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Tag: Stocks In the News

  • From Ambuja Cements, ACC to Bank of Baroda: Here are prime shares to look at on May 16

    The benchmark fairness indices on the BSE and National Stock Exchange (NSE) had ended decrease for the sixth consecutive session, slipping marginally on Friday. The S&P BSE Sensex fell 136.69 factors (0.26 per cent) to finish at 52,793.62 whereas the Nifty 50 slipped 25.85 factors (0.16 per cent) to settle at 15,782.15.

    Going forward, listed here are the highest shares to look at on Monday, May 16, 2022:

    Ambuja Cements and ACC

    The Adani group has acquired Zurich-based Holcim’s cement enterprise in India for $10.5 billion (about Rs 81,000 crore) in India’s largest ever M&A transaction within the infrastructure and supplies house.

    Through its subsidiaries, Holcim holds 63.19% in Ambuja Cements Ltd and 54.53% in ACC Ltd (of which 50.05% is held via Ambuja Cements). This is the most important ever acquisition by Adani, which beat the JSW and Aditya Birla teams to the deal.

    Tech Mahindra

    IT companies supplier Tech Mahindra on Friday reported a 39 per cent soar in its consolidated internet revenue for March 2022 quarter at Rs 1,678.4 crore, and exuded confidence that the constructive enterprise momentum will proceed within the present fiscal. On a standalone foundation, the Mahindra group firm reported a post-tax revenue at Rs 1,505 crore within the quarter below evaluation as in opposition to Rs 1,081 crore a 12 months in the past.

    The fifth-largest IT companies firm closed FY22 with a standalone revenue of Rs 5,566 crore as in opposition to Rs 4,428 crore in FY21. Revenue from operations grew to Rs 12,116 crore throughout the reporting quarter as in opposition to Rs 9,729 crore within the year-ago interval, whereas foreign exchange improve helped in a achieve on the corporate’s different earnings which stood at Rs 320 crore as in opposition to Rs 32.6 crore.

    Maruti Suzuki India

    The nation’s largest carmaker Maruti Suzuki India (MSI) on Friday introduced an funding of Rs 11,000 crore within the first part of a brand new facility to be arrange at Sonipat in Haryana. The firm stated it has accomplished the method of allotment of an 800-acre website at IMT Kharkhoda in Sonipat district with HSIIDC (Haryana State Industrial and Infrastructure Development Corporation Ltd).

    The new plant’s first part with a producing capability of two.5 lakh models every year is anticipated to be commissioned by 2025, topic to administrative approvals. In the primary part, the funding can be over Rs 11,000 crore, it added.

    The website may have house for capability growth to incorporate extra manufacturing crops sooner or later, MSI famous.

    Avenue Supermarts (D-Mart)

    Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 3.11 per cent improve in its consolidated internet revenue to Rs 426.75 crore for the fourth quarter ended March 2022. The firm had posted a internet revenue of Rs 413.87 crore within the January-March quarter a 12 months in the past, Avenue Supermarts stated in a BSE submitting.

    Its income from operations rose 18.55 per cent to Rs 8,786.45 crore throughout the quarter below evaluation from Rs 7,411.68 crore within the corresponding quarter of the previous fiscal. Avenue Supermarts’ whole bills surged 18.71 per cent to Rs 8,210.13 crore in This fall FY2021-22 in opposition to Rs 6,916.24 crore a 12 months in the past.

    For the fiscal ended March 2022, Avenue Supermarts’ consolidated internet revenue grew 35.74 per cent to Rs 1,492.40 crore. It had reported a internet revenue of Rs 1,099.43 crore within the earlier monetary 12 months. In 2021-22, its income from operations jumped 28.3 per cent to Rs 30,976.27 crore. It was Rs 24,143.06 crore in FY21.

    Bank of Baroda

    State-owned Bank of Baroda on Friday reported a internet revenue of Rs 1,779 crore within the quarter ended March 2022. The financial institution had posted a internet lack of Rs 1,047 crore in the identical quarter of FY 2020-21. The whole earnings throughout January-March interval of 2021-22, was down at Rs 20,695.90 crore, as in opposition to Rs 21,501.94 crore in the identical interval of 2020-21, Bank of Baroda (BoB) stated in a regulatory submitting.

    For the complete monetary 12 months 2021-22, the financial institution reported a internet revenue of Rs 7,272.28 crore, a multi-fold soar from Rs 828.95 crore in 2020-21. Total earnings throughout the 12 months, nonetheless, fell to Rs 81,364.73 crore from Rs 83,429 crore a 12 months in the past.
    Net curiosity margin (NIM) for Q4FY22 was 3.08 per cent, a rise of 36 bps in comparison with Q4FY21, it added..

