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GMM Pfaudler and Dilip Buildcon are among companies that will announce their March quarter results today. Sun Pharma: The drug major reported an over two-fold jump in consolidated net profit to Rs 894.15 crore for the quarter ended March 2021, mainly on account of robust performance in the Indian market. The company had posted a net profit of Rs 399.84 crore in the corresponding period of the previous fiscal. Eicher Motors: The automaker reported a 73 per cent jump in consolidated profit after tax at Rs 526.14 crore for the fourth quarter ended March 31, 2021, riding on better sales. The company had posted a consolidated profit after tax of Rs 304.28 crore in the fourth quarter of the previous fiscal. ....
: 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 geralt, pixabay.com, 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. ....
, High Court of Delhi held that mere fact that S. 9 proceedings entail disputed facts would be no ground to reject the S. 9 petition as in the Section 9 proceedings, there are bound to be disputed facts which are to be adjudicated in arbitration, by the Arbitral Tribunal agreed upon by the parties. The Court, in a Section 9 proceeding, is merely required to consider the grant/non-grant of interim measures claimed, applying the same principles as applicable to disposal of applications under Order XXXIX Rules 1&2 of the Code of Civil Procedure, 1908 (CPC). The Court further held that it is not as if in exercise of powers under Section 9, no mandatory relief can be granted. ....