ITC, Aditya Birla Fashion, LIC Housing Finance among stocks to watch out for on May 19

May 19, 2022

By: Bhakti Makwana

ITC

The FMCG major reported an 11 percent rise in its consolidated net profit to ₹4,259 crore for Jan-Mar quarter as against ₹3,816 last year due to strong growth across segments.

Credit: BCCL

InterGlobe Aviation

The airline's chief executive officer Ronojoy Dutta, who will retire on September 30 has asked Pieter Elbers, chief of Air France-KLM’s Dutch unit as his replacement. Also, the firm has postponed its March quarter earnings to May 25.

Credit: BCCL

Aditya Birla Fashion and Retail

The fashion retail company reported a consolidated net profit of ₹31 crore for the March quarter as against a net loss of ₹195 crore during the same period last year.

Credit: BCCL

Indraprastha Gas

The firm reported a rise of 9 percent in net profit to ₹361 crore in Jan-Mar quarter as against ₹331 crore last year.

Credit: BCCL

Manappuram Finance

The non-banking financial company reported a 44 percent decline in its net profit to ₹261 crore in Jan-Mar.

Credit: BCCL

LIC Housing Finance

The home loan company reported a 174 percent surge in net profit to ₹1,114 crore in Jan-Mar as against ₹406 crore in the previous year.

Credit: BCCL

TeamLease Services

The staffing solution company posted a 61 percent jump in consolidated net profit to ₹31 crore for March quarter as compared to ₹19 crore last year.

Credit: BCCL

IPO Watch

Investors who applied for Delhivery and Venus Pipes & Tubes can check their allotment status today.

Credit: BCCL

Earnings today

HPCL, Dr Reddy’s Laboratories, Ashok Leyland, Bosch, Container Corporation of India, Gland Pharma, Godrej Consumer Products, Punjab & Sind Bank, Ujjivan Financial Services among companies to release quarterly earnings today.

Credit: BCCL

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