Bank of India, Lemon Tree, Eveready Industries among stocks to watch out for on April 26

Apr 26, 2022

By: Bhakti Makwana

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

Boeing is delaying its 737 Max production expansion after the Alaska Airlines door plug incident