Here are stocks that are in the focus today:
Results Today: SBI, L&T, Allahabad Bank, Canara Bank, Syndicate Bank, Eicher Motors, Glaxosmithkline Consumer Healthcare, Gujarat Poly Electronics, HT Media, IDFC First Bank, Kajaria Ceramics, Merck, Nocil, Oberoi Realty, Punjab Chemicals, PVR, Tata Investment Corporation, V2 Retail, Vakrangee, Venky’s, V-Mart Retail, VST Tillers Tractors
Voltas Q4: Net profit down 27.5% at Rs 139.6 crore versus Rs 192.6 crore, revenue up at Rs 2,062.8 crore versus Rs 2,048.4 crore, YoY
PNB Housing Q4: Net profit up 51% at Rs 379.8 crore versus Rs 251.6 crore, revenue up 30.9% at Rs 2,145.2 crore versus Rs 1,638.2 crore, YoY
Vardhman Textiles Q4: Consolidated net profit up 9.6% at Rs 179 crore versus Rs 163.7 crore, revenue up 16.8% at Rs 1,763.4 crore versus Rs 1,509.6 crore, YoY
HCL Tech Q4: Net profit down 1.7% at Rs 2,568 crore versus Rs 2,611 crore, rupee revenue up 1.9% at Rs 15,990 crore and dollar revenue up 3.5% at USD 2,278 million, QoQ
MGL Q4: Net profit up 27.4% at Rs 133.5 crore Vs Rs 104.8 crore, revenue up 23.2% at Rs 793.2 crore Vs Rs 643.8 crore, YoY
GSPL Q4: Net profit down 2.6% at Rs 153.3 crore Vs Rs 157.4 crore, revenue up 23.8% at Rs 433.9 crore Vs Rs 350.4 crore, YoY
Indian Overseas Bank Q4: Loss at Rs 1,985.2 crore Vs loss of Rs 3,606.7 crore, NII down 14.7% at Rs 1,479 crore Vs Rs 1,733 crore, YoY
Kalpataru Power Q4: Net profit up 30.6% at Rs 136.9 crore Vs Rs 104.8 crore, revenue up 29% at Rs 2,491.4 crore Vs Rs 1,931.4 crore, YoY
Sundram Fasteners approved payment of second interim dividend at Rs 3.10 per share for the financial year ended March 31, 2019.
Reliance Brands, a subsidiary of the Reliance Industries has signed a definitive agreement to acquire 100% equity shares of Hamleys Global Holdings
Welspun Corp to consider a proposal to buy back the fully paid-up equity shares of the company on May 14
Company has received additional pipe orders of 103 KMT which will be serviced from India
Quess Corp completed the acquisition of 100% equity in Greenpiece landscape
Edelweiss Financial Services – ECL Finance announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 3000 mn.
Brigade Enterprises – CRISIL reaffirmed long term rating to CRISIL A; outlook revised to stable from negative.