Let's catch up on the latest news from the stock market. From significant investments to major deals and earnings announced on May 17 to earnings announcements expected today, here's a quick look at which stocks will be in focus in trade on Saturday.
Earnings Expected Today
Anupam Rasayan India, ASK Automotive, Chemcon Speciality Chemicals, Data Patterns (India), Gujarat Ambuja Exports, Jyoti CNC Automation, Krsnaa Diagnostics, Parag Milk Foods, Trident, and Ujjivan Small Finance Bank will release March quarter earnings on May 18.
Also read: Trade setup for Saturday: 15 things to know before opening bell
Earnings Announced Post Market Hours on May 17
JSW Steel Q4 (Consolidated, YoY)
Net Profit down 64.7% to Rs 1,322 crore
Revenue falls 1.5% to Rs 46,269 crore
Zydus Lifesciences Q4 (Consolidated, YoY)
Net profit up 4-fold to Rs 1,182.3 crore
Revenue increases 10.4% to Rs 5,533.8 crore
Bandhan Bank Q4 (Standalone, YoY)
Profit tanks 93.2% to Rs 54.6 crore
Net interest income grows 16% to Rs 2,866 crore
Also read: Trading Plan: Will Nifty, Bank Nifty continue their northward journey in the near term?
Provisions jump 141%
Gross NPAs down 318 bps to 3.84% QoQ
Net NPA down 110 bps to 1.11% QoQ
NHPC Q4 (Consolidated YoY)
Profit down 16.3% at Rs 549.8 crore
Revenue falls 6.9% to Rs 1,888.1 crore
Zee Entertainment Enterprises Q4 (Consolidated YoY)
Profit at Rs 12.2 crore vs loss of Rs 72.9 crore
Revenue up 2.7% at Rs 2,169.9 crore
Balrampur Chini Mills Q4 (Consolidated YoY)
Profit at Rs 203.4 crore, down 20%
Revenue drops 3.8% to Rs 1,434.3 crore
JB Chemicals and Pharmaceuticals Q4 (Consolidated, YoY)
Profit up 43% at Rs 126 crore
Revenue grows 13% to Rs 862 crore
Domestic formulations business up 22% at Rs 465 crore
International formulations business grows 4% to Rs 397 crore
Pfizer Q4 (Consolidated YoY)
Profit up 38% at Rs 179 crore
Revenue down 4.5% to Rs 546.6 crore
Astral Q4 (Consolidated YoY)
Profit down 11.7% at Rs 181.6 crore
Revenue grows 7.9% to Rs 1,625.1 crore
Varroc Engineering Q4 (Consolidated YoY)
Profit at Rs 58.4 crore, up 46%
Revenue jumps 16.2% to Rs 1,974.8 crore
Godrej Industries Q4 (Consolidated YoY)
Net loss at Rs 311.8 crore vs profit at Rs 300 crore
Revenue down 5.9% at Rs 4,567.3 crore
Balkrishna Industries Q4 (Consolidated YoY)
Profit jumps 87.4% to Rs 487 crore
Revenue up 15.7% at Rs 2,682 crore
Delhivery Q4 (Consolidated YoY)
Net loss at Rs 68.5 crore vs loss at Rs 158.7 crore
Revenue up 11.6% at Rs 2,075.5 crore
Sobha Q4 (Consolidated YoY)
Profit at Rs 7 crore, down 85.5%
Revenue falls 37% to Rs 763 crore
Rail Vikas Nigam Q4 (Consolidated YoY)
Profit up 33.2% at Rs 478.6 crore
Revenue grows 17.4% to Rs 6,714 crore
Bharat Bijlee Q4 (Consolidated YoY)
Profit at Rs 48.5 crore, up 80.7%
Revenue up 37% at Rs 587.5 crore
Shipping Corporation of India Q4 (Consolidated YoY)
Profit down 19.1% at Rs 307.3 crore
Revenue down 0.4% to Rs 1,412.5 crore
Phoenix Mills Q4 (Consolidated YoY)
Profit at Rs 326.7 crore, up 28.6%
Revenue grows 79.1% to Rs 1,306 crore
GMR Power and Urban Infra Q4 (Consolidated YoY)
Profit at Rs 162.2 crore vs loss Rs 473.1 crore
Revenue up 14.8% at Rs 1,634.5 crore
Kirloskar Ferrous Industries Q4 (Consolidated YoY)
Profit down 77.88% at Rs 19.5 crore
Revenue from operations falls 1.9% to Rs 1,536 crore
Stocks To Watch
The lender signed MoU for incorporation of CCIL IFSC. CCIL IFSC will act as a clearing house and system provider for providing foreign currency settlement system services in IFSC, Gift city
Company appoints Sanjeev Jain as Chief Operating Officer in place of Amit Choudhary
Bulk Deal
Top executives - Chairman Yashish Dahiya and Vice-Chairman Alok Bansal sold 83,70,578 equity shares (1.85% of paid up equity) worth Rs 1,109 crore in PB Fintech at an average price of Rs 1,325.15 per share.
F&O Ban
Aditya Birla Capital, Balrampur Chini Mills, Bandhan Bank, Biocon, Birlasoft, GMR Airports Infrastructure, Granules India, Hindustan Copper, Vodafone Idea, India Cements, Piramal Enterprises, SAIL, Zee Entertainment Enterprises.
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