Stocks in News at a glance: ccl products, eih asso., navneet, sirca paints
Ahmedabad, 17 May:
CCL Products: Net profit up 61.9% at Rs 85.3 cr Vs Rs 53 cr, Revenue up 38.2% at Rs 520.1 cr Vs Rs 376.2 cr (YoY) (Positive)
Credit Access: PAT at Rs 297 cr vs Rs 163 cr, Total income at Rs 1,066 cr vs Rs 824 cr YoY (Positive)
EIH Associated: Net profit at Rs 26.2 cr Vs Rs 7 cr, Revenue up 78% at Rs 107.8 cr Vs Rs 60.6 cr (YoY) (Positive)
Automative Axles: Net profit at Rs 50.5 cr Vs Rs 38.5 cr, Revenue at Rs 693.0 cr Vs Rs 552.0 cr (YoY) (Positive)
Navneet: Net profit at Rs 22.9 cr Vs Rs 30.6 cr, Revenue at Rs 409.0 cr Vs Rs 264.0 cr (YoY) (Positive)
Talbros: Net profit up 34% at Rs 16.9 cr Vs Rs 13 cr, Revenue up 18.2% at Rs 175 cr Vs Rs 148 cr (YoY) (Positive)
Triveni Turbine: Net profit up 68.2% at Rs 55.5 cr Vs Rs 33 cr, Revenue up 56.3% at Rs 369.8 cr Vs Rs 236.6 cr (YoY) (Positive)
LIC HSG: Net profit at Rs 1,180.3 cr Vs poll of Rs 775.4 cr, NII at Rs 1990.0 cr Vs Rs Vs poll 1660.0 cr (Positive)
Amber: Net profit up 81.8% at Rs 104 cr Vs Rs 57 cr, Revenue up 55% at Rs 3,002.6 cr Vs Rs 1,936.7 cr (YoY) (Positive)
Sirca Paints: Cons PAT at Rs 9 cr vs Rs 6 cr, up 52.1%. Cons revenue at Rs 68 cr vs Rs 54 cr, up 25.9% YoY (Positive)
Cement stocks: April cement demand robust while pan-India #prices remain flat (Positive)
Hero/TVS/Greaves: India government favourably considering allotment of more subsidy under FAME II: Sources. (Positive)
KPI Green: Company receives commissioning certificate from Gujarat Energy Development Agency for 10.18 MW capacity solar power plant (Positive)
BPCL: Company approves Bina Refinery Ethylene project worth Rs 49,000 crore; Plans to set up 50 MW wind power plants (Neutral)
Bharti Airtel: Net profit at Rs 3,005.6 cr vs poll of Rs 2,800 cr, Revenue at Rs 36,009.0 cr vs poll of Rs 36,500.0 cr (Neutral)
Redington: Net profit down 10.9% at Rs 310.1 cr Vs Rs 348 cr, Revenue up 26.3% at Rs 21,848.6 cr Vs Rs 17.301.8 cr (YoY) (Neutral)
JSPL: Net profit at Rs 465.7 cr Vs poll of Rs 1,129 cr, Revenues at Rs 13691 cr versus poll of Rs 13383 cr (Neutral)
JK Paper: Net profit down 15% at Rs 283.5 cr Vs Rs 334 cr, Revenue up 4.6% at Rs 1,719.4 cr Vs Rs 1,643 cr (YoY) (Neutral)
Paras Defense: Net profit up 4.5% at Rs 10.8 c Vs Rs 10 cr, Revenue up 6.3% at Rs 65.1 cr Vs Rs 61.2 cr (YoY) (Neutral)
Metropolis: Net profit down 6.8% at Rs 33.4 cr Vs Rs 36 cr, Revenue down 1% at Rs 282.5 cr Vs Rs 285.5 cr (YoY) (Neutral)
Oberoi Realty: Net profit at Rs 480.3 cr Vs Rs 232 cr, Revenue up 16.8% at Rs 961.4 cr Vs Rs 823.5 cr (YoY) (Neutral)
Paytm: Company appoints Bhavesh Gupta as President, Chief Operating Officer. (Neutral)
MRF: The tyre company has entered into a purchase pact with First Energy 4 Pvt Ltd to purchase solar power company to acquire up to 19.1 percent in the company for 13.1 crore (Neutral)
Adani Group: The Adani Group- Hindenburg case has been listed in the Supreme Court today (Neutral)
Morepan: Net profit down 33.1% at Rs 8.2 cr vs Rs 12 cr, Revenue down 1.3% at Rs 363.4 cr vs Rs 368.3 cr (YoY) (Negative)
Goa Carbon: Net profit down 65.2% at Rs 5.3 cr vs Rs 15 cr, Revenue up 15.1% at Rs 316 cr vs Rs 274.5 cr (YoY) (Negative)
Indian Hume: Net profit down 19.1% at Rs 16 cr Vs Rs 20 cr, Revenue up 16% at Rs 454.2 cr Vs Rs 391.7 cr (YoY) (Negative)
Excel Ind: Net profit at Rs 2.2 cr Vs Rs 44.8 cr, Revenue at Rs 226.0 cr Vs Rs 364.0 cr (YoY) (Negative)
Indo Rama: Net profit at Rs 1.6 cr Vs Rs 107.0 cr, Revenue at Rs 880.0 cr Vs Rs 1251.0 cr (YoY) (Negative)
Vodafone Idea: Vodafone Plc says the carrying value of the group’s investment in Vodafone Idea is nil (Negative)
V Mart: Net loss of Rs 37 cr Vs loss of Rs 2.6 cr, Revenue up 29.5% at Rs 593.9 cr Vs Rs 458.8 cr (YoY) (Negative)
Chemplast: Net profit down 80.1% at Rs 46.1 cr Vs Rs 232 cr, Revenue down 36.5% at Rs 1,147 cr Vs Rs 1,807 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.)