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    Stocks in the news: Berger Paints, SPARC, BPCL, HDFC, Burger King and Ajmera Realty

    Synopsis

    Karur Vysya Bank, Sharda Cropchem, LT foods, Karnataka Bank, Arvind are among companies that will announce their March quarter results today.

    A man walks past the Bombay Stock Exchange (BSE) building in MumbaiAgencies
    Dilip Shanghvi has resigned as managing director of SPARC.
    Nifty futures on Singapore Exchange traded 46 points, or 0.30 per cent, lower at 15,203.5 signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

    BPCL, Berger Paints, Pfizer: Bharat Petroleum, Berger Paints (India), Pfizer, Cummins India, Manappuram Finance, KIOCL, V-Guard Industries, FDC, Burger King India, Hindustan Foods, Karur Vysya Bank, Sharda Cropchem, LT foods, JTEKT India, Karnataka Bank, Arvind are among companies that will announce their March quarter results today.

    Sun Pharma Advanced Research Company: The pharmaceuticals said Dilip Shanghvi has resigned as managing director of the company. Shanghvi expressed his desire to step down and tendered his resignation as the MD with immediate effect, which was accepted by the board.

    PG Electroplast: The electronic manufacturing and plastic moulding service provider plans to raise Rs 76.6 crore to fund its capacity expansion at its Pune air conditioning plant. The board of the company has passed the resolution to raise Rs 76.6 crore, through which it also plans to establish a new plant in Greater Noida.

    Bayer CropScience: The agrochemical producer reported doubling of its profit to Rs 61.9 crore for the March 2021 quarter. The company's profit had stood at Rs 31.5 crore during the corresponding quarter of 2019-20.

    Computer Age Management Services: The registrar and transfer agent for mutual funds, CAMS, reported a 39.6 per cent increase in profit after tax to Rs 60.13 crore for the fourth quarter ended March 2021. In comparison, it had a profit after tax (PAT) of Rs 43.07 crore in the same quarter preceding fiscal.

    Ajmera Realty and Infra India: The real estate firm reported a three-fold jump in its consolidated net profit at Rs 12.48 crore for the quarter ended March despite lower income. Its profit stood at Rs 4.08 crore in the year-ago period.

    Thermax: The energy solutions firm said its consolidated net profit jumped nearly three-fold to Rs 107.35 crore for the March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 39.03 crore in the quarter ended March 31, 2020.

    HDFC: The lender said it will raise up to Rs 7,000 crore by issuing bonds on private placement basis. The base issue size for the secured redeemable non-convertible debentures (NCDs) is Rs 5,000 crore with an option to retain oversubscription of up to Rs 2,000 crore.

    AstraZeneca Pharma India: The drug firm reported a nearly three-fold jump in its net profit to Rs 27.27 crore for the quarter ended March 31, 2021. The company had posted a net profit of Rs 9.57 crore for the corresponding period of the previous fiscal.

    Godawari Power & Ispat: The metal producer posted a multifold jump in consolidated net profit at Rs 304.01 crore for March quarter 2020-21, mainly on the back of higher revenues. The company's net profit in the year-ago period was Rs 34.22 crore.

    Newgen Software Technologies: The IT consulting firm said it has clocked a 27.2 per cent rise in consolidated net profit at Rs 52.7 crore for the March 2021 quarter. The company had registered a net profit of Rs 41.5 crore in the year-ago period.

    Alkem Laboratories: The drug maker reported 30.11 per cent rise in consolidated net profit at Rs 249.22 crore for the quarter ended March 31, 2021. The company had posted a net profit of Rs 191.54 crore for the corresponding period of the previous fiscal year.

    Emami: The FMCG firm reported a three-fold jump in its consolidated net profit to Rs 87.73 crore for the quarter ended March 31. The company had posted a net profit of Rs 22.75 crore during the March quarter of the previous financial year.

    Bajaj Electricals: The electronic appliance manufacturer reported a consolidated net profit of Rs 54.26 crore for the quarter ended March 31, 2021. It had registered a net loss of Rs 81 lakh in the January-March period of the previous financial year.

    Motherson Sumi: The Competition Commission of India (CCI) gave approval to a proposal pertaining to intra-group reorganisation of the Motherson Group under the green channel route.

    DHFL: The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the NCLT Mumbai bench's order, directing the lenders of debt-ridden mortgage firm DHFL to consider the settlement offer by its erstwhile promoter Kapil Wadhawan.





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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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