02-05-2025
Stocks To Watch: Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank, And Others
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Stocks to watch: Shares of firms like Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank, and others will be in focus on Thursday's trade
Stocks To Watch On May 2: Markets remained largely flat for another session on Wednesday. In Thursday's trade, the following stocks will be in focus due to quarterly earnings announcements and key news developments:
Marico, IOB: Both Marico and Indian Overseas Bank will announce their Q4 results today.
Eternal: The food delivery platform reported a 77.7% YoY drop in Q4FY25 net profit to Rs 39 crore from Rs 175 crore. Sequentially, profit declined 33.8% from Rs 59 crore.
Adani Enterprises: The group's flagship firm posted a more than sevenfold jump in Q4FY25 net profit to Rs 3,844.91 crore from Rs 450.58 crore, driven by exceptional gains.
HAL: The Advanced Light Helicopter (ALH) Dhruv variants for the Army and Air Force have been cleared for operations based on Defect Investigation Committee recommendations.
Jaiprakash Power Ventures: Reported a 73% drop in Q4 profit to Rs 155.67 crore from Rs 588.79 crore due to reduced income.
Adani Ports: Posted a 47% YoY jump in net profit to Rs 3,014.22 crore for Q4FY25, beating Bloomberg's estimate of Rs 2,662.1 crore.
Indus Towers: Reported a 4% YoY decline in Q4 profit to Rs 1,779 crore. However, the company noted improving industry outlook.
Bandhan Bank: Reported a 482% YoY surge in net profit to Rs 317.90 crore in Q4FY25, aided by lower provisions despite a 4% drop in net interest income.
Auto Stocks: Maruti Suzuki, Tata Motors, and others will be in focus post their April sales reports.
NCC: Secured orders worth Rs 1,582 crore in April—Rs 1,082 crore for Building Division and Rs 500 crore for Transportation.
JSW Energy: Its arm JSW Neo Energy signed a 1,500 MW/12,000 MWh Pumped Hydro Storage Power agreement with UPPCL, earning Rs 77.2 lakh/MW annually for 40 years.
HBL Engineering: Received Rs 145.83 crore contract from Western Railway to implement Kavach safety system over 428 km across 48 stations.
GR Infraprojects: Won Rs 4,262.78 crore DBFOT (Toll) project for Agra-Gwalior Greenfield Road spanning UP, Rajasthan, and MP.
One MobiKwik Systems: Its subsidiary Zaakpay received RBI nod to operate as an online payment aggregator.
Bank of India: Approved capital raising of up to Rs 5,000 crore in FY26 via Tier-I and Tier-II bonds. Transferred Rs 329.45 crore to SBI as share capital.
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First Published:
May 02, 2025, 08:25 IST
