Bank of India, Lemon Tree, Eveready Industries among stocks to watch out for on April 26
Apr 26, 2022
Credit: BCCL
Bank of India
The bank will raise ₹2,500 crore by issuing fresh equity shares in order to comply with 25 percent minimum public shareholding requirement.
Credit: Veranda Learning Solutions
Bank of Maharashtra
The Reserve Bank of India has imposed a penalty of ₹1.12 crore on the bank for non-compliance with certain directions, including those related to Know Your Customer (KYC) norms.
Credit: Veranda Learning Solutions
Eveready Industries India
The battery maker reported net loss of ₹38.41 crore in Jan-March quarter, which narrowed down from ₹442.53 crore in corresponding period last fiscal
Credit: Veranda Learning Solutions
Veranda Learning Solutions
The edtech firm announced acquisition of leading test prep firm T.I.M.E for ₹287 crore that has a pan-India presence operating through 188 centres.
Credit: Veranda Learning Solutions
Lemon Tree Hotels
The company has signed a licence agreement for a 60-room hotel at Kharar, near Chandigarh under the brand 'Lemon Tree Hotel'. The hotel is expected to be operational by November 2025.
Credit: BCCL
Gujarat Mineral Development Corporation
The company reported consolidated profit of ₹177 crore for Jan-March quarter as compared to loss of ₹184.64 crore during same period last year.
Credit: BCCL
Tatva Chintan Pharma Chem
The company posted a 17 percent year-on-year decline in profit at ₹17.51 crore for March quarter.
Credit: BCCL
Aarti Industries
LIC bought 2.24 lakh equity shares in the company through open market transactions.
Credit: BCCL
Century Textiles and Industries
The company, which is a part of the Aditya Birla group, reported a net income of ₹84 crore in the March quarter as compared to a net loss of ₹5 crore last year.
Credit: Century Textiles and Industries
Q4 results today
Bajaj Finance, HDFC Life Insurance Company, Tata Coffee, Tata Teleservices Maharashtra, United Breweries, Aditya Birla Sun Life AMC, AU Small Finance Bank, IIFL Securities, KPIT Technologies, Macrotech Developers, are among companies that will report their quarterly earnings today.
Credit: BCCL