform'. The international brokerage also slashed the pharma company's earnings estimates for FY25, FY26, and FY27 by 17 percent, 24 percent, and 17 percent respectively, citing earnings dilution following the BSV acquisition.

Star Health Insurance

Star Health Insurance shares slipped over 3 percent intraday, despite a positive outlook from YES Securities. The brokerage remains bullish on the stock with a 'Buy' rating.

Greenply Industries

Greenply Industries shares fell by 2.3 percent in today's session after the company's consolidated quarterly numbers were released. Net Sales was up by 8.17 percent at Rs 648.77 crore. However, the firm's EPS decreased to Rs. 1.33 in March 2025 from Rs. 2.63 in March 2024.

Bandhan Bank

Bandhan Bank shares slipped over 2 percent today. However, domestic brokerage Anand Rathi reiterated its 'Buy' call on the stock. Despite the intraday decline, Anand Rathi remains bullish on Bandhan Bank. The bank is expected to generate a ~1.5 percent RoA in the medium term.

Federal Bank

Federal Bank shares dropped 4% today. However, Anand Rathi remains bullish on Federal Bank, maintaining a 'Buy' rating. The brokerage expects the bank to deliver strong growth and sustain a 1.2 percent return on assets (RoA) through FY26/27.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​​​

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