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

Stocks to Watch Today: 7th May 2025

1. 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.
2. 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. 
3. UBL: UBL is all set to benefit from the free trade agreement between India and the UK along with a double contribution convention. 
4. NLC India: NLC India signs a power purchase agreement for its largest solar project of 810MW at Pugal Solar Park, Rajasthan. 
5. 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. 
6. Tejas Networks: Tejas Networks launched 1.2 TBPS single-wave coherent DWDM solutions at Bharat Telecom 2025. 
7. 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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Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities. 

FAQs on Stocks to Watch Today

Which share is best to buy today? 

Ans. Stocks to watch today (7th May 2025) are: 

• Indegene
• Tera Software
• GP Petroleums
• Candour Techtex
• Jagsonpal

What are the best highlighted stocks for today?

Ans. Shares Recommended by the Brokerages for Today, 7th May 2025 are:

• Coforge (Target Price ₹8,035 by HSBC)
• Indian Hotels (Target Price ₹980 by Jefferies)
• IGL (Target Price ₹250 by Citi)
• Mahindra & Mahindra (Target Price ₹3,480 by Citi)

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