HAL, Nalco, :
, , Graphite India, NLC India, IFCI, Triveni Turbine, Welspun Corp, Kiri Industries, Federal-Mogul Goetze, , GIC Housing Finance, Brightcom Group, GFL and Federal Mogul Goetze are among the companies that will announce their March quarter results today.
KIMS, Dodla Dairy: Krishna Institute of Medical Sciences (KIMS) and Dodla Dairy, which recently concluded their initial public offerings, will make debut on the stock exchanges on Monday, information with bourses showed.
NTPC: The state-owned power giant said it has set a target to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC has become India’s first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE).
InterGlobe Aviation: The parent of the country’s largest airline IndiGo’s shareholders have approved a proposal to raise up to Rs 3,000 crore. The funds would be raised through the Qualified Institutional Placement route.
Thryocare Technologies: The startup Pharmeasy on Friday announced acquiring established diagnostics chain Thyrocare Technologies in a deal worth over Rs 6,300 crore, including buying the controlling stake from its 62-year-old founder A Velumani.
Lupin: The drug maker said it has launched Emtricitabine and Tenofovir Disoproxil Fumarate tablets, used in the treatment of HIV-1 infection, in the American market. The Mumbai-based company said it has launched the product in the US market after having received approval from the US Food and Drug Administration (USFDA).
Power Grid: The state-run
will seek shareholders’ approval for the issue of bonus shares by capitalisation of reserves worth about Rs 1,743 crore in an extraordinary general meeting (EGM) next month.
IndusInd Bank, Mcleod Russel: The private sector lender has acquired over 70 lakh shares in tea company Mcleod Russel after invoking pledged shares of the company to recover its dues.
Indian Bank, SBI Lif, : Life Insurance Corporation (LIC), SBI Life and Canara Bank were among the top investors picking up stakes in Indian Bank under a QIP.
DLF: The realty major has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units this fiscal to encash strong demand.
Affle India: The digital advertising firm claims to have won the initial legal battle in a case filed against it by Walmart-owned PhonePe in a Singapore court in the Indus OS stake sale matter. PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around USD 60 million. However, the biggest shareholder in the company, Affle Global (AGPL), has opposed the deal.
Future Consumer: The Kishor Biyani led Future Group firm reported a lower net loss of Rs 155.12 crore for the quarter ended on March 31, 2021, compared to that of Rs 175.46 crore in the year-ago quarter.
Ashiana Housing: The realty firm reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period. Total income fell to Rs 81.36 crore in the fourth quarter of last fiscal from Rs 98.59 crore in the corresponding period of the previous year.
Inox Wind: The power generator’s consolidated net loss narrowed to Rs 105.87 crore in the March 2021 quarter, mainly on the back of higher revenues. The company’s consolidated net loss had stood at Rs 192.17 crore in the quarter ended on March 31.
Ircon International: The railway PSU said it has bagged an order worth Rs 659 crore from the Ministry of Railways for electrification work. The order has been awarded on competitive bidding basis among public sector units by the North Frontier Railways, Ircon International said.
Zuaru Agro Chemical: Fair trade regulator CCI gave a go-ahead to the acquisition of Zuari Agro Chemicals Ltd’s Zuarinagar plant by Paradeep Phosphates.
JSW Energy: The JSW group firm said its consolidated net profit remained almost flat at Rs 107 crore for the quarter ended in March. The consolidated net profit stood at Rs 107 crore compared to the reported net profit of Rs 108 crore in the corresponding quarter of the previous financial year.
Indraprastha Gas: India’s largest CNG distribution company, reported 31 per cent rise in January-March net profit on the back of an increase in sales volume. Net profit of Rs 332.08 crore in the fourth quarter of 2020-21 fiscal year is compared with Rs 252.63 crore net profit a year back, the company said.
Moneyboxx Finance: The NBFC firm, which provides small-ticket loans in tier-2 and tier-3 cities, said it aims to triple loan disbursement to Rs 180 crore during 2021-22 by expanding its operation to new geographies. With the assets under management of Rs 62 crore, the company had disbursed loans of Rs 55 crore during the financial year ended March 2021.
PG Electroplast: The consumer durables maker and electronics manufacturing services provider has lined up an investment of Rs 100 crore for the ongoing fiscal year, of which the majority will be spent on setting up a new air-conditioner manufacturing plant at Ahmednagar in Maharashtra.
SJVN: The state-owned power producer posted a 55 per cent jump in its consolidated profit after tax (PAT) at Rs 619.92 crore during the quarter ended March 31, 2021. The company’s net profit after tax from continuing operations was at Rs 399.21 crore in the January-March quarter of the financial year 2019-20.
Shree Renuka Sugars: The sugar producer will invest Rs 450 crore to expand its ethanol capacity, the company said. In a regulatory filing, the company informed that its board has approved expanding production capacity by 430-kilo litre per day to 1,400-kilo litre per day.
Sheela Foam: The maker of popular mattress brand Sleepwell, is looking at exports and import substitution as the next big opportunities for itself leveraging “on China becoming weaker on sentiments” in the global markets.
Siti Network: The cable TV distributor reported widening of its consolidated net loss to Rs 103.94 crore for the fourth quarter ended March 31, 2021. The company had posted a net loss of Rs 76.64 crore in the January-March quarter a year ago.
PNB, PNB Housing Finance: The state-owned lender
(PNB) on Friday apprised its board members about the developments with regard to proposed investment of Rs 4,000 crore by US-based private equity firm Carlyle and others in its mortgage arm PNB Housing Finance.
Puravankara: The realty firm reported a sharp jump in its consolidated net profit of Rs 8.75 crore for the quarter ended March. Its net profit stood at Rs 0.35 crore in the year-ago period.
Jet Airways: The National Company Law Tribunal (NCLT) published the written order approving Jalan Kalrock Consortium’s resolution plan for grounded
, and the approval is subject to certain directions.
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