Stocks are likely to see active trading on April 28 after several companies reported their Q4FY25 earnings and corporate announcements. Here’s a quick look:
Positive developments:
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Jayaswal Neco reported a net profit of Rs 101.64 crore against Rs 2.03 crore a year ago, with revenue rising to Rs 1,675.27 crore from Rs 1,411.43 crore.
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Force Motors posted a net profit of Rs 434.7 crore versus Rs 140.3 crore YoY, with revenue growing to Rs 2,356 crore from Rs 2,011.2 crore.
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NRB Bearings recorded a net profit of Rs 94 crore against Rs 74 crore YoY, on revenue of Rs 242 crore versus Rs 190 crore.
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Kesoram Industries reported a net profit of Rs 5,765 crore, aided by demerger gains, compared to a loss of Rs 240 crore a year earlier.
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SBFC Finance, DCB Bank, RBL Bank all reported better-than-expected net profits.
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Chambal Fertilisers received a positive outlook revision from CRISIL.
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Shakti Pumps received a Rs 122.14 crore order from Haryana Renewable Energy Dept.
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Garden Reach Shipbuilders will sign a lease agreement with Syama Prasad Mookerjee Port, Kolkata.
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Emerald Finance partnered with PARK NEST HOTELS to launch an Early-Wage-Access program.
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Alembic Pharma commissioned a new manufacturing facility at Pithampur.
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Railtel secured a work order worth Rs 90 crore.
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BPCL unveiled a new LPG bottling plant at Hathua, Bihar.
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United Drilling, Dixon Technologies, India Glycols, JSW Steel, Biocon, Aurobindo Pharma (CuraTeQ Biologics), DDev, E2E Networks, Prozone Realty, Zydus Lifesciences, NTPC Green Energy, Harsha Engineers all announced positive developments.
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Amber and Optiemus are in talks with China’s Lianchuang Electronics for component manufacturing partnerships.
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Titan Company saw Rekha Jhunjhunwala raise her stake, a key positive trigger.
Neutral developments:
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Reliance Industries reported revenue of Rs 2.61 lakh crore versus a poll estimate of Rs 2.38 lakh crore; net profit at Rs 19,407 crore vs poll of Rs 18,928 crore.
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L&T Finance, Mahindra Holidays, Sasken Technologies, IDFC First Bank, Rossari Biotech, MRPL, BEPL, Vakrangee, Sarla Performance Fibers, Poonawalla Fincorp, OFSS, IGL, Tata Technologies, Zensar Technologies, RCF, Gateway Distriparks, MTNL, Kamdhenu Ltd, Brainbees Solutions, Amarjothi Spinning Mills, Axis Bank, Vodafone Idea, M&M Financial, Indigo, Apollo Tyres, NRB Bearings (new investment), BEML, GACM Technologies, Lloyd Engineering, Max India, HCL Technologies, Ami Organics announced neutral updates including ex-dividend dates, rights issues, and leadership changes.
Negative developments:
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Avantel reported a decline in net profit to Rs 6 crore from Rs 12 crore YoY.
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India Cements posted a widened net loss of Rs 75.6 crore.
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Lloyd Metals saw a sharp drop in profit to Rs 202 crore from Rs 277 crore.
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NDTV reported a net loss of Rs 61.97 crore.
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Navkar Corporation swung to a net loss of Rs 18.5 crore.
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Tejas Networks reported a net loss of Rs 62 crore versus a profit of Rs 150 crore YoY.
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Gensol Engineering faced a complaint from IREDA for falsified documents.
Traders and investors will closely watch the stock price reactions to these earnings announcements and corporate updates during today’s session.
Disclaimer: This article is for informational purposes only. Investors are advised to consult certified financial advisors before making any investment decisions.