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🇮🇳 *India Daybook*

🔹 *Stocks in News*

*Britannia* Profit at Rs 374.7 crore versus poll of Rs 297.2 crore, Revenues at Rs 2867 crore versus poll of Rs 2799.0 crore. (Positive)

*Granules* Profit at Rs 92.3 crore versus Rs 64.0 crore, Revenues at Rs 600 crore versus poll of Rs 613.0 crore (Positive)

*Dhampur* Profit at Rs 104.0 crore versus Rs 108.0 crore, Revenues at Rs 1087.0 crore versus poll of Rs 867.0 crore (Positive)

*Cipla and Jubilant Life* DGCI gives emergency use authorization to Gilead's anti-viral Remdesivir in treatment of hospitalized Covid_19 patients (Positive)

*Transport Corp* approves raising up to Rs 200 cr via debt (Positive)

India rolls out the red carpet for *electronics makers* to 'Make In India' (Positive)

*Syngene* ties up with HiMedia Laboratories to manufacture ELISA test kits for COVID-19 (Positive)

*Shriram City*'s board to mull raising funds via NCDs on June 11 (Positive)

*Spandana Sphoorty*'s board gives nod to raise up to Rs 2,000 cr via NCDs (Positive)

*Just dial* BNP Paribas buys 357000 shares (Positive)

*Lupin*: Company received approval for Meloxicam capsules, which is used to reduce osteoarthritis pain. (Positive)

*Colgate*-Palmolive has resumed operations at all of its manufacturing plants. (Positive)

*Quess Corp* has completed the additional acquisition of 25 percent equity shares in Terrier Security Services. (Positive)

*Adani Power* board meeting to consider delisting offer scheduled today (Positive)

*Indigo* consolidated net loss of Rs 871 cr in Q4 Vs profit of Rs 596 cr YoY; revenue is up 5.3% at Rs 8,299 cr Vs Rs 7,883 cr on a yearly basis (Neutral)

*TCI* Profit at Rs 31.0 crore versus Rs 43.0 crore, Revenues at Rs 625 crore versus poll of Rs 691.0 crore. (Neutral)

*Reliance Ind*’s rights issue of Rs 53,124 cr subscribed 1.3x till June 2. (Neutral)

*ICICI Bank* reduces interest rates on Savings Bank account. (Neutral)

*TBZ* CRISIL has revised ratings outlook to “Negative” and reaffirmed its rating on the bank facilities. (Negative)

*HUL* sees impact on profitability in short-term (Agencies) (Negative)

*Dr Lal* says adverse impact of lockdowns/restrictions on revenue may continue till Q2 (Negative)

*Jubilant Foodworks* said that the shutting of the dine-in format across all the stores will have a material impact on the performance of Q1FY21. (Negative)

*Havells* said that the lockdown has caused significant loss of production and sales in March and April. (Negative)

*SPARC* Sales down 73.2% to 22.7 v/s 84.8 cr Loss 99.5 v/s Loss of 9.35 cr (Negative)