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Stock Market Today: All You Need To Know Going Into Trade On May 19

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Easy to make banana cake.
Easy to make banana cake.

Asian equities and U.S. futures fell after fears of an economic downturn spurred a flight to havens in the Wall Street.

Equities declined in Japan, Australia and South Korea after S&P 500 lost 4% -- the steepest one-day fall in almost two years. Nasdaq 100 index shed over 5%. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, fell nearly 2% to 15,930 points as of 6:45 am.

Oil fell to less than $109 a barrel on concerns about demand. Bitcoin lost nearly 5% to less than $29,000.

Stock Market Today: All You Need To Know Going Into Trade On May 19

Earnings Post Market Hours

ITC Q4 FY22 (Consolidated, YoY)

  • Revenue up 15% at Rs 17,754.02 crore

  • EBITDA up 15% to Rs 5,599.3 crore

  • EBITDA margins at 31.5% vs 31.6%

  • Net profit up 12% to Rs 4,195.69 crore

Also Read: ITC Q4 Results: Profit Up 12%, Cost Pressures Persist

Lupin Q4 FY22 (Consolidated, YoY)

  • Revenue up 3% at Rs 3,883 crore

  • Net loss at Rs 518 crore vs net profit of Rs 460 crore

  • EBITDA fell 68% to Rs 228 crore vs Rs 708 crore

  • EBITDA margin at 5.9% vs 18.7%

  • EPS at Rs -11.4 per share vs Rs 10.15

Also Read: Lupin Posts Surprise Loss in Q4 As Costs Bite

Pidilite Industries Q4 FY22 (Consolidated, YoY)

  • Revenue up 12.15% at Rs 2,507.1 crore

  • EBITDA down 12.96% at Rs 401.08 crore

  • EBITDA margin at 16% vs 20.61%

  • Net profit down 16.93% at Rs 254.35 crore

  • Recommended dividend of Rs 10 per share

Indraprastha Gas Q4 FY22 (Consolidated, YoY)

  • Revenue up 8.66% at Rs 2,649.77 crore

  • EBITDA up 6.57% at Rs 500.46 crore

  • EBITDA margin 18.89% vs 19.26%

  • Net profit up 15% at Rs 430.93 crore

LIC Housing Finance Q4 FY22 (Consolidated, QoQ)

  • Revenue up 5.2% at Rs 5,327.87 crore

  • EBIT up 7.95% at Rs 4,856.57 crore

  • EBIT margin at 91.15% vs 88.83%

  • Net profit up 44.4% at Rs 1,113.68 crore

  • Recommended dividend of Rs 8.5 per share

Granules India Q4 FY22 (Consolidated, YoY)

  • Revenue up 28.86% at Rs 1,029.97 crore

  • EBITDA down 4.6% at Rs 192.70 crore

  • EBITDA margin at 18.71% Vs 25.27%

  • Net profit down 13% at Rs 111 crore

  • Recommended final dividend of Rs 0.75 per share

Manappuram Finance Q4 FY22 (Consolidated, QoQ)

  • Revenue down 0.21% at Rs 1,481.35 crore

  • EBIT down 2.11% at Rs 838.81 crore

  • EBIT margin at 56.62% vs 57.72%

  • Net profit down 0.02% at Rs 260.95 crore

  • Declared interim dividend of Rs 0.75 per share

Shyam Metalics Q4 FY22 (Consolidated, YoY)

  • Revenue up 21.5% at Rs 2,856.77 crore

  • EBITDA up 5.8% at Rs 663.12 crore

  • EBITDA margin at 23.2% vs 26.6%

  • Net profit up 11.19% at Rs 430.86 crore

  • Recommended final dividend of Rs 2.7 per share

  • Approved fundraising of Rs 3,000 crore

JK Lakshmi Cement Q4 FY22 (Consolidated, YoY)

