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    Stocks in the news: Voda Idea, IndiGo, AU Bank, Airtel and Adani stocks

    Synopsis

    Adani Total Gas, Adani Enterprises, Dabur, Britannia, Berger Paints, GAIL, Balkrishna Industries, Abbott, ConCor, Dalmia Bharat, LIC Housing and BHEL are among the companies that will announce their earnings for the quarter ended June 2022.

    People walk past the Bombay Stock Exchange (BSE) building in MumbaiReuters
    Stocks in buzz: Coromandel International, Inox Leisure, BSE, Paradeep Phosphates, Indian Hotels, AB Capital, Gulf Oil and more
    Nifty futures on the Singapore Exchange traded 71.5 points, or 0.44 per cent higher at 17,511, 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:

    Adani Total Gas, Dabur, Britannia: Adani Total Gas, Adani Enterprises, Dabur India, Britannia Industries, Berger Paints, GAIL (India), Balkrishna Industries, Abbott India, Container Corporation of India, Dalmia Bharat, REC, Bayer Cropscience, LIC Housing and BHEL are among the companies that will announce their earnings for the quarter ended June 2022.

    Bharti Airtel: Within days of bidding for spectrum in auctions, the telecom operator announced it has signed 5G network agreements with gear makers Ericsson, Nokia and Samsung to commence deployment this month.

    Vodafone Idea:
    The telecom operator has posted a loss of Rs 7,296.7 crore for the quarter ended June 2022, against a loss of Rs 6,563.1 crore in the previous quarter following an increase in interest and financing costs and EBIT loss. Revenue from operations grew by 1.6 per cent to Rs 10,410.10 crore for the June 2022 quarter.

    Adani Transmission: The Adani Group firm reported a consolidated net profit after tax (PAT) of Rs 168.46 crore for the quarter ended June 30. The consolidated PAT of the company in the year-ago period stood at Rs 433.24 crore.

    InterGlobe Aviation: The aviation company posted a net loss of Rs 1,064.3 crore for the June FY23 quarter, which narrowed from a loss of Rs 3,174.2 crore in Q1FY22. Revenue grew by 327.5 per cent to Rs 12,855.3 crore during the same period.

    Adani Power: The utility player posted a manifold jump in consolidated net profit to Rs 4,779.86 crore in the quarter ended June 2022, on account of growth in income. The consolidated net profit of the company in the year-ago period was at Rs 278.22 crore.

    Adani Wilmar:
    The Edible oil major reported a 10 per cent growth in consolidated net profit at Rs 193.59 crore for the quarter ended June on higher sales. Its net profit stood at Rs 175.70 crore in the year-ago period.

    Coromandel International:
    The fertilizers firm will acquire 45 per cent stake in Senegal-based rock phosphate firm Baobab Mining and Chemicals Corporation (BMCC), a move aimed at India becoming self-sufficient in DAP fertilisers. In May, it had announced that it would acquire 45 per cent equity stake in BMCC for Rs 225 crore.

    AU Small Finance Bank:
    The private lender opened its qualified institutional placement (QIP) to raise up to Rs 2,500 crore, setting the floor price for the issue at Rs 590.84 per share. The decision was taken at a meeting of the bank's capital raising committee.

    Inox Leisure: The multiplex chain operator reported a consolidated net profit of Rs 57.09 crore for the quarter ended June, led by rising footfalls at cinema halls. The company had posted a net loss of Rs 122.28 crore in the April-June period a year ago.

    BSE: The leading stock exchange reported a 23 per cent decline in net profit to Rs 40 crore for three months ended June 2022. In comparison, the exchange had posted a net profit of Rs 51.9 crore in the year-ago period.

    Paradeep Phosphates: The recently listed private player has declared an income of Rs 2,435 crore from operations for the first quarter of 2022-2023 fiscal, up by 85 per cent as compared to the corresponding period of the previous year. The profit after tax rose to Rs 63 crore, rising by 5 per cent as compared to Rs 60 crore during the period in the last fiscal.

    Indian Hotels Company: The Tata Group's hotel chain announced two hotels in Kevadia, Gujarat, in agreement with Sardar Sarovar Narmada Nigam (SSNNL). The hotels are slated to open in 2025.

    Aditya Birla Capital: The financial services firm reported its highest ever consolidated quarterly net profit at Rs 429 crore in the April-June period, up by 42 per cent over the year-ago period. The company had reported a net profit of Rs 302 crore in the corresponding June 2021 quarter of the previous fiscal.

    Gulf Oil Lubricants India: The Lube maker reported an 82 per cent increase in profit after tax (PAT) to Rs 55.33 crore in the June quarter over the same period last year. It had posted a PAT of Rs 30.35 crore in the quarter ended on June 30, 2021.

    TCI Express: The express logistics firm posted an over 30 per cent jump in net profit at Rs 31.01 crore for the quarter ended June 30, helped by higher income. The consolidated net profit of the company in the year-ago period stood at Rs 23.76 crore.

    Satin Creditcare Network:
    The microfinance lender reported a net profit of Rs 60 crore in the quarter ended June 2022 led by higher loan disbursals. It had posted net loss of Rs 71 crore a year ago.

    Dhanuka Agritech: The agrochemical firm's net profit inched up by 1 per cent to Rs 49.11 crore for the quarter ended June compared to the year-ago period. Total income grew by 10 per cent to Rs 409.58 crore in the first quarter of this fiscal from Rs 371.54 crore in the corresponding period of FY22.

    Strides Pharma Science: The drug maker said it has received approval from the US health regulator to market a generic immunosuppressant medication in the American market. Its wholly-owned subsidiary has received approval for Cyclosporine Softgel Capsules from the US Food & Drug Administration.

    JMC Projects (India):
    The civil construction company company reported a consolidated profit of Rs 31.33 crore for the quarter ended June 2022 against a loss of Rs 10.15 crore in the same period last year. Revenue during the same period increased by 44 per cent to Rs 1,671.64 crore partly on a low base.

    Fineotex Chemical: Seasoned investor Ashish Kacholia acquired 5.5 lakh equity shares or a 0.5 percent stake in the company via open market transactions. With this, his shareholding in the company stands increased to 2.43 per cent, from 1.94 per cent earlier.



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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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