Published on 04/05/2025 09:32 AM
Stocks to watch, SBI, DMart, JSW Steel, Tata Motors, IRCON International, Adani Ports, GOCL Corporation, Gravita India, Swiggy, Sunteck Realty, RR Kabel, City Union Bank and more, these are the stocks to watch for tomorrow.SBI | State Bank of India, India's largest lender by assets, reported a 9.9% year-on-year decline in net profit for the March quarter (Q4FY25) at ₹18,643 crore, compared with ₹20,698 crore a year earlier. Net interest income (NII) rose 1.5% to ₹42,774 crore from ₹41,655 crore in Q4FY24, aided by steady loan growth, though margins remained under pressure.Avenue Supermarts | The operator of the D-Mart retail chain, reported a 2% year-on-year decline in consolidated net profit to ₹551 crore for the quarter ended March 31, 2025 (Q4FY25), compared with ₹563 crore a year earlier, as margins remained under pressure despite strong revenue growth.JSW Steel | Steelmaker announced that the ₹702-crore demand raised by the deputy director of mines has been set aside by the revisionary authority. The matter has now been remanded back to the Odisha state government for fresh consideration, with directions to provide the company a proper opportunity to be heard. The case relates to alleged violations at the company’s iron ore mining operations in Narayanposhi, Jajang, Nuagaon, and Gonua mines, including claims of a drop in grade of production, deviation from the approved mining plan, and use of a higher mesh size during screening.Tata Motors | Auto major announced that its board committee has approved the issuance of non-convertible debentures (NCDs) worth up to ₹500 crore through private placement. The NCDs will carry a fixed coupon rate of 7.08% per annum and will be issued in two tranches. Under tranche I, the company will issue up to 30,000 NCDs of ₹1,00,000 each, aggregating to ₹300 crore. Tranche II will comprise up to 20,000 NCDs of ₹1,00,000 each, totalling ₹200 crore. Both tranches are scheduled for allotment on May 13, 2025.IRCON International | State-owned company, has received a letter of acceptance from North Eastern Electric Power Corporation Limited (NEEPCO) for a ₹458.14-crore civil works contract related to the Tato-I Hydro Electric project in Arunachal Pradesh. The contract, awarded under package I, involves the construction of civil works on an item rate basis.Adani Ports | India’s largest private port operator reported a robust operational performance in April 2025, handling 37.5 million tonnes (MT) of cargo, a 4% year-on-year (YoY) increase. The growth was led by a sharp 21% rise in container volumes and an 8% increase in liquids and gas handling. In its logistics operations, APSEZ moved 57,751 TEUs (20-foot equivalent units) via rail in April, marking a 17% YoY growth, while volumes under Indian Railways' General Purpose Wagon Investment Scheme (GPWIS) touched 1.8 MMT, up 4%.GOCL Corporation | Hinduja Group firm announced the disinvestment of its wholly-owned material subsidiary, IDL Explosives Ltd (IDLEL), for ₹107 crore. The company’s board approved the sale at its meeting held on May 2, and a share purchase agreement was signed on the same day. IDL Explosives contributed ₹623 crore, or 87% of GOCL’s consolidated turnover in FY24, while its net worth stood at ₹10 crore, comprising just 0.71% of the group’s consolidated net worth.Gravita India | The company's profit after tax (PAT) jumped to ₹95 crore in the quarter ending March 31, 2025, rising nearly 37% year-on-year (YoY) from ₹69.4 crore in Q4FY24. The recycling company's revenue from operations grew 20.1% to ₹1,037 crore, compared to ₹863.4 crore in the same quarter last year, driven by strong demand across its lead, aluminum, and plastic recycling verticals.Swiggy | A day after Eternal announced in its Q4 earnings that it is shutting down its 15-minute food delivery service, rival Swiggy has said it is betting big on its 10-minute delivery offering, 'Bolt'. Swiggy announced that Bolt has now expanded to over 500 cities nationwide, with a network of more than 45,000 restaurant brands offering the service. In a statement, Swiggy added that in less than six months since launch, more than one in every ten food delivery orders is now fulfilled through Bolt.Sunteck Realty | Real estate developer reported a 19% sequential rise in net profit for the quarter ended March 31, 2025, aided by higher revenue and improved margins, while annual pre-sales reached a record high. The Mumbai-based firm said consolidated net profit rose to ₹50 crore in the fourth quarter, from ₹43 crore in the previous quarter. Revenue climbed 27% quarter-on-quarter to ₹206 crore.RR Kabel | The company's consolidated net profit jumped 63.9% year-on-year to ₹129 crore from ₹78.7 crore in the same quarter last year. Revenue from operations for the quarter stood at ₹2,218 crore, up 26.4% compared to ₹1,754 crore a year ago. The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 68.7% to ₹194.4 crore from ₹115.2 crore in Q4 FY24.City Union Bank | Private sector lender City Union Bank Ltd on Friday (May 2) reported a 13% year-on-year (YoY) increase in net profit at ₹288 crore for the fourth quarter of FY25 over ₹254.8 crore in Q4FY24. Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, was up 9.8%, coming at ₹600.3 crore against ₹546.5 crore in the corresponding quarter of FY24.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.