Source: CNBCTV18
Stocks to watch, Sun Pharma, Ramco Cements, Grasim Industries, Hindustan Copper, CONCOR, Gujarat State Petronet, HFCL, Power Mech Projects, Veedol Corp, Tata Steel, Honasa Consumer, TVS Motor and more, these are the stocks to watch for tomorrow.
Sun Pharma | The company's revenue increased 8.1% to ₹12,958.8 crore compared to ₹11,982.9 crore in the previous year. A CNBC-TV18 poll had estimated a 9% increase in its revenue at ₹13,039.2 crore. Net profit came in at ₹2,153.9 crore for Q4FY25, down 19% from ₹2,658.7 crore in the corresponding quarter last year. The Street had estimated a 10% increase in profit at ₹2,934 crore.
Ramco Cements | Tamil Nadu-based company reported a 74.5% year-on-year (YoY) decline in net profit at ₹31 crore for the fourth quarter that ended on March 31, 2025. In the corresponding quarter of the previous fiscal, Ramco Cements posted a net profit of ₹121.4 crore. The CNBC-TV18 poll had predicted a profit of ₹117 crore for the quarter under review. The company's revenue from operations dipped 10.5% to ₹2,392 crore as against ₹2,673 crore in the corresponding period of the preceding fiscal.
Grasim Industries | The flagship company of the Aditya Birla Group reported a net loss of ₹288 crore for Q4FY25, narrowing from ₹441 crore in the year-ago quarter but wider than CNBC-TV18’s poll estimate of a ₹140 crore loss. Revenue grew 31.9% year-on-year to ₹8,926 crore, ahead of the estimated ₹8,675 crore. The strong top-line performance was driven by robust growth in both core and new businesses.
Hindustan Copper | The state-owned company said it will consider raising up to ₹500 crore through the issuance of non-convertible debentures (NCDs) or bonds on a private placement basis, at its upcoming board meeting scheduled for May 27. In a regulatory filing, the company said the proposed issue could involve either secured or unsecured instruments and would be subject to shareholder approval.
CONCOR | The company's net profit declined 1.6% to ₹298.5 crore in the January-March quarter of the financial year 2025, compared to ₹303.3 crore in the same period last year. Revenue also saw a slight decrease of 1.6%, amounting to ₹2,287.8 crore compared to ₹2,325 crore in Q4 FY24. The company's EBITDA fell by 10%, standing at ₹526.6 crore, down from ₹585.7 crore in the previous year.
Gujarat State Petronet | The company reported a rocky fourth quarter on Wednesday (May 22). Net profit for the January-March period plunged 53.6% year-on-year (YoY) to ₹220.3 crore from ₹475 crore in Q4FY24. Revenue from operations fell 4.6% to ₹4,477.5 crore against ₹4,691.9 crore in the year-ago quarter. At the operating level, EBITDA tanked 40.8% YoY to ₹574.3 crore from ₹969.8 crore. The EBITDA margin shrank 800 basis points 13.4% from 21.4%.
HFCL | The company posted a net loss of ₹81.4 crore for Q4FY25 against a profit of ₹110 crore year-on-year, impacted by lower optical fibre cable (OFC) demand. Quarterly revenue declined 39.6% year-on-year (YoY) to ₹800.7 crore, down from ₹1,326 crore. The company saw a negative EBITDA of ₹36 crore. In the fourth quarter of the previous fiscal, EBITDA stood at ₹195.5 crore.
Power Mech Projects | Infrastructure services firm's net profit rose 53.8% year-on-year to ₹129.8 crore, up from ₹84.4 crore a year earlier. Revenue for the quarter stood at ₹1,853.3 crore, registering a 42.4% jump compared to ₹1,301.5 crore in Q4FY24, reflecting strong execution momentum across key segments.
Veedol Corp | Andrew Yule & Co Ltd is set to offload up to 2% of its equity stake in Veedol Corporation through an offer for sale (OFS), amounting to 3.48 lakh equity shares. The OFS will open for non-retail investors on May 23, while retail investors will be able to participate on May 26. The floor price for the OFS has been fixed at ₹1,566 per share.
Tata Steel | The company kicked off the second phase of its plant in Kalinganagar, Odisha, expanding annual crude steel capacity from the current 3MT (million tonnes) to 8MT, at an investment of ₹27,000 crore. With this, Odisha has become Tata Steel’s largest investment destination. The facility in Jajpur district will focus on advanced high-strength steel, catering to sectors like automotive, infrastructure, power, shipbuilding, and defence.
Honasa Consumer | The company's net profit declined 17.8% year-on-year to ₹25 crore, compared to ₹30 crore a year ago. Revenue, however, grew 13.3% YoY to ₹533.5 crore, up from ₹471 crore. EBITDA fell 18.5% YoY to ₹26.9 crore, while operating margin narrowed to 5% from 7% in the same quarter last year. The Derma Co. crossed ₹100 crore in annualised revenue run-rate from offline channels, while younger brands delivered over 30% YoY growth.
TVS Motor | The company announced a strategic partnership with Tamil Nadu-based mobility startup OOR Cabs to deploy 500 electric three-wheelers across key cities in the state. The companies signed a memorandum of understanding, under which TVS will supply its electric three-wheeler model, the TVS King EV MAX, to OOR Cabs in FY2025-26. The first batch of 10 vehicles was handed over in Trichy, with an additional 10 units scheduled for delivery in June.
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