Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
Marico, Godrej Properties, Archean Chemical Industries, Aether Industries, City Union Bank, Gravita India, Indian Overseas Bank, Jindal Saw, Latent View Analytics, Parag Milk Foods, PNB Gilts, R R Kabel, Sanofi Consumer Healthcare India, Subex, Sunteck Realty, Tatva Chintan Pharma Chem, and V-Mart Retail will release quarterly earnings on May 2.
State Bank of India, Kotak Mahindra Bank, Avenue Supermarts, Indian Bank, Utkarsh Small Finance Bank, Voltamp Transformers, and Netweb Technologies India will announce their quarterly earnings on May 3
Adani Enterprises Q4 (Consolidated YoY)
Profit zooms 8.5-fold to Rs 3,844.9 crore Vs Rs 450.6 crore
Revenue declines 7.6% to Rs 26,965.9 crore Vs Rs 29,180 crore
Exceptional gain stands at Rs 3,945.7 crore Vs exceptional loss of Rs 627.4 crore
Board approves raising funds up to Rs 15,000 crore via QIP, preferential issue, or any other method
Adani Ports and Special Economic Zone Q4 (Consolidated YoY)
Profit jumps 47.8% to Rs 3,014.2 crore Vs Rs 2,039.7 crore
Revenue grows 23.1% to Rs 8,488.4 crore Vs Rs 6,896.5 crore
Board recommends dividend Rs 7 per share
Indus Towers Q4 (Consolidated YoY)
Profit drops 4% to Rs 1,779.1 crore Vs Rs 1,853.1 crore
Revenue rises 7.4% to Rs 7,727.1 crore Vs Rs 7,193.2 crore
Jindal Steel & Power (JSPL) Q4 (Consolidated YoY)
Loss stands at Rs 303.6 crore Vs profit of Rs 933.5 crore
Revenue declines 2.3% to Rs 13,183.1 crore Vs Rs 13,487 crore
Exceptional loss stands at Rs 1,229.5 crore Vs Nil
Eternal (formerly Zomato) Q4 (Consolidated YoY)
Profit tanks 77.7% to Rs 39 crore Vs Rs 175 crore
Revenue soars 63.8% to Rs 5,833 crore Vs Rs 3,562 crore
Nuvoco Vistas Corporation Q4 (Consolidated YoY)
Profit zooms 65% to Rs 165.5 crore Vs Rs 100.4 crore
Revenue increases 3.7% to Rs 3,042.3 crore Vs Rs 2,933.4 crore
Home First Finance Company India Q4 (YoY)
Profit grows 25.4% to Rs 104.7 crore Vs Rs 83.5 crore
Revenue jumps 26.2% to Rs 172.6 crore Vs Rs 136.8 crore
Board recommends dividend of Rs 3.70 per share
Sundram Fasteners Q4 (Consolidated YoY)
Profit falls 6.8% to Rs 124.4 crore Vs Rs 133.6 crore
Revenue rises 4.4% to Rs 1,530.6 crore Vs Rs 1,466.5 crore
MOIL Q4 (YoY)
Profit soars 26.9% to Rs 115.7 crore Vs Rs 91.1 crore
Revenue increases 4.2% to Rs 433.4 crore Vs Rs 415.9 crore
Phoenix Mills Q4 (Consolidated YoY)
Profit drops 17.7% to Rs 268.8 crore Vs Rs 326.7 crore
Revenue slips 22.2% to Rs 1,016.3 crore Vs Rs 1,305.9 crore
Board recommends final dividend of Rs 2.50 per share
Godrej Agrovet Q4 (Consolidated YoY)
Profit surges 23.9% to Rs 70.8 crore Vs Rs 57.1 crore
Revenue falls 0.03% to Rs 2,133.6 crore Vs Rs 2,134.3 crore
Board recommends final dividend of Rs 11 per share
LG Balakrishnan Q4 (Consolidated YoY)
Profit grows 23.8% to Rs 84 crore Vs Rs 67.9 crore
Revenue increases 10.3% to Rs 669.2 crore Vs Rs 607 crore
Board recommends dividend of Rs 20 per share
JSW Infrastructure Q4 (Consolidated YoY)
Profit zooms 54.3% to Rs 509.4 crore Vs Rs 330 crore
Revenue grows 17% to Rs 1,283.2 crore Vs Rs 1,096.4 crore
Federal Bank Q4 (YoY)
Profit soars 13.7% to Rs 1,030.2 crore Vs Rs 906.3 crore
