Daily Stock Market Snapshot 30 April 2024

Nuvoco Vistas Corporation March 2024 (Quarterly) Income at Rs 2,933 crore vs Rs 2,929 crore YoY. Profit/ (Loss) before exceptional item and tax at Rs 155 crore vs Rs 6 crore YoY. PAT at Rs 100 crore vs Rs 201 crore YoY.

Vedant Fashions March 2024 (Quarterly) Income at Rs 363 crore vs Rs 342 crore YoY. PAT at Rs 116 crore vs Rs 109 crore YoY.

Sona BLW Precision Forgings March 2024 (Quarterly) Income at Rs 884 crore vs Rs 743 crore YoY. PAT at Rs 148 crore vs Rs 120 crore YoY.

Cholamandalam Investment and Finance Mar 2024 (quarterly) Net Profit Rs.1065 crore Vs Rs. 855 crore yoy.

BHEL enters into Strategic Partnership Agreement with HIMA for Railway Signalling Business

Indian Oil Corporation Mar 2024 (quarterly) Net Profit Rs.5488 crore Vs Rs.10841 crore yoy. Revenue Rs. 223650 crore Vs Rs. 230712 crore yoy.

ICICI Prudentia l Life Insurance gets GST demand & Penalty order of Rs.835 crore for FY19 from Maharashtra Tax Authority.

Tech Mahindra along with Atento to deliver generative Al Services to enterprises.

Sanof1 India launches diabetes drug Soliqua in India.

REC LTD Mar 2024 (quarterly) Net Profit Rs. 4079 crore Vs Rs.3065 crore yoy.

Exide Industries Mar 2024 (quarterly) Net Profit Rs. 186 crore Vs Rs.181 crore yoy. Revenue Rs. 4173 crore Vs Rs. 3677 crore yoy.

Airtel expands its network footprint in Morbi and Rajkot District under its rural network expansion project.

Granules India Limited announced USFDA has approved its Abbreviated New Drug Application (ANDA), filed by Granules Pharmaceuticals, Inc. (GPI), a wholly owned foreign subsidiary of the Company, for Colchicine Capsules.

JSW Steel and Japan’s JFE likely have offered to acquire up to 30% stake in an Australian coal mine currently owned by Whitehaven Coal.

NMDC has raised the price of lump ore by Rs. 400 to Rs. 6,200 per tonne. The price of fines has also increased by Rs. 200 per tonne to Rs. 5,260 per tonne.

L&T Finance Limited -Deputy Commissioner of State Tax, Office of the Joint Commissioner of State Tax, Patna Special, Central Bihar, Bihar levied a penalty of Rs. 11,78,985.63 under Central Goods and Service Tax Act, 2017.

ICICI Prudential Life Insurance Company: Deputy Commissioner of State Tax, Andhra Pradesh has demanded GST along with applicable interest and penalty. GST Rs.10,95,98,204/-, Interest Rs.10,01,51,739/- , Penalty Rs.1,09,59,821/- ,Total Rs.22,07,09,764/-.

Mahindra & Mahindra launched the XUV 3XO, with prices starting from Rs. 7.49 Lakh. The XUV 3XO combines standout design, premium interiors, comfortable ride, cutting-edge technology, thrilling performance, and unmatched safety.

Wipro Limited’s innovation lab, Lab45, announced the launch of its own Think Tank to help enterprise leaders and Wipro customers prepare for a future with emerging technologies.

Bharti Airtel has allotted equity shares worth about 2.46 billion to its foreign debt bond holders that are due for maturity in February 2025.

Coromandel International commences activity to set up its Rs 1,000 crore plus Phosphoric Acid & Sulphuric Acid plants at Kakinada, Andhra Pradesh.

JIO Financial Services: The Ministry of Corporate Affairs has accorded its approval for the appointment of Shri Hitesh Kumar Sethia as Managing Director and Chief Executive Officer effective November 15, 2023, for a period of three years.

RITES Ltd has received a letter of acceptance (USD111 .3 million) from Bangladesh Railway in connection with supply of 200 Broad Gauge (BG) Passenger Carriages to Bangladesh Railway.

Vikas Lifecare induced Rs 8.5 crore as further Capital to its step-down JV (i.e. IGL Genesis Technologies Ltd-a JV between company’s Subsidiary ‘Genesis Gas Solutions Pvt. Ltd.’ And Indraprastha Gas Ltd towards CAPEX for establishing the plant at NOIDA.

Morepen Laboratories: Mr. Rajesh Kumar Singh, Vice President – Formulation, Senior Management Personnel, has tendered his resignation from the Company due to his personal priorities.

RVNL and M/s KRDCL JV (49:51) has received Letter of Acceptance (LoA) from Southern Railway of Rs 439 crore for “Redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode”.

KEC International has secured new orders of Rs 1,036 crores across its various businesses.

Shoppers Stop: The Board has approved the elevation of Mr. Kavindra Mishra from his position as Executive Director & CEO to Managing Director and CEO of the company.

UCO Bank March 2024 (Quarterly) PAT at Rs 2,301 crore vs Rs 557 crore YoY. GNPA at 3.46% vs 3.85% QoQ; Net NPA at 0.89% vs 0.98% QoQ.

Spandana Sphoorty Financial March 2024 (Quarterly) Income at Rs 676 crore vs Rs 498 crore YoY. PAT at Rs 129 crore vs Rs 106 crore YoY.

Vesuvius India March 2024 (Quarterly) Income at Rs 453 crore vs Rs 368 crore YoY. PAT at Rs 69 crore vs Rs 43 crore YoY.

Rossari Biotech March 2024 (Quarterly) Income at Rs 473 crore vs Rs 406 crore YoY. PAT at Rs 34 crore vs Rs 29 crore YoY.

Can Fin Homes March 2024 (Quarterly) Income at Rs 927 crore vs Rs 764 crore YoY. PAT at Rs 209 crore vs Rs 166 crore YoY.

LG Balakrishnan March 2024 (Quarterly) Income at Rs 607 crore vs Rs 523 crore YoY. PAT at Rs 68 crore vs Rs 55 crore YoY.

Ador Fontech March 2024 (Quarterly) Income at Rs 56 crore vs Rs 58 crore YoY. PAT at Rs 7.5 crore vs Rs 5.8 crore YoY.

KFin Technologies March 2024 (Quarterly) Income at Rs 228 crore vs Rs 183 crore YoY. PAT at Rs 74 crore vs Rs 57 crore YoY.

Lndostar Capital Finance March 2024 (Quarterly)Income at Rs 474 crore vs Rs 285 crore YoY. PAT at Rs 35 crore vs Rs 76 crore YoY.

Shoppers Stop March 2024 (Quarterly) Income at Rs 1,046 crore vs Rs 924 crore YoY. PAT at Rs 23 crore Vs Rs 14 crore YoY.

Gillette India March 2024 (Quarterly) Income at Rs 681 crore vs Rs 619 crore YoY. PAT at Rs 99 crore vs Rs 103 crore YoY.

Poonawalla Fincorp March 2024 (Quarterly) Income at Rs.915 crore vs Rs 577 crore YoY. PAT at Rs 332 crore vs Rs 199 crore YoY.