Results on July 13
Mindtree, Tata Metaliks, Gujarat Hotels, International Travel House, Premier Polyfilm, Ramasigns Industries, and Jupiter Industries & Leasing will be in focus ahead of quarterly earnings on July 13.
Stocks in News
HCL Technologies: The IT services company clocked a 8.6% sequential decline in profit at Rs 3,283 crore on margin pressure in the quarter ended June 2022. Revenue in rupee terms grew by 3.8% QoQ to Rs 23,464 crore in Q1FY23, while the same in dollar terms increased 1.1 percent to $3,025 million and in constant currency terms, the topline growth was 2.7%. The company declared an interim dividend of Rs 10 per share for FY23.
Delta Corp: The casino gaming company has reported profit at Rs 57.13 crore for quarter ended June 2022, against loss of Rs 28.93 crore in same period last year following healthy topline. Revenue grew significantly to Rs 250.3 crore in Q1FY23, up from Rs 75.87 crore in corresponding quarter last fiscal due to low base as Q1FY22 was impacted by second Covid wave.
CARE Ratings: The rating agency in its BSE filing said the Board of Directors on July 20 will consider a proposal for buyback of equity shares of the company.
Anand Rathi Wealth: The company recorded a massive 33.6% year-on-year growth in profit at Rs 39.7 crore in quarter ended June 2022 on strong topline growth. Revenue during the quarter grew by 35.7% to Rs 133.5 crore YoY and assets under management increased by 15.4% to Rs 32,961 crore in the same period.
Sterling and Wilson Renewable Energy: The company posted loss at Rs 353.9 crore in quarter ended June 2022, which widened compared to loss of Rs 76 crore in same quarter last year on moderate growth in revenue and loss at operating level. Revenue increased by 1 percent to Rs 1,206.9 crore compared to year-ago period. EBITDA loss widened to Rs 343.9 crore from Rs 103.7 crore during the same period.
Max Ventures and Industries: The company received no objection letter from BSE and National Stock Exchange of India for the merger between the company and Max Estates.
Shilpa Medicare: The company has received a GMP (good manufacturing practice) Certificate from UK MHRA for its Bengaluru Unit VI. The facility was inspected by MHRA during April 18-20. The facility is involved in manufacturing and testing of specialized dosage forms e.g. Orodispersible Films and Transdermal systems.