Nestle India, United Breweries, Tatva Chintan Pharma Chem and other stocks to watch out for on July 29
Jul 29, 2021
Credit: BCCL
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