Stocks in News: petronet, linc, south indian bank, dhanlaxmi bank, lupin, maruti
Ahmedabad, 1 August
HG Infra: Net profit up 37.4% at Rs 150.3 cr vs Rs 109.4 cr, Revenue up 22.2% at Rs 1,351.1 cr vs Rs 1,105.9 cr (YoY) (Positive)
Petronet: Net profit at Rs 789.9 cr vs poll of Rs 735 cr, EBITDA at Rs 1182.0 cr vs poll of Rs 1118.0 cr (Positive)
Linc: Net profit at Rs 7.0 cr vs Rs 4 cr, Revenue at Rs 112.0 cr vs Rs 98.0 cr (YoY) (Positive)
Dynamic Cables: Net profit at Rs 11.4 cr vs Rs 7.2 cr, Revenue at Rs 181.0 cr vs Rs 160.0 cr (YoY) (Positive)
Dharmaj Crop: Net profit at Rs 14.5 cr vs Rs 10.2 cr, Revenue at Rs 162.0 cr vs Rs 137.0 cr (YoY) (Positive)nestle,
Som Dist: Net profit at Rs 33.7 cr vs Rs 26.6 cr, Revenue at Rs 759.0 cr vs Rs 438.0 cr (YoY) (Positive)
Kaynes Tech: Net profit at Rs 246.0 cr vs Rs 100.5 cr, Revenue at Rs 2972.0 cr vs Rs 1963.0 cr YoY (Positive)
Easemytrip: Easy Trip Planners to buy stakes in 3 travel cos (Positive)
Nestle: Suresh Narayanan says launched 10 new products in the first half of 2023 (Positive)
South Indian Bank: Company has received board approval for raising funds up to Rs 1,000 crore via issuance of equity shares (Positive)
Rail Vikas Nigam: Company has received LOA for two projects from Madhya Pradesh and project cost is Rs 331.6 crore. (Positive)
Dhanlaxmi Bank: Bank paid quarterly tax, for the first time, since Q2FY12. (Positive)
Butterfly: Net profit up 11.4% at Rs 14.7 cr vs Rs 13.2 cr, Revenue down 13.6% at Rs 219 cr vs Rs 253.5 cr (YoY) (Neutral)
Sumitomo: Net profit down 14.6% at Rs 62.0 cr vs Rs 72.0 cr, Revenue up 11% at Rs 724 cr vs Rs 652.0 cr (QoQ) (Neutral)
KEI Ind: Net profit up 16.9% at Rs 121.3 cr vs Rs 103.8 cr, Revenue up 13.9% at Rs 1,782.6 cr vs Rs 1,565.4 cr (YoY) (Neutral)
Asahi India: Net profit at Rs 103.8 cr vs Rs 106.9 cr, Revenue at Rs 1088.6 cr vs Rs 922.5 cr (YoY) (Neutral)
Maruti: Net profit at Rs 2,485.1 cr vs poll of Rs 2,403 cr, Revenues at Rs 32,327 cr vs poll of Rs 31,437 cr (Neutral)
Oberoi Realty: Net profit at Rs 321.6 cr vs Rs 403.1 cr, Revenues at Rs 9099.0 cr vs Rs 9131 cr (YoY) (Neutral)
Bosch: Net profit at Rs 409.0 cr vs Rs 334.0 cr, Revenues at Rs 4158.0 cr vs Rs 3544 cr (YoY) (Neutral)
JBM Auto: Net profit at Rs 30.0 cr vs Rs 26.0 cr, Revenue at Rs 946.0 cr vs Rs 865 cr (YoY) (Neutral)
Power Grid: Net profit at Rs 3597.0 cr vs Rs 3801.0 cr, Revenue at Rs 11048.0 cr vs Rs 10905.0 cr (YoY) (Neutral)
Adani ent: Adani Group planning to raise this amount from India bond sales (Neutral)
Lupin: Company announces voluntary recall of two lots of the drug Tydemy (Neutral)
M&M: Company is setting up an electric vehicle battery testing facility at Mahindra Research Valley in Chengalpattu and a crash test facility (Neutral)
Blue Star: Company said the board of directors will meet on August 3 to consider the proposal for raising of funds. (Neutral)
Reliance Industries: Reliance Retail unveiled the all-new JioBook laptop in India (Neutral)
DLF: Block deal expected with shares worth Rs 1086.2 crore on the line, according to media sources (Neutral)
SBIN: Bank raised Rs 10,000 crore at a coupon rate of 7.54 percent through its third infrastructure bond issuance (Neutral)
IRB Infra: Net profit at Rs 134 cr vs Rs 363 cr, Revenue at Rs 1634 cr vs Rs 1925 cr (YoY) (Negative)
Aviation stocks: Jet fuel (ATF) price hiked to Rs 98,508.26/kL from Rs 90,779.88/kL in Delhi (Negative)
Oil upstream stocks: Windfall tax on crude petroleum hiked to Rs 4,250 from Rs 1,600/tonne. (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.)
