Stocks in News: Thermax, JK tyre, MM forge, railtel, lemon tree, hdfc bank

Ahmedabad, 18 May

Thermax: Net profit up 52.1% at Rs 156 cr Vs Rs 103 cr, Revenue up 16% at Rs 2,310.8 cr Vs Rs 1,992 cr (YoY) (Positive)

MTAR tech: Net profit at Rs 31 cr vs Rs 20 cr, Revenue at Rs 196 cr vs Rs 96 cr YoY (Positive)

Jindal Saw: Net profit at Rs 294 cr vs Rs 122 cr, Revenue at Rs 5180 cr vs Rs 3970 cr YoY (Positive)

JK Tyre: Net profit at Rs 108.4 cr Vs Rs 40 cr, Revenue up 9.7% at Rs 3,632.5 cr Vs Rs 3,311.8 cr (YoY) (Positive)

MM Forging: Net profit at Rs 30.6 cr Vs Rs 7 cr, Revenue up 20.2% at Rs 387.4 cr Vs Rs 322.4 cr (YoY) (Positive)

Railtel: Net profit at Rs 76.0 cr Vs Rs 54.0 cr, Revenue at Rs 703.0 cr Vs Rs 465.0 cr (YoY) (Positive)

Honeywell: Net profit at Rs 112.0 cr Vs Rs 72.6 cr, Revenue at Rs 850.0 cr Vs Rs 668.0 cr (YoY) (Positive)

NHPC: Company gets Letter of Intent from Gujarat Urja Vikas Nigam Limited for 200 MW solar power project (Positive)

Lemon Tree Hotels: Company signs licence agreement for an 82-room property in Gomti Nagar, Lucknow (Positive)

HDFC Bank: RBI allows SBI Funds Management to buy upto 9.99% stake in HDFC Bank & advises to acquire upto 9.99% in HDFC Bank within 6 months (Positive)

JSW Steel: Company emerges as Preferred Bidder for composite licence of an unexplored Iron Ore mine in Maharashtra (Positive)

Future Retail: The lenders of debt-ridden Future Retail Ltd have received six bids from prospective buyers (Positive)

REC: Net profit up 33.2% at Rs 3,065.4 cr Vs Rs 2,301 cr, Revenue up 6.3% at Rs 10,243.1 cr Vs Rs 9,633.4 cr (YoY) (Neutral)

ICICI Pru: Company appoints Dhiren Salian as CFO, effective May 18 (Neutral)

IB Real: The real estate firm said the board has approved the appointment of Manish Kumar Sinha as the CFO (Neutral)

Restaurant Brands: Net loss of Rs 73.3 cr Vs loss of Rs 67 cr, Revenue up 28.6% at Rs 514 cr Vs Rs 400 cr (YoY) (Neutral)

GSK Pharma: Revenue down 2.7% at Rs 787.5 cr Vs Rs 809.6 cr, EBITDA down 3% at Rs 169.7 cr Vs Rs 175.2 cr (YoY) (Neutral)

DMCC: Net profit up 80% at Rs 6.7 cr Vs Rs 4 cr, Revenue down 7% at Rs 94.6 cr Vs Rs 101.6 cr (YoY) (Neutral)

Teamlease: Net profit down 22.4% at Rs 23.9 cr Vs Rs 31 cr, Revenue up 11.5% at Rs 2,027.3 cr Vs Rs 1,817.4 cr (YoY) (Neutral)

JSW Ispat: Net profit down 82.4% at Rs 0.58 cr Vs Rs 3.3 cr, Revenue down 2.3% at Rs 1,649 cr Vs Rs 1,687.8 cr (YoY) (Neutral)

Endurance: Net profit at Rs 136 cr vs Rs 135 cr, Revenue at Rs 2234 cr vs Rs 2079 cr YoY (Neutral)

Sheela: Net profit up 6.8% at Rs 52.3 cr Vs Rs 49 cr, Revenue down 2.4% at Rs 281.2 cr Vs Rs 288.2 cr (YoY) (Neutral)

Electrosteel casting: Net profit at Rs 101 cr vs Rs 122 cr, Revenue at Rs 1761 cr vs Rs 1555 cr YoY (Neutral)

Hitech: Net profit at Rs 8.8 cr vs Rs 8.3 cr, Revenue at Rs 128 cr vs Rs 150 cr YoY (Neutral)

Vaibhav Global: Net profit at Rs 23.3 cr vs Rs 26.9 cr, Revenue at Rs 692 cr vs Rs 685 cr YoY (Neutral)

Sheela Foam: Net profit down 9% at Rs 44.8 cr Vs Rs 49 cr, Revenue down 1% at Rs 729 cr Vs Rs 736.8 cr (YoY) (Neutral)

Whirlpool: Net profit down 25.2% at Rs 62.9 cr Vs Rs 84 cr, Revenue down 2% at Rs 1,672.7 cr Vs Rs 1,707 cr (YoY) (Negative)

Jindal Stainless: Net profit down 12.8% at Rs 765.8 cr Vs Rs 878 cr, Revenue up 0.4% at Rs 9,765 cr Vs Rs 9,726 cr (YoY) (Negative)

Deepak Fertilizer: Net profit down 9% at Rs 254.9 cr vs Rs 280 cr, Revenue up 39% at Rs 2,795.5 cr vs Rs 2,012.5 cr (YoY) (Negative)

Sanghi Ind: Net Loss at Rs 104.5 cr Vs Rs 6.2 cr profit, Revenue at Rs 224.0 cr Vs Rs 352.0 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.)