Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.
Focus on CADILA
Zydus has announced Biological Therapy for the corona. Biological Therapy ZRC-3308 is effective in the treatment of corona. Zydus has sought approval from DCGI for the trial of the ZRC-3308.
Focus on BPCL
Has performed tremendously in the last quarter of FY 2020-21. BPCL had a net profit of Rs 11,940 crore in Q4, while the company had a net loss of Rs 2958 crore in the same quarter last year.
In a poll to CNBC-TV18, industry experts had expected BPCL to post a net profit of Rs 1730 crore in the March quarter. But the company has made a profit of Rs 11.940 crore, falsifying all the estimates, which is 7 times more than the experts’ estimates.
BPCL’s Board of Directors has announced a dividend of Rs 58 on the shareholders with a face value of Rs 10 for the financial year ended 31 March 2021, including a one-time dividend of Rs 35 per equity share. The final dividend will be given to investors within 30 days of the announcement of its AGM. This final dividend is in addition to the interim dividend of Rs 21 given by the company.
MSCI Rebalancing will be implemented today by closing. Inflows of $ 65-68 million are expected in the Indian market.
Focus on MINDTREE
The FY22 Guidelines have been reiterated by the company. The company said in its statement that margins will be above 20% in FY22. The order pipeline will remain at a record level. Efforts are being made to increase penetration in new verticals like Health. We also try to reduce dependency on top clients.
Focus on CUMMINS INDIA
The company’s revenue in the fourth quarter has grown by 18.3 per cent year-on-year and it has increased from Rs 1062 crore in the fourth quarter of last year to Rs 1256 crore. The same net profit has seen a slight decline. The company’s profit fell 0.6 per cent to Rs 169 crore in the fourth quarter.
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