Stocks in the news | Berger Paints, InterGlobe Aviation, Neuland Labs, Raymond, IG Petrochemicals
Mahanagar Gas, PPAP Automotive, Siti Networks, Tata Steel, Gujarat Mineral Development Corporation, are also among the stocks in focus today.
Results today | Eicher Motors, Titan Company, GAIL India, Hindalco Industries, Aurobindo Pharma, ABB India, Asian Granito India, Bank of India, Bata India, BEML, Gujarat State Petronet, Happiest Minds Technologies, Indraprastha Gas, Metropolis Healthcare, NBCC India, RITES, Shalimar Paints, SpiceJet and Ujjivan Financial Services are among 330 companies that are slated to announce their quarterly earnings.
Mahanagar Gas | The company reported higher profit at Rs 217.2 crore in Q3FY21 against Rs 186 crore in Q3FY20, revenue fell to Rs 666.4 crore from Rs 744 crore YoY.
Raymond | The company reported lower consolidated profit at Rs 21.7 crore in Q3FY21 against Rs 195.3 crore in Q3FY20, revenue declined to Rs 1,243.4 crore from Rs 1,885.4 crore YoY.
IG Petrochemicals | The company reported sharply higher consolidated profit at Rs 62.9 crore in Q3FY21 against Rs 4.5 crore in Q3FY20, revenue jumped to Rs 314.7 crore from Rs 275.6 crore YoY.
Berger Paints | The company reported higher consolidated profit at Rs 274.8 crore in Q3FY21 against Rs 182.3 crore in Q3FY20, revenue jumped to Rs 2,118.2 crore from Rs 1,696 crore YoY.
Neuland Laboratories | Employees Retirement System of Texas - Self Managed Portfolio acquired 86,000 equity shares in the company at Rs 1,842.24 per share on the NSE.
PPAP Automotive | Marcellus Investment Managers sold 83,814 equity shares in the company at Rs 259.79 per share on the NSE.
Siti Networks | HDFC MF A/C HDFC Growth Fund sold 60 lakh equity shares in the company at Rs 1.05 per share on the NSE.
Tata Steel | The company reported consolidated profit at Rs 3,989 crore in Q3FY21 against loss of Rs 1,166 crore in Q3FY20, revenue increased to Rs 39,594 crore from Rs 35,520 crore YoY.
Gujarat Mineral Development Corporation | The company reported consolidated loss at Rs 2.76 crore in Q3FY21 against profit Rs 28.2 crore in Q3FY20, revenue fell to Rs 329.3 crore from Rs 339.6 crore YoY.
Interglobe Aviation | The parent firm of the country's largest airline IndiGo, reached a settlement with Sebi in a case pertaining to non-disclosure of related-party transactions (RPTs). The company has paid a settlement amount of Rs 2.13 crore, stated the settlement order issued by the market regulator on February 9.
Glenmark Pharmaceuticals | The company’s board will meet later this week to consider the buyback of its Singapore-listed foreign currency convertible bonds (FCCBs).
The Phoenix Mills | The company’s subsidiary Mindstone Mall Developers has acquired 7.48 acres of prime land in Alipore, Kolkata for Rs 300 crore. The land parcel has a development potential of approximately 1 million sq ft with the first phase of the development expected to be operational during FY25 subject to local and municipal approvals.
VST Tillers Tractors | The company has appointed VT Ravindra as Managing Director with effect from 20th February 2021.
Torrent Power | The company’s Q3FY21 net profit fell 23 percent to Rs 321.73 crore from Rs 420.62 crore, while revenue declined 4 percent to Rs 2,990.11 crore from Rs 3,115.48 crore, YoY.
Crompton Greaves Consumer Electricals | Promoter Amalfiaco Ltd divested 3.8 crore shares of the company between the price range of Rs 392.45 and Rs 392.92 through open market transactions. This translated into a total deal value of Rs 1,492.2 crore.
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