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STOCK MARKET UPDATES 08/05/2024

 



*    Jupiter Wagons: Net profit at Rs 105 cr, Revenue at Rs. 1115 cr, up by 57 % YoY.

*    PB Fintech: Net profit at Rs 60.19 cr vs loss Rs. 9.34 cr, revenue at Rs 1,090 cr vs Rs. 869 cr (YoY).

*    Bigbloc Construction: Net profit Rs. 8.7 cr vs Rs. 5.6 cr, Revenue Rs. 68 cr vs Rs. 46.6 cr (YOY).

*    IRB Infra: Net profit up 45.1% at ₹188.9 cr vs ₹130.2 cr (YoY), Revenue up 27.2% at ₹2,061.2 cr vs ₹1,620 cr (YoY).

*    JSW Energy: Net profit up 22.5% at ₹345.3 cr vs ₹282 cr, Revenue up 3.2% at ₹2,755.9 cr vs ₹2,670 cr (YoY),

*    Latent View: Net profit up 32.2% at ₹45.2 cr vs ₹34.2 cr (YoY), revenue up21.7% at ₹171.6 cr vs ₹141 cr.

*    Dixon: Company signs agreement with Nokia for development & manufacturing of telecom products.

*    Tata Elxsi: The company partners with w/Arm to offer solutions for ARM processors.

*    Infosys: Company and ServiceNow further collaborate for generative AI-powered industry solutions.

*    Tata Motors: The Company’s JLR April UK sales are up 19% at 5,627 units Vs 4,722 units YoY.

*    Jindal Staliness': The company supplies special alloy steel sheets in DRDO’s SMART system for the navy. 

*    LTI Mindtree: IBM to set up a joint generative AI center of excellence in India.

*    Macro tech Developers: The company will launch this fiscal 17 housing projects, having a revenue potential of Rs 12,000 crore.

*    Patel Eng: Company and JV partner emerge as lowest bidder for irrigation project worth Rs 343 crore.

*    Sonata Software: Net profit at ₹110.4 cr vs net loss of ₹46.2 cr (QoQ), Revenue down 12.1% at ₹2,191.6 cr vs ₹2,493.4 cr (QoQ).

*    Century Text: Net Profit down 4.4%at ₹160.3 cr vs ₹167.7 cr (YoY), Revenue up 71.7% at ₹1,686 cr vs ₹982 cr (YoY).

*    Kajaria: Net profit down 5.2% at ₹102.4 cr vs ₹108 cr (YoY), Revenue up 3% at ₹1,241 cr vs ₹1,205 cr (YoY).

*    IGL: reports Q4 earnings, profit down 2.4% at ₹383 cr vs ₹392 cr (QoQ), Revenue up 1.3% at ₹3,597 cr vs ₹3,550 cr (QoQ).

*    CreditAccess: Net profit up 33.9% at ₹397 cr vs ₹296.6 cr, NII up 42.3% at ₹881 cr vs ₹619.2 cr (YoY).

*    UBL: Net profit at ₹81.6 cr vs poll of ₹114 cr, Board proposes a dividend of ₹10/sh and appoints Jorn Kersten as Chief Financial Officer of the company.

*    Delta Corp: Net profit up 41.4% at ₹72.4 cr vs ₹51.2 cr, Revenue down 3% at ₹194.8 cr vs ₹214.3 cr (YoY).

*    Dr Reddy: Net profit reported at Rs 1310 crore versus poll of Rs 1325 crore, EBITDA Margins at 26.4% versus poll of 28.0%.

*    Sasken: Net profit up 0.6% at ₹17.2 cr vs ₹17.1 cr, Revenue up 5.8% at ₹109 cr vs ₹103 cr (YoY).

*    Pidilite: Net profit at ₹304.3 cr vs poll of ₹415 cr, Revenue at ₹2,901.9 cr vs poll of ₹2,810 cr.

*    DrReddys: Company elevates MV Narasimham to the role of CFO w.e.f. August 1.

*    M&M: NCLT approves merger of arms Mahindra Heavy Engines, Wheelers & Trringo with Mahindra & Mahindra.

*    Hindustan Zinc: The Company announced an interim dividend of Rs 10 per equity share for 2024-25.

*    Navin Fluorine: Net profit down 48.4% at ₹70.4 cr vs ₹136.4 cr (YoY), Revenue down 13.6% at ₹602 cr vs ₹697 cr (YoY).

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