AgenciesNifty futures on the Singapore Exchange traded 118 points, or 0.72 per cent higher at 16,455, signaling that Dalal Street was headed for a positive start on Monday. Here are a dozen stocks which may buzz the most in today's trade:
LIC, Sun Pharma, IRCTC: Life Insurance Corporation of India, Sun Pharmaceuticals Industries, Indian Railway Catering & Tourism Corporation, Jindal Steel & Power, Delhivery, Jubilant Foodworks, Aurobindo Pharma, Trident, Dixon Technologies, Rajesh Exports and Brightcom Group are among the companies which will announce their March quarter earnings today.
Ethos: The luxury and premium watch retailer in the country will make its debut on Dalal Street on Monday. The company's Rs 472.29 crore IPO was open for subscription between May 18-20 as the company sold its shares in the range of Rs 836-878 apiece. It issue was overall subscribed 1.04 times only.
Mahindra & Mahindra: The homegrown auto major reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022. The company had posted a profit of Rs 245 crore for the year-ago period.
ONGC: On the back of the best-ever price it earned on crude oil it produces, state-owned bluechip firm reported a record net profit of Rs 40,305 crore in the fiscal year ended March 31. In a statement, ONGC said net profit for the fiscal FY22 soared 258 per cent to Rs 40,305.74 crore from Rs 11,246.44 crore in the previous financial year.
ITC: The diversified consumer products major said it has acquired a 10.07 per cent stake in Blupin Technologies, the company behind direct-to-consumer (D2C) brand, Mylo. The FMCG major in April had announced the acquisition of a 10.07 per cent stake in Blupin Technologies, for up to Rs 39.34 crore.
JSW Steel: The metal major reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses. The company had clocked Rs 4,191 crore net profit in January-March 2020-21,
DLF: The rental arm of the real estate player DCCDL has achieved a 10 per cent growth in its rent income at Rs 3,350 crore during last fiscal year, mainly on the back of recovery of business at its shopping malls. DLF holds bulk of its rent-yielding commercial properties in DLF Cyber City Developers (DCCDL).
Hindustan Copper: The state-run copper miner posted a consolidated net profit of Rs 89 crore for the fourth quarter of the 2021-22 financial year as against a loss of Rs 37 crore in the year-ago period. The revenue from operations during the quarter under review was Rs 545 crore, up from Rs 522 crore in the corresponding period of the previous year.
FSN E-Commerce: The parent company and owner of the Nykaa brand reported a decline of about 57 per cent in its consolidated profit to Rs 7.57 crore for the fourth quarter ended March 2022, mainly account of new investments. The company had registered a profit of Rs 17.9 crore in the same period a year ago.
United Spirits: The Diageo-controlled liquor maker reported a 12.14 per cent decline in consolidated net profit at Rs 178.6 crore for the fourth quarter ended March as margins were impacted by rising inflation. The company had posted a net profit of Rs 203.3 crore in the year-ago period.
Sun TV Network: The television broadcaster reported a 15.92 per cent decline in consolidated profit after tax at Rs 410.17 crore in the fourth quarter ended March 2022. The company had posted a consolidated profit after tax of Rs 487.86 crore in the same quarter previous fiscal.
Glenmark Pharmaceuticals: The drug maker said its consolidated profit after tax declined 26 per cent to Rs 173 crore for the fourth quarter ended March 31, 2022. The company had reported a profit after tax (PAT) of Rs 234 crore in the January-March period of 2020-21 fiscal.
Welspun Corp: The iron and steel products maker said its consolidated net profit fell by 30 per cent to Rs 263.56 crore in the quarter ended March on account of higher expenses. The company had posted a net profit of Rs 372.63 crore in the same period of FY21.
Oil India: The state-owned oil exploration and production firm reported its highest-ever quarterly net profit in the three months to March as it got nearly USD 100 per barrel price for oil produced and sold. Net profit at Rs 1,630.01 crore in January-March was almost double of Rs 847.56 crore profit in the same period of last year.
Crompton Greaves Consumer Electricals: The household appliances maker: reported a 29.11 per cent decline in its consolidated net profit at Rs 176.55 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 249.08 crore in the January-March period a year ago.
