InterGlobe Aviation, Maruti Suzuki, IndusInd Bank and other stocks to watch out for on July 28
Jul 28, 2021
Credit: BCCL
InterGlobe Aviation
The IndiGo operator reported a widening of its net loss to ₹3,174 crore in the June 2021 quarter against ₹2,844 crore a year ago. Revenue jumped four times to ₹3,007 crore in the same period.
Credit: BCCL
Maruti Suzuki
The car maker will report its July 2021 quarter results today.
Credit: BCCL
IndusInd Bank
Its June 2021 quarter net profit more than doubled to ₹975 crore, while net interest income increased by 7.7 percent to ₹3,564 crore, year-on-year. Net non-performing assets rose to 0.84 percent from 0.69 percent, quarter-on-quarter.
Credit: BCCL
Earnings today
Maruti Suzuki, Nestle India, United Breweries, Central Bank of India, Happiest Minds Technologies, ABB India, Mahanagar Gas, Welspun India, Tata Coffee, Heritage Foods, Radico Khaitan, Ramco Systems, TeamLease Services, among others.
Credit: Pixabay
Torrent Pharmaceuticals
Its net profit in the June 2021 quarter rose marginally to ₹330 crore from ₹321 crore a year ago. Revenue increased by 3.8 percent to ₹2,134 crore, year-on-year.
Credit: Torrent Pharmaceuticals
IPO Watch
Glenmark Life Sciences IPO subscribed 2.78 times on Day 1. Rolex Rings IPO to open today.
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Larsen & Toubro
Its board has approved the amalgamation of its wholly-owned subsidiary, L&T Hydrocarbon Engineering, with the parent company.
Credit: Larsen & Toubro
Cyient
Has signed an agreement to acquire 100 percent stake in WorkForce Delta, an Australian consultancy company.
Credit: Cyient
Dalmia Bharat
Reported a 45 percent surge in net profit in the June 2021 quarter to ₹277 crore, while revenue surged by 36 percent to ₹2,589 crore, year-on-year.
Credit: Dalmia Bharat
Bajaj Healthcare
Its board will meet on August 13 to consider a stock split.
Credit: Bajaj Healthcare