Table of Contents

1. Eicher Motors – EV Push & Q4 Beat

2. Apollo Tyres – Margin Pressure

3. Wendt India – Dividend & Demand

4. HUL – Volume Growth Misses

5. Brigade Enterprises – Real Estate Momentum

6. Genesys International – Smart City Gains

7. Wipro – IT Guidance Lowers Sentiment

8. Shilpa Medicare – Biopharma Upside

9. Yes Bank – Asset Quality Turns Corner

10. Vascon Engineers – Infra Book Expands

11. Market Outlook

12. Conclusion & Key Takeaways

1. Eicher Motors: A Top Performer Among Stocks to Watch on 15 May 2024

Q4 FY24 Results:

• PAT up 18% YoY to ₹1,070 crore

• Revenue rose 12% to ₹4,256 crore

• Strong exports (+23%) of Royal Enfield

EV Plans: ₹1,000 crore investment toward launching electric motorcycles by 2025.

Why Watch? Stock climbed 3% in pre-market. Analysts bullish on EV strategy.

2. Apollo Tyres: Facing Margin Headwinds

Q4 FY24 Results:

• Revenue: ₹6,450 crore (+6% YoY)

• PAT dropped 14% due to rising rubber costs

EU Expansion: Hungary plant commissioned, targeting 20% revenue from Europe by 2026.

Why Watch? Margins under pressure; stock dipped 1.5%.

3. Wendt India: High Dividend and Growth Outlook

Q4 FY24 Snapshot:

• PAT: ₹22 crore (+22% YoY)

• Revenue: ₹150 crore (+15%)

Dividend: Final dividend ₹45/share announced.
EV Tools Focus: Expanding diamond tools portfolio for battery manufacturing.

Why Watch? Stock surged 4%; niche segment leadership.

4. HUL (Hindustan Unilever): Weak Rural Demand Weighs

Q4 FY24 Results:

• PAT flat at ₹2,550 crore

• Revenue: ₹15,440 crore (+3% YoY)

Premium Brands: 12% growth in Dermalogica, Simple.
Sustainability: Introduced recycled plastic packaging.

Why Watch? Down 2% post-results; key to monitor rural sentiment.

5. Brigade Enterprises: Real Estate Stock to Watch Today

Quarter Highlights:

• PAT up 34% YoY to ₹180 crore

• Pre-sales up 27% to ₹1,650 crore

New Projects: ₹2,000 crore luxury launch in Chennai
Debt: Reduced to ₹3,100 crore

Why Watch? Shares rose 5%; real estate buoyed by rate cut hopes.

6. Genesys International: Government Contracts Drive Growth

Q4 Performance:

• Revenue jumped 40% YoY

• PAT reached ₹12 crore (from loss YoY)

Smart City Wins: ₹200 crore 3D mapping contracts
Strategic Alliance: Partnered with HERE Technologies

Why Watch? Stock up 7%; GIS theme gaining traction.

7. Wipro: IT Stock to Watch for Negative Guidance

Quarter Snapshot:

• Revenue: ₹22,210 crore (-0.8% QoQ)

• PAT: ₹3,080 crore (-5%)

Guidance: FY25 revenue outlook between -1.5% and +0.5%
AI Initiatives: Launched Wipro ai360 with 12 new deals

Why Watch? Shares fell 3%; weak IT sector sentiment.

8. Shilpa Medicare: High-Growth Pharma Stock

Q4 Highlights:

• Revenue up 18% YoY

• PAT doubled to ₹45 crore

Milestones:

• Lenalidomide USFDA approved

• ₹200 crore capex in biologics

Why Watch? Stock up 6%; biotech momentum strong.

9. Yes Bank: Turnaround Play in Focus

Q4 FY24 Snapshot:

• PAT: ₹350 crore (vs. loss YoY)

• NPA Ratio: 1.7% (improved from 2.2%)

Deposits: CASA grew 15%
FIIs: Bain Capital exited 2.3%; FII stake rose to 21%

Why Watch? Volatile due to stake sale news; signs of stability emerging.

10. Vascon Engineers: Infra Order Book Doubles

Financials:

• PAT up 25% YoY to ₹35 crore

• Order book now ₹3,200 crore

Project Wins: ₹750 crore highway contracts in Maharashtra
Debt: Reduced 30% YoY

Why Watch? Stock rallied 8%; key beneficiary of infra push.

11. Market Outlook for 15 May 2024

• Nifty 50: Range-bound at 22,200–22,500

• Top Sectors Today: Auto and real estate

• IT Underperforms: Due to weak guidance and cautious spending

• FII/DII Flows: FIIs sold ₹1,200 crore; DIIs bought ₹900 crore

12. Conclusion: What Investors Should Focus On

✅ Top Gainers: Eicher Motors, Brigade, Wendt India, and Vascon Engineers stand out for strong earnings and growth plans.
⚠️ Under Pressure: HUL and Wipro face near-term headwinds – rural slowdown and tepid tech demand respectively.
📈 Watch Closely: Genesys and Shilpa Medicare offer potential, but come with higher volatility.

📢 Pro Tip for Readers

To stay updated, use platforms like Moneycontrol, Screener.in, and Investing.com for real-time stock tracking, company financials, and smart analysis.

click to read -: Tata Power Q4 Results

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