Here are the stocks that are in focus today:
Results Today: RCF, Vedanta, Escorts, Ceat, 3i Infotech, ABB India, Brigade Enterprises, Elecon Engineering, Jyothy Laboratories, Sanofi India, Star Cement, VIP Industries
Marico Q4: Adjusted net profit up 18.6% at Rs 217 crore versus Rs 183 crore, revenue up 8.7% at Rs 1,609 crore versus Rs 1,480 crore, YoY
ICICI Bank Q4: Net profit down 5% at Rs 969 crore versus Rs 1,020 crore, NII up 26.5% at Rs 7,620 crore versus Rs 6,021.7 crore, YoY.
Gujarat Gas Q4: Net profit down 15.6% at Rs 116.5 crore versus Rs 138 crore, revenue down 9.9% at Rs 1,907.5 crore versus Rs 2,117.4 crore, QoQ
Navin Fluorine Q4: Net profit down 8.7% at Rs 35.9 crore Vs 39.3 crore; revenue up 17.2% at Rs 244.3 crore versus Rs 208.4 crore.
Godrej Agrovet Q4: consolidated net profit at Rs 121 crore against Rs 32 crore, revenue up 12.5% at Rs 1,343 crore versus Rs 1,195 crore.
Bharti Airtel Q4: Net profit up 24 percent at Rs 107.2 crore, revenue was at Rs 20,602 crore
Wockhardt Q4: Net loss at Rs 14.5 crore against loss of Rs 154.5 crore, revenue down 3.8% at Rs 979 crore versus Rs 1,018 crore, YoY
L&T Technology Services appoints Abhishek Sinha as chief operating officer w.e.f. May 6, 2019
Hughes and Airtel to combine their India VSAT operations
TCS BaNCS Digital Enables Omni-channel Customer Experience at Bank Yahav
HDFC Bank to mull 2-for-1 stock split on May 22
HDFC to consider the issue of NCD on private placement basis on May 13
Great Eastern Shipping Corporation approved the issue of NCDs up to Rs 1000 crore during the year.
Lemon Tree Hotels opened a 49-room property in Alwar, Rajasthan
Sterlite Technologies – the promoters have informed that they have reached an “in-principle” agreement with their lenders, basis which they expect the removal of Pledge of Shares of the company to get completed by end of July 2019
Prabhat Telecoms approved re-appointment of Vishwamani Tiwari as Managing Director of the company till March 2024
Mcleod Russel completed the sale transaction for sale of the equity stake held by Borelli Tea Holdings Ltd, UK, (a wholly owned subsidiary) in Pfunda Tea Company, Rwanda
Dhanuka Agritech launches LARGO for cotton and chilli crop protection in India
IOB has identified 32 properties for sale including prime properties in Singapore and Hongkong aggregating in value to Rs 900 crore
PNC Infratech announces the execution of share purchase agreement for divestment of stake in Ghaziabad Aligarh Road Project
Graphite India – ICRA Reaffirmed the long term rating outstanding for Rs 720 crore Line of Credit of the company at AA+.