Stocks in News/ RESULTS IN BRIEF/ DIVIDEND: IGL, IRCON, TATAMOTORS, NTPC, NMDC, IEX, JSWSTEEL, INDIANBANK
AHMEDABAD, 5 MAY:
IGL: Board has approved the appointment of Rajkumar Dubey as Chairman of the company (Positive)
GOCL Corp: The company has received approval from its Board to sell its subsidiary, IDL Explosives, to Apollo Defence Industries for Rs 107 crore. (Positive)
Ircon: Company has received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. (Positive)
Hindustan Foods: Company has commenced Phase 1 of its new ice cream manufacturing facility in Nashik. (Positive)
Tata Motors: Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of US President Donald Trump’s trade war. (Positive)
Baazar Style: Company has opened a new store of Style Baazar at Koderma, Jharkhand (Positive)
NTPC Renewable: Company commissions final 60 MW of Gujarat solar project; total group capacity now 80,155 MW. (Positive)
Adani Ports: Company handles 37.5 MMT cargo in April ’25, container volumes up 21% YoY. (Positive)
Teerth Gopicon: Company announced the receipt of a Letter of Acceptance (LoA) from Indore Smart City Development Limited. (Positive)
NMDC: Company posts record 15% rise in iron ore production in April; sales grow 3%. (Positive)
Oil marketing PSUs: Petrol, diesel demand rises in April as summer fuels consumption. (Positive)
IEX: Company to log double-digit growth in trading volume in FY26. (Positive)
Force Motors: April sales at 3210 units versus 2268 units. (Positive)
Azad Engineering: Company gets 452 Cr Orders, TTM sales is only 423 Cr. (Positive)
B L Kashyap: Company Bags Rs 510 Crore Residential Project – 28.3 Lakh Sq. Ft. in Scope. (Positive)
Bharat Parenterals: Company announced that its subsidiary, Innoxel Lifesciences Pvt. Ltd., successfully completed a U.S. FDA inspection at its Vadodara, Gujarat facility. (Positive)
Tata Consultancy Services: Company partnered with Jazeera Airways to enhance digital customer experience using AI. (Positive)
Shilpa Medicare: Company’s subsidiary, SBPL, receives EU GMP certification for its Dharwad, Karnataka site. (Positive)
Emerald Finance: Company partners with Idea Clan to launch an Early-Wage Access program. (Positive)
Kranti Industries: Company announced a sample purchase order from Bonfiglioli Transmission Private Limited for industrial machinery parts. (Positive)
Resourceful Auto: Plutus Capital Management LLP bought 30,000 equity shares in the company at an average price of Rs 70.26 per share. (Positive)
Oberoi Realty: Company gets 970 Crs in Bookings in Elysian Tower D in just 4 days. (Positive)
Expo Gas: Aegis Investment Fund bought 2,48,991 equity shares in the company at an average price of Rs 60 per share. (Positive)
GE Vernova: Company wins major order from POWERGRID to supply 70+ high-voltage transformers & shunt reactors for India’s renewable energy corridors. (Positive)
Affle: Company received a US patent for a system detecting fraud in app installations and ads. (Positive)
P N Gadgil: Company recorded its highest-ever single day festive sales of Rs 139.53 crore on the occasion of Akshaya Tritya, up 35% YoY. (Positive)
Ambuja Cement: Shareholders approve scheme of amalgamation of Adani Cementation with company (Neutral)
Himatsingka Seide: Company announced the resignation of Lakshman Swamy, Senior Vice President – Sourcing & Logistics (Group), effective May 02, 2025 (Neutral)
