: Friday, May 28, 2021, 12:50 AM IST
Stocks to Watch: Wockhardt, Sun Pharma, Kalyan Jewellers, Cadila Healthcare, UCO Bank, Garware Technical Fibres, Suryoday SFB, IRB Infra among others
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With the earnings update of some stocks, it will be interesting to see which stocks go upwards and which one moves downward.
Here is a list of stocks that may be buzzing today:
Wockhardt: Drug firm reported a consolidated net loss of Rs 106.84 crore for the quarter ended March 31, 2021. The company had posted a net profit of Rs 68.51 crore for the corresponding period of the previous fiscal, Wockhardt said in a BSE filing. The consolidated total income of the company for the quarter under consideration stood at Rs 639.50 crore.
Read more about IRB Infra posts 37% drop in fourth quarter profit at Rs 97.45 crore on Business Standard. The firm s expenses stood at Rs 1,474.27 crore, as compared to Rs 1,445.29 crore a year ago.
Read more about Market Wrap Podcast, May 24: Here s all that happened in the markets today on Business Standard. The BSE barometer of 30-shares settled 111 points, or 0.2 per cent, higher at 50,652 levels while the broader Nifty50 index closed at 15,198 levels, up 22 points or 0.15 per cent
: Friday, May 7, 2021, 1:41 AM IST
Stocks to watch out for today: Tata Consumer Products, IRB Infrastructure, Adani Power, Cognizant, Hero MotoCorp, Blue Star among others
Stocks to watch out for today: Tata Consumer Products, IRB Infrastructure, Adani Power, Cognizant, Hero MotoCorp, Blue Star among others
On Friday, when the market opens one can expect some activity in some stocks that filed their financial results on Thursday after market hours. Here we have listed a few stocks that are expected to show some movement on Friday.
Tata Consumer Products: This integrated Food & Beverage company reported a consolidated income of Rs 3,080.18 crore in Q4 FY 2021, a rise of 26.91 per cent from Rs 2,426.96 crore in Q4 FY 2020. Meanwhile, the Group consolidated net profit for the quarter ended March 31, 2021 was at Rs 74.35 crore. The net profit after taxes (excluding share of net profit in associates and joint ventures using equity method) was at Rs 133.34 crore in Q4 FY 2021.
LIC increases stake in IRB Infrastructure Developers to 7.06%
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State-run insurer Life Insurance Corporation (LIC) has raised its stake in the company that operates Mumbai-Pune Expressway. LIC now has a 7.06 per cent stake in IRB Infrastructure Developers.
The company in its filing said the insurer added 2.03 per cent stake or 7.19 lakh equity shares to its existing holding of 1.76 crore equity shares or 5.03 per cent stake. The insurer increased its stake by market purchase.
LIC s stake in the company rose to 5.27 per cent from 3.81 per cent in the June quarter of FY 2021.
IRB Infra is the largest highway developer in the private sector with an asset base of Rs 45,000 crore and two InvITs. The companyâs business segments are toll roads, construction, airport development and real estate.