Business & Investment

Tech Mahindra Stocks: News Stocks: Bajaj Finance, SRF, Tech Mahindra, CEAT, Indus Towers

The stock exchange’s nifty futures traded at 71.5 points, or 0.40 percent higher at 17,670.50, indicating that Daral Street got off to a negative start on Thursday. Here are 12 stocks that may be the most talked about in today’s trading:

Bajaj Finance, Kotak Bank, Axis Bank: Bajaj Finance, Kotak Mahindra Bank, Axis Bank,

, Cipla, Torrent Pharma, PI Industries ,, Canara Bank ,, Dr Lal Pathlabs, Nippon Life India Asset Management, and Sanofi are companies announcing their September quarter results today.

Tech Mahindra: Software exporters reported a 26% increase in net value of Rs 1,338.7 in the September quarter and hope to stay on track. Net income for the July-September 2020 quarter was Rs 1,064.6.



Telecommunications carrier: The government exempts all non-telecom income, dividend income, interest, real estate sales and rents from the calculation of levies such as license fees and spectrum usage fees, thereby exempting telecom operators from the tax burden. Revised Telecom licensing standards to mitigate.

Aisher Motor
: Autoplayer shareholders have approved the proposal to reappoint Siddhartha Lalal as managing director of the company for five years starting May 1st this year.

Indus Towers: Telecommunications infrastructure companies saw consolidated net income increase 38% to reach approximately 1,559 rupees in the September 2021 quarter, as recently announced reforms in the telecommunications industry led to a sharp improvement in corporate sentiment.

HDFC Asset Management Company: Trustee players reported that after-tax profit (PAT) increased by about 2% to reach 344.38 rupees in the three months to September 2021. In comparison, the company posted a PAT of Rs 338.06 in the same quarter of the previous quarter. total.

SRF: Chemical manufacturers reported a 21% increase in consolidated net income for the quarter ending September at Rs 282.45 due to higher revenues. The company posted a net profit of Rs 315.20 in the same period last year.

Deepak Fertilizers and Petrochemicals Corporation: The pesticide company said it raised Rs 510 through the sale of shares to institutional investors. It is said that it succeeded in raising 510 rupees through the QIP of equity stocks.

Canara Bank: The state-owned company said it had raised Rs 1,500 by issuing Basel III compliant bonds. The bank issued additional Basel III compliant Tier I bonds and allocated Rs 1,500.

Kansai Paint: Paint makers reported a 48% decrease in consolidated net income for the second quarter, which ended in September 2021, at Rs 87.28. The company posted a net profit of Rs 167.96 a year ago from July to September.

CEAT: Tire manufacturers reported a 77% decrease in consolidated net income for the second quarter ending September 30 at Rs 42.28, affected by rising input costs. The company posted consolidated net income of Rs 182.18 in the same quarter of the previous fiscal year.

Newgen software: For IT companies, consolidated after-tax profit (PAT) for the quarter ended in September increased by 28% to Rs. 37.4. The company recorded a PAT of Rs 29.2 in the same quarter a year ago.

Quick Heel Technology: According to security software providers, consolidated net income for the quarter of September 2021 was up 20.1% to Rs. 34.6. The company posted a net profit of Rs 28.8 in the same period last year.

Dwarikesh Sugar Industries: Sugar producers reported that after-tax profits for the September quarter increased by 123.39 percent at Rs 39.63. The company’s PAT was Rs 17.74 in the corresponding quarter of 2020-21.

Ramco Cement: Cement players reported that their consolidated net income for the quarter ended in September more than doubled at Rs 519.12. This is underpinned by amortization of excess deferred tax and increased sales. The company posted a net profit of Rs 238.92 between July and September of the previous fiscal year.

Aditya Birla Sun Life AMC: Recently listed investment trust players reported a 38% surge in profits at Rs 173.1 in the September 2021-22 quarter. The company posted an after-tax profit of Rs 125.4 in the year-ago quarter.

Centrum Capital: The first branch of Unity Small Finance Bank, a joint venture between Centrum Group and Bharatpe, will be operational shortly after the city with growth capital of Rs 1,500 and loan books of Rs 1,300.

CSB Bank: Kerala-based private lenders reported a 72% increase in net profit to Rs 118.57 in the second quarter, which ended in September. Reported net income of Rs 68.90 in the corresponding quarter of the previous fiscal year.

Jaglan Prakashan: The publisher of the Hindi daily Dainik Jagran reported that consolidated net income for the quarter ended September 2021 increased six-fold to Rs 60.89. The company posted a net profit of Rs 10.14 in the July-September quarter a year ago.


Inox Wind:
Renewable energy players said their arm, Inox Wind Infrastructure Services (IWISL), has signed a stake purchase agreement to sell all of its six shares to its wholly owned subsidiary, Resco Global Wind Services.

Tech Mahindra Stocks: News Stocks: Bajaj Finance, SRF, Tech Mahindra, CEAT, Indus Towers

https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-bajaj-finance-srf-tech-mahindra-ceat-and-indus-towers/articleshow/87268321.cms Tech Mahindra Stocks: News Stocks: Bajaj Finance, SRF, Tech Mahindra, CEAT, Indus Towers

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