Stock Market Today: All You Need To Know Going Into Trade On May 27

Stocks in Asia advanced on Friday after a recovery on Wall Street.

Japanese, Korean and Australian stocks gained. US futures were steady after S&P 500 rose from its lowest level in more than a year. The Nasdaq 100 added over 2%.

The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose nearly 0.50% to 16,257 points as of 6:50 am.

Elsewhere, West Texas Intermediate was at $113.85 a barrel. Bitcoin hovered around $29,000.

Hindalco Industries Q4 FY22 (Consolidated, QoQ)

• Revenue up 10.9% at Rs 55,764 crore Vs Rs 50,272 crore (Bloomberg estimate: Rs 53,387.4 crore)

• EBITDA down 0.4% to Rs 7,597 crore from Rs 7,624 crore (Bloomberg estimate: Rs 5,898.5 crore)

• EBITDA margins at 13.6% Vs 15.2% (Bloomberg estimate: 11%)

• Net profit up 4.8% to Rs 3,851 crore Vs Rs 3,675 crore (Bloomberg estimate: Rs 2,959.2 crore)

Zee Entertainment Q4 FY22 (Consolidated, QoQ)

• Revenue up 10% at Rs 2322.90 crore Vs Rs 2112.64 crore

• EBIT up 6% at Rs 439.15 crore Vs Rs 414.56 crore

• EBIT margin 18.91% Vs 19.62%

• Net profit fell 39% at Rs 181.93 crore Vs Rs 298.73 crore

• Recommended dividend of Rs 1 per share of face value of Rs 3 each

Berger Paints Q4 FY22 (Consolidated, YoY)

• Revenue up 8% at Rs 2,187.51 crore Vs Rs 2,026.09 crore

• EBITDA up 3.2% at Rs 346.44 crore Vs Rs 335.57 crore

• EBITDA margin 15.84% Vs 16.56%

• Net profit up 5.6% at Rs 220.29 crore Vs Rs 208.60 crore

• Recommended dividend of Rs 3.1 per share of face value of Rs 1 each

Piramal Enterprises Q4 FY22 (Consolidated, YoY)

• Revenue up 16% at Rs 573.64 crore Vs Rs 493.59 crore

• EBITDA fell 21% at Rs 232.35 crore Vs Rs 294.50 crore

• EBITDA margin 40.5% Vs 59.6%

• Net profit up 302% at Rs 316.23 crore Vs Rs 78.71 crore

• Recommended final dividend of Rs 33 per share of face value of Rs 2 each

Motherson Sumi Systems Q4 FY22 (Consolidated, YoY)

• Revenue up 28.5% at Rs 1,630.6 crore Vs Rs 1,269 crore

• EBITDA up 24% at Rs 215.66 crore Vs Rs 174.29 crore

• EBITDA margin 13.23% Vs 13.73%

• Net profit up 62% at Rs 397.27 crore Vs Rs 244.88 crore

• Recommended dividend of Rs 0.65 per share of face value of Rs 1 each

Muthoot Finance Q4 FY22 (Consolidated, QoQ)

• Revenue fell 4.27% at Rs 3,021.13 crore Vs Rs 3,155.78 crore

• EBIT fell 3.31% at Rs 2,364.29 crore Vs Rs 2,445.3 crore

• EBIT margin 78.26% Vs 77.5%

• Net profit fell 3.6% at Rs 1,006.22 crore Vs Rs 1,043.63 crore

Cummins Q4 FY22 (Consolidated, YoY)

• Revenue up 20% at Rs 1,502.12 crore Vs Rs 1,256.25 crore

• EBITDA up 23% at Rs 208.16 crore Vs Rs 169.75 crore

• EBITDA margin 13.86% Vs 13.51%

• Net profit up 28% at Rs 216.27 crore Vs Rs 168.56 crore

• Recommended final dividend of Rs 10.5 per share of face value of Rs 2 each

NMDC Q4 FY22 (Consolidated, YoY)

• Revenue fell 2% at Rs 6,702.24 crore Vs Rs 6,847.57 crore

• EBITDA fell 37% at Rs 2,682.57 crore Vs Rs 4,240.27 crore

• EBITDA margin 40% Vs 62%

• Net profit fell 36% at Rs 1,812.98 crore Vs Rs 2,835.54 crore

Bharat Dynamics Q4 FY22 (Consolidated, YoY)

• Revenue up 21.5% at Rs 1,381.07 crore Vs Rs 1,136.86 crore

• EBITDA up 17.4% at Rs 404.08 crore Vs Rs 344.3 crore

• EBITDA margin 29.3% Vs 30.3

• Net profit up 1.5% at Rs 264.36 crore Vs 260.36 crore

• Recommended dividend of Rs 1 per share of face value of Rs 10 each

AstraZeneca Q4 FY22 (Consolidated, YoY)

• Revenue up 10% at Rs 231.96 crore Vs Rs 210.25 crore

• EBITDA fell 7% at Rs 37.75 crore Vs Rs 40.4 crore

• EBITDA margin 16.3% Vs 19.2

• Net profit up 3% at Rs 27.98 crore Vs Rs 27.27 crore

• Recommended final dividend of Rs 8 per share

Bharat Rasayan Q4 FY22 (Consolidated, YoY)

• Revenue up 65% at Rs 444.78 crore Vs Rs 269.81 crore

• EBITDA up 32% at Rs 86.62 crore Vs Rs 65.62 crore

• EBITDA margin 19.5% Vs 24%

• Net profit up 38% at Rs 64.55 crore Vs Rs 46.8 crore

• Recommended final dividend of Rs 1.5 per share of face value of Rs 10 each

India Glycols Q4 FY22 (Consolidated, YoY)

• Revenue fell 7% at Rs 1,494.17 crore Vs Rs 1,604.14 crore

• EBITDA fell 8% at Rs 79.62 crore Vs Rs 86.73 crore

• EBITDA margin 5.3% Vs 5.4%

• Net profit fell 5.5% at Rs 67.08 crore Vs Rs 71 crore

• Recommended dividend of Rs 7.5 per share of face value of Rs 10 each

• BPCL: The government called off EoI process for divestment of its 52.98% stake. Owing to prevailing conditions in the global energy market, the majority of QIPs have expressed their inability to continue in the current process of disinvestment of BPCL, the government said.

