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Last Updated : May 11, 2020 10:29 AM IST | Source: Moneycontrol.com

In pics | Stocks in the news: ICICI Bank, Hero MotoCorp, Apollo Pipes, Dr Lal PathLabs, Lupin, VIP Industries

ICICI Bank, Dr Reddy's Labs, Hero MotoCorp, Sobha, TCI Express, Magma Fincorp and NOCIL are some of the stocks in focus today.

Here are the stocks in the news today. (Image: Moneycontrol)
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Here are the stocks in the news today. (Image: Moneycontrol)

Piramal Enterprises, ADF Foods, Godrej Agrovet, Godrej Properties, Motilal Oswal Financial Services, Sonata Software, Subex, Wockhardt
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Piramal Enterprises, ADF Foods, Godrej Agrovet, Godrej Properties, Motilal Oswal Financial Services, Sonata Software, Subex, Wockhardt

ICICI Bank
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ICICI Bank | Bank reported a 26 percent year-on-year growth in standalone profit at Rs 1,221.36 crore in quarter ended March 2020, missing analysts estimates due to higher COVID-19 related provisions. Provisions and contingencies in March quarter rose 9.5 percent year-on-year to Rs 5,967.44 crore, and the sequential increase was 186.5 percent. Domestic loan growth was at 13 percent YoY in March quarter, driven by 16 percent growth in retail segment that contributed about 53.3 percent to total loan book. Net interest margin improved to 3.87 percent in Q4FY20.

Apollo Pipes | Promoter Sameer Gupta acquired 75,000 shares in company at Rs 329.98 per share. (Image: apollopipes.com)
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Apollo Pipes | Promoter Sameer Gupta acquired 75,000 shares in the company at Rs 329.98 per share. (Image: apollopipes.com)

Sobha | Anamudi Real Estates LLP bought another 555,000 shares in company at Rs 178.87 per share. (Image: Moneycontrol)
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Sobha | Anamudi Real Estates LLP bought another 555,000 shares in the company at Rs 178.87 per share. (Image: Moneycontrol)

SeQuent Scientific | Carlyle Group entered into binding agreements to acquire 74% stake in company. (Image: sequent.in)
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SeQuent Scientific | Carlyle Group entered into binding agreements to acquire a 74% stake in the company. (Image: sequent.in)

TCI Express Q4 | Profit fell 12.5% to Rs 19 crore, revenue fell 10.5% to Rs 238 crore YoY. (Image: tciexpress.in)
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TCI Express Q4 | Profit fell 12.5% to Rs 19 crore, revenue fell 10.5% to Rs 238 crore YoY. (Image: tciexpress.in)

VIP Industries | Rakesh Jhunjhunwala raised stake to 5.31% in Q4FY20, from 5.11% in Q3. MFs also upped stake to 10.4% versus 9.13%. (Image: Moneycontrol)
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VIP Industries | Rakesh Jhunjhunwala raised the stake to 5.31% in Q4FY20, from 5.11% in Q3. MFs also upped stake to 10.4% versus 9.13%. (Image: Moneycontrol)

Swaraj Engines Q4 | Profit fell to Rs 15.84 crore versus Rs 16.65 crore, revenue dropped to Rs 175.13 crore versus Rs 191.47 crore year-on-year (YoY). (Image: swarajenterprise.com)
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Swaraj Engines Q4 | Profit fell to Rs 15.84 crore versus Rs 16.65 crore, revenue dropped to Rs 175.13 crore versus Rs 191.47 crore year-on-year (YoY). (Image: swarajenterprise.com)

Everest Industries | Patel Ramanbhai Narayanbhai HUF bought 80,000 shares at Rs 171.39 per share. (Image: everestind.com)
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Everest Industries | Patel Ramanbhai Narayanbhai HUF bought 80,000 shares at Rs 171.39 per share. (Image: everestind.com)

Gammon Infrastructure | Consolidated Infrastructure Company bought 5,497,333 shares at Rs 0.39 per share. (Image: WIkipedia)
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Gammon Infrastructure | Consolidated Infrastructure Company bought 5,497,333 shares at Rs 0.39 per share. (Image: WIkipedia)

Uttam Galva Steels Q4: Loss at Rs 536.04 crore versus loss at Rs 656.23 crore, revenue fell to Rs 118.66 crore versus Rs 277.12 crore YoY. (Image: Moneycontrol)
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Uttam Galva Steels Q4 | Loss at Rs 536.04 crore versus loss at Rs 656.23 crore, revenue fell to Rs 118.66 crore versus Rs 277.12 crore YoY. (Image: Moneycontrol)

