Indian stock markets today are expected to continue their upward trend amid reports that India has proposed zero tariffs on select US goods. Yesterday, on Thursday, the BSE Sensex closed at 82,530.74, gaining 1,200 points or 1.48%, while the Nifty 50 ended at 25,062.10, up 395.20 points or 1.6%.
Stocks to Watch Today
- Infosys Ltd: Extended its collaboration with DNB Bank ASA to support digital transformation initiatives.
- Crompton Greaves: Reported in-line revenue with profit and EBITDA exceeding market estimates.
- PB Fintech: Posted a 37% YoY increase in premium collections. Adjusted EBITDA also came in above analyst expectations.
- Kaynes Technology: Q4 earnings beat estimates with a 220 basis point YoY rise in margins.
- Patanjali Foods: EBITDA rose 37%, with margins improving to 5.3% from 4.6% YoY.
- Endurance Technologies: Delivered steady results with EBITDA up 8% YoY.
- SKF India: Reported a 33% YoY increase in EBITDA and margins improved to 23.4% from 17.7% YoY.
- LT Foods: EBITDA increased by 3.7%, while revenue rose 7.4% YoY.
- Tega Industries: EBITDA rose by 8%, and net profit increased 14% YoY.
- Global Health: EBITDA improved 25.2%, with margin expanding to 24.1% from 22.2% YoY.
- Garware Technical Fibres: EBITDA rose 7.4%, and revenue grew 13.2% YoY.
- Datamatics: Reported a 14.6% increase in EBITDA and a 20.4% growth in revenue YoY.
- Godrej Industries: EBITDA increased 29.6% with a shift to net profit from a loss YoY.
- Godfrey Phillips: EBITDA rose sharply by 41.2%, and revenue surged 79.8% YoY.
- Balrampur Chini: EBITDA grew 5.9%, revenue up 4.8% YoY.
- Allied Blenders: Margin improved to 14.8% from 7.8%, swinging to a net profit YoY.
- BLS International: Reported strong Q4 momentum with margin expanding to 25.10% from 20.20% YoY.
- Signature Global: Adjusted margin rose to 25% from 13% YoY, meeting FY25 pre-sales guidance.
- NCC Ltd: Net profit up 6%, margin at 9% vs 8.5% YoY.
- Medi Assist: EBITDA up 10%, revenue rose 13% YoY.
- PN Gadgil: EBITDA grew 5.7%, revenue increased 5% YoY.
- Bharti Airtel: Reports suggest Singtel sold a 0.80% stake via block deals at a 3.6% discount to CMP.
- JSW Energy: Revenue and EBITDA came in below estimates; margins declined to 37.9% from 42.6%.
- IndusInd Bank: Found ₹674 crore of incorrect interest income in its microfinance unit and ₹595 crore in unsubstantiated balances.
- JSW Infrastructure: Sajjan Jindal Family Trust reportedly plans to sell up to 4.2 crore shares at a 3% discount to CMP.
- Alkem Laboratories: Reported a cybersecurity incident in its US subsidiary involving fraudulent fund transfers.
- Neuland Labs: Q4 performance missed estimates with EBITDA falling 52.4% YoY and margin declining to 15.5% from 27.8%.
- Pricol Ltd: Margin dropped to 10.4% from 12.7% YoY, net profit down 15.9%.
- Bikaji Foods: EBITDA declined 67%, margin reduced to 12% from 36.5% YoY.
- GR Infraprojects: Reported a 27% decline in net profit, revenue down 8.5% YoY.
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