Stocks in News at a glance
Ahmedabad, 23 May
Fusion Micro: Net profit at Rs 114.5 cr Vs Rs 13.1 cr, NII up 62.1% at Rs 276.5 cr Vs Rs 170.6 cr (YoY) (Positive)
SJVN: Net profit at Rs 17.2 cr Vs Rs 7 cr, Revenue up 56% at Rs 503.8 cr Vs Rs 323.1 cr (YoY) (Positive)
EIH: Net profit at Rs 84.4 cr Vs Rs 14.8 cr, Revenue at Rs 637.1 cr Vs Rs 301 cr (YoY) (Positive)
BPCL: Net profit at Rs 6,477.7 cr Vs poll of Rs 3,981 cr, Margin at 9.4% Vs 3.5% (QoQ) (Positive)
NACL: Net profit up 64.3% at ₹33.5 cr vs ₹20.4 cr, Revenue up 27.1% at ₹598.7 cr vs ₹470.9 cr (YoY) (Positive)
Radiant Cash: Net profit at Rs 15.5 cr Vs Rs 10.9 cr, Revenue up at Rs 90.0 cr Vs Rs 78.0 cr (YoY) (Positive)
Garware: Net profit up 10.7% at Rs 59.7 cr Vs Rs 53.9 cr, Revenue up 4% at Rs 370.5 cr Vs Rs 356.3 cr (YoY) (Positive)
Kokuyo Camlin: Ace investor Porinju Veliyath-owned Equity Intelligence India has bought 5.4 lakh shares (Positive)
Matrimony. com: Carnelian Asset Advisors purchased 1.35 lakh shares in the company (Positive)
Max Healthcare: GQG Partners Emerging Markets Equity Fund purchased 75.5 lakh shares in the company (Positive)
IGL: Company accepts authorisation for Noida Geographical Area (GA) without prejudice (Positive)
JSW Steel Company and JFE Steel agree to establish Cold Rolled Grain Oriented Electrical Steel Manufacturing JV in India. (Positive)
Astra Microwave: Company’s joint venture bags an order of Rs 158 cr from Defence Public Sector (Positive)
ITI: Company bags an Advance Purchase Order worth Rs. 3,889 cr from BSNL for its 4G rollout (Positive)
MTAR Tech: Bloom Energy to host investor conference today (Positive)
Vedanta: Company declares first interim dividend of Rs 18.50 for FY24 (Positive)
Axita Cotton: Company to consider Buyback proposal (Positive)
IBul Housing: Net profit down 14.4% at Rs 262.6 cr Vs Rs 306.8 cr, NII up 13.5% at Rs 733.6 cr Vs Rs 646.3 cr (YoY) (Neutral)
Dhanlakshmi Bank: Net profit up 63.3% at Rs 38.2 cr Vs Rs 23, NII up 19.5% at Rs 115.2 cr Vs Rs 96.4 cr (YoY) (Neutral)
Camlin Fine: Net profit down 39.1% at Rs 9.2 cr Vs Rs 15 cr , Revenue up 9.6% at Rs 426.7 cr Vs Rs 389.2 cr (YoY) (Neutral)
Shree Cem: Net profit at Rs 546.2 cr Vs poll of Rs 472 cr, Margin at 18.7% Vs 22.2% (YoY) (Neutral)
Sansera: Net profit down 5.9% at Rs 35.1 cr Vs Rs 37.3 cr, Revenue up 7.3% at Rs 616.5 cr Vs Rs 574.3 cr (YoY) (Neutral)
Torrent Power: Board to consider raising funds via the issuance of non-convertible debentures up to Rs 3,000 crore (Neutral)
Century Tex: Consider Fund Raising worth Rs 400 Crores Via NCDs (Neutral)
Latteys Ind: Migration from NSE Emerge Platform To Main Board of NSE (Neutral)
Reliance Power: Company offers Rs 1,200 crore to settle VIPL’s debt (Neutral)
PB Fintech: Net loss at Rs 8.9 cr Vs Rs 219.6 cr, Revenue up 6.1% at Rs 869.1 cr Vs Rs 540.29 cr (YoY) (Negative)
Spencer’s: Net loss of Rs 61.2 cr Vs loss of Rs 42.5 cr, Revenue up 0.3% at Rs 543.4 cr Vs 541.8 Cr (YoY) (Negative)
Borosil: Net profit down 35.9% at Rs 22.1 cr Vs Rs 34.5 cr, Revenue up 17.6% at Rs 259 cr Vs Rs 220.1 cr (YoY) (Negative)
HEG: Net profit down 22.9% at Rs 99.7 cr Vs Rs 129.3 cr, Revenue down 8.3% at Rs 616.9 cr Vs Rs 673.1 cr (YoY) (Negative)
Finolex Ind: Net profit down 66.4% at Rs 166.5 cr Vs Rs 495 cr, Revenue down 28.4% at Rs 1,141.1 cr Vs Rs 1,594.6 cr (YoY) (Negative)
Gujarat Alkalies: Net profit down 67.8% at Rs 71 cr Vs Rs 221 cr, Revenue down 0.3% at Rs 1,138 cr Vs Rs 1,141.5 cr (YoY) (Negative)
Gland Pharma: Morgan Stanley Investment Funds Emerging Markets Equity Fund sold 9.6 lakh equity shares (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.)