*India Daybook – Stocks in News*
*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)
*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)
*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)
*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)
By: via Telegram.me/AlliesFin #StockMarket #india
