GE Shipping, Saregama, Tata Motors PV Surge; Sai Life Sciences, HUDCO and Muthoot Finance Decline

The Indian benchmark indices were positive during the trading session on May 15, 2020, supported by a rise in IT stocks and robust demand for some stocks after their earnings results. The Nifty 50 Index was up by almost 0.5% at 23,800, while the Sensex was higher by almost 0.5% at 75,720. The IT index was higher by over 2%.

GE Shipping Surges 11% After Strong Q4FY26

Great Eastern Shipping Company, India’s largest private shipping & offshore logistics service provider company, gained as much as 11% after declaring impressive Q4 FY26 results. Volumes spiked to 59.75 lakh shares on the National Stock Exchange compared to an average of 5.96 lakh shares in the past 30 days.

Total revenue grew 23.5% YoY to ₹1,511 crore due to a spike in shipping revenue by 47%. EBITDA margin improved to 62.3% from 46.7%. In addition, net profit jumped threefold from ₹363 crore to ₹1,044 crore. It also announced the fourth interim dividend of ₹11.7 per share.

The GE Shipping delivered its “Jag Pankhi” tanker to the customers in the quarter. Presently, the fleet stands at 39 vessels having 3.19 m dwt. It has further contracted for another MR tanker expected to arrive in Q1 FY27. The stock witnessed such a rally owing to impressive earnings, declaration of dividend, and high volumes.

Saregama Jumps 10% On Strong Music Business

Saregama India, one of the oldest music record companies and entertainment houses in India, witnessed an increase of 10% in its stock value due to a positive Q4FY26 performance. The number of NSE trades rose to 2.63 crore stocks compared to the average number of 4.24 lakh shares for the month.

The income grew by 19% YoY to ₹287 crore, driven by a 32% growth in its music division, including licensing and artiste management. The EBITDA witnessed a growth of 31% to ₹133 crore, while the margin increased to 46% from 42%. Net profits also saw a growth of 24% to ₹74 crore.

On the contrary, FY26 turned out to be a disappointing year for Saregama India, where its revenue fell by 16%, EBITDA increased by 13%,

Tata Motors PV Gains Nearly 9% On Optimistic Outlook

One of the top auto manufacturers in India, Tata Motors, recorded a 9% gain despite poor Q4FY26 earnings performance. Trading volumes climbed to 2.36 crore shares, more than twice the 30-day average.

Top-line gains were 7.2% at ₹1,05,447 crore YoY, helped by a 15% increase in overseas wholesale volumes. EBITDA was down to ₹13,851 crore, while margins were reduced to 13.1%. Net income fell to ₹5,878 crore, a drop of 31%. A dividend of ₹3 per share was proposed.

Profitability was hit by Jaguar Land Rover, but management’s positive outlook for FY27, aided by SUVs, EVs, and launches, improved investor mood.

Sai Life Sciences Falls Nearly 8% on Profit Booking

The share price of Sai Life Sciences, a leading drug development company, fell by almost 8%, becoming one of the biggest fallers on the Nifty 500 list.

There were no negative catalysts for the shares during the trading period. The drop was mainly due to profit-taking following a sustained rise in value over the last few months.

HUDCO Drops 7% Despite Strong Quarterly Profit Growth

The Housing and Urban Development Corporation (HUDCO), a state-owned housing and infrastructure funding corporation, lost nearly 7%, even though it had reported impressive Q4FY26 results.

Its net profit rose 172% from the previous year’s figure to ₹1,981 crore and paid out dividends worth ₹1.5 per share. Nevertheless, there was some profit booking in its stock due to lackluster performance in PSU funding and infrastructure counters.

Muthoot Finance Slides Over 6% Amid Asset Quality Concerns

Muthoot Finance, the largest gold loan NBFC in India, fell more than 6% even though its earnings growth was good.

Market sentiments became cautious because of the possibility that the company's number of active customers will fall, and there will be increasing impairment on gold loans. In addition, there is uncertainty regarding the regulations for gold loans. Profits were also booked amid a steep rally because of the rising price of gold.

Conclusion

The Friday session was marked by intense activity in specific stocks. GE Shipping, Saregama, and Tata Motors PV surged on strong earnings and positive expectations, whereas Sai Life Sciences, HUDCO, and Muthoot Finance slipped owing to valuation issues and sector weakness.