Everything you need to know to start trading on July 19th
Punjab chemicals and crop protection: Has published its annual report. Posted 23% year-over-year consolidated revenue growth to Rs 678.2 crore in fiscal year 21. EBITDA also increased 75% to Rs 97.3 crore during the year. Profit after tax for the year stood at Rs 49.1 crore. A dividend of Rs 2 per share for the year was also declared.
Tata Power, HPCL: The two companies have partnered to provide end-to-end charging stations for electric vehicles to HPCL gas pumps in several cities and major highways across the country.
Dr Reddy’s / Lupine: Bristol-Myers settles two patent disputes over blockbuster Sprycel
Sintex: Damage from Cyclone Tauktae to the company’s plant in Lunsapur, Gujarat affected capacity utilization. He added that restoration works are underway and 50% of capacity utilization has been achieved.
SMC Global Securities: Has published its annual report. President Subhash Chand Aggarwal said the year under review has been “the most difficult” for industries and businesses around the world. He added that the operations of some essential service providers, including securities market intermediaries licensed to operate with limited capacity on-site, have helped the company continue operations.
Kirloskar Group: Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar Ferrous Industries and Kirloskar Industries have undertaken a refresh covering company vision, offerings, technology, brand articulation and employee practices. The “refresh” will span eight business areas, laying the groundwork for plans in the B2C realm while continuing to fuel the growth of B2B businesses. This will include significant investments over two to three years in all lines of business. It also involves the infusion of new technology, aside from new offerings, including real estate and NBFC.
Shree Cement: Has published its annual report. The company recorded 35.4% revenue growth and 30.4% EBITDA growth in the second half of FY21 compared to the first half of the year, resulting in annual growth overall revenue of 5.7% and EBITDA growth of 11.8% year-on-year. The company also plans to reach a capacity of 80 million tonnes per year by 2030.
Century Plyboards India: Increase of its stake in Century Infotech from 60.06% to 99.81% following the acquisition of 19 85 280 shares from other existing shareholders.
Bank of Maharashtra: The bank has closed the qualified institutional placement offer period. He received Rs 403.7 crore from eligible qualified institutional buyers. The bank had issued shares at a price of 23.7 rupees per share, a discount of 4.78% from the floor price of 24.89 rupees it had determined.
AstraZeneca Pharma India: Has published its annual report. The company’s sales fell to Rs 776.8 crore compared to sales of Rs 801.3 crore last year. The company said that the performance for the current year had been affected mainly due to the loss of exclusivity of Ticagrelor (Ex-Tica growth of 9.3%). In addition, the global pandemic has also had a significant impact on the healthcare industry, resulting in a drastic reduction in patient attendance at hospitals, coupled with postponement of elective procedures by patients.
Johnson Prism: India Ratings and Research assigned A + (stable) to the issuer’s long-term rating, MNTs, term loans, and fund-based limits. It assigned an A1 + rating to its unsecured working capital limits, unsecured short-term loans and commercial paper program. It assigned an AA- rating to its term deposit program.
Patel Engineering: Approved the allocation of 1.37 crore of shares at a price of Rs 14.78 per share to Canara Bank, for a total of Rs 20.36 crore.
Marriage.com: Has published its annual report. The company reported sales of Rs 377.87 crore during the year, up 1.63% year on year. EBITDA stood at Rs 70.58 crore, an increase of 25.99%. The consolidated net profit of the company was Rs 40.77 crore, an increase of 38.05%. He added that he had an impact on billing in the last 2 weeks of March 2020 in the matchmaking industry. This affected activity in the first quarter of FY21, where it was down 14.32% quarter on quarter. He added that he had seen a sharp increase in paid profiles.
Indian Overseas Bank: Has published its annual report. The bank said it posted a net profit of Rs 831 crore for the year after continuously posting net losses over the past 6 years. The gross NPA has also been drastically reduced from Rs 19,913 crore to Rs 16,323 crore.
Nesco: Has published its annual report. The company’s consolidated turnover fell to Rs 355.69 crore from Rs 474.27 crore. Pre-tax profit for the year also fell to Rs 216.30 crore from Rs 292.28 crore. A dividend of Rs 3 per share was recommended.
AkzoNobel India: Has published its annual report. Operating income for the year fell 9% to Rs 2,421.4 crore while profit fell 12.5% to Rs 207.6 crore. The company said the fiscal year was unprecedented and that external variables like Covid-19 had an impact on economic growth, demand, commodity prices and the movement of currencies.
Justdial, Reliance Retail Ventures: The retail unit of Reliance Industries Ltd. has agreed to purchase a controlling stake in local search and ad company Just Dial Ltd. for Rs 5,719 crore. Reliance Retail Ventures Ltd. will acquire 25.35% via a preferential allocation of 2.11 crore shares at Rs 1,022.25 each, for a total of Rs 2,164.9 crore, according to an exchange document. The preferred issue will receive a 4.9% discount from Friday’s closing price of Rs 1,073 each.
Future consumer: National Company Law Court, Mumbai Bench authorized the plan of arrangement between Athena Life Sciences and Future Consumer.
Rossari Biotech: Buy Tristar intermediaries for a value of Rs 120 crore
Sundaram funding: Provides up to Rs 500 crore to sell two-part bonds
Scheduled earnings: Mangalam Cement (July 18), HCL Technologies, ACC, Allsec Technologies, Alok Industries, GTPL Hathway, HDFC Life Insurance Company, Indian Bank, Mastek, Nippon Life India Asset Management, PSP Projects, Supreme Petrochem, Swaraj Engines