Net interest income increases 8.3% to Rs 2,377.4 crore Vs Rs 2,195.1 crore
Gross NPA ratio falls to 1.84% Vs 1.95% (QoQ)
Net NPA ratio drops to 0.44% Vs 0.49% (QoQ)
Sona BLW Precision Forgings Q4 (Consolidated YoY)
Profit rises 10.4% to Rs 164.1 crore Vs Rs 148.7 crore
Revenue declines 2.2% to Rs 864.8 crore Vs Rs 884.1 crore
Paras Defence and Space Technologies Q4 (Consolidated YoY)
Profit surges 97.8% to Rs 19.7 crore Vs Rs 9.97 crore
Revenue jumps 35.8% to Rs 108.2 crore Vs Rs 79.7 crore
Bandhan Bank Q4 (YoY)
Profit spikes nearly 6-fold to Rs 317.9 crore Vs Rs 54.6 crore
Net interest income declines 3.6% to Rs 2,755.9 crore Vs Rs 2,859.5 crore
Provisions and contingencies drops to Rs 1,260.2 crore Vs Rs 1,774.3 crore
Gross NPA ratio rises to 4.71% Vs 4.68% (QoQ)
Net NPA ratio flat at 1.28% Vs 1.28% (QoQ)
Monthly Auto Sales (April)
Maruti Suzuki India (YoY)
Total sales jump 6.96% to Rs 1.8 lakh units Vs Rs 1.68 lakh units
Domestic sales increase 4% to 1.52 lakh units Vs 1.46 lakh units
Exports zoom 26% to 27,911 units Vs Rs 22,160 units
Total production grows 6% to 1.8 lakh units Vs 1.7 lakh units
Tata Motors (YoY)
Total sales decline 6.2% to 72,753 units Vs 77,521 units
Domestic sales fall 7% to Rs 70,963 units Vs 76,399 units
Commercial vehicle sales drop 8% to 27,221 units Vs 29,538 units
Passenger vehicle sales (including EV) slip 5% to 45,532 units Vs 47,983 units
Total sales at 60,774 units
Domestic sales at 44,374 units
Exports at 16,400 Units
Escorts Kubota (YoY)
Tractor sales drop 1.2% to 8,729 units Vs 8,839 units
Domestic sales decline 4.1% to 8,148 units Vs 8,492 units
Export zooms 67.4% to 581 units Vs 347 units
Mahindra and Mahindra (Automotive YoY)
Total sales grow 19% to 84,170 units
Passenger vehicle sales increase 28% to 52,330 units Vs 41,008 units
Exports jump 82% to 3,381 units Vs 1,857 units
3-wheeler sales drop 1% to 5,470 Vs 5,504 units
Mahindra and Mahindra (Tractor YoY)
Total sales jump 8% to 40,054 units Vs 37,039 units
SML Isuzu (YoY)
Total sales grow 43.2% to 1,512 units Vs 1,056 units
Eicher Motors (YoY)
Total VECV (including EVs) sales zoom 27.3% to 6,846 units Vs 5,377 units
VECV domestic sales grow 27.7% to 6,257 units Vs 4,898 units
VECV exports increase 29.2% to 460 units Vs 356 units
Total Royal Enfield sales rise 6% to 86,559 units Vs 81,870 units
TVS Motor Company (YoY)
Total sales soar 16% to 4.44 lakh units Vs 3.84 lakh units
2-wheeler sales grow 15% to 4.30 lakh units Vs 3.75 lakh units
Electric vehicle sales zoom 59% to 27,684 units Vs 17,403 units
Exports increase 45% to 1.17 lakh units Vs 80,508 units
3-wheeler sales grow 50% to 13,566 units Vs 9,023 units
VST Tillers Tractors (YoY)
Total sales spike 94.8% to 2,320 units Vs 1,191 units
Power Tillers sales soar 117% to 2,003 units Vs 923 units
Tractors increase 52.4% to 317 units Vs 208 units
Atul Auto (YoY)
Total sales grow 2% to 1,725 units Vs 1,692 units
Stocks to Watch
Quality Investment Holdings PCC is likely to exit the company by selling its entire 10.44% stake via block deals. The floor price may be set at Rs 960 per share, reports CNBC-TV18, quoting sources.
