Daily Stock Market Snapshot 7 May 2024

HIL March 2024 (Quarterly) Income at Rs 852 crore vs Rs 863 crore YoY. Loss at Rs 0.1 crore vs PAT of Rs 4.6 crore YoY.

Navin Fluorine International March 2024 (Quarterly) Income at Rs 602 crore vs Rs 697 crore YoY. PAT at Rs 70 crore vs Rs 136 crore YoY.

SRF LTD Mar 2024 (quarterly) Net Profit 422 crore Vs 562 crore yoy. Revenue 3506 crore Vs 3719 crore yoy.

lnfoBeans Technologies March 2024 (Quarterly) Income at Rs 97 crore vs Rs 92 crore YoY. PAT at Rs 9.2 crore vs Rs 4.7 crore YoY.

Hindustan Media Ventures March 2024 (Quarterly) Income at Rs 188 crore vs Rs 188 crore YoY. PAT at Rs 11 crore vs Rs 12 crore YoY.

IDFC Ltd March 2024 (quarterly) Net Profit 347 crore Vs Loss of 98.11 crore YoY.

Persistent Systems announced the launch of iAURA, a suite of Al-powered data solutions engineered to catalyze business growth.

Tata Communications unveiled Tata Communications CloudLyte, a fully-automated edge computing platform, designed to empower future­ ready enterprises to thrive in a data-driven world.

Reliance Jio, Bharti Airtel, and Vodafone Idea likely have submitted their application to bid for Rs 963.17 billion spectrum auction, which is scheduled to start from Jun 6.

Hindalco Industries Limited – Novelis Reports: Q4 Fiscal Year 2024 – Net income attributable to our common shareholder and net income from continuing operations of $166 million, up 6% YoY; Net income excluding special items was $179 million, up 2% YoY.

Lupin Limited announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Travoprost Ophthalmic Solution USP.

Wipro announced that it is collaborating with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial Intelligence (GenAI).

LTIMindtree Limited has received order from Department of Goods and Service Tax, Office of the Deputy Commissioner of State Tax, Mumbai raising a tax demand amounting to Rs 1,557 million.

Bajaj Healthcare: The Board has approved the appointment of Mr. Dayashankar Patel as the Chief Financial Officer and Key Managerial Personnel (KMP) of the Company, with effect from 6th May, 2024.

Gillette India: Mr. L. V. Vaidyanathan, Managing Director of the Company, has tendered his resignation.

Bombay Dyeing to acquire up to 26% stake in AMP Energy C&I Twenty Seven Pvt Ltd (a wholly owned subsidiary of AMP Energy C & I Pvt Ltd) for Rs 5 crore, for setting up captive solar power project in Maharashtra.

Oberoi Realty has entered into a Development Agreement for development and redevelopment of land admeasuring approximately 12,790 square meters, situate at Adar sh Nagar, Worli, Mumbai. The Company expects to currently generate a free sale component of around 6.24 lakh square feet (RERA Carpet area) from the development and redevelopment of the said Land .

Tamilnad Mercantile Bank has revised the One Year MCLR to 9.75% from 9.6%.

Muthoot Capital Services has raised Rs 10 crore through Commercial Paper.

Suven Life Sciences: The Board has approved the reappointment of Shri Venkateswarlu Jasti as Managing Director (MD) of the Company for a further period of five years commencing from November 01, 2024.

VST ZETOR Private Ltd, the joint venture between VST Tillers Tractors Ltd and HTC Investments a.s (Owner of the “ZETOR” brand), announced the launch of three best-in-class higher HP tractors.

Happiest Minds Technologies March 2024 (Quarterly) Income at Rs 417 crore vs Rs 378 crore YoY. PAT at Rs 72 crore vs Rs 58 crore YoY.

Bombay Dyeing March 2024 (Quarterly) Income at Rs 381 crore vs Rs 670 crore YoY. PAT at Rs 66 crore vs Loss of Rs 246 crore YoY.

Allsec Technologies March 2024 (Quarterly) Income at Rs 130 crore vs Rs 108 crore YoY. PAT at Rs 21 crore vs Rs 12 crore YoY.

Lupin March 2024 (Quarterly) Income at Rs 4,961 crore vs Rs 4,430 crore YoY. PAT at Rs 359 crore vs Rs 236 crore YoY.

Automotive Stampings March 2024 (Quarterly) Income at Rs 232 crore vs Rs 210 crore YoY. PAT at Rs 7.6 crore vs Rs 3.4 crore YoY.

Godrej Consumer Products March 2024 (Quarterly) Income at Rs 3,386 crore vs Rs 3,200 crore YoY. Loss at Rs 1,893 crore vs PAT of Rs 452 crore YoY. Exceptional Loss during the quarter at Rs 2,376 crore.

DCM Shriram March 2024 (Quarterly) Income at Rs 2,399 crore vs Rs 2,720 crore YoY. PAT at Rs 118 crore vs Rs 187 crore YoY.

Gujarat Gas March 2024 (Quarterly) Income at Rs 4,134 crore vs Rs 3,929 crore YoY. PAT at Rs 410.5 crore vs Rs 370.5 crore YoY.

Arvind SmartSpaces March 2024 (Quarterly) income at Rs 117 crore vs Rs 93 crore YoY. PAT at Rs 19.5 crore vs Rs 10.5 crore YoY.

GHCL March 2024 (Quarterly) Income at Rs 823 crore vs Rs 1,120 crore YoY. PAT at Rs 125 crore vs Rs 227 crore YoY.

Route Mobile March 2024 (Quarterly) Income at Rs 1,017 crore vs Rs 1,009 crore YoY. PAT at Rs 95 crore vs Rs 104 crore YoY.

Gujarat Fluorochemicals March 2024 (Quarterly) Income at Rs 1,133 crore vs Rs 1,471 crore YoY. PAT at Rs 101 crore vs Rs 332 crore YoY.