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Stocks in news: Stocks in news: ITC, Sun Pharma, IndusInd Bank, ABFRL, IndiGo

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Markets traded volatile but managed to end with gains of over half a percent, taking a breather after the recent decline. In today’s trade, shares of ITC, Sun Pharma, IndusInd Bank, ABFRL, IndiGo among others will be in focus due to various news developments and fourth quarter results.

ITC, Sun Pharma, Grasim, Honasa
Shares of ITC, Sun Pharma, Grasim and Honasa will be in focus as the companies will announce their fourth quarter results today.

IndusInd Bank
In the fourth quarter, the lender reported a net loss of Rs 2,236 crore as against a profit of Rs 2,346 crore a year ago. Meanwhile, its net interest income fell 43% YoY to Rs 3,048 crore.

IndiGo

InterGlobe Aviation, which operates budget airline Indigo reported a 62% YoY growth in its Q4FY25 consolidated net profit at Rs 3,067 crore versus Rs 1,895 crore in the year ago period.

IRCON
IRCON International reported a consolidated profit after tax (PAT) of Rs 212 crore in Q4FY25 as against Rs 247 crore reported in the year ago period
Nalco
Nalco reported a net profit of Rs 2,067 crore for the fourth quarter. Revenue from operations increased 47% to Rs 5,267 crore.
Aarti Industries, Birlasoft, Hindustan Copper, MGL and Piramal Enterprises
NSE said Aarti Industries, Birlasoft, Hindustan Copper, MGL and Piramal Enterprises to be excluded from F&O effective August series.
Mankind Pharma
Mankind Pharma’s profit fell 11% to Rs 421 crore in the fourth quarter, while revenue from operations increased 27% to Rs 3,079 crore in the same period.

RVNL
RVNL reported a net profit of Rs 459 crore in the fourth quarter. Revenue stood at Rs 6,426 crore in the same period.

ABFRL
ABFRL shares are likely to be in focus in today’s trade as the record date for the company’s lifestyle business is set on May 22.



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