    -with PTI inputs

  • From L&T to Apollo Tyres: Here are high shares to observe on May 13

    Domestic inventory markets on Thursday plummeted 2.2 per cent as fears over excessive inflation and the opportunity of additional hikes in rates of interest made traders nervous, resulting in promoting stress.

    The benchmark Sensex dove 1,158 factors to 52,930.31 and the NSE Nifty by 359 factors at 15,808.00 because the broad sell-off, led by overseas traders, hit sentiment.

    Going forward, listed below are the highest shares to observe on Friday, May 13, 2022:

    Larsen & Toubro (L&T)

    Larsen & Toubro on Thursday reported a ten per cent development in its consolidated internet revenue at Rs 3,620.69 crore for the quarter ended March, 2022. The firm had posted a consolidated internet revenue of Rs 3,292.81 crore within the year-ago interval, Larsen & Toubro (L&T) mentioned.

    The consolidated revenue through the quarter beneath evaluate rose to Rs 53,366.26 crore from Rs 49,116.16 crore within the year-ago interval.

    Jammu and Kashmir Bank

    Jammu and Kashmir Bank on Thursday reported a internet revenue of Rs 112.20 crore for the January-March quarter of FY2022 in opposition to Rs 315.75 crore within the year-ago quarter.

    Total revenue of the financial institution rose to Rs 2,209.40 crore within the fourth quarter from Rs 2,108.01 crore within the year-ago interval, in response to a regulatory submitting.

    For the total 2021-22 fiscal, the financial institution reported a internet revenue of Rs 501 crore, registering a development of 16 per cent yr on yr.

    Poonawalla Fincorp

    Poonawalla Fincorp on Thursday reported a consolidated internet revenue of Rs 118.9 crore for the quarter ended March. The non banking finance firm had reported a internet lack of Rs 647.70 crore in the identical quarter a yr in the past.

    Total income from operations was down by 11 per cent at Rs 512.20 crore in This fall FY22, as in opposition to Rs 572.80 crore in the identical interval of FY21, the corporate mentioned in a launch. The firm’s board has beneficial a dividend cost of 20 per cent, topic to shareholders’ approval, it mentioned.

    Assets beneath administration (AUM) for FY22 elevated to Rs 16,579 crore, recording a development of 17 per cent over FY21, whereas disbursements stood at Rs 9,494 crore, rising by 158 per cent over FY21. The firm mentioned its housing subsidiary Poonawalla Housing Finance Limited (PHFL) crossed the Rs 5,000-crore AUM mark in March 2022.

    Aditya Birla Capital

    Aditya Birla Capital on Thursday reported an increase of 20 per cent in its consolidated revenue after tax at Rs 450 crore in quarter ended March 2022. The consolidated income of the corporate for This fall FY22 grew 18 per cent from a yr in the past to Rs 6,962 crore, Aditya Birla Capital (ABCL) mentioned in a launch.

    For the whole monetary yr 2021-22, the consolidated income grew 16 per cent yr on yr to Rs 23,633 crore. The consolidated revenue after tax for the yr grew 51 per cent to Rs 1,706 crore, the best ever recorded by the corporate, it added.

    Apollo Tyres

    Apollo Tyres on Thursday mentioned its consolidated internet revenue has declined by 61 per cent to Rs 113 crore for the fourth quarter ended March. The firm had reported a consolidated internet revenue of Rs 287 crore within the January-March quarter of 2020-21 fiscal.

    Revenue from operations rose by 11 per cent to Rs 5,578 crore, as in opposition to Rs 5,026 crore within the fourth quarter of FY21, Apollo Tyres mentioned in an announcement.

    For the yr ended March 31, 2022, the tyre main mentioned its internet revenue elevated by 82 per cent to Rs 639 crore, as in comparison with Rs 350 crore in 2020-21. Revenue from operations rose by 20 per cent to Rs 20,948 crore, as in opposition to Rs 17,397 crores in FY21, the corporate mentioned.

    -from PTI inputs

  • From HCL Technologies to Rainbow Children’s Medicare: Here are high shares to look at on May 10

    Benchmark indices continued to stay underneath stress on Monday, with the Sensex tumbling practically 365 factors following a sell-off in world markets and decline in shares of index main Reliance Industries. Unabated overseas fund outflows and rupee hitting an all-time low additionally weighed on sentiment.

    The 30-share BSE Sensex settled 364.91 factors or 0.67 per cent decrease at 54,470.67. The NSE Nifty fell 109.40 factors or 0.67 per cent to finish at 16,301.85.

    Going forward, listed below are the highest shares to look at on Tuesday, May 10, 2022:

    Rainbow Children’s Medicare

    Shares of Rainbow Children’s Medicare might be listed on the inventory exchanges (NSE and BSE) at this time. The IPO was subscribed 12.43 instances throughout its subscription interval from April 27-29, 2022.

