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By EquityPandit

MARKETS

Stocks in Focus: Paras Defence, Paytm, Zydus Lifesciences, and Others

Stocks in Focus: HG Infra, Devyani International, and Others - EP
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading higher by 60 points at 24,940 indicating that the domestic benchmark indices are likely to make a positive start on Monday.

On Friday, 23 May, Domestic benchmark indices S&P BSE Sensex surged by 769 points or 0.95% and settled at 81,721 while the Nifty50 traded 0.99% higher by 243 points, settling at 24,853.

Here are some stocks that are likely to remain in focus on 26 May.

Quarterly Results Today: Aurobindo Pharma, Brainbees Solutions (Firstcry), Akums Drugs and Pharmaceuticals, Awfis Space Solutions, KEC International, Nazara Technologies, Blue Dart Express, General Insurance Corporation of India, Apeejay Surrendra Park Hotels, Shilpa Medicare, Infibeam Avenues, Olectra Greentech, Tracxn Technologies, and Talbros Automotive Components are some of the prominent companies set to announce their quarterly earnings for January-March. 

Paras Defence: The company has announced the signing of a crucial joint venture with Heven Drones, which is an Israel-based company that is setting up manufacturing logistics and cargo drones in India. 

Paytm: The Supreme Court has put a hold on proceedings related to a show cause notice issued against First Games Technology, a subsidiary of the company, concerning a proposed tax liability of Rs 5,712 crore. The notice, issued by the Directorate General of GST Intelligence on 28 April 2025, pertains to alleged dues, including interest and penalties for the period between January 2018 and March 2023.

Zydus Lifesciences: Zydus Lifesciences has secured final approval from the US Food and Drug Administration (USFDA) for its Isotretinoin capsules, which are used to treat severe and disfiguring nodular acne. The capsules will be manufactured at the company’s facility in Moraiya, Ahmedabad.

NIBE: The company has landed an export order worth $17.52 million (around Rs 150.62 crore) from a leading Israeli defence technology firm. The order pertains to the production and delivery of Universal Rocket Launchers.

Havells India: Havells India plans to boost its cable manufacturing capacity at its Alwar plant by an additional 25,000 km annually, investing Rs 340 crore. With this expansion, the total capacity will reach 41.45 lakh km per year. The project will be financed through internal accruals and is expected to be completed by September 2026.

Ashok Leyland: The company announced a 1:1 bonus for the first time in 2011 and declared a dividend of Rs 4.25 per share. For the quarter ended January-March, the company reported a 38.4% year-on-year increase in net profit to Rs 1,246 crore.

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