JSW Steel: The Deputy Director of Mines had issued a demand notice, claiming Rs 702 crore for an alleged drop in the grade of production, violation of the mining plan. (Negative)
Emami Ltd: Company Board to consider 3rd interim dividend for FY24-25 on May 16, 2025. (Neutral)
Aptech Ltd: Company announced it received a work order from a Central Govt. Body to conduct Computer-Based Tests. The estimated contract value is Rs 2.26 Cr (Neutral)
Indian Bank: Bank Declared Dividend of 16.25 Rs per Share (Neutral)
Bharti Airtel: Bharti Airtel, Tata Group call off talks for merger of DTH business (Neutral)
Block deal launch in AU Small Bank: Sellers include True North, Indium IV (Mauritius), and Silver Leaf Oak. Floor prices Rs 650/ Sh (Neutral)
Adani group: Adani Camp meets Trump officials to end Bribery cases: Bloomberg (Positive)
Parag Milk Foods: Net profit Rs. 26 cr vs Rs. 10 cr, Revenue at Rs.918 cr vs Rs. 790 cr YoY (Positive)
Gravita India: Net profit Rs. 94.92 cr vs Rs. 69.42 cr, Revenue at Rs.1037.07 cr vs Rs. 863.41 cr YoY (Positive)
R R Kabel Ltd: Net profit Rs. 129.12 cr vs Rs. 78.72 cr, Revenue at Rs.2217.83 cr vs Rs. 1754.06 cr YoY (Positive)
Vardhman Textiles: Net profit Rs. 237.88 cr vs Rs. 202.13 cr, Revenue at Rs.2508.57 cr vs Rs. 2459.41 cr YoY (Positive)
Privi Speciality: Net profit Rs. 63.97 cr vs Rs. 31.86 cr, Revenue at Rs.613.55 cr vs Rs. 484.34 cr YoY (Positive)
CUB: Profit at Rs 288 crore Vs Rs 254.8 crore, Net interest income increases 9.8% to Rs 600.3 crore Vs Rs 546.6 crore (Positive)
Aether: Net profit stands at 50.3 crore Vs loss of Rs 1.4 crore, Revenue at Rs 240.2 crore Vs Rs 117.5 crore (Positive)
Ksolves India Ltd: Net profit Rs. 5.85 cr vs Rs. 9.39 cr, Revenue at Rs. 33.34 cr vs Rs. 30.44 cr YoY (Neutral)
Archean Chemical: Net profit Rs. 53.47 cr vs Rs. 57.58 cr, Revenue at Rs.345.57 cr vs Rs. 283.90 cr YoY (Neutral)
Subex Ltd: Net profit Rs. -17.60 cr vs Rs. -156.51 cr, Revenue at Rs.70.60 cr vs Rs. 83.80 cr YoY (Neutral)
Voltamp Transformers: Net profit Rs. 96.8 cr vs Rs. 93.5 cr, Revenue at Rs.624.8 cr vs Rs. 504.8 cr YoY (Neutral)
Kotak Bank: Net profit Rs. 3551 cr vs poll of Rs. 3550 cr, NII at Rs.7283 cr vs Poll of Rs. 7400 cr (Neutral)
SBI: Net profit Rs. 18,642 cr vs poll of Rs. 18,944 cr, NII at Rs.42,775 cr vs Poll of Rs. 42,670 cr. (Neutral)
D-Link: Net profit Rs. 27 cr vs Rs. 24.5 cr, Revenue at Rs.368 cr vs Rs. 332 cr YoY (Neutral)
Marico: Revenue at 2730 Cr vs Poll at 2665 Cr, Volume Growth at 7% vs Poll at 5-6% (Neutral)
Indian Bank: Net profit up 31.6% at Rs 2,956 cr vs Rs 2,247 cr, NII up 6.2% at Rs 6,389.3 cr vs Rs 6,015.5 cr (YoY) (Neutral)
Oberoi Real: Ex- date on today, Dividend – Rs 2 per Share. (Neutral)
PTC India: Ex- date on today, Dividend – Rs 5 per Share. (Neutral)
Tata Motors: Shareholders meeting at tomorrow for business split. (Neutral)
TRF Limited: Net profit Rs. 3.51 cr vs Rs. 6.29 cr, Revenue at Rs.27.10 cr vs Rs. 38 cr YoY. (Negative)
Sanofi Consumer: Net profit Rs. 50 cr vs Rs. 62.7 cr, Revenue at Rs.172.6 cr vs Rs. 221.6 cr YoY (Negative)
CDSL: Net profit Rs. 100 cr vs Rs. 129 cr, Revenue at Rs. 224 cr vs Rs. 241 cr YoY (Negative)
D Mart: Net profit down 2% at Rs 551 cr vs Rs 563 cr, Revenue up 17% at Rs 14,872 cr vs Rs 12,726.6 cr (YoY) (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.)
