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Daily Stock Market Snapshot 3 May 2024

Start your day with FinBrook daily stock market snapshot to provide you with what you need to know in markets before you start your day. Stay tuned, stay informed, stay invested.

Divyanshu Pandey

5/3/20244 min read

Daily stock market morning brief
Daily stock market morning brief

Titan Company March 2024 (Quarterly) Income at Rs 12,494 crore vs Rs 10,360 crore YoY. PAT at Rs 771 crore vs Rs 736 crore YoY.

Adani Green Energy March 2024 (Quarterly) Income at Rs 2,527 crore vs Rs 2,587 crore YoY. PAT at Rs 310 crore vs Rs 507 crore YoY.

JSW Infrastructure March 2024 (Quarterly) Income at Rs 1,096 crore vs Rs 915 crore YoY. PAT at Rs 329 crore vs Rs 302 crore YoY.

HFCL March 2024 (Quarterly) Income at Rs 1,326 crore vs Rs 1,433 crore YoY. PAT at Rs 109 crore vs Rs 79 crore YoY.

Raymond March 2024 (Quarterly) Income at Rs 2,609 crore vs Rs 2,150 crore YoY. PAT at Rs 230 crore vs Rs 196 crore YoY.

Firstsource Solutions March 2024 (Quarterly) Income at Rs 1,670 crore vs Rs 1,557 crore YoY. PAT at Rs 134 crore vs Rs 141 crore YoY.

Godrej Properties March 2024 (Quarterly) Income at Rs 1,426 crore vs Rs 1,646 crore YoY. PAT at Rs 478 crore vs Rs 454 crore YoY.

Go Fashion (India) March 2024 (Quarterly) Income at Rs 182 crore vs Rs 158 crore YoY. PAT at Rs 13 crore vs Rs 15 crore YoY.

MRF Ltd Mar 2024 (quarterly) Net Profit Rs.396 crore Vs Rs.341 crore yoy. Revenue Rs.6349 crore Vs Rs.5842 crore yoy.

Tata Communications has secured a $250 million loan from ANZ, DBS, and Export Development Canada for five years under the Sustainability Linked Loan framework.

Premji Invest, the family office of Wipro Founder Azim Premji, likely is in advanced talks to acquire a majority stake in Nainital Bank, which is a subsidiary of Bank Of Baroda.

Reliance Industries: Abu Dhabi Investment Authority and KKR likely have invested in Reliance Retail Ventures’ warehousing assets in a deal pegged at Rs.128.64 billion.

Dare Ventures Limited, a wholly owned subsidiary of the Coromandel International, has subscribed to 3.13% share capital of Ecozen Solutions Private Limited (Ecozen) at a consideration of Rs.23,99,97,938.55.

Zydus Lifesciences will sell its 25% stake in a joint venture with Bayer (South East Asia) for Rs.2.82 billion.

Coforge Limited has agreed to enter into a share purchase agreement with the promoters and select public shareholders of Cigniti Technologies Limited to acquire up to 54% approx. of the share capital of Cigniti Technologies Limited.

JK Cement has participated/submitted the winning bid for inter-alia. “West of Shahdol (South) Coal Block” in the recent Commercial Coal Mine E­ auction organized by Ministry of Coal.

Coforge Pte. Ltd., a wholly owned subsidiary of the Coforge Limited, based at Singapore, has entered into a loan agreement for availing loan facility with Hongkong and Shanghai Banking Corporation Limite

Wipro Limited announced they have been selected by Independent Health, Western New York’s only 5- Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare Prescription Payment Plan platform for the upcoming open enrolment period.

Hindustan Unilever announced the appointment of Vipul Mathur as executive director, persona l care, and member of the management committee, effective Jun 1.

Indian Energy Exchange has achieved 9,044 MU overall volume, in April’24, marking a 14.1% YoY increase. The renewable energy certificates (REC) at 618 MU, increased 211 % YoY.

Gujarat Industries Power Company has entered into Loan Agreement of Rs 2,832 crore with National Bank For Financing Infrastructure And Development.

Jubilant Pharmova appoints Harsher Singh as the CEO of its Radiopharma business.

Satin Creditcare Network: Working Committee of the company has allotted 7,000 NCDs of face value of Rs 1,00,000/- each aggregating to Rs 70 crores.

Tamilnad Mercantile Bank: The Board has approved the appointment of Shri.N.Rajkumar, Deputy General Manager as Chief Risk Officer of the Bank, with effect from May 02, 2024.

Adani Green Energy announced USO 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks.

Thomas Cook (India) Ltd has inaugurated two new franchise outlets in Goregaon and Panvel – to leverage the high growth market of the Mumbai Metropolitan Region.

Linc March 2024 (Quarterly) Income at Rs 138 crore vs Rs 137 crore YoY. PAT at Rs 11.4 crore vs Rs 12.3 crore YoY.

Procter & Gamble Health March 2024 (Quarterly) Income at Rs 252 crore vs Rs 321 crore YoY. PAT at Rs 47 crore vs Rs 59 crore YoY.

JBM Auto March 2024 (Quarterly) Income at Rs 1,486 crore vs Rs 1,010 crore YoY. PAT at Rs 62.5 crore vs Rs 28.4 crore YoY.

Blue Dart Express March 2024 (Quarterly) Income at Rs 1,323 crore vs Rs 1,217 crore YoY. PAT at Rs 78 crore vs Rs 69 crore YoY.

Coal India March 2024 (Quarterly) Income at Rs 37,410 crore vs Rs 38,152 crore YoY. PAT at Rs 8,640 crore vs Rs 6,869 crore YoY

CIE Automotive India March 2024 (Quarter ly) Income at Rs 2,427 crore vs Rs 2,440 crore YoY. PAT at Rs 230 crore vs Rs 279 crore YoY.

KEI Industries March 2024 (Quarterly) Income at Rs 2,319 crore vs Rs 1,953 crore YoY. PAT at Rs 168 crore vs Rs 138 crore YoY.

Ugro Capital March 2024 (Quarterly) Income at Rs 322 crore vs Rs 209 crore YoY. PAT at Rs 33 crore vs Rs 14 crore YoY.

Plastiblends India March 2024 (Quarterly) Income at Rs 199 crore vs Rs 198 crore YoY. PAT at Rs 11 Crore vs Rs 9 crore YoY.

Coforge March 2024 (Quarterly) Income at Rs 2,359 crore vs Rs 2,170 crore YoY. PAT at Rs 229 crore vs Rs 117 crore YoY.

Railtel Corporation of India March 2024 (Quarterly) Income at Rs 833 crore vs Rs 697 crore YoY. PAT at Rs 78 crore vs Rs 75 crore YoY.

Ajanta Pharma March 2024 (Quarterly) Income at Rs 1,054 crore vs Rs 882 crore YoY. PAT at Rs 203 crore vs Rs 122 crore YoY.

Astec Lifesciences March 2024 (Quarter ly) Income at Rs 154 crore vs Rs 127 crore YoY. Loss at Rs 1 crore vs Loss of Rs 5 crore YoY.

Privi Speciality Chemicals March 2024 (Quarterly) Income at Rs 484 crore vs Rs 399 crore YoY. PAT at Rs 32 crore vs Loss of Rs 15 crore YoY.