Axis Bank, Maruti Suzuki, Hero MotoCorp, SBI Card and other hot stocks on January 25

Jan 25, 2022

By: Rounak Jain

Axis Bank

The private lender’s net profit rose by more than three times to ₹3,614 crore from ₹1,117 crore, while revenue surged over 17 percent to ₹8,653 crore, year-on-year.

Credit: Axis-Bank

Maruti Suzuki

India’s largest car maker will declare its December quarter results today.

Credit: BCCL

Hero MotoCorp

To invest up to ₹700 crore in Hero FinCorp, its associate engaged in offering finance to consumers and commercial entities.

Credit: Hero-MotoCorp

SBI Cards

Reported a 84 percent increase in net profit to ₹386 crore while revenue surged 20 percent to ₹2,889 crore, year-on-year. Net non-performing assets stood at 0.83 percent.

Credit: SBI-Cards

Burger King India

Halved its losses to ₹15 crore from ₹29 crore a year ago. Revenue surged over 71 percent to ₹280 crore, year-on-year.

Credit: Unsplash

Deepak Nitrite

Reported a net profit of ₹242 crore as against ₹217 crore a year ago. Revenue surged 40 percent to ₹1,722 crore.

Credit: Deepak-Nitrite

Future Retail

Reported that it has missed making interest payments due on one of its senior secured notes.

Credit: BCCL

IndiaMart

To invest ₹61.55 crore in Simply Vyapar Apps, a company that makes GST billing and invoicing software.

Credit: IndiaMart

Earnings today

Maruti Suzuki, CarTrade Tech, United Spirits, Federal Bank, Finolex Industries, Torrent Pharma, Raymond, RPG Life Sciences, Macrotech Developers, among others.

Credit: Pixabay

Amazon is reportedly testing a program that involves Flex drivers making deliveries from mall retailers