Stocks in the news | Biocon, Tata Power, Britannia, Vedanta, Hero Moto, PNB
Stove Kraft, Bharat Electronics, PSP Projects, Container Corporation of India, Trent, Gillette India, Dollar Industries, are also among the stocks in focus today.
Results today | Britannia Industries, Mahindra & Mahindra, Punjab National Bank, Aditya Birla Capital, Alkem Laboratories, Ashoka Buildcon, Mrs Bectors Food Specialities, Cadila Healthcare, CG Power and Industrial Solutions, Equitas Holdings, Future Consumer, Fortis Healthcare, Gati, GSK Pharmaceuticals, Gujarat Gas, Jubilant Life Sciences, Narayana Hrudayalaya, Pfizer, RCF, Shipping Corporation of India etc are among 127 companies that are scheduled to release their quarterly earnings.
Stove Kraft | The company will list equity shares on February 5.
Bharat Electronics | The company entered into offset contract with Russian company JSC Rosoboronexport.
PSP Projects | The company received additional work order worth Rs 236 crore for an institutional project at Gujarat, and ranked L1 bidder for projects worth Rs 420.89 crore medical colleges construction in UP.
Container Corporation of India | The company reported higher consolidated profit at Rs 234.3 crore in Q3FY21 against Rs 180.9 crore in Q3FY20, revenue rose to Rs 1,766.9 crore from Rs 1,544.7 crore YoY.
Trent | The company reported higher consolidated profit at Rs 64 crore in Q3FY21 against Rs 49.2 crore in Q3FY20, revenue fell to Rs 853.6 crore from Rs 988.3 crore YoY.
Adani Transmission | The company reported sharply higher consolidated profit at Rs 395.3 crore in Q3FY21 against Rs 203.7 crore in Q3FY20, revenue declined to Rs 2,597 crore from Rs 2,777.5 crore YoY.
Vedanta | The board approved expansion of Lanjigarh alumina refinery from 2 MTPA to 5 MTPA at a cost of Rs 3,779 crore.
Gillette India | The company reported higher profit at Rs 41.3 crore in December quarter 2020 against Rs 18.8 crore in December quarter 2019, revenue increased to Rs 520.4 crore from Rs 459.3 crore YoY.
Dollar Industries | The company reported higher consolidated profit at Rs 27.8 crore in Q3FY21 against Rs 18.8 crore in Q3FY20, revenue increased to Rs 311.8 crore from Rs 254.8 crore YoY.
Godrej Agrovet | The company reported higher consolidated profit at Rs 68 crore in Q3FY21 against Rs 51.2 crore in Q3FY20, revenue fell to Rs 1,526.2 crore from Rs 1,782.7 crore YoY.
Biocon | The company signed an agreement with the Clinton Health Access Initiative (CHAI), to expand access to lifesaving cancer biosimilars in over 30 countries in Africa & Asia.
Tata Power | The company reported higher consolidated profit at Rs 318.4 crore in Q3FY21 against Rs 260.1 crore in Q3FY20, revenue increased to Rs 7,597.9 crore from Rs 7,071 crore YoY.
Hero MotoCorp Q3 | Net profit was up 23.2 percent at Rs 1,084.5 crore against Rs 880.4 crore (YoY). Revenue gained 39.7 percent at Rs 9,775.8 crore against Rs 6.996.7 crore (YoY). EBITDA rose 36.1 percent at Rs 1,413.6 crore against Rs 1,038.9 crore (YoY).
Godrej Properties | The company told analysts in a post-earnings conference call that it is readying a war chest of about USD 1 billion to acquire land, assets, and under-construction projects from other builders facing stress due to the COVID-19 pandemic.
