Companies in Spotlight: Shyam Metalics, Aurobindo Pharma, ACME Solar, PDS, Deep Industries, Godrej Consumer, CreditAccess, Jubilant FoodWorks to Drive Market Attention Today

Stock Market Update: Key Developments and Earnings

The Indian stock market is set for a busy trading session today, with several companies reporting their quarterly earnings and updates on significant investments, deals, and order wins. Here are the key highlights from the market:

Quarterly and Yearly Business Update

• Jubilant FoodWorks reported a 19.1% year-over-year (YoY) growth in consolidated revenue to Rs 2,505.8 crore, with standalone revenue increasing 6.2% to Rs 1,686 crore.
• Domino’s India recorded a like-for-like growth of 0.2%, while Domino’s Turkey reported a like-for-like growth of 9%.
• Fino Payments Bank added around 7 lakh new accounts, taking its total customer base to 1.75 crore, and saw a 96% growth in loan referral QoQ, with disbursements reaching around Rs 600 crore through partner institutions.
• CreditAccess Grameen reported a 14% YoY growth in gross loan portfolio to Rs 29,590 crore, with disbursements soaring 28% to Rs 8,313 crore.
• Gallantt Ispat saw a 14% YoY growth in power production to 2.23 lakh mega units, with pellets production surging 59% to 2.21 lakh MT and sponge production rising 38% to 2.44 lakh MT.
• Godrej Consumer Products expects a double-digit underlying sales growth, high-single digit underlying volume growth, and standalone EBITDA margins to sustain within the normative range.
• PC Jeweller reported a standalone revenue growth of 32% and successfully reduced its outstanding debt by 23% under the terms of the Joint Settlement Agreement.

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Stocks to Watch

• Aurobindo Pharma: The company's subsidiary, CuraTeQ Biologics, announced positive topline results from its Phase 3 study of BP11, an investigational biosimilar to Xolair (omalizumab).
• ACME Solar Holdings: The company commissioned the fifth phase of 76 MW / 160.512 MWh out of the total 285 MW / 601.904 MWh capacity of its Battery Energy Storage System (BESS) project in Jaisalmer, Rajasthan.
• PDS: The global fashion infrastructure platform entered into a Sourcing-as-a-Service (SaaS) contract with a leading US-based value retailer, with the potential to drive sourcing volumes of approximately Rs 450 crore.

Bulk Deals

• CKK Retail Mart: Craft Emerging Market Fund PCC sold 3.54 lakh shares (1.82 percent stake) for Rs 4.43 crore at a price of Rs 125 per share.
• Striders Impex: Upsurge Opportunities Fund 1 sold 1.39 lakh shares (0.74 percent stake) for Rs 93.26 lakh, while Longthrive Capital VCC sold 96,000 shares (0.51 percent stake) for Rs 64.32 lakh.

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SME Listing

• Vivid Electromech: Stock Trades Ex-Bonus
• Avax Apparels and Ornaments: Stock in F&O Ban
• Sammaan Capital: