India Daybook – Stocks in News
J&K Bank: Net profit up 79.1% at Rs 311.6 cr vs Rs 174 cr, NII up 26.6% at Rs 1,257.4 cr vs Rs 993.3 cr (YoY) (Positive)
Axis Bank: Net profit at Rs 5,853.1 cr Vs poll of Rs 5,472.7 cr, NII at Rs 11459.0 cr Vs poll of Rs 10760.0 cr (Positive)
Poonawalla: Net profit up 88.9% at Rs 182.1 cr Vs Rs 96.4 cr, NII up 42% at Rs 463.7 cr Vs Rs 326.5 cr (YoY) (Positive)
Jindal Drilling: Revenue up 19.4% at Rs 138.2 cr Vs Rs 115.8 cr, EBITDA up 54.7% at Rs 44.9 cr Vs Rs 29 cr YoY (Positive)
Triveni Turbines: Net profit up 47.4% at Rs 52.6 cr Vs Rs 35.7 cr, Revenue up 44.7% at Rs 325.8 cr Vs Rs 225.2 cr (YoY) (Positive)
Dilip Buildcon: Skyway Infraprojects declared lowest bidder for Rs 1,947 cr Madhya Pradesh Jal Nigam Maryadit project (Positive)
Welspun Corp: The company’s Saudi associate has bagged an order worth Rs 1,200 crore to supply steel pipes. (Positive)
Zensar tech: Net profit up 34.7% at Rs 76.5 cr Vs Rs 56.8 cr, Revenue down 3% at Rs 1,197.6 cr Vs Rs 1,234.6 cr (QoQ) (Positive)
NTPC: Company completes trial operation of Unit-1 of 660 MW capacity of North Karanpura Super Thermal Power Project. (Positive)
Supreme Petro: Net profit up 50.2% at Rs 89.6 cr Vs Rs 59.6 cr, Revenue down 4.4% at Rs 1,180.4 cr Vs Rs 1,234.6 cr (QoQ) (Positive)
Satin Creditcare: Net profit up 35% at Rs 55.0 cr Vs Rs 41.0 cr, NII at Rs 238 cr, up 38%. (Positive)
Butterfly: PAT at Rs 11.7 cr vs Rs 9.1 cr, Revenue at Rs 248 cr vs Rs 246 cr YoY (Neutral)
Concor: Revenue up 3.6% At Rs 1,988.4 Cr Vs Rs 1,920 Cr (YoY) EBIDTA up 14.1% at Rs 426.4 cr vs Rs 373.8 cr (YoY) (Neutral)
KEI Ind: Net profit up 27.1% at Rs 128.6 cr Vs Rs 101.2 cr, Revenue up 14.1% at Rs 1,784.3 cr Vs Rs 1,563.8 cr (YoY) (Neutral)
Shoppers Stop: Net profit down 18.9% at Rs 62.7 cr vs Rs 77.3 cr, Revenue up 18.7% at Rs 1,137.1 cr vs Rs 958.1 cr (YoY) (Neutral)
Maruti: Company recalls 11,177 Grand Vitara vehicles. (Neutral)
HFCL: Profit up 22.7% at Rs 96.1 cr vs Rs 78 cr, Revenue down 10.6% at Rs 1,085.8 vs Rs 1 215.2 cr (YoY) (Neutral)
FSN E-Commerce: The Nykaa Fashion operator said the board members have appointed P Ganesh as Chief Financial Officer (Neutral)
Syngene: Net profit up 5.5% at Rs 109.7 cr Vs Rs 104 cr, Revenue up 22.5% at Rs 785.9 cr Vs Rs 641.4 cr (YoY) (Neutral)
Zensar Technologies: Company appoints Manish Tandon as CEO & MD for 5 years (Neutral)
Tata Comm: Net profit down 0.3% at Rs 393.9 cr Vs Rs 395.2 cr, Revenue up 8.2% at Rs 4,528.3 cr Vs Rs 4,184.9 cr (YoY) (Neutral)
Tata Motors: The automaker’s American Depositary Shares (ADS) were delisted from the New York Stock Exchange effective Monday. (Neutral)
Jindal Stainless: The company reported a 28% drop in quarterly net profit to Rs 314 crore (Neutral)
Gland Pharma: Net profit at Rs 232.9 cr Vs poll of Rs 264.5 cr, EBITDA down 12.1% at Rs 289.5 cr Vs poll of Rs 329.3 cr
Amber Ent: Net profit down 55.9% at Rs 14.2 cr Vs Rs 32.1 cr, Revenue up 38.4% at Rs 1,348.3 cr Vs Rs 974.3 Cr (YoY)
Sagar Cement: Net loss of Rs 22 cr vs profit of Rs 10.5 cr, Revenue up 72.6% at Rs 575.7 cr vs Rs 333.7 cr (YoY)
By: via Allies Fin Serve Stock Market
