Stocks in news: Patanjali Foods, ITC Hotels, Tata Power, SBI, HUL, Balu Forge
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Markets traded within a narrow range on Wednesday following the preceding day's dip but managed to close slightly higher. In today's trade, shares of Patanjali Foods HUL , Balu Forge among others will be in focus due to various news developments and fourth quarter results.Shares of JSW Energy, PB Fintech, Patanjali Foods, Cochin Shipyard and ITC Hotels will be in focus as the companies will announce their fourth quarter results.Tata Power is looking to spend Rs 25,000 crore as capital expenditure (capex) in FY26 and the company is also keen to bid for two discoms in Uttar Pradesh, CEO Praveer Sinha said.Apollo 24|7, an omni-channel digital health platform, announced its foray into insurance with 'Apollo 24|7 Insurance Services' on Wednesday.Royal Enfield has posted its highest-ever quarterly sales, clocking 2,80,801 units in Q4 FY25, a 23.2% growth over the same period last year, parent company Eicher Motors announced. Balu Forge Industries reported a 123% year-on-year jump in its Q4FY25 net profit at Rs 63 crore versus Rs 28 crore in the year ago period.Realty firm Brigade Enterprises reported a 20% year-on-year (YoY) surge in net profit at ₹246.8 crore for the fourth quarter that ended March 31, 2025.Shilpa Medicare said Unit-1 Of arm Shilpa Pharma Lifesciences has received Establishment Inspection Report (EIR) From US FDA. The site is classified as Voluntary Action Indicated (VAI). State Bank of India will consider fund raising of up to $3 billion via public offer or other currency in FY26 on May 20.IREDA filed an insolvency application against Gensol Engineering for default of Rs 510 crore Hindustan Unilever received an observation letter with 'no adverse observations' from exchanges (NSE & BSE) on scheme of arrangement with Kwality Wall's India.
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