Here's a quick look at which stocks will be in focus in trade on Friday, from significant investments and major deals to earnings announced on May 30.
Earnings Announced Post Market Hours on May 30
Apollo Hospitals Enterprise Q4 (Consolidated YoY)
Profit spikes 77.5% to Rs 258.4 crore Vs Rs 145.6 crore
Revenue rises 14.9% to Rs 4,944 crore Vs Rs 4302.2 crore
Board announces final dividend of Rs 10 per share
Bharat Dynamics Q4 (YoY)
Profit zooms 89% to Rs 288.8 crore Vs Rs 152.8 crore
Revenue grows 7% to Rs 854.1 crore Vs Rs 798.3 crore
Muthoot Finance Q4 (Standalone YoY)
Profit rises 17% to Rs 1,056.3 crore Vs Rs 902.7 crore
Revenue increases 15.2% to Rs 2,134.8 crore Vs Rs 1,853.3 crore
BGR Energy Systems Q4 (Consolidated YoY)
Profit stands at Rs 129.4 crore Vs loss of Rs 217.6 crore
Revenue zooms 59.4% to Rs 170 crore Vs Rs 106.7 crore
Lux Industries Q4 (Consolidated YoY)
Profit surges 84.6% to Rs 55.1 crore Vs Rs 29.8 crore
Revenue falls 1.3% to Rs 707.6 crore Vs Rs 716.9 crore
Mold-Tek Packaging Q4 (YoY)
Profit falls 21.9% to Rs 18 crore Vs Rs 23 crore
Revenue falls 4.2% to Rs 176.9 crore Vs Rs 184.7 crore
Swan Energy Q4 (Consolidated YoY)
Profit declines 10.5% to Rs 55.6 crore Vs Rs 62.1 crore
Revenue spikes 50% to Rs 1,398 crore Vs Rs 933.2 crore
Suven Pharmaceuticals Q4 (Consolidated YoY)
Profit plunges 58% to Rs 52.4 crore Vs Rs 124 crore
Revenue sinks 31.5% to Rs 252.9 crore Vs Rs 369.4 crore
Gujarat Alkalies & Chemicals Q4 (Consolidated YoY)
Loss stands at Rs 46.2 crore Vs profit of Rs 71 crore
Revenue falls 12% to Rs 1,001.6 crore Vs Rs 1,138.1 crore
Mrs. Bectors Food Specialities Q4 (Consolidated YoY)
Profit rises 21.6% to Rs 33.6 crore Vs Rs 27.6 crore
Revenue grows 17.4% to Rs 406.4 crore Vs Rs 346 crore
Bharat Rasayan Q4 (Consolidated YoY)
Profit surges 122% to Rs 67.1 crore Vs Rs 30.3 crore
Revenue rises 1.2% to Rs 309.6 crore Vs Rs 305.9 crore
Sunteck Realty Q4 (Consolidated YoY)
Profit stands at Rs 101.3 crore Vs loss of Rs 27.9 crore
Revenue spikes nearly 9-fold to Rs 426.9 crore Vs Rs 48.9 crore
Kewal Kiran Clothing Q4 (Consolidated YoY)
Profit rises 20.2% to Rs 37.8 crore Vs Rs 31.5 crore
Revenue grows 10% to Rs 219.4 crore Vs Rs 199.5 crore
Kewal Kiran Clothing announces acquisition of 50% stake in Kraus Casuals for Rs 166.51 crore
V2 Retail Q4 (Consolidated YoY)
Profit stands at Rs 3.6 crore Vs loss of Rs 7.7 crore
Revenue jumps 53% to Rs 296 crore Vs Rs 193.4 crore
Praj Industries Q4 (Consolidated YoY)
Profit grows 4.3% to Rs 91.9 crore Vs Rs 88.1 crore
Revenue rises 1.5% to Rs 1,018.6 crore Vs Rs 1,004 crore
Welspun Corp Q4 (Consolidated YoY)
Profit climbs 19.7% to Rs 287.3 crore Vs Rs 240 crore
Revenue increases 9.6% to Rs 4,461.2 crore Vs Rs 4,070.2 crore
Stocks To Watch
The pharma company has accepted the preferential offer to acquire 14.28% shares of the Indian Foundation for Quality Management, for Rs 12.5 crore.
The company announced the launch of its JioFinance app in Beta version. This app integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings.
ICICI Prudential Life Insurance Company
The Insurance Regulatory and Development Authority of India (IRDAI) approved the appointment of Sandeep Batra as Chairman of the board of directors. The said appointment will be effective June 30, 2024.
Krishna Institute of Medical Sciences
KIMS subsidiary KIMS Hospital Bengaluru entered into a lease agreement for setting up a super specialty hospital in Bengaluru, at Peoples Education Society (PES) campus, Electronic City. The subsidiary also entered into a management agreement with PES to exclusively manage the proposed under-construction hospital unit.
The specialty chemicals company has appointed Suyog Kotecha as Chief Executive Officer (CEO) and Executive Director with effect from June 17, replacing Rajendra V Gogri. Gogri will relinquish his role as CEO of the company effective June 17; however, he will continue to be the Chairman and Managing Director of the company.
The board has given approval for sub-division of 1 equity share of the company (face value of Rs 10 each) into 10 equity shares (face value of Re 1 each).
A subsidiary of the company, Tl Clean Mobility, has acquired 5,024 equity shares (equivalent to 23.69% of share capital) of IPLTech Electric from the founders for Rs 185 crore. Consequently, Tl Clean Mobility's shareholding in IPLTech has increased from 65.77% to 89.46%.
Desh Deepak Khetrapal has resigned as Vice Chairman and MD of the company effective May 30. The board has appointed Ravindra Singh Negi as Managing Director and CEO of the company for 5 years effective May 31.
Awfis Space Solutions
Goldman Sachs FDS Goldman Sachs India EQ Portfolio bought 10,75,039 equity shares of the working space solutions provider at an average price of Rs 438.18 per share, valuing at Rs 47.1 crore, on its listing day.
General Atlantic Singapore Fund Pte Ltd sold 1 crore equity shares (equivalent to 5.8% of paid-up equity) in KFin at an average price of Rs 712.81 per share, valued at Rs 712.81 crore. However, Societe Generale, Employees Provident Fund managed by Aberdeen Asset Management SDN BHD, and Morgan Stanley Asia Singapore Pte bought 43,20,129 equity shares (equivalent to 2.5% of paid-up equity) in KFin at an average price of Rs 712.5 per share, amounting to Rs 307.8 crore.
Promoter IRB Holding sold 10.50 crore equity shares in IRB Infrastructure at an average price of Rs 64.32 per share, and 12 crore shares at an average price of Rs 64.12 per share, which is equivalent to 3.7% of paid-up equity, valued at Rs 1,444.8 crore. However, The MTBJ A/C Nomura India Investment FD bought 3,87,30,591 equity shares in IRB Infra at an average price of Rs 66.25 per share, amounting to Rs 256.6 crore.
TPG Asia VII SF Pte Ltd exited R R Kabel by selling its entire shareholding of 56,33,238 equity shares at an average price of Rs 1,701.1 per share, valuing at Rs 958.27 crore. However, HDFC Standard Life Insurance Company bought 8.5 lakh shares, and Mirae Asset Mutual Fund bought 11,46,300 equity shares in R R Kabel at the same price.
GSM Foils
The trading in equity shares of the company will commence on the NSE Emerge effective May 31. Its equity shares will be available in the Trade-for-Trade surveillance segment.
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