HUL, ONGC, Bajaj Auto among stocks to watch out for on April 28

Apr 28, 2022

By: Bhakti Makwana

Hindustan Unilever

The fast-moving consumer goods (FMCG) giant has reported an 8.6 percent year-on-year growth in net profit at ₹2,327 crore for the March quarter. It also announced a dividend of ₹19 per share for FY22.

Credit: BCCL

Oil and Natural Gas Corporation (ONGC) (credit ongc)

The company has signed a memorandum of understanding (MoU) with Equinor ASA, the Norwegian state-owned multinational energy company for collaboration in exploration, production as well as clean energy options.

Credit: ONGC

Bajaj Auto

The automaker announced that its net profit declined by 2 percent year-on-year to ₹1,526 crore in Jan-March quarter.

Credit: BCCL

HDFC Asset Management Company (AMC)

The company reported an 8.7 percent rise year-on-year in net profit at ₹343.55 crore for the quarter ended March.

Credit: Tata-Consumer-Products

Indian Hotels Company

The company posted a profit of ₹71.57 crore for Jan-March quarter as against a loss of ₹91 crore in the year ago period.

Credit: Tata-Consumer-Products

Tata Consumer Products

Life Insurance Corporation of India (LIC) has bought 1.36 lakh equity shares in the company via open market transactions on April 26.

Credit: Tata-Consumer-Products

Persistent Systems

The company reported a 45.9 percent year-on-year growth in net profit at ₹200 crore in the March quarter.

Credit: BCCL

Trent

The company reported a loss of ₹20.87 crore in Jan-March quarter as against a profit of ₹17.44 crore in the same period last year due to rise in overall expenses.

Credit: BCCL

Novartis India

The company has appointed Shilpa Joshi as the chief financial officer and key managerial personnel, with effect from May 1, 2022.

Credit: BCCL

IPO watch

Today is the last day to subscribe to Campus Activewear IPO and the second day to subscribe to Rainbow Children's Medicare IPO.

Credit: BCCL

Earnings results

Axis Bank, Bajaj Finserv, Ambuja Cements, SBI Life Insurance Company, Vedanta, Agro Tech Foods, Biocon, IIFL Finance, IndiaMART InterMESH, Laurus Labs, Motilal Oswal Financial Services, Mphasis, Procter & Gamble Hygiene & Health Care, PNB Housing Finance, Shoppers Stop are among companies that will release their quarterly earnings today.

Credit: BCCL

Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%