India Daybook – Stocks in News
UltraTech Cement: Company to acquire stake in Duqm Cement Project International, Oman (Positive)
SH Kelkar: Subsidiary Keva Europe acquires PFW Aroma Ingredients from Keva UK for €53.83 lk. (Positive)
KEC International: Company wins new orders of Rs 1,131 cr (Positive)
Tech Mahindra: Net profit Rs 1296.0 cr Vs poll of Rs 1294.0 cr, EBIT up at Rs 1,644.9 cr Vs poll of Rs 1,592 cr (Positive)
BPCL: Net profit at Rs 1,959.6 cr Vs poll of Rs 1,436 cr, EBITDA at Rs 4234 cr vs poll Rs 3854 cr (Positive)
BPCL: The government approved a one-time grant of Rs 5,582 cr for LPG (Positive)
Adani Ent: IHC: Subscribes for $400 mn in Adani Enterprises FPO (Positive)
IIFL Finance: PAT at Rs 423 cr Vs Rs 310 cr YoY -Core loan AUM up 24% YoY at Rs 54,689 cr (Positive)
REC: Profit up 5.1% at Rs 2,915.3 cr vs Rs 2,773.4 cr, Revenue down 2.5% at Rs 9,781.8 cr vs Rs 10,037.1 cr (YoY)) (Neutral)
MRPL: Cons loss of Rs 195 cr Vs PAT of Rs 589 cr YoY, Cons revenue at Rs 30,966 cr Vs Rs 25,033 cr YoY (Neutral)
Century Tex: The company's board has approved the allotment of 7.97% unsecured NCDs of the face of Rs 1 lakh each for cash at part aggregating to Rs 400 crore (Neutral)
Larsen: Revenues seen at Rs 46389.7 crore versus poll Rs 46100.0 crore
EBIDTA seen at Rs 5073.0 crore versus poll Rs 5385.0 crore (Neutral)
Dhampur Sugar: Net profit down 20.2% at Rs 46.4 cr vs Rs 58.1 cr, Revenue down 3.2% at Rs 543.8 cr vs Rs 561.7 cr (YoY)
Inox Leisure: Net loss of Rs 40.4 cr vs loss of Rs 1.3 cr, Revenue up 73.9% at Rs 515.6 cr vs Rs 296.5 cr (YoY)
Astec Life: Net profit down 96.8% at Rs 0.8 cr vs Rs 24.7 cr, Revenue down 32.4% at Rs 117.2 cr vs Rs 173.4 cr (YoY)
Trident: Net profit down 31.7% at Rs 144.2 cr vs Rs 211 cr, Revenue down 17.1% at Rs 1,641.4 cr vs Rs 1,980 cr (YoY)
By: via Allies Fin Serve Stock Market
