New Delhi: The shares of Alpex Solar, Cochin Shipyard, ITC Hotels and South Indian Bank are expected to be in focus on May 16, 2025, Friday. While Alpex Solar bagged significant orders, the other three companies declared their Q4 Results of 2024-25.
South Indian Bank Q4 net profit went up 19 percent to Rs 342 crore. In its January-March quarter of the previous financial year, ITC Hotels profit increased 19 percent to Rs 257.85 crore. Cochin Shipyard Q4 net profit rose 10.93 percent to Rs 287.18 crore on higher income. Alpex Solar secured orders worth Rs 1,068.84 crore.
Stock in Focus: Alpex Solar
Alpex Solar shares are expected to be in focus as the Greater Noida-based company confirmed to seal deals worth Rs 1,068.84 crore from companies, including Coal India arm Central Mine Planning and Design Institute Ltd and Haryana Renewable Energy Development Agency.
Alpex Solar, in consortium with NVNR Power & Infra Ltd, has finalised a Rs 349.99 crore order from Central Mine Planning and Design Institute (CMPDIL), a subsidiary of Coal India. The company’s other deals include, Rs 210 crore order for the supply of solar modules to the Solar Energy Corporation of India, a Rs 378 crore worth order for the supply of solar PV modules to a leading industry player and a Rs 65.33 crore contract from the Haryana Renewable Energy Development Agency.
Cochin Shipyard share news
The shares of Cochin Shipyard Ltd are expected to be in news a day after the PSU announced its Q4 2024-25 Results. The government-owned company reported a 10.93 per cent surge in consolidated net profit at Rs 287.18 crore for the January-March quarter. It had recorded Rs 258.88 crore profit in the same period of 2023-24.
Cochin Shipyard’s total income increased to Rs 1,914.79 crore in the last quarter of the previous financial year, while it was Rs 1,366.16 crore in January-March FY24. The PSU firm’s total expenses rose to Rs 1,530.72 crore in Q4 of FY25 as against Rs 1,023.84 crore in January-March FY24. The company’s profit rose to Rs 827.33 crore, from Rs 783.27 crore in FY24.
ITC Hotels share price
ITC Hotels Ltd shares will be in focus today after the company declared its January-March quarter results of 2024-25. It recorded a 19 percent surge in consolidated net profit to Rs 257.85 crore in the Q4, as compared to a consolidated net profit of Rs 216 crore in the same quarter of 2023-24.
In a regulatory filing, ITC Hotels mentioned that its consolidated revenue from operations during the quarter was recorded at Rs 1,060.62 crore as against Rs 1,015.4 crore in the year-ago period.
Stock to Watch: South Indian Bank
In its Q4 2024-25 Results, South Indian Bank mentioned a 19 per cent growth in net profit at Rs 342 crore as against Rs 288 crore in the fourth quarter of 2023-24 fiscal year. The Kerala-based bank’s total income increased to Rs 2,946 crore in the January-March quarter of FY25, from Rs 2,621 crore in the March quarter of FY24.
For the full 2024-25 fiscal, the bank recorded a 22 per cent surge in net profit at Rs 1,303 crore. In FY’24, the net profit was Rs 1,070 crore.
The Board of Directors of the Bank has recommended a dividend of Rs 0.40 per equity share of face value of Rs 1 each (40 per cent) for the financial year ended March 31, 2025.
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Alpex Solar secured significant orders totaling Rs 1,068.84 crore, boosting investor interest. Meanwhile, Cochin Shipyard, ITC Hotels, and South Indian Bank all reported Q4 2024-25 results. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
