Stocks in the news
Power Grid Corporation: Q1 profit at Rs 1,978.9 crore versus Rs 2,427.9 crore, revenue at Rs 8,988.7 crore versus Rs 8,804.1 crore YoY.
Bank of Baroda: Q1 loss at Rs 864.3 crore versus a profit of Rs 709.6 crore, net interest income (NII) at Rs 6,816.1 crore versus Rs 6,496 crore YoY.
Shree Cement: Q1 profit at Rs 370.8 crore versus Rs 363 crore, revenue at Rs 2,325.8 crore versus Rs 3,036.41 crore YoY.
InterGlobe Aviation: Board approves raising funds up to Rs 4,000 crore via issue of equity shares by way of a qualified institutional placement (QIP).
ICICI Bank has set the floor price at Rs 351.36 per equity share for its QIP which opened on August 10.
Triveni Engineering will buy back up to 61.9 lakh shares at Rs 105 per share via the tender offer route.
Titan Company: Q1 loss at Rs 270 crore versus a profit of Rs 371 crore, revenue at Rs 1,862 crore versus Rs 4,939 crore YoY.
Sonata Software: Q1 profit at Rs 49.9 crore versus Rs 61.8 crore, revenue at Rs 952.4 crore versus Rs 928.7 crore QoQ.
KEC International: Q1 profit at Rs 70.8 crore versus Rs 88.6 crore, revenue at Rs 2,206.8 crore versus Rs 2,412.4 crore YoY.
Parag Milk: Stichting Depositary APG sold a 2.2 percent stake in the company on August 6.