STOCKS IN NEWS IN BRIEF: JB CHEMICAL
Ahmedabad, 9 August
JB Chemicals: Net profit at Rs 176.8 cr vs Rs 142.3 cr, Revenue at Rs 1004 cr vs Rs 896 cr (YoY) (Positive)
JG Chemicals: Net profit at Rs 15.9 cr vs Rs 3.8 cr, Revenue at Rs 203 cr vs Rs 174 cr (YoY) (Positive)
Cochin Shipyard: Net profit at Rs 174 cr vs Rs 98 cr, Revenue at Rs 771 cr vs Rs 475 cr (YoY) (Positive)
Alicon Castalloy: Net profit at Rs 19.04 cr vs Rs 9.50 cr, Revenue at Rs 440 cr vs Rs 354 cr (YoY) (Positive)
Dreamfolks Services: Net profit at Rs 18.45 cr vs Rs 13.10 cr, Revenue at Rs 321 cr vs Rs 270 cr (YoY) (Positive)
ABB India: Net profit at Rs 443.5 cr vs Rs 296 cr, Revenue at Rs 28831 cr vs Rs 2509 cr (YoY) (Positive)
Bharat Rasayan: Net profit at Rs 43.1 cr vs Rs 7 cr, Revenue at Rs 282 cr vs Rs 239 cr (YoY) (Positive)
TCC Concept: Net profit at Rs 5.4 cr vs Rs 2.6 cr, Revenue at Rs 12 cr vs Rs 4 cr (YoY) (Positive)
IRIS Business Services: Net profit at Rs 2.9 cr vs Rs 0.93 cr, Revenue at Rs 28 cr vs Rs 21 cr (YoY) (Positive)
Geecee Ventures: Net profit at Rs 9.5 cr vs Rs 5 cr, Revenue at Rs 28 cr vs Rs 10 cr (YoY) (Positive)
Indian Hume Pipe: Net profit at Rs 31 cr vs Rs 8.5 cr, Revenue at Rs 364 cr vs Rs 346 cr (YoY) (Positive)
Azad Engineering: Net profit at Rs 17 cr vs Rs 7 cr, Revenue at Rs 98 cr vs Rs 76 cr (YoY) (Positive)
Lumax Industries: Net profit at Rs 34 cr vs Rs 23 cr, Revenue at Rs 765 cr vs Rs 618 cr (YoY) (Positive)
Tega Industries: Net profit at Rs 36 cr vs Rs 21 cr, Revenue at Rs 340 cr vs Rs 268 cr (YoY) (Positive)
Artemis Medicare: Net profit at Rs 16.5 cr vs Rs 9.7 cr, Revenue at Rs 223 cr vs Rs 209 cr (YoY) (Positive)
Cosmo First: Net profit at Rs 31 cr vs Rs 14 cr, Revenue at Rs 690 cr vs Rs 657 cr (YoY) (Positive)
Paramount: Net profit at Rs 25.3 cr vs Rs 14.5 cr, Revenue at Rs 320 cr vs Rs 210 cr (YoY) (Positive)
Eicher Motors: Net profit at Rs 1101.5 cr vs Rs 918 cr, Revenue at Rs 4393 cr vs Rs 3086 cr (YoY) (Positive)
Sandhar Technologies: Net profit at Rs 29.1 cr vs Rs 21.5 cr, Revenue at Rs 912.6 cr vs Rs 828.9 cr (YoY) (Positive)
HBL Power: Net profit at Rs 80.10 cr vs Rs 51.70 cr, Revenue at Rs 520 cr vs Rs 467 cr (YoY) (Positive)
Balmer Lawrie: Net profit at Rs 41.2 cr vs Rs 36.9 cr, Revenue at Rs 640 cr vs Rs 594 cr (YoY) (Positive)
Indo Amines: Net profit at Rs 19 cr vs Rs 9 cr, Revenue at Rs 265 cr vs Rs 253 cr (YoY) (Positive)
Garware: Net profit at Rs 46.8 cr vs Rs 43 cr, Revenue at Rs 336 cr vs Rs 326 cr (YoY) (Positive)
Healthcare Global: Net profit at Rs 12.08 cr vs Rs 7.61 cr, Revenue at Rs 525 cr vs Rs 460 cr (YoY) (Positive)
Gujarat State Petronet: Net profit at Rs 526.5 cr vs Rs 434 cr, Revenue at Rs 4727 cr vs Rs 4108 cr (YoY) (Positive)
GAIL: Company and Rajasthan rajya vidyut utpadan nigam ltd joined hands to optimize the operations of Rrvunl’s gas-based power plants in Rajasthan (Positive)
GR Infra: Rehabilitation and upgradation of existing 2‐lane to 4‐lane standards to End of Kamakhyanagar Bypass has been completed (Positive)
Wipro: Company in pact with Cyble for AI-driven cybersecurity risk management solutions. (Positive)
Tanla Platforms: Company has successfully on boarded Axis Bank Limited onto its Wisely ATP platform. (Positive)
SJVN: SJVN Green Energy commissions 90 MW Omkareshwar Floating Solar Project (Positive)
Greaves Cotton: Company gets EV subsidy approval from Govt. (Positive)
Jash Engineering: Approved stock split of 1 equity share of face value of Rs. 10/- each into 5 equity shares of face value of Rs. 2/- each. (Positive)
Mindteck: Company announces issuance of Bonus shares (Positive)
Praksh Ind: The Ministry of Forest & Climate Change, Chhattisgarh has granted its Final approval for Bhaskarpara Commercial Coal Mine. (Positive)
