Stocks in News/ CORPORATE RESULTS IN BRIEF: MASFINA, SONA BLW, AUSFBANK, HUL, INFOSYS
AHMEDABAD, 24 OCTOBER:
RITES: Company and NMDC collaborate for rail connectivity works (Positive)
KEC International: Company secures new orders worth Rs 11.42 billion (Positive)
Hindustan Unilever: Company Board Decides To Separate Its Ice Cream Business (Positive)
Sona BLW: Company board approves acquisition of ‘Railway equipment division’ business of Escorts Kubota for Rs 1,600 cr. (Positive)
Rice Stocks: Government lifts curbs on rice exports, removes floor price for non-basmati grain (Positive)
Dr LalPath Labs: Net Profit at Rs 130.8 cr vs Rs 110 cr, Revenue at Rs 660.2 vs Rs 601.3 cr. (YoY) (Positive)
MAS Fin: Net Profit at Rs 78 cr vs Rs 62 cr, Revenue at Rs 385 vs Rs 311 cr. (YoY) (Positive)
Thyrocare Technologies: Net Profit at Rs 26 cr vs Rs 20 cr, Revenue at Rs 177 vs Rs 148 cr. (YoY) (Positive)
Tanfac: Net Profit at Rs 19 cr vs Rs 11 cr, Revenue at Rs 111 vs Rs 81 cr. (YoY) (Positive)
Sona BLW: Net Profit at Rs 144 cr vs Rs 124 cr, Revenue at Rs 922 vs Rs 787 cr. (YoY) (Positive)
Piramal Ent: Net Profit at Rs 163 cr vs Rs 48 cr, Revenue at Rs 775 vs Rs 746 cr. (YoY) (Positive)
Fedbank Financial: Net Profit at Rs 64.5 cr vs Rs 57.8 cr, Revenue at Rs 513 vs Rs 390 cr. (YoY) (Positive)
Manorama Industries: Net Profit at Rs 27 cr vs Rs 9 cr, Revenue at Rs 195 vs Rs 117 cr. (YoY) (Positive)
PNGS: Net Profit at Rs 5.1 cr vs Rs 1.7 cr, Revenue at Rs 23 vs Rs 10.7 cr. (YoY) (Positive)
Krystal Integrated: Net Profit at Rs 15.1 cr vs Rs 11.8 cr, Revenue at Rs 266 vs Rs 234 cr. (YoY) (Positive)
TVS Holdings: Net Profit at Rs 599 cr vs Rs 457 cr, Revenue at Rs 11562 vs Rs 10619 cr. (YoY) (Positive)
Aster DM: Net Profit At ₹96.8 Cr Vs Loss Of ₹30.8 Cr, Revenue At ₹1,086.4 Cr Vs ₹929.4 Cr (YoY) (Positive)
Care Ratings: Net Profit at Rs 47 cr vs Rs 35 cr, Revenue at Rs 117 vs Rs 96 cr. (YoY) (Positive)
Jagsonpal Pharma: Net Profit at Rs 11.4 cr vs Rs 7.4 cr, Revenue at Rs 75 vs Rs 57 cr. (YoY) (Positive)
Piramal Pharma: Net profit at ₹22.6 cr vs ₹5 cr, Revenue up 17.3% at ₹2,241.8 cr vs ₹1,911.4 cr (YoY) (Positive)
Pidilite: Net profit up 17.8 % at ₹540.3 cr vs ₹458.5 cr, Revenue up 5.2% at ₹3,234.9 cr vs ₹3,076 cr (YoY) (Positive)
AU Small Finance Bank: Net Profit at Rs 571.2 cr vs poll of Rs 507.8 cr, NII at Rs 1974.3 vs poll of Rs 1967 cr (Neutral)
Schaeffler India: Net Profit at Rs 236.4 cr vs Rs 232.7 cr, Revenue at Rs 2116.3 vs Rs 1853.6 cr. (YoY) (Neutral)
Syngene International: Net Profit at Rs 106.1 cr vs Rs 116.5 cr, Revenue at Rs 891 vs Rs 910 cr. (YoY) (Neutral)
Karnataka Bank: Net Profit at Rs 336 cr vs Rs 311.2 cr, NII at Rs 834 vs Rs 822 cr. (YoY) (Neutral)
