Nifty futures on the Singapore Exchange traded 148 points, or 0.87 per cent higher at 17,240, signaling that Dalal Street was headed for a positive start on Monday. Here are a dozen stocks which may buzz the most in today’s trade:
Sun Pharma, Tata Motors, IOC: Sun Pharma, Tata Motors, Indian Oil Corporation, DLF, Bharat Petroleum, UPL, Hindustan Petroleum, Vinati Organics, Navin Flourine International, Ajanta Pharma, KPIT Technologies, UCO Bank, Exide Industries, KEC International and Poly Medicure are among the companies that will announce their December quarter results today.
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AGS Transact Technologies: The omni-channel payment solution provider will make its Dalal Street debut on Moday. The company raised Rs 680 crore via its intial public offering between January 19-21 by selling its shares in the range of Rs 166-175 apiece.
Kotak Mahindra Bank: The Private sector lender reported a 30.79 per cent jump in its consolidated December quarter net profit at Rs 3,402.74 crore, helped by an all-round performance across subsidiaries.
Larsen and Toubro: The engineering major reported a 16.7 per cent decline in consolidated net profit at Rs 2,054.74 crore for the quarter ended December 2021, mainly due to one-off gains in the year-ago period. The engineering major had posted consolidated net profit of Rs 2,466.71 crore in the same quarter of the previous fiscal.
IndusInd Bank: The private sector lender reported a 49 per cent jump in its December quarter net profit to Rs 1,241.55 crore, and admitted to procedural lapses in its microlending vertical earlier during the fiscal.
Britannia Industries: The leading food company reported a decline of 18.4 per cent in consolidated net profit at Rs 369.18 crore for the third quarter ended December 2021, impacted by rise in prices of raw material inputs. The company had posted a net profit of Rs 452.64 crore in the October-December quarter a year ago.
NTPC: The state-run power giant posted more than 19 per cent rise in its consolidated net profit to Rs 4,626.11 crore in the December quarter compared to the year-ago period mainly driven by higher revenues. The company had reported a consolidated net profit of Rs 3,876.36 crore in the quarter ended on December 31, 2020.
Vedanta: The mining major reported a 26.2 rise in consolidated net profit at Rs 4,164 crore for the quarter ended December 31, 2021. The company had posted consolidated net profit of Rs 3,299 crore in the year-ago period.
Marico: The FMCG firm reported a marginal increase of 1.6 per cent in its consolidated net profit to Rs 317 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 312 crore in the corresponding quarter a year ago.
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Oberoi Realty: The Mumbai-based real estate player reported a 63 per cent increase in its consolidated net profit at Rs 467.53 crore for the quarter ended December. Its net profit stood at Rs 286.65 crore in the year-ago period.
MCX: The leading commodity bourse posted a 52 per cent decline in consolidated net profit to Rs 34.46 crore for the third quarter of 2021-22 on sluggish revenue. The exchange had posted a net profit of Rs 71.80 crore in the same period of the previous fiscal.
Shriram City Union Finance: The leading NBFC reported 6 per cent rise in consolidated net profit at Rs 322 crore for the quarter ended December 2021, recording the highest ever lending. The Chennai-based non-banking finance company (NBFC) had posted a net profit of Rs 304 crore in the year-ago quarter.
Happiest Minds Technologies: The IT firm reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter. The company had posted a net profit of Rs 42.15 crore in the year-ago period.
Tata Coffee: The coffee producer and retailer posted a 38.42 per cent jump in consolidated net profit at Rs 69.46 crore in the three months ended December 2021 on the back of strong revenues. The company had clocked a net profit of Rs 50.18 crore in the same quarter of the previous financial year.
Crompton Greaves Consumer Electricals: The electrical appliances maker reported a 7.84 per cent decline in consolidated net profit to Rs 148.26 crore for the third quarter ended December 2021, on account of inflationary pressures on input materials. The company had posted a net profit of Rs 151.09 crore in the corresponding quarter last year.
Deepak Fertilisers and Petrochemicals Corporation: The speciality chemical player posted nearly two-fold jump in consolidated net profit at Rs 180.61 crore for the third quarter of 2021-22. The company’s net profit stood at Rs 88.95 crore in the same quarter of the previous fiscal year.
Blue Dart Express: The logistics major reported a 29.5 per cent jump in consolidated profit after tax (PAT) to Rs 123.40 crore for the December 2021 quarter. The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year.
IIFL Finance: The leading financial serives player reported 15 per cent increase in net profit at Rs 310 crore for December quarter 2021-22, backed by growth in home and gold loan businesses. The company had logged a net profit of Rs 269 crore in the year-ago period.
AU Small Finance Bank: The Jaipur-based lender said strong loan sales and better asset quality have helped it post a strong set of financial numbers with a 68 per cent growth in net profit for three months to December 2021.
