Closing Indices

12 May 2022 

Bse Sensex Closed @ 52930.31 🔽 1158.08 Points 

Nse Nifty Closed @ 15808.00 🔽 359.10 Points 

Bank Nifty Closed @ 33532.15 🔽 1161.00 Points 

India VIX Closed @ 24.2650 🔼 1.4625 Points 

In News

Stocks in News

Birla Corporation: The company reported a 55.4 percent year-on-year decline in consolidated profit at Rs 111 crore for the quarter ended March 2022, impacted by higher power & fuel, input cost, and exceptional loss. Revenue grew by 6 percent to Rs 2,264.2 crore as compared to the year-ago period. 

Petronet LNG: The liquefied natural gas importer clocked a 24 percent year-on-year growth in consolidated profit at Rs 791 crore in Q4FY22, driven largely by strong topline. Revenue grew by 47.3 percent to Rs 11,160.4 crore compared to year-ago period. 

Lakshmi Machine Works: The company recorded a healthy 218 percent year-on-year growth in consolidated profit at Rs 82.72 crore in quarter ended March 2022, driven by strong topline and operating income. Revenue increased by 46 percent to Rs 998.5 crore compared to same period last year. 

Pfizer: Life Insurance Corporation of India acquired 2.03 percent equity stake in the company via open market transactions. With this, its shareholding in the company stands increased to 6.05 percent, up from 4.02 percent earlier. 

NCC: The construction company recorded a 97.4 percent year-on-year growth in consolidated profit at Rs 234 crore in quarter ended March 2022 despite weak operating income that was hit by higher input cost. Profitability was supported by entire stake sale in subsidiary NCC Virag Urban Infrastructure. Revenue grew by 23.5 percent to Rs 3,477 crore compared to same period last year. 

Hindalco Industries: Subsidiary Novelis Inc recorded a 21 percent year-on-year growth in net income at $217 million in March 2022 quarter driven by topline and lower tax cost. Net sales increased 34 percent to $4.8 billion compared to year-ago period, primarily driven by higher average aluminum prices and local market premiums. But adjusted EBITDA at $431 million fell 15 percent YoY primarily due to short-term operational cost challenges. 

Skipper: The power transmission & distribution structures manufacturer clocked a 177 percent year-on-year growth in profit at Rs 25.12 crore in quarter ended March 2022 led by higher operating income and margin performance (up 260 bps YoY). Revenue grew by 11 percent to Rs 552.65 crore and EBITDA increased by 44 percent to Rs 61.67 crore compared to year-ago period. Order inflow in Q4FY22 stood at Rs 271 crore, and the closing order book as on March 2022 stood at Rs 2,115 crore. 

Macrotech Developers: The real estate developer in partnership with Bain Capital and Ivanhoé Cambridge will develop a next-generation green digital infrastructure platform. The platform will jointly invest around $1 billion to create ~30 million square feet of operating assets to serve India's digital economy.

Corporate Updates

Today's Corporate Action 12th May Ex Date

COASTCORP Interim Dividend - Rs. - 2.0000
HDFCBANK Final Dividend - Rs. - 15.5000
INDIANCARD Special Dividend - Rs. - 25.0000
PGHL Interim Dividend - Rs. - 41.0000
SINCLAIR Buy Back of Shares
VIKRAMTH Bonus issue 4:1
VISAGAR E.G.M.

Today's Key Results/Board Meetings 12-May-22

AARTECH Half Yearly Results;Interim Dividend;Dividend;Audited Results;General
ABCAPITAL Audited Results
AGIOPAPER General
ANURAS Final Dividend;Audited Results
APCL Final Dividend;Right Issue of Equity Shares;Audited Results
APOLLOTYRE Dividend;Audited Results;General
ARCHITORG Final Dividend;Audited Results
AVANTI Dividend;Audited Results
BABA Quarterly Results;Audited Results
BRIGADE Final Dividend;Audited Results
CAPPL Interim Dividend;Audited Results
CAPRIHANS Audited Results
COFORGE Interim Dividend;Audited Results
CONFIPET Issue Of Warrants;General;Preferential Issue of shares
COSMOFE Audited Results
CREDITACC Audited Results
FERVENTSYN Audited Results
FOSECOIND Quarterly Results
GANESHHOUC Audited Results
GANGESSEC Dividend;Audited Results
GCKL Audited Results
GENUSPOWER Audited Results
GILLANDERS Quarterly Results;Audited Results
GLOSTERLTD Dividend;Audited Results
GREAVESCOT Final Dividend;Audited Results
GSPL Dividend;Audited Results
HARDCAS Audited Results;General
HCC Audited Results
HONAUT Dividend;Audited Results
HPAL Audited Results
ICRA Dividend;Audited Results
INANI Dividend;Audited Results
INNOVATORS Half Yearly Results;Audited Results
J&KBANK Quarterly Results;Audited Results
JMCPROJECT Final Dividend;Audited Results;General
JOLYPLS General
JOSTS Audited Results
KAYCEEI Final Dividend;Audited Results
KICL Audited Results
KSL Dividend;Audited Results
LT Final Dividend;Audited Results
LUMAXTECH Final Dividend;Audited Results;General
MATRIMONY Final Dividend;Buy Back of Shares;Audited Results
MENONBE Audited Results
MINDSPACE Quarterly Results;Dividend
NACLIND Final Dividend;Quarterly Results;Audited Results
NATPEROX Audited Results
NETPIX Audited Results
NITINSPIN Dividend;Audited Results
NUTRICIRCLE Audited Results;General
ODYSSEY Quarterly Results;Audited Results
ORCHIDPHAR Audited Results
OSWALEA Audited Results
PALASHSEC Dividend;Audited Results
PARAGONF Quarterly Results
PML Audited Results
POONAWALLA Final Dividend;Audited Results
PRADPME Final Dividend;Audited Results
PTL Dividend;Audited Results
RBLBANK Audited Results
RSCINT Audited Results
RTNPOWER Audited Results
SFL Employees Stock Option Plan;Audited Results
SIEMENS Quarterly Results
SKYLMILAR Audited Results
SOUTHBANK Audited Results
SPENCER Audited Results
SURBHIN Audited Results
SYSCHEM Preferential Issue of shares
TATAMOTORS Quarterly Results;Audited Results
TCFCFINQ Dividend;Audited Results
THIRDFIN Audited Results
TIINDIA Final Dividend;Audited Results;General
TRANOCE Quarterly Results;Audited Results
TVTODAY Final Dividend;Audited Results
UJJIVANSFB Audited Results
VARDHMAN Audited Results
VIDHIING Final Dividend;Quarterly Results;Audited Results
VIMTALABS Dividend;Audited Results
WATERBASE Quarterly Results;Dividend;Audited Results
WELENT Audited Results
WINDLAS Audited Results