Stocks in News/ CORPORATE RESULTS IN BRIEF: FORCEMOTORS, NRBBEARING, KESORAM, DCBBANK, ZYDUSLIFE, RELIANCE, IREDA
AHMEDABAD, 28 APRIL:
Chambal Fertilisers: Company announced CRISIL has revised the outlook to ‘Positive’ for long-term bank loan facilities (Positive)
Shakti Pumps: Company has received Rs 122.14 Cr order for 3,511 solar pumps from Haryana Renewable Energy Dept. (Positive)
Garden Reach Shipbuilders: Company will sign a 30-year non-renewable lease agreement with Syama Prasad Mookerjee Port, Kolkata for land at Timber Pond, Howrah. (Positive)
Emerald Finance: Company partnered with PARK NEST HOTELS to offer its Early-Wage-Access program to employees. (Positive)
Alembic Pharma: Company has commissioned a new manufacturing facility located at Pithampur for manufacturing of formulations. (Positive)
Railtel: Company bags work order from the Institute of Road Transport worth ₹90 Cr (Positive)
BPCL: Company Unveils New LPG bottling plant coming up at Hathua, Bihar, with a capacity of 180 TMTPA. (Positive)
United Drilling: Company received an overseas order worth approximately Rs 21.94 million. (Positive)
Dixon Technologies: Company Expands Capacity with Rs 121 Crore Asset Acquisition (Positive)
India Glycols Ltd: Company received a USFDA EIR for its Dehradun plant. (Positive)
JSW Steel: Arm JSW Steel Coated Products declared successful resolution applicant for Colour Roof India (Positive)
Biocon Company announced that Biocon Biologics received positive opinions from the European Medicines Agency’s CHMP for its denosumab biosimilar candidates (Positive)
Auro Pharma: CuraTeQ Biologics, a wholly owned stepdown subsidiary of the company in connection with the receipt of Positive Opinion from CHMP for Dazublys (Positive)
DDev: CRISIL has upgraded the company’s credit ratings. (Positive)
E2E Networks: Larsen & Toubro acquired 1,22,625 equity shares in the company at an average price of Rs 2,122.42 per share. (Positive)
Prozone Realty: Company announced receipt of a Letter of Offer (LOF) from Gretex Corporate Services Limited, acting as the Manager for an Open Offer. (Positive)
Zydus Lifesciences: Company announced the signing of a share purchase agreement to acquire a majority stake in Amplitude Surgical SA. (Positive)
NTPC Green: Company signs MoU with Honeywell to explore the production of sustainable aviation fuel by conducting feasibility study that leverages Honeywell’s proprietary eFining™ technology. (Positive)
Harsha Engineers: Company has signed a Letter of Intent from a multinational group company for supplying stamping products (Positive)
Amber, Optiemus: China’s Lianchuang Electronics eyes India’s components policy, in talks with Amber, Optiemus (Positive)
Titan: Rekha Jhunjhunwala raises stake in the company (Positive)
Reliance Ind: Revenue reported at Rs 2.61 Lakh crore versus poll Rs 2.38 Lakh crore, Net profit at Rs 19407 crore versus poll Rs 18928 crore (Neutral)
LTFIN: Net profit Rs. 636 cr vs poll Rs. 622 cr , NII at Rs. 2150 cr vs poll Rs. 2136 cr YoY. (Neutral)
MHRIL: Net profit Rs. 72.94 cr vs Rs. 83.20 cr , Revenue at Rs. 778.82 cr vs Rs. 800.19 cr YoY. (Neutral)
Jayaswal Neco: Net profit Rs. 101.64 cr vs Rs. 2.03 cr, Revenue at Rs. 1675.27 cr vs Rs. 1411.43 cr YoY. (Positive)
Force Motors: Net Profit at Rs 434.7 Cr vs Rs 140.3 Cr, Revenue at Rs 2,356 Cr Vs Rs 2,011.2 Cr (YoY) (Positive)
NRB Bearing: Net Profit at Rs 94 Cr vs Rs 74 Cr, Revenue at Rs 242 Cr Vs Rs 190.0 Cr (YoY) (Positive)
Kesoram: Net Profit at Rs 5765 Cr vs loss Rs 240 Cr (Due to gains on demerger), Revenue at Rs 67 Cr Vs Rs 69 Cr (YoY) (Positive)
SBFC Fin: Net profit Rs. 94.0 cr vs Rs. 73 cr , Income at Rs. 361 cr vs Rs. 280 cr YoY. (Positive)
DCB Bank: Net profit Rs. 177 cr vs Rs. 155 cr , NII at Rs. 558 cr vs Rs. 507 cr YoY. (Positive)
RBL Bank: Net profit Rs. 68.7 cr vs poll of Rs. 45.9 cr, NII at Rs. 1563 cr vs poll of Rs. 1589.7 cr. (Positive)
Sasken: Net profit Rs. 11.0 cr vs Rs. 17.2 cr , Revenue at Rs. 148 cr vs Rs. 109 cr YoY. (Neutral)
