Stocks in News at a Glance (11-5-2023)
Ahmedabad, 11 May
P&G Hygiene and Health Care: Compaby reported a 60.4% YoY increase in net profit at Rs 165 crore (Positive)
Godrej CP: Cons PAT at Rs 452 cr vs Rs 363 cr, Cons revenue at Rs 3,200 cr vs Rs 2,916 cr YoY (Positive)
Mas FIn: Cons PAT at Rs 56.82 cr vs Rs 46.16 cr, Cons total revenue from ops at Rs 280.9 cr vs Rs 192.1 cr YoY (Positive)
Bharti Airtel: Company announced that it has surpassed the 2 million unique 5G user mark on its network in Andhra Pradesh and Telangana (Positive)
JSW Steel: Company reported standalone crude steel production of 1.7 million tonnes for the month of April 2023, up 7% year-on-year (Positive)
Thomas Cook: Sterling Holiday Resorts has launched its 41st property, Sterling Legacy Shimla, in the queen of hill stations, Shimla (Positive)
FMCG Stocks: Govt exempts customs duty on imports of crude soyabean oil & sunflower seed oil. FMCG industry grew 10.2% in value in January-March 2023, states NielsenIQ Data (Positive)
KPI Green Energy: Company gets an order for execution of a Solar Power Project of 35 MW capacity (Positive)
Dr Reddy Q4 Revenue reported at Rs 6315 crore versus poll of Rs 6349 crore, Net profit seen at Rs 960 crore versus poll of Rs 1145 crore (Neutral)
Larsen: Revenue reported at Rs 58335 crore versus poll of Rs 59300 crore, Net profit seen at Rs 3987 crore versus poll of Rs 4175 crore (Neutral)
Adani Enterprises: Board of directors will meet on May 13 in Ahmedabad to consider fundraising through various methods. (Neutral)
RattanIndia Enterprises: Diversified firm’s board approved raising funds of up to Rs 1,000 crore through qualified institutional placement (Neutral)
CSB Bank: The private sector lender has appointed Satish Gundewar as Chief Financial Officer (Neutral)
HDFC: The company has received final approval from the SEBI for a change in control of HDFC AMC (Neutral)
Relaxo: PAT at Rs 63.3 cr vs Rs 62.9 cr, Revenue from ops at Rs 765 cr vs Rs 698 cr YoY. (Neutral)
Gujarat Gas: Cons PAT at Rs 370.5 cr vs Rs 444.39 cr, Cons revenue from Ops at Rs 4,073.82 cr vs Rs 4,773.37 cr YoY (Neutral)
Sanofi: Revenue at Rs 736 cr vs Rs 707 cr, PAT at Rs 190 cr vs Rs 238 cr YoY (Neutral)
Jet Airways: Company relaunch remains uncertain as Jalan-Kalrock seeks more time to repay lenders (Neutral)
Dr Reddy: North America sales grew by 27 percent YoY but fell by 17% QoQ. (Negative)
Hindalco: Novelis Net income attributable at $156, down 27%. Net sales at $4.4 bn, down 9% YoY; up 5% QoQ (Negative)
Oil India: Stimul-T LLC, Russia oil block owner of Licence-61, has filed for bankruptcy (Negative)
Escorts: Domestic tractor market share down 47 bps YoY at 10.9% vs 11.4% YoY,. (Negative)
Venky’s: Company has reported a PAT of Rs 25.2 crore for the quarter ended March 2023 compared to Rs 57.4 crore (Negative)
Prism Johnson: Company has reported a PAT of Rs 4.3 crore for the quarter ended March 2023, down 78% YoY compared to Rs 19.9 crore (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
