Stocks to watch: Bharti Airtel, Tata Motors, HAL, Cipla among shares in focus today
Shares of HAL, Tata Power, Eicher Motors and Jubilant Food are expected to be in the spotlight today as these companies are set to release their fourth-quarter earnings.
Bharti Airtel reported a significant year-on-year increase of 432% in its net profit, reaching ₹ 11,022 crore for the fourth quarter. However, the company noted that after adjusting for exceptional items, the profit grew 77% YoY to ₹ 5,223 crore.
Tata Motors, a leading automobile manufacturer, reported a 51% decline in its consolidated net profit, which stood at ₹ 8,470 crore for the quarter ending March 2025.
Bharti Hexacom posted a 79% quarter-on-quarter increase in net profit, reaching ₹ 468 crore in the fourth quarter, while its revenue from operations rose by 2% to ₹ 2,289 crore.
The Defence Public Sector Undertaking (PSU) reported a 118.9% year-on-year increase in net profit, reaching ₹ 244.2 crore for the fourth quarter ending March 31, 2025.
Life Insurance Corporation (LIC) has increased its shareholding in Bank of India (BoI) to 8.38% as of May 9.
Tata Steel has allocated ₹ 15,000 crore for capital spending across its operations in India, the UK, and the Netherlands for the current financial year.
Aditya Birla Capital reported a net profit of ₹ 654 crore for the fourth quarter, with net interest income totaling ₹ 1,800 crore.
Umang Vohra, the Managing Director and Global CEO of Cipla, stated that the US government's directive for pharmaceutical companies to reduce prescription drug prices within 30 days will not affect Indian generic drug manufacturers.
The diagnostics chain reported a 19.4% decrease in its Q4 net profit, totaling ₹ 29 crore, compared to ₹ 36 crore in Q4FY24.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
14 minutes ago
- Mint
Citroen C3 Sport Edition details revealed ahead of launch. Here's what's on the card
Citroen C3 compact SUV is gearing up for a special edition, which is slated to launch soon. The compact SUV segment is one of the most in-demand categories in the Indian passenger vehicle market, but despite being present in the space, Citroen C3 is yet to capture a sizeable market share. The French auto giant is aiming to grab a chunk of the market pie with the upcoming special edition model. Speaking of the design and feature updates expected in the special edition model, the upcoming version of the Citroen C3 will come with a rally-inspired body decal and an interior theme. The seats of the SUV will receive red accents and 'Sport' badges. Adding more zing inside the cabin with new ambient lights, a wireless phone charger, and a dashcam. Besides that, other features will include accented air conditioning knobs, auto-fold ORVMs, automatic climate control, a 10.25-inch touchscreen infotainment system, a 7.0-inch instrument cluster, four-speaker audio system, and wireless Android Auto and Apple CarPlay, which are already available in the existing model. While the exterior and interior of the Citroen C3 Sport Edition will have a host of changes, mechanically, it will come unchanged. In that case, expect the same 1.2-litre turbocharged petrol engine to work under the hood of the Citroen C3 Sport Edition. This engine is capable of churning out 108.6 bhp peak power and 205 Nm of maximum torque. The transmission duty onboard the special edition would be done by a six-speed automatic gearbox. Expect the SUV to come with standard safety features including six airbags, ABS with EBD, ISOFIX mounts, tri-point seat belts, engine immobiliser, ESP, speed-sensing door lock, hill hold, TPMS, and a rear-view camera. Speaking of the price, the special edition will likely command a premium of ₹ 30,000 over the existing range-topping variant of the Citroen C3.
&w=3840&q=100)
Business Standard
17 minutes ago
- Business Standard
Three-nation tour opportunity to thank countries for support to India: PM
Prime Minister Narendra Modi on Sunday embarked on a three-nation tour—his first overseas trip since the Pahalgam terror attacks and India's subsequent missile strikes on terror infrastructure in Pakistan. The visit includes stops in Canada, where he will attend the G7 Summit, and in Cyprus and Croatia. The tour is scheduled to conclude on June 19. Over the next few days, will be visiting Cyprus, Canada and Croatia to attend various programmes, including bilateral meetings and multilateral engagements. — Narendra Modi (@narendramodi) June 15, 2025 Canada visit may help 'reset' strained ties In Canada, Modi is expected to engage in dialogue aimed at 'resetting' bilateral ties, which have been strained over the activities of Khalistani extremists in recent years. Intelligence sharing and other areas of cooperation are likely to be discussed. He is also expected to meet US President Donald Trump and other leaders of G7 member nations. The last Modi-Trump meeting took place in Washington in February, shortly after Trump assumed office. Focus on West Asia, AI, energy and global disruptions As per the Prime Minister's departure statement, the G7 Summit is likely to focus on the evolving situation in West Asia, particularly the Iran-Israel conflict and the Russia-Ukraine war. According to the Indian government, discussions will also cover 'crucial global issues, including energy security, technology and innovation, particularly the AI-energy nexus and Quantum-related issues'. The economic fallout of US tariffs may also surface during deliberations. 