Here’s a quick look at stocks likely to be in focus in Wednesday's trade, covering quarterly earnings, bulk deals, and stake sale announced by companies after market hours on Tuesday:
Ola Electric Mobility, Glenmark Pharmaceuticals, Astron Paper & Board Mill, Bajaj Healthcare, GMR Power and Urban Infra, Hindustan Aeronautics, Jaiprakash Associates, KNR Constructions, Lux Industries, Mazagon Dock Shipbuilders, National Fertilizers, Apeejay Surrendra Park Hotels, Sanstar, Shriram Properties, SpiceJet, Stanley Lifestyles, Sunteck Realty, and Vascon Engineers will announce their quarterly earnings scorecard on August 14.
Hero MotoCorp Q1 (Standalone YoY)
Profit jumps 36.1% to Rs 1,122.6 crore Vs Rs 825 crore
Revenue grows 15.7% to Rs 10,143.7 crore Vs Rs 8,767.3 crore
Apollo Hospitals Enterprise Q1 (Consolidated YoY)
Profit spikes 82% to Rs 315.5 crore Vs Rs 173.4 crore
Revenue grows 15.1% to Rs 5,085.6 crore Vs Rs 4,417.8 crore
FSN E-Commerce Ventures (Nykaa) Q1 (Consolidated YoY)
Profit surges 151.7% to Rs 13.64 crore Vs Rs 5.42 crore
Revenue increases 22.8% to Rs 1,746.1 crore Vs Rs 1,421.8 crore
Company to acquire 39% stake in Dot & Key Wellness From promoters or existing shareholders for Rs 265.3 crore
Piramal Enterprises Q1 (Standalone YoY)
Profit sinks 60.5% to Rs 228.1 crore Vs Rs 577 crore
Revenue plunges 63.3% to Rs 348.2 crore Vs Rs 949 crore
Manappuram Finance Q1 (Consolidated YoY)
Profit rises 11.7% to Rs 556.5 crore Vs Rs 498 crore
Net interest income surges 18.7% to Rs 1,639.9 crore Vs Rs 1,381.7 crore
GMR Airports Infrastructure Q1 (Consolidated YoY)
Loss stands at Rs 337.6 crore Vs profit of Rs 15.5 crore
Revenue jumps 19.1% to Rs 2,402.2 crore Vs Rs 2,017.6 crore
Finance cost rises to Rs 889.42 crore Vs Rs 575.94 crore
Depreciation cost spikes to Rs 466.16 crore Vs Rs 295.6 crore
Emcure Pharmaceuticals Q1 (Consolidated YoY)
Profit increases 8.2% to Rs 152.6 crore Vs Rs 141 crore
Revenue grows 16.6% to Rs 1,815.1 crore Vs Rs 1,556.2 crore
Gujarat Narmada Valley Fertilizers & Chemicals Q1 (Consolidated YoY)
Profit grows 34.1% to Rs 118 crore Vs Rs 88 crore
Revenue increases 22.3% to Rs 2,021 crore Vs Rs 1,652 crore
SJVN Q1 (Consolidated YoY)
Profit jumps 31.4% to Rs 357.1 crore Vs Rs 271.8 crore
Revenue grows 29% to Rs 870.4 crore Vs Rs 674.8 crore
Muthoot Finance Q1 (Standalone YoY)
Profit jumps 10.6% to Rs 1,078.7 crore Vs Rs 975.1 crore
Revenue grows 21.6% to Rs 2,352.7 crore Vs Rs 1,934.9 crore
Nazara Technologies Q1 (Consolidated YoY)
Profit increases 13.2% to Rs 23.6 crore Vs Rs 20.86 crore
Revenue falls 1.7% to Rs 250.1 crore Vs Rs 254.4 crore
NBCC (India) Q1 (Consolidated YoY)
Profit surges to 38.5% to Rs 107.2 crore Vs Rs 77.4 crore
Revenue grows 11.3% to Rs 2,144.2 crore Vs Rs 1,926.1 crore
Stocks To Watch
Vedanta
The company has received approval from the Committee of Directors for the sale of up to 11 crore equity shares (a 2.6% stake) of Hindustan Zinc via an offer-for-sale.
Sansera Engineering
The Board of Directors of the company will meet on August 20 to consider raising funds through QIP or another method.
Bombay Dyeing and Manufacturing Company
The company has executed definitive agreements with Goisu Realty (a subsidiary of Sumitomo Realty & Development Company) and received Rs 537.78 crore to complete the transaction of land sale at Worli.
Mahindra and Mahindra
Total sales for July increased by 2.1% year-on-year to 64,929 units, but production fell by 1.2% to 69,138 units, and exports dropped by 40.4% to 1,515 units.
SJVN
The company has received board approval for monetization through the securitization of partial future revenue/return on equity of the Nathpa Jhakri Hydro Power Station (NJHPS). The board also approved, in principle, the dilution of stake in the subsidiary, SJVN Green Energy.
Bulk Deals
Brainbees Solutions
Nomura India Investment Fund Mother Fund A/C (Nomura) (MF India) bought a 0.93% stake in the FirstCry operator, and TNTBC as the Trustee of Nomura India Stock Mother Fund (Nomura) NISMF purchased 0.62% shares, at an average price of Rs 681.03 per share.
Sundram Fasteners
SBI Mutual Fund bought a 0.6% stake in the company at an average price of Rs 1,318 per share. However, promoter TVS Sundram Fasteners sold a 1.57% stake at the same price.
Vibrant Global Capital
Investor Siddhartha Bhaiya sold a 0.48% stake in the company at an average price of Rs 78.84 per share.
Stocks Turn Ex-Dividend
Bharat Electronics, Gujarat Pipavav Port, Anzen India Energy Yield Plus Trust, Brookfield India Real Estate Trust REIT, Dhunseri Investments, EPL, HG Infra Engineering, JB Chemicals & Pharmaceuticals, Jindal Drilling, KCP, Kalyani Steels, Maharashtra Seamless, Mahanagar Gas, Samvardhana Motherson International, Motherson Sumi Wiring India, Hitachi Energy India, RailTel Corporation of India, Saurashtra Cement, TTK Prestige
Stock Trades Ex-Date For Rights
Vinny Overseas
Stock Turns Ex-Buyback
TTK Prestige
Stocks Under F&O Ban
Aarti Industries, Chambal Fertilisers and Chemicals, Aditya Birla Capital, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Birlasoft, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
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