BHEL Stock: Bharat Heavy Electrical Ltd (BHEL)reported a fall of more than 25 percent on a year-on-year basis in its consolidated net profit to Rs 484.4 crore for the March quarter.

Gift Nifty traded higher by 0.13 per cent or 29.6 points at 22,635.5, indicating a positive opening for the markets today. On 21st May, at close, the Sensex was down 52.63 points or 0.07 percent at 73,953.31, and the Nifty was up 27points or 0.12 percent at 22,529.

Stocks to be in focus today, according to Experts and Zee Business

1. Q4 Results: More than 160 companies like Sun Pharma, Power Grid, Petronet LNG, Grasim Industries, Gland Pharma, Nykaa, Paytm, Dhanlaxmi Bank, Indigo Paints, TeamLease Services, Torrent Power are scheduled to report their financial results for the quarter.
2. JK Tyre Stock: JK Tyre & Industries Reported a 54 percent year-on-year increase in its consolidated net profit to Rs 172 crore for the January-March period.
3. Dr Reddy’s Stock: A subsidiary of Dr Reddy’s Laboratories has signed a licence and supply agreement with global biotech company Alvotech for the commercialisation of AVT03.
4. SBI, Colgate-Palmolive, Oberoi Realty Stock: These companies including Great Eastern Shipping, Sula Vineyards and Trent, will trade ex-dividend on May 22.
5. TVS Motor Stock: Company has rolled out electric scooter TVS iQube in Sri Lanka. 
6. GR Infra Stock: GR Infraprojects emerges as L1 bidder for two projects amounting to Rs 4,346 crore, including a Rs 1,997 crore.
7. Metropolis Healthcare Stock: Metropolis reported quarterly results with a 8% year-on-year (YoY) rise in net profit to Rs 36.1 crore in Q4FY24 lead by volume increase and better patient realisations. 
8. BHEL Stock: Bharat Heavy Electrical Ltd (BHEL)reported a fall of more than 25 percent on a year-on-year basis in its consolidated net profit to Rs 484.4 crore for the March quarter.
9. PI Industries Stock: Company reported a 32 per cent jump in its net profit to Rs 370 crore with revenue growth of 11.2 percent for the March quarter.
10. Ircon International Stock: Ircon International reported a 3.5 per cent fall in its net profit to Rs 247 crore for the March quarter with a one per cent decline in revenue.
11. Oil India Stock: CLSA has downgraded Oil India rating to ‘reduce’ from ‘buy’ though raised its target for the state-run company to Rs 690 per share from Rs 575 per share. 

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)