At the stock markets, the S&P BSE Sensex lost 338 points, or 0.68 per cent, to close at 49,565, on Thursday, May 20, 2021. The Nifty at the National Stock Exchange slid 124 points, or 0.83 per cent, to end at 14,906. But certain stocks came in the news after the market was closed. These stocks can impact the indices, when it reopens on Friday, May 21, 2021. List of such five stocks:
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HPCL + Havells India + Torrent Power
HPCL: State-controlled Hindustan Petroleum Corp Ltd (HPCL) has reported a 28.2% QoQ rise in the profits at Rs 3,018 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 2,354.6 crore in the previous quarter ended December 31, 2021. Revenues went up 9% QoQ to Rs 74,843.4 as compared to Rs 68,659.2 crore posted in the previous quarter. EBITDA stood at Rs 4,666.4 crore, up 41.3% from Rs 3,301.5 crore posted in the December quarter. The EBITDA margins improved to 6.2% in Q4FY21 as compared to 4.8% posted in
SBI s extraordinary performance on asset quality as well as surprisingly low slippages of around Rs 5,500 crore bodes well for the stock markets attempt at reclaiming its record high.
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