Daily Stock Market Snapshot 16 May 2024

Prince Pipes March 2024 (Quarterly) Income at Rs 740 crore vs Rs 764 crore YoY. PAT at Rs 55 crore vs Rs 94 crore YoY.

V-Guard Industries March 2024 (Quarterly) Income at Rs 1,343 crore vs Rs 1,139 crore YoY. PAT at Rs 76 crore vs Rs 53 crore YoY.

Info Edge (India) Ltd Mar 2024 (quarterly) Net Profit Rs 88 crore Vs Rs 503 crore Loss yoy. Revenue Rs 657 crore Vs Rs 605 crore yoy.

GAIL (INDIA) LTD Mar 2024 (quarterly) Net Profit Rs 2474 crore Vs Rs 642 crore yoy. Revenue Rs 32833 crore Vs Rs 33264 crore yoy.

Coforge Limited announced a strategic partnership with Fiorano to introduce ISO 20022 Compliance as a Service (ICaaS).

Hindustan Aeronautics Mar 2024 (quarterly) Net Profit Rs 4309 crore Vs Rs 2831 crore yoy. Revenue Rs 14769 crore Vs Rs 12495 crore yoy

Mahindra & Mahindra Mar 2024 (quarterly) Net Profit Rs 3125 crore Vs Rs 2998 crore yoy. Revenue Rs 35373 crore Vs Rs 32365 crore yoy.

Colgate-Palmolive likely is planning to launch products from its global portfolio of personal and home care brands, aiming to expand its business beyond its core toothpaste and toothbrush Categories.

DLF likelyis aiming to enter the residential market in Mumbai in the second half of the ongoing financial year with flats priced between Rs 60 million and Rs 80 million.

Cipla has entered into definitive agreements for further investment of upto Rs 26 crores in Achira Labs Private Limited.

Eicher Motors Limited has established a Joint Venture wituh iTriangle lnfotech to develop and deliver fleet management solutions for truck and bus customers operating in various applications.

TVS Motor Company has launched its operations in Italy. The company will introduce a selection of its advanced, high-quality thermic and electric scooters And motorcycles.

Mahindra & Mahindra Ltd announced an unprecedented achievement for its recently launched compact SUV, the XUV 3XO. Within the first 60 minutes of opening bookings the XUV 3XO received over 50000 bookings.

Infosys announced that it is collaborating with SAP Emarsys, a cloud-based, omnichannel customer engagement platform, to empower businesses to address the grow need for omnichannel customer engagement.

Samvardhana Matherson: Fitch Ratings has upgraded the rating for Long Term Senior Secured Bonds of Samvardhana Matherson Automotive Systems Group B.V. (wholly owned subsidia ry) to ‘BBB-‘ from ‘ BB+’

Titagarh Railsystems: The Board has approved the elevation of Shri. Prithish Chowdhary, Director (Marketing & Business Development) & Deputy CEO (Passenger Rail Systems) to the position of Deputy”Managing Director of the Company w.e.f. 15th May, 2024.

Titagarh Railsystems: The Board has approved the re-appointment of Shri. Anil Kumar Agarwal, Executive Director, designated as Deputy Managing Director & CEO (Freight Rail Systems) of the Company for a period”of 3 years w.e.f. 29th May, 2024.

Tech Mahindra: Mr. Peeyush Dubey, Chief Marketing Officer has been designated as Senior Management Personnel of the Company with effect from 18th May, 2024.

PSP Projects: An out-of-court settlement has been reached between Company and Surat Diamond Bourse (SOB). Under the Settlement, SOB has Agreed to pay an amount of Rs 170 crore in tranches Over a time.

Persistent Systems appoints Mr. Vinit Teredesai as Chief Financial Officer of the company.

Reliance Industries: REC Solar Holdings AS, a step down wholly owned subsidiary of the Company, has completed sale of its 100% equity stake in REC Solar Norway AS to Elkem ASA.

Honeywell Automation: The Nomination and Remuneration Committee, approved appointment of Mr. Girish Shastri as Director – Global Engineering Services w.e.f. May 15, 2024.

Berger Paints India March 2024 (Quarterly) Income at Rs 2,520 crore vs Rs 2,444 crore YoY. PAT at Rs 223 crore vs Rs 186 crore YoY.

IEX March 2024 (Quarterly) Income at Rs 121 crore vs Rs 107 crore YoY. PAT at Rs 97 crore vs Rs 88 crore YoY.

LIC Housing Finance March 2024 (Quarterly) Income at Rs 6,948 crore vs Rs 6,431 crore YoY. PAT at Rs 1,082 crore vs Rs 1,191 crore YoY.

Titagarh Rail Systems March 2024 (Quarterly) Income at Rs 1,052 crore vs Rs 974 crore YoY. PAT at Rs 79 crore vs Rs 48 crore YoY.

MOIL March 2024 (Quarterly) Income at Rs 416 crore vs Rs 428 crore YoY. PAT at Rs 91 crore vs Rs 81 crore YoY.

Jindal Stainless March 2024 (Quarterly) Income at Rs 9,454 crore vs Rs 9,765 crore YoY. PAT at Rs 501 Crore vs Rs 716 crore YoY.

Somany Ceramics March 2024 (Quarterly) Income at Rs 738 crore vs Rs 679 crore YoY. PAT at Rs 34 crore vs Rs 24 crore YoY.

Dixon Technologies March 2024 (Quarterly) Income at Rs 4,658 crore vs Rs 3,065 crore YoY. PAT at Rs 97 crore vs Rs 81 crore YoY.

Honeywell Automation India March 2024 (Quarterly) Income at Rs 951 crore vs Rs 850 crore YoY. PAT at Rs 148 crore vs Rs 112 crore YoY.

NCC March 2024 (Quarter ly) Income at Rs 6,485 crore vs Rs 4,949 crore YoY. PAT at Rs 239 crore vs Rs 203 crore YoY.

Visaka Industries March 2024 (Quarterly) Income at Rs 396 crore vs Rs 452 crore YoY. PAT at Rs 1.15 crore vs Rs 4.34 crore YoY.