Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.
Tata Steel Q4 (Consolidated YoY)
Profit surges 116.5% to Rs 1,200.9 crore Vs Rs 554.6 crore
Revenue falls 4.2% to Rs 56,218.1 crore Vs Rs 58,687.3 crore
Exceptional loss at Rs 388.6 crore Vs loss of Rs 594.5 crore
Tax expenses drop to Rs 998.81 crore Vs Rs 1,254.31 crore
Other income jumps to Rs 461 crore Vs Rs 175.9 crore
Board recommends final dividend of Rs 3.60 per share
Company to invest up to $2.5 billion in subsidiary T Steel Holdings Pte
Novelis (Hindalco subsidiary) Q4 (YoY)
Net income soars 77% to $294 million
Net income attributable to common shareholder excluding special items jumps 46% to $262 million
Net sales increase 13% to $4.6 billion
Adjusted EBITDA drops 8% to $473 million
Rolled product shipments grow 1% to 957 Kilotonnes
Adjusted EBITDA per tonne shipped falls 9% to $494
Raymond Q4 (Consolidated YoY)
Profit from continuing operations grows 101% to Rs 25.4 crore Vs Rs 12.7 crore
Revenue jumps 109.7% to Rs 557.5 crore Vs Rs 265.9 crore
Care Ratings Q4 (Consolidated YoY)
Profit zooms 76.7% to Rs 43.4 crore Vs Rs 24.6 crore
Revenue grows 21.6% to Rs 109.7 crore Vs Rs 90.1 crore
Board recommended a final dividend of Rs 11 per share
JM Financial Q4 (Standalone YoY)
Profit spikes 389.8% to Rs 134.6 crore Vs Rs 27.5 crore
Net interest income grows 31.9% to Rs 250.2 crore Vs Rs 189.7 crore
Board recommends a dividend of Rs 2.70 per share for FY25
TD Power Systems Q4 (Consolidated YoY)
Profit zooms 82.7% to Rs 53 crore Vs Rs 29 crore
Revenue jumps 31.9% to Rs 348.2 crore Vs Rs 263.9 crore
Thomas Cook Q4 (Consolidated YoY)
Profit rises 13.5% to Rs 66 crore Vs Rs 58.2 crore
Revenue grows 18.3% to Rs 1,968.9 crore Vs Rs 1,663.8 crore
Morepen Laboratories Q4 (Consolidated YoY)
Profit falls 28.2% to Rs 20.3 crore Vs Rs 28.3 crore
Revenue grows 10.1% to Rs 465.9 crore Vs Rs 423.1 crore
Carborundum Universal Q4 (Consolidated YoY)
Profit tanks 78.9% to Rs 30.1 crore Vs Rs 142.6 crore
Revenue rises 1.3% to Rs 1,217.1 crore Vs Rs 1,201.2 crore
Raymond Lifestyle Q4 (Consolidated YoY)
Loss stands at Rs 45 crore Vs profit of Rs 235.6 crore
Revenue drops 11.3% to Rs 1,494.2 crore Vs Rs 1,684.6 crore
Zaggle Prepaid Ocean Services Q4 (Consolidated YoY)
Profit zooms 62.5% to Rs 31.1 crore Vs Rs 19.2 crore
Revenue soars 50.8% to Rs 412.1 crore Vs Rs 273.4 crore
Stocks to Watch
Antfin, an affiliate company of the Chinese conglomerate Alibaba Group, is likely to sell up to a 4% stake in One 97 Communications via block deals, reports CNBC-TV18 quoting sources. The offer size is expected to be Rs 2,066 crore, with a floor price of Rs 809.75 per share.
General Atlantic Singapore Fund Pte is likely to sell a 6.9% equity stake (equivalent to 1.18 crore equity shares) in Kfin via block deals, reports CNBC-TV18 quoting sources. The offer size may be around Rs 1,209.5 crore, with a floor price of Rs 1,025 per share.
The company has received closure orders from the Telangana Pollution Control Board in Hyderabad, instructing it to stop all industrial activities with immediate effect at its factory in Yadadri-Bhuvanagiri, Telangana. The accident occurred at the factory on April 29, 2025.
Promoter Purnima Desai will sell up to a 6.77% equity stake in the company (equivalent to 89.79 lakh shares) via an offer-for-sale (OFS) on May 13 and May 14. The OFS will open for non-retail investors on May 13 and for retail investors on May 14. The floor price for the offer is set at Rs 700 per share.
The pharmaceuticals and wellness company will invest $90 million towards expanding two of its facilities in the United States—Michigan and Kentucky facilities.
Cochin Shipyard announced a collaboration with Drydocks World, a DP World company, to boost India’s ship repair and offshore fabrication capabilities.
Allied Blenders and Distillers
The Board will consider the proposal for fund raising via equity shares or securities on May 15.
Anmol Singh Jaggi has resigned as Managing Director, and Puneet Singh Jaggi as Whole-time Director of the company, effective May 12.
Bulk deals
Tata Mutual Fund acquired a 2.81% stake in the company at an average price of Rs 1,990 per share. However, the promoter entity Srinivasan Trust exited the company by selling its personal shareholding of 2.81% at an average price of Rs 1,990.09 per share.
Morgan Stanley Asia Singapore Pte acquired a 0.54% stake in the company at an average price of Rs 193 per share. However, 360 ONE Special Opportunities Fund - Series 2 sold a 2.2% stake at an average price of Rs 194.64 per share.
Block Deals
Motilal Oswal Financial Services
Citigroup Global Markets Mauritius bought 2.03 lakh shares in the company at an average price of Rs 679.5 per share, from Morgan Stanley Asia Singapore Pte.
Promoter Dasari Uday Kumar Reddy acquired a 1.38% stake in the company at an average price of Rs 470.15 per share, from American Funds Insurance Series Global Small Capitalization Fund and Smallcap World Fund Inc.
Stocks Trade Ex-Dividend
Godrej Consumer Products
IFGL Refractories
Stock Trades Ex-Date for Income Distribution (InvIT)
IRB InvIT Fund
Stock Trades Ex-Date for Rights
Yamini Investments Company
Stocks in F&O ban
Central Depository Services
Manappuram Finance
Stocks removed from F&O ban
RBL Bank
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