HDFC Bank, ICICI Bank, Tejas Networks among stocks to watch out for on April 25

Apr 25, 2022

By: Bhakti Makwana

ICICI Bank

The lender reported a 58 percent year-on-year jump in net profit to ₹7,719 crore for Jan-March quarter aided by fall in bad loans and growth in income from lending.

Credit: BCCL

HDFC Bank

The bank announced a dividend of ₹15.50 per equity share for the year ended March 2022, which is the highest in the last 11 years.

Credit: RailTel-Corporation-of-India

RailTel Corporation of India

The company said that it has received a work order from Odisha government’s electronics and information technology department worth ₹122.08 crore for five years.

Credit: RailTel-Corporation-of-India

Tata Metaliks

The company reported a nearly 30 percent year-on-year decline in profit at ₹52.5 crore for March quarter due to higher input costs. However, revenue increased 22 percent to ₹808 crore.

Credit: Tata-Metaliks

Tejas Networks

The company posted a consolidated net loss of ₹49.6 crore in Jan-March as compared to a net profit of ₹33.6 crore last year.

Credit: BCCL

Hindustan Zinc

The company reported a 18 percent year-on-year rise in consolidated net profit to ₹2,928 crore for Jan-March quarter on higher volumes and increase in metal prices.

Credit: BCCL

Aditya Birla Money

The company has doubled its profit to ₹7.62 crore in the March quarter from ₹3.68 crore during the same period last year.

Credit: BCCL

Torrent Power

The firm has inked a pact with SkyPower group to acquire a 50 megawatt solar power plant in the southern state of Telangana for around ₹417 crore.

Credit: Torrent-Power

Earnings results today

Tatva Chintan Pharma Chem, Tata Investment Corporation, Eveready Industries India, Mahindra CIE Automotive, Meghmani Finechem, Maharashtra Scooters, Snowman Logistics, Steel Exchange India among companies to come out with Jan-March results today.

Credit: BCCL

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