India's shares market will commence trading today, with investors eagerly waiting for any indication of revival following indices closing lower in the last session. The market witnessed high volatility yesterday, and attention now focuses on whether or not positive momentum can be regained.
Several individual companies are likely to be most active today, led by a combination of corporate news, quarterlies, and other company-specific news.
Life Insurance Corporation (LIC) The state-owned insurer posted a strong 38.1% year-on-year growth in consolidated net profit for the quarter ended March 2025, at ₹19,038.7 crore, from ₹13,781.6 crore during the corresponding period previous year. This Notwithstanding, net premium income decreased by 3.2% to ₹1,47,917.2 crore. LIC's board has also recommended a final dividend of ₹12 per equity share for the 2025 financial year. The company's gross non-performing assets (NPAs) sequentially improved, declining to 1.46% from 1.64%, while net NPAs continued to be zero.
Bosch India registered a marginal 1.8% fall in consolidated profit to ₹553.6 crore, while revenue rose by a whopping 16% to ₹4,910.6 crore. Bosch's board has also recommended a substantial final dividend of ₹512 per share for FY25.
Belrise Industries is making a listing on the mainboard. Its IPO was well oversubscribed, more than 40 times reportedly, reflecting strong demand from investors.
Medplus Health Services registered a robust 53.7% increase in consolidated net profit to ₹51.3 crore. Revenue increased by a relatively modest 1.3%.
Hindustan Copper registered a 50.6% jump in profit year-on-year.
Bharat Dynamics posted a 5.5% fall in profit to ₹272.8 crore year-on-year, although its revenue more than doubled, rising 108% to ₹1,777 crore.
Gateway Distriparks reported a loss of ₹193.1 crore in the quarter, due to a large exceptional loss of ₹258.8 crore, compared to a profit last year. Revenue reported an aggressive 42.7% increase.
NMDC reported a 4.8% increase in profit and a 7.9% rise in revenue.
ITI markedly reduced its loss and posted a robust 73.9% rise in revenue.
JK Lakshmi Cement registered 16.9% growth in profit and 6.6% growth in revenue, suggesting a dividend of ₹6.50 per share.
Procter & Gamble Hygiene and Health Care posted a marginal 1.1% rise in profit but a 1% decline in revenue, suggesting a final dividend of ₹65 per share.
DCX Systems recorded a steep 37.2% decline in profit and a 26.3% decline in revenue.
Triveni Engineering and Industries registered a 13.6% increase in profit and a 24.4% increase in revenue, suggesting a dividend of ₹2.50 per share.
Zuari Industries shifted into a loss stage at ₹20.8 crore, from a profit position last year, even as revenue registered a modest increase.
Rashtriya Chemicals and Fertilisers (RCF) registered a 23.9% decline in profit and a 3.9% decline in revenue.
ITC is under the market's microscope as UK-based British American Tobacco (BAT) is said to be planning to sell a 2.3% stake in a block deal. It is said that the floor price would be ₹400 per share, with the deal worth around $1.36 billion.
HBL Engineering received a Letter of Acceptance from IRCON International for an ₹101.55 crore order to deliver Kavach, over 18 months.
Tata Steel The firm has filed a writ petition in the Delhi High Court in pursuit of relief, including compensation of ₹757.14 crore with interest, in regard to a cancelled coal block and outstanding dues.
PG Electroplast came under the spotlight following the Government of Singapore buying shares worth ₹288 crore through a block deal on Tuesday.
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