Daily Stock Market Snapshot 15 May 2024

Granules India Mar 2024 (quarterly) Net Profit Rs 30 crore Vs Rs 120 crore yoy. Revenue Rs 1156 crore Vs Rs 1195 crore yoy.

Power Finance Corporation Mar 2024 (quarterly) Net Profit Rs 7556 crore Vs Rs 6129 crore yoy.

Polycab India likely is looking at least 30% ramp­ up in capital expenditure – to around Rs 11 billion, from the existing Rs 8-8.50 billion.

Reliance Industries: Reliance Consumer Products, a Reliance Retail subsidiary, likely is aiming to Increase its merchant base to 10 million from over 1 million currently in the next five years.

Cipla Limited – Mr Jasdeep Singh, Chief Strategy Officer and Senior Management Personnel of the Company has resigned to pursue personal interests outside Cipla. His last working day is 31st May 2024.

Siemens Limited approved an investment of around Rs 519 crore towards capacity addition at Gas Insulated Switchgear Factory, Goa and Metro train manufacturing facility, Aurangabad.

Exide Industries invested Rs 750 million in its wholly­ owned subsidiary Exide Energy Solutions. The company subscribed 20.84 million shares of the subsidiary on a rights basis.

Power Grid Corporation Of India wholly-owned subsidiary POWERGRID Neemuch Transmission System commissioned the transmission system project to evacuate power from Neemuch Special Economic Zone in Madhya Pradesh.

The Board of Directors of Siemens Limited approved the proposal to demerge its Energy Business into a separate legal entity – Siemens Energy India Limited (currently a wholly owned subsidiary of Siemens Limited).

Mahindra & Mahindra wholly-owned subsidiary Mahindra Holdings executed a share purchase agreement to sell its entire 30.83% stake in New Delhi Centre for Sight for an aggregate consideration of Rs 4.25 billion.

Infosys announced a multi-year strategic collaboration with First Abu Dhabi Bank to optimize and modernize FAB’s IT infrastructure services.

Balu Forge Industries: The Board has approved appointment of Mr. Sadik Patel as Chief Operating Officer (COO) of the Company with effect from 14 May, 2024.

Shilpa Medicare Ltd announces the successful completion of early clinical development and ongoing Phase 3 clinical trial of its newly developed drug “SML-007”, for the treatment of non-alcoholic fatty liver disease.

Sagar Cements: The Board has re-appointed Dr.S.Anand Reddy as Managing Director and Shri S.Sreekanth Reddy as Joint Managing Director of the company for a further period of 3 years with effect from October 31, 2024.

Butterfly Gandhimathi Appliances: Ms. Swetha Sagar G currently Product Line Head – Kitchen Appliances is elevated as the Chief Business Officer of the Company w.e.f May 14, 2024.

Colgate-Palmolive: The Board has approved the re­ appointment of Mr. Mukul Deoras as a Non­ Executive Director and Chairman of the Board, for a term of 5 consecutive years.

Allcargo Terminals’ CFS volumes for the April 2024 was 51.1 ‘000 TEUs, an increase of 2% over April 2023 and a decline of 6% over March 2024.

Indiamart lntermesh Ltd has acquired additional 14.88% stake of Livekeeping Technologies Pvt Ltd.

PDS March 2024 (Quarterly) Income at Rs 3,215 crore vs Rs 2,742 crore YoY. PAT at Rs 65 crore vs Rs 77 crore YoY.

Edelweiss Financial Services March 2024 (Quarterly) Income at Rs 2,967 crore vs Rs 3,012 crore YoY. PAT at Rs 203 crore vs Rs 172 crore YoY.

Sagar Cements March 2024 (Quarterly) Income at Rs 709 crore vs Rs 622 crore YoY. PAT at Rs 12 crore vs Rs 88 crore YoY.

Oberoi Realty March 2024 (Quarterly) Income at Rs 1,315 crore vs Rs 961 crore YoY. Profit before exceptional items and tax at Rs 971 crore vs Rs 391 crore YoY. PAT at Rs 788 crore vs Rs 480 crore YoY.

Aurionpro Solutions March 2024 (Quarterly) Income at Rs 247 crore vs Rs 191 crore YoY. PAT at Rs 39 crore vs Rs 27 crore YoY.

Butterfly Gandhimathi Appliances March 2024 (Quarterly) Income at Rs 166 crore vs Rs 187 crore YoY. Loss at Rs 20 crore vs PAT of Rs 2 crore YoY.

Patanjali Foods March 2024 (Quarterly) Income at Rs 8,222 crore vs Rs 7,873 crore YoY. PAT at Rs 206 crore vs Rs 264 crore YoY.

Colgate-Palmolive March 2024 (Quarterly) Income at Rs 1,490 crore vs Rs 1,351 crore YoY. PAT at Rs 380 crore vs Rs 316 crore YoY.

V-Mart Retail March 2024 (Quarterly) Income at Rs 669 crore vs Rs 594 crore YoY. Loss at Rs 39 crore vs Loss of Rs 37 crore YoY.

Shyam Metalics March 2024 (Quarterly) Income at Rs 3,606 crore vs Rs 3,428 crore YoY. PAT at Rs 220 crore vs Rs 254 crore YoY.

Thyrocare Technologies March 2024 (Quarterly) Income at Rs 154 crore vs Rs 136 crore YoY. PAT at Rs 17 crore vs Rs 12 crore YoY.

Bharti Hexacom March 2024 (Quarter ly) Income at Rs 1,868 crore vs Rs 1,733 crore YoY. PAT at Rs 223 crore vs Rs 202 crore YoY.

Radico Khaitan March 2024 (Quarter ly) Income at Rs 1,079 crore vs Rs 832 crore YoY. PAT at Rs 54 crore vs Rs 43 crore YoY.

Siemens March 2024 (Quarterly) Income at Rs 5,750 crore vs Rs 4,858 crore YoY. PAT at Rs 803 crore vs Rs 472 crore YoY.

Bharti Airtel March 2024 (Quarterly) Income at Rs 37,599 crore vs Rs 36,009 crore YoY. PAT at Rs 2,068 crore vs Rs 4,226 crore YoY. Exceptional Loss of Rs 2,456 crore in current quarter.

Shree Cement March 2024 (Quarterly) Income at Rs 5,433 crore vs Rs 5,100 crore YoY. PAT at Rs 676 crore vs Rs 525 crore YoY.

Apollo Tyres March 2024 (Quarterly) Income at Rs 6,258 crore vs Rs 6,247 crore YoY. PBT at Rs 563 crore vs Rs 527 crore YoY. PAT at Rs 354 crore vs Rs 410 crore YoY.