Stocks in News: Bajaj Auto, Bajaj Finance, Maruti, HDFC Life, SBI Life, Tata Consumer

The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,824, down 33.5 points or 0.19% from the previous close.

Here's a slew of stocks that will be in focus today for various reasons

Tata Consumer Products
Tata Consumer Products has posted a net profit of Rs 268 crore for the quarter ended March. This is higher by 23%, compared with Rs 217 crore loss clocked in the corresponding quarter of last year.

Bajaj Auto
Bajaj Auto's standalone net profit fell 2% to Rs 1,433 crore for the fourth quarter ended March. It was Rs 1,469 crore in the same period last year.

Dalmia Bharat
Dalmia Bharat on Tuesday said its fourth-quarter profit more than doubled, aided by easing fuel prices and a pick-up in demand. Consolidated net profit rose to Rs 589 crore in the quarter ended March 31 from Rs 266 crore a year earlier.

Read more: What changed the market while you were sleeping

Nippon Life
The company has reported a net profit of Rs 198 crore for the fourth quarter as against Rs 175 crore in the same period last year. Revenue for the quarter rose 3% to Rs 348 crore.

VST Industries
The company's net profit came in at Rs 69 crore for the quarter ended March, while revenue from operations stood at Rs 389 crore during the same period.

Cipla
Cipla said its US arm Madison Pharmaceuticals will be dissolved with effect from 28 April 2023.

Mahindra Lifespace
Mahindra Lifespaces net profit came in at Rs 0.54 as for the fourth quarter, compared with Rs 138 crore in the corresponding quarter of last year. The revenue for the quarter stood at Rs 255 crore.

Rallis India
Rallis India's net loss widened to Rs 69 crore during the January-March period as against Rs 14 crore in the year-ago period. Revenue came in at Rs 522 crore.

Mahindra CIE Automotive
Mahindra CIE Automotive has reported a net profit of Rs 279 crore for the fourth quarter. The revenue stood at Rs 2,440 crore.

AU Small Finance Bank
AU Small Finance Bank's net profit rose 23% to Rs 425 crore for the quarter ended March. The NII stood at Rs 1,213 crore.

UCO Bank
UCO Bank to consider raising of equity capital during the financial year 2023-24 through various modes such as Follow on Public Offer (FPO), Qualified Institutions Placement (QIP), Preferential issue etc.

Bajaj Finance, Maruti Suzuki, HDFC Life, SBI Life, L&T Tech
Shares of Bajaj Finance, Maruti Suzuki, HDFC Life, SBI Life, and L&T Tech will be in focus today as the companies will announce their fourth quarter results.