Oops
09 May , 2025 By : Debdeep Gupta
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
Dr Reddy's Laboratories, ABB India, Swiggy, Bank of India, Manappuram Finance, Birla Corporation, Cera Sanitaryware, Cholamandalam Financial Holdings, Great Eastern Shipping Company, India Shelter Finance Corporation, Jupiter Life Line Hospitals, CE Info Systems, Motherson Sumi Wiring India, Navin Fluorine International, Novartis India, PTC India Financial Services, and Thermax will release their quarterly earnings on May 9.
Results on May 10
Apollo Pipes, Atul Auto, Borosil Renewables, Mangalam Cement, Meghmani Organics, Seshasayee Paper and Boards, and Triveni Turbine will announce their quarterly earnings on May 10.
Quarterly Earnings
Larsen & Toubro Q4 (Consolidated YoY)
Profit jumps 25% to Rs 5,497 crore Vs Rs 4,396 crore
Revenue increases 11% to Rs 74,392 crore Vs Rs 67,078 crore
EBITDA grows 13% to Rs 8,203 crore Vs Rs 7,234 crore
Margin expands to 11% Vs 10.8%
Board recommends final dividend of Rs 34 per share
L&T FY26 Guidance
Revenue growth seen at 15%
Core margins guidance seen at 8.5% Vs 8.3% in FY25
Order inflow growth seen at 10%
Britannia Industries Q4 (Consolidated YoY)
Profit rises 4.2% to Rs 559.1 crore Vs Rs 536.6 crore
Revenue grows 8.9% to Rs 4,432.2 crore Vs Rs 4,069.4
Board recommends final dividend of Rs 75 per share
Titan Company Q4 (Standalone YoY)
Profit soars 10.7% to Rs 870 crore Vs Rs 786 crore
Revenue increases 19.7% to Rs 13,477 crore Vs Rs 11,257 crore
EBITDA spikes 29.7% to Rs 1,438 crore Vs Rs 1,109 crore
Margin expands to 10.7% Vs 9.9%
Board recommends dividend of Rs 11 per share
Union Bank of India Q4 (Standalone YoY)
Profit zooms 50.6% to Rs 4,984.9 crore Vs Rs 3,310.6 crore
Net interest income rises 0.8% to Rs 9,514 crore Vs Rs 9,436.6 crore
Provisions and contingencies jump to Rs 1,543.9 crore Vs Rs 1,259.6 crore
Gross NPA drops to 3.60% Vs 3.85% (QoQ)
Net NPA declines to 0.63% Vs 0.82% (QoQ)
Dilip Buildcon Q4 (Consolidated YoY)
Profit spikes 32-fold to Rs 170.8 crore Vs Rs 5.3 crore
Revenue drops 8% to Rs 3,096.1 crore Vs Rs 3,365.6 crore
Exceptional gain of Rs 36 crore Vs Rs 98.6 crore
MCX India Q4 (Consolidated YoY)
Profit soars 54.2% to Rs 135.5 crore Vs Rs 87.9 crore
Revenue jumps 60.8% to Rs 291.3 crore Vs Rs 181.1 crore
Board recommends final dividend of Rs 30 per share
Biocon Q4 (Consolidated YoY)
Profit grows 154.2% to Rs 344.5 crore Vs Rs 135.5 crore
Revenue increases 12.8% to Rs 4,417 crore Vs Rs 3,917.1 crore
IIFL Finance Q4 (Standalone YoY)
Profit tanks 76.7% to Rs 38.4 crore Vs Rs 165 crore
Net interest income falls 40.1% to Rs 546.7 crore Vs Rs 913 crore
Pidilite Industries Q4 (Consolidated YoY)
Profit jumps 40.5% to Rs 427.5 crore Vs Rs 304.3 crore
Revenue grows 8.2% to Rs 3,141.1 crore Vs Rs 2,901.9 crore
Board recommends dividend of Rs 20 per share
Chambal Fertilisers and Chemicals Q4 (Consolidated YoY)
Profit zooms 34.7% to Rs 130.4 crore Vs Rs 96.8 crore
Revenue falls 7.4% to Rs 2,448.7 crore Vs Rs 2,643 crore
Board recommends final dividend of Rs 5 per share
Zee Entertainment Enterprises Q4 (Consolidated YoY)
Profit zooms more than 15-fold to Rs 188.6 crore Vs Rs 12.2 crore
Revenue rises 0.65% to Rs 2,184.1 crore Vs Rs 2,170 crore
Jindal Stainless Q4 (Consolidated YoY)
Profit soars 17.8% to Rs 590 crore Vs Rs 500.7 crore
