Stocks in news: LIC, Nykaa, NMDC, Syrma SGS Tech, Dish TV

The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 18,377.50, down 81.5 points or 0.44% from the previous close.

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

Ashok Leyland
Commercial vehicles maker Ashok Leyland Ltd reported a nearly 17% year-on-year (YoY) drop in net profit for the quarter ended March to Rs 751.41 crore, despite a rise in revenue.

NMDC
Mining major NMDC Ltd has posted 22% growth in its consolidated net profit at Rs 2,277 crore for the three months ended March. Revenue from operations fell 14% to Rs 5851 crore for the reporting fourth quarter.

Syrma SGS Tech
Two foreign investors and one domestic fund bought a stake in Syrma SGS Technologies through open market transactions on Tuesday.

Varun Beverages
Varun Beverages has incorporated a wholly-owned subsidiary Varun Beverages South Africa (PTY) Ltd in Johannesburg to explore the business of manufacturing and distribution of beverages.

Read more: What changed the market while you were sleeping

Metro Brands
Metro Brands has posted net profit of Rs 68.5 crore for the quarter ended March. Revenue from operations during the quarter came in at Rs 544 crore.

Bikaji Food
Bikaji Food's net profit rises 51% to Rs 37.7 crore in the March quarter. Revenue for the quarter rose 16% to Rs 462 crore.

Dixon Technologies
Dixon Technologies posted net profit of Rs 81 crore for the fourth quarter. Revenue during the quarter was at Rs 2,065 crore.

JSW Energy
JSW Energy posted a net profit of Rs 272 crore for the January-March period. Revenue from operations during the quarter stood at Rs 2,670 crore.

Dish TV
Dish TV Board has proposed the appointment of Manoj Dobhal, the current Chief Operating Officer (COO) of the company, as the CEO-designate after Anil Kumar Dua resigned

Amara Raja Batteries
Amara Raja Batteries posted 41% growth in net profit at Rs 139 crore for the quarter ended March. Revenue for the quarter came in at Rs 2,429 crore.

Tata Chemicals
Tata Chemicals has re-appointed Mukundan as the managing director and CEO of the company for a further period of five years. The appointment is effective November 26, 2023.

Century Textiles
The Board of Century Textiles has approved raising of funds upto Rs 400 crore in one or more tranches by issue of non-convertible debentures on private placement basis.

CMS Info Systems
CMS Info Systems posted a net profit of Rs 80 crore in the March quarter. Revenue from operations stood at Rs 501 crore in the said period.

LIC, Hindalco Industries, Nykaa, Cummins India
Shares of LIC, Hindalco Industries, Nykaa, Cummins India will be in focus today as the companies will announce their fourth quarter results today.