On May 2, 2025, both the Nifty 50 (up by 12.50 points) and the Sensex (up by 259.75 points) closed in the green. Out of the 13 major sectors, 10 showed gains, with Financial Services, Oil & Gas, and Information Technology leading the rally. On the flip side, Metals, Consumer Durables, and Pharmaceuticals failed to attract market attention. Looking ahead, it is too early to predict the market’s performance for the coming week, but here are details on the top five stocks you may consider tracking.
Five Stocks to Watch in the Coming Week
Here are the five stocks whose performance on the price chart is worth tracking:
Adani Green Energy Ltd. (NSE: ADANIGREEN)
Adani Green recently declared the fourth-quarter financial year 2024-25 results. The total income for the quarter was ₹3,278 crore, up 15.38% year-on-year. The company posted a cash profit of ₹1,231 crore, an 18.13% increase from the same quarter of the preceding financial year. Revenue from supplies surged by 37.35% to ₹2,666 crore compared to Q4 of the preceding financial year.
In addition to these financials, the company has signed an agreement to supply 1,250 megawatts of energy to hydro storage projects. Adani Green has also operationalised its 37.50 megawatt solar power plant in Khavda, Gujarat.
Key details of Adani Green Energy stocks:
| Closing Price (as of May 02, 2025) | ₹905.25 |
| Trading Volume | 34,22,602 |
| Company Type | Largecap |
| Market Cap | ₹1,43,801 crores |
| Beta | 1.80 |
Bandhan Bank (NSE: BANDHANBNK)
Bandhan Bank has declared its Q4 results for the financial year 2024-25. The company’s net profit surged to ₹317.90 crores, up by 481.91% compared to ₹54.63 crores in the same quarter of the previous financial year. The total deposits in Q4 increased by 7.2% compared to ₹1,41,002 crore in Q3.
The growth is also reflected in the company’s loans and advances book, which rose by 10.6% to ₹1,37,902 crores compared to ₹1,24,721 crores in the same quarter of the previous year.
Considering the performance, Bandhan Bank has announced a dividend of ₹1.50 per share, subject to shareholders’ approval.
Key details of Bandhan Bank stocks:
| Closing Price (as of May 02 2025) | ₹161.74 |
| Trading Volume | 2,57,89,799 |
| Company Type | Smallcap |
| Market Cap | ₹26,055 crores |
| Beta | 1.31 |
Varun Beverages Ltd. (NSE: VBL)
A few days ago, Varun Beverages posted its Q4 results for the financial year 2024-25. The company reported revenue from operations of ₹5,566.93 crores, up by 28.94% year-on-year. However, this figure excludes excise duty. The net profit surged to ₹977.81 crores, up by 36.61% compared to the same quarter of the preceding financial year.
The quarter’s consolidated sales volume reached 312.4 million cases. This growth was driven by 15.15% organic volume increases in India and inorganic volume surges from the Democratic Republic of Congo and South Africa.
Key details of Varun Beverages Stocks:
| Closing Price (as of May 02, 2025) | ₹524.45 |
| Trading Volume | 1,05,71,150 |
| Company Type | Largecap |
| Market Cap | ₹1,77,361 crores |
| Beta | 0.83 |
Exide Industries Ltd. (NSE: EXIDEIND)
Exide Industries is in the spotlight following the declaration of its Q4 results for the financial year 2024-25. The company has reported revenue from operations of ₹4519.42 crores, marking a 3.74% increase year-on-year. However, the profit before tax, amounting to ₹342.99 crore, experienced a 10.19% decline compared to the same quarter of the previous financial year.
A key aspect of Exide Industries is its zero debt and robust cash flow generation. Considering its financial performance, the company has announced a dividend of ₹2 per equity share, with the record date set for July 19, 2025.
Key details of Exide Industries Ltd. Stocks:
| Closing Price (as of May 02, 2025) | ₹355.15 |
| Trading Volume | 33,05,750 |
| Company Type | Midcap |
| Market Cap | ₹30,187 crores |
| Beta | 1.37 |
Jindal Steel and Power Ltd. (NSE: JINDALSTEL)
Jindal Steel and Power recently announced their Q4 results. The net profit for this period stood at ₹339.40 crores. The sales figure in Q4 was ₹13,183.1 crores, which is 2.25% lower than the ₹13,486.96 crores figure reported in Q3 of the financial year 2024-25. According to financial reports, the company has proposed a final dividend of ₹2 per equity share, subject to shareholders’ approval.
In addition to these financial updates, the company acquired Allied Strips a month ago. Allied Strips specialises in cold rolled coils, hot rolled coils, and CRCA steel, thereby enhancing Jindal Steel’s product portfolio. Jindal Steel has also partnered with Saradhapur Jaltap East Coal Block to ensure a steady supply of raw materials for steel production.
Key details of Jindal Steel and Power Ltd. Stocks:
| Closing Price (as of May 02, 2025) | ₹897.75 |
| Trading Volume | 36,91,056 |
| Company Type | Midcap |
| Market Cap | ₹91,578 crores |
| Beta | 1.20 |
Conclusion
With uncertainty looming over the Indian stock market amid growing tensions with Pakistan, defining the trend in the coming weeks poses a challenge. Regardless of the stock you choose for trading, it is recommended that you use multiple technical indicators and prepare several charts to avoid entering into loss-making trades. Remember, in the highly volatile stock market, no single stock can guarantee a positive return; the performance of all stocks is tied to macroeconomic factors, demand and supply, and management effectiveness.
Just starting out with investing? Begin your stock market journey by opening a Demat Account with Torus Digital today.
