Stocks to Watch for May 19: Eicher Motors, Astral, BPCL, GNFC and more

Stocks to Watch for May 19: Eicher Motors, Astral, BPCL, GNFC and more


From Eicher Motors getting an approval from Government of Andhra Pradesh for a 215.7-acre land parcel at Tada to GNFC reporting an 87.7% year-on-year rise in consolidated net profit for the fourth quarter, here are some stocks to track ahead of Tuesday’s trading session.

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GE Vernova T&D India Ltd | The firm reported a strong set of fourth-quarter earnings, with net profit rising nearly 89% year-on-year amid robust revenue growth and sharp margin expansion.

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Eicher Motors | The Royal Enfield maker said that the Government of Andhra Pradesh has approved a 215.7-acre land parcel at Tada for the company’s proposed greenfield manufacturing expansion, with an estimated investment of up to ₹2,500 crore.

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Indraprastha Gas Ltd | India’s largest city gas distributor reported a net profit of ₹277.1 crore for the fourth quarter, compared with the CNBC-TV18 poll estimate of ₹321 crore.

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Astral Ltd | The company reported a mixed set of March quarter earnings on May 18, with profit and revenue registering healthy year-on-year growth but missing Street expectations across key operational metrics.

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Gujarat Narmada Valley Fertilizers & Chemicals Ltd | The firm reported an 87.7% year-on-year rise in consolidated net profit for the fourth quarter to ₹396 crore, compared with ₹211 crore a year earlier, aided by better sales realisations and lower input costs.

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Apollo Micro Systems Ltd | The firm reported a strong set of earnings for the March quarter, with profit and revenue rising sharply year-on-year, supported by healthy execution and improved operational performance.

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Vascon Engineers Ltd | Pune-based construction company Vascon Engineers said it has received a Letter of Intent worth ₹131.58 crore (excluding GST) from Reliance Industries Ltd for construction works at its Jamnagar expansion project.

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Earnings Watch | Companies including Zee Entertainment Enterprises Limited, Trident Limited, Synergy Green Industries Limited, RITES Limited, PNC Infratech Limited, C.E. Info Systems Limited, Mankind Pharma Limited, Bharat Petroleum Corporation Limited, and others are set to announce their quarterly results on Tuesday.

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DOMS Industries | Pencil maker DOMS Industries reported a 17.2% year-on-year rise in consolidated net profit for the fourth quarter at ₹56.7 crore, compared with ₹48.4 crore in the corresponding quarter last year.



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