ITC, Auto stocks, InterGlobe Aviation and other stocks to watch out for on June 1

Jun 1, 2021

By: Rounak Jain

ITC

The tobacco-to-FMCG giant will declare its March 2021 quarter results today.

Credit: ITC

Auto stocks

Automobile companies will declare their May 2021 sales numbers today.

Credit: BCCL

InterGlobe Aviation

The airline has announced 4 days of compulsory leave without pay for senior employees till September 2021 due to a decline in passenger traffic.

Credit: BCCL

Earnings today

ITC, Balrampur Chini Mills, Gujarat Gas, Salasar Techno Engineering, Emami Paper, Radico Khaitan.

Credit: Pixabay

Punjab National Bank

It has reduced its benchmark one-year marginal cost of funds-based lending rate by 0.05 percent to 7.3 percent.

Credit: BCCL

Honeywell Automation India

It reported a fall in its March 2021 quarter net profit to ₹104 crore from ₹111 crore. Revenue fell by over 4 percent to ₹673 crore, year-on-year.

Credit: Honeywell-Automation-India

Cipla

The pharma giant is in talks with the government for clarity and guidance on the roadmap for importing vaccines in the country.

Credit: Cipla

Asian Granito India

Its March 2021 quarter net profit tripled to ₹20 crore while revenue surged by over 68 percent to ₹434 crore, year-on-year.

Credit: Asian-Granito-India

Canara Bank

It has appointed S K Majumdar as its new chief financial officer (CFO).

Credit: BCCL

Magma Fincorp

Its net loss in the March 2021 quarter widened to ₹648 crore from ₹355 crore a year ago. Serum Institute’s Adar Poonawalla has been appointed as chairman.

Credit: Magma-Fincorp

Two Omicron cases reported in India and both are from Karnataka ⁠