Stock Radar: Vodafone Idea, Jindal Saw, Biocon, ZEEL in focus today

Stocks in news today

Let's catch up on the latest news from the stock market. From significant investments to major deals and earnings announced on May 16 to earnings announcements expected today, here's a quick look at which stocks will be in focus in trade on Friday.

Earnings Expected Today

JSW Steel, Zee Entertainment Enterprises, Zydus Lifesciences, Amber Enterprises India, Astral, Balkrishna Industries, Balrampur Chini Mills, Bandhan Bank, Delhivery, GlaxoSmithKline Pharmaceuticals, Godrej Industries, NHPC, Pfizer, The Phoenix Mills, Rashtriya Chemicals & Fertilizers, Rail Vikas Nigam, and Sobha will release March quarter earnings on May 17.

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Earnings Announced Post Market Hours

Vodafone Idea (Consolidated, QoQ)

Net loss: Rs 7,674.6 crore vs Rs 6,986 crore in Q3FY24

Revenue down 0.6% to Rs 10,606.8 crore

ARPU: Rs 146 vs Rs 145 in Q3FY24

Biocon (Consolidated, YoY)

Net profit down 46.2% to Rs 222.9 crore

Revenue up 3.8% to Rs 3,917.1 crore

EBITDA down 9.5% to Rs 1,035.2 crore

Board recommended dividend of Rs 0.5 per share

Crompton Greaves (Consolidated, YoY)

Net profit up 1.4% to Rs 133.43 crore

Revenue up 9.5% to Rs 1,961 crore

Board recommended dividend of Rs 3 per share

eClerx Services (Consolidated, YoY)

Net profit down 1.5% to Rs 130.5 crore

Revenue up 10.6% to Rs 766.5 crore

Container Corporation of India (Consolidated, YoY)

Net profit up 13.7% to Rs 317.8 crore

Revenue up 6.4% to Rs 2,325 crore

Board recommended dividend of Rs 2.5 per share

Endurance Technologies (Consolidated, YoY)

Net profit up 54% to Rs 210 crore

Revenue up 20.1% to Rs 2,685 crore

Sansera Engineering (Consolidated, YoY)

Net profit up 31.2% to Rs 46.5 crore

Revenue up 20.6% to Rs 745.8 crore

Triveni Turbine (Consolidated, YoY)

Net profit up 37% to Rs 76.2 crore

Revenue up 24% to Rs 458 crore

Board recommended dividend of Rs 1.3 per share

JK Paper (Consolidated, YoY)

Net profit down 1.6% to Rs 275.6 crore

Revenue down 0.05% to Rs 1,718.6 crore

Board recommended dividend of Rs 5 per share

Kaynes Technology (Consolidated, YoY)

Net profit up 97% to Rs 81.3 crore

Revenue up 75% to Rs 637.3 crore

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Akzo Nobel (Consolidated, YoY)

Net profit up 14% to Rs 108.7 crore

Revenue up 2.3% to Rs 973.4 crore

Board recommended dividend of Rs 25 per share

Prince Pipes (Consolidated, YoY)

Net profit down 42% to Rs 54.65 crore

Revenue down 3.2% to Rs 740 crore

Board recommended dividend of Rs 1 per share

Krishna Institute of Medical Sciences (Consolidated, YoY)

Net profit down 30% to Rs 65.5 crore

Revenue up 10% to Rs 633.8 crore

Stocks to List on May 17

Piotex Industries, Aztec Fluids & Machinery and Premier Roadlines

Bulk Deal

Jindal Saw 

Nippon India Small Cap Fund bought Rs 97.5 crore worth of shares in Jindal Saw. Cresta Fund offloaded shares worth Rs 108.3 crore.

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Stocks Turn Ex-Dividend 

Ador Fontech, Advanced Enzyme Technologies, Craftsman Automation, Nicco Parks & Resorts, Nexus Select Trust

F&O Ban

Balrampur Chini Mills, Birlasoft, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, Piramal Enterprises, SAIL, Zee Entertainment Enterprises, Bandhan Bank, Biocon, Granules India and India Cements will be under the ban on May 17.