HERE ARE THE STOCKS IN FOCUS TODAY 20-10-2020
Britannia Industries: The company reported a 23 percent YoY increase in profit at Rs 498 crore against Rs 404 crore, revenue rose 12 percent to Rs 3,419 crore from Rs 3,048.84 crore YoY.
Reliance Industries: Reliance Retail receives a subscription amount of Rs 1,837.50 crore from TPG.
ACC: Company reported profit at Rs 363.8 crore in Q3CY20 against Rs 302.5 crore, revenue increased to Rs 3,537.3 crore from Rs 3,528.3 crore YoY.
MRPL: Company to buy 49 percent stake in ONGC Mangalore Petrochemicals from ONGC for Rs 1,220 crore.
Bank of Baroda: Bank to consider capital raising via debt on October 23.
Xelpmoc Design: Alpha Leon Enterprises LLP sold 71,526 equity shares in the company at Rs 251.58 per share on the NSE.
JSW Steel: Promoter entity Sahyog Holdings released pledge on 60.52 lakh equity shares, JSW Techno Project Management on 26.65 lakh equity shares, and Vividh Finvest 17 lakh shares.
HFCL: Promoter entity MN Ventures acquired additional 10 lakh shares in the company.
Acrysil: Abbakus Growth Fund through Abakkus Emerging Opportunities Fund-1 acquired a 6.45 percent stake in the company. Acrysil | Schock GMBH, Regen (Germany) sold the entire 8.47 percent stake via open market transactions on October 14.
KIOCL: Company approved buyback of up to Rs 155.92 crore, fixed buyback price at Rs 110 per share.
Ion Exchange (India): Sunil Singhania’s Abakkus Emerging Opportunities Fund-1 name appeared in September quarter shareholding with a 1.7 percent stake.
GNA Axles: Promoter Jasvinder Singh released a pledge on 7 lakh shares.
Atul: Promoter entity Arvind Farms released a pledge on 5 lakh equity shares.
Ramco Systems: Company bag contract from Jamna Auto Industries.
HDFC Life Insurance: Company reported profit at Rs 327.83 crore in Q2FY21 against Rs 308.98 crore, net premium income rose to Rs 10,056.7 crore from Rs 7,456.87 crore YoY.
Texmaco Rail: Company reported profit at Rs 1.11 crore against profit at Rs 9.2 crore, revenue fell to Rs 406.5 crore from Rs 475.9 crore YoY.
JSW Energy: Promoter entity Indusglobe Multiventures released pledge on 74.90 lakh equity shares.
Wipro: Company bags 5-year application management and SIAM contract from Finland-based Co Fortum.
Hexaware Tech: Trading in equity shares of the company to be discontinued w.e.f November 2, 2020.
Sunteck Realty: Company acquired 50 acres in the emerging micro-market of Vasind, Thane. Revenue generation of Rs 1,250 crore envisaged for the next 4-5 years.
Were The Stocks In Focus Today 20-10-2020
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