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Stocks To Watch Today: Adani Ports, Delhivery, Metropolis, New India Assurance, Zomato

Here are the stocks to watch going into trade today.

<div class="paragraphs"><p>A trader works on his mobile phone and laptop. (Photo: Jason Briscoe/Unsplash)</p></div>
A trader works on his mobile phone and laptop. (Photo: Jason Briscoe/Unsplash)

Asian stocks fluctuated while U.S futures fell as traders weighed potential slowdown in the global economy and China's measures to boost growth.

Equities were volatile in Japan, Australia and South Korea. Nasdaq futures tumble after Snap Inc. said it would not meet revenue and profit forecasts for the second quarter. Futures of Meta Platforms Inc. and Alphabet Inc. tumbled following Snap's statement. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose nearly 0.5% to 16,253 points as of 6:30 am.

In focus today are U.S. President Joe Biden’s comments that China tariffs imposed by the Trump administration are being reviewed. Elsewhere, West Texas Intermediate crude fell 0.5% to $109.74 a barrel. Bitcoin fell nearly 4% to $29,000.

Here are the stocks to watch in today's trade

  • Maruti Suzuki: The carmaker has bought 12.09% stake in AI software company Sociograph Solutions for Rs 1.99 crore to create customised sales experience on the web, and in virtual and augmented reality.

  • Marico: The consumer goods maker has acquired 53.98% stake in healthy breakfast and snack company HW Wellness.

  • Natco Pharma: FMC Corporation has filed a suit against the company for a Process Patent in Delhi High court. The patent covers a process to prepare Chlorantraniliprole that is set to expire on Dec. 6, 2025.

Earnings Post Market Hours

Steel Authority of India Q4 FY22 (Consolidated, YoY)

  • Revenue up 32.1% at Rs 30,758.82 crore

  • EBITDA down 29.52% at Rs 4,337.56 crore

  • EBITDA margin at 14.1% vs 26.43%

  • Net profit down 28.56% at Rs 2,478.82 crore

  • Recommended final dividend of Rs 2.25 per share

Zomato Q4 FY22 (YoY)

  • Revenue up 75% at Rs 1,211 crore

  • EBITDA loss at Rs 449 crore vs EBITDA loss of Rs 154 crore

  • Net loss at Rs 360 crore vs net losss at Rs 134 crore

  • Gross Order Value at Rs 585 crore vs Rs 331 crore

  • Average monthly transacting customers: 1.57 crore vs 0.98 crore

Also Read: Zomato's Q4 Loss Widens Even As Revenue Jumps 75%

Bharat Electronics Q4 FY22 (Consolidated, YoY)

  • Revenue down 8.35% at Rs 6,339.81 crore

  • EBITDA down 20.36% at Rs 1,577.53 crore

  • EBITDA margin at 24.88% vs 28.64%

  • Net profit at 15.63% at Rs 1,154.2 crore

  • Recommended final dividend of Rs 1.5 per share

Ramco Cements Q4 FY22 (Consolidated, YoY)

  • Revenue up 4.88% at Rs 1713.4 crore

  • EBITDA down 34.32% at Rs 294.90 crore

  • EBITDA margin at 17.21% vs 27.48%

  • Net profit down 45.15% at Rs 118.57 crore

  • Recommended dividend of Rs 3 per share

The New India Assurance Company Q4 FY22 (Consolidated, QoQ)

  • Revenue down 8.2% at Rs 8,132.61 crore

  • EBITDA loss at Rs 945.52 crore vs EBITDA profit at Rs 93.41 crore

  • EBITDA margin at -11.63% vs 1.05%

  • Net loss at Rs 549.8 crore vs net profit at Rs 493.91 crore

  • Recommended final dividend of Rs 0.3 per share

Graphite India Q4 FY22 (Consolidated, YoY)

  • Revenue up 49.38% at Rs 844 crore

  • EBITDA up 12.82% at Rs 88 crore

  • EBITDA margin at 10.43% vs 13.81%

  • Net profit up 48.44% at Rs 95 crore

  • Recommended dividend of Rs 10 per share

  • Appointed MK Chhajer as chief financial officer

BirlaSoft Q4 FY22 (Consolidated, QoQ)

  • Revenue up 2.76% at Rs 1101.44 crore

  • EBIT up 7.35% at Rs 154.58 crore

  • EBIT margin at 14.03% Vs 13.43%

  • Net profit up 16.61% at Rs 132.89 crore

  • Recommended final dividend of Rs 3 per share

  • Approved buyback of up 78 lakh shares at Rs 500 apiece

Vaibhav Global Q4 FY22 (Consolidated, YoY)

