Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and order wins, here’s a quick look at which stocks will be in focus in today's trade:
LIC Housing Finance, PB Fintech, Abbott India, Allied Blenders and Distillers, Balrampur Chini Mills, CESC, Crompton Greaves Consumer Electricals, Endurance Technologies, Gujarat Mineral Development Corporation, Godfrey Phillips India, Godrej Industries, G R Infraprojects, INOX India, ITC Hotels, JSW Energy, Kaynes Technology India, Medi Assist Healthcare Services, NCC, Patanjali Foods, Tube Investments of India, Websol Energy System, and Welspun Enterprises will announce their March quarter earnings on May 15.
Eicher Motors Q4 (Consolidated YoY)
Profit grows 27.3% to Rs 1,362.2 crore Vs Rs 1,070.5 crore
Revenue increases 23.1% to Rs 5,241.1 crore Vs Rs 4,256 crore
Board recommends final dividend of Rs 70 per equity share for FY25
Lupin Q4 (Consolidated YoY)
Profit jumps 112.5% to Rs 782.4 crore Vs Rs 368.2 crore
Revenue rises 14.2% to Rs 5,667.1 crore Vs Rs 4,960.8 crore
EBITDA grows 32.5% to Rs 1,321.2 crore Vs Rs 996.9 crore
EBITDA margin expands to 23.3% Vs 20%
Board recommends final dividend of Rs 12 per share for FY25
Apollo Tyres Q4 (Consolidated YoY)
Profit tanks 47.9% to Rs 184.6 crore Vs Rs 354 crore
Revenue rises 2.6% to Rs 6,423.6 crore Vs Rs 6,258.2 crore
Exceptional loss stands at Rs 118.8 crore Vs Rs 36.8 crore
Board recommends dividend of Rs 5 per share
Vascon Engineers Q4 (Consolidated YoY)
Profit surges 106.7% to Rs 34.8 crore Vs Rs 16.8 crore
Revenue soars 65.8% to Rs 387 crore Vs Rs 233.5 crore
Company to sell 5% stake in Ascent Hotels to Samhi Hotels for Rs 45 crore
Hitachi Energy Q4 (YoY)
Profit zooms 61.8% to Rs 183.9 crore Vs Rs 113.7 crore
Revenue increases 11.1% to Rs 1,883.7 crore Vs Rs 1,695.3 crore
Board recommends final dividend of Rs 6 per share
Muthoot Finance Q4 (Standalone YoY)
Profit grows 42.7% to Rs 1,507.8 crore Vs Rs 1,056.3 crore
Net interest income jumps 36% to Rs 2,903.9 crore Vs Rs 2,134.8 crore
Tata Power Company Q4 (Consolidated YoY)
Profit soars 24.9% to Rs 1,306 crore Vs Rs 1,045.6 crore
Revenue increases 7.9% to Rs 17,095.9 crore Vs Rs 15,846.6 crore
Board recommends final dividend of Rs 2.25 per share
Karnataka Bank Q4 (Standalone YoY)
Profit falls 8% to Rs 252.4 crore Vs Rs 274.2 crore
Revenue declines 6.4% to Rs 780.7 crore Vs Rs 834 crore
Gross NPA drops to 3.08% Vs 3.11% (QoQ)
Net NPA slips to 1.31% Vs 1.39% (QoQ)
Jubilant Foodworks Q4 (Standalone YoY)
Profit spikes 93% to Rs 49.5 crore Vs Rs 25.6 crore
Revenue soars 19.1% to Rs 1,587.2 crore Vs Rs 1,332.3 crore
Brigade Enterprises Q4 (Consolidated YoY)
Profit soars 19.8% to Rs 246.8 crore Vs Rs 206.1 crore
Revenue falls 14.2% to Rs 1,460.4 crore Vs Rs 1,702.4 crore
Board recommends final dividend of Rs 2.50 per share
Torrent Power Q4 (Consolidated YoY)
Profit zooms 146.3% to Rs 1,059.6 crore Vs Rs 430.2 crore
Revenue declines 1.1% to Rs 6,456.3 crore Vs Rs 6,528.6 crore
Tax writeback at Rs 457.9 crore Vs tax expenses at Rs 170.3 crore
Board recommends final dividend of Rs 5 per share
Board approves raising of funds via issuance of non-convertible debentures upto Rs 3,000 crore in one or more tranches
Le Travenues Technology (Ixigo) Q4 (Consolidated YoY)
Profit spikes 85.8% to Rs 16.7 crore Vs Rs 9 crore
Revenue zooms 72.4% to Rs 284.1 crore Vs Rs 164.9 crore
Dollar Industries Q4 (Consolidated YoY)
Profit drops 11.1% to Rs 29.9 crore Vs Rs 33.6 crore
Revenue grows 9.8% to Rs 549.1 crore Vs Rs 500 crore
Piramal Pharma Q4 (Consolidated YoY)
Profit jumps 51.6% to Rs 153.5 crore Vs Rs 101.3 crore
Revenue rises 7.9% to Rs 2,754 crore Vs Rs 2,552.4 crore
Tilaknagar Industries Q4 (Consolidated YoY)
Profit soars 145.9% to Rs 77.3 crore Vs Rs 31.5 crore
Revenue grows 13.1% to Rs 405.8 crore Vs Rs 358.8 crore
Exceptional item at Nil Vs exceptional loss at Rs 8.07 crore
JB Chemicals and Pharmaceuticals Q4 (Consolidated YoY)
Profit rises 15.5% to Rs 145.7 crore Vs Rs 126.2 crore
Revenue increases 10.2% to Rs 949.5 crore Vs Rs 861.7 crore
Sanofi India Q1 (YoY)
Profit surges 66% to Rs 119.5 crore Vs Rs 72 crore
Revenue rises 4.9% to Rs 535.9 crore Vs Rs 510.8 crore
eClerx Services Q4 (Consolidated YoY)
Profit increases 17.4% to Rs 152.5 crore Vs Rs 129.9 crore
Revenue jumps 17.2% to Rs 898.3 crore Vs Rs 766.5 crore
Hikal Q4 (Consolidated YoY)
Profit soars 48% to Rs 50.2 crore Vs Rs 33.9 crore
Revenue rises 7.4% to Rs 552.4 crore Vs Rs 514.1 crore
Stocks to Watch
Parent company Wendt GmbH, Germany, will be selling up to 37.5% stake (including a green shoe option of 7.5%) in the company via an offer-for-sale (OFS) on May 15–16. The floor price has been fixed at Rs 6,500 per share. The OFS will open for non-retail investors on May 15 and for retail investors on May 16.
