Stocks to Watch Today, 6 August: Stocks like National Securities Depository, Sri Lotus Developers, M&B Engineering, Bharti Airtel, Britannia Industries, Lupin, Prestige Estates Projects, EIH, Gland Pharma, and HG Infra Engineering will be in focus on August 5.
Stocks To Watch, Feb 1: Stocks like Bandhan Bank, LIC Housing Finance, IRB Infrastructure Developers, Nuvama Wealth Management, Mahindra Lifespace Developers, Aster DM Healthcare, Sheela Foam, Triveni Turbine, Relaxo Footwears, Karnataka Bank, Godrej Agrovet, Hero MotoCorp, Aurobindo Pharma, and UPL will be in focus on February 1, Budget day.
The company had posted a net profit of Rs 9.23 crore in the September quarter
The company said it does not need any regulatory approval for the transaction and the deal will be completed by October 14, 2024
ICICI Securities is bullish on Sheela Foam has recommended buy rating on the stock with a target price of Rs 1150 in its research report dated May 22, 2024.
Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.
The S&P BSE 100 index will also see a dynamic shift as seven counters will change. As per IIFL, it is an active largecap benchmark. Tata Elxsi, Adani Power, Voltas, Bandhan Bank, Mphasis, Crompton Greaves Consumer Electricals and ACC are to be dropped from the index
Sheela Foam reported a consolidated profit of Rs 44.3 crore, down 17.3 percent from the year-ago period. Revenue declined 10.2 percent to Rs 613.2 crore
The notice also proposes a penalty of Rs 20.26 crore along with interest for alleged improper use of transitional input credit and other incorrect input tax credit claims associated with the GST, the company has said