Tata Steel, Titan, Britannia, Adani Wilmar among the stocks to watch out for on May 4

May 4, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

Tata Steel

The company’s net profit grew 37 percent year-on-year to ₹9,835 crore in the March quarter. The company also approved a proposal to split its shares in a 10-to-1 ratio.

Credit: BCCL

Hero MotoCorp

The two-wheeler maker reported poor earnings for March quarter as profit fell nearly 28 percent year-on-year to ₹627 crore while revenue was down about 15 percent to ₹7,421 crore.

Credit: BCCL

Titan Company

The Tata Group company reported muted earnings with the net profit down by over 7 percent year-on-year to ₹491 crore in the March quarter, while revenue was slightly up at ₹7,276 crore.

Credit: BCCL


The FMCG major’s consolidated net profits grew to ₹377 crore from ₹360 crore in the same quarter last year. The company said it remained profitable due to an increase in prices, instead of volumes, like its peer HUL, as inflation remained a stress on the industry.

Credit: BCCL

JSW Energy

The power generation company’s net profit jumped eight times to ₹864 crore in the March quarter, year-on-year, while revenue was up by more than half to ₹2,441 crore.

Credit: BCCL

Adani Wilmar

The company has acquired popular rice brand Kohinoor from McCormick Switzerland GMBH for an undisclosed amount.

Credit: BCCL


The air conditioner company has announced partnership to set up a joint venture with Hong Kong-based Highly International to manufacture compressors.

Credit: Voltas

IPO watch

The most-awaited ₹20,557 crore LIC IPO opens for subscription today and closes on May 9. Also, Campus Activewear IPO announces its allotment today.

Credit: BCCL

Earnings today

Kotak Mahindra Bank, Tata Consumer Products, Adani Green Energy, ABB India, Bombay Dyeing, Deepak Nitrite, EIH, Equitas Small Finance Bank, Havells India, among others.

Credit: BCCL


The company has received an order worth ₹97 crore from Madhya Pradesh State Electronics Development Corporation.

Credit: RailTel

Wipro, Tata Motors, Maruti, YES Bank among stocks to watch out for on May 2