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    Stocks in the news: Hindalco, Infy, BPCL, Coal India, Nalco and Bata

    Synopsis

    Hindalco , Berger Paints, Motherson Sumi, Page, Muthoot Finance, Piramal Enterprises, Colgate-Palmolive , NMDC, Oberoi Reality, Cummins India and Zee Entertainment are among the companies which will announce their March quarter earnings today.

    Stocks in focus: Jubilant Food, Nalco, IndiGo and Bata and more
    Nifty futures on the Singapore Exchange traded 111 points, or 0.69 per cent higher at 16,133.50, signaling that Dalal Street was headed for a positive start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:

    Hindalco, Berger Paints, Motherson Sumi:
    Hindalco Industries, Berger Paints (India), Motherson Sumi Systems, Page Industries, Muthoot Finance, Piramal Enterprises, Colgate-Palmolive (India), NMDC, Oberor Reality, Cummins India, Union Bank of India and Zee Entertainment are among the companies which will announce their March quarter earnings today.

    Infosys: The IT major has collaborated with global cybersecurity company Palo Alto Networks to elevate the security maturity of large enterprises with mission-critical digital landscapes and to help prevent the threat of cyberattacks. The companies will enhance these security solutions for their worldwide customers like Mercedes-Benz.

    Bharat Petroleum Corporation: The oil marketing firm reported a 82 per cent decline in net profit in the quarter ended March 2022 as the firm held fuel prices despite rise in cost. Net profit of Rs 2,130.53 crore was reported in the January-March period as compared with Rs 11,940.13 crore.

    Apollo Hospitals Enterprises: The hospital chain said its consolidated profit after tax declined by 46 per cent to Rs 90 crore for the fourth quarter ended on March 31, 2022. The health care provider had reported a PAT of Rs 168 crore in the January-March quarter of 2020-21 fiscal.

    Coal India: The state-owned coal miner posted a 45.9 per cent rise in its consolidated net profit at Rs 6,692.94 crore for the quarter ended March, 2022 on the back of higher revenue from operations. The company's consolidated net profit was at Rs 4,586.78 crore in the year-ago period.

    Fortis Healthcare: The hospital chain reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net profit of Rs 62.36 crore in the same quarter of the previous fiscal.

    National Aluminium Company: The state run metal player reported a 9.5 per cent rise in consolidated profit at Rs 1,025.46 crore for the quarter ended March 2022 on the back of higher income. The company had reported consolidated profit of Rs 935.74 crore in the year-ago period.

    Bata India:
    The shoemaker reported over two-fold increase in its consolidated net profit at Rs 62.96 crore for the fourth quarter ended March 31, 2022 helped by robust sales. The company had posted a net profit of Rs 29.47 crore in the January-March quarter a year ago.

    Power Finance Corporation: The state-owned posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore in the March quarter mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 3,906.05 crore in the year-ago period.

    Whirlpool of India: The consumer durables maker reported a 35.04 per cent decline in consolidated net profit to Rs 84.48 crore for the fourth quarter ended in March due to soft industry demand and rising commodity costs. The company had posted a net profit of Rs 130.06 crore during the March quarter of the previous fiscal.

    Max Healthcare Institute: The medical and healthcare player said its profit after tax increased by 58 per cent to Rs 172 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 109 crore for the January-March quarter of 2020-21 fiscal.

    Deepak Fertilisers: The agrochemical firm reported a 144.30 per cent jump in consolidated profit after tax (PAT) at Rs 282.91 crore for the quarter ended March 2022. The company's PAT stood at Rs 115.80 crore during the corresponding quarter of 2020-21.

    Religare Enterprises:
    The Non-banking financial services company reported widening of consolidated loss to Rs 588 crore for the March quarter. The debt-ridden company had posted a net loss of Rs 67 crore in the same period last fiscal. The total income of the company on a consolidated basis increased to Rs 955.56 crore during the quarter.

    Torrent Pharma: The drug maker said its consolidated loss stood at Rs 118 crore for the fourth quarter ended March 2022 on account of impairment provision of Rs 425 crore related to discontinuation of liquids business in the US. The company had reported a net profit of Rs 324 crore in the January-March period of 2020-21 fiscal.

    Praj Industries: The engineering company reported a 10.7 per cent year-on-year (YoY) rise in the consolidated profit at Rs 57.6 crore for the quarter ended March 31, 2022. It has posted a profit of Rs 52 crore in the corresponding quarter of the previous financial year.

    MOIL: The state-owned miner posted a rise of 13 per cent in its net profit to Rs 131.07 crore during the March quarter, supported by reduced expenses. The company had clocked Rs 116.03 crore net profit during the January-March quarter of 2020-21.

    SJVN: The state-owned power firm reported an over 98 per cent decline in its consolidated net profit to Rs 7.49 crore in the March 2022 quarter, mainly due to lower revenues. The company had posted a consolidated net profit of Rs 619.92 crore in the quarter ended March 31, 2021.

    Sundaram Finance:
    The Non-banking finance company reported a 43 per cent jump in its net profit for the quarter ending March 31, 2022 at Rs 299 crore. The Chennai based company registered a net profit at Rs 209 crore during the corresponding quarter previous year.

    NHPC: The state-owned hydro power player posted an almost seven per cent rise in its consolidated net profit to Rs 515.90 crore in the March 2022 quarter. The company had reported a consolidated net profit of Rs 482.35 crore in the quarter ended March 2021.

    Kolte-Patil Developers: The realty firm reported a 28 per cent increase in consolidated net profit at Rs 26.68 crore for the quarter ended March. Its net profit stood at Rs 20.9 crore in the year-ago period.

    Suzlon Energy: The utility player reported a consolidated net loss of Rs 205.52 crore in the March quarter. The consolidated net loss of the company stood at Rs 54.25 crore in the quarter ended March 2021.

    Sundaram Finance Holdings:
    The holding company has clocked over 100 per cent jump on its consolidated net for the quarter ending March 31, 2022 at Rs 76.20 crore, the company said on Wednesday. It registered 107 per cent rise on its fourth quarter net profits to Rs 76.20 crore, from Rs 36.82 crore registered same period year ago.

    Balu Forge Industries: The industrial machinery player saw its standalone net profit jump to Rs 10.90 crore for the March quarter, boosted by higher income. The company had reported standalone net profit of Rs 4.78 crore in the year-ago period, the maker of finished and semi-finished forged crankshafts and forged components said.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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