Bharat India Daybook Stocks in News
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Hatsun Agro: Net Profit at ₹52.2 cr vs ₹25 cr (YoY) Revenue up 14.4% at ₹2,046.9 cr vs ₹1,789.5 cr (YoY) (Positive)
Tamilnad Mercantile Bank: Q4 earnings; Net profit unchanged at ₹253 cr (YoY), NII up 7.5% at ₹567 cr vs ₹527.3 cr (YoY) (Positive)
Tejas Networks: Revenue at Rs 1327 Crores Vs Rs 299 Crores, PAT at Rs 147 Crores Vs Loss of Rs 11.5 Crores (YoY) (Positive)
Lloyds Engineering: Company secures naval equipment orders worth over Rs 81 crore. (Positive)
Sona BLW: Company Precision Forgings commissions new plant in Mexico to meet demand for battery EVs. (Positive)
KP Energy: Company gets 9 MW wind power project order from Bhathwari Technologies (Positive)
Patanjali Foods: Company incorporates two wholly-owned subsidiaries Contemporary Agro and Rishikrishi Farming (Positive)
Zomato: Company hikes platform fee by 25% to Rs 5 (Positive)
Paytm: Company launches new Made-in-India Soundbox for UPI and Credit Card on UPI payments. (Positive)
Indian Overseas Bank: Company raise up to Rs 1,000 crore via debt, up to Rs 5,000 crore via equity. (Positive)
HDFC Bank: Mitsubishi UFJ Financial Group considering sweetening $1.7 billion offer for minority stake in HDFC Bank’s consumer lending unit (Positive)
HAL: Company signs agreement with NAL for manufacture of Bismaleimide Engine Bay Door for series production of Light Combat Aircraft Tejas Mk1A. (Positive)
Redtape: Commences online operational activity from it's new warehouse situated at Bhiwandi (Positive)
HPL Elect: Launches new producy- HPL Fans in SAARC Countries; Middle East and African Countries (Positive)
*Shriram Finance Ltd: * Company has increased interest rates on digital-only recurring deposits (RDs) by 35-40 basis points (Neutral)
Vodafone Idea: Company’s FPO Update, Total Subscription 6.3x, Retail 0.8x, QIBs 18x & NIIs 4x (Neutral)
*Sanghi Industry: * Company approves proposal for raising of funds of up to ₹2,200 cr. (Neutral)
Union Bank of India: Company classifies BGR Energy's account as NPA. (Neutral)
Hero Motocorp: Company’s Chief Technology Officer (CTO) Arun Jaura resigns w.e.f April 30 (Neutral)
Patel Engineering: Company plans to raise as much as Rs 400 crore through Qualified Institutional Placement. (Neutral)
Rallis India: Net Loss of ₹21 cr vs loss of ₹69 cr (YoY), Revenue down 16.6% at ₹436 cr vs ₹523 cr (YoY) (Neutral)
Mahindra Logistics: Company reports Q4 earnings, Net loss at ₹11.9 cr vs profit of ₹0.20 cr (YoY) (Neutral)
RR Kabel: Company approves termination of Dinesh Aggarwal as CEO. (Neutral)
Ultra Tech Cement: Company gets order from Karnataka GST authority for GST worth Rs 8 crore along with interest and penalty (Neutral)
Reliance: Net Profit seen at Rs 18,951 crore versus poll of Rs. 18,227 crore, Revenue seen at 236,000 crore versus poll of Rs. 234,000 crore (Neutral)
IndusInd Bank: Executes RBI’s programmable Central Bank Digital Currency pilot (Neutral)
PSP Projects: Company is planning to launch qualified institutional placement (QIP) to raise ₹244 crore, (Neutral)
AB Capital: Revenues Up 12.5% at Rs 114 Crores Vs Rs 101.3 Crores Margins at 17.9% vs 18.4% (Neutral)
ABFRL: Company needed to raise capital to fuel next phase of business growth, says ABFRL CFO Jagdish Bajaj. (Neutral)
Wipro: Company step-down unit Synchrony Global voluntarily dissolves. (Neutral)
Mazdock: Government may dilute stake to meet the minimum Public shareholdings norms by 9% in different Tranches
Kesoram: Net loss at ₹244.4 cr vs loss of ₹26.1 cr (YoY), Revenue up 1.7% at ₹1,073.6 cr vs ₹1,055.4 cr (YoY)
Tanfac: Revenues Down 11% at Rs 102.8 Crores Vs Rs 115.5 Crores, Profit Down 45% at Rs 12.7 Crores Vs Rs 23.3 Crores
M&M Fin: Company defers board meet scheduled to be held today to consider Q4Results to a later date as a fraud was detected at one of co’s branches in the north east w.r.t retail vehicle loans.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
