Profit Booker

2022-05-27 10:14:11 Stocks in News Today

Hindalco Industries: The Aditya Birla Group firm posted a 99.7 per cent rise in its consolidated profit after tax at Rs 3,851 crore for the quarter ended March, 2022. The company had posted a consolidated PAT of Rs 1,928 crore in the year-ago quarter.

ONGC: India's top oil and gas producer said it will invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves which could augment the nation's production in its attempt to be self-reliant in the energy sector.

NMDC: The state-owned miner said its consolidated net profit fell 36 per cent to Rs 1,812.98 crore for the quarter ended March 31, weighed down by higher expenses. The company had clocked Rs 2,835.54 crore net profit during the January-March quarter of 2020-21.

Tata Power: The renewable Energy arm of the power player announced the commissioning of a 100 MW solar project for Maharashtra State Electricity Distribution Company at Partur in Maharashtra.

Torrent Pharmaceuticals: The drug maker said it has inked a pact to acquire four brands from Dr Reddy's Laboratories.

Kirloskar Industries: The castings and forgings reported a consolidated loss of Rs 44.20 crore for the quarter ended March 31, 2022. The company had reported a profit of Rs 133.73 crore in the year-ago period.

Berger Paints India: The paint manufacturer reported a 5.60 per cent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022.

Gujarat State Fertilizers & Chemicals: The state run fertilizer player posted a 91 per cent jump in its consolidated net profit at Rs 285.65 crore in the March quarter on robust income. The company had clocked a net profit of Rs 149.84 crore in the year-ago period.

Insecticides India: The agrochemicals maker posted 2.52 per cent increase in consolidated net profit at Rs 22.33 crore for fourth quarter of 2021-22 on higher income. The company had logged a net profit of Rs 21.78 crore in the same quarter of previous fiscal year.

RattanIndia Enterprises: The diversified firm said it has acquired 60 per cent stake in drone company Throttle Aerospace Systems (TAS).

Motherson Sumi Wiring India: The auto components maker reported a 72.72 per cent decline in net profit at Rs 46.42 crore in the fourth quarter ended March 2022, impacted by higher expenses and an exceptional item outgo. Open / Comment

2022-05-27 10:14:01 JSW Steel, GAIL, Nykaa: JSW Steel, GAIL (India), FSN e-Commerce Ventures, United Spirits, Info Edge (India), Jindal Steel & Power, Ruchi Soya Industries, Astral, PB Fintech, Aarti Industries, Oil India, Sumitomo Chemicals, 3M India, and Crompton Greaves Consumer Electricals are among the companies which will announce their March quarter earnings today. Open / Comment

2022-05-27 06:35:37 “Life has got all those twists and turns. You’ve got to hold on tight and off you go.”

— Nicole Kidman Open / Comment

2022-05-26 12:26:52 BUY CALL OPTIONS HERO OR ZERO NIFTY 16000 MAY CE Buy @25 CMP TGT - 40 / 70 / 80++ SL - 0 Open / Comment

2022-05-26 10:49:39 BUY CALL OPTIONS HERO OR ZERO NIFTY 16000 MAY CE Buy @25 CMP TGT - 40 / 70 / 80++ SL - 0 Open / Comment

2022-05-26 10:26:49 BUY CALL OPTIONS

HERO OR ZERO

NIFTY 16000 MAY CE

Buy @25 CMP

TGT - 40 / 70 / 80++

SL - 0 Open / Comment

2022-05-26 10:25:12 Viral News Update: 26th May 2022

1. Market LIVE Updates: Indices trade higher; IT, financial gain, power, FMCG drag
2. Ashoka Buildcon board approves raising up to Rs 750 crore via NCDs
3. Hindustan Zinc | Vedanta creates pledge on entire stake for term loan of Rs 8,000 crore, reported CNBC-TV18.
4. Dollar hovers near one-month low as Fed minutes lack surprise
5. Stocks to Watch Today | Coal India, Hindalco, Infosys and others in news today
6. India's economy seen growing 9.2% in FY22 on upbeat rural sector, uptick in credit demand: BoB
7. Delhivery stock lists at 1.7% premium; shares begin trading at Rs 495.2 on NSE, Sensex, Nifty fall
8. SEBI simplifies requirements for issuance of duplicate securities certificates
9. LIC raises stakes in companies ahead of mega market debut Open / Comment

2022-05-26 10:25:04 Stocks in News Today

Infosys: The IT major has collaborated with global cybersecurity company Palo Alto Networks to elevate the security maturity of large enterprises with mission-critical digital landscapes and to help prevent the threat of cyberattacks.