Revenue increases 7.9% to Rs 10,198.3 crore Vs Rs 9,454 crore
REC Q4 (Standalone YoY)
Profit rises 5.5% to Rs 4,236.2 crore Vs Rs 4,016.3 crore
Total income grows 20% to Rs 15,174.2 crore Vs Rs 12,643.3 crore
Kalyan Jewellers Q4 (Consolidated YoY)
Profit jumps 36.3% to Rs 187.6 crore Vs Rs 137.6 crore
Revenue grows 36.6% to Rs 61,815.3 crore Vs Rs 45,250.1 crore
Stocks to Watch
Venus Pipes & Tubes
The company has received a letter of intent from one of India’s leading integrated power plant equipment manufacturers for stainless steel seamless boiler tubes used in a series of Supercritical and Subcritical Thermal Power Projects worth Rs 190 crore.
Lupin
The global pharma major has received approval from the United States Food and Drug Administration (US FDA) for its Abbreviated New Drug Application for Raltegravir tablets USP, 600 mg. Raltegravir tablets are bioequivalent to Isentress HD tablets from Merck Sharp & Dohme LLC. Lupin is the exclusive first-to-file for this product and is eligible for 180 days of generic drug exclusivity. Raltegravir tablets are indicated, in combination with other antiretroviral agents, for the treatment of human immunodeficiency virus (HIV-1) infection.
Bharat Petroleum Corporation
The company has awarded contracts for the development of 100 MW windfarm projects—50 MW each in Madhya Pradesh and Maharashtra. The Letter of Award (LOA) has been issued to Suzlon Energy for the 50 MW wind project in Madhya Pradesh and to Integrum Energy Infrastructure for the 50 MW project in Maharashtra. These projects are expected to be completed and commissioned within two years.
Mahindra and Mahindra Financial Services
The Board has approved a rights issue of 15.44 crore shares worth Rs 2,996.16 crore and fixed the issue price at Rs 194 per share. Eligible shareholders are entitled to one rights equity share for every eight shares held.
Brigade Enterprises
Brigade Group has acquired an 11-acre land parcel in Whitefield, Bengaluru. The land will be developed into a premium commercial project with a gross leasable area of approximately 1.5 million square feet and a gross development value of over Rs 2,000 crore.
One97 Communications (Paytm)
One97 Communications, the owner of the Paytm brand, its CEO Vijay Shekhar Sharma, and his brother Ajay Shekhar Sharma, have settled with the markets regulator Sebi over a case pertaining to the company's Employee Stock Options (ESOPs) by paying a total amount of Rs 2.8 crore. As part of the settlement, Vijay will not accept any fresh ESOPs from any listed company for a period of 3 years. In addition, Sebi has directed One97 Communications (OCL) to cancel the ESOPs granted to the two brothers. Accordingly, the ESOPs of 2.1 crore and 2.23 lakh granted to Vijay and Ajay, respectively, were cancelled.
SME Listing on May 9
Kenrik Industries
Stock Trades Ex-Date for Rights
Sattva Sukun Lifecare
Stocks Trade Ex-Date for Split
Navkar Urbanstructure
Shantai Industries
Stocks Trade Ex-Dividend
Bajaj Finance
Anand Rathi Wealth
Coforge
Laurus Labs
Bank of Maharashtra
Transformers and Rectifiers (India)
UCO Bank
Stock Trades Ex-Date for Income Distribution (InvIT)
Indus Infra Trust
Stocks Trade Ex-Date for Spin Off
Chembond Chemicals
CP Capital
Stocks in F&O ban
Central Depository Services
Manappuram Finance
RBL Bank
0 Comment