Here’s a Quick Look at Stocks Likely to be in Focus in Today’s Trade.
Ashok leyland: For the first time since 2011, Ashok Leyland Announced A 1: 1 Bonus Share Issue. AlongSide this, the company declared a dividend of 4.25 per share, resulting in a total payout of 1,248 Crore. In the March Quarter, the company reported a 38.4 Percent year-on-Year Increase in Net Profit, which rose to 1,246 Crore, Aided Significantly by a One-Time Tax Credit of 173 Crore. Revenue for the Quarter Grew 5.7 Percent to 11,907 Crore.
NTPC: NTPC, The Larget Power Producer in the Country, Reported A 22.6 Percent Quarter-On-Quarter Increase in Profit, which rose to 5,778 Crore for the March Quarter. Revenue during the Quarter Stood at 43,903.7 Crore, Reflecting a Sequational Growth of 6 Percent.
JSW Steel: JSW Steel Posted A 15.7 Percent Year-On-Year Rise in Consolidated Net Profit to 1,503 Crore for Q4FY25. The performance was supported by lower coking coking coking coking coking and better operating margins, which contributed to improved Profitability.
Paras defense and space technologies: Paras defense and space technologies signed a strategic joint venture agreement with israel-based heaven draones. This partnership is set to enable the manufacturing of logistics and cargo draones in India. These draones are intended for both defense and civilian applications, marking a significant diversification in the company’s operational scope.
Glenmark pharmaceuticals: Glenmark pharmaceuticals reported a stable performance for the March Quarter. Revenue Increased 6.3 Percent Year-On-Year To 3,256 Crore, While Ebitda Rose by 11.2 Percent. The company’s adjusted network, excluding one-of items 347 Crore. It also also reported an ebitda margin of 17.2 percent for the Quarter.
Finolex Industries: Finolex Industries Reported A 5 Percent Year-On-Year Decline in Revenue, which came in at 1,171.8 Crore. Net profit remained steady at 165 Crore. However, the company decided margin pressure, with ebitda falling 18 percent to 171.3 Crore. Ebitda Margin Narrowed to 14.6 Percent from 16.9 Percent in the same Quarter of the Previous Year.
Ashoka Buildcon: Ashoka Buildcon reported a Strong 73.2 Percent Increase in Net Profit for the March Quarter, which rose to 432.2 Crore Compared to 249.6 Crore in the same period last year. Revenue for the Quarter Stood at 2,694.4 Crore, which was 11.7 Percent Lower Than 3,052 Crore reported in the corresponding Quarter of the Previous Year.
Ge Vernova T & D India: Ge Vernova T & D India Reported a Nearly Three-Fold Increase in its Net Profit for the March Quarter, which rose to 186.49 Crore, Driven by Higher Revenues. Total Income for the Quarter Increased to 1,173.65 Crore from 919.31 Crore a year earlier. For the full Financial Year 2024-25, The Company’s Net Profit Suried to 608.33 Crore from 181.05 Crore in the Previous Year, while Total Income Rose to 4,354.89 Crore from 3,190.46 Crore.
Jaiprakash Associates: Lenders of jaiprakash associates approved a planned cash expert of 936.27 Crore for the Ongoing Quarter. This Amount Includes 856.73 Crore Earmarked for Routine Operational Expenses and 79.54 Crore allocated for one-time costs, aimed at supporting the company’s efforts to sustain operations.
Havells India: Havells India Announced A 340 Crore Investment to Expand Cable Manufacturing Capacity at its Alwar Facility. Post-expansion, the total annual cable production capacity at the plant is expected to reach 41.45 Lakh Kilomets. This capital expert is intended to Cater to Rising Demand and Enhance Operational Efficiency.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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