Friday, 20 January 2023

Allies Fin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Can Fin Home:* PAT at Rs 151.16 cr vs Rs 115.3 cr, Total income from ops at Rs 709.7 cr vs Rs 508.5 cr YoY. (Positive)

*KPI Green:* Company commissions a 25 MW solar power project for Greenlab Diamonds, Surat (Positive)

*Jubilant FoodWorks:* Plan 3,000 Domino’s stores, 250 stores for Domino’s India, in 12-18 month (Positive)

*AU Small Bank:* Net profit at Rs 392.8 cr Vs poll of Rs 361.4 cr, NII at Rs 1,152.7 cr Vs poll of Rs 1,143 cr (Positive)

*BHEL:* Company gets Rs 300 cr order for Renovation of Steam Turbines at Ukai Thermal Power Station, Gujarat (Positive)

*PVR:* Cons net profit at Rs 16.1 cr Vs loss of Rs 10.2 cr, Cons revenue up 53.2% at Rs 941 cr Vs Rs 614 cr YoY. (Positive)

*Sun Pharma:* To buy Concert Pharmaceuticals for $8/share + Milestones. (Positive)

*Surya Roshni:* Company receives a Rs 147 cr order from GAIL (Positive)

*Lupin:* Company gets tentative US FDA nod for Dolutegravir; Emtricitabine; Tenofovir Alafenamide (Positive)

*TCS:* Canadian business jet manufacturer, Bombardier selected TCS as its strategic IT partner, to accelerate its digital transformation & drive innovation. (Positive)

*Welspun Corp:* The company received Rs 92 crore as part of the total consideration of Rs 123 crore from the sale of land and civil structures. (Positive)

*KIOCL:* The company has signed an agreement with the Karnataka government for a mining lease for iron ore and manganese ore in Devadari for a period of 50 years by paying Rs 329 crore. (Positive)

*IIFL Management:* The board has approved 1-for-1 bonus share issue, 2-for-1 stock split, and Rs 17 per share interim dividend. (Positive)

*Venus Pipes:* Mukul Agarwal's wife Madhulika Agarwal has added the stock to the portfolio during the third quarter (Positive)

*Hindustan Zinc:* Net profit at Rs 2,156 cr Vs poll of Rs 2,210 cr, Cons revenue at Rs 7,866 cr Vs Rs 8,336 cr QoQ (Neutral)

*India Mart:* Net profit up 60.7% at Rs 112.8 cr Vs Rs 70 cr, Revenue up 33.7% at Rs 251.4 cr Vs Rs 188.1 cr YoY (Neutral)

*LTTS:* Net profit at Rs 303.6 cr Vs poll of Rs 298 cr, EBIT at Rs 382.9 cr VS poll of Rs 379.2 cr (Neutral)

*HUL Q3FY23* PAT at Rs 2,502 cr Vs poll of Rs 2,504 cr. Revenue at Rs 15,228 cr Vs poll of Rs 14,944 cr (Neutral)

*Happiest Minds:* The company reported a net profit of Rs 57 crore for the quarter ended December. (Neutral)

*Coforge:* Net profit at ₹228.2 cr vs poll of ₹225.3 cr. (Neutral)

*OFSS: Net profit for quarter was10% higher sequentially at Rs 437 crore (Neutral)

*HUL:* Royalty Fees to Unilever Plc increased to 3.45% from 2.65% of turnover

*Hind Zinc:* Vedanta to sell international zinc assets to Hind Zinc for $2,981 m. Hind Zinc To Pay 2% Of Turnover For Brand & Strategic Mgmt Svcs To Vedanta
By: via Allies Fin Serve Stock Market

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