Stocks In the News: Check out the companies making the biggest headlines before the opening bell.
Results on August 11 | Cadila Healthcare, Aptech, Aries Agro, Ashiana Housing, Aster DM Healthcare, Antony Waste Handling Cell, Bajaj Electricals, Bata India, BF Utilities, Birla Cable, Bharat Road Network, CESC, CreditAccess Grameen, Cummins India, Endurance Technologies, Equitas Holdings, Force Motors, Greaves Cotton, HEG, IDFC, India Cement, Kolte-Patil Developers, Lemon Tree Hotels, Novartis India, Pidilite Industries, PNC Infratech, Rupa & Company, Take Solutions, VIP Industries, and VA Tech Wabag will release quarterly earnings on August 11.
Zomato | The company’s net loss widened to Rs 356 crore during the quarter ended June 30, 2021, against Rs 99.8 crore during the like period of the previous financial year. The total income of the company stood at Rs 916 crore during the quarter under review. This was a massive jump from a revenue of Rs 283.5 crore it reported in the year-ago period.
Tejas Networks | ICRA placed its long term and short term rating, A-/A2+, on watch with positive implications after signing deal with Tata Sons’ subsidiary to acquire shares in Tejas.
Aarey Drugs & Pharmaceuticals | The company reported higher profit at Rs 2.5 crore in Q1FY22 against Rs 1.35 crore in Q1FY21, revenue increased to Rs 97.51 crore from Rs 25.21 crore YoY.
Reliance Infrastructure | The company posted consolidated loss of Rs 95.15 crore in Q1FY22 against loss of Rs 288.41 crore in Q1FY21, revenue increased to Rs 4,336 crore from Rs 3,533 crore YoY.
Fortis Malar Hospitals | The company reported consolidated loss at Rs 1.34 crore in Q1FY22 against loss of Rs 2.91 crore in Q1FY21, revenue rose to Rs 23.18 crore from Rs 9.43 crore YoY.
Nath Bio-Genes (India) | The company reported higher profit at Rs 44.91 crore in Q1FY22 against Rs 41.25 crore in Q1FY21, revenue increased to Rs 215.1 crore from Rs 193.64 crore YoY.
Pricol | The company reported consolidated profit at Rs 5.94 crore in Q1FY22 against loss of Rs 30.85 crore in Q1FY21, revenue rose to Rs 319.91 crore from Rs 120 crore YoY.
Gujarat Alkalies and Chemicals | The company reported higher consolidated profit at Rs 63.12 crore in Q1FY22 against Rs 31.81 crore in Q1FY21, revenue increased to Rs 716.44 crore from Rs 469.61 crore YoY.
Ahluwalia Contracts (India) | The company reported higher consolidated profit at Rs 34.78 crore in Q1FY22 against Rs 7.47 crore in Q1FY21, revenue jumped to Rs 580.09 crore from Rs 249.84 crore YoY.
Ion Exchange India | The company reported higher consolidated profit at Rs 23.23 crore in Q1FY22 against Rs 17.48 crore in Q1FY21, revenue increased to Rs 314.12 crore from Rs 265.25 crore YoY.
Spencers Retail | The company reported consolidated loss at Rs 23.55 crore in Q1FY22 against Rs 54.62 crore in Q1FY21, revenue rose to Rs 552 crore from Rs 547 crore YoY.
IRB Infrastructure Developers | The company reported consolidated profit at Rs 71.90 crore in Q1FY22 against loss of Rs 30.13 crore in Q1FY21, revenue increased to Rs 1,625.72 crore from Rs 1,022.3 crore YoY.
Godrej Agrovet | The company reported higher consolidated profit at Rs 104.75 crore in Q1FY22 against Rs 100.59 crore in Q1FY21, revenue rose to Rs 1,992.78 crore from Rs 1,554.17 crore YoY.
Insecticides (India) | The company reported higher consolidated profit at Rs 34.96 crore in Q1FY22 against Rs 24.36 crore in Q1FY21, revenue rose to Rs 468.26 crore from Rs 409.6 crore YoY.
Dynamatic Technologies | Madhuri Madhusudan Kela acquired 44,700 equity shares in the company at Rs 1,618.88 per share and Abakkus Emerging Opportunities Fund – 1 bought 1.25 lakh shares in the company at Rs 1,617 per share. However, promoters – Udayant Malhoutra sold 96,719 equity shares in the company at Rs 1,616.38 per share and Wavell Investment sold 1,53,281 equity shares in the company at Rs 1,619.54 per share on the BSE, the bulk deals data showed.
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