Several companies are in focus today, Monday, August 11, following notable earnings reports, regulatory approvals, and other corporate developments.
Stocks To Watch Today
Oil Marketing Companies (OMCs): The government has approved ₹30,000 crore as compensation for LPG under-recoveries.
Dr. Reddy’s Laboratories (DRL): The US FDA has issued an Establishment Inspection Report (EIR) for its CTO-5 manufacturing unit in Telangana, classifying it as “Voluntary Action Indicated” (VAI).
DOMS Industries: Q1 revenue rose 26% year-on-year (YoY), while EBITDA increased 14% YoY.
Lemon Tree Hotels: Average room rate increased 10% YoY, with EBITDA margin at 44.5% compared to 43% last year.
Power Mech Projects: EBITDA rose 49% YoY, margin improved to 13.2% from 11.3% a year ago.
Entero Healthcare: EBITDA increased 63% YoY, margin at 3.5% compared to 2.8% last year.
DCW Ltd: EBITDA grew 18.4% YoY, margin improved to 11.4% from 9% last year.
IDFC First Bank: Platinum Invictus B 2025 RSC received RBI approval for its proposed investment in the bank.
Brigade Enterprises: Launched ‘Brigade Cherry Blossom’ project in East Bengaluru, with revenue potential of ₹225 crore.
Shilpa Medicare: Received CDSCO approval for NorUDCA tablets, used in treatment of non-alcoholic fatty liver disease.
Zydus Lifesciences: Received final US FDA approval for Prucalopride tablets.
BEML: Secured its first overseas contract from Malaysia worth $1 million.
NIBE Ltd: Won export order from Israel for ship-mounted universal rocket launching systems.
ICICI Bank: Increased minimum balance requirement for new accounts effective August 1.
Tata Motors: Reported mixed Q1 results against muted estimates; volumes declined across categories.
Siemens: Q3FY25 EBITDA margin came in lower than estimates, net profit 7% below expectations.
Manappuram Finance: Q1 results below estimates; calculated NIM fell 80 bps quarter-on-quarter.
Home First Finance: Range Clove likely to sell its entire 10.3% equity stake via block deals at a 0-5% discount to CMP.
Voltas: Q1 results below estimates; margin declined to 4.5% from 8.6% YoY.
Ceigall India: EBITDA fell 24% YoY, margin down to 13% from 17.4%.
Dhampur Sugar: EBITDA declined 16.5% YoY, margin at 3% versus 4% last year.
Shipping Corporation of India: EBITDA fell 4% YoY, revenue down 13%.
Puravankara: Reported a net loss compared to profit last year; revenue fell 20% YoY.
TVS Supply Chain Solutions: EBITDA declined 2.2% YoY, margin at 6.83% versus 7.12%.
Suprajit Engineering: Margin fell to 9.47% from 11.74% last year; EBITDA declined 5.3% YoY.
