Author name: Jaspreet Singh Arora

Monday, 12 May, was a day of notable rally for Fusion Micro Finance Ltd., stock price, as it climbed over 8% in recent trading sessions. This was following the successful completion of the Warburg Pincus-backed NBFC’s ₹800 crore rights issue. The response to the offering was overwhelming, with the issue being oversubscribed by 1.5 times, indicating strong investor faith in the company’s future, especially at a time when the microfinance sector is regaining its growth momentum. 

Godfrey Phillips India has seen a steep rise in its stock price in 2025. By May 6th, the share price had reached ₹8,989, marking a 63% increase since the beginning of the year. This movement signals a notable shift in how the market values the company. The rise sets a new record for the stock, reflecting a reassessment of the company’s prospects or current performance. It stands out as a sharp gain over a relatively short span.

The financial year 2025-26 started with the Q4 declaration for the financial year 2024-25 from companies across various sectors in the Indian stock market. While some posted strong gains in profitability and revenue, particularly in financial services, tech, and consumer goods, others reported modest growth or declines, highlighting sector-specific challenges. The stock market’s response varied, with positive results boosting shares and weaker performances weighing them down. 

MRF raced ahead in the stock market on 7 May, as it rolled out a strong Q4 performance that sent its shares up by 4%. The share price of one of India’s most expensive stocks by value touched a high of ₹1,41,500 on the NSE, after opening at ₹1,31,500, reflecting a gain of over ₹10,000 per share in just one day. It finally closed at ₹1,40,420, which was a ₹5,430 surge over the previous closing. In the past month, the stock has climbed nearly 28%, adding more than ₹30,000 per share to its value. The spike was witnessed after the tyre giant reported a 31% year-on-year jump in net profit for the quarter ended March 31, 2025. 

In a major development for India’s banking sector, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received approval from the Reserve Bank of India (RBI) to acquire a 51% stake in private sector lender Yes Bank.