STOCKS IN NEWS AT A GLANCE
Ashok Ley: Profit at ₹319 cr vs loss of ₹121.6 cr, Revenue up 56.2% at ₹10,399.7 cr vs ₹6,659.8 cr (YoY) (Positive)
Gillette: Net profit up 5.6% at ₹74.5 cr vs ₹71 cr, Revenue up 9.8% at ₹618.6 cr vs ₹563.4 cr (YoY). (Positive)
Zuari Agro: Profit at ₹69.2 cr vs ₹29.7 cr, Revenue up 49% at ₹1,416.2 cr vs ₹950.5 cr (YoY) (Positive)
ZF Commercial: Net profit at Rs 85.4 cr Vs Rs 32 cr, Revenue up 34.2% at Rs 876.1 cr Vs Rs 652.9 cr (YoY) (Positive)
RPG Life: Profit up 30.8% At ₹19.1 Cr Vs ₹14.6 Cr, Revenue up 13% At ₹130.6 Cr Vs ₹115.6 Cr (YoY) (Positive)
Britannia: Profit at ₹932.4 cr vs poll of ₹465 Cr, Margin at 19.5% vs poll of 16.1% (Positive)
Eicher Motors: Total VECV sales up 32.1% at 7,181 units vs 5,434 units (Positive)
DBL: The company has bagged 2 hybrid annuity projects worth Rs 1,370 crore in Andhra Pradesh. (Positive)
RVNL: Company has bagged orders worth Rs 41.8 crore from Southern Railway (Positive)
Lakshmi Machine: Company has reported a massive 76 percent growth in profit at Rs 113 crore YoY (Positive)
Coal India: The country’s largest coal mining company has announced production of 71.9 million tonnes of coal for January 2023, growing 11.5 percent (Positive)
Craftsman Automation: The auto ancillary company has completed acquisition of 76 percent stake in DR Axion India. (Positive)
Timken: Profit up 1.2% at ₹70.6 cr vs ₹69.8 cr, Revenue up 19.5% at ₹609.4 cr vs ₹510 cr (YoY) 1 (Neutral)
Ashok Ley: Total sales at 17,200 units vs Nomura’s estimate of 17,450 units (Neutral)
Tata Chem: Cons PAT at Rs 425 cr vs Rs 680 cr, Cons revenue at Rs 4,148 cr vs Rs 4,239 cr QoQ (Neutral)
Ajanta Pharma: Revenue at Rs 972 cr vs Rs 838 cr, EBITDA at Rs 170 cr vs Rs 240 cr. (Neutral)
Syngene: Promoter Biocon has offloaded 4 crore shares of the company via open market transactions (Neutral)
Mahindra Logistics: Net profit for the quarter ended December fell 22% on year to Rs 1.39 crore, even as revenue increased 17% to Rs 1,330 crore. (Neutral)
APL LTD: Profit down 29.1% at 121.9 cr vs ₹171.8 cr, Revenue up 18.7% at ₹1,509 cr vs ₹1,271.7 cr (YoY) (Neutral)
Hind Copper: Profit down 53.3% at ₹80.2 cr vs ₹171.7 cr, Revenue up 2.3% at ₹557 cr vs ₹544.4 cr (YoY) (Neutral)
IndusInd Bank: Company clarifies on ‘exposure towards a conglomerate group (Neutral)
Adani Ent: In the interest of subscribers, not to proceed with the further public offer (Negative)
Hero Motocorp: Total sales at 3.56 lakh units vs Nomura’s est of 4.10 lakh units (Negative)
NMDC: The state-owned miner reported a 9% on year fall in iron ore sales to 3.84 million tonne in January. (Negative)
CDSL: Consolidated net profit for the quarter ended December declined 11% YoY to Rs 74.6 crore, and revenue dropped 7% to Rs 141 crore.(Negative)
IDFC: Revenue at Rs 29.1 cr vs Rs 54 cr, PAT at Rs 22 cr vs Rs 32.2 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.)
