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Stock Market Today: All You Need To Know Going Into Trade On May 26

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

<div class="paragraphs"><p>(Photo: Will Thomas/Unsplash)</p></div>
(Photo: Will Thomas/Unsplash)

Stocks in Asia rose -- tracking the Wall Street -- after minutes of the latest Federal Open Market Committee meeting indicated U.S. Federal Reserve had taken a less-than-anticipated hawkish tone on rate hike.

Equities in Japan, Australia and South Korea gained. U.S. futures fell after the S&P 500 recovered to register gains in a volatile session. The tech-heavy Nasdaq 100 outperformed.

The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose nearly 0.42% to 16,090 points as of 6:35 am.

Elsewhere, West Texas Intermediate crude rose 0.6% to $110.97 a barrel. Bitcoin hovered around $30,000.

Stock Market Today: All You Need To Know Going Into Trade On May 26

Earnings Post Market Hours

BPCL Q4 FY22 (Consolidated, YoY)

  • Revenue up 24% at Rs 1,23,217 crore

  • EBITDA down 6% at Rs 5,954 crore

  • EBITDA margin at 4.8% vs 6.3%

  • Net profit down 73% at Rs 2,803 crore

  • Recommended final dividend of Rs 6 per share

Coal India Q4 FY22 (Consolidated, YoY)

  • Revenue up 22.5% at Rs 32,706.77 crore

  • EBITDA up 41% at Rs 9,078.82 crore

  • EBITDA margin at 27.76% Vs 24.11%

  • Net profit up 46% at Rs 6,692.94 crore

  • Recommended final dividend of Rs 3 per share

Nalco Q4 FY22 (Standalone, YoY)

  • Revenue up 53.85% at Rs 4,340.82 crore

  • EBITDA up 71.46% at Rs 1,618.59 crore

  • EBITDA margin at 37.3% Vs 33.46%

  • Net profit up 9.6% at Rs 1,025.68 crore

Apollo Hospitals Enterprises Q4 FY22 (Consolidated, YoY)

  • Revenue up 24% at Rs 3,546 crore

  • Net profit down 46% at Rs 90 crore

  • EBITDA up 12% at Rs 463 crore

  • Margins at 13.1% vs 14.4%

  • Net profit down 46% to Rs 90 crore

InterGlobe Aviation Q4 FY22 (Standalone, YoY)

  • Revenue up 29% at Rs 8,021 crore

  • EBITDAR at Rs 172 crore vs Rs 648 crore

  • EBITDAR margin at 2.1% vs 10.4%

  • Net Loss of Rs 1,680 crore vs Rs 1,159 crore loss

Whirlpool of India Q4 FY22 (Standalone, YoY)

  • Revenue down 9.5% at Rs 1610.63 crore

  • EBITDA down 28.37% at Rs 135.84 crore

  • EBITDA margin at 8.43% vs 10.66%

  • Net profit down 35.7% at Rs 79.53 crore

  • Recommended final dividend of Rs 5 per share

Torrent Pharma Q4 FY22 (Consolidated, YoY)

  • Revenue up 10% at Rs 2,131 crore

  • EBITDA down 4% at Rs 561 crore

  • EBITDA margin at 26.3% vs 30%

  • Net loss at Rs 118 crore vs net profit of Rs 324 crore

  • Recommended final dividend of Rs 23/share

  • Approved issue of bonus shares in the ratio of 1:1

Bata India Q4 FY22 (Consolidated, YoY)

  • Revenue up 13% at Rs 665 crore

  • EBITDA up 44% at Rs 162 crore

  • EBITDA margin at 24.4% vs 19%

  • Net profit up 114% at Rs 63 crore

  • Recommended dividend of Rs 54.5 per share

Fortis Healthcare Q4 FY22 (Consolidated, YoY)

  • Revenue up 10% at Rs 1,378 crore

  • EBITDA up 12% at Rs 221 crore

  • EBITDA margin at 16.1% vs 15.8%

  • Net profit up 40% at Rs 87 crore

Religare Enterprises Q4 FY22 (Consolidated, QoQ)

  • Revenue up 15% at Rs 953 crore

  • Net loss at Rs 588 crore vs Rs 251 crore

  • EBIT profit at Rs 114 crore vs loss of Rs 108 crore

  • EBIT margin at 12% Vs -13%

Stocks To Watch

  • Tata Steel: The company acquired 3.55 lakh shares of Rs 10 each of wholly owned subsidiary Tata Steel Downstream Products at a premium of Rs 130.5 per share.

