Key equity indices ended a volatile session on a flat note on Friday, May 15, 2020. The barometer S&P BSE Sensex fell 25.16 points or 0.08% at 31,097.73. The Nifty 50 index lost 5.90 points or 0.06% at 9,136.85. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Monday, May 18, 2020. List of such five stocks:

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Vedanta: Board of Directors of the Company is scheduled to meet today, May 18, 2020, to consider the proposal for voluntary delisting of the equity shares of the Company.

Maruti: Maruti Suzuki India Limited would re-start production of vehicles at its Gurgaon plant from today, May 18, 2020. All activities would be carried out strictly following the Government regulations and guidelines and observing the Company's concern for the highest standards of safety.

Cipla/ M&M Finance/ L&T Finance/ Tata Chemical/ CDSL/ NAM India/ L&T Tech: These companies have declared their March quarter results after the market closed for the weekend on Friday. Find Details:

Cipla: The drug major Cipla on Friday reported a 32.9% Year-on-Year (YoY) decline in profit after taxes (PAT) at Rs 245.9 crore for the March quarter FY20, compared to Rs 367 crore in the same period last year. Revenue from operations for the quarter fell to Rs 4,376.19 crore from Rs 4,403.98 crore in the year-ago quarter. EBITDA was Rs 633.5 crore, down 34%, to Rs 961 crore. Margin dropped to 14.5% from 21.8%. The company has said that it will raise upto Rs 3000 Crore through various means subject to approval. Its domestic sales grew by 12% in the quarter, while US sales declined by 25%. The emerging-market business was flat on Covid-19 related logistical challenges with recovery in Q1FY21 expected. 

Mahindra and Mahindra (M&M) Financial Services: M&M Financial on Friday reported a 62% fall in profit at Rs 220.9 crore for March quarter 2019-20 due to higher provisions. The vehicle finance major had posted a profit of Rs 588 crore in the year-ago same period. Its net interest income (NII) stood at Rs 1,347.4 crore, up 3%, against Rs 1,310.9 crore. The total provisions and write-offs during the quarter were Rs 674 crore against Rs 114.5 crore of provisioning write back in March 2019 quarter. On a QoQ basis, its provisions grew by 68% to Rs 674 crore in March quarter Vs Rs 400 crore provisioned in December quarter. Rs 574 crore of provisioning has been provided on account of COVID-19. 

L&T Finance Holdings: L&T Finance on Friday reported a 30 per cent decline in consolidated net profit at Rs 384 crore for the March Quarter FY20 due to higher provisioning due to COVID-19 pandemic. The company had posted a net profit of Rs 552.12 crore in the same period a year ago. Total income for the quarter rose to Rs 3,304 crore from Rs 3,355 crore a year ago. Gross NPA stood at 5.3% against 5.9% a year ago, while net NPA was 2.28% Vs 2.6%. The company’s disbursement, collection and asset quality has remained strong during Q4FY20. L&T Finance maintained positive liquidity gaps in all buckets until 1 year after factoring the effect of the moratorium. Retail disbursements were completely stopped at the end of March 2020 due to point of sale being closed during the lockdown. 

TATA Chemicals: Tata Chemicals on Friday reported a 48% decline in consolidated profit after tax (PAT) during the quarter ended March 2020 at Rs 198 crore. The company's PAT in the corresponding quarter a year ago stood at Rs 383 crore. Revenue from operations during the quarter under review declined 7% to Rs 2,378 crore as compared with Rs 2,561 crore in the same quarter of FY19. EBITDA declined 11% to Rs 400 crore from Rs 447 crore, while margin was down to 16.6% from 17.4% reported a year ago.

Central Depository Services Ltd. (CDSL): The Company has reported a 14.9% Year-on-Year (YoY) decline in consolidated profit after taxes (PAT) at Rs 28.6 crore Vs Rs 33.6 crore posted in the corresponding quarter last year. Revenue from operations grew 17.7% to Rs 59.9 crore against Rs 50.9 crore posted a year ago. EBITDA fell to Rs 25.8 crore, down 7.9%. from Rs 28 crore. Margins were down to 43.1% in March quarter FY20 against 55% posted last year. 

L&T TECH Services: The IT solutions company reported a 0.4% Quarter-on-Quarter (QoQ) increase in profits at Rs 204.8 crore in the March quarter of the financial year 2019-20 against Rs 204.1 crore posted in December quarter of the same fiscal. Revenue stood at Rs 1,446.6 crore, up 1.7%, from Rs 1,422.9 crore. EBIT declined 8% to Rs 219.8 crore from Rs 239.1 crore posted in the previous quarter. The margin reduced to 15.2% from 16.8%. 

Nippon Life India Asset Management Ltd (NAM India): NAM India reported a 97% Year-on-Year (YoY) decline in profit after taxes at Rs 4.13 crore in March quarter FY20 against Rs 151.66 crore posted a year ago in the same quarter. Revenue from operations stood at Rs 274.5 crore, down 20%, from Rs 343.22 crore. 

Reliance Industries (RIL): Reliance Industries (RIL) on Saturday said its Rs 53,000 crore rights issue would remain open for subscription between May 20 and June 3, 2020. Besides, the company on Sunday announced US fund General Atlantic will invest Rs 6,598.38 crore in Jio Platforms. General Atlantic will pick up a 1.34 per cent stake in Jio Platforms which includes movie, music apps as wells telecoms venture Jio Infocomm. General Atlantic is a leading global growth equity firm. 

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HDFC LTD: The Reserve Bank of India (RBI) has directed the corporation to bring down its stake in HDFC ERGO Health Insurance (HDFC ERGO Health) and HDFC ERGO General Insurance Company (HDFC ERGO) to 50% or below. Currently, the corporation holds 51.15% stakes in HDFC ERGO Health and 50.48% in HDFC ERGO. Besides, the RBI has also asked it to reduce its stake in HDFC Life Insurance Company (HDFC Life) to 50% or below from existing shareholding of 51.43%.