Tata Steel, InterGlobe Aviation, Hero MotoCorp and other stocks to watch out for on May 24
May 24, 2021
Credit: BCCL
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