Stocks to Watch Today, May 4: Indian stock market investors are tracking Stocks to Watch Today (May 4) as key companies, including Adani Enterprises, Kotak Mahindra Bank, Maruti Suzuki and Axis Bank report Q4 results and corporate updates.
Earnings, profit growth, revenue trends, and major business developments are likely to drive share price action, making these stocks crucial for today's trading session.
Here's the full list of stocks to watch in today's trading session:
Stocks to watch Today
Q4 Update
| Stock Name | Headline |
| Adani Enterprises | Swings to Rs 220.7 crore loss despite 20% revenue growth |
| Kotak Mahindra Bank | Profit rises 13.4% with steady NII growth |
| Avenue Supermarts | Profit jumps 19% on strong retail demand |
| RailTel Corporation of India | Profit climbs 25% with robust revenue growth |
| Aster DM Healthcare | Profit surges 77% on improving healthcare business |
| Maruti Suzuki | Sales soar 33% driven by domestic and export demand |
Adani Enterprises
Reports sharp swing to loss despite revenue growth
Adani Enterprises posted a consolidated loss of Rs 220.7 crore, a stark contrast to the Rs 3,844.9 crore profit reported in the same period last year. Despite the bottom-line setback, the company's revenue showed resilience, rising 20.3 per cent year-on-year to Rs 32,439.3 crore from Rs 26,966 crore.
Kotak Mahindra Bank
Posts steady profit and NII growth
Kotak Mahindra Bank delivered a solid performance with net profit increasing 13.4 per cent to Rs 4,026.6 crore compared to Rs 3,551.7 crore last year. Net interest income (NII), a key metric for banks, grew 8.1 per cent to Rs 7,875.5 crore from Rs 7,283.6 crore.
Avenue Supermarts
Sees strong retail momentum
Avenue Supermarts, which operates the DMart retail chain, reported a 19.2 per cent rise in profit to Rs 656.6 crore from Rs 550.9 crore. Revenue climbed 18.9 per cent year-on-year to Rs 17,683.9 crore.
RailTel Corporation of India
Delivers robust growth
RailTel Corporation posted a 25 per cent jump in profit to Rs 141.8 crore compared to Rs 113.5 crore last year. Revenue grew sharply by 27.6 per cent to Rs 1,668.9 crore.
Aster DM Healthcare
Records strong earnings surge
Aster DM Healthcare reported a significant 77.4 per cent increase in profit to Rs 140.2 crore from Rs 79 crore. Revenue rose 18.2 per cent to Rs 1,182.4 crore.
Maruti Suzuki
Sees strong sales growth across segments
Maruti Suzuki reported a robust rise in total sales, which jumped 33.3 per cent to 2.39 lakh units compared to 1.79 lakh units last year. Domestic sales grew 31.4 per cent to 1.99 lakh units, while exports surged 43.5 per cent to 40,054 units.
Corporate Update
| Stock Name | Headline |
| Punjab & Sind Bank | Targets Rs 3 lakh crore total business milestone driven by loan growth |
| Ceigall India | JV secures Rs 918 crore Jaipur Metro construction contract |
| Central Depository Services (India) Ltd | Q4 profit declines to Rs 80 crore from Rs 100 crore YoY |
| Axis Bank | Launches first branch focused on digital locker services |
| Sun Pharma Advanced Research Company | PSL Limited offloads 0.6% stake worth Rs 29.78 crore |
Punjab & Sind Bank
Targets Rs 3 lakh crore business milestone
The bank aims to achieve total business of Rs 3 lakh crore by the end of the current financial year, supported by steady loan growth.
Ceigall India
Bags Rs 918 crore metro project
Central Depository Services (India) Ltd
Q4 profit declines YoY
Axis Bank
Launches digital locker branch
Introduced its first branch focused on digital locker services to expand digital capabilities.
Sun Pharma Advanced Research Company
Stake sale worth Rs 29.78 crore
PSL Limited offloaded 0.6 per cent stake (20 lakh shares) at Rs 148.91 per share.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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