A range of Indian companies are likely to be in focus on August 5, following several important updates related to leadership changes, quarterly earnings, business developments, and strategic tie-ups. Here’s a rundown of stocks that could see movement:
Tata Motors: The company has appointed PB Balaji, the current CFO, as the CEO of Jaguar Land Rover.
IndusInd Bank: Confirming earlier reports, the bank has named Rajiv Anand as MD & CEO for a three-year term.
Asian Paints: The company has extended its joint venture agreement with U.S.-based PPG Group for another 15 years.
Siemens Energy: Reported a 20% year-on-year revenue growth in Q3, with margins improving to 19% from 14%.
DLF: Q1 bookings rose 78% year-on-year, achieving over 50% of its full-year sales guidance.
United Spirits (USL): Q1 sales value increased 9.4% YoY, while the popular segment saw 13.6% YoY growth.
Sona BLW: Quarterly numbers were in line with expectations. The company said its battery electric vehicle (BEV) revenue is expected to improve ahead.
Bosch: Q1 mobility business revenue grew 14%, while EBITDA rose 22% YoY.
Aditya Birla Capital (AB Cap): Management stated it is on track to achieve a 2-2.2% RoA over the next eight quarters, with expected margin improvement.
BEML: Entered a non-binding MoU with TuTr Hyperloop to explore high-speed mobility solutions.
Angel One: Gross client acquisition rose 17% MoM, with the total client base growing 1.8%.
Godfrey Phillips: Reported 37% YoY increase in revenue and a 25% rise in EBITDA.
Globus Spirits: EBITDA rose 23% YoY; margins improved to 8.37% from 7.40%.
Butterfly Gandhimathi: EBITDA increased 35% YoY; margin expanded to 6.85% from 5.22%.
Inox India: EBITDA rose 9%, with profit up 16% YoY.
Azad Engineering: Posted a 50% rise in EBITDA; margin improved to 36% from 33%.
GPT Infraprojects: EBITDA increased 17%, and revenue rose 29% YoY.
Amber Enterprises: Received NCLT approval for a scheme of amalgamation.
Kaynes Technology: Signed an MoU with the Tamil Nadu government to set up manufacturing units with an investment of ₹4,995 crore.
Brigade Enterprises: Its hospitality arm signed a memorandum to lease a property at World Trade Center, Chennai, for 16 years.
JSW Energy: Acquired KSK Water Infrastructure for ₹962 crore under a settlement plan.
Aurobindo Pharma: Operating margin dropped to 20.4% from 21.4% QoQ; U.S. business revenue declined 13% sequentially.
Paytm: Antfin is likely to offload its entire 5.84% stake via block deals at a 6% discount to the current market price.
Onesource: EBITDA fell 52% QoQ, with margin declining to 27% from 43%.
Kansai Nerolac: Reported an 8% YoY drop in EBITDA; margin came in at 14% versus 15.5% a year earlier.
Triveni Turbine: EBITDA declined 22% YoY, while revenue fell 20%.
Delta Corp: EBITDA dropped 16% YoY, with margin narrowing to 21.4% from 26.6%.
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