Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Coal India, Punjab National Bank, APL Apollo Tubes, Blue Star, CarTrade Tech, Dabur India, Housing & Urban Development Corporation, Mangalore Chemicals & Fertilizers, MRF, Niva Bupa Health Insurance Company, Sapphire Foods India, Satin Creditcare Network, Sonata Software, Symphony, Tata Chemicals, United Breweries, Voltas, and Wonderla Holidays will release their quarterly earnings on May 7.
Godrej Consumer Products Q4 (Consolidated YoY)
Profit stands at Rs 412 crore Vs loss of Rs 1,893.2 crore
Revenue grows 6.3% to Rs 3,598 crore Vs Rs 3,385.6 crore
Exceptional loss at Rs 31.4 crore Vs loss of Rs 2,375.7 crore
Board declares interim dividend of Rs 5 per share
One 97 Communications Paytm Q4 (Consolidated YoY)
Loss narrows to Rs 544.6 crore Vs loss of Rs 550.5 crore
Revenue falls 15.7% to Rs 1,911.5 crore Vs Rs 2,267.1 crore
Other income jumps to Rs 223.8 crore Vs Rs 131.7 crore
Exceptional loss stands at Rs 522 crore Vs Nil
Mahanagar Gas Q4 (Standalone QoQ)
Profit grows 11.9% to Rs 252.2 crore Vs Rs 225.4 crore
Revenue increases 6.1% to Rs 1,864.9 crore Vs Rs 1,757.6 crore
Board recommends final dividend of Rs 18 per share
BSE Q4 (Consolidated YoY)
Profit zooms 362% to Rs 494.4 crore Vs Rs 107 crore
Revenue surges 75% to Rs 846.6 crore Vs Rs 484 crore
Board recommends dividend of Rs 23 per share
eMudhra Q4 (Consolidated YoY)
Profit grows 13.8% to Rs 23.9 crore Vs Rs 21 crore
Revenue jumps 47.3% to Rs 146.9 crore Vs Rs 99.7 crore
KEI Industries Q4 (Consolidated YoY)
Profit soars 34.5% to Rs 226.5 crore Vs Rs 168.5 crore
Revenue jumps 25.1% to Rs 2,914.8 crore Vs Rs 2,329.9 crore
Piramal Enterprises Q4 (Standalone YoY)
Loss stands at Rs 23.33 crore Vs profit of Rs 953.5 crore
Net interest income falls 6.5% to Rs 245.1 crore Vs Rs 262 crore
Board recommends final dividend of Rs 11 per share
Hindustan Petroleum Corporation (HPCL) Q4 (Standalone QoQ)
Profit rises 11% to Rs 3,355 crore Vs Rs 3,022.9 crore
Revenue falls 0.9% to Rs 1,09,492.4 crore Vs Rs 1,10,505.4 crore
Aarti Drugs Q4 (Consolidated YoY)
Profit jumps 32.7% to Rs 62.9 crore Vs Rs 47.4 crore
Revenue increases 9.2% to Rs 676.8 crore Vs Rs 620 crore
Aptus Value Housing Finance Q4 (Standalone YoY)
Profit spikes 38.8% to Rs 169.6 crore Vs Rs 122.2 crore
Revenue grows 22.9% to Rs 354.4 crore Vs Rs 288.3 crore
Board appoints Sanjay Mittal as Chief Financial Officer of the company
Board appoints John Vijayan Rayappa as the Chief Risk Officer of the company
Kansai Nerolac Paints Q4 (Consolidated YoY)
Profit falls 6.5% to Rs 108.5 crore Vs Rs 116 crore
Revenue rises 2.7% to Rs 1,816.7 crore Vs Rs 1,769.4 crore
Board recommends dividend of Rs 3.75 per share
Stocks to Watch
The company has signed a Memorandum of Understanding (MoU) with IREL (India) to cooperate and collaborate on the development (mining, excavation, refining, etc.) of mutually agreed assets of critical minerals, including rare earth elements (REE), by acquiring assets or sourcing raw materials domestically or internationally. Additionally, the company’s subsidiary has signed a Power Purchase Agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for its 810 MW Solar Power Project at Pugal Solar Park, Rajasthan.
The Board has approved the acquisition of 31.66 lakh equity shares of Shriram Overseas Investments for Rs 50.11 crore (at Rs 158.28 per share) from Shriram Investments Holdings (SIHPL).
C.S. Muralidharan will superannuate as EVP – Finance & Accounts and Chief Financial Officer of the company, effective July 1, 2025. The Board has appointed Jayashree Satagopan as the Chief Financial Officer, effective the same date.
Life Insurance Corporation of India
Bella Paul, Chief In-Charge, Board & Secretarial, has voluntarily retired from the services of the Corporation, effective May 6.
The Prestige City, Indirapuram, has achieved sales of over Rs 3,000 crore across 1,200 units within a week of its launch.
The Board has approved the appointment of Sumit Zaveri as the Interim Chief Financial Officer of the company, effective May 6. Sumit Zaveri is currently serving as the company’s Group Chief Financial Officer and Chief Business Officer.
Gujarat Mineral Development Corporation (GMDC)
GMDC has signed a Long-Term Supply Agreement (LSA) with City Gold Pipes (a consortium of Goldcrest Cement and Kailash Darshan Housing Development (Gujarat)) for the supply of 150 million tons of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat, Gujarat.
The company has signed a Joint Venture Agreement with West Coast Oils LLP to establish a joint venture company for the manufacturing and trading of specialty bitumen products and other allied commodities.
Bulk Deals
Capri Global Holdings has sold 6.5 lakh shares in the company at an average price of Rs 338.61 per share.
India Max Investment Fund has offloaded 1.68 lakh shares in the company at an average price of Rs 146.9 per share.
Aegis Investment Fund has acquired 1.5 lakh shares in the company at an average price of Rs 65.27 per share.
SME Listing on May 7
Arunaya Organics
Stock Trades Ex-Date for Rights
Avantel
Stock Trades Ex-Date for Split
Info Edge (India)
Stocks Trade Ex-Dividend
CRISIL
Sundram Fasteners
Varun Beverages
Stocks in F&O ban
Central Depository Services
Manappuram Finance
RBL Bank
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