SOURCE : NEW18 NEWS
Last Updated:May 05, 2025, 08:14 IST
Stocks to watch: Shares of firms like SBI, Gensol, Adani Ent, TCS, Swiggy, DMart, Coforge, and others will be in focus on Monday’s trade
Several stocks will remain in focus on Wednesday due to multiple of developments.
Stocks to Watch on May 5: Domestic equity markets remained volatile on Friday, with sharp swings in the first half before settling flat. As trading resumes on Monday, several stocks will be in focus due to major earnings announcements and corporate updates.
Key Q4FY25 Earnings Scheduled Today
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A number of companies will release their fourth-quarter financial results, including Mahindra & Mahindra, Coforge, Indian Hotels Company, Bombay Dyeing & Manufacturing, CCL Products, Computer Age Management Services (CAMS), Capri Global Capital, Ethos, Cigniti Technologies, Jammu & Kashmir Bank, Unicommerce Esolutions, Nureca, and Zee Media Corporation.
Stocks In News
State Bank of India (SBI)
India’s largest lender, SBI, reported a 10% year-on-year (YoY) decline in net profit, which stood at Rs 18,643 crore for Q4FY25, compared to a record Rs 20,698 crore in the previous year. The bank’s net interest income (NII) grew by 2.7% YoY to Rs 42,775 crore, reflecting margin pressures.
Adani Enterprises
Adani Enterprises announced a capital expenditure plan of Rs 36,000 crore for FY26, marking a reduction from earlier projections. This follows a trend of downward revisions over the past two years. The company initially planned to spend Rs 3.92 lakh crore over five years starting FY25, with an average annual outlay of Rs 80,000 crore.
Gensol Engineering
Hundreds of BluSmart driver-partners staged protests across Delhi-NCR, demanding compensation and alternative employment after the electric ride-hailing company abruptly ceased operations. The drivers, left without work or clarity on next steps, are seeking support from the company.
Tata Consultancy Services (TCS)
TCS and IBM are collaborating to advance India’s quantum computing ecosystem. Under the Andhra Pradesh government’s Quantum Valley Tech Park project in Amaravati, IBM’s Quantum System Two will be installed, featuring a 156-qubit Heron quantum processor, making it the largest quantum computer in India.
Swiggy
Food delivery giant Swiggy announced that Bolt, its 15-minute food delivery service, is now operational in over 500 cities. Launched in October 2024, Bolt now accounts for 10% of all food orders on the platform, up from 9% in the previous quarter.
Kotak Mahindra Bank
Kotak Mahindra Bank reported a 14% YoY decline in net profit to Rs 3,551.7 crore for Q4FY25, while NII grew by 4.5% to Rs 7,283.6 crore. Total income rose 6.8% YoY, but higher operating expenses led to a 14.4% YoY increase in total expenditure. The bank’s net interest margin (NIM) stood at 4.96% for FY25.
Avenue Supermarts (DMart)
Avenue Supermarts, the parent company of DMart, reported a 2% decline in consolidated net profit at Rs 551 crore. Comparable store sales for two-year-old and older stores grew 8.1% YoY in Q4FY25, lower than the 10.3% growth recorded in Q4FY24.
IRCON International
Infrastructure PSU IRCON International secured a Rs 458.14 crore contract from the North Eastern Electric Power Corporation (NEEPCO). The contract, part of the Tato-I Hydro Electric Project in Arunachal Pradesh, covers civil works under Package I on an item-rate basis.
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- First Published:
May 05, 2025, 08:14 IST
