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.
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