Supplies to look at: NTPC, Ashok Leyland, JSW Steel, Paras Defense, Glenmark Pharma and more | Einsmark news
Here is a quick look at stocks that are likely to focus in contemporary trade. Ashok Leyland: Ashok Leyland has announced a 1: 1 -Bonus share issue for the first time since 2011. In addition, the company declared a dividend of £ 4.25 per share, which led to a total payout of £ 1,248 crore. In the March quarter, the company increased a 38.4 percent increase in the net profit, which rose to a £ 1.246 crore, helped significantly with a one-time tax credit of £ 173. The quarter turnover grew by 5.7 percent to £ 11,907 crore. NTPC: NTPC, the largest power producer in the country, reported an increase in the profit of 22.6 percent in the quarter-to-quarter, rising to 5.778 crore for the March quarter. Revenue during the quarter was £ 43,903.7 crore, reflecting a successive 6 percent growth. JSW Steel: JSW Steel achieved a 15.7 percent increase in the consolidated net profit to £ 1,503 for Q4FY25. The performance was supported by lower Coke coal prices and better operating margins, which contributed to improved profitability. Paras Defense and Space Technologies: Paras Defense and Space Technologies has signed a strategic joint enterprise agreement with the Heven-Drones in Israel. This partnership is focused on producing logistics and cargo drones in India. These drones are intended for both defense and civil applications, which are a significant diversification in the business range of the business. Glenmark Pharmaceuticals: Glenmark Pharmaceuticals reported a stable achievement for the March term. Revenue rose 6.3 percent year -on -year to £ 3.256 crore, while Ebitda rose by 11.2 percent. The company’s adjusted net profit, excluding one-time items, such as the generic Zetia litigation costs, was a £ 347 crore. An ebitda margin of 17.2 percent was also reported for the quarter. Finolex Industries: Finolex Industries reported a fall of a year-on-year in turnover of 5 percent, which amounts to £ 1,171.8 crore. The net profit remained stable at £ 165. However, the company had the pressure of the margin, with Ebitda dropping 18 percent to £ 171.3. Ebitda margin reduced to 14.6 percent from 16.9 percent in the same quarter of the previous year. Ashoka Buildcon: Ashoka Buildcon reported a strong 73.2 percent increase in the net profit for the March Qwartal, rising to £ 432.2 crore compared to £ 249.6 in the same period last year. The quarter turnover was £ 2,694.4 crore, which was 11.7 percent lower than £ 3.052 crore reported in the corresponding quarter of the previous year. Ge Vernova T&D India: Ge Vernova T&D India reported an almost triple increase in its net profit for the March quarter, rising to £ 186.49, powered by higher income. Total revenue for the term rose to £ 1,173.65 crore of £ 919.31 crore a year earlier. For the full financial year 2024-25, the net profit of the company rose to £ 608.33 from £ 181.05 in the previous year, while total revenue rose to £ 4,354,89 from £ 3,190,46 crore. Jaiprakash Associates: Lenders of Jaiprakash Associates approved a planned cash expenses of £ 936.27 for the continued quarter. This amount includes £ 856.73 crore earmarked for routine operational expenses and £ 79.54 crore allocated for one-time cost, aimed at supporting the company’s efforts to maintain operations. Havells India: Havells India has announced an £ 340 investment to expand cable manufacturing capacity at its Alwar facility. After expansion, the total annual cable production capacity at the plant is expected to reach 41.45 lakh kilometers. This capital expenditure is intended to meet the increasing demand and increase operational efficiency. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.