Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
UltraTech Cement, Aditya Birla Sun Life AMC, Adani Green Energy, Adani Total Gas, CSB Bank, Hexaware, IDBI Bank, IRFC, Oberoi Realty, PNB Housing Finance, TVS Motor Company, Castrol India, Central Bank of India, Fino Payments Bank, Firstsource Solutions, Go Digit General Insurance, Greenply Industries, IIFL Capital Services, Indegene, KFin Technologies, KPIT Technologies, Nippon Life India Asset Management and UCO Bank will announce their quarterly earnings on April 28.
Reliance Industries Q4 (Consolidated YoY)
Profit grows 6.4% to Rs 22,611 crore Vs Rs 21,243 crore
Revenue increases 8.8% to Rs 2,88,138 crore Vs Rs 2,64,834 crore
EBITDA rises 3.6% to Rs 48,737 crore Vs Rs 47,050 crore
EBITDA margin drops to 16.9% Vs 17.8%
Reliance becomes first Indian company to cross total equity of over Rs 10 lakh crore
Company acquires 100% equity stake in Kandla GHA Transmission from PFC Consulting for Rs 20 crore
Board recommends dividend of Rs 5.50 per share for FY25
Reliance Jio Q4 (YoY)
Profit surges 25.8% to Rs 7,023 crore Vs Rs 5,583 crore
Revenue jumps 17.8% to Rs 39,853 crore Vs Rs 33,835 crore
EBITDA soars 18.5% to Rs 17,016 crore Vs Rs 14,360 crore
EBITDA margin expands to 50.1% Vs 49.7%
Average revenue per user (ARPU) zooms 13.5% to Rs 206.20 Vs Rs 181.70
Indraprastha Gas Q4 (Standalone YoY)
Profit drops 8.8% to Rs 349.2 crore Vs Rs 382.8 crore
Revenue increases 9.8% to Rs 3,950.6 crore Vs Rs 3,596.8 crore
EBITDA falls 4.8% to Rs 497.2 crore Vs Rs 522.6 crore
EBITDA margin declines to 12.6% Vs 14.5%
IDFC First Bank Q4 (Standalone YoY)
Profit tanks 58% to Rs 304.1 crore Vs Rs 724.4 crore
Net interest income grows 9.8% to Rs 4,907.2 crore Vs Rs 4,468.9 crore
Provisions & contingencies double to Rs 1,450.5 crore Vs Rs 722.3 crore
Gross NPA falls to 1.87% Vs 1.94% (QoQ)
Net NPA rises to 0.53% Vs 0.52% (QoQ)
Sasken Technologies Q4 (Consolidated YoY)
Profit plunges 36% to Rs 11.02 crore Vs Rs 17.2 crore
Revenue soars 35.8% to Rs 148.01 crore Vs Rs 109 crore
Other income declines to Rs 9.9 crore Vs Rs 20.9 crore
Board declares final dividend of Rs 13 per share
SBFC Finance Q4 (Standalone YoY)
Profit jumps 28.6% to Rs 94.4 crore Vs Rs 73.4 crore
Net interest income grows 27.3% to Rs 242.6 crore Vs Rs 190.5 crore
Board approves raising of funds up to Rs 3,000 crore via non-convertible debentures on a private placement basis
India Cements Q4 (Standalone YoY)
Loss widens to Rs 75.7 crore Vs loss of Rs 29.3 crore
Revenue drops 3.9% to Rs 1,197.1 crore Vs Rs 1,245.4 crore
Mangalore Refinery and Petrochemicals (MRPL) Q4 (Standalone YoY)
Profit sinks 68% to Rs 363.1 crore Vs Rs 1,136.8 crore
Revenue drops 2.9% to Rs 24,595.9 crore Vs Rs 25,328.7 crore
Bhansali Engineering Polymers Q4 (Consolidated YoY)
Profit declines 2.3% to Rs 39.5 crore Vs Rs 40.4 crore
Revenue rises 7.4% to Rs 344.9 crore Vs Rs 321.2 crore
Rossari Biotech Q4 (Consolidated YoY)
Profit increases 0.9% to Rs 34.4 crore Vs Rs 34.1 crore
Revenue grows 22.6% to Rs 579.6 crore Vs Rs 472.7 crore
Zensar Technologies Q4 (Consolidated YoY)
Profit rises 1.8% to Rs 176.4 crore Vs Rs 173.3 crore
Revenue jumps 10.5% to Rs 1,358.9 crore Vs Rs 1,229.7 crore
Board recommends final dividend of Rs 11 per share
Tejas Networks Q4 (Consolidated YoY)
Loss stands at Rs 71.8 crore Vs profit of Rs 146.8 crore
Revenue zooms 43.7% to Rs 1,906.9 crore Vs Rs 1,326.9 crore
L&T Finance Q4 (Consolidated YoY)
Profit grows 14.9% to Rs 636.2 crore Vs Rs 553.9 crore
Revenue increases 3.8% to Rs 2,423.1 crore Vs Rs 2,335.2 crore
Force Motors Q4 (Consolidated YoY)
Profit spikes 210% to Rs 434.7 crore Vs Rs 140.3 crore
Revenue jumps 17.1% to Rs 2,356 crore Vs Rs 2,011.2 crore