    Prudent Corporate Advisory Services

    The IPO of Prudent Corporate Advisory Services kicks off at this time. The IPO comes with a worth band of Rs 595-630 per share might be open for public subscription from May 10-12, 2022. At the higher finish of the value band, the corporate will increase round Rs 538.61 crore by the supply.

    Borosil Renewables

    Solar panel glass producer Borosil Renewables on Monday stated it is going to make investments Rs 1,500 over the subsequent two years to develop its capability by practically 2.5 instances and provide 15 GW of photo voltaic modules by FY25.

    Godrej Agrovet

    Godrej Agrovet on Monday reported an increase of 120.59 per cent in its consolidated revenue at Rs 139.81 crore in the course of the quarter ended March 2022 in comparison with the identical interval of the previous monetary yr. The firm’s revenue stood at Rs 63.38 crore in the course of the corresponding interval of the earlier fiscal, Godrej Agrovet stated in a press release.

    Revenue from operations of the corporate went up by 42.62 per cent in the course of the quarter underneath overview at Rs 2,075.62 crore in comparison with Rs 1,455.25 crore in the identical interval of the earlier fiscal.

    For the total yr, the corporate posted a 20.59 per cent development in revenue at Rs 419.15 crore in comparison with Rs 347.57 crore in FY21. Revenue from operations of the corporate in 2021-22 witnessed a development of 32.90 per cent at Rs 8,292.93 crore in comparison with Rs 6,239.60 crore in FY21.

    Infibeam Avenues

    Infibeam Avenues on Monday reported an 11 per cent drop year-on-year in its consolidated web revenue to Rs 28 crore for the fourth quarter ended March 2022. However, the corporate’s gross income rose 84 per cent year-on-year to Rs 369 crore within the just-ended quarter.

    On a sequential foundation, the consolidated web revenue was 17 per cent increased over the December 2021 quarter.

    HCL Technologies

    HCL Technologies on Monday stated it is going to purchase Bengaluru-based Quest Informatics by its wholly-owned subsidiary, in an all-cash deal. In a BSE submitting concerning the deal, the corporate pegged the acquisition consideration at Rs 15 crore.

    According to HCL Tech assertion, Quest at present serves greater than 40 world leaders within the ‘after-market’ area with its cloud-enabled after-market ERP, discipline providers administration, and digital elements catalog product suites. After-market digital spending is likely one of the fast-growing segments within the transportation and manufacturing industries.

    The deal is anticipated to be accomplished earlier than July 31, 2022.

    -with PTI inputs

  • From Kotak Mahindra Bank to Tata Consumer Products: Here are high shares to observe on May 5

    The benchmark fairness indices on the BSE and National Stock Exchange (NSE) ended decrease for the third consecutive session, falling practically 2.3 per cent on Wednesday after the Reserve Bank of India (RBI) elevated the repo fee by 40 foundation factors (bps) to 4.40 per cent in a bid to comprise inflation. The S&P BSE Sensex crashed 1,306.96 factors (2.29 per cent) to finish at 55,669.03 whereas the Nifty 50 declined 391.50 factors (2.29 per cent) to settle at 16,677.60.

    Going forward, listed here are the highest shares to observe on Thursday, May 5, 2022:

    Indiabulls Real Estate

    Investment agency Copthall Mauritius Investment Ltd has offered 37 lakh shares of Indiabulls Real Estate Ltd for Rs 31.08 crore by an open market transaction. According to the majority deal knowledge out there with BSE, BofA Securities Europe SA purchased 37 lakh shares of the corporate at a median worth of Rs 84 apiece.

    Tata Consumer Products

    Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold soar in consolidated web revenue at Rs 239.05 crore for the fourth quarter ended March 2022, helped by progress in underlying profitability and decrease distinctive prices. The firm had posted a web revenue of Rs 74.35 crore within the January-March interval a yr in the past, TCPL, earlier often called Tata Global Beverages Ltd, stated in a BSE submitting.

    Its income from operations rose 4.54 per cent to Rs 3,175.41 crore throughout the quarter below evaluation as towards Rs 3,037.22 crore within the corresponding interval final fiscal.

    Future Retail

    Future Retail Managing Director Rakesh Biyani has stepped down whereas officers, together with the corporate secretary of the debt-ridden agency, have tendered resignations.
    The Future Group flagship agency is dealing with an insolvency petition by its lenders earlier than the National Company Law Tribunal.

    There is an exodus of individuals from the board and at different ranges in a number of Future group corporations after Rs 24,713 crore deal was referred to as off by Reliance Retail.

    State Bank of India (SBI)

    The nation’s largest lender State Bank of India (SBI) on Wednesday stated it’s board will meet subsequent week to contemplate elevating as much as $2 billion by a public situation of bonds or different means.

