HERE ARE THE STOCKS IN FOCUS TODAY 23-10-2020

Pricol: The company reported consolidated profit at Rs 49.51 crore in Q2FY21 against a loss of Rs 59.67 crore, revenue rose to Rs 390 crore from Rs 330 crore YoY. 

Crompton Greaves Consumer Electricals: Company reported profit at Rs 141.68 crore in Q2FY21 against Rs 110.88 crore, revenue rose to Rs 1,213.2 crore from Rs 1,075.79 crore YoY.

Duroply Industries: Promoter entity Sudeep Chitlangia created a pledge on the entire 5.66 percent stake.

Foseco India: Company reported a profit of Rs 5.08 crore in Q3CY20 against Rs 10.21 crore, revenue fell to Rs 68.94 crore from Rs 78.93 crore YoY.

Reliance Power: Company reported profit at Rs 105.67 crore in Q2FY21 against Rs 45 crore, revenue jumped to Rs 2,449.3 crore from Rs 2,019.6 crore YoY. Axis Trustee Services sold 1,88,50,000 equity shares of the company at Rs 2.86 per share on the NSE.

HDFC Asset Management Company: Company reported profit at Rs 338 crore in Q2FY21 against Rs 368 crore, revenue fell to Rs 456 crore from Rs 498 crore YoY.

Tata Consultancy Services: TCS launched a blockchain quality engineering services suite.

Gokaldas Exports: Company reported a profit of Rs 8.66 crore in Q2FY21 against Rs 4.10 crore, revenue fell to Rs 340.5 crore from Rs 361.87 crore YoY.

Cadila Healthcare: CRISIL reaffirmed its A1+ rating on the Rs 1,300 crore Commercial Paper of the company.

Munjal Auto Industries: ICRA reaffirmed its AA-/Stable credit rating on the company’s long term bank facilities.

Alembic Pharma: Company reported profit at Rs 333.4 crore in Q2FY21 against Rs 246.3 crore, revenue rose to Rs 1,457 crore from Rs 1,240.9 crore YoY.

Bharti Infratel: Company reported profit at Rs 732.6 crore in Q2FY21 against Rs 703.6 crore in Q1FY21, revenue rose to Rs 3,695.2 crore from Rs 3,504.7 crore QoQ.

Hexaware Technologies: Company reported profit at Rs 162.7 crore in Q3CY20 against Rs 152.4 crore QoQ, revenue jumped to Rs 1,585.9 crore from Rs 1,569 crore QoQ.

Tech Mahindra: Company’s subsidiary agreed to acquire 6.03 percent equity shares in VitalTech Holdings, Inc. The company will announce its September quarter earnings on October 23 wherein, apart from the numbers, progress on deal ramp-ups and outlook on the telecom vertical will also be in the focus. It is expected to post a fall in EBITDA margin and profit after tax (PAT) every year

L&T Finance Holdings: Company approved the appointment of Tushar Patankar as the Chief Risk Officer. The company reported profit at Rs 265 crore in Q2FY21 against Rs 174.2 crore, revenue fell to Rs 3,408 crore from Rs 3,611 crore YoY.

Music Broadcast: Company reported loss at Rs 6.49 crore in Q2FY21 against profit Rs 18.51 crore, revenue fell to Rs 30.08 crore from Rs 62.53 crore YoY. The company recommended issuance of 1 bonus non-convertible non-cumulative redeemable preference shares for every 10 equity shares held by the non-promoter shareholders.

Vishal Fabrics: Company approved a bonus issue of equity shares in the ratio of 1:2.

Coforge: Company reported profit at Rs 122.2 crore in Q2FY21 against Rs 82.9 crore, revenue rose to Rs 1,153.7 crore from Rs 1,057 crore QoQ.

3i Infotech: Company reported profit at Rs 15.31 crore versus Rs 10.49 crore, revenue rose to Rs 250.8 crore from Rs 239.7 crore QoQ.

Cochin Shipyard: Radhakishan Damani acquired 6,94,646 equity shares in the company at Rs 349.14 per share on the NSE.

JK Tyre & Industries: Navodya Enterprises bought 15 lakh equity shares in the company at Rs 65.13 per share on the NSE.

Sanghi Industries: Government Pension Fund Global sold 20,22,631 equity shares in the company at Rs 25.77 per share on the NSE.

Vertoz Advertising: Shah Niraj Rajnikant bought 91,500 shares in the company at Rs 165.04 per share on the NSE.

Welspun Corp: Wisdomtree Emerging Markets Smallcap Dividend Fund bought 21,55,262 shares in the company at Rs 115.2 per share on the NSE.

Reliance Naval and Engineering: Valiant Mauritius Partners FDI sold 91,27,583 shares in the company at Rs 1.67 per share on the BSE.

Were The Stocks In Focus Today 23-10-2020

Source: Moneycontrol

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