Six Stocks In News At Noon: Coal India, Dabur, Voltas Among Others

Shares of Punjab National Bank, Symphony, and Lupin Ltd. were among the stocks that made headlines around midday on Thursday, due to various financial developments.

The benchmark equity indices were trading mixed, with the NSE Nifty 50 down by 0.03% at 24,407 and the Sensex 0.07% higher at 80,805.

Here is a look at the stocks that saw major movement around midday.

Shares of Voltas Ltd. rose nearly 4% on Thursday around midday after it's fourth quarter profit doubled. The stock was trading in the green at Rs 1,288 apiece.

The Tata Group company's consolidated net profit surged 107% to Rs 241 crore from Rs 116 crore in the year-ago period, according to a stock exchange filing on Wednesday. The significant jump fell short of the projected Rs 264.1 crore by analysts tracked by Bloomberg. For the whole year, the bottom line more than tripled to Rs 841 crore.

Revenue for the fourth quarter was up 13% to Rs 4,767 crore, in comparison to Rs 4,203 crore reported in the same quarter last year. Earnings before interest, taxes, depreciation, and amortisation was up 75% to Rs 333 crore and the margin stood at 7%.

State-owned Punjab National Bank's share price rose as high as 1.64% on Thursday, after the lender posted a substantial rise in net profit for the final quarter of fiscal 2025. However, around noon it erased gains to trade 0.78% lower at Rs 93.51.

Standalone net profit of the bank during the quarter ended March 31, 2025 rose 52% to Rs 4,567 crore, compared to Rs 3,010 crore in the year-ago period.

The net interest income—the difference of interest earned and interest paid—for the quarter rose 4% to Rs 10,757 crore. This compares to Rs 10,363 crore reported in the corresponding quarter of the previous fiscal.

Operating profit rose 6% to Rs 6,776 crore, in comparison to Rs 6,416 crore in the same quarter last year.

Shares of Coal India Ltd. rose over 3% on Thursday after it reported its fourth quarter results. The stock was trading in the green at Rs 385.90 apiece around noon.

The state run coal supplier reported a 12% jump in profit at Rs 9,604.02 crore for the January-March quarter, compared to Rs 8,572.14 crore in the same period last year, according to an exchange filing on Wednesday. This compares to the Rs 8,414-crore consensus estimate of analysts tracked by Bloomberg.

The company's revenue declined marginally to Rs 37,824.54 crore for the quarter ended March. However, this was still above Bloomberg's estimate of Rs 36,638 crore.

Ebitda went up 3.5% to Rs 11,790.45 crore in comparison to Rs 11,332 crore posted in the same quarter last year. Margin for the quarter expanded to 31.2% from 29.8% in the fourth quarter of the previous fiscal.

The company also declared a final dividend of Rs 5.15 per share for fiscal 2025, which would be paid within 30 days from the date of declaration at the ensuing annual general meeting.

Additionally, the company has signed a non-binding agreement with AM Green Ammonia, for supplying renewable power to AM Green’s green ammonia project in Kandla.

Shares of Lupin were down nearly 2% around noon on Thursday after the company announced the launch of Eslicarbazepine Acetate Tablets, following the approval of its Abbreviated New Drug Application or ANDA from the USFDA. The medicine is used for treatment of partial-onset seizures. It had estimated annual sales of $395 million in the US.

The stock was trading in the red at Rs 2,053.50 apiece.

Symphony share price jumped as high as 12.33% at nearly Rs 1,348 apiece after the company's strong Q4 performance. Results came out on Wednesday, with revenue up 46.98% at Rs 488 crore versus Rs 332 crore.

Ebitda was up 87.71% at Rs 107 crore versus Rs 57 crore, while Ebitda margin grew 475 bps to 21.92% versus 17.16%. Net profit was up 89.65% at Rs 79 crore versus Rs 48 crore.

Shares of Dabur India Ltd. slipped in Thursday's trade, as brokerages held out a bleak outlook citing limited growth triggers, after the company's bottom line fell in the final quarter of fiscal 2025, as well as for the financial year. Shares fell as much as 4.36% at Rs 461.10 apiece around midday on Thursday.

Dabur reported a decline of 8.4% in net profit for the quarter to Rs 320.13 crore, while the bottom line for the full year also declined 4% to Rs 1,767.63 crore.

This propelled Citi and Macquarie's bearish takes on the FMCG major, with the former reiterating its 'sell' call with a target price of Rs 470. Macquarie maintained a 'neutral' call with target price to Rs 480.