Magma Fincorp | Company resumed operations at select 147 branches in few of the states. (Image: magma.co.in)
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Magma Fincorp | Company resumed operations at select 147 branches in a few states. (Image: magma.co.in)

Profit rose to Rs 535.93 crore versus Rs 340.05 crore, revenue fell to Rs 3,415.14 crore versus Rs 3,489.35 crore YoY. (Image: PTI)
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Shree Cement Q4 | Profit rose to Rs 535.93 crore versus Rs 340.05 crore, revenue fell to Rs 3,415.14 crore versus Rs 3,489.35 crore YoY. (Image: PTI)

VST Tillers Tractors: Company has resumed its manufacturing operation. (Image: vsttractors.com)
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VST Tillers Tractors | Company has resumed its manufacturing operation. (Image: vsttractors.com)

NOCIL: Company has partially resumed its manufacturing operations. (Image: nocil.com)
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NOCIL | Company has partially resumed its manufacturing operations. (Image: nocil.com)

Dr Lal PathLabs | CRISIL assigned long term rating at Dr Lal PathLabs: Westbridge Crossover Fund, LLC reduced stake in company to 5.01% in Q4FY20, against 9.8% in Q3FY20. (Image: lalpathlabs.com)
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Dr Lal PathLabs | Westbridge Crossover Fund, LLC reduced stake in the company to 5.01% in Q4FY20, against 9.8% in Q3FY20. (Image: lalpathlabs.com)

Lupin: Pithampur facilities completed successful UK MHRA inspection. (Image: Moneycontrol)
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Lupin | Pithampur facilities completed a successful UK MHRA inspection. (Image: Moneycontrol)

Mahindra Holidays | Company reported a consolidated loss after tax of Rs 161.51 crore for the fourth quarter ended March 2020. Revenue from operations in the fourth quarter stood at Rs 616.61 crore, as against Rs 634.59 crore in the year-ago period.
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Mahindra Holidays | Company reported a consolidated loss after tax of Rs 161.51 crore for the fourth quarter ended March 2020. Revenue from operations in the fourth quarter stood at Rs 616.61 crore, as against Rs 634.59 crore in the year-ago period.

Hero MotoCorp | Company said it has resumed operations across 1,500 touch-points, including authorised dealerships, across the country. Hero MotoCorp' sales network includes over 6,000 touch-points, comprising around 1,000 dealers, service centres, among others, across the country. The company had reopened three of its manufacturing plants at Dharuhera and Gurgaon in Haryana and Haridwar in Uttarakhand on May 4.
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Hero MotoCorp | Company said it has resumed operations across 1,500 touch-points, including authorised dealerships, across the country. Hero MotoCorp' sales network includes over 6,000 touch-points, comprising around 1,000 dealers, service centres, among others, across the country. The company had reopened three of its manufacturing plants at Dharuhera and Gurgaon in Haryana and Haridwar in Uttarakhand on May 4.

Dr Reddy's Labs | Company is recalling 1,752 bottles of generic heartburn medicine in the US after the American health regulator found quality issues with the product. As per the latest Enforcement Report by the the US Food and Drug Administration (USFDA), the firm is voluntarily recalling 1,752 bottles (1,000 count) of 40 mg Esomeprazole Magnesium delayed release capsules in the US.
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Dr Reddy's Labs | Company is recalling 1,752 bottles of generic heartburn medicine in the US after the American health regulator found quality issues with the product. As per the latest Enforcement Report by the the US Food and Drug Administration (USFDA), the firm is voluntarily recalling 1,752 bottles (1,000 count) of 40 mg Esomeprazole Magnesium delayed release capsules in the US.

adani transmission
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Adani Transmission | Company reported a 60 percent drop in consolidated net profit at Rs 58.97 crore for the March quarter. The fall was mainly on account of a one-time writeoff of Rs 185 crore finance sunk cost. Total income of the company rose to Rs 3,317.51 crore in the quarter under review from Rs 2,569.16 crore in the year ago period. For full fiscal 2019-20, consolidated net profit rose to Rs 706.49 crore, from Rs 559.20 crore in 2018-19.

Bank Of Baroda | Bank reduces MCLR between 5-20 basis points across various tenors from May 12.
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Bank Of Baroda | Bank reduces MCLR between 5-20 basis points across various tenors from May 12.

Union Bank of India
24/24

Union Bank of India | Bank reduces MCLR by up to 15 basis points across various tenors from May 11.

First Published on May 11, 2020 07:30 am
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