Bajaj Finance, Wipro, United Breweries among stocks to watch out for on April 27

Apr 27, 2022

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Bajaj Finance

The non-banking finance company (NBFC) reported 80 percent year-on-year (YoY) growth in profit at ₹2,420 crore in Jan-March quarter.

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Wipro

The information technology (IT) giant has announced plans to acquire US-based SAP consulting firm, Rizing Intermediate Holdings Inc for $540 million.

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Macrotech Developers

Realty firm that also goes under brand name Lodha Group reported a multi-fold jump in consolidated net profit (YoY)for FY22 at ₹1,208 crore.

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United Breweries

The Kingfisher beer manufacturer reported a 67 percent increase in its consolidated net profit (YoY) at ₹163.78 crore for January-March quarter led by good volume growth.

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Tata Coffee

The company posted a 12.04 percent growth in its consolidated profit (YoY) at ₹64.28 crore for the quarter ended March.

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AU Small Finance Bank

The bank's net profit for March quarter more than doubled to ₹346 crore from ₹169 crore in the same period last year. Also, the lender approved a bonus issue in the ratio of 1:1, which means one additional share for every one share held.

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IIFL Securities

The company reported 3 percent growth in profit after tax (YoY) at ₹79.7 crore for the fourth quarter ended March 2022.

Credit: IIFL Securities

IPO

Rainbow Children’s Medicare opens its IPO today while it is the second day to subscribe to Campus Activewear IPO.

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Q4 earnings results

Hindustan Unilever, Bajaj Auto, HDFC Asset Management Company, Hatsun Agro Product, Indian Energy Exchange, 5paisa Capital, Indian Hotels Company, Persistent Systems, Trent, Mahindra Lifespace Developers among companies that will release its March quarter earnings today.

Credit: BCCL