Company news, Stocks in News, business news in brief
Ahmedabad, 5 August
Glaxosmithkline Pharma: Net profit at Rs 182 cr vs Rs 130 cr, Revenue at Rs 815 cr vs Rs 760 cr (YoY) (Positive)
CDSL: Net profit at Rs 134 cr vs Rs 74 cr, Revenue at Rs 257 cr vs Rs 150 cr (YoY) (Positive)
Gokul Agro: Net profit at Rs 52.90 cr vs Rs 24.00 cr, Revenue at Rs 4291 cr vs Rs 2500 cr (YoY) (Positive)
JK Tyre: Net profit at Rs 211.4 cr vs Rs 154 cr, Revenue at Rs 3639 cr vs Rs 3718 cr (YoY) (Positive)
Affle: Net profit at Rs 87 cr vs Rs 66 cr, Revenue at Rs 520 cr vs Rs 406 cr (YoY) (Positive)
Websol Energy: Net profit at Rs 23 cr vs Rs 5 cr, Revenue at Rs 111 cr vs Rs 0.18 cr (YoY) (Positive)
SML Isuzu: Net profit at Rs 46 cr vs Rs 32 cr, Revenue at Rs 746 cr vs Rs 632 cr (YoY) (Positive)
Delhivery: Net profit at Rs 54 cr vs loss of Rs 89.5 cr, Revenue at Rs 2172 cr vs Rs 1927 cr (YoY) (Positive)
Medplus Health: Net profit at Rs 14.30 cr vs Rs 3.80 cr, Revenue at Rs 1490 cr vs Rs 1284 cr (YoY) (Positive)
ION Exchange: Net profit at Rs 44.80 cr vs Rs 33.30 cr, Revenue at Rs 570 cr vs Rs 479 cr (YoY) (Positive)
Bhagiradha Chemicals: Net profit at Rs 7.2 cr vs Rs 2.2 cr, Revenue at Rs 111 cr vs Rs 100 cr (YoY) (Positive)
Amarjothi Spinning: Net profit at Rs 3.3 cr vs Rs 1.5 cr, Revenue at Rs 79 cr vs Rs 48 cr (YoY) (Positive)
Tube Investment/M&M: Entered in to a JV with Classic legends private ltd to incorporate a JV Co for licensing “BSA” trademarks. (Positive)
Dee Development: Company bagged a purchase order from “GE Vernova International” with order size of $473,249. (Positive)
Ashoka Buildcon: Company Lowest bidder for projects worth Rs 1280 crore from Mumbai Metropolitan Region Development Authority. (Positive)
Infra Stocks: Cabinet approves 8 new highway projects with an investment of Rs 50000 cr (Positive)
Integra Essentia: Company Secures Orders worth INR 280 Million in Agro and Infra Business Sectors (Positive)
Ambuja Cements: Company announces Rs. 1600 Cr investment to set up 6 MTPA Cement Grinding Unit in Bihar (Positive)
Savita Oil: Company approved buy back at the price of 465 rupees per share via tender offer route, buyback worth Rs. 36.45 crore (Positive)
Power Grid: Company emerges as successful bidder for inter-state transmission line in Rajasthan (Positive)
HEG: Company board to consider stock split on August 13. (Positive)
Power Mech: Company gets order worth Rs 1.43 billion for revival of PHASE II (2 x 350 mw) of Meenakshi energy Ltd, located at nellore district, Andhra Pradesh (Positive)
Lemon Tree Hotels: Company signs licence pact for 45-room hotel in Nashik, Maharashtra. (Positive)
SJVN: Company CCEA approves Rs 5,790 cr investment for hydroelectric project. (Positive)
IRCON: Matter of dispute between company and ARSS Infrastructure Projects Limited has been closed in the Arbitration (Positive)
Ram Ratna: Approved enhancement of estimated amount of investment in new manufacturing facility at Bhiwadi, Rajasthan (Positive)
Zaggle Prepaid: Company has entered into a Customer Service agreement with Baroda BNP Paribas Asset Management (Positive)
Blackbox: Secures Rs. 410 Crores in funding to drive growth and expansion in digital infrastructure sector (Positive)
Aeroflex: Net profit at Rs 12.4 cr vs Rs 11.0 cr, Revenue at Rs 89 cr vs Rs 82 cr (YoY). (Neutral)
Britannia Ind: Net profit at Rs 500 cr vs Rs 458 cr, Revenue at Rs 4250 cr vs Rs 4011 cr (YoY) (Neutral)
Divis Laboratories: Net profit at Rs430 cr vs Rs 356 cr, Revenue at Rs 2118 cr vs Rs 1778 cr (YoY) (Neutral)
