Stocks in the news: Shree Cement, Zomato, Balrampur Chini, PNB Housing and IHCL

Nifty futures on the Singapore Exchange traded 19 points, or 0.12 per cent lower at 16,253, signaling that Dalal Street was headed for a negative start on Tuesday. Here are a dozen stocks which may buzz the most in today’s trade:

Power Grid, Zomato, CIL: Power Grid Corporation, Zomato, Coal India, Siemens,

, Lupin, & Power, Max Financial Services, Trent, Max Healthcare Institute, , , Computer Age Management Services are among the companies that will announce quarterly earnings today.

Shree Cement: The cement major reported a 80 per cent jump in the net profit to Rs 866.66 crore in the quarter ended on June 30, 2021. The company has reported a net profit of Rs 483.13 crore in the same quarter previous year.

Bombay Dyeing: The textile firm reported a net loss of Rs 107.31 crore in the June 2021 quarter, as against a net loss of Rs 129.25 crore in the Q1FY2021. The company’s net loss has narrowed during the period under review.

The sugar producer reported a 44.69 per cent decline in consolidated net profit to Rs 76.92 crore for the quarter ended June 30. The company’s net profit had stood at Rs 139.09 crore during the corresponding quarter of 2020-21.

Amara Raja Batteries: The auto part manufacturer plans to invest about USD one billion in the next five to seven years towards capex to be spent for both organic and inorganic growth, a senior official of the company said.

India: The drug firm reported a 45.03 per cent decline in its net profit to Rs 10.24 crore for the June ended quarter. The company had posted a net profit of Rs 18.63 crore for the corresponding period of the previous fiscal.

PNB Housing Finance: The Securities Appellate Tribunaldelivered a split verdict on the tussle between PNB Housing Finance and markets regulator Sebi over the lender’s proposed nearly Rs 4,000 crore-deal with Carlyle Group.

Indian Hotels Company: The Tata group hospitality arm reported narrowing of its consolidated net loss to Rs 301.58 crore for the quarter ended June 30, 2021. The company had posted a net loss of Rs 312.60 crore for the corresponding period of the previous financial year.

Satin Creditcare Network: The microfinance lender reported a net loss of Rs 81 crore for June quarter 2021-22 as disbursements and collection got impacted due to the second wave of COVID-19. It logged a profit of Rs 13 crore in the year-ago period.

Corporation: The investment arm of Tata Group reported higher consolidated profit at Rs 53.89 crore in the June 2021 quarter as against Rs 18.40 crore in the previous quarter

Kamdhenu: The metal producer reported a more than three-fold jump in its consolidated profit after tax to Rs 5.58 crore in the June quarter, mainly on account of higher income. The company had clocked a profit after tax of Rs 1.5 crore in the year-ago period.

Timken India: The industrial machinery company reported higher profit at Rs 56.72 crore in the quarter ended on June 30, 2021, as against Rs 3.15 crore in the year ago quarter.

Gati: The Allcargo group firm has appointed Pirojshaw Sarkari as its CEO, the company said on Monday. Sarkari was appointed after Bala Aghoramurthy, Deputy Managing Director at Gati-KWE, decided to take a break from his corporate executive role.

Mukand: Four Bajaj group companies on Monday bought shares worth over Rs 353 crore in Mukand Ltd, through open market transactions. Bajaj Sevashram Pvt Ltd purchased shares for Rs 94.42 crore, Bachhraj and Company Pvt Ltd Rs 159.27 crore.

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