  • Revenue up 12.32% at Rs 1,599.83 crore

  • EBITDA up 3.7% at Rs 324.68 crore

  • EBITDA margin at 20.29% vs 21.98%

  • Net profit up 20.1% at Rs 183.73 crore

  • Recommended dividend of Rs 5 per share

Ratnamani Metals & Tubes Q4 FY22 (Consolidated, YoY)

  • Revenue up 40% at Rs 974.06 crore

  • EBITDA up 6.11% at Rs 168.53 crore

  • EBITDA margin at 17.30% Vs 22.82%

  • Net profit up 2.02% at Rs 111.63 crore

  • Recommended dividend of Rs 14 per share

  • Approved bonus issue in the ratio of 1:2

Sandur Manganese & Iron Ores Q4 FY22 (Consolidated, YoY)

  • Revenue up 100% at Rs 716.24 crore

  • EBITDA up 64% at Rs 222.03 crore

  • EBITDA margin at 31% vs 37.65%

  • Net profit up 232% at Rs 235.52 crore

Stocks To Watch

  • InterGlobe Aviation: Chief Executive Officer Ronojoy Dutta to step down on Sept. 30. KLM's Pieter Elbers to replace him.

  • Power Grid: The company won bid for Intra State transmission system of Uttar Pradesh.

  • Adani Enterprises: The company has incorporated a wholly owned subsidiary Adani Health Ventures for its healthcare vertical.

  • Ruchi Soya: The edible oils maker has approved acquisition of food retail business of Patanjali Ayurved.

  • UCO Bank: The bank appointed Sujoy Dutta as the Chief Financial Officer

Earnings Today: Godrej Consumer Products, Dr. Reddy’s, Gland Pharma, Hindustan Petroleum Corporation, Krishna Institute of Medical Sciences, Endurance Technologies, CONCOR, Chambal Fertilizers and Chemicals, Bosch, Ashok Leyland, Alkyl Amines Chemicals, Rossari Biotech, Prince Pipes and Fittings, Man Infraconstruction

Opinion
India’s Biggest Privatization Shelved for Now as Bidders Exit

Insider Trades

  • Geojit Financial Services: Promoter BNP Paribas SA sold 1.51 lakh shares between May 13 and May 16.

  • Heranba Industries: Promoter Raghuram K Shetty bought 9,000 shares on May 17.

Who's Meeting Whom

  • Aditya Birla Fashion and Retail: To meet investors on May 23.

  • Dhanuka Agritech: To meet investors and analysts on May 23.

  • Hindustan Aeronautics: To meet investors on May 20.

  • Sansera: To meet investors on May 24.

  • Finolex Industries: To meet investors and analysts on May 19.

  • Ajmera Realty: To meet investors and analysts on May 19.

  • Gati Ltd: To meet investors and analysts on May 23.

  • Motherson Sumi Systems: To meet investors and analysts on May 26.

  • R Systems International: To meet investors and analysts on May 20.

  • Metropolis Healthcare: To meet investors and analysts on May 25.

  • Sequent Scientific: To meet investors and analysts on May 26.

  • ADF Foods: To meet investors and analysts on May 23.

Trading Tweaks

  • Ex-Date Demerger: TIPS Industries

  • Ex-Date Bonus Issue: Sindhu Trade Links

  • Move Into Short-Term ASM Framework: Privi Speciality Chemicals

Money Market Update

The rupee ended at Rs 77.58 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 77.56.

F&O Cues

  • Nifty May futures ended at 16,237, a discount of 3.30 points.

  • Nifty May futures shed 5.25% and 9,273 shares in Open Interest.

  • Nifty Bank May futures ended at 34,150, a discount of 13.70 points.

  • Nifty Bank May futures shed 11.31% and 12,464 shares in Open Interest.

  • Securities in the ban list: Indiabulls Housing Finance, Punjab National Bank, Gujarat Narmada Valley Fertilizers & Chemicals.

  • Securities added to the ban list: Delta Corp

Stock Market Today: All You Need To Know Going Into Trade On May 19

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