Here are stocks that are in focus today:
Results on May 9: HCL Technologies, Asian Paints, Apollo Tyres, Voltas, Mahanagar Gas, Shankara Building Products, South Indian Bank, Astra Microwave Products, Baba Arts, Cineline India, Centenial Surgical Suture, Cybertech Systems and Software, Dai-Ichi Karkaria, Dalmia Bharat, Datamatics Global Services, DE Nora India, Esab India, Fairchem Speciality, Gayatri Sugars, Gala Global Products, Gujarat Mineral Development Corporation, Granules India, Grovy India, Gujarat State Petronet, GTL Infrastructure, HCC, Hikal, Hinduja Ventures, Hindustan Media Ventures, ICRA, Inspirisys Solutions, Indian Overseas Bank, Kalpataru Power Transmission, Khaitan Chemicals, Mangalam Drugs, Manorama Industries, Matrimony.com, Mcdowell Holdings, MT Educare, NHC Foods, Nitta Gelatin India, Oracle Financial Services, Huhtamaki PPL, Plastiblends India, PNB Housing Finance, PTL Enterprises, Saint-Gobain Sekurit India, Satia Industries, Solar Industries, Stovec Industries, Sundram Fasteners, Superior Finlease, Sutlej Textiles & Industries, Timex Group India, Varun Beverages, Vardhman Textile
KEC International Q4: Profit falls to Rs 194 crore versus Rs 195.66 crore; revenue rises to Rs 3,841 crore versus Rs 3,662.4 crore YoY.
Hindalco Industries: Subsidiary Novelis Q4 net income at $103 million, adjusted EBITDA at $357 million, and net sales at $3.1 billion.
Titan Company Q4: Consolidated profit rises to Rs 348.3 crore versus Rs 304.41 crore; revenue jumps to Rs 4,888.77 crore versus Rs 4,107.22 crore YoY.
JMC Projects Q4: Profit jumps to Rs 48.70 crore versus Rs 34.28 crore; revenue rises to Rs 937.5 crore versus Rs 723 crore YoY.
Kokuyo Camlin Q4: Profit falls to Rs 4.5 crore versus Rs 5.8 crore; revenue rises to Rs 194 crore versus Rs 190.2 crore YoY.
Tata Communications Q4: Consolidated loss at Rs 198.82 crore versus profit at Rs 173.3 crore; revenue declines to Rs 4,243.5 crore versus Rs 4,269.5 crore QoQ.
Alembic Pharmaceuticals Q4: Profit jumps to Rs 123.7 crore versus Rs 93.99 crore; revenue rises to Rs 927 crore versus Rs 853.3 crore YoY.
Gillette India Q4: Net profit up 36.3% at Rs 48 crore versus Rs 35.5 crore, revenue up 3.1% at Rs 465.6 crore versus Rs 451.5 crore.
Saregama India Q4: Net profit down 24.9% at Rs 16 crore versus Rs 21.4 crore, YoY
Great Eastern Shipping Company: Company has delivered its 1994 built Very Large Gas Carrier ‘Jag Vishnu’ to the buyers. The vessel was contracted for sale in January 2019.
Dilip Buildcon: Subsidiary DBL Mangalwedha Solapur Highways Private Limited received financial closure letter from the National Highways Authority of India for four laning of Sangli-Solapur section of NH-166.
Bharat Financial Inclusion: Company assigned a pool of receivables of an aggregate value of Rs 1,107.41 crore to one of the largest private sector banks on a direct assignment basis.
TVS Motor to make an investment in Tagbox Solutions
India Ratings downgrades Yes Bank to ‘IND AA-‘ / Negative
Deepak Fertilisers approved the issue of Foreign Currency Convertible Bonds (FCCBs) aggregating to USD 30 million in two equal tranches
Shree Renuka Sugars’ Mauritius arm entered a term sheet with a potential investor to explore a transaction, which may result in the company ceasing to hold more than 50% stake in its arm
Religare Enterprises – ICRA Rating revised its long term debt programme rating from ICRA BB to ICRA D and removed from the watch.
Balrampur Chini buyback offer to open on May 16 and closes on May 26.