Stocks in news: Tata Motors, Dr Reddy’s, Adani Enterprises, Bajaj Fin, Vedanta, CEAT, Tata Elxsi
Dr Reddy's Laboratories beat Street estimates by reporting a 77% on-year rise in December quarter net profit to Rs 1,247 crore. Revenue jumped 27% YoY higher to Rs 6,770 crore. During the quarter, the company's gross margin increased to 59.2% up from 53.8% in the year-ago period.