SBI, JSW Steel, United Spirits and other stocks to watch out for on May 21

May 21, 2021

Credit: BCCL

SBI

India’s largest bank is scheduled to declare its March 2021 quarter results today.

Credit: Wikimedia

JSW Steel

The steelmaker is scheduled to declare its March 2021 quarter results today.

Credit: JSW Steel

United Spirits

The Diageo subsidiary and world’s second largest spirits company, by volume, will declare its March 2021 quarter results today.

Credit: United Spirits

HPCL

The state-owned oil marketing company declared a 29 percent increase in net profit to ₹3,018 crore in the March 2021 quarter. Revenue surged to ₹85,204 crore, year-on-year.

Credit: BCCL

Zee Entertainment

It reported a net profit of ₹276 crore in the March 2021 quarter against a loss of ₹767 crore, while revenue increased marginally to ₹1,966 crore from ₹1,951 crore, year-on-year.

Credit: Zee Entertainment

Mindtree

It has signed an agreement with its parent company L&T to acquire the NxT Digital Business for ₹198 crore.

Credit: Mindtree

Torrent Power

It reported a net profit of ₹398 crore in the March 2021 quarter against a loss of ₹274 crore. Revenue increased marginally by 3 percent to ₹3,084 crore, year-on-year. It will issue non-convertible debentures of up to ₹2,000 crore.

Credit: Torrent Power

Havells India

It reported a surge in net profit by 71 percent to ₹302 crore, while revenue increased 50 percent to ₹3,331 crore, year-on-year.

Credit: Havells India

City Union Bank

RBI has imposed a penalty of ₹1 crore for violation of certain provisions of the central bank related to lending to the MSME sector, educational, and agricultural loans.

Credit: City Union Bank

Earnings today

SBI, JSW Steel, United Spirits, Hindalco Industries, Shree Cement, Aarti Surfactants, Container Corporation of India, Crompton Greaves Consumer Electricals, Dr. Lal Pathlabs, Godrej Industries, South Indian Bank.

Credit: Pixabay