HERE ARE THE STOCKS IN FOCUS TODAY 28-07-2020.
Tech Mahindra Q1 | Profit at Rs 972.3 crore versus Rs 803.9 crore, revenue at Rs 9,106.3 crore versus Rs 9,490 crore QoQ.
NBCC India | The company received orders worth Rs 204 crore.
Mahindra & Mahindra Financial Services | Rights issue of Rs 3,088.8 crore will open on July 28, with a price at Rs 50 per share.
United Spirits Q1 | Loss at Rs 241.5 crore versus profit at Rs 202.1 crore, revenue at Rs 3,820.7 crore versus Rs 7,292.5 crore YoY.
Kirloskar Electric Company | Company’s at Hirehalli (unit-7) and Budihyal (unit-15) has been extended partial lay off its workmen for a further period of 30 days.
HSIL Q1 | Loss at Rs 17.35 crore versus profit at Rs 14.34 crore, revenue at Rs 251.55 crore versus Rs 439 crore YoY.
Hindustan Media Ventures Q1 | Profit at Rs 11.39 crore versus Rs 38.81 crore, revenue at Rs 89.88 crore versus Rs 217.95 crore YoY.
MT Educare | Promoter Mahesh Shetty proposes to sell up to 17,82,585 shares (2.47% of total paid-up equity) July 28-29 via offer for sale. Floor price is Rs 13 per share.
Emami | Promoters released pledge on shares.
Tejas Networks Q1 | Loss at Rs 9.76 crore versus profit at Rs 5.85 crore, revenue at Rs 80.11 crore versus Rs 161.89 crore YoY.
Infibeam Avenues | Ravi Omprakash Agrawal bought 34,68,572 shares in company at Rs 74.85 per share.
Best Agrolife | Resonance Opportunities Fund acquired 1,12,000 equity shares in company at Rs 610.35 per share.
Raymond | Gagandeep Consultancy bought 4.5 lakh shares in company at Rs 249.45 per share.
Nippon Life India Asset Management Q1 | Profit at Rs 156.30 crore versus Rs 125.40 crore, revenue at Rs 233.12 crore versus Rs 325.11 crore YoY.
KPI Global Infrastructure | Company successfully commissioned additional capacity of 615 KW solar power project under captive power producer.
Aptech Q1 | Loss at Rs 6.53 crore versus Rs 3.08 crore, revenue at Rs 14.86 crore versus Rs 51.56 crore YoY.
Bharti Infratel | Profit at Rs 703.6 cr versus Rs 649.5 crore, revenue at Rs 3,504.7 crore versus Rs 3,624.4 crore QoQ. DS Rawat has resigned as MD & CEO w.e.f August 3, 2020.
Pfizer Q1 | Profit at Rs 124.45 crore versus Rs 112.81 crore, revenue at Rs 514.89 crore versus Rs 544.40 crore YoY.
Birlasoft | BOND-PRO announced Birlasoft as surety systems integration partner.
Jaiprakash Power Ventures Q1 | Profit at Rs 23.35 crore versus loss at Rs 101.28 crore, revenue at Rs 689.41 crore versus Rs 1,078.58 crore YoY.
ITC | Company announced acquisition of spices manufacturer Sunrise Foods in an all-cash deal valued at Rs 2,150 crore. According to the company, it has acquired shares of SFPL at an “upfront consideration of Rs 2,150 crores on a cash-free, debt-free basis”. “In addition, the sellers are entitled to contingent consideration of an amount not exceeding Rs 150 crore, which is payable upon Sunrise achieving mutually agreed operational and financial milestones, over a period of two years,” ITC said in a regulatory filing.