Top 5 stocks to watch today

May 22, 2023

By: BlinkX Research Team

Here are the top 5 action stocks for the day

Power Grid Corporation

Power Grid Corporation of India reported a nearly 4% yoy rise in consolidated net profit for the quarter ended March to Rs 4,320 crore. Revenue for the quarter increased by nearly 15% YoY to Rs 12,264 crore.

Glenmark Pharma

Glenmark Pharma posted a net loss of Rs 428 crore for the quarter ended March, against profit of Rs 155.5 crore in same period last year, impacted by exceptional loss of Rs 799.7 crore primarily on account of settlement of litigation related to generic Zetia in the US.

Zomato

Zomato narrows losses to Rs188 crore in Q4, expenses fell to Rs2,431crore.

Delhivery

Delhivery to make a strategic investment in retail tech firm Vinculum.

Bharat Electronics

Bharat Electronics has registered nearly 20% yoy growth in consolidated profit at Rs 1,382 crore for quarter ended March FY23, driven by healthy operating numbers. Revenue grew by 2.2% to Rs 6,479.1 crore compared to same period last year.

Source: Media reports