Stock Movers: HDFC Bank, ICICI Bank, Gujarat Gas, HEG, BEL, Power Grid, PI Industries, Zydus Wellness

Arun Goswami
20 May, 2025
Mumbai

HDFC Bank Ltd. increased 0.3% to ₹1,944 after the financial services provider reported a slight increase in revenue and a marginal decline in net income in the March quarter.

Consolidated revenue in the March quarter decreased to ₹1,20,268.8 crore from ₹ 1,24,391.4 crore, and after-tax profit increased to ₹18,834.9 crore from ₹ 17,622.4 crore, and diluted earnings per share rose to ₹24.52 from ₹23.12 a year ago.

For the fiscal year 2025, revenue inched higher to ₹ 4,70,915.9 crore from ₹4,07,994.8 crore, after-tax profit soared to ₹70,792.2 crore from ₹64,062 crore, and diluted earnings per share advanced to ₹92.39 from ₹90.01 a year ago.

The company's board recommended a dividend of ₹22 per share.

ICICI Bank Limited advanced 0.1% to ₹1,450.85 after the financial services provider reported profit soaring 16% in the fiscal fourth quarter. 

Consolidated revenue in the March quarter inched higher to ₹79,747.8 crore from ₹67,181.7 crore, and after-tax profit advanced to ₹13,502.2 crore from ₹11,675.2 crore, and diluted earnings per share rose to ₹18.84 from ₹16.32 a year ago.

For the fiscal year 2025, revenue edged higher to ₹294,586.9 crore from ₹236,037.7 crore, after-tax profit increased to ₹51,029.2 crore from ₹44,256.4 crore, and diluted earnings per share soared to ₹71.14 from ₹61.96 a year ago.

The company's board recommended a dividend of ₹11 per share.

Gujarat Gas Ltd. gained 3.1% to ₹481.35 despite the gas distribution company reporting a 30% plunge in quarterly profit from a year ago.

Consolidated revenue in the March quarter advanced to ₹4,363.3 crore from ₹4,324.9 crore, and after-tax profit inched down to ₹287.9 crore from ₹410.5 crore, and diluted earnings per share declined to ₹4.18 from ₹5.96 a year ago.

For the fiscal year 2025, revenue edged higher to ₹17,393 crore from ₹16,399.1 crore, after-tax profit soared to ₹1,148.3 crore from ₹1,143.7 crore, and diluted earnings per share decreased to ₹16.68 from ₹16.61 a year ago.

The company's board recommended a final dividend of ₹5.82 per share.

HEG Ltd. dropped 5% to ₹502.65 after the graphite electrode manufacturer swung to a loss in the latest quarter.

Consolidated revenue in the March quarter edged down to ₹580.2 crore from ₹611.2 crore, and after-tax income swung to a loss of ₹61.7 crore from a profit of ₹35.2 crore, and diluted income per share swung to a loss of ₹3.20 from a profit of ₹1.82 a year ago.

For the fiscal year 2025, it declined to ₹2,279.4 crore from ₹2,536.6 crore, after-tax profit decreased to ₹101.3 crore from ₹231.5 crore, and diluted earnings per share fell to ₹5.25 from ₹12 a year ago.

The company's board recommended a dividend of ₹1.8 per share.

Bharat Electronics Ltd. edged higher 0.1% to ₹364 after the electronic products and systems manufacturer reported an 18% rise in its earnings in the latest quarter.

Consolidated revenue increased to ₹9,344.2 crore from ₹8,789.5 crore, net income rose to ₹2,127.1 crore from ₹1,796.7 crore, and diluted earnings per share advanced to ₹2.91 from ₹2.46 a year ago.

For the fiscal year 2025, revenue edged higher to ₹24,511.1 crore from ₹20,938.38 crore, after-tax profit soared to ₹5,322.7 crore from ₹3,985.2 crore, and diluted earnings per share jumped to ₹7.28 from ₹5.45 a year ago.

The company's board recommended a final dividend of 90 paise per share.

Power Grid Corporation of India Limited declined 0.03% to ₹304 after the power transmission company approved a final dividend despite the decline in earnings in the fiscal fourth quarter.

Consolidated revenue in the March quarter advanced to ₹12,590.8 crore from ₹12,305.4 crore, and after-tax profit inched down to ₹4,142.9 crore from ₹4,166.3 crore, and diluted earnings per share fell to ₹4.40 from ₹4.67 a year ago.

For the fiscal year 2025, revenue edged higher to ₹47,459.4 crore from ₹46,913.1 crore, after-tax profit declined to ₹15,521.4 crore from ₹15,573.2 crore, and diluted earnings per share decreased to ₹16.39 from ₹17.36 a year ago.

The company's board recommended a final dividend of ₹1.25 per share.

PI Industries Ltd. rose 0.2% to ₹3,770.75 despite the  agriscience and chemical company reporting an 11% decrease in quarterly profit from a year ago.

Consolidated revenue in the March quarter inched higher to ₹1,860.5 crore from ₹1,798.9 crore, after-tax profit edged down to ₹330.5 crore from ₹369.5 crore, and diluted earnings per share declined to ₹21.78 from ₹24.35 a year ago.

For the fiscal year 2025, revenue edged higher to ₹8,322 crore from ₹7,873.5 crore, after-tax profit decreased to ₹1,660.2 crore from ₹1,681.5 crore, and diluted earnings per share fell to ₹109.42 from ₹110.83 a year ago.

The company's board recommended a final dividend of ₹10 per share.

Zydus Wellness Ltd. advanced 1.9% to ₹1,867.60 after the generic pharmaceutical’s maker reported a 28% rise in net income in the latest quarter.

Consolidated revenue in the March quarter inched higher to ₹913.9 crore from ₹786.6 crore, and after-tax profit advanced to ₹171.9 crore from ₹150.3 crore, and diluted earnings per share rose to ₹27.01 from ₹23.62 a year ago.

For the fiscal year 2025, revenue edged higher to ₹2,722.5 crore from ₹2,341.7 crore, after-tax profit increased to ₹346.9 crore from ₹266.9 crore, and diluted earnings per share soared to ₹54.52 from ₹41.94 a year ago.

The company's board recommended a final dividend of ₹6 per share.