IDFC First: Net profit Rs. 304.0 cr vs Rs. 724 cr , NII at Rs. 4907 cr vs Rs. 4469 cr YoY. (Neutral)
Rossari: Net profit Rs. 34.4 cr vs Rs. 34.1 cr , Revenue at Rs. 580 cr vs Rs. 473 cr YoY. (Neutral)
MRPL: Net Profit at Rs 363 Cr vs poll Rs 300 Cr, Revenue at Rs 27600 Cr Vs poll Rs 25200.0 Cr (YoY) (Neutral)
BEPL: Net profit Rs. 39.5 cr vs Rs. 40.4 cr , Revenue at Rs. 349 cr vs Rs. 321 cr YoY. (Neutral)
Vakrangee: Net profit Rs. 2.5 cr vs Rs. 2.2 cr , Revenue at Rs. 63 cr vs Rs. 54 cr YoY. (Neutral)
Sarla Performers: Net profit Rs. 12.7 cr vs Rs. 11.5 cr , Revenue at Rs. 103 cr vs Rs. 105 cr YoY. (Neutral)
Poonawalla Fin: Net profit Rs. 62 cr vs Rs. 332 cr, NII at Rs. 707.9 cr vs Rs. 633.9 cr YoY. (Neutral)
OFSS: Net profit Rs. 644 cr vs Rs. 5541 cr, Revenue at Rs. 1716 cr vs Rs. 1715 cr QoQ. (Neutral)
IGL: Net Profit Rs 349.2 crore Vs Rs 382.8 crore, Revenue at Rs 3,950.6 crore Vs Rs 3,596.8 crore YoY (Neutral)
Tata Technologies: Net profit Rs. 188.87 cr vs Rs. 157.24 cr, Revenue at Rs. 1285.65 cr vs Rs. 1301.05 cr YoY (Neutral)
Zensar Tech: Net Profit at Rs 176.4 Cr Vs Rs 173.3 Cr, Revenue at Rs 1,359 Cr Vs Rs 1,229.7 Cr (YoY) (Neutral)
RCF: Company will acquire approximately 19.99 crore equity shares in Talcher Fertilizers Limited for Rs. 199.99 crore via a rights issue (Neutral)
Gateway Distriparks: Company has received an order from the Adjudicating Authority, New Delhi, concerning a land parcel in Jaipur. (Neutral)
MTNL: company announced it couldn’t fund the ESCROW account for the 03rd semi-annual interest payment on its 7.80% MTNL Bond Series VIII-C. (Neutral)
Kamdhenu Ltd: Company announced the completion of an equity share sub-division, reducing the face value from Rs 10 to Rs 1 per share. (Neutral)
Brainbees Solutions: Company announced a change in management. Mr. Nitin Agarwal resigned as CEO and Director of Globalbees Brands (a subsidiary) and as Senior Management Personnel (Neutral)
Amarjothi Spinning Mills: Company announced the resignation of Smt. Mohana Priya.M, Company Secretary & Compliance Officer, on April 25, 2025 (Neutral)
Axis Bank: Rajiv Anand to retire as deputy MD of Bank upon completion of third term (Neutral)
Vodafone Idea: Nokia was the seller and GoldmanSachs a buyer in block deal of 103 cr shares (Neutral)
M&M Fin: RBI imposes Rs 71.3 lakhs penalty on Mahindra & Mahindra Financial Services Limited (Neutral)
Indigo: Due to closure of Pakistan’s airspace, 50 international routes operated by company will get impacted. (Neutral)
Apollo Tyres: Company plans to shut Enschede plant operations by summer of 2026 (Neutral)
NRB Bearings: Company announced Rs 200 Cr capital investment for capacity upgrades at R&D & plants in Jalna, Chikalthana, Waluj & Hyderabad (Neutral)
BEML: Board meeting today to consider Interim Dividend. (Neutral)
GACM Technologies: Ex-Right date today, Ratio: 51 right shares for 82 shares held. (Neutral)
Lloyd Engineering: Ex-Right date today, Ratio: 9 right shares for 34 shares held. (Neutral)
Max India: Ex-Right date tomorro, Ratio: 19 right shares for 100 shares held. (Neutral)
HCL Tech: Ex-Dividend date today, Dividend – Rs 18 per Share. (Neutral)
Ami Organics Limited: Ex- date today, Face Value Split (Sub-Division) – From Rs 10/- Per Share To Rs 5/- Per Share (Neutral)
Avantel: Net Profit at Rs 6.0 Cr VS Rs 12.0 Cr, Revenue at Rs 49 Cr Vs Rs 42 Cr (YoY) (Negative)
India Cement: Net loss at Rs 75.6 Cr VS Rs 29.3 Cr, Revenue at Rs 1197 Cr Vs Rs 1245 Cr (YoY) (Negative)
Lloyd Metals: Net Profit at Rs 202 Cr VS Rs 277 Cr, Revenue at Rs 1,193 Cr Vs Rs 1,554 Cr (YoY) (Negative)
NDTV: Net Loss Rs. 61.97 cr vs 8.68 cr, Revenue at Rs. 127.05 cr vs Rs. 106.52 cr YoY. (Negative)
Navkar Corp: Net Loss Rs. 18.5 cr vs profit 7.3 cr, Revenue at Rs. 104.0 cr vs Rs. 120.0 cr YoY. (Negative)
Tejas Network: Net Loss Rs. 62.0 cr vs profit 150 cr, Revenue at Rs. 1900.0 cr vs Rs. 1320.0 cr YoY. (Negative)
Gensol Engineering: IREDA Files EOW complaint against Gensol over falsified documents. (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
