nifty Futures on the Singapore Exchange were down 149.50 points, or 0.84 per cent, at 17,592.50, indicating that Dalal Street was headed for a gap-down start on Tuesday.
TCS
Kesoram Industries
The company reported a loss of Rs 46.14 crore for the March 2022 quarter, as against Rs 31.97 crore in the previous quarter. It had posted a profit of Rs 96.41 crore in the same period a year ago. Increases in electricity and fuel costs, and finance costs hit the bottom line. Revenue grew 20 per cent year-on-year to Rs 1,031.78 crore and sequential growth was 18 per cent.
UltraTech Cement
The cement major has been declared the preferred bidder for the Diggaon limestone block. The company participated in the e-auction by the Government of Karnataka. The block is adjacent to the company’s Rajshree unit and has total cement grade geological resources of 530 million tonnes of limestone over an area of 7.86 sq.km.
JSW Steel
JSW Steel’s subsidiary JSW Utkal Steel has received environment clearance from the government to set up a Greenfield Integrated Steel Plant (ISP) with a capacity of 13.2 million tonnes per annum (MTPA) of crude steel. The capital expenditure for the said steel plant project is expected to be Rs.65,000 crore.
Gufic Biosciences
The company has received permission from the Central Drugs Standard Control Organization (CDSCO), Ministry of Health and Family Welfare for the manufacture of Isavuconazonium Sulphate API and the ready-made formulation Isavuconazole for Injection 200 mg/vial. Isavuconazole is indicated for the treatment of invasive aspergillosis and invasive mucormycosis.
Delta Corp
The gaming and hospitality company has reported a lower profit of Rs 48.11 crore for the quarter ended March 2022 as compared to a profit of Rs 57.77 crore in the year-ago period, while there was a marginal increase of Rs 218.32 crore in revenue for the quarter. has been seen. 211.34 crore above Rs. The company also approved the amalgamation of Daman Entertainment and Daman Hospitality.
Maruti Suzuki India
The fire incident occurred at the Rohtak R&D center of Maruti Suzuki, where a new laboratory was being expanded by a third party project company. Two people who worked with the contracting firm on the project have died and no one else was injured. The company said the incident does not affect the automaker’s production operations.
Wipro
The technology company has acquired Convergence Acceleration Solutions to expand its consulting capabilities for communications service providers.
JSW Steel
JSW Steel’s subsidiary JSW Utkal Steel has received environment clearance from the government to set up a greenfield integrated steel plant with a capacity of 13.2 million tonnes per annum of crude steel. The capital expenditure for the said steel plant project is expected to be Rs.65,000 crore.
Delta Corp
The gaming and hospitality company has reported a lower profit of Rs 48.11 crore for the quarter ended March 2022, as against Rs 57.77 crore in the year-ago period. Revenue for the quarter stood at Rs 218.32 crore from Rs 211.34 crore. The company also approved the amalgamation of Daman Entertainment and Daman Hospitality.
Result 12 April
Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Ivexia Lifecare and Gayatri Bioorganics will release quarterly earnings on April 12.
Two stocks – Delta Corp and RBL Bank – are under F&O restrictions for April 12. Securities in the embargo period under the F&O clause include companies in which the security has exceeded 95 percent of the market-wide position limit.
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