Gujarat State Fertilisers and Chemicals: The fertilizers player reported a more than two-fold jump in its consolidated net profit at Rs 245.53 crore for the quarter ended December. Its net profit stood at Rs 97.25 crore in the year-ago period.
Godfrey Phillips India: The cigarette maker reported a 5 per cent decline in its consolidated net profit to Rs 116.87 crore for the third quarter ended in December 2021. The company had posted a net profit of Rs 123.10 crore during the October-December quarter of the previous fiscal.
Chambal Fertilisers and Chemicals: The fertilizer maker reported an 8 per cent decline in consolidated net profit at Rs 435.17 crore for the quarter ended December 2021. Its net profit stood at Rs 470.75 crore in the year-ago period.
IDFC First Bank: The private lennder reported more than two-fold increase in net profit to Rs 281 crore for the third quarter ended on December 31, 2021. The private sector bank had reported a net profit of Rs 130 crore for the October-December period of 2020-21.
United Breweries: The brewery maker, majorly owned by Dutch multinational brewing company Heineken NV, reported 28.4 per cent decline in consolidated net profit at Rs 91.02 crore for December quarter 2021-22 on account of inflationary pressures. The company had posted a net profit of Rs 127.19 crore in the year-ago period.
Adani Total Gas: A joint venture of billionaire Gautam Adani-run group’s gas arm and Total of France walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB.
Suzlon Energy: The heavy electrical equipment player has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues. The company had reported a consolidated net loss of Rs 118.06 crore in the same quarter of the previous fiscal.
Easy Trip Planners: The online travel platform reported an 83.8 per cent jump in consolidated profit after tax to Rs 40.42 crore in the third quarter ended on December 31, 2021. The company had posted a profit after tax of Rs 22 crore in the same period last fiscal.
Arvind Smartspaces: Ahmedabad-based realty firm reported a 17 per cent increase in consolidated net profit at Rs 5.91 crore for the quarter ended December. Its net profit stood at Rs 5.03 crore in the year-ago period.
Eris Lifesciences: The pharma player said its consolidated net profit increased 12 per cent to Rs 101 crore in the third quarter ended December 2021. The company had reported a consolidated net profit of Rs 90 crore in the same period of the previous fiscal.
TCI Express: The logistics firm posted a 4.5 per cent rise in its net profit to Rs 35.13 crore for the quarter ended December, helped by higher income. In a regulatory filing, the company said it had clocked a net profit of Rs 33.61 crore in the October-December period of the preceding 2020-21 fiscal.
Saregama India: The part of RP-Sanjiv Goenka Group is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years through organic and inorganic routes. It is also foraying into a new business segment of artiste partner programme to launch their music videos and audios.
Century Plyboards (India): The plywood reported a 42.7 per cent jump in its consolidated net profit to Rs 93.89 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 65.79 crore in the corresponding quarter of last year,
Karnataka bank: The private sector lender has posted a net profit of Rs 146.42 crore for the third quarter of current financial year with a year-on-year growth rate of 8.16 percent as against Rs 135.37 crore net profit earned during the corresponding quarter of the previous year.
Mangalore Refinery & Petrochemicals: The refineries and petro-products posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21. The gross revenue from operations stood at Rs 25,238 crore during Q3 of 2021-22 against Rs 14,136 crore in the third quarter of 2020-21.
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Great Eastern Shipping Company: The marine company reported a 16.42 per cent jump in consolidated net profit to Rs 205.29 crore for the December 2021 quarter. The country’s largest private ship liner had posted a profit of Rs 176.33 crore in the year-ago quarter.
Equitas Small Finance Bank: The private lender reported flat growth in its net profit at Rs 108 crore for the quarter ended December 2021, with marginal rise in total income and interest income. The South-based SFB had posted a net profit of Rs 111 crore in the year-ago quarter.
PNB Housing Finance: The NBFC player is focusing on its high-yielding affordable housing business ‘Unnati’ in tier-II and -III cities, and targets to operationalise 25 new branches by March this year. The housing financier targets to increase the Unnati business from nine per cent currently to about 12-14 per cent going forward.
Chemplast Sanmar: The flagship company of Sanmar Group reported standalone net profits at Rs 142.82 crore for the quarter ending December 31, 2021. The city-based company had registered standalone net at 21.27 crore during the corresponding quarter in the previous year.
BCL Industries: The Punjab-based agri-firm reported a two-fold jump in consolidated net profit at Rs 24.15 crore for the quarter ended December 2021. The company had posted a net profit of Rs 10.11 crore in the year-ago period.
Satin Creditcare Network: The microfinance institution said it has raised Rs 225 crore through preferential allotment of shares. The micro lender has allotted a total of 30,76,916 shares to a group of investors namely Aarti Agrifeeds LLP, Adesh Agricare LLP, Adesh Agrifarm LLP and Trimudra Trade & Holdings Private Ltd.
