MedMen Enterprises Inc. (OTC: MMNFF)Vireo Health International, Inc.
As a cannabis company led by physicians with a science-focused multi-state operation, Vireo Health International, Inc. is bringing state-of-the-art technology and science to the market. Currently, Vireo manufactures branded cannabis products and has established distribution with a growing network of retail locations and 3rd party dispensaries. The company operates 16 dispensaries nationwide across 5 states. And holds additional licenses for expansions into other markets in the future.
In its latest earnings report, Vireo announced fourth-quarter and full-year 2020 results with full-year GAAP revenue of $49.2 million up 64% compared to 2019. The company saw gross profit increase by $9.8 million to $17.1 million. Currently, Vireo is executing its core market strategy which focuses on Arizona, Maryland, Minnesota, New Mexico, and New York. The company is expected to release first-quarter 2021 financial results on
Infosys has announced a strategic collaboration with Britvic to accelerate its digital strategy
The domestic stock markets are likely to open on a cautious note, in line with lacklustre cues from the global market front. Trends on SGX Nifty indicate a flat opening for the index in India, with a 4-points loss. At 7:30 am, the Nifty futures were trading at 14,845 on the Singapore Stock Exchange.
On Tuesday, the BSE Sensex had declined 340.60 points to close at 49,161.81 and the Nifty had slipped 91.60 points to 14,850.80.
Stocks to watch in trade in today s session
Infosys
Godrej Consumer Products
Godrej Consumer Products consolidated profit rose 59.1 per cent to Rs 365.84 crore in the fourth quarter ended March 2021 from Rs 229.9 crore in the same quarter last year.
JMC Projects posted a consolidated net profit of Rs 41.44 crore for January-March quarter
The domestic stock markets are likely to open in the red on the back of negative global cues. Trends on SGX Nifty indicate a gap-down opening for the index in India, with a 205-points loss. At 7:30 am, the Nifty futures were trading at 14,783, weaker by 205 points or 0.1.7 per cent on the Singapore Stock Exchange.
On Monday, the BSE Sensex gained 295.94 points to close at 49,502.41 and the Nifty rose 119.20 points to 14,942.40 to gain for the fourth day in a row.
Stocks to watch in trade in today s session
Maruti Suzuki has extended the shutdown at its plant till May 16, 2021 due to pandemic situation.
The domestic stock markets are likely to have a gap-up opening due to favourable global cues. Trends on SGX Nifty indicate a gap-up opening for the index in India, with a 107-points gain. At 7:30 am, the Nifty futures were trading at 14,975 on the Singapore Stock Exchange.
On Friday, the BSE Sensex climbed 256.71 points to 49,206.47 and the Nifty was up 98.40 points at 14,823.20.
Stocks to watch in trade in today s session
Hero MotoCorp
Hero MotoCorp, India s largest motorbike maker, extended a shutdown at its manufacturing facilities across the country till May 16. Hero MotoCorp had suspended its manufacturing operations in April.
Stocks To Watch: Hero MotoCorp, Tata Consumer Products, HDFC Hero MotoCorp s standalone net profit rose 39.4 per cent to Rs 865 crore in the March quarter compared to Rs 620.7 crore in the same quarter last year
Updated: May 07, 2021 8:59 am IST
HDFC is likely to be in the limelight ahead of its earnings, which will be reported during the day.
The domestic stock markets are likely to have a positive opening, continuing with the momentum witnessed on the previous day, due to favourable global cues. Trends on SGX Nifty indicate a positive opening for the index in India, with a 46-point gain. At 7:30 am, the Nifty futures were trading at 14,843, higher by 46 points or 0.37 per cent, on the Singapore Stock Exchange.