Indian Stocks to Watch: Texmaco Rail, RVNL, PNC Infratech, Dr Reddy's Labs, MTAR Technologies, Cohance Life, Gopal Snacks, Kalpataru Projects in Focus
Key Earnings and Deal Announcements to Watch Out for in Today's Trade
The stock market is set to witness a flurry of activity today as several prominent companies release their quarterly earnings. A total of 22 companies, including Cipla, TVS Holdings, TVS Motor Company, Hindustan Petroleum Corporation, Oil India, and Balaji Amines, among others, will announce their Q4 earnings.
Quarterly Earnings Comparison
| Company | Profit (YoY) | Revenue (YoY) |
|---|---|---|
| Dr Reddy's Laboratories | -86.2% | -11.6% |
| Tata Power Company | -4.5% | -12.8% |
| Torrent Power | -70% | -0.8% |
| Nazara Technologies | 14-fold | -23.5% |
| Pfizer | -39.6% | 6.3% |
| Sagility | 41.2% | 29% |
| Kalpataru | 14-fold | 183.8% |
| Neuland Laboratories | 8-fold | 136.4% |
| Dixon Technologies | -36% | 2.1% |
| Berger Paints | 27.8% | 6.1% |
| Thomas Cook (India) | -40.1% | -10% |
| Gopal Snacks | - | 29% |
| Texmaco Rail & Engineering | 45% | -13.3% |
| Cohance Lifesciences | -83.8% | -26.3% |
| MTAR Technologies | 222.8% | 67.2% |
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Deal Announcements
Several companies have announced significant deals in recent days, including:
- Rail Vikas Nigam has emerged as the lowest bidder for EPC work worth Rs 221.3 crore from South East Central Railway.
- PNC Infratech has executed a settlement agreement with the National Highways Authority of India for an amount of Rs 234.99 crore.
- Texmaco Rail & Engineering has received a Letter of Award worth Rs 4,045 crore from Tsiko Africa Logistics (Pty) and Barberry Holdings (Pty) for rolling stock freight wagons, locomotives, components, and their long-term maintenance.
- Interarch Building Solutions has received a contract worth Rs 102 crore for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system from a customer.
- Vodafone Idea will consider the standalone and consolidated audited financial results of the company for Q4FY26 and evaluate a proposal for raising funds through the issuance of equity shares and/or warrants on a preferential basis on May 16.
- United Breweries has said a tax demand order worth Rs 275 crore has been reduced to nil by the Maharashtra Sales Tax Tribunal.
Bulk Deals
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Several prominent investors have made significant bulk deals in recent days, including:
- Billionbrains Garage Ventures has seen marquee investors YC Holdings, Ribbit Capital, and Peak XV Partners cumulatively sell shares worth Rs 5,326 crore, representing a 4.7 percent stake in the company.
- Fedbank Financial Services has seen True North Fund VI LLP, managed by True North Managers, sell 2.56 crore shares (a 6.86 percent stake) for Rs 385.4 crore to Nomura.
Investor Takeaway
Monitor quarterly earnings of these companies for potential market impact.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
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