Indian stock markets opened lower on May 9, 2025, amid escalating geopolitical tensions between India and Pakistan, as indicated by Gift Nifty signals for Sensex and Nifty 50. However, some stocks demonstrated resilience. L&T shares jumped over 4% after reporting strong Q4 results, with a 25% YoY increase in net profit. The company also declared a dividend of ₹34 per share, with a record date set for June 3, 2025. Titan also experienced a surge, driven by robust Q4 and FY25 results, and declared a dividend of Rs 11 per share.
Coal India's shares rose following Q4 results, with a 12% increase in consolidated net profit. The board proposed a final dividend of ₹5.15 per share for FY25. Lupin received US FDA approval for Raltegravir tablets USP, 600 mg. Suzlon Energy secured a 50 MW wind project from BPCL, although shares dipped slightly. BPCL awarded contracts for 100 MW windfarm projects in Madhya Pradesh and Maharashtra, with Suzlon handling the Madhya Pradesh project.
Other key developments include Adani Group's partnership with Bhutan's DGPC to develop 5,000 MW of hydropower projects. One97 Communications' CEO settled an ESOPs case with SEBI for ₹2.8 crore. Mahindra and Mahindra Financial Services approved a rights issue of 15.44 crore shares worth ₹2,996.16 crore at ₹194 per share, with the record date set for May 14, 2025. Brigade Enterprises acquired land in Bengaluru for a ₹2,000 crore commercial project. Quick Heal secured an ₹18 crore order for a Cyber Literacy Program from NFSU.