Stocks To Watch Today: ACC, Adani, Ambuja Cements, D-Mart, Maruti Suzuki, Paytm

Stocks in Asia and U.S. futures rose Monday following a rebound in Wall Street.

Equities advanced in Japan, Australia and South Korea. The Nasdaq 100 and S&P 500 contracts gaining, hinting at a breather amid the ongoing rout in markets.

The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose nearly 0.79% to 15,896.50 points as of 7:05 a.m.

China's central bank decision to cut interest rate for new mortgages to bolster its housing market and the loosening of Covid lockdown in Shanghai have aided the sentiment as well.

Elsewhere, West Texas Intermediate crude rose 0.2% to $110.68 a barre while Bitcoin recovered to near $31,000.

Here are the stocks to watch in today's trade:

• Adani Group via an offshore special purpose vehicle, has entered into definitive agreements for the acquisition of the Switzerland-based group Holcim's entire stake in two cement companies Ambuja Cements Ltd. and ACC Ltd. The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is nearly $10.5 billion, which makes this the largest ever acquisition by Adani Group. The deal translates into Rs 385 per share for Ambuja Cements and Rs 2,300 a share for ACC.

• State Bank of India: Raises MCLR Lending Rate by 10bps across tenors.

• Maruti Suzuki: The company finalised allotment of 800 acre of land for new manufacturing plant in Haryana to produce 2.5 lakh vehicles per annum. The new plant to be setup in IMT kharkhoda in Sonipat district with Harayana state industrial and infrastructure development corporation. The company will invest Rs 11,000 crore in the first phase.

• RITES: The company secured consultancy and supervision work order for construction of the East Bank-East Coast Road Linkage Project from government of Guyana for $32,04,420.

• Alkem Laboratories: MHRA had conducted an online inspection at the company’s Bioequivalence Center located at Taloja, Maharashtra. No critical or major observations were identified during the inspection.

• Future Retail: The company’s Chief Financial Officer C. P. Toshniwal resigned effective May 12.

• Nazara Tech: To give one free share for every share held.

• Paytm: Associate firm Paytm Insuretech Pvt. terminates the share purchase agreement to acquire 100% of Raheja QBE General Insurance Company. This comes after the share sale and purchase transaction were not consummated within the time period envisaged by the parties. Paytm remains bullish on roadmap for general insurance and intends to seek approval for new general insurance license, in while it will hold 74% majority shareholding upfront.

Earnings Post Market Hours

Tech Mahindra Q4 FY22 (Consolidated, QoQ)

• Revenue up 5.81% at Rs 12,116.3 crore Vs Rs 11,450.8 crore (Bloomberg Estimate: Rs 12,062.65 crore)

• EBITDA up 1.38% at Rs 2,088.40 crore Vs Rs 2,060 crore (Bloomberg Estimate: Rs 2,157.86 crore)

• EBITDA margin 17.24% Vs 17.99% (Bloomberg Estimate:17.88%)

• Net profit up 10.03% at Rs 1,505.7 crore Vs Rs 1,368.5 crore (Bloomberg Estimate: Rs 1,419.71 crore)

• Recommended final dividend of Rs 15 per share of face value of Rs 5

Avenue Supermarts Q4 FY22 (Consolidated, YoY)

• Revenue up 19% at Rs 8786.45 crore Vs Rs 7411.68 crore (Bloomberg Consensus Estimate: Rs 8721.3 crore)

• Net profit up 3% crore to Rs 426.83 crore Vs Rs 413.88 (Estimate: Rs 510.41 crore)

• EBITDA up 21% to Rs 739.28 crore Vs Rs 612.66 crore (Estimate: Rs 807.3 crore)

• Margins at 8.4% Vs 8.3% (Estimate: 9.3%)

Eicher Motors Q4FY22 (Consolidated, YoY)

• Revenue up 9% at Rs 3,193 crore vs Rs 2,940 crore (Bloomberg estimate: Rs 3,193 crore)

• EBITDA up 19% at Rs756.57crore vs Rs 635 crore (Bloomberg estimate: Rs711 crore)

• EBITDA margins at 23.7% vs 21.6% (Bloomberg estimate: 22.27%)

• Net profit up 16% at Rs 610 crore vs Rs 526 crore (Bloomberg estimate: Rs 596 crore)

• Appointed B Govindarajan as Chief Executive Officer

Bank of Baroda Q4FY22 (Standalone)

• Net interest income up 21% at Rs 8611.67 crore Vs Rs 7106.62 crore (YoY)

• Net profit of Rs 1,778.77 crore Vs Net loss of Rs 1,046.5 crore (YoY)

• GNPA 6.61% Vs 7.25% (QoQ)

• NNPA 1.72% Vs 2.25% (QoQ)

• Recommended dividend of Rs 1.2 per share of face value of Rs 2 each

REC Q4FY22 (Consolidated, QoQ)

• Revenue fell 4.02% at Rs 9,633.37 crore Vs Rs 10,037.05 crore

• EBIT fell 8.65% at Rs 8,190.5 crore Vs Rs 8966.1 crore

• EBIT margin 85.02% Vs 89.33%

• Net profit fell 17.02% at Rs 2,301.33 crore Vs Rs 2,773.44 crore

• Recommended final dividend of Rs 4.8 per share of face value of Rs 10

Amber Enterprises Q4 FY22 (Consolidated, QoQ)