'This three-nation tour is also an opportunity to thank partner countries for their steadfast support to India in our fight against cross-border terrorism, and to galvanise global understanding on tackling terrorism in all its forms and manifestations,' Modi said. Global South, 50th anniversary of G7 in focus Modi is attending the G7 at the invitation of Canadian Prime Minister Mark Carney. He said the summit would provide a platform for discussions on global issues and priorities of the Global South. It will be Modi's first visit to Canada in 10 years. He is scheduled to land in Calgary on Monday after his stop in Cyprus. Strengthening India-Cyprus ties, message to Turkiye Calling Cyprus a 'close friend and an important partner in the Mediterranean and EU', Modi is scheduled to meet the President of Cyprus, address business leaders, and discuss the India-Middle East Economic Corridor (IMEC). The visit also carries strategic undertones. Cyprus's decades-old dispute with Turkiye, and Ankara's support for Pakistan during Operation Sindoor, add diplomatic weight to Modi's visit to Nicosia. India–Cyprus bilateral trade stood at $136.96 million in FY24. Cyprus ranks among India's top 10 investors, with cumulative investments of $14.65 billion between April 2000 and March 2025, according to DPIIT estimates. First-ever PM visit to Croatia In the final leg of the tour, Modi will travel to Croatia—marking the first-ever visit by an Indian Prime Minister to the country. India and Croatia enjoy cooperation across trade, investment, defence, and agriculture. Bilateral trade is approximately $300 million. Indian investments in Croatia total $48 million, while Croatian investments in India are around $6 million. India's 12th G7 participation, Modi's 6th This year marks the 50th anniversary of the G7. Although India is not a member, this is its 12th participation and Modi's 6th in the summit's Outreach Sessions. Key themes expected to be discussed include countering foreign interference, tackling transnational crime, ensuring energy security, accelerating the digital transition, securing critical mineral supply chains, and leveraging AI and quantum computing to boost growth.
Time of India
17 minutes ago
- Time of India
Indian EVs at risk! Delay in Beijing's rare earth magnets can decelerate auto sector growth; China tightens export rules
India's car industry could be in trouble as China's stricter control over rare earth magnet exports and shipment clearances delays may slow down electric vehicle production, Crisil Ratings said. The rating agency said that a disruption of even over a month can affect EV launches, production and push back the sector's growth trajectory. Rare earth magnets Rare earth magnets are low cost but crucial to permanent magnet synchronous motors (PMSMs) used in EVs and hybrids for their high torque and energy efficiency. In internal combustion engine (ICE) vehicles, rare earth magnets are primarily used in electric power steering systems and select other motorised components. China's restriction on export The alarm stems from Beijing's recent export restrictions, imposed in April 2025, on seven rare earth elements and finished magnets. The move, which mandates detailed end-use declarations and bans defence-linked or US-bound re-exports, has resulted in delayed clearances and growing shipment backlogs. 'With the clearance process taking at least 45 days, this added scrutiny has significantly delayed approvals. And the growing backlog has further slowed clearances, tightening global supply chains,' the report said, cited by ANI. India, which relied on China for over 80% of its 540-tonne magnet imports in the last fiscal, has began to feel the squeeze. Crisil revealed that by the end of May, around 30 import requests from Indian companies had received clearance from New Delhi — yet none had been approved by Chinese authorities, and no shipments had landed. 'The supply squeeze comes just as the auto sector is preparing for aggressive EV rollouts,' said Anuj Sethi, senior director at Crisil Ratings. 'Over a dozen new electric models are planned for launch, most built on PMSM platforms. While most automakers currently have 4-6 weeks of inventory, prolonged delays could start affecting vehicle production, with EV models facing deferrals or rescheduling from July 2025. A broader impact on two-wheelers (2W) and ICE PVs may follow if the supply bottlenecks persist for an extended period.' Passenger vehicle volumes are forecast to grow 2–4% in FY26, but EVs, starting from a lower base, are expected to rise 35–40%. Electric two-wheelers could expand 27%, outpacing the wider two-wheeler segment's 8–10% growth. Crisil warned that these projections could soften if supply constraints worsen. How is India dealing with Bejing's blow? The Indian government and automakers are now working on a twin-pronged strategy, in the short term, building strategic inventories, tapping alternative suppliers and stepping up domestic assembly under the Production Linked Incentive (PLI) scheme. In the long run, the focus is on reducing import dependency by accelerating rare earth exploration, creating local processing capabilities and investing in recycling. In the diplomatic arena, India has opened direct lines of communication with Beijing to stabilise supply flows. 'We are in touch with the Chinese side, both here in Delhi as also in Beijing to bring predictability in supply chain for trade, consistent with international practices' said ministry of external affairs spokesperson Randhir Jaiswal during a press briefing. Commerce and industry minister Piyush Goyal, meanwhile, described China's export restrictions as a 'wake-up call' for the world. Speaking during his visit to Switzerland, Goyal said India was actively working to develop alternate supply chains and positioning itself as a credible partner for global businesses looking to reduce dependence on China. China's dominance in rare earth processing, controlling over 90% of the global magnet output, has left industries worldwide vulnerable. These magnets are not only vital for EVs but also used across sectors such as home appliances and renewable energy. Efforts are also being made to diversify sources. At the recent India-Central Asia Dialogue in New Delhi, India and five Central Asian nations (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan) expressed interest in jointly exploring rare earths and critical minerals, potentially offering a longer-term buffer against global supply shocks. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
