Stocks To Watch : Lupin, Gujgas, Wipro, Zee Media, Mastek, Adani Gas And Others – 7 May Market Report

  • Lupin – (Consolidated, YoY) Revenue up 11.97% at Rs 4,961 crore vs Rs 4,430 crore. Ebitda up 72.51% at Rs 996 crore vs Rs 578 crore. Margin up 705 bps at 20.09% vs 13.04%. Net profit up 0.79% at Rs 439 crore vs Rs 436 crore. Board recommends dividend of Rs 8 per share.
  • Gujarat Gas – (Consolidated, QOQ) Revenue up 5.13% at Rs 4,134 crore vs Rs 3,929 crore. Ebitda up 47.51% at Rs 591 crore vs Rs 401 crore . Margin up 409 bps at 14.29% vs 10.19%. Net profit up 85.72% at Rs 410 crore vs Rs 221 crore. Exceptional income item of Rs 55.69
  • Godrej Consumer Products – (Consolidated, YoY) Revenue up 5.81% at Rs 3,386 crore vs Rs 3,200 crore. Ebitda loss at Rs 1,239 crore vs EBITDA of Rs 664 crore. Net loss at Rs 1,893 crore vs profit of Rs 452 crore . Declared interim dividend of Rs 10 per share. Note: Loss on Exceptional item of Rs 2,376 crore.
  • Wipro collaborated with Microsoft to launch a suite of generative AI-powered virtual assistants for financial services.
  • Zee Media announced the cessation of Abhay Ojha as CEO.
  • Lupin received US FDA approval for Travoprost Ophthalmic Solution USP. Travoprost ophthalmic is used for the reduction of elevated intraocular pressure.
  • Bajaj Healthcare appointed Dayashankar Patel as the CFO and KMP of the company, effective today.
  • Mastek announced its iConniX portfolio to enable GenAI-led innovation across industries.
  • Gujarat Gas approved the appointment of Rajesh Sivadasan as the Chief Financial Officer and Key Managerial Personnel.
  • Adani Total Gas clarified that Dharma LNG is not part of the company’s corporate structure.

 

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