Bharat India Daybook Stocks in News
Gujarat Gas: Profit at Rs 409.5 cr vs poll of Rs 326.0 cr, Revenue at Rs 4134.0 cr vs poll of Rs 4076.0 cr (Positive)
Arvind Smartspaces: Q4 profit at Rs 19.5 crore up by 86.1 % YoY, Revenue at Rs. 117 crore, up by 26.6 % YoY.
(Positive)
Muthoot MicroFin: Disbursals up 18% at ₹2,887.9 cr vs ₹2,447.5 cr, AUM up 32.4% at ₹12,193.5 cr vs ₹9,208.3 cr (YoY) (Positive)
GHCL Textiles: Revenues at Rs 286 Crores Vs Rs 244 Crores, Profit at Rs 10.26 Crores Vs Loss of Rs 0.01 Crores (YoY) (Positive)
Selan: Profit at Rs 12.2 cr vs Rs 5.4 cr, Revenue at Rs 56.3 cr vs poll of Rs 27.6 cr YoY (Positive)
Fusion Micro: Net Profit 1.33b Rupees Vs 1.15b, NII at Rs 646 cr vs Rs 501 cr (QoQ) (Positive)
Wipro: Company collaborates with Microsoft for Gen AI products (Positive)
Orient Electric: Company starts commercial production from greenfield manufacturing plant at Hyderabad, Telangana: (Positive)
Lupin: Company gets US FDA approval for Travoprost Ophthalmic Solution USP. (Positive)
HPCL: Company to consider bonus equity share on May 9, 2024, along with Q4 earnings. (Positive)
BPCL: Company to consider bonus equity share on May 9, 2024, along with Q4 earnings. (Positive)
Coromandel International: Company announced an increase in its investment in Ecozen, a climate-smart technology solutions provider. (Positive)
Olectra Green: Company has achieved a milestone by surpassing 10,000 units in its e-bus order book. (Positive)
Drone Destination: Company & IFFCO signs MOA to collaborate for drone spray over an area of up to 30 lakh acres (Positive)
Campus: India Ratings Upgrades Bank Facilities to ‘IND AA-’/Stable from ‘IND A+’/Positive (Positive)
Mastek: Announced its iConniX portfolio to enable Gen AI-led innovation across industries (Positive)
Tube Investment: Subsidiary TI Clean Mobility Private Limited entered into Securities Subscription Agreement with South Asia Growth lnvest lll LLC and South Asia EBT Trust lll for subscription (Positive)
Apcotex Inds: Net profit at Rs 15.31 crore vs Rs 23.21 crore down by 34 % YoY, Revenue at Rs. 311 crore, up by 21.3 % YoY. (Neutral)
Godrej CP: Operating Profit at Rs 785.0 cr vs poll of Rs 731.0 cr, Revenue at Rs 3385.0 cr vs poll of Rs 3327.0 cr (Neutral)
Lupin: Net profit at ₹359.4 cr vs poll of ₹498.9 cr, Revenue at Rs 4960 cr vs Rs 4430 cr (YoY). (Neutral)
Hindalco: Novelis: Net Income Excluding Special Items Up 2%; Adjusted EBITDA Up 28% YoY. (Neutral)
CG Power: Net profit at Rs 233.81 crore, down 45.14% year-on-year. Revenue up 15.18 % YoY. (Neutral)
Zee Media: Company announces cessation of Abhay Ojha as CEO (Neutral)
M&M Financial: April collection efficiency at 89%, Stage-3 & Stage-2 assets range bound MoM; April overall disbursement at ₹3,930 cr, up 4% (Neutral)
GHCL: Company approved Greenfield project for soda ash annual production capacity of 5.5M ton in Gujarat for 40B rupees (Neutral)
Bajaj Healthcare: Company appoints Dayashankar Patel as CFO of the company w.e.f. May 6, 2024 (Neutral)
Tamilnad Mercantile Bank: Hikes lending rates by 10-15 bps across tenures. (Neutral)
P&G Hygiene: MD LV Vaidyanathan Resigns – To pursue other interests (Neutral)
Solara Active: Meeting of the Rights Issue Committee of the Board on 9th May to consider Right issue (Neutral)
LTIMindtree: Company gets GST demand order of ₹155.7 cr for FY 2018-19
Route Mobile: Net profit at Rs 95.16 crore, down 8.5 % YoY. Revenue up 0.8% YoY.
*GHCL: Net Profit at Rs. 125 Cr vs Rs. 218 cr, Revenue at Rs. 820 crore vs Rs. 1119 crore YoY. (Negative)
DCM Shriram: Net profit down 36.9% at ₹117.8 cr vs ₹186.7, Revenue down 11.8% at ₹2,399.3 cr vs ₹2,720 cr (YoY)
KEC Int: ICRA Limited revised of the credit ratings to the Company’s Banking facilities. Assigns [ICRA] A+ (Stable) Downgraded from [ICRA]AA-
Gujarat Fluorochemicals: Net profit at Rs 101 crore, down by 70 percent, Revenue stood at Rs 1133 crore, lower by 23 percent
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
