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Tata Steel: Weak Q4 FY24, but risk-reward favourable for FY25 India operations are likely to perform better going into FY25. Global demand is key to watch

Jio Financial Services | CMP Rs 368 | Shares gained 3 percent after the company stated that it is seeking shareholder approval to attract foreign investments, including foreign portfolio investments, upto 49 percent through equity.

Taj GVK Hotels | CMP Rs 386 | Shares soared 6 percent after the company reported a 81 percent on year spike in net profit to Rs 26 crore for Q4 FY24. Revenue rose 12 percent on year to Rs 112 crore.

Garden Reach Shipbuilders | CMP Rs 1,419 | Shares surged 19 percent as investors cheered the company's robust fourth-quarter results. In Q4, the company's revenue crossed Rs 1,000 crore, marking an increase of 69 percent compared to the year-ago quarter. The company's net profit also doubled to Rs 112 crore during the quarter on an annual basis.

Power Grid | CMP Rs 319 | State-run Power Grid shares plunged over 2 percent as the Street digested the public-sector power major's weak earnings report. The power major reported a 3.6 percent fall in net profit for the March quarter, at Rs 4,166 crore compared to Rs 4,323 crore during the year-ago period.

Lupin | CMP Rs 1,629 | Lupin shares traded 5 percent lower on worries of increased competition for its Albuterol Sulfate inhalation aerosol in the US market. The concerns stem from US-based Amphastar getting a USFDA nod for Albuterol Sulfate. The player could slash prices by up to 10-25 percent to gain market share, analysts said.