    “We advise that the executive committee of the central board is scheduled to have a meeting on May 10, 2022 to examine the status and decide on long term fund raising in single/multiple tranches up to USD 2 billion through a public offer and/or private placement of senior unsecured notes in US dollar or any other convertible currency during FY 23,” the financial institution stated in an alternate submitting.

    Kotak Mahindra Bank

    Private sector lender Kotak Mahindra Bank on Wednesday reported a 65 per cent soar in its standalone revenue after tax at Rs 2,767 crore within the quarter ended March 2022, helped by greater progress in web curiosity revenue and wholesome asset high quality. The lender had reported a standalone PAT (Profit After Tax) of Rs 1,682 crore within the year-ago interval.

    For the complete monetary yr 2021-22, PAT elevated by 23 per cent to Rs 8,573 crore from Rs 6,965 crore in FY21.

    Havells

    Consumer electrical items maker Havells India Ltd on Wednesday reported a 16.01 per cent improve in its consolidated web revenue to Rs 352.48 crore for the fourth quarter led to March 2022. The firm had posted a consolidated web revenue of Rs 303.83 crore within the January-March quarter a yr in the past, Havells stated in a regulatory submitting.

    Its income from operations was up 32.55 per cent to Rs 4,426.26 crore throughout the interval below evaluation as towards Rs 3,339.21 crore within the corresponding interval final fiscal.

    -with PTI inputs

  • From Yes Bank to SBI Cards: Here are high shares to look at on May 2

    The benchmark fairness indices – Sensex and Nifty – ended round 0.8 per cent decrease on Friday following a selloff in the direction of the final hour of commerce weighed by Axis Bank and Reliance Industries (RIL). The S&P BSE Sensex fell 460.19 factors (0.80 per cent) to settle at 57,060.87 whereas the Nifty 50 declined 142.50 factors (0.83 per cent) to finish at 17,102.55.

    Going forward, listed below are the highest shares to look at on Monday, May 2, 2022:

    Yes Bank

    Yes Bank on Saturday reported a internet revenue of Rs 367 crore for the March 2022 quarter, helped by a heavy discount in provisions for dangerous money owed, which the non-public sector lender needed to put aside because it recognised legacy stress within the year-ago interval. FY22 is the primary full-year revenue since FY19, Yes Bank mentioned in a regulatory submitting.

    The city-headquartered financial institution ended FY22 with a post-tax revenue of Rs 1,066 crore. The lender was bailed out by an SBI-led consortium three years again. The financial institution’s core internet curiosity revenue got here at Rs 1,819 crore for the March quarter, which is an increase of 84 per cent when in comparison with the year-ago interval. The internet curiosity margin expanded to 2.5 per cent, whereas it recorded a mortgage development of 8 per cent. The non-interest revenue rose 27.9 per cent to Rs 882 crore in the course of the quarter.

    Maruti Suzuki India

    The nation’s largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in complete wholesales to 1,50,661 items in April. The firm had dispatched 1,59,691 items to sellers in April 2021, MSI mentioned in an announcement.

    Last month, the corporate’s home gross sales slipped 7 per cent to 1,32,248 items as in opposition to 1,42,454 items in April 2021, it added.

    IDFC First Bank

    IDFC First Bank on Saturday posted over two-fold rise in internet revenue to Rs 343 crore within the March 2022 quarter on the again of sturdy core working revenue and decrease provisioning for dangerous loans. The non-public sector lender had reported a internet revenue of Rs 128 crore in the identical quarter of the earlier fiscal.

    The complete revenue in the course of the January-March quarter of 2021-22 rose to Rs 5,384.88 crore from Rs 4,811.18 crore in the identical interval of FY21, IDFC First Bank mentioned in a regulatory submitting.

    Tata Chemicals

    Tata Chemicals on Friday reported a multi-fold soar in consolidated revenue after tax at Rs 470.24 crore for the quarter ended March. The firm’s revenue after tax stood at Rs 29.26 crore within the year-ago interval, According to a regulatory submitting, the consolidated revenue from operations grew 32 per cent in the course of the quarter underneath evaluate to Rs 3,481 crore. In the identical interval a 12 months in the past, it stood at Rs 2,636 crore.

    For 2021-22, Tata Chemicals’ revenue after tax on a consolidated foundation was up 221 per cent to Rs 1,400 crore. The similar stood at Rs 436 crore within the year-ago interval.

    The revenue from operations climbed 23.74 per cent to Rs 12,622 crore in comparison with Rs 10,200 crore in FY21.

    IndusInd Bank

    IndusInd Bank on Friday reported a 51 per cent improve in consolidated internet revenue at Rs 1,400.64 crore within the three months ended March. The non-public sector lender had posted a internet revenue of Rs 926.22 crore in the identical quarter of the earlier fiscal 12 months.

