ICICI Bank, Adani Ports, JSW Energy and other stocks to watch out for on May 4

May 4, 2021

By: Rounak Jain

ICICI Bank

RBI has imposed a penalty of ₹3 crore for violation of norms related to classification of investment portfolios.

Credit: BCCL

Adani Ports & SEZ

The Adani group company will declare its March 2021 quarter results today.

Credit: Adani-Ports-SEZ

JSW Energy

It has signed the largest power purchase agreement so far with the Solar Energy Corporation of India for 540MW of wind power projects.

Credit: JSW-Energy

Earnings today

Adani Ports, Adani Total Gas, Alembic Pharmaceuticals, DCM Shriram, Apollo Pipes, IIFL Securities, L&T Infotech, Suven Life Sciences and more.

Credit: Pixabay

Tata Chemicals

Its FY21 revenue has increased by 11 percent to ₹2,636 crore while its March 2021 quarter profit came in at ₹29 crore, compared to ₹198 crore a year ago.

Credit: Tata-Chemicals

L&T Technology Services

It reported a net profit of ₹205 crore for the March 2021 quarter, compared to ₹186 crore a year ago. Revenue increased by 3 percent to ₹1,447 crore, quarter-on-quarter.

Credit: BCCL

Tata Metaliks

First State Superannuation Scheme and EAM Emerging Markets Small Cap Fund bought 3.58 lakh shares at ₹1,179.42 per share. HDFC Mutual Fund sold 1.8 lakh shares at ₹1,254.57 per share.

Credit: Tata-Metaliks

Aarti Drugs

CRISIL has reaffirmed long-term credit rating at AA- Stable and short-term at A1 .

Credit: Aarti-Drugs

Zuari Agro Chemicals

It has shut down its ammonia and urea plants for annual maintenance, effective from May 3.

Credit: Zuari-Agro-Chemicals

Motherson Sumi Systems

Its subsidiary Motherson Rolling Stock Mexico has acquired Bombardier Transportation’s plant for electrical wiring interconnection systems in Mexico.

Credit: Unsplash

InterGlobe Aviation, JSW Energy, PNB and other stocks to watch out for on May 11