Stocks to watch today: Airtel, Nykaa, Hindalco, BPCL, Tata Power, and others

nifty Futures on the Singapore Exchange were trading 93 points or 0.57 per cent higher at 16,269, indicating that Dalal Street was headed for a positive start on Friday. Benchmark BSE in the previous session Sensex ended at 54,252.53 and NSE, up 503.27 points or 0.94 per cent nifty The 50 closed at 16,170.20, up 144.40 points or 0.90 per cent. ,market A relief rally was witnessed with Nifty ending the session near the day’s high after a correction of 3 days. Also, short covering on monthly FNO expiry helped the market recover. Nifty now needs to hold above 16061 zones to move towards 16400 and 16500 levels,” said Siddharth Khemka, Head – Retail Research, Motilal Oswal Financial Services.

result today

JSW Steel, FSN E-Commerce Ventures (Nayaka), Jubilant Pharma, Jubilant Industries, Aarti Industries, GAIL, Glenmark Pharma, Godrej Industries, India Cements, PB Fintech (Policy Bazaar), Ruchi Soya, Ion Exchange, Info Edge India, Jaypee Power, Aegis Logistics, Akzo Nobel India, Apar Industries, Arvind Fashions, Astral Pipes, Atul Auto, Balmar Lawrie, BEML, Crompton Greaves Consumer Electricals , City Union Bank, Edelweiss Financial Services, Engineers India, ESAB India, Everest Industries, Exaro Tiles, Future Consumer, Force Motors, Heritage Foods, HT Media, Inox Wind, Ircon International, Kalyani Forge, Karnataka Bank, Lemon Tree Hotels, Main Industries, Oil India Limited, Ramky Infrastructure, Sun TV, Tarsan Products, TCNS Brands, United Spirits, VRL Logistics, Wabag.

Paradip Phosphate

The non-urea fertilizer manufacturer will be listed on the stock exchanges today. The company’s initial public offering of Rs 1,501.73 crore of the company was open for subscription between May 17-19 as the company sold its shares in the range of Rs 39-42.

Hindalco Industries

The Aditya Birla Group firm reported a 99.7 per cent rise in its consolidated profit after tax at Rs 3,851 crore for the quarter ended March, 2022. The company posted a consolidated PAT of Rs 1,928 crore in the year-ago quarter.

ONGC

India’s top oil and gas producer said it would invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves that could boost the country’s output in its effort to become self-reliant in the energy sector.

NMDC

The state-owned miner said its consolidated net profit fell 36 per cent to Rs 1,812.98 crore for the quarter ended March 31, driven by higher expenses. The company had posted a net profit of Rs 2,835.54 crore during the January-March quarter of 2020-21.

Tata Power

Power Player’s renewable energy arm announced the commissioning of a 100 MW solar project in Partur, Maharashtra for Maharashtra State Electricity Distribution Company. According to the statement, the installation comprising more than 4,11,900 monocrystalline PV modules is expected to reduce CO2 by about 234 million tonnes annually.

Piramal Enterprises

The leading NBFC reported a consolidated net profit of Rs 150.53 crore for the fourth quarter ended March 31, 2022. The company had reported a consolidated net loss of Rs 510.39 crore in the corresponding period of the previous financial year.

Oberoi Realty

The real estate player reported a 19 per cent decline in consolidated net profit at Rs 232.65 crore for the March quarter on account of higher spending. Its net profit stood at Rs 286.85 crore in the same period a year ago.

Muthoot Finance

The non-banking finance company, mainly in gold loan services, posted a marginal decline in its consolidated net profit at Rs 1,006.23 crore for the quarter ended March, as core interest income fell. It had reported a net profit of Rs 1,023.76 crore in the same period a year ago.

zee Entertainment enterprise

The media major reported a consolidated net profit of Rs 181.93 crore for the March quarter. The company had posted a net profit of Rs 272.36 crore in the January-March quarter a year ago.

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