Global markets are doing well. Alphabet Inc. aka Google posted good numbers. The stock surged 8% on Index. SGX Nifty indicates a positive start for Indian markets.
The following stocks in focus today:
Tata Teleservices: The company will not convert its AGR dues into equity. It is now opted for deferment for a 4 year period.
Tech Mahindra: The company reported a higher profit at Rs.1378.2 Cr vs. Rs.1340.9 Cr QoQ. Its Revenue jumped to Rs.11450.8 Cr from Rs.10881.3 Cr QoQ.
Anupam Rasayan: The company is going to acquire
Laxmi Organic Industries: The company reported a higher consolidated profit at Rs.82.09 Cr vs. Rs.45.21 Cr YoY. Its revenue rose to Rs.857.87 Cr from Rs.435.5 Cr YoY.
VIP Industries: The company has reported a consolidated profit of Rs.33.47 Cr vs. a loss of Rs.7 Cr YoY. Its revenue jumped to Rs.397.34 Cr from Rs.232.53 Cr YoY.
Gujarat Ambuja Exports: The company reported lower consolidated profit at Rs.105.13 Cr vs. Rs.109.62 Cr YoY. Its revenue rose to Rs.1238 Cr from Rs.1211.20 Cr YoY.
Amber Enterprises India: The company enters into definitive agreements with Pravartaka Tooling Services by acquiring 60% stake in Pravartaka Tooling Services.
Cadila Health : ZydusUniverse starts supplies of its Covid-19 vaccine ZycoV-D to Government.
Dalmia Bharat : The company adds its ground -mounted solar power plant capacity to 17.1 MW (from 2.4 MW in 2014), in Cuttack, Odisha.
Today’s Important Results:
HDFC, Adani Green Energy, Zee Entertainment Enterprises, Dabur India, Aarti Surfactants, Apollo Tyres, Adani Total Gas, Bajaj Consumer Care, Balaji Amines, Balrampur Chini Mills, Mahindra & Mahindra Financial Services, Meghmani Organics, Blue Star, eClerx Services, Gillette India, Indian Overseas Bank, JK Lakshmi Cement, Jubilant FoodWorks, Tata Consumer Products, Zydus Wellness and VRL Logistics.
Editor, Tax Concept. I have written on market, finance, management, and technology.