  • Vodafone Idea: The Government of India has received exemption from open offer to acquire 33.4% stake in the telecom company.

  • Aegis: Aegis Vopak terminals were successfully completed making it the largest independent tank storage company for LPG and chemicals in India.

  • Infosys: The company will collaborate with Palo Alto Networks to elevate the security-maturity of large enterprises and to help prevent the threat of cyberattacks on their critical infrastructure.

Earnings Today: Hindalco Industries, Zee Entertainment, Berger Paints, Piramal Enterprises, Quess Corp, Motherson Sumi Systems, Page Industries, Muthoot Finance, NMDC, Motherson Sumi Wiring India, Colgate Palmolive, Bharat Dynamics, Bharat Rasayan, Cummins, INEOS Styrolution India, Insecticides India, India Glycols, Kirloskar Industries

Insider Trades

  • Anant Raj: Promoter Group Roma Sarin bought 51,800 shares on May 23.

  • Geojit Financial Services: Promoter BNP Paribas SA sold 2 lakh shares on May 23.

  • Shriram City Union Finance: Promoter Group Shriram Value Services bought 3,565 shares on May 23.

  • IRB Infrastructure Developers: Promoter & Director Virendra Mhaiskar bought 1.65 lakh shares on May 24.

  • Kiri Industries: Promoter Manishkumar P Kiri sold 75,000 shares on March 26.

  • Godrej Agrovet: Promoter Godrej Industries bought 40 lakh shares on May 20.

  • Amber Enterprises: Promoter groups Amandeep Kaur and Sukhmani Lakhat bought 8,000 shares each on May 23.

Bulk Deals

  • Venus Pipes & Tubes: L7 Hitech bought 1.68 (0.83%) shares at Rs 350.9 apiece. New Berry Capitals bought 1.61 (0.79%) shares at Rs 338.15 apiece.

Opinion
Davos WEF 2022 | IEA's Fatih Birol Says Energy Crisis Will Reorient Global Trade

Who's Meeting Whom

  • Goodluck India: To meet investors and analysts on May 27.

  • CARE Ratings: To meet investors and analysts on June 1.

  • HT Media: To meet investors and analysts on May 27.

  • CCL Products: To meet investors and analysts on May 27.

  • India Pesticides: To meet investors and analysts on May 30.

  • Sunteck Realty: To meet investors and analysts on May 31.

  • Renaissance Global: To meet investors and analysts on June 1.

  • Colgate-Palmolive: To meet investors and analysts on May 26.

  • Clean Science & Tech: To meet investors and analysts on May 30.

  • Premier Explosives: To meet investors and analysts on May 27.

  • Saksoft: To meet investors and analysts on May 31.

  • DLF: To meet investors and analysts on May 26 and 27.

  • Restaurant Brands Asia: To meet investors and analysts on May 31.

  • Antony Waste: To meet investors and analysts on May 31.

  • Syngene: To meet DSP Mutual Fund on May 26.

  • Monte Carlo: To meet investors and analysts on May 31.

  • RailTel: To meet investors and analysts on May 31.

  • Techno Electric: To meet investors and analysts on May 31.

  • United Drilling Tools: To meet investors and analysts on May 31.

  • Oberoi Realty: To meet investors and analysts on May 30.

  • Nykaa: To meet investors and analysts on May 27.

Opinion
Is Diagnostics Headed For Price War The Telecom Way?

Trading Tweaks

  • Price Band Revised From 10% To 5%: Orchid Pharma

  • Price Band Revised From 20% To 5%: Alok Industries

  • Record Date Dividend: Tata Consultancy Services

  • Repayment of SPV Debt: Brookfield India Real Estate Trust

  • Record Date Interim Dividend: GRM Overseas

  • Record Date Income Distribution: India Grid Trust

  • Ex-Date Dividend: ITC

  • Ex-Date Buyback: Motilal Oswal Financial Services

  • Move Out Of Short-Term ASM Framework: TD Power Systems

Money Market Update

The rupee ended at Rs 77.52 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 77.58.

F&O Cues

  • Nifty May futures ended at 16,015.95, a discount of 9.85 points.

  • Nifty May futures shed 23.51% and 29,024 shares in Open Interest.

  • Nifty Bank May futures ended at 34,290.85, a discount of 48.65 points.

  • Nifty Bank May futures shed 28.28% and 18,544 shares in Open Interest.

Stock Market Today: All You Need To Know Going Into Trade On May 26

Research Reports

Opinion
ArcelorMittal Nippon May Review Rs 1-Lakh-Crore Capex As India Imposes Export Duty