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Stocks To Watch: HCL Tech, Tata Elxsi, Tech Mahindra, Trent, SBI Life Insurance And Aurobindo Pharma

Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.

Stocks To Watch: HCL Tech, Tata Elxsi, Tech Mahindra, Trent, SBI Life Insurance And Aurobindo Pharma
Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.
Photo Source: Envato

Stocks of  HCL Technologies Ltd., Tata Elxsi Ltd., Tech Mahindra Ltd., Trent Ltd., SBI Life Insurance Ltd., Aurobindo Pharma Ltd. and L&T Finance Ltd. will catch investors' attention Tuesday.

Here are the notable corporate announcements that came after Tuesday's market hours:

Earnings In Focus

Bharat Coking Coal Ltd, Delta Corp Ltd, Havells India Ltd, L&T Technology Services Ltd, Maharashtra Scooters Ltd, Oracle Financial Services Software Ltd, SBI Life Insurance Company Ltd, Tata Communications Ltd, Tech Mahindra Ltd, Trent Ltd.

Earnings Post Market Hours

Persistent Systems (Q4, Cons)

  • Revenue up 7.4% at Rs 4,056 crore versus Rs 3,778 crore QoQ.
  • Ebit up 4.2% at Rs 659 crore versus Rs 632 crore QoQ.
  • Ebit margin down 40 bps at 16.3% versus 16.7% QoQ.
  • Net profit up 20.4% at Rs 529 crore versus Rs 439 crore QoQ.
  • Note: The board declared a final dividend of Rs 18 per share.

360 ONE WAM (Q4, Cons)

  • Revenue down 5.6% at Rs 1,115 crore versus Rs 1,181 crore QoQ.
  • Ebitda down 8.6% at Rs 663 crore versus Rs 725 crore QoQ.
  • Ebitda margin down 190 bps at 59.5% versus 61.4% QoQ.
  • Net profit down 11.8% at Rs 289 crore versus Rs 327 crore QoQ.
  • Note: The board declared an interim dividend of Rs 6 per share.

Cyient DLM (Q4, Cons)

  • Revenue down 13.8% at Rs 369 crore versus Rs 428 crore YoY.
  • Ebitda down 24.9% at Rs 43 crore versus Rs 57.4 crore YoY.
  • Ebitda margin down 170 bps at 11.7% versus 13.4% YoY.
  • Net profit down 27.7% at Rs 22.4 crore versus Rs 31 crore YoY.

Tata Elxsi (Q4)

  • Revenue up 4.2% at Rs 994 crore versus Rs 953 crore QoQ.
  • Ebit up 11% at Rs 221 crore versus Rs 199 crore QoQ.
  • Ebit margin up 140 bps at 22.3% versus 20.9% QoQ.
  • Net profit up at Rs 220 crore versus Rs 109 crore QoQ.
  • Note: The board declared a dividend of Rs 75 per share.

Rajratan Global (Q4, Cons YoY)

  • Revenue up 25% at Rs 314 crore versus Rs 251 crore.
  • Ebitda down 14.2% at Rs 28.6 crore versus Rs 33.3 crore.
  • Ebitda margin down 420 bps at 9.1% versus 13.3%.
  • Net profit up 1.5% at Rs 15.4 crore versus Rs 15.2 crore.

Tata Investment Corp (Q4, Cons YoY)

  • Revenue down 30.98% at Rs 39.98 crore versus Rs 57.92 crore.
  • Ebitda down 37.92% at Rs 29.59 crore versus Rs 47.67 crore.
  • Ebitda margin down 829 bps at 74.01% versus 82.3%.
  • Net profit down 15.33% at Rs 63.83 crore versus Rs 75.39 crore.
  • Note: The board declared a dividend of Rs 3.4 per share.

ALSO READ: Stock Market Highlights: Nifty, Sensex Extend Gains For Third Day, Post Best Day In A Week On Mideast Peace Hopes

Powerica (Q4, Cons)

  • Revenue up 8.3% at Rs 763 crore versus Rs 704 crore YoY.
  • Ebitda down 4.5% at Rs 78 crore versus Rs 81.7 crore YoY.
  • Ebitda margin down 140 bps at 10.2% versus 11.6% YoY.
  • Net profit up at Rs 95.8 crore versus Rs 27.8 crore YoY.

Sunteck Realty (Q4, Cons)

  • Revenue up 64.5% at Rs 3,390 crore versus Rs 2,060.5 crore YoY.
  • Ebitda up 35.5% at Rs 751 crore versus Rs 554.5 crore YoY.
  • Ebitda margin down 475 bps at 22.15% versus 26.9% YoY.
  • Net profit up 26.5% at Rs 63.8 crore versus Rs 50.4 crore YoY.

Central Mine Planning & Design Institute (Q4, Standalone)

  • Revenue up 11.7% at Rs 827 crore versus Rs 740 crore YoY.
  • Ebitda down 28.6% at Rs 238 crore versus Rs 333 crore YoY.
  • Ebitda margin down 1623 bps at 28.78% versus 45.01% YoY.
  • Net profit down 32.2% at Rs 188 crore versus Rs 277 crore YoY.

HCLTech (Q4, Cons QoQ)

  • Revenue up 0.3% at Rs 33,981 crore versus Rs 33,872 crore.
  • Ebit down 10.6% at Rs 5,620 crore versus Rs 6,285 crore.
  • Ebit margin down 210 bps at 16.5% versus 18.6%.
  • Net profit up 10.1% at Rs 4,488 crore versus Rs 4,076 crore.
  • Note: Board declared an interim dividend of Rs 24 per share.

Stocks To Watch

  • BEML: The company has secured a Rs 590 crore contract from the Ministry of Defence for the supply of Trawl Assemblies.
  • Aurobindo Pharma: The board has approved an Rs 800 crore share buyback, planning to repurchase 54.2 lakh shares at Rs 1,475 per share, representing a 6% premium to today's closing price.
  • Hindustan Zinc: The company's board will meet on April 24 to consider the declaration of its first interim dividend.
  • Jayaswal Neco Industries: The company's board is set to meet on April 24 to mull fundraising options, including a Qualified Institutional Placement (QIP).
  • L&T Finance: The company has allotted Non-Convertible Debentures (NCDs) worth Rs 500 crore on a private placement basis
  • JSW Energy: Its subsidiary, JSW Mahanadi Power Co, received a Rs 1,447 crore demand for water charges from Chhattisgarh, which the company has officially challenged in the High Court.
  • SBFC Finance: The board will meet on April 24 to discuss the potential issuance of NCDs and other debt securities.
  • PNC Infratech: The company has emerged as the L1 Bidder for construction orders worth a massive Rs 3,483 crore from the NHAI.
  • Tata Steel: The company has acquired a 26% stake in TP Adarsh, an arm of Tata Power Renewable, for an investment of Rs 6 crore.
  • AB Capital: The company's board will meet on May 4 to consider raising funds through various debt instruments.

ALSO READ: Trade Setup For April 22: Nifty Bulls Eye 24,700 Breakout As Index Extends Gains For Third Session

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