Stocks to watch today: Hindalco, Infosys, BPCL, Coal India, and others

Nifty futures were trading 111 points or 0.69 per cent higher at 16,133.50 on the Singapore Exchange, indicating that Dalal Street was headed for a positive start on Thursday. The benchmark Sensex of the Indian stock market closed down 303 points for the third day in a row yesterday, extending a downward trend due to heavy selling pressure in IT stocks. The 30 stock S&P BSE Sensex closed 303.35 points or 0.56 per cent lower at 53,749.26 points compared to 54,052.61 points in the previous day. Comprehensive nifty The 50 per cent of the National Stock Exchange closed at 16,025.80, down 99.35 points, or 0.62 per cent.

result today

Hindalco, Motherson Sumi, Muthoot Finance, G Entertainment Enterprises, Aarti Surfactants, Oberoi Realty, Aban Offshore, Allcargo Logistics, Ansal API, Astra Zeneca, Berger Paints, Colgate Palmolive India, Cummins India, Good Year India, Gujarat State Fertilizers Corporation, India Glycols, Jet Airways, Kirloskar Industries, MRO-Tech, NMDC, Page Industries, Prestige Estate Projects, Quess Corp, Shalimar Paints, Sudarshan Chemicals.

Infosys

The IT major has collaborated with global cyber security company Palo Alto Networks to enhance the security maturity of large enterprises with mission-critical digital landscapes and help them deter the threat of cyberattacks. Companies will enhance these safety solutions for their worldwide customers such as Mercedes-Benz.

Bharat Petroleum Corporation

The oil marketing firm reported an 82 per cent decline in net profit for the quarter ended March 2022 as the firm increased fuel prices despite cost escalation. It reported a net profit of Rs 2,130.53 crore as compared to Rs 11,940.13 crore in the January-March period.

Apollo Hospitals Enterprises

The hospital chain said its consolidated profit after tax declined 46 per cent to Rs 90 crore for the fourth quarter ended March 31, 2022. The health care provider had recorded a PAT of Rs 168 crore in the January-March quarter of 2020-21 financials.

Coal India

The state-owned coal miner reported a 45.9 per cent increase in its consolidated net profit to Rs 6,692.94 crore on the back of higher revenue from operations for the quarter ended March 2022. The company’s consolidated net profit stood at Rs 4,586.78 crore in the year-ago period.

Fortis Healthcare

The hospital chain reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore for the fourth quarter ended March 31, 2022. The company had posted a consolidated net profit of Rs 62.36 crore in the same quarter of the previous fiscal.

National Aluminum Company

The state-run metal player reported a 9.5 per cent rise in consolidated profit to Rs 1,025.46 crore for the quarter ended March 2022 on the back of higher earnings. The company had reported a consolidated profit of Rs 935.74 crore in the year-ago period.

Power Finance Corporation

The state-owned company reported a nearly 10 per cent rise in consolidated net profit at Rs 4,295.90 crore in the March quarter, mainly on the back of higher revenues. The company’s consolidated net profit stood at Rs 3,906.05 crore in the year-ago period.

indian brick

The shoemaker reported a two-fold increase in its consolidated net profit at Rs 62.96 crore for the fourth quarter ended March 31, 2022, helped by strong sales. The company had posted a net profit of Rs 29.47 crore in the January-March quarter a year ago.

Max Healthcare Institute

The medical and healthcare player said its profit after tax grew 58 per cent to Rs 172 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 109 crore for the January-March quarter of the financial year 2020-21.

whirlpool

The consumer durables maker reported a 35.04 per cent decline in consolidated net profit at Rs 84.48 crore for the fourth quarter ended March on account of soft industry demand and rising commodity costs. The company had made a net profit of Rs 130.06 crore in the March quarter of the previous financial year.

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