India Daybook Stocks in News
*RPG Life:* Net profit up 29.5% At Rs 25.9 cr Vs Rs 20 cr, Revenue up 13.9% At Rs 153.6 cr Vs Rs 134.8 cr (YoY) (Positive)
*Titagarh Rail:* Net profit up 46.5% at Rs 70.6 Cr Vs Rs 48.2 cr, Revenue up 54.1% at Rs 935.5 Cr Vs Rs 607.1 cr (YoY) (Positive)
*Bajaj Auto:* Net profit up 20.0% At Rs 1836.0 cr Vs Rs 1530.0 cr, Q2 revenue at Rs 10,777.27 cr Vs poll of Rs 10,810 cr (Positive)
*GPT Infra projects:* Company gets Rs 739 crore contract to construct Prayagraj Southern Bypass in Uttar Pradesh: Exchange Filing (Positive)
*Lemon Tree:* Company signs licence pact for 72-room hotel in Badrinath (Positive)
*Bajaj Healthcare:* Company commissions Alkaloid extraction plant at Vadodara, Gujarat Unit (Positive)
*Power Mech:* Board approves raising funds through QIP, floor price Rs 4,085.4/sh (Positive)
*Lemon Tree Hotels:* Company signs pact for – 'Keys Select by Lemon Tree Hotels' in Vadodara. (Positive)
*Alkyl Amines:* Company starts commercial production at its newly set up plant at the existing Kurkumbh site, Maharashtra (Positive)
*Bharat Agri:* Company to launch soft booking of residential project ‘Wembley’ in Thane (Positive)
*Infosys:* Company and Google Cloud expand alliance to help enterprises transform into AI-first organizations (Positive)
*Bharti Airtel:* Company sees Rs 8,000 crore market opportunity with CCaaS cloud platform launch (Positive)
*ONGC:* Moody’s affirms ONGC's Baa3 local and foreign currency issuer ratings, cites strong business profile, significant oil and gas reserves. (Positive)
*REC:* Company signs agreement with Bank of India to co-finance Rs 30,000 crore worth of projects. (Positive)
MSCI on *IndusInd Bank:* Inflows expected in the range of $250-300 million (Positive)
*ICICI Lombard:* Net profit down 2.2% at Rs 577.3 Cr Vs Rs 590.5 cr, Gross premium up 18.3% at Rs 6,272.3 Cr Vs Rs 5302.6 cr (YoY) (Neutral)
*Indusind Bank:* NII seen at Rs 5076 crore versus poll Rs 5006 crore, PAT seen at Rs 2181 crore versus poll Rs 2066 crore (Neutral)
*Bandhan Bank:* NII seen at Rs 2443 crore versus Poll Rs 2495 crore, PAT seen at Rs 721 crore versus Poll Rs 752 crore (Neutral)
*Astral:* Net profit at Rs 131.0 Cr Vs poll Rs 141.0 Cr, Revenue at Rs 1363.0 Cr Vs Rs 1362 Cr (Neutral)
*Persistent:* Rupee revenue at Rs 2,411.7 cr Vs poll of Rs 2,400 cr, Profit increases 15% from the previous quarter (Neutral)
*HUDCO:* Government to exercise oversubscription option in HUDCO OFS (Neutral)
*Crompton Greaves:* Company appoints D Sundaram as Chairman. (Neutral)
*Dabur:* Certain consumers alleged that hair relaxer products caused ovarian cancer, uterine cancer
*Trident: The entire IT assets of all the senior officials under control of Income Tax Department for scrutiny
*Shoppers Stop:* Net profit down 83.3% at Rs 2.7 cr Vs Rs 16.2 cr, Revenue up 2.6% at Rs 1,039.1 cr Vs Rs 1,012.7 cr (YoY)
*Wipro:* Revenue seen at Rs 22,395 crore versus Poll Rs 22,760 crore, Company cut guidance of -3.5% to -1.5% in constant currency terms versus -2.0%-0.0% QoQ.
*Coforge:* Net profit at Rs 181.3 cr vs poll of Rs 223 cr, Rupee revenue at Rs 2,276.2 cr vs poll of Rs 2,298 cr.
By: via Telegram.me/AlliesFin #StockMarket #india