SBI: Net profit at Rs 17,035 cr vs Rs 16,884 cr, NII at Rs 41,425 cr vs Rs 38,905 cr (YoY) (Neutral)
Amara Raja: Net profit at Rs 249 cr vs Rs 198 cr, Revenue at Rs 3263 cr vs Rs 2796 cr (YoY) (Neutral)
Bank of India: Net profit at Rs 1703 cr vs Rs 1551 cr, NII at Rs 6276 cr vs Rs 5914 cr (YoY) (Neutral)
Tamilnad Mercantile Bank: Net profit at Rs 287.3 cr vs Rs 261 cr, NII at Rs 174.8 cr vs Rs 161.9 cr (YoY) (Neutral)
Eveready Industries: Net profit at Rs 50 cr vs Rs 44 cr, Revenue at Rs 349 cr vs Rs 364 cr (YoY) (Neutral)
Ramco Ind: Net profit at Rs 39.40 cr vs Rs 39.60 cr, Revenue at Rs 540 cr vs Rs 490 cr (YoY) (Neutral)
Andhra Petrochemical: Net profit at Rs 15.90 cr vs Rs 1.20 cr, Revenue at Rs 130 cr vs Rs 191 cr (YoY) (Neutral)
Paushak: Net profit at Rs 10.31 cr vs Rs 9.10 cr, Revenue at Rs 52.01 cr vs Rs 48.60 cr (YoY) (Neutral)
Eris Lifesciences: Net profit at Rs 89 cr vs Rs 94 cr, Revenue at Rs 720 cr vs Rs 467 cr (YoY) (Neutral)
Kriti Industries: Net profit at Rs 13.7 cr vs Rs 7.8 cr, Revenue at Rs 257 cr vs Rs 280 cr (YoY) (Neutral)
Wipro: Company gets Rs 224 crore from relinquishment of lease hold rights & transfer of land, building along with other assets (Neutral)
Jyothy Labs: Sanjay Agarwal resigns as CFO of Company, effective August 2. (Neutral)
Adani Energy: Company sets QIP issue price at Rs 976/share. (Neutral)
Samvardhana Motherson: Company to acquire Sojitz Corp’s 34% stake in JV Motherson Auto Solutions for Rs 237 crore (Neutral)
Aptech: Pawan Nawal appointed as Group CFO of Aptech, effective August 2 (Neutral)
ABFRL+TCNS: Scheme of Amalgamation among TCNS Clothing & ABFRL has approved by NCLT (Neutral)
Infosys: DGGI closes pre-show cause GST notice proceedings of Rs 3,898 cr for 2017-18 (Neutral)
JSW Steel: Company submits notice to surrender mining lease w.r.t one mine, namely Jajang Iron Ore Block at Keonjhar, Odisha due to un-economic operation (Neutral)
Jay Bharat Maruti: Company approved raising of funds amount not exceeding Rs 5 Billion (Neutral)
Hero MotoCorp: Company collaborates with the International Hockey Federation (FIH) for five years. (Neutral)
Britannia: Company pays Rs 24.63 crore to workers following closure of Kolkata facility. (Neutral)
M&M Financial: Overall disbursement at approximately Rs 4,530 cr, up 3%, Collection efficiency at 95% vs 96% (YoY). (Neutral)
Aadhar Housing: Board Meeting to be held on 07-Aug-2024 to consider Fund raising (Neutral)
Allcargo Gati: Net loss at Rs 2.17 cr vs Rs 2.75 cr, Revenue at Rs 408 cr vs Rs 4826 cr (YoY) (Negative)
Nucleus Software: Net profit at Rs 30 cr vs Rs 52 cr, Revenue at Rs 195 cr vs Rs 210 cr (QoQ). (Negative)
Sudarshan Chemical: Net profit at Rs 29.43 cr vs Rs 58.03 cr, Revenue at Rs 627 cr vs Rs 758 cr (YoY) (Negative)
Gland Pharma: Company USFDA issued 3 observations to Hyderabad unit (Negative)
United Spirits/UBL: India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod (Negative)
Titan: Net profit at Rs 770 cr vs Rs 777 cr, Revenue at Rs 12,053 cr vs Rs 11,145 cr (YoY) (Negative)
Taj GVK Hotels: Net profit at Rs 12.70 cr vs Rs 13.20 cr, Revenue at Rs 92.80 cr vs Rs 91.60 cr (YoY) (Negative)
Mold Tek: Net profit at Rs 5.18 cr vs Rs 6.30 cr, Revenue at Rs 39.22 cr vs Rs 36.70 cr (YoY) (Negative)
Dhampur Sugar: Net profit at Rs 1.3 cr vs Rs 45.2 cr, Revenue at Rs 680 cr vs Rs 915 cr (YoY) (Negative)
SBIN: Fresh Slippages At Rs 7,903 Cr Vs Rs 3,867 Cr (QoQ) (Negative)
Bharat Forge/ RK Forge: North America Class 8 Truck Orders At 12,400 Units, At A 15-mth Low (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.)
