Stocks in News and views at a glance
Can Fin Home: PAT at Rs 151.16 cr vs Rs 115.3 cr, Total income from ops at Rs 709.7 cr vs Rs 508.5 cr YoY. (Positive)
KPI Green: Company commissions a 25 MW solar power project for Greenlab Diamonds, Surat (Positive)
Jubilant FoodWorks: Plan 3,000 Domino’s stores, 250 stores for Domino’s India, in 12-18 month (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)
PVR: Cons net profit at Rs 16.1 cr Vs loss of Rs 10.2 cr, Cons revenue up 53.2% at Rs 941 cr Vs Rs 614 cr YoY. (Positive)
Sun Pharma: To buy Concert Pharmaceuticals for $8/share + Milestones. (Positive)
Surya Roshni: Company receives a Rs 147 cr order from GAIL (Positive)
Lupin: Company gets tentative US FDA nod for Dolutegravir; Emtricitabine; Tenofovir Alafenamide (Positive)
TCS: Canadian business jet manufacturer, Bombardier selected TCS as its strategic IT partner, to accelerate its digital transformation & drive innovation. (Positive)
Welspun Corp: The company received Rs 92 crore as part of the total consideration of Rs 123 crore from the sale of land and civil structures. (Positive)
KIOCL: The company has signed an agreement with the Karnataka government for a mining lease for iron ore and manganese ore in Devadari for a period of 50 years by paying Rs 329 crore. (Positive)
IIFL Management: The board has approved 1-for-1 bonus share issue, 2-for-1 stock split, and Rs 17 per share interim dividend. (Positive)
Venus Pipes: Mukul Agarwal’s wife Madhulika Agarwal has added the stock to the portfolio during the third quarter (Positive)
Hindustan Zinc: Net profit at Rs 2,156 cr Vs poll of Rs 2,210 cr, Cons revenue at Rs 7,866 cr Vs Rs 8,336 cr QoQ (Neutral)
India Mart: Net profit up 60.7% at Rs 112.8 cr Vs Rs 70 cr, Revenue up 33.7% at Rs 251.4 cr Vs Rs 188.1 cr YoY (Neutral)
LTTS: Net profit at Rs 303.6 cr Vs poll of Rs 298 cr, EBIT at Rs 382.9 cr VS poll of Rs 379.2 cr (Neutral)
HUL Q3FY23 PAT at Rs 2,502 cr Vs poll of Rs 2,504 cr. Revenue at Rs 15,228 cr Vs poll of Rs 14,944 cr (Neutral)
Happiest Minds: The company reported a net profit of Rs 57 crore for the quarter ended December. (Neutral)
Coforge: Net profit at ₹228.2 cr vs poll of ₹225.3 cr. (Neutral)
OFSS: Net profit for quarter was10% higher sequentially at Rs 437 crore (Neutral)
HUL: Royalty Fees to Unilever Plc increased to 3.45% from 2.65% of turnover (Negative)
Hind Zinc: Vedanta to sell international zinc assets to Hind Zinc for $2,981 m. Hind Zinc To Pay 2% Of Turnover For Brand & Strategic Mgmt Svcs To Vedanta (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.)
