Profit Booker

2022-04-28 06:46:01 Stocks in News Today - 28 Apr 2022

Airtel: Airtel has acquired a 7% stake in Cnergee Technologies, a cloud-based networking solutions provider.

Adani Enterprises: The firm has incorporated a wholly-owned subsidiary 'AMG Media Networks' to carry on the business of media-related activities.

Supreme Petrochem: The company reported a 2.7 percent year-on-year decline in Q4FY22 profit at Rs 225.4 crore despite higher revenue, dented by higher inventory and input cost. Revenue grew by 18 percent YoY to Rs 1,497.7 crore during the same period.

Indian Energy Exchange: The company clocked massive 45.3 percent year-on-year growth in profit at Rs 88.4 crore driven by higher revenue, other income, and exceptional income. Revenue grew by 19.5 percent YoY to Rs 112 crore during the same period.

ONGC: The state-owned oil & gas exploration company has signed an MoU with Norway-based Equinor ASA for exploration & production, and clean energy.

Novartis India: The company has appointed Ms. Shilpa Joshi as the Chief Financial Officer and key managerial personnel, with effect from May 1, 2022. Prior to joining Novartis, she had worked with Fiat Pvt Ltd, Clariant India and Wander India.

Bajaj Auto: The two-and-three-wheeler maker recorded 10.3 percent year-on-year growth in profit at Rs 1,469 crore in the quarter ended March 2022 on incentive from Maharashtra government for April 2015 to March 2021 period but revenue dropped 7.2 percent YoY to Rs 7,974.8 crore on fall in volumes, while EBITDA dropped 10 percent to Rs 1,396 crore.

Trent: The company posted loss of Rs 20.87 crore for quarter ended March 2022 against profit of Rs 17.44 crore in same period last year, as overall expenses jumped 49 percent in the same period, but revenue was very strong, growing 46.7 percent to Rs 1,328.9 crore compared to year-ago period.

HDFC Asset Management Company: The company reported a 8.7 percent year-on-year growth in profit at Rs 343.55 crore supported by other income and lower tax cost. Revenue grew by 2.6 percent YoY to Rs 516.28 crore during the same period.

Kohinoor Foods: The company in a BSE filing said the board has approved fundraising of Rs 49.5 crore via rights issue.

Hindustan Unilever: The company reported earnings better than analysts' estimates, with profit rising 8.6 percent year-on-year to Rs 2,327 crore on double-digit growth in topline and operating income, though margin contracted by 30 bps YoY.

Escorts: Rating agency CRISIL has upgraded company's long-term rating by one notch from "AA" to "AA+" with revision in outlook from “watch with Positive implications” to “Stable”. CRISIL has also reaffirmed short term rating to "A1+".

Indian Hotels: The company recorded profit at Rs 74 crore for the quarter ended March 2022 on solid growth in revenue and operating income, against loss of Rs 91 crore in year-ago period. Revenue during the quarter grew by 52.55 percent to Rs 955 crore compared to year-ago period, and EBITDA surged 192 percent to Rs 242 crore during the same period. Open / Comment

2022-04-28 06:37:55 Full Details of LIC IPO Open / Comment

2022-04-28 06:37:20 Results on April 28: Axis Bank, Bajaj Finserv, Ambuja Cements, SBI Life Insurance Company, Vedanta, Agro Tech Foods, Biocon, Coromandel International, Embassy Office Parks REIT, Fineotex Chemical, IIFL Finance, IndiaMART InterMESH, Laurus Labs, Motilal Oswal Financial Services, Mphasis, Procter & Gamble Hygiene & Health Care, PNB Housing Finance, Shoppers Stop, Shriram Transport Finance, Sterlite Technologies, and Varun Beverages will release quarterly earnings on April 28. Open / Comment

2022-04-28 06:37:13 The big challenge is to become all that you have the possibility of becoming. You cannot believe what it does to the human spirit to maximize your human potential and stretch yourself to the limit. Open / Comment

2022-04-27 16:31:44 BAJAJ AUTO Open / Comment

2022-04-27 12:22:41 BUY CALL BTST OPTIONS HERO OR ZERO TRADE BUY - NIFTY APR 17200 CE @25 CMP TGT - 50 / 75 / 120 ++ SL - 0 HIGH CONVICTION Open / Comment

2022-04-27 12:17:05 BUY CALL BTST OPTIONS

HERO OR ZERO TRADE

BUY - NIFTY APR 17200 CE

@25 CMP

TGT - 50 / 75 / 120 ++

SL - 0

HIGH CONVICTION Open / Comment

2022-04-27 07:10:01 Results today: Hindustan Unilever,

Bajaj Auto, HDFC Asset Management Company among top companies to release results on April 27. Hindustan Unilever, Bajaj Auto, HDFC Asset Management Company, Hatsun Agro Product, Indian Energy Exchange, 5paisa Capital, Indian Hotels Company, Persistent Systems, Syngene International, Trent, Mahindra Lifespace Developers, Chennai Petroleum Corporation, KPR Mill, MPL Plastics, Shree Digvijay Cement, Supreme Petrochem, and Swaraj Engines will release quarterly earnings on April 27. Open / Comment

2022-04-27 07:09:32 Tata Coffee: Profit rises 12 percent YoY; Revenue grows 11 percent. The company reported a 12 percent year-on-year growth in consolidated profit at Rs 64.28 crore in the quarter ended in March 2022 supported by topline as well as operating performance.

