Stocks Related News, Quarterly Results News

23 January 23

FII & DII DATA 

FII Net SELL - 219.87cr
DII Net BUY - 434.96cr

24 January 2023

Today Results 

Accelya              
Aditya Vision
Agro Tech Foods
ALLSEC Tech
Apollo Pipes
Aurionpro Solut
Bharat Wire Rop
Century Enka
CG Power
Chalet Hotels
Colgate
Duncan Eng
Elecon Eng
Granules India
HDFC AMC
Indoco Remedies
INDUS TOWERS
Kaveri Seed
Latent View
Laxmi Organic
Macrotech Dev
Maruti Suzuki
PDS
Pidilite Ind
PNB Housing Fin
PowerGrid InvIT
Punjab Chemical
Quick Heal Tech            
Sasken Tech
SBI Card
Sharda Crop
Sona BLW
Sonata
South Ind Bk
Strides Pharma
Supreme Ind
Tata Coffee
Taneja Aerospac           
Tatva Chintan
Triveni Engg
TVS Motor
United Spirits
Vaibhav Global

Quarterly Results News 

Axis Bank 

Net Interest Income growth of 32.4 percent year-on-year in the December quarter is the best in nearly seven years. Return ratios have also been the best in seven-and-a-half years or more. Asset quality is also the best in close to seven years. However, deposit growth of 9.9 percent year-on-year is the weakest in seven quarters while slippages are elevated. Net Interest Margin of 4.26 percent is at a 30-quarter high.


Dilip Buildcon

Bhopal-based construction company on Monday said its joint venture company with Skyway Infraprojects has been declared the lowest bidder for a Rs 1,947-crore project in Madhya Pradesh. "Dilip Buildcon Limited through Dilip Buildcon Limited - Skyway Infraprojects Pvt. Ltd has been declared as L-1 bidder for the tender floated by Madhya Pradesh Jal Nigam Maryadit, Bhopal (M.P), order worth Rs. 1947.06 crore," the infrastructure company said in a regulatory filing.


Jammu and Kashmir Bank 

 Jammu and Kashmir Bank on Monday said its December quarter net profit rose 79 percent to Rs 311.59 crore. The net profit rose to Rs 311.59 crore as against Rs 173.95 crore registered for the same period last fiscal, a bank spokesperson said during its December quarter results announcement. The bank was well on its trajectory to meet annual profitability targets, the spokesperson added.


Maruti Suzuki

The company has announced the decision to recall 11,177 Grand Vitara vehicles manufactured between August 8 and November 15, 2022 due to a suspected defect in rear seat belt mounting brackets, which in a rare case may loosen in the long run and impact functionality. The inspection and replacement of the affected parts will be done free of cost. The company will also report its December quarter results today.


Gland Pharma 

Gland Pharma Ltd on Monday reported a 15 percent decline in consolidated net profit at Rs 231.95 crore for the third quarter ended December 2022, impacted by production delays due to supply disruptions. The company had posted a consolidated net profit of Rs 273.03 crore in the same period last fiscal, Gland Pharma said in a regulatory filing.


Shoppers Stop 

 Retail chain Shoppers Stop on Monday reported an 18.86 percent decline in consolidated net profit at Rs 62.74 crore in the third quarter that ended on December 31, 2022. The company had posted a consolidated net profit of Rs 77.32 crore in the same period last fiscal, it said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,137.07 crore as against Rs 958.11 crore in the same period a year ago, it added.


Tata Motors 

 Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under Indian law.


Welspun Corp 

Associate company East Pipes Integrated Company for Industry in the Kingdom of Saudi Arabia has announced signing of contracts for the supply of steel pipes for water transmission with a total value of around 569 million Saudi Riyal. One of the contracs is with NEOM, valued at 373 million Riyal, where the pipes have to be supplied within 12 months. The financial impact of the same will be in Q1 of the next financial year. The second order is with Petrojet, valued at 196 million Riyal and the financial impact of the same would be in the first and second quarter of next year.

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