One 97 Communications (Paytm)

The Supreme Court has stayed the proceedings of the show cause notice for a liability of Rs 5,712 crore against the company’s subsidiary First Games Technology. On April 28, 2025, the Directorate General of GST Intelligence had issued a show cause notice to First Games for a proposed liability of Rs 5,712 crore, along with applicable interest and penalties, for the period from January 2018 to March 2023.

Eternal (Zomato)

Eternal (Zomato) may face passive outflows nearing $840 million as global index majors FTSE Russell and MSCI are set to reduce their weightage in the company’s portfolios, according to a report by CNBC TV-18, citing IIFL Capital Services. These changes follow a sharp reduction in the company’s foreign ownership limit (FOL), which has been cut from 100 percent to 49.5 percent.

Zydus Lifesciences

The company has received final approval from the United States Food and Drug Administration (USFDA) for Isotretinoin capsules. Isotretinoin capsules are indicated for the treatment of severe, disfiguring nodular acne. The capsules will be produced at the company’s manufacturing site in Moraiya, Ahmedabad.

NIBE

The company has received an export purchase order valued at $17.52 million (approximately Rs 150.62 crore) from a globally renowned defence technology company based in Israel. The order involves the manufacturing and supply of Universal Rocket Launchers.

Havells India

The company has decided to enhance its annual manufacturing capacity of cables at its Alwar location by an additional 0.25 lakh km, with an investment of Rs 340 crore. This will increase the total annual cable manufacturing capacity at Alwar to 41.45 lakh km. The additional investment is proposed to be funded through internal accruals, and the expanded capacity is expected to be operational by September 2026.

NTPC Q4 (Consolidated YoY)

Profit jumps 21.7% to Rs 7,897.1 crore Vs Rs 6,490 crore

Revenue increases 4.6% to Rs 49,833.7 crore Vs Rs 47,628.2 crore

Board recommends final dividend of Rs 3.35 per share

JSW Steel Q4 (Consolidated YoY)

Profit grows 13.5% to Rs 1,501 crore Vs Rs 1,322 crore

Revenue falls 3.1% to Rs 44,819 crore Vs Rs 46,269 crore

Board recommends final dividend of Rs 2.80 per share

JK Cement Q4 (Consolidated YoY)

Profit zooms 64% to Rs 360.4 crore Vs Rs 219.8 crore

Revenue increases 15.3% to Rs 3,581.2 crore Vs Rs 3,105.8 crore

Board recommends dividend of Rs 15 per equity share for FY25

Ashoka Buildcon Q4 (Consolidated YoY)

Profit surges 73.1% to Rs 432.2 crore Vs Rs 249.6 crore

Revenue falls 11.7% to Rs 2,694.4 crore Vs Rs 3,051.9 crore

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