Bharti Airtel, HDFC, Zee Entertainment among stocks to watch out for on May 27

May 27, 2022

By: Bhakti Makwana

Zee Entertainment Enterprise

The company’s consolidated net profit declined 33 percent to ₹182 crore for the Jan-Mar quarter as against ₹272 crore last year.

Credit: BCCL

HDFC

The country’s largest mortgage lender has sold 10 percent of its stake in HDFC Capital Advisors (HCAL) to Abu Dhabi Investment Authority for ₹184 crore.

Credit: BCCL

Bharti Airtel

Moody's Investors Service has upgraded the telecom operator's rating to Baa3, citing strong operational metrics and stable financial profile.

Credit: BCCL

Hindalco Industries

The aluminum and copper manufacturing company reported its highest-ever quarterly net profit, which doubled on year to ₹3,851 crore for Jan-Mar quarter.

Credit: Hindalco-Industries

Union Bank of India

The state-owned lender will raise up to ₹8,100 crore through equity shares, additional tier I capital and tier II bonds.

Credit: NMDC

Muthoot Finance

The company's consolidated net profit dipped 2.3 per cent year on year to ₹997 crore for the quarter ended March.

Credit: NMDC

NMDC

The state-owned iron ore producer’s consolidated net profit fell 36 percent to ₹1,812 crore for the quarter ended March.

Credit: NMDC

IPO watch

The fertilizer company Paradeep Phosphates will debut on exchanges today.

Credit: BCCL

Earnings today

JSW Steel, GAIL, United Spirits, Glenmark Pharmaceuticals, Godrej Industries, Indiabulls Real Estate Ltd, Inox Wind, Lemon Tree Hotels, Nykaa, PB Fintech, Ruchi Soya among companies to release its quarterly results today.

Credit: BCCL

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