By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will be in the news today and on which the market will be eyeing.
Focus on HCL Tech
HCL TECH has presented the results for the first quarter of the financial year 2021-22 ended 30 June 2021. During this period, the company’s Conso profit has increased from Rs 1100 crore in the fourth quarter of the financial year 2020-21 to Rs 3210 crore.
During this period, the company’s Conso earnings have increased to Rs 20,070 crore from Rs 19,640 crore in the previous quarter. Explain that the analyst had estimated the company’s income at Rs 20303 crore and profit at Rs 3253 crore.
The company’s dollar income in the first quarter of the year 2021-22 has been $272 million. It was estimated to be at $2751 million. In the same tax period, the company’s consolidated EBIT stood at Rs.3931 crore and conso EBIT margin stood at 19.59%. These were estimated to be Rs 3,888 crore and 19.15% respectively. The company’s board has also approved a dividend of Rs.6 per share.
Focus on ACC
ACC has presented strong results in the June quarter. There has been a 66 percent increase in profit and 50 percent increase in REVENUE. , realization and sales volume have also been higher than expected.
FOCUS ON ZEN TECHNOLOGIES
The company has got export order worth Rs 120 crore.
Focus on Paint, Aviation, OMCs
Crude has slipped 7% below $69.
Focus on HDFC Life
HDFC Life has released the first quarter results for the financial year 2021-22. The company has seen a decline in profits in the first quarter. For the first quarter ended June 30, 2021, the company’s profit has come down to Rs 269.6 crore from Rs 450.5 crore in the first quarter of last year.
There has been an increase in the net premium income of the company during this period. In the first quarter ended June 30, 2021, the company’s net premium income has increased from Rs 5734 crores to Rs 7540 crores on an annual basis.
FOCUS ON BAJAJ FINANCE/ASIAN PAINT
BAJAJ FINANCE’s profit may increase by more than 50% in the first quarter. At the same time, a jump of more than 3 times is possible in the PROFIT of ASIAN PAINT. MARGIN can also see an increase. Both these Nifty companies will present their results today.
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