Stocks to Watch Today: Godrej Properties, ITC, Birla Corporation and more
Nifty 50 slipped 170 points to 24,718 while the BSE Sensex dropped 573 points to 81,118. The fall reflects rising crude oil prices and global tensions.
The US market, Wall Street, ended lower on Friday as Iran launched heavy missiles at Israel. It has led to risk aversion globally. Asian market opens this wekk with Korea’s Kospi to 0.2% and Japan’s Nikkei to 0.7%, respectively. China’s Shanghai & Hong Kong’s Hang Seng were also very down by 0.3%.
Amidst this turmoil, here are the stocks to watch today:
Godrej Properties: Will develop a premium residential project on 14 acres in Hoskote, Bengaluru. The project has 1.5 million sq. ft. of saleable area with an expected revenue of ₹1,500 crore.
ITC: Completed its ₹400 crore all-cash acquisition of Sresta Natural Bio Products Pvt. Ltd (SNBPL), which includes its UAE-based subsidiaries.
Natco Pharma: Concluded the US FDA inspection of its Hyderabad API plant with only a single procedural remark on Form 483.
NTPC Ltd: Commissioned Unit 3 of the North Karanpura Thermal Power Project, taking its standalone capacity to 60,266 MW and group capacity to 81,368 MW.
Birla Corporation: Emerged as the highest bidder for the Gourum Khan Ki Dhani limestone block in Rajasthan via e-auction.
Sun Pharmaceutical: Received 8 observations from the US FDA after the inspection of its Halol plant. Kirti Ganorkar appointed as Managing Director for 5 years starting September 1, 2025. Dilip Shanghvi remains Executive Chairman.
SpiceJet: Reported a net profit of ₹319 crore in Q4 FY25, a sharp rise from ₹26 crore in the previous quarter. Achieved full-year profitability for the first time since FY18.
Bajaj Finance: Shares to trade ex-stock split and ex-bonus today. The 4:1 bonus issue and stock split have reduced the face value from ₹2 to ₹1.
Adani Green Energy: Ranked number one in the power sector in NSE’s new ESG ratings. Also placed in the top five among NSE 100 companies with a score of 74.
As markets open, movements will be driven by a mix of global tensions, corporate actions, and earnings results. Investors are advised to track these developments closely to assess their market impact.