• Revenue up 99% at Rs 1,936.69 crore Vs Rs 974.29 crore

• EBITDA up 70% at Rs 125.27 crore Vs Rs 73.63 crore

• EBITDA margin 6.47% Vs 7.56%

• Net profit up 80% at Rs 59.3 crore Vs Rs 32.93 crore

Balkrishna Industries Q4 FY22 (Consolidated, YoY)

• Revenue up 30.83% at Rs 2,374.21 crore Vs Rs 1,814.74 crore

• EBITDA fell 17.7% at Rs 503.08 crore Vs Rs 611.76 crore

• EBITDA margin 21.19% Vs 33.71%

• Net profit fell 1.34% at Rs 374.84 crore Vs Rs 379.95 crore

• Recommended final dividend of Rs 4 per share of face value of Rs 2 each

Carborundum Q4 FY22 (Consolidated, YoY)

• Revenue up 15% at Rs 869.29 crore Vs Rs 756.57 crore

• EBITDA fell 30% at Rs 110.92 crore Vs Rs 158.46 crore

• EBITDA margin 12.76% Vs 21%

• Net profit fell 37% at Rs 57.03 crore Vs Rs 90.53 crore

• Recommended final dividend of Rs 2 per share of face value of Rs 1

JK Paper Q4FY22 (Consolidated, YoY)

• Revenue up 49% at Rs 1,339.82 crore Vs Rs 898.16 crore

• EBITDA up 47% at Rs 335.98 crore Vs Rs 228.43 crore

• EBITDA margin 25.08% Vs 25.43%

• Net profit up 25% at Rs 170.17 crore Vs Rs 136.07 crore

• Recommended dividend of Rs 5.5 per share of face value of Rs 10 each

CESC Q4 FY22 (Consolidated, QoQ)

• Revenue up 6.5% at Rs 3,011 crore Vs Rs 2,826 crore

• EBITDA up 27.7% at Rs 696 crore Vs Rs 545 crore

• EBITDA margin 23.12% Vs 19.3%

• Net profit up 28.8% at Rs 424 crore Vs Rs 329 crore

Nazara Technologies Q4 FY22 (Consolidated, QoQ)

• Revenue fell 5.7% at Rs 175.1 crore Vs Rs 185.8 crore

• EBIT fell 91% at Rs 1.60 crore Vs Rs 18.4 crore

• EBIT margin 0.91% Vs 9.9%

• Net profit fell 78% at Rs 2.2 crore Vs Rs 10.3 crore

• Recommended bonus issue in 1:1 ratio

• Approved increase in authorized share capital from Rs 15 crore to Rs 30 crore

• Appointed Veerappan K.R as the Chief Financial Officer effective May 14.

Earnings To Watch

• Ami Organics

• Bharat Forge

• Century Plyboards (India)

• Dodla Dairy

• Fino Payments Bank

• Glaxosmithkline Pharmaceuticals

• Greenply Industries

• GRM Overseas

• Multi Commodity Exchange India

• Nava Bharat Ventures

• PDS

• RateGain Travel Technologies

• Raymond

• VIP Industries

Pledged Shares Details

• Jubilant FoodWorks: Promoter Jubilant Consumer created a pledge of 3.5 lakh shares on May 11.

• S H Kelkar and Company: Promoter Group Keva Constructions and Promoter Kedar Vaze revoked a pledge of 25 lakh shares each between May 11 May 12.

Insider Trades

• Mahindra CIE Automotive: Promoter Participaciones Internacionales Autometal, Dos S.L bought 1.02 crore shares on May 12.

• Usha Martin: Promoter Stuti Raghav Agarwalla bought 24,000 shares between May 11 and May 12. Promoter Amisha Jhawar bought 50,000 shares on May 11.

• MAS Financial Services: Promoter Kamlesh Chimanlal Gandhi bought 2,500 shares on May 12.

Bulk Deals

• Insecticides India: O J Financial Services sold 1.17 lakh (0.59%) shares at Rs 715.02 apiece.

• Vishnu Chemicals: Mohinani Harry Hassomal sold 61,473 (0.51%) shares at Rs 1281.95 apiece.

Who's Meeting Whom

• One97 Communications: To meet investors on May 21.

• Bharti Airtel: To meet investors on May 18.

• Bosch: To meet analysts and investors May 19

• Alembic Pharmaceuticals: To meet investors on May 16.

• Nocil: To meet investors on May 18.

• Kajaria Ceramics: To meet investors on May 17.

• Arvind: To meet investors on May 18.

• Cummins India: To meet investors on May 27.

• BHEL: To meet investors on May 21.

• Hindalco Industries: To meet investors on May 26.

• Nava Bharat Ventures: To meet investors on May 17.

• Orient Bell: To meet investors on May 18.

• Compuage Infocom: To meet investors on May 19.

Trading Tweaks

• Price Band Revised From 10% To 5%: Adani Transmission, Future Consumer

• Price Band Revised From 20% To 5%: Dhampur Sugar Mills

• Move Out Of Short-Term ASM Framework: Network18 Media & Investments, TV18 Broadcast