Stocks in news: HAL, Eicher Motors, Airtel, Tata Motors, Cipla
Markets took a breather after a strong start to the week, ending Tuesday's session with a loss of over one percent. In today's trade, shares of
HAL
,
Eicher Motors
,
Airtel
,
Tata Motors
,
Cipla
among others will be in focus due to various news developments and fourth quarter results.
HAL, Eicher Motor, Tata Power, Shree Cements, Jubilant Food
Shares of HAL, Eicher Motor, Tata Power, Shree Cements and Jubilant Food will be in focus as the companies will announce their fourth quarter results today.
Tata Motors
Leading automaker Tata Motors reported 51% fall in its consolidated net profit at Rs 8470 crore in the quarter ended March 2025.
Bharti Airtel
Bharti Airtel posted strong growth of 432% YoY in its net profit at Rs 11,022 crore in the fourth quarter. The company, however said, profit adjusted for exceptional items rose 77% YoY to Rs 5,223 crore.
Metropolis Healthcare
Metropolis Healthcare reported 19% decline in its net profit at Rs 29 crore while revenues were up 4% at Rs 345 crore in the fourth quarter.
Bharti Hexacom
Bharti Hexacom reported 79% sequential growth in its net profit at Rs 468 crore in the fourth quarter, while revenue from operations improved 2% at to Rs 2,289 crore.
Aditya Birla Capital
Aditya Birla Capital posted a net profit of Rs 654 crore in the fourth quarter, while net interest income came in at Rs 1800 crore.
Tata Steel
Tata Steel has earmarked a capital expenditure of Rs 15,000 crore for its operations in India, the UK and the Netherlands in the current financial year.
Bank of India
Life Insurance Corporation (LIC) has hiked its stake in Bank of India (BoI) to 8.38% as of May 9.
Cipla
The US government's order to pharma firms to lower the cost of prescription medicines within 30 days will not impact Indian generic drugmakers, Cipla MD and Global CEO Umang Vohra said.
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First Post
15 minutes ago
- First Post
Israel attacks world's largest gas field in Iran: What will be the impact?
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Mint
29 minutes ago
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With consignments lying at Indian ports and many shipments in transit, exporters fear that any delay could cost them the critical mid-June to mid-July delivery window, before Iran begins harvesting its domestic rice crop. 'Iran typically imposes a seasonal import ban by mid-July to protect local farmers. If tensions persist, we could miss the shipment window entirely," said Satish Goel, president of the All India Rice Exporters Association (AIREA). India's rice exports to Iran rose to $757.30 million in FY25 from $689.80 million a year earlier, accounting for nearly 76% of India's total agricultural shipments to the country. Iran alone buys around one million tonnes of Indian basmati rice annually, or about 12% of India's total basmati exports, which stood at $5.94 billion in FY25. 'We are in a Catch-22 situation. With tensions escalating, many exporters have put their shipments on hold, even though consignments are already lying at the ports," Goel said. 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'The ongoing Iran-Israel conflict is expected to significantly impact India's trade with Europe, given that much of the cargo to the continent transits through the Red Sea and the Suez Canal," said S. Ramakrishna, former chairman and now advisor of the Federation of Freight Forwarders' Associations in India (FFFAI). India's exports to Europe stayed almost unchanged over the previous year at $98.34 billion in FY25, according to official trade data. Israel, which imports high-value Indian goods like pharmaceuticals and machinery, may also experience setbacks in port operations and air cargo services if the situation escalates.
