Stocks To Watch Today: NCC, Bank of India, GR Infraprojects, Aster DM Healthcare, Infosys
.NCC Ltd., Bank of India Ltd., G R Infraprojects Ltd., Aster DM Healthcare Ltd. and Infosys Ltd. are set to see action going into trade on Friday.
NCC: The company received orders worth Rs 1,663 crore in April. Out of these orders Rs 1,082 crores relates to building division, Rs 581 crores retates to transportation division.
Bank of India: The company's board sanctioned the raising of capital of up to Rs 5,000 crore via the issue of Tier-I and Tier-II bonds valued at Rs 2,500 crore each.
GR Infraprojects: The company's subsidiary Agra Gwalior Highway Pvt. received construction order of Rs 4,263 crore from National Highways Authority of India for highway development.
Infosys: The company in an agreement with Yorkshire building society, a UK-based member-owned financial institution, to accelerate digital transformation. Infosys will help Yorkshire Building Society provide "data enabled" and "mobile first" banking services for their mortgage, commercial, and savings members.
Aster DM Healthcare: The company acquired 1.9 crore shares of Quality Care India for Rs 849 crore. The company completed the acquisition of 5% stake in Quality Care India through share swap.
Zaggle Prepaid Ocean Services: The company signed an agreement with Aster DM Healthcare. The agreement is to provide Zaggle Save for Employee expense management and benefits to Aster DM Healthcare.
The Great Eastern Shipping Co: The company approved voluntary liquidation of arm Greatship Oilfield Services.
One 97 Communications: The company arm Incorporates arm Paytm Arab Payments L.L.C In UAE..
UNO Minda: The company to set up a greenfield plant for four-wheeler electric vehicle powertrain products.
Post-Market Earnings
Godrej Agrovet Q4 Highlights (Consolidated, YoY)
Revenue down 0.5% to Rs 2,133.64 crore versus Rs 2,144.47 crore.
Ebitda down 7% to Rs 146.68 crore versus Rs 158.21 crore.
Margin at 6.9% versus 7.4%.
Net profit up 1% to Rs 66.10 crore versus Rs 65.48 crore.
Sona BLW Q4 Highlights (Consolidated, YoY)
Revenue down 2.2% to Rs 864.75 crore versus Rs 884.12 crore.
Ebitda down 6% to Rs 231.27 crore versus Rs 246.96 crore.
Margin at 26.7% versus 27.9%.
Net profit up 11% to Rs 163.68 crore versus Rs 148.08 crore.
Jindal Steel and Power Q4 (Consolidated, YoY)
Revenue down 2.25% at Rs 13183 crore versus Rs 13486 crore.
Ebitda down 7.11% at Rs 2271 crore versus Rs 2445 crore.
Ebitda margin down 90 bps at 17.22% versus 18.12%.
Net loss at Rs 339 crore versus profit of Rs 935 crore.
Exceptional loss of Rs 1,229 crore.
Indus Tower Q4 (Consolidated, QoQ)
Revenue up 2.38% at Rs 7727 crore versus Rs 7547 crore.
Ebitda down 37.17% at Rs 4396 crore versus Rs 6997 crore.
Ebitda margin down 3582 bps at 56.89% versus 92.71%.
Net profit down 3.99% at Rs 1779 crore versus Rs 1853 crore.
JSW Infrastructure Q4 Highlights (Consolidated, YoY)
Revenue up 17% to Rs 1,283 crore versus Rs 1,096 crore (Bloomberg estimate: Rs 1,267 crore).
Ebitda up 10% to Rs 641 crore versus Rs 582 crore (Bloomberg estimate: Rs 637 crore).
Margin expands to 50% vs 53% (Bloomberg estimate: 50.3%).
Net profit up 54% to Rs 509 crore versus Rs 330 crore (Bloomberg estimate: Rs 364 crore).
Federal Bank Q4 Highlights (Standalone, YoY)
Net Interest Income up 8% to Rs 2,377 crore versus Rs 2,195 crore.
Net profit up 13.7% to Rs 1,030 crore versus Rs 906 crore.
Net Interest Margin for the quarter up 3.21%
Gross NPA at 1.84% versus 1.95%.
Net NPA at 0.44% versus 0.49%.
Skipper Q4 Highlights (Consolidated, YoY)
Revenue up 11.6% to Rs 1,288 crore versus Rs 1,153 crore.
Ebitda up 14% to Rs 124 crore versus Rs 108 crore.
Margin at 9.6% versus 9.4%.
Net profit up 91% to Rs 48 crore versus Rs 25 crore.
Bandhan Bank Q4 Highlights (YoY)
Net profit up 482% to Rs 317.9 crore versus Rs 54.62 crore. (Bloomberg estimate: 467)
Net Interest Income sees 4% slip at Rs 2,756 crore versus Rs 2,859 crore. (Estimate: 2,880)
Net Interest Margin for the quarter stood at 6.7%.
Gross NPA at 4.71% versus 4.68%.
Net NPA at 1.28% versus 1.11%.
Sundram Fasteners Q4 Highlights (Consolidated, YoY)
Revenue up 4.4% to Rs 1,530.59 crore versus Rs 1,466.48 crore.
Ebitda down 2% to Rs 224.71 crore versus Rs 228.33 crore.
Margin at 14.7% versus 15.6%.
Net profit down 7% to Rs 124.49 crore versus Rs 134.41 crore.
Phoenix Mills Q4 Highlights (Consolidated, YoY)
Revenue down 22% to Rs 1,016.3 crore vs Rs 1,305.9 crore.
Ebitda down 11% to Rs 559.7 crore vs Rs 626.7 crore.
Margin expands to 55.06% vs 47.98%.
Net profit down 11% to Rs 346.5 crore vs Rs 388.8 crore.
The board recommended a final dividend of Rs 2.5 per equity share
Paras Defence and Space Technologies Q4 Highlights (Consolidated, YoY)
Revenue up 35.8% to Rs 108.23 crore versus Rs 79.69 crore.
Ebitda up 131% to Rs 28.29 crore versus Rs 12.25 crore.
Margin at 26.1% versus 15.4%.
Net profit up 117% to Rs 20.83 crore versus Rs 9.60 crore.
Approves splitting each share into two
Q4 Earnings - LG Balakrishnan (Consolidated, YoY)
Revenue up 10% at Rs 670 crore versus Rs 607 crore
Ebitda up 1% at Rs 102 crore versus Rs 101 crore
Margin At 15.2% Vs 16.6%
Net Profit up 24% at Rs 84 crore versus Rs 68 crore.
Earnings In Focus
Among the big names that are set to announce their results are Indian Overseas Bank and Godrej Properties.
V-Mart Retail, Archean Chemical Industries, Aether Industries, Ami Organics, City Union Bank, Gravita India, Jindal Saw, Latent View Analytics, Marico, Newgen Software Technologies, Parag Milk Foods, R R Kabel, Sunteck Realty, and Tatva Chintan Pharma Chem will be some of the other stocks who will announce their earnings.
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