Stocks in news: Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank
Markets remained subdued for yet another session on Friday and ended largely flat. In today's trade, shares of Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank among others will be in focus due to various news developments and fourth quarter results.
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Food delivery company Eternal (formerly Zomato) saw its net profit fall by 78% year-on-year (YoY) to Rs 39 crore in the March 2025 quarter. Revenue from operations increased 64% YoY to Rs 5,833 crore.
Marico, IOB
Shares of Marico and Indian Overseas Bank will be in focus as the companies will announce their fourth quarter results today.
Adani Enterprises
Gautam Adani-led Adani Enterprises profit surged 752% year-on-year (YoY) to Rs 3,845 crore in the fourth quarter ended March 2025, due to an exceptional gain.
Adani Ports
Adani Ports on Thursday reported 50% growth in its consolidated net profit at Rs 3023 crore in the fourth quarter ended March 2024.
Hindustan Aeronautics
Advanced Light Helicopter (AHL) Dhruv Army and Air Force Versions cleared for operations on basis of recommendations of the Defect Investigation (DI) Committee.
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SBFC Finance
Pankaj Poddar resigned as the chief risk officer of the Bank with effect from April 30. VM Maneesh resigned as chief operations officer of the Bank with effect from May 15.
PNB Housing
Carlyle group entity Quality Investment Holdings PCC is likely to sell 10.44% stake in PNB Housing via block deals.
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NBCC
NBCC bagged work order worth Rs 95.66 crore from Sushma Swaraj Institute Of Foreign Service.
NTPC Green
NTPC Green declared 75 MW capacity out of 500 MW of Joint Venture IRCON Renewable as operational.
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Paytm
Paytm arm Paytm Cloud Technologies has incorporated its arm 'Paytm Arab Payments LLC' in the United Arab Emirates.
Nitco Tiles
Nitco Tiles received orders worth Rs 111 crore for tiles and marble from Prestige Estates Projects.
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One MobiKwik said arm Zaak ePayment received RBI authorisation to operate as online payment aggregator.
Bandhan Bank
Bandhan Bank reported a strong set of numbers in the March quarter as its profit soared 483% YoY to Rs 318 crore as compared to just Rs 55 crore in the year-ago period.
Adani Power
Adani Power reported a 4% fall in its Q4FY25 consolidated net profit to Rs 2,637 crore versus Rs 2,737 crore reported in the year ago period.
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