Here’s a slew of stocks that will be in focus today for various reasons
Balkrishna Industries reported net profit of Rs 260 crore for the March quarter. Revenue was down 2% to Rs 2,317 crore.
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PFC’s net profit came in at Rs 4,677 crore during the fourth quarter. Revenues stood at Rs 10,184 crore in the same period.
GMR Airports has reported a net loss of Rs 441 crore for the January-March period. Revenue from operations, meanwhile, came in at Rs 1,894 crore.
PTC India has reported net profit of Rs 116 crore in the March quarter. Revenue from operations stood at Rs 148 crore.
Adani Transmission, IRCTC, NHPC, Torrent Power, Rail Vikas Nigam
Shares of Adani Transmission, IRCTC, NHPC, Torrent Power and Rail Vikas Nigam will be in focus this week as the companies will announce their fourth quarter results today.
Dalmia Cement (North East) Ltd has approved capital expenditure of Rs 3,642 Crore for setting up of a new clinkerisation unit of 3.6 MTPA at its Umrangso unit, and a new cement grinding unit of 2.4 MTPA at its Lanka unit.
ONGC‘s consolidated net profit fell 53% to Rs 5,701 crore for the quarter ended March. The profit stood at Rs 12,061 crore in the March quarter of last year. On a standalone level, the company reported a net loss of Rs 248 crore during the March quarter.
Karnataka Bank posts net profit at Rs 354 crore during the March quarter. NII during the same period stood at Rs 860 crore.
Indigo Paints net profit rose 41% to Rs 48.7 crore during the March quarter. Revenue from operations increased 13% to Rs 325 crore.
NCC has appointed Sanjay Pusarla as chief financial officer of the company with effect from June 1.
Ion Exchange (India)
Ion Exchange (India) posted net profit of Rs 82 crore in the fourth quarter. Revenue was up 30% to Rs 647 crore in the said period.
Inox Wind posted a net loss of Rs 117 crore in the March quarter. Revenue from operations rose 40% to Rs 193 crore.
BHEL has reported a 33% decline in its consolidated net profit at Rs 611 crore for the quarter ended March. The same stood at Rs 912 crore in the corresponding quarter of last year.