    In the fourth quarter of the final fiscal, the financial institution’s complete revenue rose 6.1 per cent to Rs 9,764.91 crore. The similar stood at Rs 9,199.71 crore within the year-ago interval, in accordance with a regulatory submitting. For the total 12 months 2021-22, the financial institution’s consolidated internet revenue surged 64 per cent to Rs 4,805.03 crore. In the identical interval a 12 months in the past, it was at Rs 2,930.10 crore.

    SBI Cards and Payment Services

    SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a soar of over three-fold in its internet revenue at Rs 580.86 crore within the quarter ended March 2022. The pure-play bank card issuer had reported a internet revenue of Rs 175.42 crore in the identical quarter of the earlier fiscal 12 months.

    The firm’s complete revenue in the course of the January-March interval of 2021-22 rose to Rs 3,016.10 crore as in opposition to Rs 2,468.14 crore in the identical interval of FY21, SBI Card mentioned in a regulatory submitting. Its curiosity revenue elevated to Rs 1,266.10 crore within the quarter underneath evaluate from Rs 1,082.42 crore within the year-ago interval, whereas the revenue from charges and commissions rose to Rs 1,426.81 crore in opposition to Rs 1,113.81 crore, it mentioned.

    For your complete monetary 12 months 2021-22, the web revenue jumped by 64 per cent to Rs 1,616.14 crore as in opposition to Rs 984.52 crore in 2020-21. Total revenue in the course of the 12 months grew to Rs 11,301.52 crore from Rs 9,713.58 crore in FY21.

    -with PTI enter

  • From Axis Bank to Ambuja Cements: Here are prime shares to observe on April 29

    The frontline fairness indices on the BSE and National Stock Exchange (NSE) ended over 1.2 per cent greater on Thursday. The S&P BSE Sensex surged 701.67 factors (1.23 per cent) to finish at 57,521.06 whereas the Nifty 50 rallied 206.65 factors (1.21 per cent) to settle at 17,245.05.

    Going forward, listed here are the highest shares to observe on Friday, April 29, 2022:

    Axis Bank

    Private sector lender Axis Bank on Thursday reported a 49.77 per cent leap in its consolidated web revenue for the March quarter to Rs 4,434 crore on a consolidated foundation, helped by a steep discount in cash put aside for dangerous money owed.

    On a standalone foundation, the third-largest non-public sector lender reported a 54 per cent leap in its post-tax web at Rs 4,118 crore. For the fiscal 12 months 2021-22, it reported a 98 per cent leap in its post-tax revenue at Rs 13,025 crore.

    For the reporting quarter, its core web curiosity revenue grew 17 per cent to Rs 8,819 crore, on a 15 per cent development in advances and a marginal narrowing within the web curiosity margin at 3.49 per cent. The different revenue grew 19 per cent to Rs 4,223 crore, helped by a robust push from retail merchandise charges.

    Motilal Oswal Financial Services

    Brokerage agency Motilal Oswal Financial Services on Thursday reported a 35 per cent fall in web revenue at Rs 300 crore within the three months to March, regardless that its income grew by 21 per cent to Rs 1,100 crore. The firm had posted a web revenue of Rs 461 crore within the year-ago interval.

    For the total 12 months, the corporate reported a 33 per cent uptick in income at Rs 4,051 crore and earned a web revenue of Rs 1,310 crore, which is a development of 4 per cent.

    Biocon

    Biocon on Thursday reported a 4 per cent decline in consolidated web revenue to Rs 283.9 crore within the fourth quarter ended on March 31, 2022. The firm, which posted a consolidated web revenue of Rs 296.4 crore in the identical quarter earlier fiscal, has appointed former HSBC India Chairperson Naina Lal Kidwai as an unbiased director, Biocon mentioned in a regulatory submitting.

    Consolidated income from operations within the fourth quarter stood at Rs 2,408.8 crore as in opposition to Rs 1,842.1 crore within the year-ago interval, it added.

    IIFL Finance

    IIFL Finance on Thursday reported a 30 per cent development in web revenue to Rs 321 crore for the March quarter, pushed by robust mortgage gross sales and decrease provisioning for impaired belongings.

    For the total 12 months ending March 2022, the corporate booked a Rs 1,188 crore in web revenue, a development of 56 per cent year-on-year, aided by an total asset development of 15 per cent to Rs 51,210 crore regardless of Covid interruptions in the course of the 12 months.

    Shriram Transport Finance

    Non-banking monetary firm (NBFC) Shriram Transport Finance on Thursday reported a 43.87 per cent leap in its standalone revenue after tax at Rs 1,086.13 crore within the quarter ended March 2022, on the again of enchancment within the web curiosity margin and asset high quality.

    The firm had reported a standalone revenue after tax of Rs 754.93 crore in the identical interval of FY21.

