Stocks To Watch Today: Bharti Airtel, DLF, Indian Oil, IndiGo, ITC, Jet Airways

Asian stocks rose Wednesday after a rally in U.S. stocks amid hopes of an easing crackdown on Chinese technology firms.

Treasuries fell after U.S. Federal Reserve Chair Jerome Powell said that the central bank "won't hesitate" to tighten monetary policy beyond neutral to address inflation under control.

Equity advanced in Japan and Australia. U.S. futures gained after the S&P 500 and Nasdaq 100 added at least 2%. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, was little changed at 16,271 points as of 6:00 am.

Crude rose to $114 per barrel. Bitcoin hovered around $30,300.

Here are the stocks to watch in today's trade:

• Motilal Oswal: The brokerage has approved buyback of 14.54 lakh shares at Rs 1,100 per share.

• Jet Airways: The airline successfully conducted proving flights over two days. It expects to get the air operator certificate from DGCA.

• Bharat Rasayan: A fire occurred at one block of the Dahej plant, and the cause of fire is under investigation. The company has full insurance coverage for the same.

• TVS Motor: The company will divest its entire stake in Intellicar to Fabric IOT for Rs 45 crore. The divestment is part of the value creation initiatives on its digital portfolio, said Rajesh Narasimhan, Director and CEO of TVS Digital.

• Zydus Lifesciences: The company will consider buyback of shares on May 20.

• EKI Energy: The company approved migration of from SME platform of BSE to Main Board of BSE.

Earnings: Aditya Birla Fashion and Retail, Barbecue Nation Hospitality, Arvind Ltd., Brookfield India Real Estate Trust REIT, Finolex Industries, Gujarat Pipavav Port, Granules India, Indraprastha Gas, InterGlobe Aviation (IndiGo), Indian Overseas Bank, ITC Ltd., JK Lakshmi Cement, LIC Housing Finance, Lupin, Manappuram Finance, Navneet Education, Pidilite Industries, Route Mobile, Sandur Manganese & Iron Ores, Shyam Metalics and Energy, TeamLease Services, Westlife Development

Earnings Post Market Hours

Bharti Airtel Q4 FY22 (Consolidated, QoQ)

• Revenue up 5.47% at Rs 31,500 crore

• EBITDA up 9.1% at Rs 16,040 crore

• EBITDA margin 50.92% vs 49.23%

• Net profit up 142% at Rs 2,007.8 crore

• ARPU up 7.2% at Rs 178 vs Rs 163

• Appoints two new independent directors

Indian Oil Q4 FY22 (Consolidated, YoY)

• Revenue up 26.14% at Rs 2,09,049.16 crore

• EBITDA down 0.47% at Rs 14,272.63 crore

• EBITDA margin 6.83% vs 8.65%

• Net profit down 26.38% at Rs 6,645.72 crore

• Recommended issue of bonus shares in the ratio of 1:2

• Recommended final dividend of Rs 3.6 per share

Dr. Lal Pathlabs Q4 FY22 (Consolidated, YoY)

• Revenue up 13% at Rs 486 crore

• Net profit down 27% at Rs 61 crore

• EBITDA fell 1% to Rs 121 crore

• EBITDA margin at 24.9% vs 28.3%

• EPS at Rs 7.41 per share Vs Rs 10.1

PI Industries Q4 FY22 (Consolidated, YoY)

• Revenue up 16.5% at Rs 1,395.2 crore vs Rs 1,197.1 crore

• EBITDA up 34.12% at Rs 305 crore vs Rs 227.4 crore

• EBITDA margin at 21.86% vs 19%

• Net profit up 13.68% at Rs 204.4 crore

• Recommended final dividend of Rs 3 per share

DLF Q4 FY22 (Consolidated, YoY)

• Revenue fell 9.65% at Rs 1,547.26 crore

• EBITDA fell 19% at Rs 367.54 crore

• EBITDA margin at 23.75% vs 26.50%

• Net profit fell 15.7% to Rs 405.33 crore

• Recommended dividend of Rs 3 per share

GMR Infrastructure Q4 FY22 (Consolidated, YoY)

• Revenue fell 17.48% at Rs 1,283.6 crore

• EBITDA fell 32% to Rs 534.15 crore

• EBITDA margin at 41.61% vs 50.5%

• Net loss at Rs 128.95 crore vs Rs 723.36 crore

EID Parry (India) Q4 FY22 (Consolidated, YoY)

• Revenue up 46.19% at Rs 5,667.34 crore

• EBITDA up 128.5% at Rs 619.04 crore

• EBITDA margin at 10.92% vs 7%

• Net profit at Rs 302.52 crore vs net loss of Rs 6.34 crore

IRB Infrastructure Developers Q4 FY22 (Consolidated, YoY)

• Revenue fell 10.72% at Rs 1,433.62 crore Vs Rs 1,605.84 crore

• EBITDA fell 15.6% at Rs 641.58 crore Vs Rs 760.08 crore

• EBITDA margin 44.75% Vs 47.33%

• Net profit fell 26.22% at Rs 162.07 crore Vs Rs 219.68 crore

Jubilant Ingrevia Q4 FY22 (Consolidated, YoY)

• Revenue up 89.4% at Rs 1,295.75 crore

• EBITDA up 12% at Rs 142.37 crore

• EBITDA margin at 11% vs 18.58%

• Net profit up 26.18% at Rs 68.59 crore

NOCIL Q4 FY22 (Consolidated, YoY)

• Revenue up 43.7% at Rs 462.74 crore

• EBITDA up 111.58% at Rs 114.93 crore

• EBITDA margin at 24.84% vs 16.87%

• Net profit up 84.62% at Rs 68.92 crore

• Recommended dividend of Rs 3 per share

Minda Corp. Q4 FY22 (Consolidated, YoY)

• Revenue up 19.35% at Rs 947.76 crore

• EBITDA up 21.08% at Rs 107.74 crore

• EBITDA margin 11.37% vs 11.21%

• Net profit up 39% at Rs 75.86 crore

• Recommended final dividend of Rs 0.7 per share