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Stocks to watch on May 2: Auto stocks, Federal Bank, JSW Infra, NCC, Zomato and more

Published on 01/05/2025 10:17 PM

Stocks to watch on May 2: Among the major scrips that will be on investor radar include Auto stocks, JSW Infrastructure, NCC, Godrej Agrovet, Federal Bank and Sundram Fasteners, among others. Here's the list

Phoenix Mills | The Mumbai-based real estate developer reported a 17.7% year-on-year (YoY) slide in net profit at ₹268.8 crore for the fourth quarter that ended March 31, 2025, compared to ₹326.7 crore in Q4FY24. Revenue from operations declined 22.2% YoY to ₹1,016.3 crore against ₹1,305.9 crore. At the operating level, EBITDA (earnings before interest, tax, depreciation, and amortisation) dropped 10.7% to ₹559.6 crore in the fourth quarter versus ₹626.6 crore a year ago.Tata Motors | The passenger and commercial vehicle manufacturer and parent company of Jaguar Land Rover (JLR) will be in focus on Friday's trading session. The Tata Group company on Thursday posted a 6% decline in overall sales to 72,753 units in April 2025. The company posted the total sales at 77,521 units during April last year. Total domestic sales were down 7% to 70,963 units last month as compared to 76,399 units in April 2024, Tata Motors said in an exchange filing on Thursday.Puravankara Ltd | The company announced that its board of directors will meet on Tuesday, May 6, to consider a proposal for raising funds up to ₹300 crore through the issuance of secured, redeemable, unlisted, and unrated non-convertible debentures (NCDs) on a private placement basis.Godrej Agrovet | The company reported a 24% YoY surge in net profit at ₹70.8 crore for Q4FY25, over ₹57.1 crore in the same period last year. Revenue from operations was flat at ₹2,134 crore. At the operating level, EBITDA dipped 0.9% YoY to ₹146.6 crore in the fourth quarter over ₹148 crore. The EBITDA margin was flat at 6.9% in the reporting quarter.NCC Ltd | The infrastructure company announced that it secured fresh orders worth ₹1,663 crore during April 2025. The contracts, awarded by various state government agencies and a private limited company, span across the company’s building and transportation divisions. The company clarified that none of these are internal orders or related party transactions.Sona BLW Precision Forgings | The company reported a 10.3% YoY increase in net profit at ₹164 crore for the fourth quarter that ended March 31, 2025. In Q4FY24, Sona BLW Precision Forgings had posted a net profit of ₹148.7 crore. Revenue from operations dipped 2.2% to ₹864.8 crore against ₹884 crore in the year-ago period. At the operating level, EBITDA fell 6.3% YoY to ₹231.3 crore in the fourth quarter from ₹246.9 crore.Federal Bank | The lender reported a 13.7% YoY rise in net profit to ₹1,030.2 crore for the fourth quarter ended March 31, 2025. The lender beat the CNBC-TV18 poll estimate of ₹977.5 crore. In the same quarter last year, it had posted a profit of ₹906.3 crore. Net interest income (NII) increased 8.3% YoY to ₹2,377.4 crore from ₹2,195.2 crore. However, it came in slightly below street expectations of ₹2,431.9 crore.MOIL Ltd | India’s largest producer of manganese ore, announced its financial results for the March quarter post-market hours on April 30, reporting a 27% YoY rise in consolidated net profit to ₹115.7 crore, compared to ₹91.1 crore in the corresponding quarter last year. Revenue from operations during the quarter came in at ₹433.4 crore, registering a 4.2% increase from ₹415.9 crore a year ago.Sundram Fasteners | The company reported a 6.9% YoY decline in fourth-quarter net profit at ₹124.4 crore, compared with ₹133.6 crore a year earlier, hurt by weaker margins. Revenue for the three months ended March 31 rose 4.4% to ₹1,530.6 crore from ₹1,466.5 crore in the same quarter last year. EBITDA dropped 1.4% to ₹224.7 crore, while EBITDA margin narrowed to 14.7% from 15.5% a year ago. Incentives will be provided directly to employees and employers based on EPA contributions during the first four years of employment, benefiting 3 million youths and their employers. (Image: Reuters)JSW Infrastructure Ltd | India’s second-largest private port operator and part of the JSW Group reported a strong 57% YoY jump in consolidated net profit to ₹516 crore for the quarter ended March 31, 2025, aided by higher cargo volumes and contributions from recent acquisitions. Revenue for the quarter rose 14% YoY to ₹1,372 crore, supported by robust performance across coal terminals in Mangalore, Ennore, and Paradip, along with interim operations at the JNPA Liquid Terminal and the Tuticorin Terminal.Hyundai Motor India | The company informed the exchanges that its total sales declined 5% year-on-year to 60,774 units in April 2025. Hyundai’s sales stood at 63,701 units in April 2024. The company said its domestic and export sales came in at 44,374 and 16,400 units, respectively, last month.Eternal Ltd (formerly Zomato) | The company reported a consolidated net profit of ₹39 crore for the January-March quarter of fiscal year 2024-25 fiscal (FY25), a sharp decline from ₹175 crore in the same period last year, even as revenue surged across its core business segments.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.