Pre- Market Inforamtion – Zomato, Hero Motocorp, Tata Chemicals, ONGC, and others in focus today

The US markets reacted negatively to the inflation data. That reflects in Asian markets trade. SGX Nifty also indicates a wide gap down. 

The following stocks in focus today:

Hero MotoCorp: The company reported a lower profit at Rs.686 Cr vs Rs.1084.5 Cr YoY. its revenue was down to Rs.7883 Cr vs Rs.9776 Cr YoY. 

Zomato: The company reported a loss at Rs.63.2 Cr vs a loss of Rs.352.6 Cr YoY. Its revenue jumped to Rs.1112 Cr from Rs.609.4 Cr YoY.

Torrent Power: The company acquired 25 MW solar power plant from Blue Diamond Properties & Balrampur Chini.

Aurobindo Pharma: The company received US FDA nod for Digoxin to treat heart arrhythmias.

Tata Chemicals: The company reported a higher profit at Rs.300.98 Cr vs Rs.160.85 Cr YoY. Its revenue rose to Rs.3141.58 Cr vs Rs.2606.08 Cr YoY.

Rashtriya Chemicals & Fertilizers: The company reported sharply higher profit at Rs.143.15 Cr vs Rs.98.7 Cr YoY. Its revenue jumped to Rs.3699.21 Cr vs Rs.2047.88 Cr YoY.

Cummins India: Its net profit up to Rs.249.5 Cr vs Rs.240.3 Cr YoY. Its revenue jumped to Rs.1744 Cr vs Rs.1430 Cr YoY.

Trent: The company reported a higher profit at Rs.113.78 Cr vs Rs.64.03 Cr YoY. Its revenue jumped to Rs.1499.08 Cr vs Rs.853.63 Cr YoY.

Today’s important results:

Divis Labs, ONGC, Ashok Leyland, Oil India, Motherson Sumi Systems,India Cements, Allcargo Logistics, Anupam Rasayan, Fortis Healthcare, Glenmark Pharmaceuticals, Godrej Industries, Honeywell Automation, MOIL, Nazara Technologies, Power Finance Corporation, Sobha, Shree Renuka Sugars, Ujjivan Financial Services, and Voltas.