    Ambuja Cements

    Ambuja Cements, a part of Swiss constructing materials main Holcim Group, on Thursday reported a 30.26 per cent decline in its consolidated web revenue to Rs 856.46 crore for the primary quarter ended March 2022 on account of rising gas costs. The firm, which follows the January-December monetary 12 months, had clocked a web revenue of Rs 1,228.24 crore a 12 months in the past, Ambuja Cements mentioned in a BSE submitting.

    However, its income from operations elevated by 2.4 per cent to Rs 7,900.04 crore in the course of the January-March quarter in comparison with Rs 7,714.81 crore within the corresponding quarter of the earlier monetary 12 months.

    Vedanta

    Mining main Vedanta on Thursday reported a consolidated revenue after tax of Rs 7,570 crore for the January-March quarter of 2021-22 on the again of upper gross sales quantity, supportive commodity costs and operational efficiencies. The firm had posted a revenue after tax of Rs 5,105 crore within the year-ago interval, Vedanta mentioned in an announcement.

    The distinctive objects at Rs 336 crore in final quarter primarily relate to Rs 2,697 crore acquire from impairment reversal in oil and gasoline, which was partially offset by exploration price written off in Cairn.

    The firm’s income from operations within the interval below assessment rose to Rs 39,342 crore from Rs 27,874 crore a 12 months in the past. Its bills stood at Rs 29,901 crore within the quarter in opposition to Rs 22,549 crore within the year-ago interval.

    -with PTI inputs

  • From Hindustan Unilever to Adani Enterprises: Here are prime shares to look at on April 28

    Stocks to look at right this moment: The benchmark fairness market indices – Sensex and Nifty – ended practically 1 per cent decrease on Wednesday. The S&P BSE Sensex fell 537.22 factors (0.94 per cent) to finish at 56,819.39 whereas the Nifty 50 declined 162.40 factors (0.94 per cent) to settle at 17,038.40.

    Here are the highest shares to look at on Thursday, April 28, 2022:

    Mahindra Lifespace Developers

    Realty agency Mahindra Lifespace Developers on Wednesday reported a consolidated internet revenue of Rs 154.5 crore for the final fiscal. It had posted a internet lack of Rs 71.7 crore within the previous fiscal.

    Its consolidated whole earnings stood at Rs 408.2 crore within the final fiscal in opposition to Rs 187.8 crore FY21, in keeping with a regulatory submitting.

    Hindustan Unilever (HUL)

    FMCG main Hindustan Unilever on Wednesday reported a 5.34 per cent enhance in its consolidated internet revenue to Rs 2,307 crore for the fourth quarter resulted in March 2022 regardless of flat quantity progress on account of unprecedented inflation.

    Moreover, HUL has now turn out to be a Rs 50,000 crore turnover firm and in addition the primary pure FMCG agency to realize this milestone. The firm now has 16 manufacturers with a turnover of Rs 1,000 crore every.

    HDFC Asset Management Company

    HDFC Asset Management Company on Wednesday reported an 8.7 per cent progress in revenue after tax (PAT) to Rs 343.55 crore within the quarter that resulted in March 2022. In comparability, the corporate had posted a PAT of Rs 316.08 crore in the identical quarter of the previous fiscal, the asset administration agency stated in a regulatory submitting to the inventory exchanges.

    The firm’s whole earnings rose to Rs 580.93 crore within the interval beneath evaluate from Rs 545.57 crore within the fourth quarter ended on March 31, 2021. For your complete monetary 12 months 2021-22, HDFC AMC clocked a PAT of Rs 1,393.13 crore as in opposition to Rs 1,325.76 crore within the previous fiscal and whole earnings grew to Rs 2,433.20 crore in FY22 from Rs 2,201.74 crore prior to now fiscal.

    Further, the board of administrators has advisable a dividend of Rs 42 per fairness share of Rs 5 every of the corporate, for the monetary 12 months ended March 31, 2022, topic to approval of shareholders on the ensuing Annual General Meeting.

    Bajaj Auto

    Bajaj Auto on Wednesday stated its consolidated internet revenue declined by 2 per cent to Rs 1,526 crore within the fourth quarter ended on March 31, 2022, on account of decrease gross sales in each home and export markets. The firm’s whole two-wheeler and business car gross sales declined by 17 per cent to 9,76,651 models within the fourth quarter as in contrast with 11,69,664 models in the identical interval of 2020-21 fiscal.

    In the home market, the full gross sales declined by 27 per cent to three,89,155 models as in opposition to 5,34,119 models in the identical interval of FY21.

    The firm confronted extreme provide chain challenges, particularly within the fourth quarter of FY22, impacting gross sales of bikes and business autos, Bajaj Auto stated in a regulatory submitting.

    Indian Hotels Company

    Tata group hospitality agency Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated internet revenue of Rs 71.57 crore within the fourth quarter ended on March 31, 2022. The firm had posted a consolidated internet lack of Rs 97.72 crore in the identical interval of the earlier fiscal, IHCL stated in a regulatory submitting.

