Stocks to Watch for April 29: CEAT, REC, Bandhan Bank, Star Health, BHEL & more

Stocks to Watch for April 29: CEAT, REC, Bandhan Bank, Star Health, BHEL & more


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Bandhan Bank | The bank reported a strong Q4 performance, with net profit rising 68% year-on-year to ₹534 crore from ₹318 crore. Net interest income (NII) saw a modest growth of 1.4% at ₹2,795.4 crore compared to ₹2,756 crore in the same period last year. Asset quality improved sequentially, with gross NPAs easing to 3.27% from 3.33% and net NPAs declining to 0.97% from 0.99% on a quarter-on-quarter basis.

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REC | The company reported a weaker Q4 performance, with net profit declining 20.6% year-on-year to ₹3,362.3 crore from ₹4,236.2 crore. Net interest income (NII) also fell 16% to ₹5,170 crore compared to ₹6,165 crore in the same period last year.

CEAT share price, CEAT Q4 result

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CEAT | The company reported a strong Q4 performance, with net profit more than doubling to ₹244 crore from ₹100 crore year-on-year. Revenue grew 23.3% to ₹4,219 crore compared to ₹3,421 crore, while EBITDA rose 52.7% to ₹593 crore from ₹388 crore. Margins improved to 14% from 11% in the same period last year. The company has recommended a dividend of ₹35 per share.

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Star Health Insurance | Star Health reported a sharp turnaround in Q4, with net profit jumping to ₹111.3 crore from ₹0.5 crore a year ago. Net earned premium grew 13.9% to ₹4,327.2 crore from ₹3,798.3 crore. The company narrowed its underwriting loss to ₹154.28 crore from ₹275.17 crore.

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AWL Agri Business | The company reported a strong Q4 performance, with net profit rising 53.5% year-on-year to ₹292 crore from ₹190 crore. Revenue grew 17.7% to ₹21,465 crore compared to ₹18,230 crore, while EBITDA increased 16.8% to ₹524 crore from ₹449 crore. However, margins slightly softened to 2.4% from 2.5% in the same period last year.

earnings reaction

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Go Digit General Insurance | The company reported a steady Q4 performance, with gross written premium rising 6.18% year-on-year to ₹2,735.7 crore from ₹2,576.4 crore. Net profit increased 29.2% to ₹149.4 crore from ₹116 crore, while assets under management (AUM) grew 16.3% to ₹22,922 crore from ₹19,703 crore. The combined ratio stood at 111.6%, slightly higher than 111.3% in the same period last year.

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Sanofi Consumer | The company reported a solid Q4 performance, with net profit rising 35.6% year-on-year to ₹67.8 crore from ₹50 crore. Revenue grew 32.8% to ₹229.2 crore compared to ₹172.6 crore, while EBITDA increased 38.5% to ₹88.8 crore from ₹64.1 crore. Margins improved to 38.7% from 37.1% in the same period last year.

bhel share price

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Bharat Heavy Electricals | BHEL said it has signed a Licensing Agreement for Transfer of Technology (LAToT) with the Naval Science & Technological Laboratory (NSTL), Visakhapatnam, a DRDO lab, for gas turbine work related to naval systems.

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Motherson Sumi Wiring | The company reported a mixed Q4 performance, with net profit inching up 1.4% year-on-year to ₹167 crore from ₹165 crore. Revenue saw a strong growth of 32.9% to ₹3,334.6 crore compared to ₹2,509.5 crore, while EBITDA rose marginally by 1% to ₹274 crore from ₹271 crore.



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