Stocks in News and views
Saregama: Net profit up 21% at Rs 52.5 cr vs Rs 43.4 cr, Revenue up 23.4% at Rs 185.5 cr vs Rs 150.3 cr (YoY). (Positive)
Kotak Mahindra Bank: Net profit at Rs 2791.9 cr Vs poll of Rs 2682.9 cr, NII at Rs 5652.0 cr Vs poll of Rs 5330.0 cr (Positive)
Dodla Dairy: Cons Rev Rs 675.4 cr vs Rs 575.2 cr, Cons PAT Rs 35.4 cr vs Rs 26.9 cr YoY (Positive)
Maruti Suzuki: Jimny receives 9,000 bookings and Fronx receives 2,500 bookings in 9 days of launch (Positive)
IDFC First bank: Standalone PAT Rs 604.61 cr vs Rs 281.06 cr, Gross NPA 2.96% vs 3.18% QoQ (Positive)
AU Small Bank: Net profit at Rs 392.8 cr Vs poll of Rs 361.4 cr, NII at Rs 1,152.7 cr Vs poll of Rs 1,143 cr (Positive)
BHEL: Company gets Rs 300 cr order for Renovation of Steam Turbines at Ukai Thermal Power Station, Gujarat (Positive)
Hi Tech Pipes: MOSL Equities opportunity fund bought 3 Lakh Shares at Rs 937/ Share (Positive)
ICICI Bank: Net profit at Rs 8312.0 cr Vs poll of Rs 8095.8 cr, NII at Rs 16465.0 cr Vs poll of Rs 15624.3 cr. (Positive)
Strides Pharma: Inspection by WHO at Puducherry facility completed. The unit can produce finished dosage formulation products (Positive)
63 Moons: Bombay High Court sets aside Yes Bank administrator’s order in AT1 bonds case against co. (Positive)
Union Bank has reported 107% year-on-year growth in third quarter net profit at Rs 2,245 crore. The net interest income (NII) during the quarter rose 20% (Positive)
Yes Bank: Net profit at Rs 51.0 cr Vs Rs 152.8 cr, GNPA at 2.02% VS 12.89% QOQ (Positive)
Ultratech Cement: Net profit of Rs 1060 cr for the 3rd quarter versus poll of Rs 1110 crore Revenues seen at Rs 15520 crore versus Poll Rs 15210 crore (Neutral)
SBI: Bank has entered into an agreement to purchase 40% stake in Commercial lndo Bank LLC (Neutral)
Reliance Industries: Company reports net profit of Rs 15,792 cr for the 3rd quarter versus poll of Rs 15671 crore (Neutral)
NELCO: Net profit down 3.8% at Rs 5 cr vs Rs 5.2 cr, Revenue up 3.1% at Rs 74.2 cr vs Rs 72 cr (YoY) (Neutral)
JSW Steel: Net profit at Rs 474 cr for the 3rd quarter Vs poll of Rs 990 cr, EBITDA up 1.2% at Rs 4,547 cr Vs poll of Rs 4,495 cr (Neutral)
Shakti Pumps: Net profit down 23.9% a Rs 11.2 cr Vs Rs 14.8 cr, Revenue up 17% at Rs 314.2 cr Vs Rs 268.6 cr (YoY) (Neutral)
RBL Bank: Net profit at Rs 209 cr Vs poll of Rs 215.9 cr. GNPA at 3.61% versus 3.80% QoQ (Neutral)
SBI Life: PAT Rs 304.13 cr vs Rs 364.1 cr YoY, APE up 18.8% at Rs 5,430 cr Vs Rs 4,570 cr (YoY) (Neutral)
IEX: Net profit down 3.9% at Rs 77.2 cr vs Rs 80.4 cr, Revenue down 14.7% at Rs 100.3 cr vs Rs 117.5 cr (YoY) (Neutral)
Bandhan Bank: Net profit at Rs 290.6 cr for the 3rd quarter Vs poll of Rs 327.5 cr, Slippages in the range of Rs 3,200-3,300 cr vs Rs 3,954 cr (QoQ) (Neutral)
Petronet: Net profit at Rs 1,180.5 cr for the 3rd quarter Vs poll of Rs 750 cr, EBITDA at Rs 1,675.4 cr Vs poll of Rs 1,001 Cr (Neutral)
LTIM: Net profit at Rs 1,001 cr for the 3rd quarter Vs poll of Rs 1,070 cr, Margin at 13.9% Vs CNBC-TV18 poll of 15.8% (Negative)
Tanla Platform: Net profit down 26.3% at Rs 116.5 cr vs Rs 158 cr, Revenue down 1.7% at Rs 869.6 cr vs Rs 894.9 cr (YoY) (Negative)
Shakti Pumps: Net profit down 23.9% a Rs 11.2 cr Vs Rs 14.8 cr, Revenue up 17% at Rs 314.2 cr Vs Rs 268.6 cr (YoY) (Negative)
JSW Energy: Cons PAT at Rs 186.7 cr Vs Rs 320.8 cr YoY -Cons revenue from operations at Rs 2,248 cr Vs Rs 1,905 cr YoY (Negative)
Meghmani Org: Net profit down 87.7% at Rs 8.4 cr Vs Rs 68.4 cr, Revenue down 14.2% at Rs 549.4 cr Vs Rs 640.3 Cr (YoY) (Negative)
Apollo Pipes: Net loss of Rs 4.8 cr Vs profit of Rs 14 cr, Revenue at Rs 207.0 cr Vs Rs 208.0 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.)
