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

Tata Steel, UPL, Ather Energy, Bajaj Electricals, Happiest Minds Technologies, CARE Ratings, Chalet Hotels, JM Financial, Jyothy Labs, Krishna Institute of Medical Sciences, Krsnaa Diagnostics, Prudent Corporate Advisory Services, PVR Inox, Raymond, SRF, Vijaya Diagnostic Centre, and Zaggle Prepaid Ocean Services will release their March quarter earnings on May 12.

Quarterly Earnings

Swiggy Q4 (Consolidated YoY)

Loss widens to Rs 1,081.2 crore Vs loss of Rs 554.8 crore

Revenue surges 44.8% to Rs 4,410 crore Vs Rs 3,045.5 crore

Platform gross order value (B2C GOV) rises 40% to Rs 12,888 crore

Consolidated adjusted EBITDA loss increases to Rs 732 crore due to significant growth investments in quick-commerce

Bank of India Q4 (Standalone YoY)

Profit surges 82.5% to Rs 2,625.9 crore Vs Rs 1,438.9 crore

Net interest income grows 2.1% to Rs 6,062.7 crore Vs Rs 5,935.9 crore

Provisions and contingencies fall 26.7% to Rs 1,337.7 crore Vs Rs 1,826 crore

Gross NPA drops to 3.27% Vs 3.69% (QoQ)

Net NPA declines to 0.82% Vs 0.85% (QoQ)

Dr Reddy's Laboratories Q4 (Consolidated YoY)

Profit zooms 22% to Rs 1,594 crore Vs Rs 1,307 crore

Revenue jumps 20.1% to Rs 8,506 crore Vs Rs 7,083 crore

Board recommends final dividend of Rs 8 per share

Navin Fluorine International Q4 (Consolidated YoY)

Profit soars 35% to Rs 95 crore Vs Rs 70.4 crore

Revenue grows 16.4% to Rs 701 crore Vs Rs 602 crore

Board recommends final dividend of Rs 7 per share.

Manappuram Finance Q4 (Consolidated YoY)

Loss stands at Rs 203.2 crore Vs profit of Rs 563.5 crore

Net interest income drops 6.7% to Rs 1,464.4 crore Vs Rs 1,569 crore

Impairment on financial instruments spike 389.4% to Rs 919.2 crore Vs Rs 187.8 crore

ABB India Q1CY25 (YoY)

Profit grows 3.3% to Rs 474.6 crore Vs Rs 459.3 crore

Revenue increases 2.6% to Rs 3,159.6 crore Vs Rs 3,080.4 crore

Orders rise to Rs 3,751 crore Vs Rs 3,607 crore

Order backlog jumps to Rs 9,958 crore Vs Rs 8,935 crore

Thermax Q4 (Consolidated YoY)

Profit grows 8.1% to Rs 205.7 crore Vs Rs 190.3 crore

Revenue jumps 11.6% to Rs 3,084.9 crore Vs Rs 2,763.7 crore

Board recommends dividend of Rs 14 per share

Birla Corporation Q4 (Consolidated YoY)

Profit zooms 32.7% to Rs 256.6 crore Vs Rs 193.3 crore

Revenue rises 6% to Rs 2,814.9 crore Vs Rs 2,654.4 crore

Board recommends dividend of Rs 10 per share

Board approves setting up of greenfield cement grinding unit with capacity of 2.80 million tons per annum at Gaya, Bihar

Great Eastern Shipping Company Q4 (Consolidated YoY)

Profit sinks 60% to Rs 363.1 crore Vs Rs 905.1 crore

Revenue falls 18.3% to Rs 1,223 crore Vs Rs 1,497.3 crore

Board declares interim dividend of Rs 5.40 per share

Reliance Power Q4 (Consolidated YoY)

Profit stands at Rs 125.6 crore Vs loss of Rs 397.6 crore

Revenue declines 0.9% to Rs 1,978 crore Vs Rs 1,996.7 crore

Electrosteel Castings Q4 (Consolidated YoY)

Profit drops 25.9% to Rs 168.3 crore Vs Rs 227.1 crore

Revenue slips 15.1% to Rs 1,700.7 crore Vs Rs 2,004.3 crore

Atul Auto Q4 (Consolidated YoY)

Profit zooms 34.1% to Rs 7.2 crore Vs Rs 5.3 crore

Revenue jumps 31.7% to Rs 211 crore Vs Rs 160.1 crore

Mangalam Cement Q4 (YoY)

Profit declines 2.1% to Rs 16.9 crore Vs Rs 17.3 crore

Revenue rises 15% to Rs 502.9 crore Vs Rs 437.3 crore

Borosil Renewables Q4 (Consolidated YoY)

Loss narrows to Rs 20 crore Vs loss of Rs 48.07 crore

Revenue grows 31.9% to Rs 373.5 crore Vs Rs 283.2 crore

Apollo Pipes Q4 (Consolidated YoY)

Profit zooms 45.5% to Rs 9.8 crore Vs Rs 6.7 crore

Revenue jumps 23.2% to Rs 314.8 crore Vs Rs 255.6 crore

Other income soars to Rs 3.4 crore Vs Rs 0.3 crore

Tax expenses drop to Rs 3.3 crore Vs Rs 8.9 crore

Grindwell Norton Q4 (Consolidated YoY)

Profit rises 0.2% to Rs 92.8 crore Vs Rs 92.7 crore

Revenue increases 2.7% to Rs 705.9 crore Vs Rs 687.4 crore

Board recommends dividend of Rs 17 per equity share

Hari Singudasu resigns as Chief Financial Officer

Board appoints Prakash Sabarad as Chief Financial Officer

Stocks to Watch

Yes Bank

Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in Yes Bank for Rs 13,482 crore at a price of Rs 21.50 per share from multiple banks. As per the share purchase agreement, SMBC will purchase a 13.19% stake from SBI, and the remaining 6.81% stake from HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank.

Puravankara

The company has announced a joint venture with KVN Property Holdings LLP to develop a 24.59-acre land parcel in North Bengaluru. The estimated gross development value (GDV) of the project exceeds Rs 3,300 crore. Additionally, Mallanna Sasalu has been appointed CEO–South, effective May 9. Abhishek Kapoor has resigned as Executive Director and Group CEO, also effective May 9.

Cyient DLM

Anthony Montalbano has resigned as the Chief Executive Officer of the company, effective May 8.

NTPC Green Energy

The Board has approved Sarit Maheshwari's appointment as the company's Chief Executive Officer, and the cessation of Rajiv Gupta as Chief Executive Officer, both effective May 10.

Bulk Deals

Angel One

BOFA Securities Europe SA has acquired a 1.68% stake in the company at an average price of Rs 2,293.21 per share. Meanwhile, Oxbow Master Fund, owned by Hong Kong-based investment advisor Oxbow Capital Management (HK), has sold a 1.68% stake at an average price of Rs 2,293.20 per share.

Nuvama Wealth Management

BOFA Securities Europe SA bought 2.59 lakh shares at an average price of Rs 5,930.43 per share. Oxbow Master Fund offloaded 2,60,414 shares at an average price of Rs 5,930.40 per share.

Block Deals

Mankind Pharma

Goldman Sachs (Singapore) Pte—ODI bought 55,000 shares of Mankind Pharma from Copthall Mauritius Investment at an average price of Rs 2,434.10 per share.

Stocks in F&O ban

Central Depository Services

Manappuram Finance

RBL Bank