Page 3 - Q4 Results
HAL hits new high on strong Q4 results; stock soars 18% in a week
In the past one week, the stock has gained 18 per cent after the company reported 90 per cent year on year (YoY) jump in consolidated net profit at Rs 3,105 crore for March quarter (Q4FY22).
 "HAL hits new high on strong Q4 results; stock soars 18% in a week")
CPCL hits over four-year high; zooms 164% in 7 weeks on strong earnings
In Q4FY22, CPCL reported four-fold jump in its consolidated net profit at Rs 1,002 crore as against Rs 242 crore in Q4FY21.
 "CPCL hits over four-year high; zooms 164% in 7 weeks on strong earnings")
Investors poorer by Rs 7 trn as Sensex crashes 1,416pts; Nifty holds 15,800
CLOSING BELL: The Nifty IT index plunged 6 per cent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".
 "Investors poorer by Rs 7 trn as Sensex crashes 1,416pts; Nifty holds 15,800")
Nava Bharat Ventures zooms 33% in 4 days on robust Q4 results
The company reported robust growth in its operations, backed by solid traction in manganese alloy business in both export and domestic markets.
APM Terminals Pipavav's Q4 net profit increases 10% to Rs 72 crore
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Thursday reported a 10 per cent rise in net profit at Rs 72.4 crore for the quarter ended March 31, 2022.
 "APM Terminals Pipavav's Q4 net profit increases 10% to Rs 72 crore")
Dr Reddy's Q4 PAT falls 76% YoY on impairment costs; misses estimates
The company's board also recommended a final dividend of Rs 30 per equity share of face value of Rs. 5 each for the financial year 2021-22.
 "Dr Reddy's Q4 PAT falls 76% YoY on impairment costs; misses estimates")
Manappuram Finance plunges 12%, hits 2-year low on weak Q4 results
Asset quality worsened during the quarter as gross non-performing asset (NPA) and net NPA ratio increased by 160 basis points (bps) and 170 bps quarter on quarter (QoQ) to 3 per cent and 2.7 per cent.
 "Manappuram Finance plunges 12%, hits 2-year low on weak Q4 results")
Chart check: ITC could jump 40% on fresh breakouts, may hit Rs 400-mark
Though ITC is 40 points short from its all-time high of Rs 315.25-mark, the present scenario on the daily and weekly charts point to a strong up move
 "Chart check: ITC could jump 40% on fresh breakouts, may hit Rs 400-mark")
Stocks to Watch: ITC, Lupin, Ruchi Soya, Manappuram Finance, JSW, Biocon
Stocks to Watch: The US markets suffered the biggest one-day sell-off in almost two years -Investors worry about inflation and its impact on earnings and prospects for monetary policy tightening
 "Stocks to Watch: ITC, Lupin, Ruchi Soya, Manappuram Finance, JSW, Biocon")
Farm segment-driven demand outlook remains strong for Balkrishna Industries
Raw material/freight costs will however weigh on its near term margins
 "Farm segment-driven demand outlook remains strong for Balkrishna Industries")
ITC PAT up 11.6% in Q4 at Rs 4,259.68 cr, beats analysts' estimates
Cigarettes business recovers with volumes surpassing pre-pandemic levels, says company.
 "ITC PAT up 11.6% in Q4 at Rs 4,259.68 cr, beats analysts' estimates")
Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high
In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.
 "Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high")
Lupin logs net loss of Rs 512 cr in Q4 on rising costs, impairment expense
Quarter was challenging due to 'headwinds in the US on account of price erosion', says company.
 "Lupin logs net loss of Rs 512 cr in Q4 on rising costs, impairment expense")
LIC Housing Finance Q4 profit up 180% to Rs 1,118 cr, credit costs drop
The company's board recommends a dividend of Rs 8.5 per share of Rs 2 each.
 "LIC Housing Finance Q4 profit up 180% to Rs 1,118 cr, credit costs drop")
IOB Q4 net up by 58% to Rs 552 cr on lower bad loan provisioning
Operating profit down 8%, asset quality improves with GNPA at 9.82% as against 11.69% a year ago
 "IOB Q4 net up by 58% to Rs 552 cr on lower bad loan provisioning")
Tamilnad Mercantile Bank's Q4 net rises 36%, total income increases 9%
Tamilnad Mercantile Bank's Q4 result: The total interest earned increased 6.23 per cent to Rs 3,833.86 crore for FY22 as compared to Rs 3,609.05 crore for the previous year
 "Tamilnad Mercantile Bank's Q4 net rises 36%, total income increases 9%")
Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%
CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE
 "Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%")
Dr Reddy's Q4 PAT may rise 28% YoY; margins likely to fall, say analysts
The pharmaceutical giant may witness some impact due to its large exposure of the business to Russia, and CIS regions.
MRPL hits highest level since Oct 2018, rallies 34% in four trading days
For Q4FY22, MRPL reported standalone net profit of Rs 3,008 crore as against profit of Rs 268 crore in Q4FY21.
 "MRPL hits highest level since Oct 2018, rallies 34% in four trading days")
Dr Lal Pathlabs slips 6%, hits 52-week low post muted Q4 results
In Q4FY22, normalised earnings before interest, taxes, depreciation, and amortization (EBITDA) margins contracted 630 bps to 19.4 per cent from 25.7 per cent in Q4FY21
 "Dr Lal Pathlabs slips 6%, hits 52-week low post muted Q4 results")
