Domestic shares ended with strong gains on Friday, June 5, 2020. Investors focused on early signs of some improvement in the economy amid gradual lifting of lockdown measures in India. The barometer S&P BSE Sensex gained 306.54 points or 0.9% at 34,287.24. The Nifty 50 index rallied 113.05 points or 1.13% at 10,142.15. The broad-based rally was led by banks and metal shares. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Monday, June 8, 2020. List of such five stocks:

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L&T/ Exide Industries/ Vedanta/ Divi’s Lab/ Greaves Cotton/ Timken India/ RPG/ AB Cap/ Karnataka Bk/ Garden Reach Shipbuilders: These are some companies that reported their financial results of March quarter FY20 between after the market hours on Friday, June 5, 2020, and May 7, 2020. Find details: 

  • Larsen & Toubro (L&T): The company on Friday reported a 6.5% year-on-year decline in its consolidated net profit at Rs 3,197 crore for the quarter ended on March 31, 2020. It posted a profit of Rs 3,418 crore in the same quarter a year ago. The company’s consolidated revenues in the quarter rose to Rs 44,245 crore, up 2.2%, from Rs 43,303 crore a year ago. EBITDA stood at Rs 5121 crore, down 3% from Rs 5279 crore, while margins declined to 11.6% from 12.2%. The order inflow for the quarter ended March 31 stood at Rs 57,785 crore, registering a growth of 5 per cent over the corresponding period of the previous year. The consolidated order book of the group stood at Rs 3,03,857 crore as of March 31, 2020, registering a growth of 4 per cent over March 2019. Besides, the company recommended a final dividend of Rs 8 per equity share, apart from the interim dividend of Rs 10 per share as was declared earlier.
  • Exide Industries: The battery maker Exide Industries on Friday reported a standalone profit at Rs 168 crore for the quarter ended on March 31, 2020, as compared to Rs 210 crore posted in the same quarter a year ago. Its revenue from operations stood at Rs 2,055 crore, down 2.2%, for the quarter as compared to Rs 2,599 crore during the corresponding quarter of the previous year. The EBITDA was lower at Rs 270 crore, down 3%, in Q4 FY20 as against Rs 373 crore in Q4 FY19. Margins compacted to 13.1% against 14.4%. 
  • Vedanta: Vedanta on Saturday posted a net loss of Rs 12,521 crore for the quarter ended March 31, 2020, against the profit of Rs 2,615 crore posted in the same quarter a year ago. It incurred an exceptional loss of Rs 17,132 crore, primarily due to impairment of assets in oil and gas, copper and iron ore business. Revenue from operations declined 16% to Rs 19,755 crore in Q4FY20 from Rs 23,468 crore. EBITDA fell 26% to Rs 4552 crore from Rs 6,135 crore posted last year. Margin stood at 23% against 26% of the same quarter of last year. 
  • Divi’s Laboratories: Drug firm Divi' s Lab on Saturday reported a 33% rise in its consolidated net profit to Rs 388 crore for the quarter ended March 31, 2020. The company had posted a net profit of Rs 292 crore for the same period last year. The consolidated revenue of the company grew 9% to Rs 1,390 crore from Rs 1,267 crore posted a year ago. EBITDA grew 7% to Rs 445 crore against Rs 416 crore. The margin was 32% against 32.8% of Q4FY19. 
  • Greaves Cotton: Manufacturer of diesel engines, gensets and electric two-wheelers, Greaves Cotton Ltd reported a 98% decline in its consolidated profit to Rs 0.6 crore for the period ended on March 31, 2020. It posted a profit of Rs 32.1 crore in the same period a year ago. Its revenue from operations declined 28.5% from Rs 368.2 crore from Rs 549 crore posted a year-ago period. EBITDA declined 65% to Rs 23.6 crore against Rs 66.8 crore and margins contracted to 6.1% from 12.3%. 
  • Timken India: Timken reported a 7.16% year-on-year increase in its profit to Rs 61.3 crore for the period ended on March 31, 2020. It posted a profit of Rs 57.2 crore in the same quarter a year ago. The company’s revenue from operations for March quarter was Rs 405.5 crore, down 9.5%, from Rs 448 crore posted a year-ago period. EBITDA was Rs 93.8 crore, down 7%, from Rs 101.2 crore. The margin was 23% against 22.5% of last year. 
  • Aditya Birla Capital: AB Capital on Friday reported a 50% decline in consolidated profit at Rs 126 crore for the period ended on March 31, 2020. It posted a profit of Rs 254.8 crore a year ago in the same quarter. Revenue from operations grew 2.5% to Rs 4,844.9 crore against Rs 4,729.6 crore posted last year. 
  • RPG Life Sciences: RPG Life on Saturday reported financial results for the period ended March 31, 2020, and posted a consolidated net profit of Rs 2.98 crore, up 93%, against Rs 1.54 crore posted in the same quarter last year. Its revenue from operations stood at Rs 88.67 crore, up 28% from Rs 69c crore. 
  • Karnataka Bank: Karnataka Bank has reported a 55% in net profit for the March quarter at Rs 27 crore due to higher provisions. The private sector lender had posted a net profit of Rs 62 crore in the same period of the preceding fiscal ended March 2019. Its Net interest income (NII) grew 10% in the quarter to Rs 529 crore against Rs 481 crore posted a year ago in the same quarter. The bank's provisions for the quarter were raised to Rs 357 crore, 13% up, against Rs 315 crore in the corresponding quarter of 2018-19. The gross non-performing assets (GNPAs) declined to 4.8% on a quarter-on-quarter basis from 5% of Q3FY20. Net non-performing assets (NNPA) declined to 3.1%in Q4FY20 from, 3.8% Q3FY20. 
  • Garden Reach Shipbuilders: Defence PSU Garden Reach Shipbuilders & Engineers Ltd (GRSE) has reported a 47% increase in net profit to Rs 50 crore during the quarter ended March 2020, despite a fall in its income in the period. It reported a net profit of Rs 34 crore in the corresponding period of 2018-19. The warship maker’s revenue from operations declined 7% to Rs 457 crore from Rs 489 crore. EBITDA grew 11% to Rs 35 crore in Q4FY20 against Rs 31 crore posted on FY19. The margin grew 7.55% from 6.35%. 

