Indian Stock Markets News

Indian equity markets rebounded sharply on May 23, driven by gains in technology and FMCG sectors. The Sensex closed up 769 points at 81,721 while the Nifty 50 gained 243 points to settle at 24,853, despite weekly losses due to global uncertainties.

Dividend Stock: HDFC AMC for a final dividend of ₹90 per share. This announcement has already impacted share prices positively. Investors should take note of this crucial date to ensure eligibility for the upcoming dividend.

Stock Market Today: The Penny stock below ₹2, Murae Organisor, hit the 5% upper circuit during the intraday trade on Friday after Q4 results 2025.

MIC Electronics Ltd saw a 4% stock rise from its day's low after its Q4FY25 earnings report, despite a 92.84% drop in net profit to ₹3.57 crore. Total income surged 89.5% to ₹45.15 crore, reflecting strong business activity amid concerns over profit decline.

Stock Market Today: Mid-cap Specialty chemical stock, Clean Science, rose over 8% post Q4 results. Analysts predict robust growth, with Prabhudas Lilladher rating it ‘Hold’ at ₹1,361, and B&K Securities a ‘Buy’ at ₹1,716, highlighting expected revenue growth and new product launches.

Kanodia Cement Limited has filed its Draft Red Herring Prospectus with Sebi for a proposed IPO. The offering will involve an Offer For Sale of 1.49 crore equity shares, allowing existing shareholders to offload their holdings, with no fresh issue component.

Prostarm Info Systems Ltd will launch its IPO on May 27, aiming to raise ₹168 crore by selling 1.60 crore shares priced between ₹95 to ₹105. Proceeds will support debt repayment and growth initiatives, but investors should consider risks like negative cash flow and customer concentration.

CONCOR share price: Shares of Navratna PSU CONCOR declined 4% in Friday's trading session following the announcement of the Q4 results 2025. Dividend announcement and a bonus share issue also failed to stem the downfall in the stock.

Stock Market Today: Small-cap stock below ₹50 set BCL Industries has set the date to declare Q4 results 2025 and final dividend for FY25 as May 29.

Shares of Waaree Energies and Premier Energies fell sharply, reflecting the decline in US solar stocks due to a proposed tax bill by Trump that may repeal clean energy subsidies. This poses a significant risk for Indian solar firms reliant on US markets.