• Tata Motors: The company incorporated a wholly owned subsidiary, TML Smart City Mobility Solutions for undertaking urban mass mobility business. It intends to bring specific focus to its Electric Vehicles segment as a service offering across its portfolio of commercial vehicles.

• ONGC: The company has allocated capital expenditure of Rs 31,000 crore in the next three fiscals (FY 2022-25) for exploration.

• Union Bank of India: The bank approved raising Rs 3,800 crore through Public Issue/Rights issue/private placement including QIP and Rs 4,300 crore via green/foreign currency denominated AT1 /Tier 2 bonds.

• Tata Power: The company’s subsidiary Tata Power Renewable Energy has commissioned 100 MW/138MWp project for Maharashtra State Electricity Distribution Company in Maharashtra. The installation is comprised of over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually.

• Torrent Pharma & Dr Reddy’s: Torrent Pharmaceuticals entered into an agreement with Dr. Reddy's Laboratories to acquire four of its brands -- Styptovit-E, Finast, Finast-T and Dynapress.

Earnings: GAIL India, Godrej Industries, JSW Steel, Jindal Steel & Power, PB Fintech, United Spirits, TCI Express, Unichem Laboratories, VRL Logistics, Sadbhav Infrastructure Projects, India Cements, Ircon International, Lemon Tree Hotels, GR Infraprojects, Glenmark Pharma, Fine Organics, Akzo Nobel India, Arvind Fashions, Astral, Crompton Greaves Consumer Electrical, BEML, Engineers India

Paradeep Phosphates: Shares to list today. The IPO was subscribed 1.75 times.

• Emami: Promoter Group Sneha Enclave created a pledge of 3.05 lakh shares between May 23 and May 24. Promoter Group Suraj Finvest created a pledge of 26.53 lakh shares between May 23 and May 24.

• Mukand: Promoter Group Bachhraj Factories bought 40,000 shares between May 20 and May 23.

• Apcotex Industries: Promoter Group Gauriputra Investments and Trading Company bought 1,280 shares on May 25.

• Zydus Wellness: Promoter Group Zydus Family Trust bought 36,319 shares on May 25.

• IRB Infrastructure Developers: Promoter & Director Virendra Mhaiskar bought 3.35 lakh shares on May 25.

• Orient Cement: Promoter Central India Industries bought 3.1 lakh shares between May 24 and May 25. Promoter Shekhavati Investments and Traders bought 1.45 lakh shares between May 24 and May 25.

• Heranba Industries: Promoter Raghuram K Shetty bought 4,000 shares between May 24 and May 25.

• Reliance Industrial Infrastructure: HRTI bought 90,209 (0.03%) shares at Rs 838.2 apiece. Om Prakash Banthia sold 78000 (0.02%) shares at Rs 820.47 apiece.

• NXTDigital: Hinduja Group bought 7 lakh (2.07%) shares at Rs 347 apiece. Aasia Corporation LLP sold 7 lakh (2.07%) shares at Rs 347 apiece.

• PB Fintech: To meet investors and analysts on May 28.

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

• Fiem Industries: To meet investors and analysts on June 1.

• Lux Industries: To meet investors and analysts on May 31.

• Welspun Corp: To meet investors and analysts on May 30.

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

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

• Oil India: To meet investors and analysts on June 3.

• City Union Bank: To meet investors and analysts on May 27.

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

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

• Garden Reach Shipbuilders: To meet investors and analysts on May 31.

• MAN Industries (India): To meet investors and analysts on May 30.

• Hindware Home Innovation: To meet investors and analysts on May 27.

• Dilip Buildcon: To meet investors and analysts on May 30.

• Aarti Industries: To meet investors and analysts on May 30.

• Edelweiss Financial Services: To meet investors and analysts on May 30.

• Eicher Motors: To meet investors and analysts on May 27.

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

• LT Foods: To meet investors and analysts on May 30.

• Radico Khaitan: To meet investors and analysts on May 30.

• Xelpmoc Design and Tech: To meet investors and analysts on May 30.

• Maharashtra Seamless: To meet investors and analysts on May 30.

• GR Infraprojects: To meet investors and analysts on May 30.

• Sharda Motor Industries: To meet investors

• Price Band Revised From 10% To 5%: Gulshan Polyols

• Record Date Buyback: Motilal Oswal Financial Services

• Ex-Date Interim Dividend: Manappuram Finance

• Ex-Date Annual General Meeting/Dividend: Solar Industries India

• Move Into Short-Term ASM Framework: Equitas Small Finance Bank

The rupee ended at Rs 77.57 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 77.52.

• Nifty May futures ended at 16,189, a premium of 18.85 points.

• Nifty May futures added 32% and 54,698 shares in Open Interest.

• Nifty Bank May futures ended at 35,257.15, a premium of 162.25 points.

• Nifty Bank May futures added 44.85% and 29,467 shares in Open Interest.

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