The US markets did well on Friday. Asian markets are mixed. SGX Nifty indicates a negative start for Indian markets. The following stocks in focus today:
SBI: The state-owned lender reported its Q3 earnings. Its Q3 net profit stood at Rs.8432 Cr vs Rs.5196 Cr YoY. Its NII jumped to Rs.30687.2 Cr vs Rs.28819.9 Cr YoY.
Minda Corporation: The company reported its net profit at Rs.69.9 Cr vs Rs.49.5 Cr YoY. However, its revenue fell to Rs.738.3 Cr from Rs.739.8 Cr YoY.
City Union Bank: The lender reported a higher profit at Rs.196.11 Cr vs Rs.169.93 Cr YoY. Its NII rose to Rs.489.97 Cr from Rs.489.05 Cr YoY.
Bank of Baroda: The bank reported profit at Rs.2197 Cr vs Rs.1061.11 Cr YoY. Its NII rose to Rs.8552.1 Cr from Rs.7477.7 Cr YoY.
Eveready Industries: The company reported a profit at Rs.23.71 Cr vs Rs.48.8 Cr YoY. Its Revenue fell to Rs.325.88 Cr vs Rs.340.27 Cr YoY.
Tata Steel: The steel giant reported a higher profit at Rs.9572.67 Cr vs Rs.3697.22 Cr YoY. Its revenue jumped to Rs.60783.11 Cr from Rs.41935.21 Cr YoY.
Shree Cement: The company reported net profit at Rs.482.70 Cr vs Rs.631.58 Cr YoY. Its revenue jumped to Rs.3637.11 Cr from Rs.3557.21 Cr YoY.
Dalmia Bharat Sugar and Industries: The company registered profit at Rs.56.58 Cr vs Rs.37.10 Cr YoY. Its revenue jumped to Rs.615.67 Cr vs Rs.605.78 Cr YoY.
Easy Trip Planners: The company enters is going to acquire Yolo Traveltech’s brand name, technology, running business expertise, data and team.
Todays important Q3 earnings:
Union Bank of India, NALCO, TVS Motor Company, Gabriel India, Glaxo-smithkline Pharmaceuticals, Indian Bank, JM Financial, Jindal Stainless, Castrol India, Chemcon Speciality Chemicals, Clean Science and Technology, PB Fintech, and Punjab & Sind Bank.