Exceptional gains at Rs 394.6 crore Vs Nil
Board recommends dividend of Rs 40 per share for FY25
Lloyds Metals and Energy Q4 (Consolidated YoY)
Profit declines 27.1% to Rs 201.9 crore Vs Rs 276.9 crore
Revenue drops 23.2% to Rs 1,193.3 crore Vs Rs 1,554.3 crore
Poonawalla Fincorp Q4 (Consolidated YoY)
Profit sinks 81.2% to Rs 62.3 crore Vs Rs 331.7 crore
Revenue grows 11.7% to Rs 707.9 crore Vs Rs 633.9 crore
NDTV Q4 (Consolidated YoY)
Loss widens to Rs 60.9 crore Vs Rs 8.5 crore
Revenue increases 19.3% to Rs 127.05 crore Vs Rs 106.5 crore
Mahindra Holidays & Resorts India Q4 (Consolidated YoY)
Profit declines 11.3% to Rs 73.1 crore Vs Rs 82.4 crore
Revenue drops 2.7% to Rs 778.8 crore Vs Rs 800.2 crore
Tata Technologies Q4 (Consolidated YoY)
Profit soars 20.1% to Rs 188.9 crore Vs Rs 157.2 crore
Revenue dips 1.2% to Rs 1,285.7 crore Vs Rs 1,301 crore
DCB Bank Q4 (YoY)
Profit increases 13.7% to Rs 177.1 crore Vs Rs 155.7 crore
Net interest income jumps 9.9% to Rs 558 crore Vs Rs 507.5 crore
Gross NPA drops to 2.99% Vs 3.11% (QoQ)
Net NPA slips to 1.12% Vs 1.18% (QoQ)
RBL Bank Q4 (Standalone YoY)
Profit tanks 80.5% to Rs 68.7 crore Vs Rs 352.6 crore
Net interest income drops 2.3% to Rs 1,563 crore Vs Rs 1,600 crore
Provisions & contingencies spike 89.7% to Rs 785.1 crore Vs Rs 413.8 crore
Gross NPA falls to 2.60% Vs 2.92% (QoQ)
Net NPA drops to 0.29% Vs 0.53% (QoQ)
Stocks to Watch
The company has received a work order worth Rs 90.08 crore from the Institute of Road Transport.
The company's subsidiary, Biocon Biologics, announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has issued positive opinions recommending the approval of its denosumab biosimilar candidates for distinct therapeutic indications related to bone health.
The US Food and Drug Administration (USFDA) conducted a surveillance inspection at the group’s API unit in Dabhasa, Gujarat, from April 21 to 25. The inspection concluded with six observations, none of which were related to data integrity. Additionally, Zydus will acquire an 85.6% stake in France’s Amplitude Surgical SA.
The company’s subsidiary, JSW Steel Coated Products (JSWSCPL), submitted a resolution plan in the corporate insolvency resolution process of Colour Roof India on July 1, 2024. The Committee of Creditors has approved the resolution plan submitted by JSWSCPL and has declared JSWSCPL as the successful resolution applicant.
The company has signed a Memorandum of Understanding (MoU) with Container Corporation of India (CONCOR) to explore the adoption of liquefied natural gas (LNG) as an alternative fuel in the logistics sector.
Rajiv Anand will retire as Deputy Managing Director of the bank, effective August 3, 2025, upon completion of his third term as a Director on the bank’s board.
The company will invest approximately Rs 200 crore over the next two years to expand and upgrade its manufacturing capabilities and R&D. The capital expenditure will focus on enhancing capacities for cylindrical roller bearings, needle roller bearings, thrust and combination bearings, and taper roller bearings.
Bulk Deals
Goldman Sachs (Singapore) Pte - ODI acquired a 0.55% stake in the telecom operator at an average price of Rs 7.65 per share, valued at Rs 457.96 crore. Meanwhile, Nokia Solutions and Networks India sold a 0.95% stake in Vodafone Idea at the same price, amounting to Rs 785.67 crore.
Larsen & Toubro acquired 1,22,625 equity shares in the company at an average price of Rs 2,122.42 per share.
Stock Trades Ex-Dividend
HCL Technologies
Stocks Trade Ex-Date for Rights
GACM Technologies
Lloyds Engineering Works
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