HERE ARE THE STOCKS IN FOCUS TODAY 27-10-2020
Coforge | Promoter Hulst BV sold 29 lakh equity shares in company at Rs 2,310.56 per share on the NSE and 9 lakh shares at Rs 2,312.03 per share on the BSE.
Finolex Industries | Company reported higher profit at Rs 122.8 crore in Q2FY21 against Rs 102.3 crore, revenue increased to Rs 585.8 crore from Rs 576.7 crore YoY.
M&M Financial | Company reported higher profit at Rs 303.5 crore in Q2FY21 against Rs 251.8 crore, AUM increased to Rs 81,682 crore from Rs 72,732 crore YoY.
Torrent Pharma | Company reported profit at Rs 310 crore in Q2FY21 compared to Rs 244 crore, revenue rose to Rs 2,017 crore from Rs 2,005 crore YoY.
NTPC | Company will consider share buyback on November 2.
HDFC Bank | Aditya Puri retired as the Managing Director of the bank on October 26 upon reaching 70 years of age.
Max Ventures and Industries | Company reported loss at Rs 2.2 crore in Q2FY21 against profit at Rs 9.15 crore, revenue fell to Rs 289 crore from Rs 434.6 crore YoY.
Tree House Education | Company cancelled the deal to sell fixed assets comprising of land and building to Shiwalaya Associates, Vadodara, due to non-fulfillment of terms and conditions by the buyer.
LG Balakrishnan & Bros | Company reported profit at Rs 27.8 crore in Q2FY21 against Rs 36.5 crore, revenue rose to Rs 417 crore from Rs 412 crore YoY.
HFCL | Promoter entity MN Ventures acquired additional 10 lakh shares in company.
IRCTC | For the first time in 167 years of its existence, the Indian Railways has come up with a Request for Qualification document for allowing train operations by private players. The government has appointed merchant bankers for a period of three years for disinvestment of stake in IRCTC through an offer for sale.
Angel Broking | Company reported profit at Rs 74.5 crore in Q2FY21 against Rs 19.2 crore, revenue jumped to Rs 309.8 crore from Rs 171.8 crore YoY.
Lakshmi Machine Works | Company reported profit at Rs 6.9 crore in Q2FY21 against Rs 12.2 crore, revenue increased to Rs 396.3 crore from Rs 409.3 crore YoY. (Image: lmwcnc.com)
IDBI Bank | Company, on October 29, to consider raising of funds through issue of equity shares through qualified institutions placement.
Forbes & Company | ICRA revised long term credit rating to BB+/Negative from BBB+/Negative.
Cosmo Films | Company to buy back shares worth Rs 73 crores at Rs 576 per share.
Great Eastern Shipping | Company approved the issue of 1,500 secured non-convertible debentures of Rs 10 lakh each aggregating to Rs 150 crore by way of private placement.
PVP Ventures | TN Madan, Chief Financial Officer of the company has resigned from the position.
Kansai Nerolac | Board to consider interim dividend on November 3.
SpiceJet | Company will launch eight new flights between India and Bangladesh under the air bubble agreement between the two countries, starting November 5.
State Bank of India | Bank has raised Rs 5,000 crore by issuing Basel-III compliant bonds.
HCL Technologies | Company has completed the acquisition of Cisco’s Self Optimizing Network (SON) Technology.
Were The Stocks In Focus Today 26-10-2020
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