Nestle India, United Breweries, Tatva Chintan Pharma Chem and other stocks to watch out for on July 29

Jul 29, 2021

By: Rounak Jain

Nestle India

Its June 2021 quarter net profit increased by 10.7 percent to ₹539 crore, while revenue increased by 14 percent to 3,477 crore, year-on-year.

Credit: Nestle-India

United Breweries

Swung back to the black in June 2021 quarter with a net profit of ₹31 crore against a loss of ₹114 crore a year ago. Revenue more than doubled to ₹1,118 crore from ₹507 crore, year-on-year.

Credit: United-Breweries

Tatva Chintan Pharma Chem

Its shares will be listed on the stock exchanges today.

Credit: Tatva-Chintan-Pharma-Chem

Earnings today

Tech Mahindra, LIC Housing Finance, TVS Motor Company, PVR, Mahindra Holidays & Resorts India, Future Retail, Union Bank of India, Colgate Palmolive (India), Indus Towers, Punjab & Sind Bank, Laurus Labs, among others.

Credit: Pixabay

IPO Watch

Glenmark Life Sciences IPO was subscribed 5.43 times on Day 2. Rolex Rings IPO got subscribed 3.53 times on Day 1.

Credit: Flickr

Axis Bank

RBI has imposed a penalty of ₹5 crore for contravening certain provisions, including a cybersecurity framework.

Credit: Axis-Bank

Mahanagar Gas

Its June 2021 quarter net profit stood at ₹204 crore against a loss of ₹45 crore a year ago. Revenue more than doubled to ₹685 crore from ₹302 crore in the same period.

Credit: Mahanagar-Gas

ABB India

Its June 2021 quarter net profit jumped by 4 times to ₹68 crore from ₹17 crore a year ago. Revenue surged by 45 percent to ₹1,425 crore in the same period.

Credit: ABB-India

Happiest Minds Technologies

Reported a 1 percent fall in net profit in the June 2021 quarter to ₹36 crore from ₹36 crore a quarter ago. Revenue surged by 13 percent to ₹332 crore, quarter-on-quarter.

Credit: Happiest-Minds-Technologies

Route Mobile

Reported a net profit of ₹34 crore in the June 2021 quarter as against ₹27 crore a year ago. Revenue increased by 22 percent to ₹378 crore, year-on-year.

Credit: Route-Mobile

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