Tata Steel, Adani Enterprises, HAL and other stocks to watch out for on May 5

May 5, 2021

By: Rounak Jain

Tata Steel

India’s top steel manufacturer will announce its March 2021 quarter results today.

Credit: Tata-Steel

Adani Enterprises

The Adani group company is all set to announce its March 2021 quarter results today.

Credit: Adani-Enterprises

Hindustan Aeronautics

It has entered into a memorandum of understanding with Rolls Royce for packaging, installation, marketing and services support for Rolls Royce MT30 marine engines in the country.

Credit: Hindustan-Aeronautics

Earnings today

Tata Steel, Adani Enterprises, Adani Green Energy, CEAT, Deepak Nitrite, Craftsman Automation, Gillette India, JM Financial, ABB Power Products and Systems India, Shalby.

Credit: Pixabay

Adani Ports & SEZ

Its March 2021 quarter net profit jumped nearly 4 times to ₹1,320 crore from ₹340 crore, while revenue increased by 24 percent to ₹3,608 crore, year-on-year.

Credit: Adani-Ports

RBL Bank

Its March 2021 quarter net profit fell 34 percent to ₹75 crore and net interest income saw a decline of 11 percent to ₹906 crore, year-on-year.

Credit: RBL-Bank

Adani Total Gas

Its March 2021 quarter net profit rose 18 percent to ₹144 crore, while revenue surged 25 percent to ₹614 crore, year-on-year.

Credit: Adani-Total-Gas

SBI Cards and Payment Services

It plans to raise ₹455 crore via issue of non-convertible debentures.

Credit: SBI-Cards-and-Payment-Services

InterGlobe Aviation

Its board is scheduled to meet on May 7 to consider fund raising via qualified institutional placement (QIP).

Credit: BCCL

Wipro

The IT services company has announced the launch of its new innovation centre in Holborn, London.

Credit: Wipro

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