VA Tech WABAG: The Chennai-based water treatment player reported standalone profit for the quarter ending March 31, 2022 at Rs 32.14 crore. It had reported standalone profit at Rs 32.82 crore registered corresponding quarter previous year.
Shipping Corporation of India: The state owned shipping firm reported a 77.42 per cent jump in its consolidated profit to Rs 152.16 crore for the fourth quarter ended March 2022. The state-owned company had clocked a consolidated profit of Rs 85.76 crore for the corresponding quarter in 2020-21.
PTC India Financial Services: The state run NBFC reported a 67 per cent decline in its consolidated net profit to Rs 6.93 crore in the third quarter ended December 2021. The company's net profit stood at Rs 20.85 crore in the October-December period of the previous fiscal.
City Union Bank: The private sector lender reported a 88 per cent jump in its net profit at Rs 208.96 crore for the quarter ended March 2022 on the back of fall in provisions for bad loans and contingencies. The bank had posted a net profit of Rs 111.19 crore in the corresponding quarter a year ago.
Indiabulls Real Estate: The smallcap realty player reported a consolidated net loss of Rs 59.80 crore for the quarter ended March, 2022. The company had posted a net profit of Rs 94.41 crore in the year-ago period.
RHI Magnesita India: The refractories firm said its consolidated net profit more than doubled to Rs 100 crore for the March, 2022 quarter, boosted by higher income. The company had clocked Rs 42.54 crore net profit during the same quarter of FY21.
Puravankara: The realty firm reported a consolidated net loss of Rs 20.06 crore for the quarter ended March on lower income. The company had posted a net profit of Rs 9.06 crore in the year-ago period.
Ircon International: The railway firm posted a 41.8 per cent rise in consolidated net profit at Rs 241.81 crore for the quarter ended March 2022. The company had posted consolidated net profit of Rs 170.43 crore in the year-ago period.
Indian Bank: The state run lender has reported three non-performing accounts, including IL&FS Tamil Nadu Power, as fraud to the RBI and the public sector lender has a combined exposure of over Rs 362 crore to these companies. Three non-performing accounts have been reported to the Reserve Bank of India (RBI) as per regulatory requirement.
Quess Corp: The business services provider reported a profit of Rs 77 crore for March quarter 2021-22. The company had incurred a loss of Rs 58 crore in the year-ago period.
Arvind Fashions: The textile player reported a consolidated net profit of Rs 22.38 crore for the fourth quarter ended March 2022. The company had posted a consolidated net loss after tax of Rs 99.45 crore in the same quarter previous fiscal.
Uflex: The packaging materials and solution company reported a 32.32 per cent growth in its consolidated net profit to Rs 350.59 crore for the fourth quarter ended on March 31, 2022. The company had posted a net profit of Rs 264.95 crore during the January-March quarter a year ago.
IFB Industries: The household appliance firm reported a consolidated net loss of Rs 28.29 crore for fourth quarter ended March 31, 2022. The company had posted a net profit of Rs 7.71 crore for January-March period a year ago.
Hitachi Energy India: The swiss based clear energy player posted an over 31 per cent rise in net profit to Rs 51.68 crore for the March quarter, mainly on the back of higher revenues. The company had posted a net profit of Rs 39.44 crore in the quarter ended March 31, 2021.
Godfrey Phillips India: The cigarette maker reported a 9.07 per cent increase in its consolidated net profit to Rs 103.88 crore for the January-March quarter of 2021-22. The company had posted a net profit of Rs 95.24 crore during the January-March quarter of the previous fiscal.
Hinduja Global Solutions: The business process management firm's consolidated profit after tax jumped multi-fold to Rs 5,686 crore for the quarter ended March, mainly on account of a one-time gain from divestment of its healthcare services business. The company had registered a profit after tax (PAT) of Rs 130.32 crore in the same period a year ago.
Southern Petrochemical Industries Corporation: The Chennai-based agri-nutrient and fertiliser company reported a Rs 7.67 crore profit after tax (PAT) for the quarter ending March 31, 2022. It registered Rs 42.49 crore as PAT during the corresponding quarter last year.
