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Stocks in the news: HUL, Bajaj Finance, Gland Pharma, Ceat and Havells

Nifty futures on the Singapore Exchange traded 131 points, or 0.84 per cent higher at 15,741, signaling that Dalal Street was headed for a positive start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade.

HUL, Ultratech, Bajaj Auto: Hindustan Unilever,

, Bajaj Auto, Hindustan Zinc, ICICI Lombard Genenral Insurance Company, Biocon, Mphasis, Bajaj Holdings, , IndiaMART InterMESH, and IEX are among the company that will announce quarterly earnings today.

Bajaj Finserv: The leading NBFC reported an over 31 per cent decline in consolidated net profit at Rs 833 crore for the first quarter ended June 2021. The company had reported a net profit of Rs 1,215 crore in the same quarter of the preceding fiscal.

Bajaj Finance: The top-notch NBFC reported a 4.2 per cent rise in consolidated net profit at Rs 1,002 crore for the first quarter ended June of the current fiscal year. The company’s net profit stood at Rs 962 crore in the same period a year ago.

Foodworks: The operator of dominos reported a consolidated net profit of Rs 69.06 crore in the first quarter ended June 30, aided by higher revenues despite the second wave of Covid-19 disrupting operations. It had posted a consolidated net loss of Rs 74.47 crore in the same quarter last fiscal.

Gland Pharma: The drug firm reported an 11.83 per cent increase in its consolidated net profit to Rs 350.7 crore for the quarter ended June 30, 2021, on account of robust sales in all markets. The company had posted a net profit of Rs 313.6 crore for the corresponding period of the previous fiscal.

Ceat: The tyre major posted a consolidated net profit of Rs 23 crore for the first quarter ended June 30, 2021. The company had reported a net loss of Rs 35 crore for the year-ago period amid massive COVID-led disruptions in the market.

Havells India: The consumer electrical goods maker reported nearly four-fold jump in its consolidated net profit to Rs 235.78 crore for the first quarter ended June 2021, driven by “resilient” demand post easing of Covid restrictions. The company had posted a consolidated net profit of Rs 63.98 crore in the April-June quarter a year ago.

Bank of Baroda: The state owned lender and fintech platform U GRO Capital have launched a co-lending platform Pratham, under which Rs 1,000 crore loan will be disbursed to the MSME sector in the country.

Polycab India: The wires and cables manufacturer reported a 36 per cent decline in net income to Rs 75.3 crore for the first quarter ended June 30. On a low base, revenue grew by 93 per cent to Rs 1,880.5 crore despite the challenging business environment arising out of the lockdowns.

Tata Power: The Tata Groups’ Tata AutoComp Systems on Wednesday said it along with US-based charging infrastructure company Tellus Power Green has executed a supply order for 64 200kW DC fast chargers to Tata Power.

is setting up charging stations for the EV buses in Mumbai as well as Ahmedabad.

ICICI Securities: The brokerage firm has reported a 61 per cent jump in profit after tax (PAT) to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins. In comparison, the company had posted a PAT of Rs 193 crore in the same quarter preceding fiscal.

Granuels India: The drug firm said its US-based facility has cleared an audit by the US health regulator. Granules Pharmaceuticals, Inc (GPI), a Virginia-based wholly-owned subsidiary of the company, had undergone a pre-approval inspection (PAI) audit by the US Food and Drug Administration (FDA) from June 21 to June 25.

Rallis India: The tata group firm reported a 10 per cent decline in its consolidated net profit to Rs 82.34 crore for the first quarter ended June 30. Its net profit stood at Rs 91.87 crore in the year-ago period.

Syngene International: The pharmaceutical company has reported a 33.27 per cent rise in its consolidated net profit at Rs 77.3 crore for the quarter ended June 30, 2021 driven by progress across all its business divisions and a strong boost provided by the COVID-19 drug, remdesivir.

ICICI Prudential Life: The life insurance Company reported a net loss of Rs 185.73 crore for June quarter 2021-22. The company had posted a net profit of Rs 287.59 crore in the year-ago period. In the previous quarter (January-March 2021).

Network18 Media & Investments: The media firm reported a consolidated net profit of Rs 121.51 crore for the first quarter ended June 2021. The company had posted a net loss of Rs 60.60 crore for the April-June period of the previous fiscal.

Tejas Networks: The domestic telecom gear maker posted a consolidated net profit of Rs 7.55 crore for the first quarter ended June 30, 2021. The company had a loss of Rs 9.76 crore in the same period a year ago.


Kesoram Industries:
The B K Birla group will pump in Rs 100 crore in

company, a company official said on Wednesday. The company board approved private placement of Rs 33.33 crore in equity and Rs 66.66 crore in fully convertible warrants to Usinara Trading and Services Private Limited, part of the Birla family firm.

TV18 Broadcast: The media firm reported a consolidated net profit of Rs 162.44 crore for the first quarter ended June 2021. The company had posted a net profit of Rs 1.88 crore for the April-June period of the previous fiscal,

Shanthi Gears: The Coimbatore-based company has said it made Rs 8.5 crore as profit after tax (PAT) for the quarter ending June 30, 2021. The company, which is a subsidiary of Tube Investments of India Ltd, reported a net loss at Rs 3.58 crore in the corresponding quarter last year. For the year ending March 31, 2021, the PAT stood at Rs 20.17 crore.

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