United Breweries: Profit spikes 68 percent YoY; Revenue grows 10.7 percent. Open / Comment

2022-04-27 07:09:31 Stocks in News - 27 Apr 2022

Wipro: Wipro has signed a definitive agreement to acquire Rising Intermediate Holdings Inc. (a global SAP consulting firm) for $540 million.

Jindal Stainless: The shareholders and creditors of Jindal Stainless and Jindal Stainless (Hisar) have approved the proposed merger of the 2 entities.

Schaeffler India: Profit jumps 48.4 percent YoY; Revenue rises 19 percent.

Mahindra Logistics: Profit declines 10.5 percent YoY while revenue rises 10 percent.

Bajaj Finance: Profit climbs 80 percent on year; NII spikes 30 percent.

Infosys: Collaborated with MIT Technology Review Insights.The IT company in collaboration with MIT Technology Review Insights, launched the Global Cloud Ecosystem Index 2022, a snapshot of worldwide cloud development and innovation.

VST Industries: Profit grows 20 percent YoY; Revenue rises by 4.6 percent.

Dilip Buildcon: Received provisional certificate for bridge across river Zuari on Panjim-Mangalore section. The joint venture - Dilip Buildcon Mostobudivelnyi Zahin No.112 - has received provisional certificate for the construction of approaches for bridge across river Zuari on Panjim-Mangalore section in Goa on EPC basis.

AU Small Finance Bank: Profit surges 105 percent on year; NII rises 43 percent. The bank in a BSE filing said profit in Q4FY22 rose by 105 percent year-on-year to Rs 346 crore on fall in provisions and higher NII.

Reliance Industries: Signed the formal Shareholder Agreement for TA'ZIZ EDC & PVC project.. Reliance Industries, and Abu Dhabi Chemicals Derivatives Company RSC (TA'ZIZ) have signed the formal Shareholder Agreement for TA'ZIZ EDC & PVC project.

Lasa Supergenerics: Bagged an order worth Rs 50 crore. API manufacturer Lasa Supergenerics has bagged a new order of Rs 50 crore from five customers.

Tata Coffee: Profit rises 12 percent YoY; Revenue grows 11 percent. The company reported a 12 percent year-on-year growth in consolidated profit at Rs 64.28 crore in the quarter ended in March 2022 supported by topline as well as operating performance.

United Breweries: Profit spikes 68 percent YoY; Revenue grows 10.7 percent.Stocks in News - 27 Apr 2022

Wipro: Wipro has signed a definitive agreement to acquire Rising Intermediate Holdings Inc. (a global SAP consulting firm) for $540 million.

Jindal Stainless: The shareholders and creditors of Jindal Stainless and Jindal Stainless (Hisar) have approved the proposed merger of the 2 entities.

Schaeffler India: Profit jumps 48.4 percent YoY; Revenue rises 19 percent.

Mahindra Logistics: Profit declines 10.5 percent YoY while revenue rises 10 percent.

Bajaj Finance: Profit climbs 80 percent on year; NII spikes 30 percent.

Infosys: Collaborated with MIT Technology Review Insights.The IT company in collaboration with MIT Technology Review Insights, launched the Global Cloud Ecosystem Index 2022, a snapshot of worldwide cloud development and innovation.

VST Industries: Profit grows 20 percent YoY; Revenue rises by 4.6 percent.

Dilip Buildcon: Received provisional certificate for bridge across river Zuari on Panjim-Mangalore section. The joint venture - Dilip Buildcon Mostobudivelnyi Zahin No.112 - has received provisional certificate for the construction of approaches for bridge across river Zuari on Panjim-Mangalore section in Goa on EPC basis.

AU Small Finance Bank: Profit surges 105 percent on year; NII rises 43 percent. The bank in a BSE filing said profit in Q4FY22 rose by 105 percent year-on-year to Rs 346 crore on fall in provisions and higher NII.

Reliance Industries: Signed the formal Shareholder Agreement for TA'ZIZ EDC & PVC project.. Reliance Industries, and Abu Dhabi Chemicals Derivatives Company RSC (TA'ZIZ) have signed the formal Shareholder Agreement for TA'ZIZ EDC & PVC project.

Lasa Supergenerics: Bagged an order worth Rs 50 crore. API manufacturer Lasa Supergenerics has bagged a new order of Rs 50 crore from five customers. Open / Comment