Technocraft: Board Meeting to be held on 13-Aug-2024 to consider Buyback. (Positive)
Mayur Uniquoters: Approved buyback of 5 lac equity shares of worth Rs 40 cr at price of 800/equity shares (Positive)
ABB: Approved the proposal to secure on lease approximately 6.41 acres of industrial land with warm shell factory, offices and other infrastructures, situated, Bengaluru. (Positive)
Ceigall: Company wins new orders worth Rs 1042 crores for development of Kanpur Central Bus Terminal and Bhuvaneshwar Metro Project (Positive)
Mindteck: Net profit at Rs 6.38 cr vs Rs 6.20 cr, Revenue at Rs 108 cr vs Rs 93.4 cr (YoY) (Neutral)
Global Health: Net profit at Rs 106 cr vs Rs 102 cr, Revenue at Rs 861 cr vs Rs 780 cr (YoY) (Neutral)
Astral: Net profit at Rs 120.4 cr vs Rs 119.8 cr, Revenue at Rs 1384 cr vs Rs 1280 cr (YoY) (Neutral)
Mayur Uniquoters: Net profit at Rs 37 cr vs Rs 30 cr, Revenue at Rs 213 cr vs Rs 201 cr (YoY) (Neutral)
Khadim: Net profit at Rs 1 cr vs Rs 2 cr, Revenue at Rs 154 cr vs Rs 158 cr (YoY) (Neutral)
Antony Waste Handling: Net profit at Rs 21 cr vs Rs 23 cr, Revenue at Rs 227 cr vs Rs 221 cr (YoY) (Neutral)
Gateway Distriparks: Net profit at Rs 48.67 cr vs Rs 62.90 cr, Revenue at Rs 353 cr vs Rs 370 cr (YoY) (Neutral)
Oil India: Net profit at Rs 1467 cr vs Rs 2029 cr, Revenue at Rs 5332 cr vs Rs 5527 cr (QoQ) (Neutral)
IRCON: Net profit at Rs 224 cr vs Rs 187.9 cr, Revenue at Rs 2287 cr vs Rs 2763.8 cr (YoY) (Neutral)
Biocon: Net profit at ₹659.7 cr vs poll of ₹151.2 cr, Other income at ₹1,134.5 cr vs ₹48.6 cr QoQ & vs ₹93.5 cr YoY (Neutral)
LIC: Net profit at ₹10,544 cr vs Rs 9635 cr, net premium income at ₹114230.2 cr (Neutral)
Gujarat Alkalis: Net loss at Rs 44.5 cr vs Rs 57.2 cr, Revenue at Rs 980 cr vs Rs 913 cr (YoY) (Neutral)
Concor: Net Profit at Rs 259 cr vs Rs 245 cr, Revenue at Rs 2103 cr vs Rs 1922 cr (YoY) (Neutral)
Sansera: Net profit at Rs 50.0 cr vs Rs 44.7 cr, Revenue at Rs 744 cr vs Rs 660 cr (YoY) (Neutral)
Galaxy Surf: Net profit at Rs 79 cr vs Rs 75 cr, Revenue at Rs 974 cr vs Rs 932 cr (YoY). (Neutral)
Solex Energy: Company approved issuance of bonus shares in ratio of 1:4. (Neutral)
Paramount Communications: Company approves raising funds up to Rs 400 crore via QIP or other mean (Neutral)
Nexus REITs: Blackstone may offload 21.8% of nexus REIT stake today (Neutral)
*LIC: Company update on ongoing disruption in Bangladesh, Company says situation in Bangladesh has still not reached stage of normalcy (Neutral)
Tega Ind: Approved the augmentation of shop floor capacity at the Company’s manufacturing facility located at Dahej, Gujarat (Neutral)
ABB INDIA: Company declared an interim dividend of Rs 10.66 per share. (Neutral)
MCX: SEBI approves Praveena Rai’s name as MD & CEO of MCX. (Neutral)
Utkarsh SFB: RBI approves the increase in the authorised capital of Utkarsh Small Finance Bank from Rs 1,500 crore to Rs 2,000 crore (Neutral)
GMR Infra: Board Meeting to be held on 13-Aug-2024 to consider and approve Fund raising (Neutral)
GE Power: Realigns strategy for hydropower business- says not foresee any further participation in new Hydro bids in the market. (Neutral)
Sugar Companies: India to Keep Sugar Export Curbs in Blow to Local Producers (Neutral)
Sobha: Net profit at Rs 6.1 cr vs Rs 12 cr, Revenue at Rs 640 cr vs Rs 907 cr (YoY) (Negative)
Birla Corp: Net profit at Rs 32.6 cr vs Rs 59.7 cr, Revenue at Rs 2190 cr vs Rs 2407 cr (YoY) (Negative)
Uniparts: Net profit at Rs 24.8 cr vs Rs 37.1 cr, Revenue at Rs 261 cr vs Rs 297 cr (YoY) (Negative)
Timken: Net profit at Rs 96 cr vs Rs 141 cr, Revenue at Rs 784 cr vs Rs 898 cr (YoY) (Negative)
