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Tata Motors stock price: Stocks in the news: Tata Motors, L&T, Axis Bank, Vedanta, DLF, Hudco

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Nifty futures on the Singapore Exchange were trading 50 points, or 0.32 percent, at 15,871.50, indicating that Dalal Street is heading for a positive start on Tuesday. Here are dozens of stocks that may be the most heavily traded in today’s trading:

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Dr. Reddy Laboratories, IndusInd Bank,: Dr. Reddy’s Laboratories, IndusInd Bank, Interglobe Aviation,

Torrent Pharmaceuticals, Dalmia Bharat, Dixon Technologies (India), The Ramco Cements, Sanofi India, TTK Prestige, KPR Mills, Lux Industries and IIFL Finance are among the companies that will report quarterly earnings today.

bank hub: The private lender’s consolidated net gain for the June quarter more than doubled to Rs.2374.50 crore driven by other income and lower provisions, but the third largest private lender saw a jump in pressure in its retail loan portfolio.

Tata Motors: The domestic major automaker reported a narrowing of consolidated net loss at Rs 4,450 crore in the first quarter ended June 30 with improved sales as compared to the alike period final fiscal year. The Mumbai-based company posted a consolidated net loss of Rs 8,444 crore in the alike final financial quarter.

Larsen and Toubro: Infrastructure major L&T reported a more than two-fold jump in consolidated gain following tax (PAT) to Rs.1,531.66 crore for the quarter ended June, boosted by higher income. In the final year quarter, the Company’s ‘Net Profit After Tax from Continuing and Discontinuing Operations’ was Rs 543.93 crore.

Vedanta: The metal miner reported a more than fourfold jump in its consolidated gain following tax (PAT) to Rs 4,280 crore for the first quarter of April-June, supported by higher income. During the final year quarter, the Company’s ‘Net Profit following Taxes prior Extraordinary Items’ was Rs 1,033 crore.

Bajaj Auto: The two-wheeler manufacturer said it has reached an agreement with its Austrian partner Pierer Industrie AG to streamline its shareholding pattern in premium bike maker KTM by transferring its stakes from two steps to a unused holding company.

DLF: The major real estate company reported a consolidated net gain of Rs. 337.17 crore in the first quarter of this financial year due to higher revenue. The company recorded a net loss of Rs 71.52 crore in the period final year.

Jindal stainless: The steelmaker went back to the black in the April-June quarter, posting a net gain of Rs 271.42 crore on the back of a surge in income. The stainless steel manufacturer also announced an investment plan of Rs 2,150 crore to double the capacity of Jagpur’s unit to 2.10 million tons per annum.

GlaxoSmithKline Pharmaceuticals: The pharmaceutical company announced a 9.24 per cent increase in consolidated net gain to Rs.121.08 crore for the quarter ended June 30, 2021. The company reported a net gain of Rs.110.83 crore for the corresponding period of the previous financial year.

Mahindra and Mahindra Financial Services: NBFC has reported a consolidated net loss of Rs 1,573 crore for the June quarter, 2021-22 mainly on higher provision for ECL. It recorded a net gain of Rs 432 crore in April and June 2020-21.

Albek Pharmaceutical Company: The pharmaceutical company reported a decline of 45.42 per cent in its consolidated net gain to Rs 164.52 crore for the quarter ended June 30, 2021. The company reported a net gain of Rs 301.46 crore for the corresponding period of the previous financial year.

Zensar Techniques: The IT consulting software company reported a 38.9 per cent increase in net gain to Rs 101 crore for the June 2021 quarter. Zensar Technologies said it reported a net gain of Rs 72.7 crore in the alike period final year.

Equitas Microfinance Bank, Equitas Holdings: The board of directors and shareholders of Equitas Holdings (EHL) and Equitas Microfinance Bank (ESFB) have approved the plan to merge the two companies.

Hdco: The sale of the government’s stake of up to 8 per cent in HUDCO at a minimum price of Rs 45 each will begin to institutional investors on Tuesday. Sale of more than Rs 16.01 crore a share, or a whole of 8 per cent of the shares, would bring about Rs 720 crore to the treasury.

Referensi: economictimes.indiatimes.com

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