Daily Stock Market Snapshot 9 May 2024

Relaxo Footwears March 2024 (Quarterly) Income at Rs 747 crore vs Rs 765 crore YoY. PAT at Rs 61 Crore vs Rs 63 crore YoY.

HPCL March 2024 (Quarterly) Income at Rs 114,678 crore vs Rs 108,056 crore YoY. PAT at Rs 2,709 crore vs Rs 3,608 crore YoY.

Vardhman Textiles March 2024 (Quarterly) Income at Rs 2,459 crore vs Rs 2,486 crore YoY. PAT at Rs 202 crore vs Rs 160 crore YoY.

Timken India March 2024 (Quarterly) Income at Rs 898 crore vs Rs 803 crore YoY. PAT at Rs 141 crore vs Rs 105 crore YoY.

Orient Electric March 2024 (Quarterly) Income at Rs 788 crore vs Rs 658 crore YoY. PAT at Rs 13 crore vs Rs 25 crore YoY.

Escorts Kubota Mar 2024 (quarterly) Net Profit Rs. 252 crore Vs Rs. 216 crore yoy. Revenue Rs. 2094 crore Vs Rs. 2214 crore yoy.

State Bank Of India Mar 2024 (quarterly) Net Profit Rs 21384 crore Vs Rs 18093 crore yoy. Gross NPA at 2.24% Vs 2.42% qoq; Net NPA at 0.57% Vs 0.64% qoq.

SKF India March 2024 (Quarterly) Income at Rs 1,203 crore vs Rs 1,095 crore YoY. PAT at Rs 175 crore vs Rs 123 crore YoY.

Kalpataru Projects International March 2024 (Quarterly) Income at Rs 5,971 crore vs Rs 4,882 crore YoY. PAT at Rs 169 crore vs Rs 140 crore YoY.

Capri Global Capital March 2024 (Quarterly) Income at Rs 649 crore vs Rs 454 crore YoY. PAT at Rs 83 crore vs Rs 65 crore YoY.

ESAF Small Finance Bank March 2024 (Quarterly) PAT at Rs 43 crore vs Rs 101 crore YoY. GNPA at 4.76% vs 4.16% QoQ; Net NPA at 2.26% vs 2.19% QoQ.

Kirloskar Oil Engines March 2024 (Quarterly) Income at Rs 1,660 crore vs Rs 1,384 crore YoY. PAT at Rs 147 crore vs Rs 79 crore YoY.

TVS Motor Company March 2024 (Quarterly) Income at Rs 10,042 crore vs Rs 8,031 crore YoY. PAT at Rs 412 crore vs Rs 336 crore YoY.

Godrej Agrovet March 2024 (Quarterly) Income at Rs 2,134 crore vs Rs 2,095 crore YoY. PAT at Rs 65 Crore vs Rs 23 crore YoY.

Vijaya Diagnostic Centre March 2024 (Quarterly) Income at Rs 155 crore vs Rs 121 crore YoY. PAT at Rs 34 crore vs Rs 28 crore YoY.

Tata Power Company March 2024 (Quarterly) Income at Rs 15,847 crore vs Rs 12,454 crore YoY. PAT at Rs 1,046 crore vs Rs 939 crore YoY.

Piramal Enterprises March 2024 (Quarterly) Income at Rs 2,473 crore vs Rs 2,132 crore YoY. P/(L) before exceptional items and tax at (Rs 2,202 crore) vs (Rs 194 crore) YoY. PAT at Rs 137 crore vs Loss of Rs 196 crore YoY.

Bank of Baroda: The RBI has lifted the restrictions on ‘Bob World’ with immediate effect, as such the bank is free to onboard customers through ‘Bob World’ application.

HDFC Life Insurance Company: IRDAI has accorded its approval for the appointment of Mr Keki M Mistry as Chairman of the Board of the Company.

Happiest Minds: Happiest Minds Inc., Company’s wholly owned subsidiary in USA has executed an agreement to purchase 100% Membership interest in Aureus Tech Systems LLC.

DLF announced the overwhelming success of its latest luxury residential venture, ‘DLF Privana West,’ achieving a remarkable sellout valued at approximately Rs 5,590 crores, within 3 days.

RPG Life Sciences: Mr. Vijay Thange, Vice President – Manufacturing & Technical Services, a Senior Management Personnel of the Company, has tendered his resignation from the services of the Company.

NTPC Green Energy Ltd, a wholly owned subsidiary of NTPC Ltd, inks MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd for development of Renewable Energy Power Parks and Projects.

Larsen & Toubro: S&P Global Ratings has assigned “BBB+ with stable outlook” long-term issuer credit rating to the Company.

Godrej Industries has acquired additional 14% stake in Godrej One Premises Management Pvt Ltd, subsidiary of the Company from Godrej & Boyce Manufacturing Company Limited, Promoter of the Company.

Rail Vikas Nigam bags an order of Rs 167 crore from SER HQ ELECTRICAL/SOUTH EASTERN RAILWAY.

Larsen & Toubro March 2024 (Quarterly) Income at Rs 67,079 crore vs Rs 58,335 crore YoY. PAT at Rs 5,013 crore vs Rs 4,459 crore YoY.

Gujarat State Petronet March 2024 (Quarterly) Income at Rs 4,532 crore vs Rs 4,270 crore YoY. PAT at Rs 663 crore vs Rs 543 crore YoY.

Punjab National Bank Mar 2024 (quarterly) Net Profit Rs 3342 crore Vs Rs 1864 crore yoy. Gross NPA at 5.73% Vs 6.24% qoq; Net NPA at 0.73% Vs 0.96% qoq.

Asian Paints Mar 2024 (quarterly) Net Profit Rs 1275 crore Vs Rs 1258 crore yoy. Revenue Rs 8701 crore Vs Rs 8751 crore yoy.

Zydus Lifesciences Limited has received final approval from the USFDA to market Dapsone Gel.

The Indian Hotels Company Limited has announced a strategic partnership with CG Hospitality extending its current platform of TAL Hotels & Resorts Limited and Taj Safaris Limited to achieve a portfolio of 25 hotels by 2025.

The National Company Law Tribunal’s Mumbai bench likely has approved the merger of Mahindra Heavy Engines (MHEL), Mahindra Two Wheelers (MTWL), and Trringo.com (TCL) with Mahindra and Mahindra.

Kotak Mahindra Bank likely plans to hire around 400 engineers this year to upgrade its technology systems after coming under the regulator’s scrutiny for lapses.

Piramal Enterprises board approved the merger of the company with its wholly-owned subsidiary, Piramal Capital & Housing Finance.

PVR INOX announced the opening of its 7-screen multiplex in Pune’s first luxury lifestyle destination at KOPA Mall, Koregaon Park.

Piramal Enterprises Limited: Piramal Alternatives Trust , a wholly-owned subsidiary of the Company, has completed the acquisition of 9.85% stake in Annapurna Finance Private Limited, for a consideration of 300 Rs crore.

Juniper Hotels has entered into secured Term Loan and Working Capital Facility Agreement for Rs 491 crores with ICICI Bank Ltd.

NBCC (India) bags two orders woth Rs 250 crore and Rs 150 crore from Hon’ble Court Receiver of Supreme Court of India.

Wipro and Kognitos Inc., a leader in Generative Al Automation and a portfolio company of Wipro Ventures, announced a collaboration to deploy enterprise ready GenA l-based Business Automation Solutions.