Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, stake sale, and mergers, here’s a quick look at which stocks will be in focus in today's trade:
Life Insurance Corporation of India, Bosch, Bharat Dynamics, NMDC, Zinka Logistics Solutions, Carraro India, DCX Systems, EPACK Durable, Gujarat Fluorochemicals, Gateway Distriparks, Hindustan Copper, JK Lakshmi Cement, Medplus Health Services, Minda Corporation, Info Edge (India), Rashtriya Chemicals and Fertilizers, and Triveni Engineering & Industries will release their quarterly earnings on May 27.
Aurobindo Pharma Q4 (Consolidated YoY)
Profit falls 0.5% to Rs 902.8 crore Vs Rs 907.4 crore
Revenue rises 10.6% to Rs 8,382.1 crore Vs Rs 7,580.2 crore
Bayer Cropscience Q4 (YoY)
Profit zooms 49.3% to Rs 143.3 crore Vs Rs 96 crore
Revenue jumps 32.1% to Rs 1,046.4 crore Vs Rs 792.3 crore
Shilpa Medicare Q4 (Consolidated YoY)
Profit tanks 40.8% to Rs 14.5 crore Vs Rs 24.5 crore
Revenue increases 13.4% to Rs 330.8 crore Vs Rs 291.7 crore
Exceptional loss stands at Rs 28.1 crore Vs gain of Rs 6.13 crore
Lumax Industries Q4 (Consolidated YoY)
Profit grows 21.9% to Rs 44 crore Vs Rs 36.1 crore
Revenue soars 24.3% to Rs 923.4 crore Vs Rs 742.7 crore
Board recommends final dividend of Rs 35 per share
Sumitomo Chemical India Q4 (Consolidated YoY)
Profit declines 9.2% to Rs 99.6 crore Vs Rs 109.7 crore
Revenue increases 0.8% to Rs 679.4 crore Vs Rs 674.2 crore
PTC India Q4 (Consolidated YoY)
Profit spikes 276% to Rs 343.4 crore Vs Rs 91.3 crore
Revenue falls 14.3% to Rs 3,006.3 crore Vs Rs 3,507.4 crore
Exceptional gains stand at Rs 305.96 crore Vs loss at Rs 20.5 crore
Board recommends final dividend at Rs 6.70 per share
Bajaj Healthcare Q4 (YoY)
Profit stands at Rs 11.2 crore Vs loss of Rs 30 crore
Revenue grows 15.4% to Rs 154.5 crore Vs Rs 133.9 crore
Exceptional item Nil Vs loss of Rs 44.3 crore
Apeejay Surrendra Park Hotels Q4 (Consolidated YoY)
Profit zooms 44.1% to Rs 26.6 crore Vs Rs 18.4 crore
Revenue jumps 16.3% to Rs 177.3 crore Vs Rs 152.4 crore
KEC International Q4 (Consolidated YoY)
Profit soars 76.7% to Rs 268.2 crore Vs Rs 151.8 crore
Revenue increases 11.5% to Rs 6,872.1 crore Vs Rs 6,164.8 crore
Board recommends dividend of Rs 5.50 per share
Jindal Drilling & Industries Q4 (Consolidated YoY)
Profit stands at Rs 71.6 crore Vs loss of Rs 15 crore
Revenue surges 23.8% to Rs 245 crore Vs Rs 197.9 crore
India Pesticides Q4 (Consolidated YoY)
Profit zooms over 20-fold to Rs 21.8 crore Vs Rs 1.06 crore
Revenue spikes 64% to Rs 207.2 crore Vs Rs 126.3 crore
Maharashtra Seamless Q4 (Consolidated YoY)
Profit jumps 10.8% to Rs 242 crore Vs Rs 218.4 crore
Revenue grows 16.7% to Rs 1,417.8 crore Vs Rs 1,214.9 crore
Capacite Infraprojects Q4 (Consolidated YoY)
Profit rises 2.5% to Rs 53.1 crore Vs Rs 51.8 crore
Revenue increases 12.1% to Rs 671.3 crore Vs Rs 598.9 crore
Blue Dart Express Q4 (Consolidated YoY)
Profit drops 29.1% to Rs 55.2 crore Vs Rs 77.8 crore
Revenue soars 7.1% to Rs 1,417.3 crore Vs Rs 1,322.9 crore
General Insurance Corporation of India Q4 (Consolidated YoY)
Gross premiums written grows 20.9% to Rs 1,0746 crore Vs Rs 8,890.4 crore
Net premium earned jumps 27.2% to Rs 9,250 crore Vs Rs 7,273.9 crore
Net commission zooms 33% to Rs 2,000.2 crore Vs Rs 1,504 crore
Underwriting loss at Rs 224.13 crore Vs profit at Rs 490 crore
Operating profit falls 2.9% to Rs 2,433.3 crore Vs Rs 2,506.4 crore
Profit declines 3.2% to Rs 2,498.9 crore Vs Rs 2,580.4 crore
Stocks to Watch
Foreign promoter Rakesh Gangwal is likely to sell up to a 3.4% stake in the airline company via block deals, aiming to raise approximately Rs 6,831 crore. The floor price has been set at Rs 5,175 per share, according to a report by CNBC-TV18 citing sources.
Promoters are expected to sell up to a 5.62% stake in the company through a block deal to raise Rs 1,177 crore. The floor price for the transaction is fixed at Rs 740 per share, CNBC-TV18 reported, quoting sources.
Promoter Sagility B.V. will sell up to a 15.02% equity stake in the company via an Offer for Sale (OFS). The OFS will open for non-retail investors on May 27, and for retail investors on May 28. The floor price has been fixed at Rs 38 per share.
Stocks to Enter F&O Segment
The National Stock Exchange has announced the addition of four stocks—360 ONE WAM, Amber Enterprises India, KFin Technologies, and PG Electroplast—to its Futures and Options (F&O) segment, effective June 27.
Stocks to be added in BSE Sensex Next 30
Nestle India, Max Healthcare Institute, Divis Laboratories, Indian Hotels, and IndusInd Bank will replace Avenue Supermarts, Bharat Petroleum Corporation, Hero MotoCorp, Trent, and Bharat Electronics in the BSE Sensex Next 30 Index, effective June 23.
The Board has approved the amalgamation of Sesa Care with the company. The scheme is subject to the approval of BSE, the National Stock Exchange of India, the Securities and Exchange Board of India, the jurisdictional National Company Law Tribunal (NCLT) bench, and the shareholders.
Bulk Deals
OHM Trading Solutions Corp has acquired 3.5 lakh shares in the company at an average price of Rs 179.50 per share.
Pine Oak Global Fund has offloaded 88,800 equity shares in the company at an average price of Rs 194.48 per share.
National Highways Infra Trust
SBI Life Insurance Company acquired 3.74 crore units, and Vidyaniti LLP bought 4.50 crore units in National Highways Infra Trust at an average price of Rs 133.57 per unit. The units were purchased from the National Highways Authority of India.
Mainboard Listing on May 27
Borana Weaves
Stocks Trade Ex-Dividend
Man Infraconstruction
L&T Finance
Trident
Stock Trades Ex-Buyback
Infobeans Technologies
Stock Trades Ex-Date for Income Distribution (InvIT)
Altius Telecom Infrastructure Trust
Intelligent Supply Chain Infrastructure Trust
Stocks in F&O ban
Chambal Fertilisers and Chemicals
Hindustan Copper
Manappuram Finance
RBL Bank
Titagarh Rail Systems
Stocks removed from F&O ban
Dixon Technologies
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