    Consolidated income from operations in the course of the quarter beneath evaluate stood at Rs 872.08 crore as in opposition to Rs 615.02 crore within the year-ago interval. Total bills in the course of the fourth quarter stood at Rs 894.16 crore as in comparison with Rs 754.15 crore in the identical interval a 12 months in the past, the corporate stated.

    For the fiscal ended March 21, 2022, IHCL stated its consolidated internet loss narrowed to Rs 264.97 crore. The consolidated internet loss was at Rs 795.63 crore within the earlier fiscal.

    KPIT Technologies

    Auto industry-focused KPIT Technologies on Wednesday reported a 53 per cent rise in its March 2022 quarter internet at Rs 80.5 crore. The Pune-headquartered firm has closed FY22 with an 87 per cent leap in its post-tax revenue, at Rs 276.2 crore, on the again of a 19.48 per cent progress in revenues.

    In the quarter beneath evaluate, the corporate witnessed a 20.62 per cent progress in income at Rs 651.76 crore, and reported over USD 125 million in new deal wins, excluding a 70 million euro take care of a European agency.

    Adani Enterprises

    Adani Enterprises on Wednesday introduced incorporation of its subsidiary AMG Media Networks. The wholly-owned subsidiary (WOS) will begin its enterprise operations sooner or later.

    -with PTI inputs

  • From Macrotech Developers to HDFC Life Insurance: Here are high shares to observe on April 27

    Stocks to observe at the moment: The topline fairness indices on the BSE and National Stock Exchange (NSE) snapped out of its two-session shedding streak and climbed round 1.5 per cent on Tuesday.

    The S&P BSE Sensex surged 776.72 factors (1.37 per cent) to finish at 57,356.61 factors whereas the NIfty 50 rallied 246.85 factors (1.46 per cent) to settle at 17,200.80.

    Here are the highest shares to observe on Wednesday, April 27, 2022:

    Macrotech Developers

    Realty agency Macrotech Developers Ltd on Tuesday reported a multi-fold bounce in consolidated internet revenue at Rs 1,202.37 crore for the final fiscal on larger income and pre-sales.

    Its internet revenue stood at Rs 40.16 crore in 2020-21, based on a regulatory submitting. Total revenue rose to Rs 9,579.17 crore within the 2021-22 monetary yr from Rs 5,771.65 crore within the earlier fiscal.

    Aditya Birla Sun Life AMC

    Aditya Birla Sun Life AMC on Tuesday reported a one per cent development in revenue after tax at Rs 158.5 crore within the three months ended March 2022.

    In comparability, the corporate had posted a Profit After Tax (PAT) of Rs 156.7 crore within the year-ago interval, based on a submitting to the inventory exchanges. Revenue from operations rose 3 per cent to Rs 323.5 crore within the quarter underneath evaluation. The similar stood at Rs 315.3 crore within the three months ended March 2021.

    IIFL Securities

    IIFL Securities on Tuesday reported a 3 per cent development in revenue after tax at Rs 79.7 crore for the fourth quarter ended March 2022. In comparability, the corporate had posted a PAT (Profit After Tax) of Rs 77.7 crore in the identical quarter of the previous fiscal, IIFL Securities stated in a press release.

    United Breweries

    Beer maker United Breweries Ltd, managed by Dutch multinational firm Heineken NV, on Tuesday reported a 67.92 per cent improve in its consolidated internet revenue to Rs 163.78 crore for the fourth quarter ended March 2022, led by a volume-based development.

    The firm had posted a internet revenue of Rs 97.53 crore throughout the January-March quarter of the earlier fiscal, United Breweries Ltd (UBL) stated in a regulatory submitting.

    HDFC Life Insurance

    HDFC Life Insurance on Tuesday reported a 12.4 per cent development in internet revenue at Rs 357.52 crore for the March quarter regardless of a fall in revenue, however a steep plunge in funding positive factors and COVID claims crimped the bottomline for the total yr by 11 per cent to Rs 1,208 crore.

    During the reporting quarter, whole revenue fell to Rs 16,054.94 crore from Rs 19,191.32 crore a yr in the past, regardless of an increase in internet premium revenue to Rs 14,289.66 crore from Rs 12,868.01 crore.

    -with PTI enter

  • From Eveready Industries to Zee Learn: Here are high shares to observe on April 26

    The benchmark fairness indices on the BSE and National Stock Exchange (NSE) fell for the second consecutive session, slipping over 1 per cent on Monday. The S&P BSE Sensex crashed 617.26 factors (1.08 per cent) to finish at 56,579.89 whereas the Nifty 50 settled at 16,953.95, down 218.00 factors (1.27 per cent).

