Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Quarterly & Yearly Earnings (Provisional Updates)
Dabur Q4 (YoY)
Organised trade including Modern trade, E-commerce and Quick commerce maintained their growth momentum
General trade continued to be under pressure
FMCG volume trends continued to be subdued
Key international markets, including MENA region, Egypt, Bangladesh, likely to post strong performance
International business to report robust double-digit growth in constant currency terms
India foods business comprising 'Hommade' and 'Badshah' continued to perform well, expected to post double-digit growth
Due to delayed and truncated winters and slowdown in urban markets, India FMCG business likely to decline in mid-single digits
Consolidated revenue expected to be flattish
Due to impact of inflation coupled with operating deleverage, operating profit margin to contract by around 150-175 basis points
Punjab National Bank Q4 (YoY)
Global business grows 14% to Rs 26.83 lakh crore Vs Rs 23.53 lakh crore
Domestic business increases 13.2% to Rs 25.77 lakh crore Vs Rs 22.75 lakh crore
Global deposits rise 14.3% to Rs 15.66 lakh crore Vs Rs 13.69 lakh crore
Domestic deposits up 13.3% at Rs 15.10 lakh crore Vs Rs 13.33 lakh crore
Global advances jump 13.6% to Rs 11.17 lakh crore Vs Rs 9.83 lakh crore
Domestic advances soar 13.2% to Rs 10.67 lakh crore Vs Rs 9.42 lakh crore
South Indian Bank Q4 (YoY)
Gross advances jump 9.97% to Rs 88,447 crore Vs Rs 80,426 crore
Retail deposit grows 7.44% to Rs 1.05 lakh crore Vs Rs 97,743 crore
Total deposit increases 5.5% to Rs 1.07 lakh crore Vs Rs 1.01 lakh crore
CASA rises 3.17% to Rs 33,730 crore Vs Rs 32,693 crore
ESAF Small Finance Bank Q4 (YoY)
Total deposits zoom 17.16% to Rs 23,277 crore Vs Rs 19,868 crore
Term deposits grow 13.84% to Rs 17,493 crore Vs Rs 15,366 crore
Gross advances increase 1.08% to Rs 18,975 crore Vs Rs 18,772 crore
Total loan book rises 0.92% to Rs 19,839 crore Vs Rs 19,659 crore
Hindustan Zinc Q4 (YoY)
Mined metal production grows 4% to 3.1 lakh tonnes Vs 2.99 lakh tonnes
Saleable metal production falls 1% to 2.7 lakh tonnes Vs 2.73 lakh tonnes
Refined zinc production drops 3% to Rs 2.14 lakh tonnes Vs 2.2 lakh tonnes
Refined lead production increases 6% to 56,000 tonnes Vs 53,000 tonnes
Punjab & Sind Bank FY25 (YoY)
Total business zooms 11.9% to Rs 2.30 lakh crore Vs Rs 2.05 lakh crore
Total deposits grow 8.68% to Rs 1.30 lakh crore Vs Rs 1.19 lakh crore
CASA deposits increase 5.39% to Rs 40,796 crore Vs Rs 38,708 crore
Gross advances jump 16.39% to Rs 1 lakh crore Vs Rs 85,964 crore
Central Bank of India FY25 (YoY)
Total business soar 10.75% to Rs 7.05 lakh crore Vs Rs 6.37 lakh crore
Total deposits grow 7.18% to Rs 4.13 lakh crore Vs Rs 3.85 lakh crore
Gross advances zoom 16.20% to Rs 2.92 lakh crore Vs Rs 2.51 lakh crore
MOIL FY25 (YoY)
Manganese ore production rises 2.7% to 18.02 lakh tonnes
Manganese ore sales up 3.3% at 15.87 lakh tonnes
Record ferro manganese production grows 18% to 12,000 MT
Exploratory core drilling zooms 22% to 1,07,530 meters
Stocks to Watch
The country's largest car maker has planned to increase car prices across 7 models, effective April 8, due to rising input costs, operational expenses, regulatory changes, and feature additions.
The Securities and Exchange Board of India has issued an administrative warning letter to the bank, alleging certain non-compliances in relation to custodian activities being carried out by the bank.
The company has signed a contract with the Indian Air Force valued at Rs 593.22 crore for providing maintenance services for the Akash Missile System, which was supplied by the company.
The company has received an order worth Rs 270 crore from the Indian Navy for the design and development of a medium-speed marine diesel engine of 6MW capacity under the Make-I scheme.
