Hero MotoCorp, Maruti Suzuki, Tata Motors and other stocks to watch out for on May 6

May 6, 2021

By: Rounak Jain

Hero MotoCorp

The two-wheeler maker is scheduled to announce its March 2021 quarter earnings today.

Credit: Hero-MotoCorp

Maruti Suzuki India

Its production in April 2021 fell 7 percent to 1,59,955 units from 1,72,433 units in the previous month.

Credit: BCCL

Tata Motors

The Competition Commission has ordered a probe against the company for alleged abuse of its dominant position to restrict territory of dealerships.

Credit: BCCL

Earnings today

Hero MotoCorp, Tata Consumer Products, Adani Power, Adani Transmission, Blue Star, Coforge, ICRA, IIFL Finance, Procter & Gamble Health, Raymond.

Credit: Pixabay

Tata Steel

It has reported a consolidated net profit of ₹6,644 crore in the March 2021 quarter against a loss of ₹1,481 crore a year ago. Revenue jumped by 39 percent to ₹49,977 crore.

Credit: Tata-Steel

Cipla

Roche India has received emergency use authorisation (EUA) for its antibody formulation Casirivimab and Imdevimab, which will be marketed by Cipla in India.

Credit: Cipla

Adani Green Energy

It reported a consolidated net profit of ₹104 crore from ₹56 crore a year ago, while revenue jumped 42 percent to ₹986 crore.

Credit: Adani-Green-Energy

Godrej Industries

It has approved issuance of up to 7,500 non-convertible debentures totalling ₹750 crore on a private placement basis.

Credit: Godrej-Industries

Force Motors

It produced a total of 1,042 units in the month of April. Its domestic sales stood at 1,094 units and exports at 187 units.

Credit: Force-Motors

Bank of India

It has approved an allotment of 42.11 crore shares at ₹71.23 per share, totaling ₹3,000 crore to the Government of India on a preferential basis.

Credit: BCCL

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