The IT services company has completed its stake sale in the Infosys-led joint venture in Japan, HIPUS, to Mitsubishi Heavy Industries.
The company has received an observation letter with “no adverse observations” from BSE and NSE, concerning its Scheme of Arrangement with Kwality Wall’s India.
The company's UK-based subsidiary, Relonchem, has received marketing authorization for Gabapentin 50 mg/ml oral solution from the UK Medicines and Healthcare Products Regulatory Agency.
Kalpataru Projects International
The company has secured new orders worth Rs 2,372 crore in the power transmission and distribution, as well as buildings and factories businesses.
Hindustan Oil Exploration Company
The company has announced the successful drilling and completion of Well KSG-71 in the Kharsang block, where the initial plan is to drill nine development wells. Well KSG-71 will be hooked up for production immediately, with optimum choke, after the completion of well testing.
The Bengaluru-based real estate company has acquired a 5.41-acre land parcel in Chennai for the development of a premium residential project. The project has a total development potential of 0.8 million square feet and a gross development value of approximately Rs 1,600 crore. The transaction value of the acquisition is Rs 441.70 crore.
Genesys International Corporation
The company launched its Qualified Institutions Placement (QIP) issue on May 14, with the floor price set at Rs 665.60 per share.
The technology services and consulting company has announced a digital transformation partnership with Hachette UK (HUK), a leading UK-based publishing group. Wipro will assist in modernizing Hachette UK’s IT infrastructure through the implementation of SAP S/4HANA.
Subsidiary Shilpa Pharma Lifesciences' Unit-1 has received an Establishment Inspection Report (EIR) from the US FDA. The site has been classified as Voluntary Action Indicated (VAI) following an inspection conducted between March 3 and March 7.
The Board has approved the appointment of Bhavesh Chheda as Chief Financial Officer, effective May 14, and the re-appointment of Sanjay Kirloskar as Managing Director, for a term starting November 19, 2025, through March 21, 2027.
The Board will meet on May 20 to consider long-term fund raising of up to $3 billion through a public offer or private placement of senior unsecured notes in US dollars or other major foreign currencies, in single or multiple tranches, during FY26.
Moody’s Ratings has stated that Sumitomo Mitsui Banking Corporation’s (SMBC) planned acquisition of a 20% stake in Yes Bank is credit positive, bringing in a long-term strategic partner with a strong balance sheet and the capacity to support Yes Bank’s growth.
The Indian Renewable Energy Development Agency (IREDA) has filed a bankruptcy application against Gensol Engineering. Gensol owes Rs 510 crore (approximately $59.73 million) to IREDA.
Deepal Shah has resigned as Chief Financial Officer, effective May 16. The Board has approved the appointment of Ravi Jakhar, currently the Chief Strategy Officer, as the new Chief Financial Officer, effective May 19. He will be re-designated as Director – Strategy & Group CFO.
Bulk Deals
Miri Strategic Emerging Markets Fund LP acquired a 1.17% stake at an average price of Rs 88.55 per share, while CLSA Global Markets Pte Ltd-ODI sold a 1.19% stake at the same price.
Block Deals
Citigroup Global Markets Mauritius acquired 2,12,700 equity shares at an average price of Rs 1,464.5 per share, from Morgan Stanley Asia Singapore Pte.
Citigroup Global Markets Mauritius bought 2,58,242 equity shares at an average price of Rs 1,172 per share, also from Morgan Stanley Asia Singapore Pte.
SBI Mutual Fund acquired 2.1 lakh shares at an average price of Rs 4,287 per share, from promoter Vishad Padmanabh Mafatlal.
Citigroup Global Markets Mauritius bought 60,398 equity shares at an average price of Rs 2,690.1 per share, from Morgan Stanley Asia Singapore Pte.
Stocks Trade Ex-Dividend
BEML
Great Eastern Shipping Company
Manappuram Finance
Stock Trades Ex-Date for Rights
Indra Industries
Stocks in F&O ban
Central Depository Services
Hindustan Copper
Manappuram Finance
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