Stocks in the news
Axis Bank: The bank reported a sharply lower profit at Rs 1,116.6 crore for Q3FY21 against Rs 1,757 crore logged in the corresponding quarter of the previous fiscal, while net interest income (NII) rose to Rs 7,372.7 crore from Rs 6,453 crore YoY.
Hindustan Unilever: The company reported a profit of Rs 1,921 crore for December quarter (Q3FY21) against Rs 1,616 crore in Q3FY20. Revenue of the company jumped to Rs 11,862 crore from Rs 9,808 crore in the year-ago period.
NTPC: The company's 140 MW solar photovoltaic project in Uttar Pradesh started commercial operations.
State Bank of India: Swaminathan Janakiraman & Aswini Kumar Tewari have been appointed as Managing Directors of the bank for three years.
Tata Coffee: The company reported a higher consolidated profit of Rs 31.5 crore in Q3FY21 against Rs 24.9 crore in Q3FY20; revenue increased to Rs 532.7 crore from Rs 501.4 crore in Q3FY20.
JK Paper: The company reported a consolidated profit of Rs 65.9 crore in Q3FY21 against Rs 131.9 crore in Q3FY20, while revenue declined to Rs 744.9 crore from Rs 820.6 crore YoY.