Stocks in News/ Q1 RESULTS/ CORPORATE NEWS IN BRIEF
AHMEDABAD, 31 JULY
Torrent Power: Net profit at Rs 996.3 cr vs Rs 532.3 cr, Revenue at Rs 9,033.7 cr vs Rs 7,327.6 cr (YoY) (Positive)
Gail: Net profit at Rs 2,724 cr vs poll of Rs 2,334 cr, Revenue at Rs 33,673.8 cr vs poll of Rs 33,464 cr (Positive)
Jindal Saw: Net profit at Rs 441.0 cr vs Rs 265.0 cr, Revenue at Rs 4939 cr vs Rs 4410 cr (YoY) (Positive)
Johnson Control: Net profit at Rs 36.2 cr vs loss of Rs 41 cr, Revenue at Rs 996 cr vs Rs 567.2 cr (YoY) (Positive)
TVS SCS: Net profit at Rs 7.5 cr vs loss of Rs 51.1 cr, Revenue at Rs 2540 cr vs Rs 2288 cr (YoY) (Positive)
Dixon Tech: Net profit at Rs 139.7 cr vs poll of Rs 115 cr, Revenue at Rs 6,579.8 cr vs poll of Rs 5,325 cr (Positive)
India Mart: Net Profit at Rs 114 Cr Vs Rs 83 Cr, Revenue at Rs 331 Cr Vs Rs 282 Cr (YoY) (Positive)
Ajanta Pharma: Net profit at Rs 245.8 cr vs poll of Rs 209.2 cr, Revenue at Rs 1,144.9 cr vs poll of Rs 1,119.2 cr (Positive)
Lloyd Eng: Net profit at Rs 21.2 cr vs Rs 12.8 cr, Revenue at Rs 135 cr vs Rs 113 cr (YoY) (Positive)
Macrotech: Net profit at Rs 475 cr vs Rs 178 cr, Revenue at Rs 2850 cr vs Rs 1620 cr (YoY) (Positive)
Zaggle: Net profit at Rs 16.7 cr vs Rs 2.1 cr, Revenue at Rs 252 cr vs Rs 118 cr (YoY) (Positive)
V2 Retail: Net profit at Rs 15.9 cr vs Rs 4.9 cr, Revenue at Rs 415 cr vs Rs 263 cr (YoY) (Positive)
Waree: Net profit at Rs 28.2 cr vs Rs 9.1 cr, Revenue at Rs 236 cr vs Rs 128 cr (YoY) (Positive)
Manorama: Net profit at Rs 13.5 cr vs Rs 11.5 cr, Revenue at Rs 130 cr vs Rs 111 cr (YoY) (Positive)
MOIL: Net profit at Rs 152 cr vs Rs 86.5 cr, Revenue at Rs 520 cr vs Rs 405 cr (YoY) (Positive)
Star Health: Net profit at Rs 318.9 cr vs Rs 287.8 cr, Operating profit at Rs 312 cr vs Rs 292 cr (Positive)
Rajratan Wire: Net profit at Rs 15.2 cr vs Rs 12.4 cr, Revenue at Rs 220 cr vs Rs 204 cr (Positive)
Indus Towers: Net Profit Up 42.9% At Rs 1,925.9 Cr Vs Rs 1,348 Cr, Revenue Up 4.3% At Rs 7,383 Cr Vs Rs 7,075.9 Cr (YoY) (Positive)
Garden Reach: GRSE signs MoU with Medha Servo Drives for joint manufacturing of electronics products (Positive)
Vedanta: Company gets nod from 75% secured creditors for demerger scheme filing. (Positive)
Dr Reddy’s Lab: Barclays raises target price to $87 from $81 (Positive)
Piramal Pharma: Company to sell plot of land, Factory for about 90 Mln Rupees. (Positive)
Oriental Aromatics: Commercial Production at Hydrogenation Plant in Gujarat Commences. (Positive)
Stanley Lifestyles: Company to Increase Price of Its Products, Across All Formats By 5.60%. (Positive)
Paradeep: India competition regulators approves merger with Mangalore Chemicals. (Positive)
ITD Cementation: Company gets order worth Rs 1,237 cr for constructing residential colony in New Delhi. (Positive)
Paras Defence: Obtained license from government for manufacturing oh infrared based vision devises. (Positive)
HFCL: Company Develops Critical Defense Technologies Indigenously with Focus on Exports. (Positive)