  • Revenue down 8.7% at Rs 685.18 crore

  • EBITDA down 54.83% at Rs 38.36 crore

  • EBITDA margin at 5.6% vs 11.32%

  • Net profit down 60.9% at Rs 27.2 crore

Earnings Today: Adani Ports, Grasim Industries, Zee Media Corporation, Balrampur Chini, Dalmia Bharat Sugar and Industries, Ipca Laboratories, Jyothy Labs, RITES, Strides Pharma Science, Gujarat Alkalies and Chemicals, Asian Granito, e-Clerx Services, Bank of India, Aster DM Healthcare, Minda Industries, Metropolis Healthcare

Stocks To Watch Today: Adani Ports, Delhivery, Metropolis, New India Assurance, Zomato

Offering

  • Aether Industries: The company aims to raise as much as Rs 808 crore by issuing fresh stock worth Rs 627 crore at Rs 610-642 apiece and via an offer for sale of 28.20 crore shares by promoters and other selling shareholders. The company has raised Rs 236.52 crore from anchor investors.

Also Read: Aether Industries IPO: All You Need To Know

Listing Today

  • Delhivery: The IPO was subscribed 1.63 times.

  • Venus Pipes and Tubes: The IPO was subscribed 16.31 times.

Pledged Shares Details

  • Elgi Equipments: Promoter Group Elgi Rubber Company created a pledge of 6.64 lakh shares between May 17 and May 18.

  • Aurobindo Pharma: Promoter K Nityananda Reddy created a pledge of 4 lakh shares on May 19.

Insider Trades

  • Maharashtra Scooters: Promoter Group Bachhraj Factories bought 1,654 shares between May 18 and May 19.

  • Bajaj Holdings & Investment: Promoter Group Jamnalal Sons bought 35,025 shares between May 18 and May 19.

  • Mangalam Cement: Promoter Vidula Consultancy Services bought 5 lakh shares on May 20.

  • Geojit Financial Services: Promoter BNP Paribas bought 3.5 lakh shares on May 20.

Bulk Deals

  • ADF Foods: Sixth Sense India Opportunities III bought 9.2 lakh (4.18%) shares at Rs 700.67 apiece. Authum Investment & Infrastructure sold 10 lakh (4.55%) shares at Rs 700.67 apiece.

Who's Meeting Whom

  • Strides Pharma Science: To meet analysts and investors on May 25.

  • Rupa & Company: To meet analysts and investors on May 24.

  • AGS Transact Tech: To meet analysts and investors on May 30.

  • Info Edge (India): To meet analysts and investors on May 30.

  • Repco Home Finance: To meet analysts and investors on May 25.

  • Tube Investments: To meet IIFL Asset Management on May 26.

  • V-Mart Retail: To meet analysts and investors on May 26.

  • Cochin Shipyard: To meet analysts and investors on May 26.

  • Praj Industries: To meet analysts and investors on May 26.

  • Arvind Fashions: To meet analysts and investors on May 30.

  • J. Kumar Infraprojects: To meet analysts and investors on May 31.

  • RSWM: To meet analysts and investors on May 30.

  • Apollo Hospitals: To meet analysts and investors on May 30.

  • Galaxy Surfactants: To meet analysts and investors on May 24.

  • Astra Microwave: To meet analysts and investors on May 26.

  • Bodal Chemicals: To meet analysts and investors on May 27.

  • IndiaBulls Housing Finance: To meet analysts, investors on May 24.

  • Rolex Rings: To meet analysts and investors on May 24.

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

  • Shoppers Stop: To meet HDFC Mutual Fund on May 25.

  • GE Power: To meet analysts and investors on May 31.

  • Oriental Carbon: To meet analysts and investors on May 26.

  • Max Ventures: To meet analysts and investors on May 25.

  • Sagar Cements: To meet analysts and investors on June 3.

  • Varroc Engineering: To meet analysts and investors on May 30.

Trading Tweaks

  • Price Band Revised From 10% To 20%: JSW Energy

  • Price Band Revised From 20% To 10%: Nava Bharat Ventures

  • Price Band Revised From 20% To 5%: Orissa Minerals

  • Record Date Interim Dividend: Dolat Algotech, Coforge, Caplin

  • Record Date Final Dividend: Angel One

  • Ex-Date Interim Dividend: Kennametal India

  • Move Into Short-Term ASM Framework: JK Lakshmi Cement, Welspun Corp