*India Daybook – Stocks in News*
*Dr Reddy Q1:* Net Profit at Rs 1405.0 crore versus poll of Rs 1041.0 crore, Revenue at Rs 6757.0 crore versus poll of Rs 6478.0 crore (Positive)
*ION Exchange:* Net profit up 18.9% at ₹33.3 cr versus ₹28 cr, Revenue up 25.3% at ₹479.2 cr versus ₹381.4 cr (YoY) (Positive)
*Colgate:* Net profit at Rs 273.7 cr vs poll of Rs 250 cr, Revenue at Rs 1,323.7 cr vs poll of Rs 1,275 cr (Positive)
*REC:* Net profit at Rs 2968.0 cr, up 23 percent, Revenue at Rs 11091.0 cr vs Rs 9506.0 cr YoY (Positive)
*Kuantum Paper:* Net profit at Rs 65.0 cr versus loss of Rs 39.0 crore, Revenue at Rs 313.0 cr vs Rs 274.0 cr YoY (Positive)
*SJS:* Net profit at Rs 18.0 cr versus Rs 16.0 crore, Revenue at Rs 1172.0 cr vs Rs 1031.0 cr YoY (Positive)
*Jindal Stainless:* Net profit at Rs 746.0 cr, up 50 percent, Revenue at Rs 10184.0 cr, up 26 percent YoY (Positive)
*Agro Tech:* Net profit at Rs 4.5 cr versus Rs 0.3 crore, Revenue at Rs 187.0 cr vs Rs 185.0 cr YoY (Positive)
*Godfrey:* Net profit at Rs 221.0 cr versus Rs 131.0 crore, Revenue at Rs 1245.0 cr vs Rs 982.0 cr YoY (Positive)
*RBL Bank:* M&M acquires 3.53% stake in RBL Bank for Rs 417 crore (Positive)
*Poonawalla Fincorp:* Completes sale of controlling stake in Poonawalla Housing Finance Limited to entity affiliated with TPG Global. (Positive)
*Gujarat Gas:* Propane Arab Gulf prices at $459/tonne vs $400/tonne at start of the month (Positive)
*Bajaj Finance:* Long-term guidance for net NPA at 0.4-0.5% vs 0.4-0.7% earlier (Positive)
*REC:* Focusing on energy transition in India, eyeing 20% share in projects: CMD. (Positive)
*Reliance:* Jio Financial & BlackRock are targeting an initial investment of $150 m each in the JV, Jio BlackRock. (Positive)
*Marico:* Company to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore (Positive)
*Delta Corp:* BOFA Securities Europe SA bought 15.89 lakh equity shares (Positive)
*Tata Consumer:* Net profit at Rs 337.7 cr versus poll of Rs 332 cr, Revenue at Rs 3,741.2 cr versus poll of Rs 3,745 cr (Neutral)
*Axis Bank:* Net Profit at Rs 5797.0 crore versus poll of Rs 4125.3 crore, NII at Rs 11958.0 crore versus poll of Rs 12018.0 crore (Neutral)
*OFSS:* Net profit rose by a marginal 2% to Rs 501 crore, while revenue increased 4% to Rs 1,462 crore in the first quarter. (Neutral)
*Vedant Fashions:* Net profit rose multi fold to Rs 92 crore. Revenue from operations fell 4% to Rs 312 crore (Neutral)
*HFCL:* Net profit at Rs 68.0 cr versus Rs 51.0 crore, Revenue at Rs 995.0 cr vs Rs 1051.0 cr YoY (Neutral)
*Schaeffler:* Net profit at Rs 237.0 cr versus Rs 226.0 crore, Revenue at Rs 1829.0 cr vs Rs 1785.0 cr YoY (Neutral)
*AB AMC:* Net profit at Rs 185.0 cr versus Rs 103.0 crore, Revenue at Rs 311.0 cr vs Rs 305.0 cr YoY (Neutral)
*Aegis:* Net profit at Rs 116.0 cr versus Rs 103.0 crore, Revenue at Rs 2101.0 cr vs Rs 2235.0 cr YoY (Neutral)
*TechM:* Net profit at Rs 692.0 cr, down 38 percent, Revenue at Rs 13159.0 cr vs Rs 13718.0 cr YoY.
*RVNL:* The government has proposed to sell about 5.36% through an offer for sale, floor price at 11 percent lower from last prices
*Johnson Controls:* Net loss at Rs 41.0 cr versus Rs 1.9 crore, Revenue at Rs 567.0 cr vs Rs 1010.0 cr YoY.
By: via Telegram.me/AlliesFin #StockMarket #india