CG Power: Company appoints Amar Kaul as MD and CEO, effective July 25. (Positive)
Onmobile/Delta Corp/Nazara: Government may allow 100% foreign investment in online gaming. (Positive)
Tanla Platforms: USPTO has granted 2 new patents to Tanla Digital Labs Private Limited, a WOS of Tanla Platforms Limited. (Positive)
Servotech: Net profit at Rs 6.1 cr vs Rs 5.5 cr, Revenue at Rs 112 cr vs Rs 79 cr (YoY) (Neutral)
Fine Organics: Net profit at Rs 113 cr vs Rs 114 cr, Revenue at Rs 550 cr vs Rs 547 cr (YoY) (Neutral)
Allied Digital: Net profit at Rs 10.4 cr vs Rs 8.6 cr, Revenue at Rs 179 cr vs Rs 169 cr (YoY) (Neutral)
Aegis Logistics: Net profit at Rs 131.5 cr vs Rs 116 cr, Revenue at Rs 1,601.3 cr vs Rs 2,100.5 cr (YoY) (Neutral)
Titagarh Rail: Net profit at Rs 67 cr vs Rs 62 cr, Revenue at Rs 903 cr vs Rs 910.8 cr (YoY) (Neutral)
Tata Consumer: Net profit at Rs 289.3 cr vs Rs 337.7 cr, Revenue at Rs 4,352.1 cr vs Rs 3,741.2 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 648.1 cr vs Rs 746 cr, Revenue at Rs 9,429.8 cr vs Rs 10,184 cr (YoY) (Neutral)
Navin Fluorine: Net profit at Rs 51.2 cr vs Rs 62 c, Revenue at Rs 523.7 cr vs Rs 491.2 cr (YoY) (Neutral)
Castrol: Net profit at Rs 232.2 cr vs Rs 225 cr, Revenue at Rs 1,397.5 cr vs Rs 1,333.8 cr (YoY) (Neutral)
EMudra: Net profit at Rs 17.9 cr vs Rs 15.6 cr, Revenue at Rs 95 cr vs Rs 81 cr (YoY) (Neutral)
PTC India: Net profit at Rs 44.4 cr vs Rs 36.8 cr, Revenue at Rs 160 cr vs Rs 190 cr (YoY) (Neutral)
RR Kabel: Net profit at Rs 68.4 cr vs Rs 73.7 cr, Revenue at Rs 181 cr vs Rs 160 cr (YoY) (Neutral)
ADF Foods: Net profit at Rs 15.0 cr vs Rs 15.0 cr, Revenue at Rs 120 cr vs Rs 112 cr (YoY) (Neutral)
Capital SFB: Net profit at Rs 30.3 cr vs Rs 30.1 cr, Interest earned at Rs 220 cr vs Rs 190 cr (YoY) (Neutral)
State Bank Of India: Board Meeting On Aug 3 To Consider Fund Raising. (Neutral)
Power Grid: Report on Rs 40,000 crore undersea interconnection deal with Middle East incorrect (Neutral)
Muthoot Finance: Company approves re-appointment of Hariharan K as Chief Risk Officer with effect from August 6 (Neutral)
Adani Energy: Company opens QIP, sets floor price at Rs 1,027.1 per share. (Neutral)
PNB Housing: Carlyle Group sells 12.8% stake in Punjab Housing Finance for Rs 2,578 crore at an average price of Rs 775.1/sh. (Neutral)
Bikaji Foods: Promoter Deepak Agarwal intends to sell 0.12% of stake (Neutral)
Samvardhana Motherson: Consider to consider fund raising on August 2 (Neutral)
Marico: Company gets ₹142 cr income tax demand; plans to appeal. (Neutral)
Adani Group: Plans $1bn bid for Jaypee’s realty business (Neutral)
Vedanta: Company gets tax demand order for Rs 1,289 cr for AY2020-21 from income tax department (Negative)
Hind Zinc: Company received assessment order from IT Department demanding Rs 1170 cr (Negative)
PTC Industries: Net profit at Rs 4.9 cr vs Rs 11.3 cr, Revenue at Rs 47 cr vs Rs 72 cr (YoY) (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.)
