Stocks in news: Nykaa, Delhivery, IndusInd Bank, Mazagon Dock, ITC

Markets declined by nearly one and a half percent due to weak global cues. Key stocks such as Nykaa, Delhivery, IndusInd Bank, and ITC will be watched closely amidst third-quarter updates and new developments, including acquisitions, revenue growth, and executive changes.

Markets came under pressure and declined by nearly one and a half percent, largely weighed down by weak global cues. In today's trade, shares of Nykaa, Delhivery, IndusInd Bank, Mazagon Dock, ITC among others will be in focus due to various news developments and third quarter updates.NykaaNykaa's consolidated net revenue growth is expected to be in the low to mid-twenties in the fourth quarter, the company said in its fourth quarter update.

DelhiveryLogistics services provider Delhivery announced acquisition of Ecom Express for a cash consideration of about Rs 1,400 crore to scale up its business.Bajaj Housing FinanceBajaj Housing Finance gross disbursements for the fourth quarter reached nearly Rs 14,250 crore, a notable increase compared to Rs 11,393 crore in the same period last year.IndusInd BankIndusInd Bank fourth-quarter loan growth dropped 5.

2% and its deposit expansion remained flat from three months ago, the Indian private lender said on Friday, weeks after disclosing an accounting lapse in its derivatives portfolio.Mazagon DockThe government will exercise oversubscription option in Mazagon Dock Shipbuilders offer for sale (OFS) on Monday. The OFS was subscribed 1.

42 times of base size by non-retail investors.Federal BankShalini Warrier resigned as the executive director of the bank and to be relieved between May 15-31.ITCITC acquired 2.

62 lakh equity shares of ample foods for Rs 131 crore. With this, company’s shareholding in Ample Foods aggregates 43.75% of its share capital.

TVS MotorTVS Motor will integrate ION Mobility’s assets, intellectual property and talent into its operations.AstraZeneca Pharma IndiaAstraZeneca Pharma India received Central Drugs Standard Control Organization (CDSCO) permission to import for sale and distribution of Osimertinib Tablets for an additional indication.PuravankaraPuravankara arm Starworth Infrastructure gets Letter of Intent (LoI) for project worth Rs 118.

6 crore from Ranka Properties for a project ‘Ranka Ankura.’Godrej PropertiesGodrej Properties will develop a residential project in Versova, Mumbai, estimated revenue potential at Rs 1,350 crore..