The company sold its remaining shareholding (of 1.63 crore equity shares) in PNB MetLife India Insurance Company for Rs 134.4 crore.
The company has received a Letter of Intent for a purchase order worth over Rs 300 crore involving a job of 30,000 MT from a new customer. The order involves design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems.
The company has received a Letter of Acceptance and Letter of Intent (LOA/LOI) amounting to Rs 414 crore for infrastructure works from government departments in Uttarakhand and Uttar Pradesh.
The company is the preferred partner for the redevelopment of two residential societies in the Lokhandwala Complex, Andheri West, Mumbai, with a project value of Rs 1,200 crore.
The company has received purchase orders worth Rs 38.2 crore from NTPC for the supply of generator parts for the Talcher site.
Authum Investment & Infrastructure
The company has emerged as the successful resolution applicant for the acquisition of Vas Infrastructure for Rs 86.04 crore due to the Resolution Plan submitted by the company.
The company's subsidiary, Lupin Healthcare (UK), has entered into a definitive agreement and acquired the entire share capital of Renascience Pharma, United Kingdom, for GBP 12.3 million.
The company laid the foundation stone of the first Reliance Compressed Bio-Gas (CBG) plant at Kanigiri, Andhra Pradesh. The project is being developed with a capital investment of Rs 139 crore and is the first in a series of 500 projects involving a total capital outlay of Rs 65,000 crore for Andhra Pradesh.
Amit Singh has resigned as Chief People Officer (Function Head) of the company due to personal reasons, effective May 30. Satish Kumar Singh, Function Head, will take charge as the Chief People Officer of the company, effective May 31.
The Board members of Caplin Point Far East, Hong Kong, a material subsidiary of the company, approved the investment in Neoethicals Chile SpA through the purchase of all its shares.
Shalender Singh Birla has resigned as Chief Executive Officer (Operations) – Aluminium Lightweighting Precision Solutions (ALPS), and Cable division of the company, effective April 7.
The Board has approved the setting up of a manufacturing unit for vacuum-insulated stainless-steel flasks, bottles, and containers in Rajasthan through the company’s wholly owned subsidiary, Stylenest India. The estimated capex is Rs 40 crore.
The Board of TC Netherlands approved a proposal for the repurchase of issued share capital of TC Netherlands of 16.718 million euros held by Tata Communications International Pte (TC Singapore), a direct wholly-owned subsidiary of the company. After the share buyback, TC Netherlands would become a direct wholly-owned subsidiary of the company.
The government has appointed H Shankar as Managing Director of the company, effective April 2. At the time of appointment, H Shankar was Director (Technical) of the company and was also holding additional charge of Managing Director.
The company has executed an agreement with Corporacion Nacional Del Cobre De Chile (CODELCO) for cooperation and exchange of information. The main objective of this agreement is to implement joint activities in exploration and exploitation of mining properties and mineral beneficiation through sharing experience and knowledge.
The company emerged as the successful bidder for the Fortis Marks (Fortis’ trademarks and allied marks). The Delhi High Court has confirmed the sale of the Fortis Marks and all attendant rights and liabilities in favour of the company pursuant to the public auction process.
The company has entered into a one-time settlement with the non-assignee lenders, covering 6.27% of the 14.56% of non-assignee lenders.
Dayashankar Patel has resigned from the position of Chief Financial Officer of the company due to personal reasons, effective April 15.
The company's subsidiary, Ecuhold NV, has acquired an additional 10% stake in Ecu Worldwide (Japan), effective from March 31, for $0.22 million. Post-acquisition, Ecuhold NV holds a 100% stake in Ecu Worldwide (Japan).
The Board has approved the change in the name of the company from Dhampur Bio Organics to Divija Bio Organics, subject to the approval of shareholders.
Bulk Deals
PG Foils acquired 5.76 lakh shares in the company, Genesis Grand General Trading LLC bought 2.16 lakh shares, and Varada Trading bought 3.6 lakh shares at an average price of Rs 140 per share. However, Vbcube Ventures Fund sold 1.32 lakh shares at the same price.
Aegis Investment Fund bought an additional 2.7 lakh shares in the company at an average price of Rs 499.94 per share. However, Ashish Pannalal Nanda exited the company by selling 2.7 lakh shares at an average price of Rs 499.86 per share.
SME Listing on April 3
Identixweb
Stock Trades Ex-Dividend
United Spirits
Stock Trades Ex-Bonus
Sal Automotive
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