Stocks in News/RESULTS IN BRIEF: TFCIL, BOI, DIXON, ACMESOLAR, BHEL, YESBANK, WIPRO, SBI, CyientDLM, Novartis, THERMEX
MUMBAI, 12 MAY:
Dixon: NxtCell India and Dixon’s subsidiary Padget Electronics collaborate to produce Alcatel cellphones in India. (Positive)
ACME Solar Holdings: Company commissioned the first 52.5 MW phase of its 300 MW solar project in Bikaner, Rajasthan. (Positive)
Dynamic Services: Company Secures Rs 8.3 Cr Railway Linen Handling Contract. (Positive)
BHEL: Company Gets Relief in Rs 269 Cr Service Tax Case from CESTAT Delhi (Positive)
YES Bank: SMFG unit SMBC to take 20% stake in the Bank (Positive)
Puravankara: Company announced a joint venture to develop a 24.59-acre land parcel in North Bengaluru with an estimated Gross Development Value of over Rs 3,300 Cr. (Positive)
Arihant Foundations: Company has entered a framework agreement with Prestige Estates Projects Limited to jointly develop real estate projects in Chennai. (Positive)
Rural Stocks: Monsoon hitting Kerala on May 27, ahead of usual date of June 1-IMD (Positive)
Ceinsys Tech: Company Received Letter of Award from Mumbai Metropolitan Region Development Authority, Contract value: Rs 5.5 crore. (Positive)
Karur Bank: RBI approves re-appointment of Dr. Meena Hemchandra as Part-time Chairperson till July 2028 (Neutral)
Securities to be added In F&O from May 30: Kaynes, Mankind Pharma, RVNL, Mazagon Dock, Bharat Dynamics (Neutral)
JSW Infra: Promoter to sell Up to 2.00% by its Promoter, Sajjan Jindal Family Trust in the open market for achieving minimum public shareholding (Neutral)
Coromandel: Sakarni Plaster and a wholly-owned subsidiary have partnered to produce and market products based on phosphogypsum (Neutral)
Happy Forgings: CRISIL has reaffirmed the ‘Crisil AA/Stable’ rating for its bank facilities, totaling Rs 485 crore. (Neutral)
Wipro: Company announced the appointment of Sandeep Dhar as Global Head of its Global Capability Center (GCC) practice (Neutral)
SBI: Bank to divest 13.19% stake of Yes Bank to SMBC at 21.5/share for Rs 8,890 cr (Neutral)
Federal Bank: Bank To Sell 0.5% Stake In Yes Bank To Sumitomo Mitsui Banking Corporation For Rs 357 Cr at Rs 21.50/Share (Neutral)
Cyient DLM: Company says, Anthony Montalbano has resigned as Chief Executive Officer (CEO) of the company (Neutral)
Titagarh Rail: Company announced the resignation of Shri Shivendra Singh as Chief Executive Officer, effective May 9, 2025. (Neutral)
H G Infra Engineering: ICRA has reaffirmed/assigned credit ratings for the company, Long-term fund-based cash credit: Rs 700 Cr, rated [ICRA] AA- (Positive). (Neutral)
Hindustan Adhesives: Company increases investment in PT. Bagla Group Indonesia from 51% to 99.99%. (Neutral)
Godrej CP: Ex- date on Tuesday, Dividend – Rs 5.0 per Share. (Neutral)
Glenmark: A manufacturing plant in Indore, Madhya Pradesh, was inspected by the US FDA, which deemed the examination to be “Official Action Indicated.” (Negative)
Solara Active Pharma: Company has received zero 483 from USFDA post inspection. (Positive)
