On Friday, May 16, 2025, Indian stock markets witnessed a strong rally. The BSE Sensex surged 1,200.18 points (1.48%) to close at 82,530.74, while the NSE Nifty 50 jumped 395.20 points (1.60%), settling at 25,062.10. Let us walk you through how the stock market looks today.
Stock Market on May 16, 2025
Bharti Airtel
Bharti Airtel drew attention after Singtel’s unit, Pastel, announced plans to sell a 0.8% stake through a block deal worth Rs 8,568 crore. The minimum offer price has been slightly below the current market rate, at Rs 1,800 per share.
Godrej Industries
Godrej Industries returned to profitability in Q4, reporting a net profit of Rs 183 crore compared to a loss in the same quarter last year. Revenue rose by over 26%, driven by improved operating margins.
Patanjali Foods
Patanjali Foods posted a 76.3% year-on-year rise in consolidated net profit, reaching Rs 358.5 crore.
PB Fintech
PB Fintech, the parent company of Policy bazaar, reported an 184.1% year-on-year increase in Q4 net profit, reaching Rs 171 crore.
JSW Energy
JSW Energy recorded a 16% rise in fourth-quarter profit, largely due to increased electricity demand during the summer. The company’s board has also approved plans to raise Rs 10,000 crore through instruments such as Qualified Institutional Placement (QIP) and private placements.
