🔹 *Stocks in News*
VST Tillers: Company has sold 761 power tillers versus 289 on YoY basis. (Positive)
UBL has resumed its operations with limited workforce in a phased manner (Positive)
GE T&D has partially resumed operations at most of its manufacturing locations. (Positive)
Greenply had got favorable Order from Guwahati High Court for availing of area based exempt ion under Central Excise (Positive)
Prince Pipes has partially resumed manufacturing operations at its various locations (Positive)
Pricol has partially resumed manufacturing operations at Coimbatore (Positive)
Astec Lifesciences: Net profit rose to Rs 31.17 crore from Rs 12.72 crore and revenue jumped to Rs 180.57 crore versus Rs 133.75 crore, YoY. (Positive)
Pfizer has started U.S. trials of its experimental coronavirus vaccine (Positive)
Over 30 Indian vaccines are in different stages of corona vaccine development. (Positive)
Finance ministry releases about Rs 22,000 cr as a fertilizer subsidy. (Positive)
Apollo Pipes: Promoter Sameer Gupta bought 125000 shares in the company at Rs 309.98 per share. (Positive)
United Spirits has resumed operations at majority of its manufacturing facilities with reduced capacity. (Neutral)
RBL Bank: To cosider issue of debt securities on May 7. (Neutral)
Godrej Properties' board to meet on May 11 to mull raising funds via debt. (Neutral)
Wipro: The IT major has signed MoU with Maharashtra to repurpose its Pune IT facility to 450-bed COVID-19 hospital. (Neutral)
NIIT Technologies: Net profit fell to Rs 113.6 crore from Rs 123.3 crore in the previous quarter. Revenue rose to Rs 1,109.3 crore versus Rs 1,073.4 crore, QoQ (Neutral)
Rallis India: Net profit in Q4FY20 fell to Rs 0.65 crore versus Rs 1.52 crore, revenue rose to Rs 346.29 crore versus Rs 339.69 crore, YoY. (Neutral)
Adani Ports Q4: Net Profit at Rs 334.0 crore versus poll of Rs 990.0 crore, Revenues at Rs 2921.0 crore versus poll of Rs 3200.0 crore (Negative)
April Auto Sales: North America Class 8 truck orders at 4,100 units (Negative)
Piramal Ent clarifies to the reports of KKR buying 20% stake in co; says, no such proposal has been placed for approval of the board. (Negative)
Government ups excise duties on petrol and diesel by Rs 10 and Rs 13 respectively. (Negative)
Government Aims to raise Rs 22000 crore from stake sell in ITC and Axis Bank (Negative)