The company's subsidiary, JSW Neo Energy, has signed a Pumped Hydro Storage Power Procurement Agreement with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage.
The digital services and consulting company has completed the acquisition of MRE Consulting, a technology and business consulting service provider.
The company has received letters of acceptance from Western Railway for the provision of Kavach across 48 stations, covering 428 km. The total value of the contract is Rs 145.83 crore.
The company has received a renovation work order worth Rs 95.66 crore from the Sushma Swaraj Institute of Foreign Service, New Delhi.
The company's subsidiary, Agra Gwalior Highway, has executed the concession agreement for a project worth Rs 4,262.78 crore with the National Highways Authority of India. The project involves the construction of the Agra-Gwalior Greenfield road.
The company's subsidiary, Zaak ePayment Services, has received the Certificate of Authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. Zaakpay is a B2B payments company that enables online businesses to accept payments seamlessly across multiple payment modes.
Pankaj Rawat has resigned as Chief Marketing Officer of the company, effective April 30, to explore career opportunities outside India.
The company has signed an agreement with Aster DM Healthcare to provide Zaggle Save, an employee expense management and benefits platform.
The company has increased its lump ore and fines prices by Rs 440 per tonne each, to Rs 6,440 per tonne and Rs 5,500 per tonne, respectively, effective May 1. Additionally, the Board has approved the designation of K Venkateswarlu, General Manager (Finance), as the Whole-Time Chief Financial Officer of the company.
The Board will meet on May 6 to consider the raising of funds up to Rs 300 crore in one or more tranches through private placement.
Pravin Raghavendra has superannuated as the Deputy Managing Director and COO of the bank, effective April 30.
The Board has approved capital raising of up to Rs 5,000 crore by issuing Basel-III compliant Tier-I and Tier-II bonds of Rs 2,500 crore each during FY26.
The company has received orders worth Rs 1,663 crore in April. Out of these, Rs 1,082 crore relates to the building division, and Rs 581 crore to the transportation division.
The Maharashtra Electricity Regulatory Commission has approved the arrangement for procurement of 125 MW of power from Dhariwal Infrastructure, a wholly-owned subsidiary of CESC.
Aditya Birla Fashion and Retail
The Board of the company's subsidiary, Aditya Birla Lifestyle Brands, has appointed Ashish Dikshit as Managing Director and Vishak Kumar as Deputy Managing Director and Chief Executive Officer. Ashish Dikshit will also continue in his current role as Managing Director of Aditya Birla Fashion and Retail.
Hitendra Mishra has resigned from the post of Chief Executive Officer (CEO) of the company due to personal reasons, effective April 30.
The company has been allocated a quantity of 55,476 kilolitres of ethanol under the Ethanol Blended Petrol Programme (EBPP) by oil marketing companies (IOC, HPCL, BPCL, and MRPL), with an estimated order value of Rs 362.85 crore for the ethanol supply year (ESY) 2024–2025.
Bulk Deals
Ace investor Ashish Chugh sold 14,717 equity shares in the company at an average price of Rs 209.55 per share.
Stocks Trade Ex-Dividend
ABB India
ACME Solar Holdings
KSB
Mold-Tek Packaging
Forbes Precision Tools and Machine Parts
Gujarat Intrux
Stock Trades Ex-Date for Rights
Alan Scott Industries
Stock Trades Ex-Date for Income Distribution RITES
Embassy Office Parks REIT
Stocks in F&O ban
RBL Bank
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