Reliance Industries (RIL): RIL on Sunday said that it has raised Rs 5,863.5 crore from Abu Dhabi Investment Authority (AIDA) through 1.16% stake sale in its digital unit Jio Platforms. With this, Jip Platforms has raised Rs 97,886 crore by21.06% stake sale to lead global investors like Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala and AIDA. Silver Lake, a private equity firm, has invested another Rs 4546.8 crore for additional 0.93 stakes in Jio Platforms. It earlier on May 4, 2020, invested Rs 5,655.75 crore in Jio platforms. 

Liquor stocks in focus: Stocks of liquor companies like USL, UBL, Radico Khaitan, Pioneer Distilleries, GM Breweries will be in focus today as the Delhi Government has decided to withdraw the 70% special corona fee on the sale of liquor in the national capital. The decision will become effective from June 10, 2020. 

AstraZeneca Pharma: British pharma giant AstraZeneca, which is developing a coronavirus vaccine in partnership with Oxford University, said it was “on track” to roll out up to two billion doses in September. Reportedly, the vaccine is under the human trials phase, but if successful, the company hopes to have millions of doses ready in the next few months. Besides, AstraZeneca, the UK's largest pharmaceutical firm, has approached its US competitor Gilead Sciences to discuss a merger. If the merger goes ahead, it would lead to the creation of the largest-ever company in the industry. Besides, the market regulator has censured Astrazeneca Pharma India Ltd’s promoter and Elliot Group for professional misconduct and following unfair trade practices during the company's delisting plan in 2014.

IndusInd Bank: IndusInd Bank’s promoters plan to acquire additional shares of the bank from the open market. The promoters, IndusInd International Holdings Ltd. And IndusInd Ltd., presently hold 14.68% of the paid-up share capital of IndusInd Bank. They can raise their share in the private lender further till 15%, i.e. they can acquire maximum 0.32% stakes.