Indian stock markets are witnessing dynamic movements, with several companies drawing investor attention. Here's a look at the latest developments concerning IRCTC, Suzlon Energy, SAIL, Bajaj Auto, and Coal India, as of today, May 28, 2025:
IRCTC
The Indian Railway Catering and Tourism Corporation (IRCTC) recently announced its Q4FY25 results, reporting a 26% year-on-year (YoY) growth in consolidated net profit, reaching ₹358 crore, compared to ₹284 crore in the corresponding period last year. The company's revenue from operations for the quarter stood at ₹1,269 crore, a 10% increase from the ₹1,152 crore reported in the same quarter of the previous financial year. In light of these results, IRCTC has declared a final dividend of Re 1 for the financial year 2024-25.
Segment-wise, catering revenue experienced a slight dip, while internet ticketing and tourism segments showed growth. Specifically, Q4FY25 catering revenue was ₹529 crore, compared to ₹531 crore in Q4FY24. Meanwhile, internet ticketing revenue rose to ₹372 crore from ₹342 crore in the same period. Tourism revenue also saw an increase, reaching ₹274 crore versus ₹199 crore. The company's profit after tax (PAT) for the quarter was up 5% compared to Q3FY25.
Earlier in the year, IRCTC introduced the "North East Discovery" tour, a 15-day journey covering five North-Eastern states of India. Furthermore, IRCTC is preparing to launch the Maha Kumbh Gram, a tent city in Prayagraj, for the upcoming Mahakumbh 2025.
Suzlon Energy
Suzlon Energy shares are currently experiencing a bullish trend, having risen 53.06% from their 52-week low of ₹43.50, which was recorded on May 28, 2024. The renewable energy stock has gained 30% since May 9, ahead of its Q4 and fiscal year results, which are scheduled to be announced on May 29.
The stock is trading higher than its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages. Technical analysts suggest watching for a breakout above ₹70, which could signal further upward momentum. However, a close below ₹60 would negate the bullish outlook.
Recent positive developments include securing a 100.8 MW wind order from Sunsure Energy and a 378 MW order from NTPC Green Energy. Motilal Oswal has revised its target price for Suzlon to ₹75, maintaining a 'buy' rating.
SAIL
Steel Authority of India (SAIL) announced its Q4 results, reporting an 11% growth in consolidated net profit, amounting to ₹1,251 crore. This growth was driven by increased revenue, which rose to ₹29,316.14 crore in Q4FY25 from ₹27,958.52 crore in the same period last year. The company has also declared a final dividend of ₹1.60 per share.
The company aims to increase its installed capacity to 35 million tonnes per annum (MTPA) by 2030. The Steel Ministry is considering creating a separate vertical within SAIL to focus on mining operations and boost iron ore production.
Bajaj Auto
Bajaj Auto's board is scheduled to meet on May 29, 2025, to discuss audited results and a final dividend. The company recently faced a GST penalty of over ₹10 crore related to the classification of instruments, which it intends to legally challenge.
Technically, Bajaj Auto's share price moved up by 0.06% from its previous close. The stock has shown returns of 9.15% over the past month and 11.77% over the last three months.
Coal India
Coal India's arm, Central Mine Planning and Design Institute Ltd (CMPDI), has filed draft papers with SEBI for an IPO. The IPO involves an offer for sale of 7.14 crore equity shares by Coal India. The Ministry of Coal has set a production target of 1,150.39 million tonnes (MT) for FY26, with Coal India and its subsidiaries expected to contribute 875 MT.
In recent news, Coal India, along with Hindustan Zinc, emerged as winners in the 5th round of critical mineral block auctions.
These companies are expected to remain in focus as the week progresses, driven by corporate announcements, financial results, and broader market trends.