Bharat India Daybook Stocks in News
*ABSL AMC:* Net profit up 53.7% at ₹208.4 cr vs ₹135.6 cr, Revenue up 23.1% at ₹365.6 cr vs ₹297 cr (YoY) (Positive)
*SBFC: Net Profit Up 72% At Rs 73.4 Cr Vs Rs 42.7 Cr, Revenue Up 34.4% At Rs 278.8 Cr Vs Rs 207.5 Cr (YoY). (Positive)
*Shakti Pumps:* Cons revenue at Rs 609 cr vs Rs 183 cr YoY, Cons PAT at Rs 89.6 cr vs Rs 2.2 cr YoY (Positive)
*Utkarsh SFB:* Company reports Q4 earnings, Net Profit up 19.4% at ₹159.7 cr vs ₹133.8 cr, NII up 31.8% at ₹539.9 cr vs ₹409.6 cr (YoY) (Positive)
*Force Motors:* Company reports Q4 earnings, Net profit down 4.3% at ₹140.3 cr vs ₹146.6 cr, Revenue up 35% at ₹2,011.2 cr vs ₹1,490.3 cr (YoY) (Positive)
*Sanghi Ind:* Net Loss At Rs 19 Cr Vs Loss Of Rs 105 Cr, Revenue Up 26% At Rs 285 Cr Vs Rs 226 Cr (YoY) (Positive)
*Yes Bank:* Net Profit At Rs 454 Cr Vs Rs 202.4 Cr, NII Up 2.3% At Rs 2,153.1 Cr Vs Rs 2,105.2 Cr (YoY) (Positive)
*Eveready:* Cons net profit 80m rupees vs loss 144m, Q4 revenue 2.8b rupees vs 2.9b (YOY) (Positive)
*MHRIL:* Net profit up 46.1% at ₹82.4 cr vs ₹56.4 cr, Revenue up 12.5% at ₹800.2 cr vs ₹711.6 cr (YoY) (Positive)
*NBCC:* Company gets an in-principle approval to form a wholly owned subsidiary in Dubai (Positive)
*Ircon International:* Company gets order worth Rs 1,198.09 cr from the East Coast Railway (Positive)
*Apollo Hospitals:* Keimed merger will help in a unified pharmacy biz and will allow for sustained improvement in margin (Positive)
*IREDA:* Company granted ‘Navratna Status’ from department of public enterprises. (Positive)
*Hinduja Global:* Company arm acquires 51% stake in Seven Star Balaji Broadband. (Positive)
*BATA:* Company approved monetizing the co.’s freehold industrial land admeasuring approximately 11.54 acres for a consideration of 156 cr rupees (Positive)
*Ajanta Pharma:* To consider buyback of equity shares at its board meet on May 2.. (Positive)
*NLC India:* Coal Mine approval to accelerate profits, New CMD (Ex-NTPC) to drive execution. (Positive)
*Macrotech:* Company expects pre-sales to grow about 20% in the year to March after reporting its highest-ever quarterly revenue. (Positive)
*Tata Steel:* Company has agreed detailed terms with the UK Government on the proposed grant package to support the £1.25 billion investment (Positive)
*CRISIL:* Company’s unit gets SEBI license to commence the business of ESG Ratings Provider. (Positive)
*Indusind Bank:* NII at Rs 5376 crore versus poll of Rs 5472 crore, Net profit at Rs 2349 crore versus poll of Rs 2403 crore (Neutral)
*IDFC First;* Net Profit At Rs 724.3 Cr Vs CNBC-TV18 Poll Of Rs 738.6 Cr, Gross NPA At 1.88% Vs 2.04% (QoQ) (Neutral)
*RBL Bank:* Net Profit At Rs 352.6 Cr Vs Poll Of Rs 320.7 Cr, Gross NPA At 2.65% Vs 3.12% (QoQ) (Neutral)
*Craftsman:* Net Profit Down 20% At Rs 62.3 Cr Vs Rs 77.6 Cr, Revenue Up 12.7% At Rs 1,105.3 Cr Vs Rs 980.4 Cr (YoY) (Neutral)
*Mastek:* Net profit up 22% at Rs 92 Cr vs Rs 75.3 Cr, Revenue down 0.5% at Rs 780 Cr vs Rs 784 Cr (QoQ) (Neutral)
*Usha Martin:* Net Profit up 0.9% at ₹106.3 cr vs ₹105.3 cr, Revenue down 3.1% at ₹829 cr vs ₹855.2 cr (YoY). (Neutral)
*HCL Tech:* Net profit at ₹3,986 cr vs poll of ₹4,084 cr, CC revenue growth at 0.3% vs poll of 0.4%. (Neutral)
*SBI Life:* Net Profit up 4.4% at ₹811 cr vs ₹777 cr, Annualised premium equivalent up 17.1% at ₹5,330 cr vs ₹4,550 cr (YoY) (Neutral)
*SBI Cards:* Net profit up 11.5% at ₹662.4 cr vs ₹596.5 cr, Revenue up 15.6% at ₹4,347.7 cr vs ₹3,762.2 cr (YoY) (Neutral)
*Vodafone Idea:* ATC Telecom Infrastructure has exited the telecom operator by selling its entire shareholding of 144 crore equity shares (Neutral)
*Maruti Suzuki:* Company‘s Chairman RC Bhargava say a fourth unit at Suzuki Motor Gujarat to start production by end of this year. (Neutral)
*L&T:* Co gets GST penalty worth Rs 43 crore from Jaipur GST authority. (Neutral)
*Everest:* Company MDH Row: Indian spice manufacturers may face an export ban if the presence of ethylene oxide is confirmed
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
