Here’s a quick look at stocks likely to be in focus in Tuesday's trade, covering quarterly earnings, bulk deals, and order wins announced by companies after market hours on Monday:
Hero MotoCorp, Hindalco Industries, FSN E-Commerce Ventures Nykaa, Allied Blenders and Distillers, Allcargo Logistics, Anupam Rasayan India, Apollo Hospitals Enterprise, Ashoka Buildcon, Dilip Buildcon, Eclerx Services, Emcure Pharmaceuticals, Endurance Technologies, Godrej Industries, HEG, Ipca Laboratories, Indian Railway Catering and Tourism Corporation, Manappuram Finance, Medi Assist Healthcare Services, Max Financial Services, Samvardhana Motherson International, MTAR Technologies, Muthoot Finance, Nazara Technologies, NBCC India, Piramal Enterprises, Religare Enterprises, SJVN, and TBO Tek will release their quarterly earnings on August 13.
Vodafone Idea Q1 (QoQ)
Loss narrows to Rs 6,432.1 crore Vs loss of Rs 7,675 crore
Revenue falls 0.9% to Rs 10,508.3 crore Vs Rs 10,606.8 crore
EBITDA declines 3% to Rs 4,204.7 crore Vs Rs 4,335.8 crore
EBITDA margin drops to 40% Vs 40.9%
Average Revenue Per User (ARPU) flat at Rs 146 Vs Rs 146
NMDC Q1 (Consolidated YoY)
Profit rises 18.2% to Rs 1,963.6 crore Vs Rs 1,661.2 crore
Revenue increases 0.4% to Rs 5,414.2 crore Vs Rs 5,394.7 crore
Orchid Pharma Q1 (Consolidated YoY)
Profit surges 212.2% to Rs 29.4 crore Vs Rs 9.4 crore
Revenue rises 33.6% to Rs 244.4 crore Vs Rs 182.9 crore
Other income jumps to Rs 7.6 crore Vs Rs 1.88 crore
Olectra Greentech Q1 (Consolidated YoY)
Profit grows 34.2% to Rs 24.3 crore Vs Rs 18.07 crore
Revenue rises 45.3% to Rs 313.9 crore Vs Rs 216 crore
Other income increases to Rs 3.06 crore Vs Rs 1.2 crore
Share of associates - profit at Rs 3.55 crore Vs loss of Rs 1.75 crore
Board re-appointed Venkateswara Pradeep Karumuru as the Managing Director of the company for 3 years effective July 29
Housing & Urban Development Corporation Q1 (Consolidated YoY)
Profit jumps 25.2% to Rs 557.8 crore Vs Rs 445.7 crore
Net interest income grows 11.2% to Rs 724.7 crore Vs Rs 651.6 crore
63 Moons Technologies Q1 (Consolidated YoY)
Loss stands at Rs 11.5 crore Vs profit of Rs 39 crore
Revenue drops 66.3% to Rs 38.7 crore Vs Rs 114.98 crore
Indian Railway Finance Corporation Q1 (YoY)
Profit grows 1.6% to Rs 1,576.8 crore Vs Rs 1,551.3 crore
Revenue increases 1.4% to Rs 6,765.6 crore Vs Rs 6,673.9 crore
Camlin Fine Sciences Q1 (Consolidated YoY)
Loss stands at Rs 34.7 crore Vs profit of Rs 12 crore
Revenue declines 5.7% to Rs 395.8 crore Vs Rs 419.6 crore
Hindustan Copper Q1 (Consolidated YoY)
Profit spikes 140% to Rs 113.4 crore Vs Rs 47.3 crore
Revenue grows 33% to Rs 493.6 crore Vs Rs 370.9 crore
Stocks To Watch
JSW Steel
The company, through its wholly owned subsidiary JSW Steel (Netherlands) B.V., has executed transaction-related documents to acquire a 66.67% economic interest in M Res NSW via subscription to its non-voting Class B shares. The total purchase cost is $120 million. Additionally, JSW will further infuse $50 million in M Res NSW as the deferred consideration payable in 2030. M Res NSW HCC Pty owns a 30% stake in a joint venture formed to acquire the Illawarra Metallurgical Coal business of South32, consisting of the Appin and Dendrobium mines. The remaining 70% stake is held by Golden Investments (Australia) III Pte.
Kotak Mahindra Bank
Sonata Finance and BSS Microfinance, both wholly-owned subsidiaries of the bank, have approved a Scheme of Amalgamation of Sonata with BSS on a going concern basis. The Scheme, however, will be subject to the approval of the respective shareholders and creditors of Sonata and BSS, as well as the approval of the concerned National Company Law Tribunal (NCLT).
Wipro
Subha Tatavarti has resigned as Chief Technology Officer of the company, effective August 16, to pursue opportunities outside Wipro.
Aditya Birla Sun Life AMC
Parag Joglekar has resigned as Chief Financial Officer and Key Managerial Personnel of the company to pursue career opportunities outside the company, effective September 13.
G R Infraprojects
The company has received a Letter of Intent from REC Power Development and Consultancy for the establishment of a transmission scheme for the integration of Tumkur-II REZ in Karnataka, valued at Rs 53.77 crore.
Power Grid Corporation of India
The company has been declared the successful bidder under Tariff-based competitive bidding to establish an inter-state transmission system on a build, own, operate, and transfer (BOOT) basis. The project comprises the augmentation of transformation capacity and associated bays extension works at the existing Bhadla-III substation in Rajasthan.
KPI Green Energy
The company has approved and launched its Qualified Institutions Placement on August 12. The floor price has been fixed at Rs 983.24 per share.
Asian Hotels (North)
The board has approved the appointment of Preeti Gandhi as Chairperson of the company, effective August 12. Preeti Gandhi was previously an Independent Non-Executive Director. Furthermore, the board also appointed Krishna Kumar Acharya as a Whole Time Director of the company, designated as an Executive Director, effective August 12.
Marico
The company's manufacturing operations in Bangladesh have resumed at a normal scale. Operating conditions in the market have been gradually improving, and the retail sales force and distributors have been functioning since last week.
Bulk Deals
Saregama India
Foreign portfolio investor Amansa Holdings bought a 0.78% stake in the company at an average price of Rs 480 per share. However, foreign portfolio investor Hill Fort India Fund LP sold a 1.06% stake in the company at an average price of Rs 480.1 per share.
Mainboard Listing on August 13
Brainbees Solutions (FirstCry), Unicommerce eSolutions
Stocks Turn Ex-Dividend
Bandhan Bank, Dhunseri Ventures, EIH Associated Hotels, Fine Organic Industries, Great Eastern Shipping, Heritage Foods, IKIO Lighting, Lloyds Metals and Energy, Navneet Education, Neelamalai Agro Industries, Patel Integrated Logistics, Sigma Solve, SJS Enterprises
Stocks Trade Ex-Date For Bonus
EIH Associated Hotels, Milkfood
Stock Trades Ex-Date For Split
Milkfood
Stock Trades Ex-Date For Rights
Orient Green Power Company
Stock Turns Ex-Buyback
Navneet Education
Stocks Under F&O Ban
Sun TV Network, Aditya Birla Capital, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Birlasoft, Granules India, Hindustan Copper, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL
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