Shares Less than Concentrate on Could 19: ITC, IndiGo, Dr Reddy’s, Ashok Leyland & Extra
By Malvika Gurung
Investing.com — ITC (NS:): The cigarettes-to-resorts conglomerate’s web income in the March quarter surged 11.8% YoY to Rs 4,191 crore, led by strong progress throughout all segments. Its income from functions rose 15% YoY to Rs 17,754.02 crore.
Adani Enterprises (NS:): The conglomerate forayed into the health care sector, setting up a wholly-owned subsidiary Adani (NS:) Overall health Ventures, which will have an original authorised and compensated-up share capital of Rs 1,00,000.
Lupin (NS:): The pharmaceutical enterprise recorded a web reduction of Rs 512 crore in Q4, in contrast to a net profit of Rs 464 crore in the yr-ago interval. EBITDA declined 63% to Rs 282 crore.
IndiGo (NS:): The airline company’s CEO Ronojoy Dutta determined to retire on Sept 30, and the company’s board of administrators appointed Pieter Elbers as Dutta’s successor, starting Oct 1.
Sugar Stocks: The govt has authorized amendments to the Countrywide Plan on Biofuels, extending the deadline for gas providers to raise ethanol proportion in fuel to 20% by 5 yrs, right until 2030, bringing stocks like Triveni Engineering and Industries (NS:), Uttam Sugar Mills (NS:), Balrampur Chini Mills (NS:), and many others into focus.
Manappuram Finance (NS:): The NBFC’s net income declined 44% YoY to Rs 261 crore and earnings fell 9% to Rs 1480 crore in the March quarter.
Lic Housing Finance (NS:): The house loan lender’s PAT jumped 180.4% YoY to Rs 1,118.64 crore in the March quarter, as provisions lessened and selection efficiencies improved.
Indraprastha Gasoline (NS:): The country’s premier CNG distribution company’s internet gain increased 9% YoY to Rs 363.08 crore in the March quarter, led by a increase in fuel sales quantity.
Organizations which includes Dr. Reddy’s Laboratories (NS:), Ashok Leyland (NS:), Godrej Consumer (NS:) Solutions, Hindustan Petroleum (NS:), Ramco Methods (NS:), and UCO Lender (NS:), among the other folks, will launch their March quarter outcomes these days.
By Malvika Gurung
Investing.com — ITC (NS:): The cigarettes-to-resorts conglomerate’s web income in the March quarter surged 11.8% YoY to Rs 4,191 crore, led by strong progress throughout all segments. Its income from functions rose 15% YoY to Rs 17,754.02 crore.
Adani Enterprises (NS:): The conglomerate forayed into the health care sector, setting up a wholly-owned subsidiary Adani (NS:) Overall health Ventures, which will have an original authorised and compensated-up share capital of Rs 1,00,000.
Lupin (NS:): The pharmaceutical enterprise recorded a web reduction of Rs 512 crore in Q4, in contrast to a net profit of Rs 464 crore in the yr-ago interval. EBITDA declined 63% to Rs 282 crore.
IndiGo (NS:): The airline company’s CEO Ronojoy Dutta determined to retire on Sept 30, and the company’s board of administrators appointed Pieter Elbers as Dutta’s successor, starting Oct 1.
Sugar Stocks: The govt has authorized amendments to the Countrywide Plan on Biofuels, extending the deadline for gas providers to raise ethanol proportion in fuel to 20% by 5 yrs, right until 2030, bringing stocks like Triveni Engineering and Industries (NS:), Uttam Sugar Mills (NS:), Balrampur Chini Mills (NS:), and many others into focus.
Manappuram Finance (NS:): The NBFC’s net income declined 44% YoY to Rs 261 crore and earnings fell 9% to Rs 1480 crore in the March quarter.
Lic Housing Finance (NS:): The house loan lender’s PAT jumped 180.4% YoY to Rs 1,118.64 crore in the March quarter, as provisions lessened and selection efficiencies improved.
Indraprastha Gasoline (NS:): The country’s premier CNG distribution company’s internet gain increased 9% YoY to Rs 363.08 crore in the March quarter, led by a increase in fuel sales quantity.
Organizations which includes Dr. Reddy’s Laboratories (NS:), Ashok Leyland (NS:), Godrej Consumer (NS:) Solutions, Hindustan Petroleum (NS:), Ramco Methods (NS:), and UCO Lender (NS:), among the other folks, will launch their March quarter outcomes these days.