Morning Alert.. Adani Group plans to hive off airport busine | Equity99
Morning Alert..
Adani Group plans to hive off airport business, launch IPO
IPO Rush: 6 companys seek to raise over 10000Cr
LIC chief kumars term extended to shepherd largest IPO.
Corporate News
~ GAIL: Co.s executive says will look at the renewable portfolio of 400MW under SECI projects with EPC partner BHEL.
~ Railtel: Govt to give 700 MHZ band airwaves to Railways
~ Emami: Co. will raise price of its products for second time in Q1
~ Vedanta: Sterlite Cooper CEO Pankaj Kumar has quit citing personal reasons.
Sector in Focus: Banks, Real estate, Power
Key Results today: 10 June, 2021: CenturyPlyboard, Vidhi Specialty, NHPC, SAIL
Key Results highlights: 9 June, 2021
~ Bajajwill Healthcare (Positive Outlook)
Company reported 69.34% rise in PAT at 21.27Cr against 12.56Cr in Q4FY20
Revenue from operations grew 11.55% to 132.18Cr in Q4FY21 from 118.49Cr in Q4FY20.
EBITDA grew 74.58% to 34.62Cr compared to 19.83Cr in Q4FY20
On yearly basis company reported 230% rise in PAT from 25.05Cr to 82.89Cr in FY21
Board recommended dividend of Rs 1/Share.
~ Bata India (Sluggish results)
Companys PAT declines 23% YoY at 29.47Cr compared to 38.40Cr in Q4FY20.
Revenue from operations declined to 589.9Cr from 620.57Cr in same qtr previous year.
On yearly basis company reported loss of 89.31Cr compared to PAT of 32.89Cr in FY20
Board recommended dividend of Rs 4/Share
Company appointed Vidhya Srinivasan as CFO of company.
~ BCL Industries (Superb results)
Company reported superb 281% YoY increase in PAT from 3.48Cr to 13.29Cr, QoQ up 32%
Revenue from operations increased from 225.83Cr to 431.28Cr in Q4FY21.
On yearly basis company reported 63.12% increase in PAT at 42.15Cr compared to 25.84Cr in FY20
Profits from distillery division grew 92% from 717.99Cr to 1381.58Cr
Board recommended dividend of Rs 5/Share.
~ GAIL (Negative outlook)
Profits fell from 3018.2Cr to 1908Cr in Q4FY21 misses estimates
Company reported EBITDA of 2465Cr, Margin improved from 12.4% to 16%.
Revenue from operations fell 14% from 18894Cr to 16205Cr
On yearly basis company reported PAT of 4890.18Cr compared to 6620.63Cr in FY20.
