Here's a quick look at stocks likely to be in focus in Tuesday's trade, covering quarterly earnings, order wins, and divestments announced by companies after market hours on Monday:
Bajaj Auto, Aditya Birla Money, L&T Finance, Network18 Media & Investments, TV18 Broadcast, Alok Industries, Agro Tech Foods, Century Textiles & Industries, CRISIL, DB Corp, Dee Development Engineers, Eimco Elecon, Himadri Speciality Chemical, International Travel House, Jubilant Ingrevia, Just Dial, and Sofcom Systems will release their quarterly earnings on July 16.
Jio Financial Services Q1FY25 (Consolidated QoQ)
Net profit rises 0.64% to Rs 312.6 crore Vs Rs 310.6 crore
Revenue falls 0.07% to Rs 417.8 crore Vs Rs 418.1 crore
Angel One Q1FY25 (Consolidated YoY)
Profit jumps 32.6% to Rs 292.7 crore Vs Rs 220.8 crore
Revenue spikes 74% to Rs 1,405.5 crore Vs Rs 807.5 crore
Hatsun Agro Product Q1FY25 (YoY)
Net profit surges 62.9% to Rs 130.5 crore Vs Rs 80.1 crore
Revenue rises 10.4% to Rs 2,375 crore Vs Rs 2,150.6 crore
Company declares an interim dividend of Rs 6 per share
Den Networks Q1FY25 (Consolidated YoY)
Net profit climbs 6.8% to Rs 45.5 crore Vs Rs 42.6 crore
Revenue falls 9.4% to Rs 247.5 crore Vs Rs 273.2 crore
Udaipur Cement Works Q1FY25 (YoY)
Net loss at Rs 10.3 crore Vs profit at Rs 4.2 crore
Revenue jumps 31.9% to Rs 324.8 crore Vs Rs 246.3 crore
SpiceJet Q3FY24 (Consolidated YoY)
Net loss at Rs 298.8 crore Vs profit at Rs 110.12 crore
Revenue drops 17.4% to Rs 1,914.5 crore Vs Rs 2.316.9 crore
SpiceJet Q4FY24 (Consolidated YoY)
Net profit at Rs 126.9 crore Vs loss at Rs 6.2 crore
Revenue declines 19% to Rs 1,738.4 crore Vs Rs 2,145 crore
Stocks To Watch
Unichem Laboratories
The United States Food and Drug Administration (USFDA) conducted an inspection at the company’s Goa formulation facility from July 8-15. The inspection concluded with five observations, primarily concerning procedural changes.
Lupin
The pharma major has divested its US Commercial Women’s Health Specialty business to Evofem Biosciences Inc, a US biopharmaceutical company focused exclusively on women’s health. Lupin stands to receive up to $84 million from this divestment, which includes commercializing SOLOSEC (secnidazole) 2g oral granules.
Hindustan Unilever
The company's board has approved the sale and divestment of its water purification business, operating under the brand Pureit, to A O Smith India Water Products for $72 million (Rs 601 crore), on a slump sale basis.
Vedanta
The company has launched its Qualified Institution Placement (QIP) issue on July 15, setting a floor price of Rs 461.26 per share.
Ujaas Energy
The board has approved a bonus issue in the ratio of 1:4 (one bonus share for every four shares held) and the appointment of Anurag Mundra as a wholetime director for a term of 5 years, subject to shareholder approval.
Century Textiles & Industries
Birla Estates, a wholly owned subsidiary, has acquired a 5-acre land parcel in Gurugram, with potential for approximately 10 lakh square feet of development and expected revenue exceeding Rs 1,400 crore.
JNK India
The company has secured an order worth up to Rs 50 crore from JNK Global, Korea, for a regeneration furnace for a refinery project in Oklahoma, USA.
Sarda Proteins
Shipra Gandhi has resigned as Chief Financial Officer (CFO) of the company for personal reasons, effective July 15.
Asian Hotels (North)
Amritesh Jatia has resigned as Chairman and Managing Director, effective July 15.
Tamil Nadu Newsprint & Papers
The board has appointed Sandeep Saxena as Chairman and Managing Director, replacing M Sai Kumar.
Bulk Deals
Eris Lifesciences
Franklin Templeton Mutual Fund has acquired an additional 0.8% stake in the company at an average price of Rs 1,000.04 per share. Meanwhile, high net worth individual Rakesh Shah has sold a 1.47% stake at an average price of Rs 1,000.12 per share.
Pearl Global Industries
HDFC Mutual Fund has purchased 1.58% shares in the company at an average price of Rs 731 per share. High net worth individual Shah Sanjiv Dhireshbhai has sold 0.6% stake at an average price of Rs 731.01 per share.
Kellton Tech Solutions
BOFA Securities Europe SA has acquired a 0.65% stake in the company at an average price of Rs 175.91 per share.
Stocks Turn Ex-Dividend
Dr Reddy's Labs, Lupin, Nestle India, IDBI Bank, IDFC, Mahindra & Mahindra Financial Services, Elegant Marbles, Pix Transmissions, Punjab & Sind Bank, Rane Engine Valve, Sakuma Exports, Sundaram Brake Linings, Thirumalai Chemicals, TTK Healthcare, Wires & Fabriks
Stocks Trade Ex-Date for Rights
Indowind Energy, GACM Technologies,
Stock Trades Ex-Bonus
MM Forgings
F&O Ban
Hindustan Copper, Aditya Birla Fashion & Retail, Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, India Cements, Indus Towers, RBL Bank
Stocks Removed From F&O Ban
Balrampur Chini Mills, Bandhan Bank, Indian Energy Exchange, Piramal Enterprises
Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
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