Stocks in news: Kotak Mahindra Bank, Demart, Vodafone Idea, Nestle India, Coal India

Stocks in news: Kotak Mahindra Bank, Demart, Vodafone Idea, Nestle India, Coal India

Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues. Next week is expected to be driven by a combination of global macro developments and domestic triggers.

Analysts say crude oil price trends will remain the primary external variable, with the ongoing US-Iran standoff and the closure of the Strait of Hormuz likely to increase volatility. The movement of the rupee and its impact on inflation and input costs will also be closely monitored.

In today’s trade, stocks including Kotak Mahindra Bank, Demart, Vodafone Idea, Nestle India, Coal India will be in focus due to various news developments.

DMart

Avenue Supermart, operator of DMart, on Saturday reported a profit of Rs. 656.6 crore posted a net profit, up from Rs. 550.90 crore representing a jump of 19%. Net profit is attributable to the equity holders of the company.

CDSL
Central Depository Services Ltd posted a mixed performance in the fourth quarter of FY26 with profitability under pressure despite steady revenue growth. Net profit fell by 20% YoY to Rs. 80.22 crore as compared to Rs. 100 crore was compared. However, revenue of Rs. 224 crore, up 17% year-on-year to Rs. 263 crores, while EBITDA stood at Rs. 109.43 crore up 6.7% to Rs. 116.75 crores. Margins declined to 44.4% from 48.7% a year ago.

Kotak Mahindra Bank
Kotak Mahindra Bank on Saturday reported a profit of Rs. 4,065.55 crore in net profit, up from Rs. 3,552 crores representing a jump of 13.3%. Net Interest Income (NII) grew by 8.1% YoY to Rs. 7,876 crore as against Rs. 7,284 crores.

Vodafone Idea
Vodafone Idea may finally overcome one of the biggest overhangs in its long-running turnaround story, Citi said, adding that the closing of the adjusted gross revenue (AGR) chapter has significantly improved the telecom operator’s chances of raising debt and completing its network expansion.

Nestlé
Even as FMCG major Nestlé chases volume-driven growth in the new financial year, it is concerned about ‘volatility’ in prices due to rising input costs amid geopolitical uncertainties, its chairman and managing director Manish Tiwari said.

Coal India
The country’s largest coal producer CIL on Friday reported a 9.7% decline in coal production to 56.1 million tonnes (MT) in April, raising concerns about meeting the country’s growing energy demand.

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