Stocks to watch: Every day the movement of many companies in the stock market decides the attitude of investors. On Friday (May 23), important news related to the results and funding of some companies can affect the market move. There are strong indications from companies like ITC, Power Mech and Ola Electric, while HFCL and Sun Pharma have suffered a major setback. Let’s know which shares will be on the radar of investors.
Grassim Industries, the leading company of Aditya Birla Group, recorded a net loss of Rs 288 crore in the fourth quarter of FY 2025. The deficit is less than a loss of Rs 441 crore in the same quarter last year, but CNBC-TV18 is higher than an estimated loss of Rs 140 crore.
ITC’s March quarter has increased by Rs 289% to Rs 5,020 crore to Rs 19,562 crore in the March quarter. The company’s income also increased from 16,907 crores to Rs 18,494 crore, ie 9.3% growth. The main reason for this surge is an income of 15,179.4 crores received from Discontinued Operations. ITC has also declared a final dividend of ₹ 7.85 per share for this quarter.
BSE has given information about the reshuffle in the Sensex Top-30. It will have Tata Group’s Trent LTD and government company Bharat Electronics Limited (BEL). Nestlé India and Indusind Bank will be excluded. At the same time, Dixon Technologies, Coforge Ltd and Indus Towers Ltd will be included in BSE 100 IndEX. These changes will be applicable from June 23, 2025.
Tamil Nadu -based Ramco Cements Limited fell 74.5% to Rs 31 crore on an annual basis in the March quarter. In the same quarter of the last financial year, the company recorded a profit of Rs 121.4 crore. The CNBC-TV18 poll for this quarter was estimated at Rs 117 crore.
The company has performed brilliantly in the quarterly results. The profit in the March quarter rose by 53.8% to Rs 129.8 crore, compared to Rs 84.4 crore last year. Income has also recorded a tremendous lead of 42.4% and it was Rs 1,853.3 crore.
Sun Pharma’s profit declined to Rs 2,153.9 crore this time, which was Rs 2,658.7 crore in the same quarter last year i.e. 19% declined. However, the company’s income has increased by 8.1% to Rs 12,958.8 crore.
HFCL has suffered a major setback in this quarter. The company has come into loss and there has been a loss of Rs 81.4 crore in the March quarter, compared to 110 crores at the same time. The company’s income also declined by 39.6% to Rs 800.7 crore.
The company’s profit has come down by 23.5% to Rs 46.8 crore, compared to Rs 61 crore in the same quarter last year. However, the company’s income increased by 1.1% to Rs 1,747.8 crore.
Ola Electric has planned to raise up to Rs 1,700 crore through bonds. This fund will be collected on a private placement basis. The company’s stock closed at Rs 51.50 with a slight increase on Thursday.
The company’s profit has fallen by 38.8% to Rs 95.3 crore, compared to Rs 155.6 crore last year. However, income increased by 10.3% and it stood at Rs 642.8 crore.
The profit of this gas transport company has come down by 53.6% to Rs 220.3 crore. At the same time, the income has come down by 4.6% to Rs 4,477.5 crore, which was Rs 4,691.9 crore last year.
The company has announced that it will consider raising funds up to Rs 500 crore through NCDs or Bonds on Private Placement Bay on 27 June.
The company’s profit in the March quarter has come down by 17.8% to Rs 25 crore. However, income has increased by 13.3% to Rs 533.5 crore. The company’s stock rose by 1.71% to close at Rs 275.06.
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Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.
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