By Admin 
- Paytm shares are showing recovery after quarterly results and cost cuts.
- Shares of Hindalco Industries rose due to buying by institutional investors.
- Sun Pharma is considered a defensive stock safe from takeovers and weak rupee.
- BPCL is at its lowest valuation amid rising crude oil prices.
Stocks to focus: Tomorrow, on Monday, May 25, another trading week is starting in the stock market. During this period, investors will keep an eye on some stocks which can generate bumper earnings. Due to the recently released excellent quarterly results, positive reports from brokerage houses and strong corporate triggers, these stocks are expected to see strong movement. Let’s take a look at the list of these shares:-
Paytm
Paytm shares are in focus since the fourth quarter results. According to market expert Equentis, after the cost cutting measures taken by the company and expansion of the financial ecosystem, the stocks are now showing recovery not only in buzz but also on the basis of performance.
Hindalco Industries
Hindalco also recently released its Q4 results. On Friday, just before the market closed due to heavy buying by institutional investors, the stock showed excellent recovery and managed to touch a strong level of Rs 1085.
Sun Pharma
The company has considered the decision to pay dividend after the Q4 results. Between the acquisition of Organon for $11.75 billion and the weakening rupee (53% of the company’s earnings are from foreign markets), experts consider it to be the safest defensive stock.
BPCL
Amidst the rising prices of crude oil in the international market, BPCL is currently trading at the lowest valuation in its history. At the current price of Rs 2.84.45, it is very close to its 52-week low. Because of this, it can become a big bet for value investors.
Apart from these shares, investors will also keep an eye on the shares of Blue Dart Express, Ola Electric, Crompton Greaves, L&T, Pradeep Phosphates.
(The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)
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