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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April 27, 2022

• LODHA, BAJAJ FINANCE, SCHAEFFLER INDIA, NIPPON LIFE, VST IND, UNITED BREWERIES, RELIANCE, OMAXE, TATA COFFEE, AU SMALL, WIPRO, LASA SUPER, PB FINTECH, IIFL SEC
• Macrotech Developers: Q4 Cons Net Profit 5.35b Rupees Vs 3.11b (YoY); Est 3.9b | 2.86b (QoQ) || Q4 Revenue 34.45b Rupees Vs 25.34b (YoY); 20.59b (QoQ)
• Bajaj Finance: Q4 Cons Net Profit 24.20b Rupees Vs 13.47b (YoY); 21.25b (QoQ) Q4 Revenue 73.66b Rupees Vs 60.34b (YoY); 72.62b (QoQ) Q4 Gnpa 1.60% Vs 1.73% (QoQ) Nnpa 0.68% Vs 0.78% (QoQ) Co Approved Dividend Of Rupees 20 Per Share
• Schaeffler India: Q4 Sl Net Profit 2.07b Rupees Vs 1.4b (YoY); Est 1.7b | 1.91b (QoQ) || Q4 Revenue 15.68b Rupees Vs 13.17b (YoY); 15.23b (QoQ)
• Nippon Life India Asset Management: Q4 Cons Net Profit 1.75b Rupees Vs 1.67b (YoY); Est 1.7b | 1.74b (QoQ) Q4 Revenue 3.38b Rupees Vs 3.02b (YoY); 3.39b (QoQ) Co Approved Dividend Of Rupees 7.50 Per Share
• VST Industries: Q4 Sl Net Profit 872m Rupees Vs 728m (YoY); Est 830m | 827.2m (QoQ) Q4 Revenue 4b Rupees Vs 3.8b (YoY); 4.31b (QoQ) Co Recommended A Final Dividend Of Rupees 140 Per Equity Share
• United Breweries: Q4 Sl Net Profit 1.63b Rupees Vs 968m (YoY); Est 1.3b | 905.6m (QoQ) || Q4 Revenue 36.6b Rupees Vs 36b (YoY); 35.1b (QoQ)
• Reliance Industries: Adnoc - Reliance Industries Is Partnering With Adnoc And Adq In Ta’ziz Industrial Chemical Zone At Ruwais
• Omaxe: Co Secures 4.4b Rupees Funding From Värde Partners
• Tata Coffee: Q4 Cons Net Profit 407.8m Rupees Vs 430m (YoY) | 443m (QoQ) Q4 Revenue 6.56b Rupees Vs 5.9b (YoY); 6.26b (QoQ) Co Recommends Dividend Of 2 Rupees Per Share
• AU Small Finance Bank: Q4 Sl Net Profit 3.46b Rupees Vs 1.69b (YoY) | 3.02b (QoQ) Q4 Interest Earned 16.67b Rupees Vs 12.92b (YoY); 14.97b (QoQ) Q4 Provisions 932.2m Rupees Vs 1.48b (YoY) Q4 Net Npa 0.50% Vs 1.29% (QoQ) Q4 Gross Npa 1.98% Vs 2.60% (QoQ) Co Recommended Dividend Of 1 Rupee Per Share Recommended A Bonus Issue Of 1 Equity Share For Every 1 Equity Share Held
• Wipro: Co To Acquire Consulting Firm Rizing For $540 Million
• Lasa Supergenerics: Co Secured New Order Of 500 Mln Rupees From 5 Customers
• PB Fintech: Co To Invest 366m Rupees In Myloancare To Up Stake To 70%
• IIFL Sec: Q4 Cons Net Profit 789.5m Rupees Vs 773m (YoY); 862m (QoQ) || Q4 Revenue 3.62b Rupees Vs 2.56b (YoY); 3.68b (QoQ)
• • India Slashes Biggest IPO to $2.7 Billion to Hasten Sale
• • Reliance Signs Shareholder Pact for $2B Abu Dhabi Project
• • Bajaj Finance Profit Rises 80% on Strong Lending Income
• • Adani Group Is Said in Advanced Talks for Holcim India Units
• o Adani could sign agreement as soon as in the coming days
• • India’s RBI Accepts $5B of Bids from Banks at Forex Swap
• • Unilever India Profit Hurt by Higher Costs, Demand Dip: Preview
• • Global Funds Sell Net INR11.7B of India Stocks Tuesday: NSE
• o Domestic funds buy net 16.4b rupees of stocks
• • Foreign Investors Sell Net INR26.4B of Indian Equities on Monday
• • Foreigners Buy Net INR118.8B of India Equity Derivatives Tuesday
• • Musk’s Untaxed Wealth Opens a Path to Twitter, Riling Democrats
• • Treasury Yields Keep Declining Amid Signs of Extreme Bearishness
• • Crop Giant ADM Sees Years of Tight Markets Fueled by War
• • India calls on developed countries to enhance climate commitments ahead of COP27: PTI
• • Boots Owner Gives May 16 Deadline for Suitors’ GBP5b Offers: Sky
• • India can be cheapest producer of green hydrogen: Kant: PTI
• • 10am: India federal cabinet meeting
• • Adani Enterprises (ADE): Raises INR2.4b Via Debt Private Placement
• • AU Small Finance (AUBANK): 4Q Net Income 3.46b rupees vs. 1.69b y/y, Beats Est 3.07b; Gross NPA 1.98% vs. 2.6% q/q; to Give 1 Free Share for Every Share Held
• • Bajaj Finance (BAF): 4Q Net Income +79% Y/y to 24.2b rupees, Est. 24.4b; Revenue +26% Y/y to 86.3b
• • Macrotech (LODHA): 4Q Net Income +72% Y/y to 5.35b rupees, Beats Est. 3.91b; Revenue +36% Y/y to 34.4b
• • Nippon Life India AM (NAM): 4Q Net Income +5% Y/y to 1.75b rupees; Matches Est.; Revenue +12% Y/y to 3.38b
• • Omaxe (OAXE): Indian Property Firm Omaxe Gets INR4.4B Funding From Värde
• • PB Fintech (POLICYBZ): Appoints Alok Bansal Vice Chairman
• • United Breweries (UBBL): 4Q Net Income +68% Y/y to 1.63b rupees, Beats Est. 1.24b; Revenue +1.2% Y/y to 36.6b
• • Wipro (WPRO): To Acquire SAP Consulting Firm Rizing for $540M
• • Zydus Lifesciences (ZYDUSLIF): Says Zycov-D Vaccine Gets India Nod for 12 year & above