Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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May 02, 2022

• SBI CARDS, TATA CHEMICALS, WIPRO, SONATA SOFTWARE, SHRIRAM CITY, CANFIN HOMES, EICHER, TATA MOTORS, GE POWER, INDUSIND BANK, L&T FIN, CDSL, ASTRAL, MARUTI
• SBI Cards And Payment Services: Q4 Sl Net Profit Rupees 5.81b Vs 1.75b (YoY); Est: 4.4b | 3.86b (QoQ) Q4 Revenue Rupees 28.50b Vs 23.08b (YoY); 28.89b (QoQ) Co Declared Interim Dividend Of Rupees 2.50 Per Equity Share
• Tata Chemicals: Q4 Cons Net Profit 4.63b Rupees Vs 118m (YoY); Est: 3.16b | 3.01b (QoQ) Q4 Revenue 34.81b Rupees Vs 26.36b (YoY); 31.42b (QoQ) Co Recommended A Dividend Of Rupees 12.5 Per Share
• Wipro: Q4 Cons Net Profit 30.87b Rupees Vs 29.69b (QoQ); Est 30.1b | 29.72b (YoY) || Q4 Revenue 208.6b Rupees Vs 203.14b (QoQ); 162.45b (YoY)
• Sonata Software: Q4 Cons Net Profit 1.01b Rupees Vs 977m (QoQ); 801m (YoY) Q4 Revenue 14.64b Rupees Vs 18.6b (QoQ); 1.08b (YoY) Co Recommended A Final Dividend Of Rupees 13 Per Equity Share
• Shriram City Union Finance: Q4 Cons Net Profit 3.24b Rupees Vs 2.95b (YoY); Est: 3b | 3.11b (QoQ) || Q4 Revenue 19b Rupees Vs 15.95b (YoY); 18.49b (QoQ)
• Can Fin Homes: Q4 Sl Net Profit 1.23b Rupees Vs 1.03b (YoY); Est 1.2b | 1.16b (QoQ) Q4 Interest Income 5.56b Rupees Vs 4.61b (YoY); 5.1b (QoQ) Co Recommended A Final Dividend Of Rupees 1.50 Per Equity Share
• Eicher Motors: April Total Vecv Sales Units 5,525 Units Vs 2,145 Units (YoY); 8,803 Units (MoM); Est: 4369 Units
• Tata Motors: April Total Sales Units 72,468 Units Vs 41,858 Units (YoY); 89,343 Units (MoM)|| Est 71,100
• GE Power India: Co Gets Contract With Basic Price Worth Rupees 8.6b
• Indusind Bank: Q4 Sl Net Profit 13.61b Rupees Vs 8.76b (YoY); Est 13.85b | 11.61b (QoQ) Q4 Interest Earned 78.6b Rupees Vs 74.19b (YoY); 77.37b (QoQ) Q4 Provisions 14.64b Rupees Vs 18.66b (YoY) Q4 Net Npa 0.64% Vs 0.71% (QoQ) Q4 Gross Npa 2.27% Vs 2.48% (QoQ) || Co Approved Payment Of Dividend Of Rupees 8.5 Per Equity Share
• L&T Finance Holdings: Q4 Cons Net Profit 3.42b Rupees Vs 2.67b (YoY); Est 3.8b | 3.26b (QoQ) Q4 Revenue 29.47b Rupees Vs 32.23b (YoY); 29.71b (QoQ) Q4 Gnpa 4.97% Vs 3.80% (YoY) || Q4 Npa 1.57% Vs 2.00% (YoY)
• CDSL: Q4 Cons Net Profit 776.5m Rupees Vs 517.4m (YoY) | 837m (QoQ) Q4 Revenue 1.37b Rupees Vs 1.03b (YoY); 1.52b (QoQ) Co Recommended A Final Dividend Of Rupees 15 Per Equity Share
• Astral: Co To Buy 51% Stake In Operating Paint Business Of Gem Paints Pvt Ltd || Co Shall Initially Invest 1.94b Rupees In Gem Paints
• ➡️LIC IPO opens on wednesday
• ➡️US FOMC meet on wednesday
• ➡️Reliance earnings on friday
• ➡️Hero moto, tata steel , tata consumer , kotak bank to report earnings this week
• ➡️Hero moto, tata steel , tata consumer , kotak bank to report earnings this week
• ➡️ *market holiday tomorrow!*
• Ø LIC IPO investors said to bid for double of anchor book
• Ø LIC IPO in focus: Sebi notifies easier anchor investor rules
• Ø GST revenue collection hits record Rs 1.68 lakh crore in April
• Ø Jewellers expect sales during Akshaya Tritiya to surpass 2019 level
• Ø NTPC seeks startups to produce torrefied biomass pellets
• Ø Jet fuel prices hiked by 3.22 pc to record high
• Ø Tata Motors looks to drive in multiple EVs for buyers across segments
• Ø Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd
• Ø Mumbai property registration scales yet another peak with 11,744 deals in best-ever April
• Ø Unilever warns of more price hikes as cost pressures build
• Ø India needs to remove trade restrictions, reduce tariffs in South Asia, says World Bank
• Ø Fashionable in India to build metros in small cities — Hyderabad Metro MD
• Ø Three TCPL shares for every 10 of Tata Coffee, merger in 12-14 months
• Ø Maruti Suzuki April sales slip 6% to 150,661 units; exports climb 7%
• Ø Apollo Global Management may lend $1 bn to JSW for Ambuja Cements buy
• Ø Auto industry fails to pick up pace as chip shortage hurts production
• Ø Cochin Shipyard to invest Rs 50 cr in maritime startups: Sarbananda Sonowal
• Ø US stocks are likely to be hit by a wave of redemptions, warns Chris Wood
• Ø IndiGo pilots under scanner for using expletives on radio during flight
• Ø Business segment recovery to drive growth for Indian Hotels Company
• Ø ISMC to invest Rs 22,900 cr in Karnataka on semiconductor plant
• Ø Aviation turbine fuel price hiked by 3.22 pc to record high
• Ø Edible oil prices likely to rise in next few months: Report
• Ø Commercial LPG price hiked by Rs 102.50/cylinder
• Ø Fundraising via REITs, InvITs slumps 59% to Rs 22,145-cr in FY22 on uncertainty around world
• Ø IRDAI panel suggests ‘micro insurance’ modules for low-income group, small businesses
• Ø Russia and India in talks to restart coking coal supplies
• Ø DLF launches theme-based plotted development project in Chennai
• Ø Sufficient stock of edible oils in India; monitoring prices, supply situation: Food Ministry
• Ø Udaipur-based Sah Polymers files draft papers with Sebi for IPO
• Ø Maharashtra sugar mills submit bids to supply 111 crore litres of ethanol in current supply year
• Ø IPO-bound LIC eyes 8-10% of total premium from bancassurance channel in next 5 yrs
• Ø Sebi amends rules to simplify procedure for transmission of securities