Transport Corporation of India: The integrated supply chain and logistics solutions provider reported a 38 per cent year-on-year growth in standalone profit after tax (PAT) to Rs 73.10 crore for the March quarter. The company had posted a profit of Rs 52.86 crore in the fourth quarter of the fiscal year ended on March 31, 2021.
TCI Express: The logistics company posted over 14 per cent fall in its net profit at Rs 35.93 crore during the March 2022 quarter. The company had clocked a net profit of Rs 42.57 crore in the same period of FY21.
Shriram Properties: The recently listed realty estate firm reported a consolidated net profit of Rs 64.4 crore for the quarter ended March. Its net loss stood at Rs 3.15 crore in the year-ago period.
Garware Hi-Tech Films: The leading specialty polyester films exporter's profit after tax soared by around 42 per cent to Rs 45.12 crore in January-March 2021-22. The company had posted a PAT of Rs 31.80 crore in the last quarter of FY2020-21.
Venus Remedies: The pharma company said it has registered a 9.22 per cent increase in annual sales in 2021-22 in comparison to sales in 2020-21. The Panchkula-based company also reported a 16.81 per cent increase in operating profit, which went up from Rs 53.78 crore last fiscal to Rs 62.82 crore in 2021-22.
Meghmani Finechem: The specialty chemical firm said it has inked pacts with Renew Green Energy Solutions for setting up a wind-solar hybrid power project in Gujarat. The collaboration marks the entry of MFL into the renewable energy space and highlights its unwavering commitment towards promoting green energy and reducing carbon footprint.
Unichem Laboratories: The pharma player said its consolidated net profit stood at Rs 71 crore for the fourth quarter ended March 31, 2022. The drug firm had reported a net loss of Rs 41 lakh in the January-March quarter of 2020-21 fiscal.
Inox Wind: The wind energy company has reported widening of its consolidated net loss to Rs 255.76 crore for the March quarter, mainly due to lower revenues. The consolidated net loss of the company stood at Rs 105.87 crore in the quarter ended March 31, 2021.
Future Consumer: The food-led FMCG company of debt-ridden Future Group reported widening of its net loss to Rs 346.23 crore for the fourth quarter ended March 31, 2022. The company posted a net loss of Rs 155.12 crore in the January-March quarter a year ago.
LIC, Sun Pharma, IRCTC: Life Insurance Corporation of India, Sun Pharmaceuticals Industries, Indian Railway Catering & Tourism Corporation, Jindal Steel & Power, Delhivery, Jubilant Foodworks, Aurobindo Pharma, Trident, Dixon Technologies, Rajesh Exports and Brightcom Group are among the companies which will announce their March quarter earnings today.
Ethos: The luxury and premium watch retailer in the country will make its debut on Dalal Street on Monday. The company's Rs 472.29 crore IPO was open for subscription between May 18-20 as the company sold its shares in the range of Rs 836-878 apiece. It issue was overall subscribed 1.04 times only.
Mahindra & Mahindra: The homegrown auto major reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022. The company had posted a profit of Rs 245 crore for the year-ago period.
ONGC: On the back of the best-ever price it earned on crude oil it produces, state-owned bluechip firm reported a record net profit of Rs 40,305 crore in the fiscal year ended March 31. In a statement, ONGC said net profit for the fiscal FY22 soared 258 per cent to Rs 40,305.74 crore from Rs 11,246.44 crore in the previous financial year.
ITC: The diversified consumer products major said it has acquired a 10.07 per cent stake in Blupin Technologies, the company behind direct-to-consumer (D2C) brand, Mylo. The FMCG major in April had announced the acquisition of a 10.07 per cent stake in Blupin Technologies, for up to Rs 39.34 crore.
JSW Steel: The metal major reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses. The company had clocked Rs 4,191 crore net profit in January-March 2020-21,
DLF: The rental arm of the real estate player DCCDL has achieved a 10 per cent growth in its rent income at Rs 3,350 crore during last fiscal year, mainly on the back of recovery of business at its shopping malls. DLF holds bulk of its rent-yielding commercial properties in DLF Cyber City Developers (DCCDL).
Hindustan Copper: The state-run copper miner posted a consolidated net profit of Rs 89 crore for the fourth quarter of the 2021-22 financial year as against a loss of Rs 37 crore in the year-ago period. The revenue from operations during the quarter under review was Rs 545 crore, up from Rs 522 crore in the corresponding period of the previous year.
