Maruti Suzuki, Tech Mahindra, InterGlobe Aviation and other stocks to watch out for on April 27

Apr 27, 2021

Credit: BCCL

Maruti Suzuki

It will declare its March 2021 quarter results today.

Credit: BCCL

Tech Mahindra

Its March 2021 quarter net profit fell by 17.4 percent to ₹1,081 crore, while revenue rose marginally by 0.9 percent to ₹9,730 crore.

Credit: Tech Mahindra

InterGlobe Aviation

The Director General of Civil Aviation (DGCA) has announced extension of fare capping on domestic flights till May 31, and operation of flights at 80 percent capacity.

Credit: BCCL

HDFC Life Insurance

It reported an increase in net profit in the March 2021 quarter at ₹319 crore, while net premium income jumped nearly 23 percent to ₹12,870 crore, year-on-year.

Credit: HDFC Life Insurance

Private banks

The Reserve Bank of India (RBI) has announced capping of tenure of MDs and CEOs of private banks at 15 years.

Credit: Business Insider India

SBI Cards and Payment Services

Its March 2021 quarter net profit increased by over two times to ₹175 crore, while revenue fell to ₹2,309 crore from ₹2,433 crore, year-on-year.

Credit: SBI Cards

Tata Motors

It has set in motion its ‘Business Agility Plan’ in view of lockdowns being enforced in parts of the country, stating that it expects a temporary impact on demand.

Credit: BCCL

Castrol India

It nearly doubled its net profit in the March 2021 quarter to ₹243 crore, while revenue increased by nearly 66 percent to ₹1,139 crore, year-on-year.

Credit: BP India

IRCTC

The Lucknow-New Delhi Tejas Express train has been suspended in light of an increase in COVID-19 cases.

Credit: BCCL

SAIL

It will shut down its Bhilai steel mill temporarily to enhance liquid oxygen production by 15 tonnes.

Credit: SAIL