Stocks in news: Apollo Hospitals, IndiGo, Tata Motors, BPCL, Vodafone Idea
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Markets began the June expiry on a muted note and ended marginally lower, continuing the ongoing consolidation phase. In today's trade, shares of Apollo Hospitals Vodafone Idea among others will be in focus due to various news developments and fourth quarter results.IndiGo CEO Pieter Elbers said that the three-month extension, granted till August 2025, for the 'damp-leased' aircraft from Turkish Airlines by DGCA will help the airline manage ongoing operations and customer commitments.Tata Motors reported a decline in overall sales, with total sales down 8.6% year-on-year at 70,187 units in May 2025, compared to 76,766 units last year, while domestic sales dropped 10% to 67,429 units.Total sales rose 17% year-on-year to 4.31 lakh units in May, compared to 3.69 lakh units last year, with two-wheeler sales up 16% at 4.16 lakh units versus 3.59 lakh units in the same period.BPCL board has approved an investment in a joint venture with Tikitar and Shell India, aimed at manufacturing and marketing bitumen products. Alembic Pharmaceuticals has received a Form 483 from the US FDA with four observations for its API-I and API-II manufacturing units at Panelav.Coal India has filed the draft red herring prospectus (DRHP) for its subsidiary Bharat Coking Coal Ltd (BCCL) with Sebi. The proposed IPO will be an offer for sale (OFS) of up to 46.57 crore shares by Coal India.Dr Reddy's said on Novo Nordisk's Semaglutide patents in India that the matter is currently sub-judice.Apollo Hospitals Enterprise reported fourth-quarter profit above market estimates on Friday, driven by higher demand for its healthcare services.Beauty products retailer Nykaa posted a fourth-quarter profit that nearly tripled year on year as premium brands continued to attract urban consumers.Debt-ridden telco Vodafone Idea reported narrowing of losses for the March quarter to Rs 7,166 crore and its board greenlit fundraising of up to Rs 20,000 crore subject to shareholders' approval and statutory nods.
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