📊 Stocks in News 📰🗞️
▶️ Mangalore Chemicals & Fertilizers: The company reported profit at Rs 24.32 crore in Q1FY22 against Rs 11.01 crore in Q1FY21, revenue jumped to Rs 687.19 crore from Rs 529.8 crore YoY.
▶️ Adani Enterprises: Adani Wilmar, a 50:50 joint venture company between the Adani group and the Wilmar group, filed its draft red herring prospectus with the Sebi to raise Rs 4,500 crore via IPO.
▶️ RBL Bank: The bank reported standalone loss of Rs 459.47 crore in Q1FY22 against profit of Rs 141.22 crore in Q1FY21, net interest income fell to Rs 969.50 crore from Rs 1,041.30 crore YoY.
▶️ Punjab National Bank: The bank reported higher standalone profit at Rs 1,023.46 crore in Q1FY22 against Rs 308.45 crore in Q1FY21, net interest income increased to Rs 7,226.58 crore from Rs 6,781.55 crore YoY.
▶️ Balaji Amines: The company reported consolidated profit at Rs 97.39 crore in Q1FY22 against Rs 31.58 crore in Q1FY21, revenue jumped to Rs 450.68 crore from Rs 222.91 crore YoY.
▶️ Tata Motors: The company will increase prices of its passenger vehicles, on an average of 0.8 percent, depending on the variant and model, with effect from August 3. #NIFTY50 #NIFTYREALTY