FSN E-Commerce: The parent company and owner of the Nykaa brand reported a decline of about 57 per cent in its consolidated profit to Rs 7.57 crore for the fourth quarter ended March 2022, mainly account of new investments. The company had registered a profit of Rs 17.9 crore in the same period a year ago.
United Spirits: The Diageo-controlled liquor maker reported a 12.14 per cent decline in consolidated net profit at Rs 178.6 crore for the fourth quarter ended March as margins were impacted by rising inflation. The company had posted a net profit of Rs 203.3 crore in the year-ago period.
Sun TV Network: The television broadcaster reported a 15.92 per cent decline in consolidated profit after tax at Rs 410.17 crore in the fourth quarter ended March 2022. The company had posted a consolidated profit after tax of Rs 487.86 crore in the same quarter previous fiscal.
Glenmark Pharmaceuticals: The drug maker said its consolidated profit after tax declined 26 per cent to Rs 173 crore for the fourth quarter ended March 31, 2022. The company had reported a profit after tax (PAT) of Rs 234 crore in the January-March period of 2020-21 fiscal.
Welspun Corp: The iron and steel products maker said its consolidated net profit fell by 30 per cent to Rs 263.56 crore in the quarter ended March on account of higher expenses. The company had posted a net profit of Rs 372.63 crore in the same period of FY21.
Oil India: The state-owned oil exploration and production firm reported its highest-ever quarterly net profit in the three months to March as it got nearly USD 100 per barrel price for oil produced and sold. Net profit at Rs 1,630.01 crore in January-March was almost double of Rs 847.56 crore profit in the same period of last year.
Crompton Greaves Consumer Electricals: The household appliances maker: reported a 29.11 per cent decline in its consolidated net profit at Rs 176.55 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 249.08 crore in the January-March period a year ago.
VA Tech WABAG: The Chennai-based water treatment player reported standalone profit for the quarter ending March 31, 2022 at Rs 32.14 crore. It had reported standalone profit at Rs 32.82 crore registered corresponding quarter previous year.
Shipping Corporation of India: The state owned shipping firm reported a 77.42 per cent jump in its consolidated profit to Rs 152.16 crore for the fourth quarter ended March 2022. The state-owned company had clocked a consolidated profit of Rs 85.76 crore for the corresponding quarter in 2020-21.
PTC India Financial Services: The state run NBFC reported a 67 per cent decline in its consolidated net profit to Rs 6.93 crore in the third quarter ended December 2021. The company's net profit stood at Rs 20.85 crore in the October-December period of the previous fiscal.
City Union Bank: The private sector lender reported a 88 per cent jump in its net profit at Rs 208.96 crore for the quarter ended March 2022 on the back of fall in provisions for bad loans and contingencies. The bank had posted a net profit of Rs 111.19 crore in the corresponding quarter a year ago.
Indiabulls Real Estate: The smallcap realty player reported a consolidated net loss of Rs 59.80 crore for the quarter ended March, 2022. The company had posted a net profit of Rs 94.41 crore in the year-ago period.
RHI Magnesita India: The refractories firm said its consolidated net profit more than doubled to Rs 100 crore for the March, 2022 quarter, boosted by higher income. The company had clocked Rs 42.54 crore net profit during the same quarter of FY21.
Puravankara: The realty firm reported a consolidated net loss of Rs 20.06 crore for the quarter ended March on lower income. The company had posted a net profit of Rs 9.06 crore in the year-ago period.
Ircon International: The railway firm posted a 41.8 per cent rise in consolidated net profit at Rs 241.81 crore for the quarter ended March 2022. The company had posted consolidated net profit of Rs 170.43 crore in the year-ago period.
Indian Bank: The state run lender has reported three non-performing accounts, including IL&FS Tamil Nadu Power, as fraud to the RBI and the public sector lender has a combined exposure of over Rs 362 crore to these companies. Three non-performing accounts have been reported to the Reserve Bank of India (RBI) as per regulatory requirement.
