Stocks in the news: Grasim, SBI, JSW Steel, Dr Reddy's Labs, India Cements and Natco Pharma

Nifty futures on the Singapore Exchange traded 65 points, or 0.43 per cent, lower at 15,161 signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today's trade:

Tata Steel: The steelmaker will replace ONGC in Sensex with effect from June 21.

Adani Enterprises: The stock, along with AU SFB and Cholamandalam Investment will replace Bosch, LIC Housing Finance and TVS Motor in BSE100 with effect from June 21.

Grasim, India Cements & MGL: Grasim Industries, The Ramco Cements, Mahanagar Gas, Poly Medicure, Balaji Amines, Lakshmi Machine Works, India Cements, JSW Holdings, JK Paper, Dalmia Bharat Sugar and Industries, Barbeque Nation Hospitality and ADF Foods are among companies that will announce their March quarter results today.

State Bank of India: The country's largest lender reported an 80.15 per cent jump in its standalone profit after tax (PAT) of Rs 6,451 crore in the three months to March 2021, aided by higher interest income and lower provisioning for bad loans. The lender had posted a profit after tax of Rs 3,581 crore in the same quarter of FY20.

JSW Steel: The steel maker posted a manifold jump in its consolidated net profit to Rs 4,191 crore for the quarter ended March 31. The company had clocked a net profit of Rs 188 crore in the corresponding quarter of the previous financial year, JSW Steel said.

Dr Reddy's Laboratories: The drug major is working on the development of new treatment options for COVID-19 patients which it aims to launch over the next few months while ensuring uninterrupted supplies of its existing range of products for the infectious disease in the market, said managing director of the company.

NBCC: The creditors' panel of Jaypee Infratech will meet on Monday morning to discuss submissions made by state-owned NBCC, a move that has been strongly objected to by Suraksha group that also warned of legal recourse in case voting on its offer does not materialise as scheduled.

MCX: The leading commodity bourse reported a 41.31 per cent drop in its consolidated net profit at Rs 38.44 crore during the fourth quarter of the 2020-21 fiscal on poor income. Net profit stood at Rs 65.50 crore in the same quarter previous fiscal

Power Grid Corporation: The state-run power firm said its board has approved investments totalling Rs 2,202 crore for various power transmission projects. The Board of Directors and Committee of Directors on Investment on Projects, in their respective meetings held on May 21, have accorded approvals to the investments.

Dr Lal PathLabs: The diagnostics firm reported an over 2.5 times rise in its consolidated net profit to Rs 85.1 crore for the quarter ended March 31, 2021, mainly on account of a rise in the non-COVID-19 business. The company had posted a net profit of Rs 32.6 crore for the corresponding period of the previous financial year.

Minda Industries: The auto anciliary maker said its board has approved acquisition of 27.55 per cent stake in CSE Dakshina Solar Pvt Ltd for Rs 27 lakh. "The board approved the acquisition of 33,750 equity shares of CSE Dakshina Solar Pvt Ltd of face value of Rs 10 each at a premium of Rs 70 i.e. Rs 80 per share, aggregating to Rs 27,00,000," Minda said.

Macrotech Developers: The realty firm is targeting to bring down its net debt to zero over the next three years from the current borrowing level of around Rs 16,000 crore, as it remains bullish on housing and warehousing segments despite the COVID-19 pandemic.

Union Bank of India (UBI): Life Insurance Corporation of India's shareholding has risen by over 5 per cent in the state-run lender with acquisition of nearly 2 per cent additional stake in the bank. LIC held 3.09 per cent stake in UBI earlier, representing 19,79,23,251 equity shares of the bank.

Arvind: The textiles manufacturer said it is planning to raise up to Rs 200 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The company's board will consider a proposal to raise funds in a meeting on May 26.

Punjab & Sind Bank: The State-run lender turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses, posting a profit after tax (PAT) of Rs 161 crore on the back of improvement in recoveries and decline in bad loans. The lender had registered a net loss of Rs 236.3 crore in the year-ago period.