Bharat Petroleum Corporation: The oil marketing firm reported a 82 per cent decline in net profit in the quarter ended March 2022 as the firm held fuel prices despite rise in cost.

Apollo Hospitals Enterprises: The hospital chain said its consolidated profit after tax declined by 46 per cent to Rs 90 crore for the fourth quarter ended on March 31, 2022.

Coal India: The state-owned coal miner posted a 45.9 per cent rise in its consolidated net profit at Rs 6,692.94 crore for the quarter ended March, 2022 on the back of higher revenue from operations.

Fortis Healthcare: The hospital chain reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore in the fourth quarter ended March 31, 2022.

National Aluminium Company: The state run metal player reported a 9.5 per cent rise in consolidated profit at Rs 1,025.46 crore for the quarter ended March 2022 on the back of higher income.

Bata India: The shoemaker reported over two-fold increase in its consolidated net profit at Rs 62.96 crore for the fourth quarter ended March 31, 2022 helped by robust sales.

Deepak Fertilisers: The agrochemical firm reported a 144.30 per cent jump in consolidated profit after tax (PAT) at Rs 282.91 crore for the quarter ended March 2022.

Praj Industries: The engineering company reported a 10.7 per cent year-on-year (YoY) rise in the consolidated profit at Rs 57.6 crore for the quarter ended March 31, 2022.

Suzlon Energy: The utility player reported a consolidated net loss of Rs 205.52 crore in the March quarter. The consolidated net loss of the company stood at Rs 54.25 crore in the quarter ended March 2021. Open / Comment

2022-05-26 10:24:53 Results on May 26

Hindalco Industries, Motherson Sumi Systems, Muthoot Finance, Zee Entertainment Enterprises, Aarti Surfactants, Oberoi Realty, Aban Offshore, AllCargo Logistics, Ansal API, Astrazeneca Pharma, Berger Paints, Colgate Palmolive India, Cummins India, Good Year India, Gujarat State Fertilizers Corporation, India Glycols, Jet Airways, Kirloskar Industries, Chemcon Speciality Chemicals, NMDC, Page Industries, Prestige Estate Projects, Quess Corp, Shalimar Paints, and Sudarshan Chemicals will be in focus on May 26 ahead of their March quarter earnings Open / Comment

2022-05-25 07:14:17 Stocks in News Today

Sugar stocks: The government imposed restrictions on sugar exports from June 1, a move aimed at increasing availability of the commodity in the domestic market and curbing price rise.

Grasim Industries: The Aditya Birla Group firm reported a 55.56 per cent increase in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter ended March 31, 2022.

Dr Reddy's Laboratories: The drug maker said it along with Senores Pharmaceuticals, Inc has launched Ketorolac Tromethamine tablets, used for managing severe pain, in the US market.

GMR Infrastructure: DVI Fund Mauritius offloaded shares of the airport service provider for Rs 624.38 crore through an open market transaction by selling 17.03 crore shares of the company at an average price of Rs 36.35 apiece.

Metropolis Healthcare: The diagnostic chain said its consolidated net profit has declined by 34 per cent to Rs 40 crore for the fourth quarter ended March.

Dollar Industries: The leading hosiery company said it expects to become a Rs 2000 crore company by 2024-25 and will invest Rs 120 crore by the same year to double its spinning capacity.

Bank of India: The state-run lender reported a 142.31 per cent rise in standalone profit after tax (PAT) at Rs 606 crore in the quarter ended March 2022 on higher net interest income (NII) and improvement in asset quality.

Minda Industries: The auto components major reported a 5 per cent decline in consolidated profit after tax at Rs 156 crore in the fourth quarter ended March.

LatentView Analytics: The pure-play data analytics company reported standalone profit for the quarter ending March 31, 2022 at Rs 290.45 million, the company said on Tuesday.

Data Patterns (India): The defence and aerospace electronics solutions provider clocked profit after tax for the quarter ending March 31, 2022 at Rs 61.62 crore.

Balrampur Chini Mills: The Sugar firm reported a 2 per cent increase in its consolidated net profit at Rs 240.48 crore for the quarter ended March. Open / Comment