Stocks To Watch On 13 May 2026: Dixon Technologies, Tata Power & More

The Nifty extended its losing streak for a fourth straight session on Tuesday, tumbling 436 points to close at 23,379 — its biggest single-day fall of the ongoing financial year. Over the past four sessions, the benchmark index has shed more than 1,100 points from its recent peak of 24,482, reflecting strong bearish pressure in the market. The sell-off also dragged the index below the key 23,500 support zone, where it continues to trade weakly.

Key Stocks In Focus

Tata Power

The company posted weaker Q4 results, with net profit slipping 4.5% year-on-year to ₹996 crore compared to ₹1,043 crore in the same period last year. Revenue for the quarter declined 12.8% to ₹14,900 crore, while EBITDA fell 20% to ₹2,599.2 crore.

Dr Reddy’s Laboratories

The pharmaceutical company posted a steep drop in its Q4 performance, with net profit plunging 86.2% year-on-year to ₹220 crore from ₹1,587.3 crore in the corresponding quarter last year. Revenue for the period fell 12% to ₹7,516.2 crore, while EBITDA declined 60.4% to ₹981 crore.

Dixon Technologies

The company reported Q4 revenue of ₹10,510 crore, while EBITDA came in at ₹408.4 crore with an operating margin of 3.9%. On a year-on-year basis, revenue rose 2%, whereas EBITDA declined 7.8%. Margin also narrowed from 4.3% in the corresponding quarter last year to 3.9%.

Torrent Power

The company posted a steep fall in Q4 net profit, with earnings dropping 70% year-on-year to ₹318.2 crore from ₹1,060 crore in the same quarter last year. Revenue remained nearly unchanged at ₹5,930 crore versus ₹5,951 crore a year ago, while EBITDA registered a modest 1.7% increase to ₹1,149.3 crore.

Berger Paints

Berger Paints India posted a 27.8% year-on-year jump in Q4 net profit at ₹335 crore, driven by stronger operating performance and better margins. Revenue rose 6.1% to ₹2,868 crore compared to ₹2,704 crore in the corresponding quarter last year, while EBITDA climbed 12.6% to ₹482 crore.

Nazara Technologies

The company delivered a strong improvement in Q4 profitability, with net profit surging to ₹55.7 crore from ₹4.1 crore in the same quarter last year. Revenue, however, declined 23.5% year-on-year to ₹397.8 crore. EBITDA more than doubled to ₹74 crore from ₹34.6 crore, while EBITDA margin expanded sharply to 18.6% compared with 6.7% a year earlier.

Also Read - Ethos Q4 FY26 Results: Revenue Jumps 33% To ₹414 Crore

Vodafone Idea

The telecom operator announced that its board is scheduled to meet on May 16 to review the fourth-quarter financial results and discuss plans for raising capital. The fundraising proposal may involve issuing equity shares or warrants through a preferential allotment route.

Bharti Airtel, Cipla, DLF, Hindustan Petroleum Corporation Limited and LIC Housing Finance are expected to release their Q4 results today.

Source:

CNBC TV18