Hindustan Unilever: Net Profit at Rs 2612 cr vs poll of Rs 2675 cr, Revenue at Rs 15508 vs poll of Rs 15665 cr. (Neutral)
Birla Soft: Net Profit at Rs 127.5 cr vs Rs 150.2 cr, Revenue at Rs 1368 vs Rs 1327 cr. (QoQ). (Neutral)
United Spirits: Net Profit at Rs 341 cr vs Rs 339 cr, Revenue at Rs 2844 vs Rs 2869 cr. (YoY). (Neutral)
Coforge: Net Profit at Rs 234 cr vs poll of Rs 246 cr, Revenue at Rs 3062 vs poll of Rs 2713 cr. (Neutral)
SRF: Net Profit at Rs 201 cr vs poll Rs 290 cr, Board approves capacity addition at Dahej with ₹1,100 crore investment, says SRF (Neutral)
Kajaria: Net Profit Down 22.8% At ₹85.5 Cr Vs ₹110.8 Cr, Revenue Up 5.1% At ₹1,179.3 Cr Vs ₹1,121.6 Cr (YoY) (Neutral)
Jubilant Ingrevia: Net Profit Up 12.4% At ₹59 Cr Vs ₹52.5 Cr, Revenue Up 2.5% At ₹1,045.2 Cr Vs ₹1,019.9 Cr (YoY) ) (Neutral)
Muthoot Finance: Company approves settlement of $ 400 million Senior secured notes under $ 2 billion GMTN Programme (Neutral)
Devyani International: Company appoints Shivashish Pandey as CEO – Yum Brands (Neutral)
Power Grid Corp: Company gets investment approval for project at a cost of Rs 2.84 billion (Neutral)
State Bank of India: Company will be signing a euro 150 million line of credit with KFW (german development bank) for financing climate friendly energy generation projects (Neutral)
Prestige Estate: Company is acquiring 49% stake in arm Prestige Acres for a consideration of Rs 331 crore. (Neutral)
Infosys: Company collaborates with University Of Cambridge to establish an AI lab in London. (Neutral)
Adani Power: Company to consider fund raising up to ₹5,000 crore via Non-Convertible Debentures (NCDs) on October 28, 2024 (Neutral)
Vedanta: Company’s new issuance received final orders of over $500 million, an oversubscription from existing and new investors. (Neutral)
Skipper Company to hold board meeting on Oct 28 to consider fund raising (Neutral)
Kalpataru Company to hold board meeting on Oct 28 to consider fund raising (Neutral)
TVS Motors: Expects 7–8% growth in Q3FY25, supported by better rural demand. (Neutral)
VIP Ind: Net loss at Rs 33.05 cr vs Net Profit Rs 13.28 cr, Revenue at Rs 546.91 vs Rs 548.66 cr. (YoY) (Negative)
Birla Corp: Net loss at Rs 25.2 cr vs Net Profit Rs 58.4 cr, Revenue at Rs 1970 vs Rs 2312 cr. (YoY) (Negative)
Andhra Cement: Net loss at Rs 34.8 cr vs Rs 1.00 cr, Revenue at Rs 54.9 vs Rs 65.2 cr. (YoY) (Negative)
Bajaj Holding: Net Profit at Rs 1051 cr vs Rs 1571 cr, Revenue at Rs 1130 vs Rs 1666 cr. (YoY) (Negative)
Nuvoco: Net loss at ₹85.2 cr vs profit of 1.5 cr, Revenue down 11.8% at ₹2,268.6 cr vs ₹2,573 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.)