TFCIL: Net Profit at Rs 30.20 Cr Vs Rs 20.40 Cr, Revenue at Rs 68.03 Cr Vs Rs 57.61 Cr (YoY). (Positive)
Bank of India: Net Profit at Rs 2626 Cr Vs Rs 1439 Cr, NII at Rs 6063 Cr Vs Rs 5936 Cr (YoY). (Positive)
Dr Reddy: Net Profit at Rs 1594 Cr Vs poll of Rs 1491.6 Cr, Revenue at Rs 8506 Cr Vs poll of Rs 8404.7 Cr (Positive)
Navin Fluorine: Net Profit at Rs 94.36 Cr Vs Rs 70.37 Cr, Revenue at Rs 700.94 Cr Vs Rs 601.95 Cr (YoY). (Positive)
Eveready Industries: Net Profit at Rs 10.42 Cr Vs Rs 8.05 Cr, Revenue at Rs 299.04 Cr Vs Rs 280.9 Cr (YoY). (Positive)
PNGS Gargi: Net Profit at Rs 4 Cr Vs Rs 2.3 Cr, Revenue at Rs 22 Cr Vs Rs 15 Cr (YoY). (Positive)
Birla Corporation: Net Profit at Rs 257 Cr Vs Rs 193 Cr, Revenue at Rs 2863 Cr Vs Rs 2680 Cr (YoY). (Positive)
India Shelter Finance: Net Profit at Rs 108.0 Cr Vs Rs 77.8 Cr, Revenue at Rs 327 Cr Vs Rs 234 Cr (YoY) (Positive)
PTC India: Net Profit at Rs 58 Cr Vs Rs 14 Cr, Revenue at Rs 147 Cr Vs Rs 174 Cr (YoY) (Positive)
Novartis: Net Profit at Rs 29.3 Cr Vs Rs 14.7 Cr, Revenue at Rs 84 Cr Vs Rs 81 Cr (YoY) (Positive)
Thermax: Net Profit at Rs 205 Cr Vs Rs 187 Cr, Revenue at Rs 3084 Cr Vs Rs 2763 Cr (YoY) (Positive)
Affle 3i: Net Profit at Rs 103 Cr Vs Rs 87.5 Cr, Revenue at Rs 600 Cr Vs Rs 510 Cr (YoY) (Positive)
Meghmani Organics: Net Profit at Rs 19.8 Cr Vs loss Rs 18.0 Cr, Revenue at Rs 550 Cr Vs Rs 410 Cr (YoY) (Positive)
lnspirisys: Net Profit at Rs 12.3 Cr Vs Rs 3.7 Cr, Revenue at Rs 120 Cr Vs Rs 98.7 Cr (YoY) (Positive)
Chola Holding: Net Profit at Rs 1362 Cr Vs Rs 1144 Cr, Interest Income at Rs 6709 Cr Vs Rs 5196 Cr (YoY) (Positive)
R Power: Net Profit at Rs 126 Cr Vs Loss Rs 397 Cr, Revenue at Rs 1978 Cr Vs Rs 1996 Cr (YoY) (Positive)
KPR MILL: Net Profit at Rs 204.6 Cr Vs Rs 213.6 Cr, Revenue at Rs 1769 Cr Vs Rs 1697 Cr (YoY). (Neutral)
Grindwell Norton: Net Profit at Rs 92.83 Cr Vs Rs 92.67 Cr, Revenue at Rs 709.51 Cr Vs Rs 691.07 Cr (YoY). (Neutral)
Relaxo Footwears: Net Profit at Rs 56.22 Cr Vs Rs 61.39 Cr, Revenue at Rs 695.15 Cr Vs Rs 747.21 Cr (YoY). (Neutral)
Synergy Green: Net Profit at Rs 3.83 Cr Vs Rs 3.25 Cr, Revenue at Rs 97.47 Cr Vs Rs 82.31 Cr (YoY). (Neutral)
Hariom Pipes: Net Profit at Rs 17.2 Cr Vs Rs 16.8 Cr, Revenue at Rs 399.7 Cr Vs Rs 331.0 Cr (YoY) (Neutral)
Jupiter Life: Net Profit at Rs 44.8 Cr Vs Rs 45.3 Cr, Revenue at Rs 327 Cr Vs Rs 291 Cr (YoY) (Neutral)
Swiggy: Net Profit at Rs 1081.1 Cr Vs Rs Loss 554.7 Cr, Revenue at Rs 4410 Cr Vs Rs 3045.5 Cr (YoY). (Negative)
Manappuram Fin: Net Profit at Rs Loss 203 Cr Vs Rs 563.5 Cr, NII at Rs 1464.3 Cr Vs Rs 1569 Cr (YoY). (Negative)
GE Shipping: Net Profit at Rs 358.0 crore Vs Rs 899.7 crore, Revenue at Rs 1223 crore Vs Rs 1497 (Negative)
Indusind Bank: Moody’s Investors Service has reaffirmed the Credit Ratings of the Bank, revised the outlook to Negative and downgraded Bank’s Baseline Credit Assessment. (Negative)
Pharma sector: Trump vows 30–80% cut in US drug prices in ‘most consequential’ executive order. (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.)
