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HomeNewsBusinessMarketsStock Radar: Bharti Airtel, Tata Chemicals, Akums Drugs, Deepak Nitrite, Biocon in focus on Tuesday

Stock Radar: Bharti Airtel, Tata Chemicals, Akums Drugs, Deepak Nitrite, Biocon in focus on Tuesday

Oil and Natural Gas Corporation, Triveni Turbine, Motherson Sumi Wiring India, Bharti Hexacom, Schneider Electric Infrastructure, V-Mart Retail, and Deepak Nitrite will also be in focus on Tuesday.

August 06, 2024 / 01:11 IST
Stocks to Watch

Stocks to Watch

Here’s a quick look at stocks likely to be in focus in Tuesday's trade, covering quarterly earnings, fund raising, and appointment announced by companies after market hours on Monday:

Results on August 6

Shree Cement, Tata Power, Lupin, PB Fintech, Power Finance Corporation, Bajaj Electricals, Bata India, Blue Star, Bosch, Chambal Fertilisers & Chemicals, Cummins India, EIH, Gland Pharma, Gujarat Gas, IIFL Finance, Krsnaa Diagnostics, Linde India, PI Industries, Symphony, TVS Motor Company, Vedanta, and VIP Industries will release their quarterly earnings on August 6.

Quarterly Earnings

Bharti Airtel Q1 (Consolidated QoQ)

Profit jumps 100.8% to Rs 4,160 crore Vs Rs 2,071.6 crore

Revenue grows 2.4% to Rs 38,506.4 crore Vs Rs 37,599.1 crore

EBITDA rises 1.8% to Rs 19,944.2 crore Vs Rs 19,590.5 crore

EBITDA Margin drops to 51.8% Vs 52.1%

ARPU increases to Rs 211 Vs Rs 209

Exceptional gains at Rs 735 crore Vs exceptional loss at Rs 2,455.5 crore

Oil and Natural Gas Corporation Q1 (Standalone)

Profit falls 9.4% to Rs 8,938.1 crore Vs Rs 9,869.4 crore (QoQ)

Revenue grows 1.8% to Rs 35,266.4 crore Vs Rs 34,636.7 crore (QoQ)

Profit declines 15.1% to Rs 8,938.1 crore Vs Rs 10,526.8 crore (YoY)

Revenue rises 4.3% to Rs 35,266.4 crore Vs Rs 33,814.3 crore (YoY)

Triveni Turbine Q1 (Consolidated YoY)

Profit increases 31.9% to Rs 80.41 crore Vs Rs 61 crore

Revenue grows 23% to Rs 463.3 crore Vs Rs 376.4 crore

Motherson Sumi Wiring India Q1 (YoY)

Profit jumps 20.9% to Rs 148.9 crore Vs Rs 123.1 crore

Revenue grows 16.7% to Rs 2,184.8 crore Vs Rs 1,871.8 crore

Tata Chemicals Q1 (Consolidated YoY)

Profit drops 67.6% to Rs 190 crore Vs Rs 587 crore

Revenue falls 10.2% to Rs 3,789 crore Vs Rs 4,218 crore

Bharti Hexacom Q1 (QoQ)

Profit jumps 130% to Rs 511.2 crore Vs Rs 222.6 crore

Revenue grows 2.3% to Rs 1,910.6 crore Vs Rs 1,868 crore

EBITDA falls 0.25% to Rs 911.7 crore Vs Rs 914 crore

EBITDA Margin drops to 47.7% Vs 48.9%

Exceptional gain at Rs 318.3 crore Vs Nil

Schneider Electric Infrastructure Q1 (YoY)

Profit spikes 38.8% to Rs 48.5 crore Vs Rs 34.9 crore

Revenue grows 19.7% to Rs 592.9 crore Vs Rs 495.3 crore

V-Mart Retail Q1 (YoY)

Profit stands at Rs 12.14 crore Vs loss of Rs 21.9 crore

Revenue grows 15.9% to Rs 786 crore Vs Rs 678.5 crore

Deepak Nitrite Q1 (Consolidated YoY)

Profit increases 35.1% to Rs 202.5 crore Vs Rs 149.9 crore

Revenue grows 22.5% to Rs 2,166.8 crore Vs Rs 1,768.3 crore

Brigade Enterprises Q1 (Consolidated YoY)

Profit zooms 268% to Rs 80.5 crore Vs Rs 21.9 crore

Revenue jumps 64.8% to Rs 1,077.7 crore Vs Rs 653.97 crore

BLS International Services Q1 (Consolidated YoY)

Profit jumps 70.1% to Rs 120.8 crore Vs Rs 71 crore

Revenue grows 28.5% to to Rs 492.7 crore Vs Rs 383.5 crore

BEML Q1 (Consolidated YoY)

Net loss narrows to Rs 70.5 crore Vs loss of Rs 75 crore

Revenue rises 9.9% to Rs 634.1 crore Vs Rs 576.9 crore

Stocks To Watch

Reliance Industries

The forty-seventh Annual General Meeting (post-IPO) of the company’s members will be held on August 29.

Aster DM Healthcare

Nitish Shetty has resigned as Chief Executive Officer and Senior Management Personnel of the company to pursue an entrepreneurial opportunity.

Lupin

The company has announced the incorporation of Lupin Lanka (Private) Ltd in Sri Lanka as its wholly-owned subsidiary. Additionally, it has received a centralized Show Cause Notice from the Maharashtra GST Authority, seeking recovery of Rs 336.2 crore in taxes, along with applicable interest and an equivalent penalty of Rs 336.2 crore for the period from July 2017 to March 2022.

Mahindra Lifespace Developers

Viral Oza has resigned as Chief Marketing Officer of the company, effective September 30.

Adani Energy Solutions

The Adani Group company has raised Rs 8,373 crore through a qualified institutional placement (QIP).

Biocon

The biopharma company has received an Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) from the US Food and Drug Administration (USFDA) for its API facility in Visakhapatnam, Andhra Pradesh. The USFDA conducted a GMP inspection of the facility between June 17 and June 21.

Mainboard Listing on August 6

Akums Drugs and Pharmaceuticals

SME Listing on August 6

Kizi Apparels, Ashapura Logistics, Rajputana Industries, Bulkcorp International, Sathlokhar Synergys E&C Global

Bulk Deals

Aavas Financiers

Smallcap World Fund Inc has bought a 0.63% stake in the housing finance company at an average price of Rs 1,630 per share.

Bajaj Consumer Care

Quant Mutual Fund has bought a 1.89% stake in the company at an average price of Rs 256 per share. However, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold a 1.69% stake in the company at an average price of Rs 256.02 per share.

Huhtamaki India

Plutus Wealth Management LLP has purchased a 0.66% stake in the company at an average price of Rs 416.49 per share.

Stocks Turn Ex-Dividend

Grasim Industries, Ipca Laboratories, Batliboi, Bombay Oxygen Investments, Fermenta Biotech, LT Foods, Morganite Crucible, Oriental Aromatics, TCI Express, TD Power Systems, Usha Martin, West Coast Paper Mills

Stock Trades Ex-Date For Amalgamation

ISMT

Stocks Under F&O Ban

Hindustan Copper, Aditya Birla Capital, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, RBL Bank

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Sunil Shankar Matkar
first published: Aug 6, 2024 01:11 am

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