Tata Motors, Eicher Motors, Zomato, Bank of Baroda, other stocks to track on Monday
Domestic equity benchmarks Nifty50 and Sensex inched about half a per cent higher on Friday in some respite for investors after falling 1.5 per cent each the previous day. Here's a list of stocks likely to be in focus in the next, May 13 session on Dalal Street.
At 8:21 am, Gift Nifty futures traded with a cut of 0.14 per cent or 32.1 points at 22,108.5, indicating subdued opening on the D-Street today. Domestic equity benchmarks Nifty50 and Sensex inched about half a per cent higher on Friday in some respite for investors after falling 1.5 per cent each the previous day. Here's a list of stocks likely to be in focus in the next, May 13 session on Dalal Street. The Sensex gained 260.3 points to end at 72,664.5 and the Nifty50 settled at 22,055.2, up 97.7 points for the day, led by gains in energy and FMCG shares though losses in IT stocks limited the upside.
On Monday, a bunch of stocks are likely to be focus, including Royal Enfield parent Eicher Motors, Tata Motors, Bank of Baroda, and Cipla. Check out the full list here:
Zomato, DLF among 60-odd companies due to report results on Monday
Zomato, DLF, Aditya Birla Capital, UPL, Sanofi India, Aarti Pharmalabs, JSPL, MapMyIndia, Chalet Hotels, Balkrishna Paper Mills, and Saint Gobain are among almost 60 companies scheduled to report their earnings on May 13.
Investors to react to Tata Motors, Eicher Motors, Bank of Baroda results
A bunch of companies have reported their quarterly numbers after the market hours on Friday, including Tata group auto giant Tata Motors, Royal Enfield parent Eicher Motors, Bank of Baroda, Union Bank of India, TVS Srichakra,D-Link India, Jaiprakash Associates, APL Apollo and CCL Products.
Tata Motors Q4 numbers miss analyst estimates on operational front
On Friday, the Tata group auto giant registered a 13.3 per cent year-on-year increase in revenue for the January-March period. Its margin expanded by 210 pts to 14.2 per cent.
Jefferies has maintained a 'buy' rating on Tata Motors after the earnings announcement, and raised its target for the Tata group stock to Rs 1,250 from Rs 1,100.
Eicher Motors Q4 margin falls just short of expectations
Royal Enfield parent Eicher Motors' quarterly net profit grew 18 per cent while revenue went up 11.9 per cent. The company's margin improved by 200 bps to 26.5 per cent.
Zee Business analysts had pegged the auto major's quarterly margin at 27.2 per cent.
Aarti Industries results largely meet expectations
Specialty chemical manufacturer logged an 11 per cent fall in its quarterly net profit though revenue grew 7.1 per cent. The company's margin improved by 80 bps to 16 per cent.
JK Cement results in line with estimates
JK Cement registered a two-fold increase in its quarterly net profit to Rs 220 crore, with an improvement of 540 basis points in its margin to 18 per cent.
Zee Business analysts had estimated the cement maker's quarterly margin at 19.2 per cent.
Zomato clocks record bookings on Mother's Day
Food delivery company Zomato has said that it received a record level of Mother's Day orders this year.
Kalyan Jewellers stages good Q4 show though margin shrinks
Kalyan Jewellers logged a 96 per cent year-on-year jump in its March-quarter net profit on the back of 34.1 per cent growth in revenue.
The jewellery manufacturer has said that it received strong demand in the domestic as well as Middle East markets on Akshaya Tritiya 2024.