Tata Steel, InterGlobe Aviation, Hero MotoCorp and other stocks to watch out for on May 24

May 24, 2021

By: Rounak Jain

Tata Steel

It will replace the state-owned ONGC in the BSE Sensex from June 21.

Credit: Tata-Steel

InterGlobe Aviation

IndiGo’s fleet of Airbus A320neo, A310neo and A321 XLR aircraft will be powered by 620 new Leap-1A engines from CFM International.

Credit: BCCL

Hero MotoCorp

It will resume manufacturing at all of its plants from May 24. Operations will resume with only a single shift, for now.

Credit: Hero-MotoCorp

Earnings today

Barbeque Nation Hospitality, Grasim Industries, India Cements, JSW Holdings, Mahanagar Gas, Ramco Cements, Ramco Industries, IG Petrochemicals.

Credit: Pixabay

JSW Steel

Its March 2021 quarter net profit surged to ₹4,191 crore from ₹188 crore, while revenue increased by 51 percent to ₹26,934 crore, year-on-year.

Credit: JSW-Steel

United Spirits

It reported a 4-time jump in its net profit to ₹203 crore in the March 2021 quarter, while revenue increased by 12 percent to ₹2,230 crore, year-on-year.

Credit: United-Spirits

Amara Raja Batteries

The Amaron battery maker reported a 38 percent surge in net profit in the March 2021 quarter to ₹189 crore, while revenue increased by 33 percent to ₹2,103 crore on the back of robust sales, year-on-year.

Credit: Amara-Raja-Batteries

Dr Lal PathLabs

It reported a 2.5-time surge in net profit in the March 2021 quarter to ₹85 crore, while revenue jumped by over 43 percent to ₹431 crore thanks to a rise in non-COVID business, year-on-year.

Credit: Dr-Lal-PathLabs

Shree Cement

Its March 2021 quarter net profit rose by 30 percent to ₹768 crore while revenue increased 22 percent to ₹3,931 crore, year-on-year.

Credit: Shree-Cement

Natco Pharma

It has received approval from the USFDA for Lenalidomide capsules to be used for treatment of adults with multiple myeloma, mantle cell lymphoma and myelodysplastic syndromes.

Credit: Natco-Pharma

Two Omicron cases reported in India and both are from Karnataka ⁠