Godrej, Mahanagar Gas Ltd among top 4 stocks to watch on May 7

BSE Ltd

The Bombay Stock Exchange (BSE) reported a stellar Q4 performance, with net profit surging to ₹494 crore, a significant jump from ₹107 crore in the same quarter last year. Revenue also climbed to ₹846.6 crore. The board has declared a dividend of ₹23 per share, which includes a special payout of ₹5.

Godrej Consumer Products

The company swung back into profitability with a Q4 net profit of ₹412 crore, recovering from a massive loss of ₹1,893 crore in the same period last year. The turnaround is attributed to a sharp decline in exceptional expenses.

Mahanagar Gas Ltd (MGL)

MGL delivered strong March quarter results, surpassing market expectations across the board—including net profit, revenue, and EBITDA.

Gujarat Mineral Development Corporation (GMDC)

GMDC has entered into a 40-year long-term agreement with City Gold Pipes for the supply of 150 million tonnes of limestone from its Lakhpat Punrajpur Mine in Kutch, strengthening its position in the minerals supply chain.