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Stocks in news: Indian Hotels, Paytm, BSE, Paras Defence, Fortis Healthcare

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ETMarkets.comLast Updated: May 06, 2025, 06:17:00 AM IST

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The markets experienced a slight gain of half a percent, continuing their consolidation. Several companies are in focus due to recent news, including Paytm, BSE, and Bank of Baroda, which are set to announce their Q4 results. Indian Hotels reported a 25% increase in net profit, while IRCON secured a Rs 187 crore work order.

stocks in news — RateGain Travel Technologies appointed Rohan Mittal as Chief Financial Officer (CFO) of the company with effect from May 6.

The markets began the week on a subdued note, ending with a modest gain of half a percent while continuing the ongoing consolidation phase. In today's trade, shares of Indian Hotels, Paytm, BSE, Paras Defence, Fortis Healthcare among others will be in focus due to various news developments.

Paytm, BSE, Bank of Baroda
Shares of Paytm, BSE and Bank of Baroda will be in focus as the companies will announce their fourth quarter results today.

Indian Hotels
The Indian Hotels Company (IHCL) reported a 25% jump in its Q4FY25 consolidated net profit to Rs 522 crore versus Rs 418 crore reported in the year ago period.

IRCON International
IRCON International announced that it has secured a work order worth Rs 187 crore from Kerala State IT Infrastructure.

Paras Defence
Paras Defence has signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones to explore opportunities in the defence and civil drone markets.

Fortis Healthcare
Fortis Healthcare arm Fortis Hospitals received a rectification order under Income Tax Act where tax demand of Rs 89.53 crore has been reduced to nil.

RateGain Travel
RateGain Travel Technologies appointed Rohan Mittal as Chief Financial Officer (CFO) of the company with effect from May 6.

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