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Stocks To Watch Today: Ashok Leyland, Concor, Godrej Consumer, HPCL, NTPC

Here are the stocks to watch going into trade today..

<div class="paragraphs"><p>A person works on a laptop computer. (Photo: Avel Chuklanov/Unsplash)</p></div>
A person works on a laptop computer. (Photo: Avel Chuklanov/Unsplash)

Equities in Asia and US futures rose on Friday even as concerns over global economic outlook and China’s Covid-19 struggles persisted.

Stocks gained in Japan, South Korea and Australia, after Wall Street shares saw modest gains on Thursday. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose nearly 1% to 15,940.50 points as of 6:20 am.

Crude oil prices hovered near $112 a barrel, gold held a rally and bitcoin was near $30,000.

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

  • Biocon: Biocon Biologics and Viatris Inc. have launched biosimilar Abevmy in Canada.

  • Dish TV: The company will hold an EGM on June 24.

  • Wipro: The company launched Innovation Studio in Austin, Texas.

  • Hindustan Aeronautics: The company has been granted the type certification of first Indigenous Light Transport civil passenger aircraft.

Earnings Post Market Hours

Godrej Consumer Products Q4 FY22 (Consolidated, YoY)

  • Revenue up 7% at Rs 2915.82 crore

  • EBITDA fell 15% at Rs 467.58 crore

  • EBITDA margin 16% vs 20.1%

  • Net profit fell 1% at Rs 363.24 crore

Gland Pharma Q4 FY22 (Consolidated, YoY)

  • Revenue up 24% at Rs 1,103 crore

  • EBITDA up 6% to Rs 348 crore

  • EBITDA margin at 31.6% vs 36.9%

  • Net profit up 10% to Rs 286 crore

Ashok Leyland Q4 FY22 (Consolidated, YoY)

  • Revenue up 22% at Rs 9,926.97 crore

  • EBITDA up 17.8% at Rs 1,194.11 crore

  • EBITDA margin 12.03% vs 12.45%

  • Net profit fell 60.22% at Rs 140.24 crore

  • Exceptional loss stood at Rs 236.91 crore

  • Recommended dividend of Rs 1 per share

Container Corporation of India Q4 FY22 (Consolidated, YoY)

  • Revenue up 5.16% at Rs 2,057.56 crore

  • EBITDA up 112.53% at Rs 415.84 crore

  • EBITDA margin 20.21% vs 10%

  • Net profit up 900% at Rs 257.56 crore

  • Recommended final dividend of Rs 3 per share

HPCL Q4 FY22 (Consolidated, YoY)

  • Revenue up 30.4% at Rs 97,288.11 crore

  • EBITDA down 58.86% at Rs 1,825.53 crore

  • EBITDA margin at 1.74% vs 5.22%

  • Net profit down 34% at Rs 2,018.45 crore

  • Recommended final dividend of Rs 14 per share

Krishna Institute of Medical Sciences Q4 FY22 (Consolidated, QoQ)

  • Revenue down 5.4% at Rs 372.33 crore

  • EBITDA down 12.5% at Rs 113.56 crore

  • EBITDA margin at 30.5% vs 32.97%

  • Net profit down 0.6% at Rs 80.68 crore

Endurance Technologies Q4 FY22 (Consolidated, QoQ)

  • Revenue up 10.04% at Rs 2,078.79 crore

  • EBIT up 42.16% at Rs 159.01 crore

  • EBIT margin at 7.65% vs 5.92%

  • Net profit up 44% at Rs 136.18 crore

  • Recommended dividend of Rs 6.25 per share

Chambal Fertilisers & Chemicals Q4 FY22 (Consolidated, YoY)

  • Revenue up 101.5% at Rs 3,307.37 crore

  • EBITDA up 26.55% at Rs 361.43 crore

  • EBITDA margin 10.93% vs 17.41%

  • Net profit down 45.62% at Rs 243.57 crore

  • Recommended final dividend of Rs 3 per share

Prince Pipes and Fittings Q4 FY22 (Consolidated, YoY)

  • Revenue up 18.37% at Rs 901.19 crore

  • EBITDA down 4.29% at Rs 140.50 crore

  • EBITDA margin at 15.6% vs 19.28%

  • Net profit down 9.25% at Rs 88.23 crore

  • Recommended final dividend of Rs 2 per share

Earnings To Watch

NTPC, Indigo Paints, Thermax, IDFC, Sobha, Pfizer, Nuvoco Vistas, Metro Brands, C.E. Infosystems, Indiabulls Housing Finance, JK Tyres, Hindustan Foods, Heidelberg Cement, Amara Raja Batteries, ZF Commercial Vehicle Control Systems, Advanced Enzyme Technologies.

Opinion
India’s Go First Plans IPO In July As Air Travel Rebounds

Offering

eMudhra: The IPO, which opens today, plans to raise Rs 251.8 crore by offering fresh stock worth Rs 161 crore at Rs 243-256 apiece. The offering includes an offer for sale of 1.61 crore shares by the promoter group and other selling shareholders.

Opinion
eMudhra IPO: All You Need To Know

Listing Today

Prudent Corporate Advisory Services: Shares to list on the bourse today. The IPO was subscribed 1.22 times. The independent wealth management and a leading mutual fund distributor sold shares at Rs 595-630 apiece and sought to raise Rs 538 crore. The proceeds would go to selling shareholders.

Pledged Shares Details

  • Chambal Fertilisers and Chemicals: Promoter Zuari Global pledged 4.5 lakh shares on May 17.

  • Stove Kraft: Promoter and Director Rajendra Gandhi pledged 3 lakh shares on May 13.

Insider Trades

  • Anant Raj: Promoter Roma Sarin bought 2 lakh shares on May 18.

  • Shriram City Union Finance: Promoter Group Shriram Value Services bought 947 shares on May 16.

  • Heranba Industries: Promoter Raghuram K Shetty bought 11,000 shares on May 18.

Who's Meeting Whom

  • Zomato: To meet investors and analysts on May 24.

  • Equitas SFB: To meet investors and analysts on May 20.

  • Sanghi Cement: To meet investors and analysts on May 25.

  • Ultratech Cement: To meet investors and analysts on May 20.

  • United Spirits: To meet investors and analysts on May 30.

  • S.J.S. Enterprises: To meet investors and analysts on May 27.

  • Supriya Lifescience: To meet investors and analysts on May 23.

  • Kajaria Ceramics: To meet investors and analysts on May 23.

  • Valiant Organics: To meet investors and analysts on May 25.

  • Sobha: To meet investors and analysts on May 21.

  • BirlaSoft: To meet investors and analysts on May 24.

  • Patel Engineering: To meet investors and analysts on May 23.

  • Ester Industries: To meet investors and analysts on May 23.

  • Quess Corp: To meet investors and analysts on May 27.

Trading Tweaks

  • Price Band Revised From 10% To 5%: Ruchi Soya Industries, Mangalore Refinery & Petrochemicals

  • Price Band Revised From 20% To 10%: Uttam Sugar Mills, Rattanindia Enterprises

  • Ex-Date Dividend: Trent

  • Ex-Date Interim Dividend: Kewal Kiran Clothing

  • Move Into Short-Term ASM Framework: Datamatics Global Services, Ruchi Soya Industries, Kewal Kiran Clothing

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