InterGlobe Aviation, Maruti Suzuki, IndusInd Bank and other stocks to watch out for on July 28

Jul 28, 2021

By: Rounak Jain

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.

Credit: Flickr

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

Tech Mahindra's attrition rate is nearly twice that of TCS