Stocks to Watch Today: 7th May 2025 | Timex, GMDC, UBL, NLC India, Paytm & More!

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Posted by : sachet | Wed May 07 2025

Stocks to Watch Today: 7th May 2025 | Timex, GMDC, UBL, NLC India, Paytm & More!

Stocks, Share Market Today: The benchmark index, BSE Sensex, trades down by 162.28 points today to 80,478.42, while Nifty50 trades 51.05 points lower at 24,325.95 as of 09:55:12 IST. The top stocks to watch today include Timex, GMDC, UBL, NLC India, Paytm, and more. Previously, Gift Nifty Price closed with an adjusted change of -74.00 points or 0.30% to reach 24,357.00. Scroll down to learn about the top stocks to watch today and the latest updates on them.

Table of Contents

Stocks to Watch Today: 7th May 2025

Timex: Times announced its Q4 results for FY25, reporting a significant surge in revenue at ₹135 crore against ₹92 crore of the corresponding quarter of the previous year. Moreover, the net profit of Timex reached ₹9.2 crore against ₹7.0 crore.
GMDC: GMDC signed a long-term supply agreement with City Gold Pipes for the supply of 150 million tonnes of limestone over 40 years from Kutch’s Lakhpat Punrajpur Mine.
UBL: UBL is all set to benefit from the free trade agreement between India and the UK along with a double contribution convention.
NLC India: NLC India signs a power purchase agreement for its largest solar project of 810MW at Pugal Solar Park, Rajasthan.
Paytm: Paytm has reported a net loss of ₹544.60 crore against a previous loss of ₹550.50 crore. Moreover, the revenue of Paytm stood at ₹1,912 crore vs ₹2,267.10 crore year-over-year.
Tejas Networks: Tejas Networks launched 1.2 TBPS single-wave coherent DWDM solutions at Bharat Telecom 2025.
MGL: MGL has announced its Q4 results 2025 with a net profit of ₹252.20 crore against the poll of ₹211 crore. Moreover, the revenue of MGL stood at ₹1,865 crore vs a poll of ₹1,784 crore.

Sector Outlook

In the stock market today, investors will likely focus on the beverages, selective auto, textile, and defence sectors. Stocks in these sectors may face high volatility or gains during the intraday session.

Technical Levels to Consider

NIFTY 50

Support: 24,224.00 / 24,132.00
Resistance: 24,481.00 / 24,576.00

Bank Nifty

Support: 53,901.00 / 53,785.00
Resistance: 54,555.00 / 54,650.00

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