    Here are the important thing shares to observe on Tuesday, April 26, 2022:

    Eveready Industries

    Battery and flashlights maker Eveready Industries India Ltd on Monday reported narrowing of its consolidated internet loss to Rs 38.41 crore within the fourth quarter ended March.

    The firm had posted a internet lack of Rs 442.53 crore within the January-March interval a 12 months in the past, it stated in a regulatory submitting.

    Its income from operations rose 17.82 per cent to Rs 294.33 crore in the course of the quarter below overview. In the year-ago interval, the identical stood at Rs 249.81 crore.

    Gujarat Mineral Development Corporation

    Gujarat Mineral Development Corporation (GMDC) on Monday reported a consolidated revenue after tax (PAT) of Rs 176.99 crore for the quarter ended March 2022.

    The firm had posted a consolidated post-tax lack of Rs 184.63 crore within the year-ago interval, GMDC stated in a submitting to BSE.

    The consolidated revenue of the corporate in the course of the January-March quarter elevated to Rs 1,096.97 crore, from Rs 608.36 crore in the identical interval a 12 months in the past.

    The firm additional stated its board has advisable a dividend of Rs 4.30 per fairness share of Rs 2 every for FY’22.

    Century Textiles

    Century Textiles & Industries, a part of the Aditya Birla group, on Monday reported a Rs 84 crore internet revenue within the March quarter, making a flip round from a Rs 5 crore internet loss within the year-ago interval as its gross sales jumped 45 per cent to Rs 1,188 crore.

    For the complete monetary 12 months, the corporate which is into textiles, pulp and paper and realty companies, booked Rs 200 crore in internet revenue, up four-fold from Rs 50 crore within the pandemic-ravaged FY21. Its FY22 income at Rs 4,067 crore jumped 54 per cent from Rs 2,564 crore in FY21.

    Zee Learn

    Private sector lender Yes Bank Ltd has moved National Company Law Tribunal (NCLT) looking for initiation of insolvency proceedings towards Zee Learn, based on a regulatory submitting.

    The firm stated that Yes Bank Ltd has allegedly claimed that the whole quantity in default with respect to a monetary facility is Rs 468 crore. Zee Learn has obtained a discover from the Mumbai bench of the NCLT over Yes Bank’s petition and is within the means of compiling info to confirm the information, the submitting stated on Monday.

    -with PTI enter

  • From Reliance Industries to ICICI Bank: Here are high shares to observe on April 25

    Stocks to observe at the moment: The benchmark fairness indices on the BSE and nationwide Stock Exchange (NSE) snapped out of its two-day successful streak and ended over 1.2 per cent decrease on Friday. The S&P BSE Sensex fell 714.53 factors (1.23 per cent) to settle at 57,197.15 whereas the Nifty 50 declined 220.65 factors (1.27 per cent) to finish at 17,171.95.

    Here are the important thing shares to observe on Monday, April 25, 2022:

    ICICI Bank

    Beating market estimates, personal sector lender ICICI Bank on Saturday reported a 59.4 per cent year-on-year soar in internet revenue to Rs 7,018.7 crore for the quarter ended March 2022, as in opposition to Rs 4,402.61 crore in the identical interval a 12 months in the past.

    Higher internet curiosity earnings and improved asset high quality boosted the financial institution’s backside line.

    The financial institution’s board has additionally accredited a dividend of Rs 5 per share for the shareholders.

    HDFC Bank

    HDFC Bank on Saturday declared a 1550 per cent or 15.50 per share dividend to its shareholders for the monetary 12 months 2021-22.

    The board at its assembly has beneficial a dividend of Rs 15.50 per fairness share of Re 1 (1550 per cent) out of the web income for the 12 months ended March 31, 2022, HDFC Bank stated in a regulatory submitting.

    This is topic to the approval of the shareholders on the ensuing Annual General Meeting, it stated.

    Tejas Networks

    Tata group agency Tejas Networks on Friday posted a consolidated lack of Rs 49.62 crore within the fourth quarter ended on March 31, 2022, because the scarcity of digital chips hit its telecom gear manufacturing. The firm had posted a revenue of Rs 33.55 crore within the interval a 12 months in the past.

    The consolidated income from operations of Tejas Networks declined by 37.23 per cent to Rs 126.5 crore throughout the reported quarter from Rs 201.55 crore within the March 2021 quarter.

    Reliance Industries and Future group shares

    A day after Future Group’s proposed Rs 24,713 crore deal to promote its belongings to Reliance Retail was rejected by a majority of lenders to flagship Future Retail Ltd (FRL), Reliance Industries, in a inventory trade intimation Saturday, has stated that as such, the scheme of association “cannot be implemented”.

    On Friday, secured lenders rejected Future Retail’s deal to promote its belongings to Reliance Retail Ventures Ltd, a subsidiary of RIL.