Updated : 2020-08-06 07:21:20
The Indian economy is very likely to start higher on Thursday before the Reserve Bank of India’s (RBI) financial policy amid combined worldwide cues. At 7:05 am, the SGX Nifty was trading 37.00 0 or points.33 percent greater at 11,153.00, signaling a positive beginning to the Sensex and Nifty50.
Banks/NBFCs: Financial stocks is going to be responsible before the Reserve Bank of India’s (RBI) financial policy now. (Image: Reuters)
HDFC Ltd: The company has established QIP in a flooring price of Rs 1,838.94 each share. It’ll increase Rs 14,000 crore through equity and warrants and Rs 9,000 crore through NCDs.
Max Financial: Promoter Max Ventures Investment Holdings has marketed 61 lakh shares (2.26 percent stake) of the business at Rs 535.18 each share. The stake sale was worth Rs 326.46 crore.
InterGlobe Aviation: The company’s board will meet August 10 to think about raising capital.
DLF: The property developer reported that a net loss of Rs 71.5 crore at Q1FY21 according to a profit of Rs 413.9 crore at the year-ago period. Revenue dropped 58.8 per cent to Rs 548.6 crore from Rs 1,331.2 crore, YoY.
Alkem Laboratories: The firm has established Favipiravir in India under the brand name ‘Alfluenza’ for the treatment of mild to medium COVID-19. (Image: Reuters)
Canara Bank: The bank’s net gain in Q1FY21 climbed 23.5 percent to Rs 406.24 crore from Rs 329.07 crore while total income rose to Rs 20,685.91 crore from Rs 14,062.39 crore, YoY.
Adani Gas: The company’s net gain in Q1FY21 dropped to Rs 38.91 crore from Rs 79.31 crore while earnings dropped to Rs 206.6 crore from Rs 479 crore, YoY.
JK Lakshmi Cement: The organization declared Q1FY21 gain at Rs 48.9 crore vs Rs 49.8 crore while earnings was at Rs 911.5 crore versus Rs 1,136.3 crore, YoY.
Inox Leisure: The company has reported a loss of Rs 73.64 crore in Q1FY21 as against a profit of Rs 27.01 crore while revenue was 0.25 crore vs Rs 493 crore, YoY. The firm’s board has approved a resolution of raising up to Rs 250 crore through the issuance of equity shares or other securities.
Punjab and Sind Bank: The bank has declared NPA account worth Rs 32.84 crore with SEW LSY Highways as fraud and reported to RBI.
National Fertilizers: The company’s sales at Q1FY21 rose 20 percent to 18.79 lakh MT. Urea earnings climbed 17 percent to 15.87 lakh MT.
VIP Industries: The firm posted a net loss of Rs 51.3 crore at Q1FY21 compared to a gain of Rs 35.1 crore, YoY. Revenue declined to Rs 40.3 crore from Rs 564.2 crore, YoY.
Vivimed Labs: The organization has obtained an export order for the source of ‘Favulous’ pills 200 milligrams (Favipiravir) which can be used for treating mild to moderate cases of COVID-19.
Revenue: Lupin, HPCL, Adani Enterprises, Adani Power, Vodafone Idea, Pidilite Industries, Bayer Cropscience, Blue Star, Dalmia Bharat, Deepak Nitrite, Embassy Office Parks REIT, Gujarat Pipavav Port, Gujarat State Petronet, HCL Infosystems, Honeywell Automation, Indian Hotels, JK Tyre, Lemon Tree Hotels, Novartis India, Torrent Power, Whirlpool of India, Amongst Others.