Nifty futures on the Singapore Exchange traded 50 points, or 0.27 per cent lower at 18,283.50, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade:
ITC, L&T, Maruti Suzuki: ITC, Larsen & Toubro, Maruti Suzuki India,
, Adani Enterprises, Adani Ports & SEZ, SBI Life Insurance, Bajaj Auto, , United Spirits, Punjab National Bank, United Breweries, Lupin, Bank and Dalmia Bharat are among the companies that will announce their September quarter results today.
Bajaj Finance: The NBFC reported a 53 per cent jump in consolidated net profit at Rs 1,481 crore for the quarter ended September on healthy interest income. It had posted a net profit of Rs 965 crore in the same quarter previous fiscal.
Axis Bank: The private lender reported a net profit of Rs 3,382.78 crore on a consolidated basis for the September quarter, driven by lower loan provisions as asset quality improved. The third largest private sector lender reported a net of Rs 3,133.32 crore for the July-September period on a standalone basis.
Cipla: The drug major said its consolidated profit after tax (PAT) rose by 7 per cent to Rs 711 crore for the second quarter ending September, aided by strong performance in the domestic as well as international markets.
Power Grid: The state-run utility firm said the high voltage direct current (HVDC) power transmission links connecting three states of Chhattisgarh, Tamil Nadu and Kerala have started commercial operation.
Jindal Stainless: The steel maker posted a five-fold jump in consolidated net profit at Rs 411.62 crore for the September quarter, mainly on account of higher income. The company had clocked a net profit of Rs 80.64 crore during the July-September period of the 2020-21 financial year.
Indian Energy Exchange: The power and utilty bourse will seek shareholders’ approval to issue bonus shares through postal ballot notice. The company has issued postal ballot notice to seek approval of shareholders on a proposal to issue bonus shares to members.
Ambuja Cements: The part of Swiss building material major Holcim group reported an increase of 10.85 per cent in its consolidated net profit at Rs 890.67 crore for the third quarter ended September 2021, driven by volume growth.
PVR: The country’s largest film exhibitor announced its foray into the customised cleaning and disinfecting services business under its newly-launched vertical V-Pristine.
Canara Bank: The state-run lender reported a three-fold jump in its standalone profit-after-tax at Rs 1,333 crore in the quarter ended September, aided by lower bad loan provisioning and rise in non-interest income and operating profit. The lender had reported a profit-after-tax of Rs 444 crore in the year-ago quarter.
Persistent Systems: The tech firm reported a 58.6 per cent rise in consolidated net profit to Rs 161.7 crore for the September 2021 quarter. The company had registered a profit of Rs 101.9 crore in the year-ago period.
NHPC: The state-owned hydro power giant has paid the final dividend of Rs 249.44 crore to the government for 2020-21. NHPC has paid a final dividend of Rs 249.44 Crore to the Government of India for 2020-21 on October 21.
Dr Lal PathLabs: The Diagnostic services provider posted a 10.6 per cent increase in its consolidated profit after tax (PAT) at Rs 96.3 crore for the second quarter ended September 30. The company had reported a PAT of Rs 87.1 crore in July-September in the year-ago period.
Nippon Life India Asset Management: The mutual fund sponsor reported a 47 per cent jump in profit after tax to Rs 213.19 crore for the three months ended September. In comparison, the company had posted a profit after tax of Rs 145.23 crore in the same quarter of the preceding fiscal.
Birlasoft: The IT firm reported a 49.2 per cent rise in consolidated net profit to Rs 103.1 crore for the September 2021 quarter. The company had posted a profit of Rs 69.1 crore in the July-September 2020 period.
IRB Infrastructure Developers: The road and highway construction reported a consolidated net profit of Rs 42 crore for the second quarter ended on September 30. The company had posted a consolidated loss of Rs 20 crore in the corresponding quarter of the previous fiscal.
Central Bank of India: The public sector lender reported an over 55 per cent jump in net profit at Rs 250 crore for the quarter ended September. The lender had posted a net profit of Rs 161 crore during the same quarter of the previous fiscal.
Zensar Technologies: The IT firm reported a 7.5 per cent rise in net profit to Rs 94.4 crore for the second quarter ended on September 30, 2021. It had posted a profit of Rs 87.8 crore in the year-ago period.
Torrent Pharma: The pharma player reported a 1.93 per cent increase in consolidated net profit at Rs 316 crore for the second quarter ended September 30, aided by robust sales in the domestic market. The drug maker had reported a net profit of Rs 310 crore in the July-September period of last fiscal.
Greenlam Industries: The surfacing solutions provider reported an 11 per cent increase in consolidated net profit at Rs 20.7 crore for the second quarter ended September on the back of robust sales.
Sanofi India: The drugmaker reported a net profit of Rs 529.8 crore for the third quarter ended September 30, aided by Rs 489.2 crore gain from the sale of its nutraceuticals business. The company had reported a net profit of Rs 132.9 crore in the July-September quarter of the previous fiscal.
Mahindra Lifespace Developers: The realty firm reported a consolidated net profit of Rs 13.23 crore for the quarter ended September on rise in total income. The company had posted a net loss of Rs 13.48 crore in the year-ago period.
ABB India: The engineering services company posted over 40 per cent jump in its net profit at Rs 120 crore for the September quarter, mainly on the back of higher revenues. The net profit was Rs 85 crore in the quarter ended September 30, 2020.
Triveni Turbine: The industrial stream turbine posted a sevenfold jump in its consolidated net profit to Rs 173.76 crore in the July-September quarter compared to the year-ago period mainly on the back of higher revenues. The net profit of the company was Rs 24.31 crore in the quarter ended on September 30, 2020.
Gati: The logistics firm reported a consolidated profit of Rs 45.49 crore for the quarter ended on September 30, 2021. The company had reported a consolidated loss of Rs 10.81 crore in the year-ago period.
KIOCL: The state-owned said it has signed a non-binding memorandum of understanding (MoU) with Glencore International AG (GIAG) for supply of iron ore pellets. KIOCL, under the Ministry of Steel, is a pellet making company.
Meghmani Finechem: The speciality chemical player posted an 83 per cent increase in standalone net profit at Rs 47 crore for the quarter ended September. Net profit stood at Rs 26 crore in the year-ago period.