Akzo Nobel India: The paints and coatings maker reported a 37.3 per cent increase in consolidated net profit to Rs 74.25 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 54.08 crore during the January-March period a year ago.

TVS Electronics: The major player in electronic peripherals has reported net profits Rs 5.85 crore for the quarter ending March 31, 2021. The city-based company had reported a net loss at Rs 5.69 crore during the corresponding quarter last year.

Amara Raja Batteries: The automobile battery maker said its consolidated net profit after tax rose by 38 per cent to Rs 189 crore for the fourth quarter ended March 2021 on the back of robust sales across business verticals. The company had reported a net profit after tax of Rs 137 crore for the January-March quarter of 2019-20.

Natco Pharma: The drug maker said it has received approval from the US health regulator for generic Lenalidomide capsules indicated for treatment of adults with multiple myeloma, mantle cell lymphoma and myelodysplastic syndromes.

Hero Motocorp: The two-wheeler market leader said it will resume production at all its manufacturing plants in India from coming Monday after temporarily shutting operations due to the coronavirus pandemic.

Sundaram Finance: A wholly owned company of the NBFC, Sundaram Home Finance, is mulling to raise Rs 2,500 crore to fund its growth plans.

Max Healthcare: The healthcare facilities firm said that former Sebi chairman U K Sinha has resigned as its independent director and has accepted "a more active advisory role" in the company with effect from June 1. Wf Asian Reconnaissance Fund sold Max Healthcare Institute Ltd's shares worth over Rs 187 crore, through an open market transaction.

Godrej Industries: The commodity chemical company reported a consolidated net loss of Rs 92.22 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 103.39 crore in the period a year ago.

Wockhardt: The drug firm said its board has approved plans to raise up to Rs 150 crore by issuing securities on a private placement basis.

Shoppers Stop: The retail chain said its consolidated net loss narrowed to Rs 24.10 crore for the fourth quarter ended March 2021. The company had posted a net loss of Rs 127.22 crore in the January-March quarter a year ago.

Container Corporation of India: The state-owned multi-modal logistics company Concor a 92 per cent dip in consolidated net profit to Rs 24.97 crore for the fourth quarter ended March 2021. The company had clocked a net profit of Rs 316.56 crore in the year-ago period. said in a regulatory filing.

Crompton Greaves Consumer Electricals: The household appliances maker reported an over two-fold increase in its consolidated net profit at Rs 249.08 crore in the fourth quarter ended March 2021. The company had posted a net profit of Rs 102.10 crore in the January-March quarter a year ago.

Birlasoft: The CK Birla Groups' IT services company reported a 43.3 per cent rise in consolidated net profit at Rs 98.9 crore for the March 2021 quarter. It had posted a profit of Rs 69 crore in the year-ago period.

Elgi Equipments: Air compressors manufacturer expects to perform "reasonably well" during the current financial year in the wake of the COVID-19 pandemic, the company said.

Wheels India: The steel wheels manufacture has planned a capital expenditure of Rs 100 crore this year for the wind energy segment and would set up up a plant near Chennai, a top company official said

United Spirits: Diageo-controlled liquor maker reported a four-fold jump in consolidated net profit to Rs 203.3 crore for the fourth quarter ended March 2021, helped by double-digit growth in sales. The company had posted a net profit of Rs 49.3 crore in the January-March period a year ago.

Gayatri Highways: The construction and Engineering firm said it has proposed to acquire 13 per cent of equity share capital in HKR Roadways from the latter's existing shareholder. The existing shareholder of HKR Roadways has agreed for sale of 6,03,498 fully paid up equity shares of face value of Rs 10 each aggregating to Rs 60,34,980.

Banks: The Indian Banks' Association (IBA) on behalf of lenders has approached the finance ministry to refund the burden fallen on their shoulders due to a recent Supreme Court judgment on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020.

TeamLease Services: The much-awaited 5G services roll-out is expected to spur telecom contractual staffing over the next two years and will emerge as a key driver for hiring activities in the sector, according to a senior official at TeamLease.

Century Textiles & Industries: The paper and Ply firm, which runs three business verticals- paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first - is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects.