Closing Indices

04 MAY 2022 

Bse Sensex Closed @ 55669.03 🔽 1306.96 Points 

Nse Nifty Closed @ 16677.60 🔽 391.50 Points 

Bank Nifty Closed @ 35264.55 🔽 899.20 Points India 

VIX Closed @ 21.8775 🔼 1.5950 Points

IN News

Stocks in News

Tata Steel: The company reported a consolidated net profit at Rs 9,835.12 crore in Q4FY22, up 37 percent YoY, and revenue grew by 39 percent YoY to Rs 69,323.50 crore. Tata Steel India showed a 34 percent growth YoY and Tata Steel Europe clocked a massive 53 percent growth. The firm also announced a stock split at 10:1. 

RailTel Corporation of India: The state-owned telecom infrastructure provider has received a work order from Madhya Pradesh State Electronics Development Corporation. The company will act as a system integrator for the expansion of SDC and the establishment of a disaster recovery centre. The work order is worth Rs 97.64 crore. 

Voltas: The home appliances company has executed the joint venture agreement with Hong Kong-based Highly International, a wholly owned subsidiary of Shanghai Highly (Group) Company. The company will do a design, manufacturing, sale and service of inverter compressors for room air-conditioners, motors for inverter compressors, and their associated parts. 

Astec Life Sciences: The agrochemical active manufacturer clocked a massive 80 percent year-on-year growth in profit at Rs 43 crore driven by strong realisations in export markets and healthy volume growth in contract manufacturing. Revenue grew by 58 percent to Rs 272 crore and EBITDA increased by 82 percent to Rs 72 crore with 345 bps improvement in margin compared to the corresponding period last fiscal.

Britannia Industries: The Wadia group food company registered a 5 percent year-on-year growth in consolidated profit at Rs 378 crore for the quarter ended March 2022. Revenue from operations rose 13.4 percent to Rs 3,550.5 crore and EBITDA increased by 8.8 percent to Rs 550 crore compared to the corresponding period last fiscal. It delivered a mid-single-digit volume growth during the quarter. 

Jindal Stainless: The company clocked a 156 percent year-on-year growth in Q4FY22 profit at Rs 750 crore with EBITDA rising 55 percent to Rs 842 crore and revenue climbing 68 percent to Rs 6,564 crore compared to the year-ago period. The domestic business contributed 68 percent to sales volumes, and exports' contribution stood at 32 percent in March 2022 quarter doubled from 16 percent in the same period last year. 

JSW Energy: The power generation company recorded a massive 8 times year-on-year growth in consolidated profit at Rs 864.3 crore in Q4FY22, with EBITDA climbing 79 percent YoY to Rs 1,131.8 crore led by a one-time reversal of provision due to tariff true-up order of the Karcham Wangtoo plant. Revenue during the quarter increased by 55.5 percent to Rs 2,440.7 crore compared to the corresponding period last fiscal, with generation higher by 15 percent on higher long term sales. 

Adani Wilmar: The packaged food FMCG company has acquired the Kohinoor brand from McCormick Switzerland GMBH for an undisclosed amount. The acquisition would give Adani Wilmar exclusive rights over the brand 'Kohinoor' basmati rice along with ‘Ready to Cook', ‘Ready to Eat' curries and meals portfolio in India. Also, it will strengthen the company's position in the basmati rice business. 

Titan Company: The jewellery-to-watch major clocked a 7.2 percent year-on-year decline in standalone profit at Rs 491 crore in the quarter ended March 2022 with revenue rising 2 percent to Rs 7,276 crore during the same period amid partial lockdowns, volatility in gold prices and uncertainty in a fragile geopolitical situation. At the operating level, EBITDA dropped 1.6 percent to Rs 782 crore and margin fell by 40 bps to 10.7 percent compared to the year-ago period.

Corporate Actions

Today's Corporate Action 4th May Ex Date

GATEWAY Interim Dividend
SINDHUTRAD E.G.M.


Today's Key Results/Board Meetings 4-May-22

ABB Quarterly Results
ADANIGREEN Audited Results
ADROITINFO Preferential Issue of shares
APTECHT Audited Results;Dividend
ATGL Audited Results;Final Dividend
BALFC Audited Results;Bonus issue;Increase in Authorised Capital;General;Quarterly Results
BLACKROSE Audited Results;Final Dividend
BOMDYEING Audited Results;Final Dividend;General
CARTRADE Audited Results
CIGNITI Audited Results;Employees Stock Option Plan;Final Dividend;General
CYBERTECH Audited Results;Final Dividend
DEEPAKNI Audited Results;Dividend
DHAMPURSUG General
DILIGENT Audited Results
DRAGARWQ Audited Results;Final Dividend
EIHOTEL Audited Results
EQUITASBNK Audited Results
GOCOLORS Audited Results
HAVELLS Audited Results;Final Dividend
IIFLWAM Audited Results
KANANIIND Audited Results;General
KOTAKBANK Audited Results;Dividend
LXCHEM Audited Results;Dividend;Preferential Issue of shares
MAHEPC Audited Results
MANOMAY Audited Results
MASFIN Audited Results;Final Dividend;General
OFSS Audited Results;Dividend
RAIN Quarterly Results
RAP General
SACHEMT Audited Results
SADHNA Stock Split
SATIN Audited Results
SCANPRO General
SIS Audited Results
SMAUTO General
TAINWALCHM General
TANTIACONS General
TATACONSUM Audited Results;Final Dividend;General
TCIDEVELOP Quarterly Results
THAMBBI Audited Results
VOLLF General