Stocks in Focus today: Coforge, Bajaj Consumer Care, Unity Small Finance Bank

Stocks in Focus today: Coforge, Bajaj Consumer Care, Unity Small Finance Bank
Stocks in Focus today: Coforge, Bajaj Consumer Care, Unity Small Finance Bank

Mumbai: The shares of Coforge, Bajaj Consumer Care and Unity Small Finance Bank are expected to be in focus on May 6, 2025, Tuesday. The three companies declared their Q4 Results of 2024-25. The BSE Sensex and NSE Nifty on May 5 (Monday) settled higher on sustained foreign fund inflows and drop in crude oil prices.

In its January-March 2024-25 quarter, Bajaj Consumer Care’s profit went down 13 percent to Rs 31 crore. Coforge posted 16.5 percent rise in profit to Rs 261 crore in Q4 of FY25. Unity Small Finance Bank declared a superb Q4 result as profit soared 83 percent to Rs 264 crore.

Stock in focus: Coforge

The shares of IT solutions firm Coforge are expected to be in focus today after the company declared its Q4 Results of 2024-25 and registered a 16.5 per cent increase in consolidated net profit to Rs 261 crore. The firm had posted a net profit of Rs 224 crore in the year-ago period.

In its regulatory filing, the IT solutions provider mentioned its revenue from operations surging 47 per cent year-on-year to reach Rs 3,410 crore in the January-March quarter of FY25. For the entire financial year 2024-25, Coforge’s profit saw a marginal increase, from Rs 808 crore in FY24 to Rs 812 crore in FY25.

Stock in news: Unity Small Finance Bank

Unity Small Finance Bank shares are likely to be in news today as it recorded an 83 per cent jump in its net profit to Rs 264 crore for the Q4 of 2024-25. The bank saw its total income increasing significantly to Rs 977 crore against Rs 438 crore a year ago. The operating profit surged to Rs 347 crore.

In 2024-25, the bank recorded a jump of 10 percent in its profit to Rs 482 crore from Rs 439 crore in 2023-24. The bank’s total income went up to Rs 2,837 crore as against Rs 1,632 crore a year ago.

Stock to watch: Bajaj Consumer Care

Bajaj Consumer Care shares expected to be in focus after the FMCG firm registered a 13 per cent drop in consolidated net profit at Rs 30.98 crore for the January-March quarter of 2024-25. The company recorded a profit of Rs 35.58 crore in Q4.

The Bajaj Group company witnessed its revenue from operation going up by 4.38 per cent year-on-year to Rs 250.49 crore, while total expenses increased 6.4 per cent to Rs 221.38 crore.

In the full financial year 2024-25, Bajaj Consumer Care’s consolidated net profit went down 19.4 per cent year-on-year to Rs 125.26 crore. Total revenue from operations was at Rs 964.82 crore.

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 Stocks to watch Today: The shares of Unity Small Finance Bank, Bajaj Consumer Care, and Coforge are likely to be in news on 6th May 2025.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today