Quess Corp: The business services provider reported a profit of Rs 77 crore for March quarter 2021-22. The company had incurred a loss of Rs 58 crore in the year-ago period.
Arvind Fashions: The textile player reported a consolidated net profit of Rs 22.38 crore for the fourth quarter ended March 2022. The company had posted a consolidated net loss after tax of Rs 99.45 crore in the same quarter previous fiscal.
Uflex: The packaging materials and solution company reported a 32.32 per cent growth in its consolidated net profit to Rs 350.59 crore for the fourth quarter ended on March 31, 2022. The company had posted a net profit of Rs 264.95 crore during the January-March quarter a year ago.
IFB Industries: The household appliance firm reported a consolidated net loss of Rs 28.29 crore for fourth quarter ended March 31, 2022. The company had posted a net profit of Rs 7.71 crore for January-March period a year ago.
Hitachi Energy India: The swiss based clear energy player posted an over 31 per cent rise in net profit to Rs 51.68 crore for the March quarter, mainly on the back of higher revenues. The company had posted a net profit of Rs 39.44 crore in the quarter ended March 31, 2021.
Godfrey Phillips India: The cigarette maker reported a 9.07 per cent increase in its consolidated net profit to Rs 103.88 crore for the January-March quarter of 2021-22. The company had posted a net profit of Rs 95.24 crore during the January-March quarter of the previous fiscal.
Hinduja Global Solutions: The business process management firm's consolidated profit after tax jumped multi-fold to Rs 5,686 crore for the quarter ended March, mainly on account of a one-time gain from divestment of its healthcare services business. The company had registered a profit after tax (PAT) of Rs 130.32 crore in the same period a year ago.
Southern Petrochemical Industries Corporation: The Chennai-based agri-nutrient and fertiliser company reported a Rs 7.67 crore profit after tax (PAT) for the quarter ending March 31, 2022. It registered Rs 42.49 crore as PAT during the corresponding quarter last year.
Transport Corporation of India: The integrated supply chain and logistics solutions provider reported a 38 per cent year-on-year growth in standalone profit after tax (PAT) to Rs 73.10 crore for the March quarter. The company had posted a profit of Rs 52.86 crore in the fourth quarter of the fiscal year ended on March 31, 2021.
TCI Express: The logistics company posted over 14 per cent fall in its net profit at Rs 35.93 crore during the March 2022 quarter. The company had clocked a net profit of Rs 42.57 crore in the same period of FY21.
Shriram Properties: The recently listed realty estate firm reported a consolidated net profit of Rs 64.4 crore for the quarter ended March. Its net loss stood at Rs 3.15 crore in the year-ago period.
Garware Hi-Tech Films: The leading specialty polyester films exporter's profit after tax soared by around 42 per cent to Rs 45.12 crore in January-March 2021-22. The company had posted a PAT of Rs 31.80 crore in the last quarter of FY2020-21.
Venus Remedies: The pharma company said it has registered a 9.22 per cent increase in annual sales in 2021-22 in comparison to sales in 2020-21. The Panchkula-based company also reported a 16.81 per cent increase in operating profit, which went up from Rs 53.78 crore last fiscal to Rs 62.82 crore in 2021-22.
Meghmani Finechem: The specialty chemical firm said it has inked pacts with Renew Green Energy Solutions for setting up a wind-solar hybrid power project in Gujarat. The collaboration marks the entry of MFL into the renewable energy space and highlights its unwavering commitment towards promoting green energy and reducing carbon footprint.
Unichem Laboratories: The pharma player said its consolidated net profit stood at Rs 71 crore for the fourth quarter ended March 31, 2022. The drug firm had reported a net loss of Rs 41 lakh in the January-March quarter of 2020-21 fiscal.
Inox Wind: The wind energy company has reported widening of its consolidated net loss to Rs 255.76 crore for the March quarter, mainly due to lower revenues. The consolidated net loss of the company stood at Rs 105.87 crore in the quarter ended March 31, 2021.
Future Consumer: The food-led FMCG company of debt-ridden Future Group reported widening of its net loss to Rs 346.23 crore for the fourth quarter ended March 31, 2022. The company posted a net loss of Rs 155.12 crore in the January-March quarter a year ago.
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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 .)
...moreDownload 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
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