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 ITC
The company’s profit fell 11 percent in the third quarter. In the third quarter ended 31 December 2020, ITC’s profit fell to Rs 3,662.9 crore from Rs 4,141.9 crore on an annual basis.
Q3 has seen moderate pressure in the company’s earnings. The company’s revenue fell 0.2 per cent to Rs 11,787.4 crore in the third quarter from Rs 11,805.6 crore in the third quarter of last year.
The company’s EBITDA declined by 7.2 per cent year-on-year to Rs 4,281.3 crore in the third quarter from Rs 4,612.6 crore in the same quarter last year.
The company’s EBITDA margin stood at 36.3 per cent in the third quarter compared to 39.1 per cent in the third quarter of last year. In Q3, the company announced an interim dividend of Rs 5 per share.
MOTHERSON SUMI, VOLTAS, APOLLO HOSPITAL, SIEMENS in focus
GRASIM will present third quarter results today. Quarterly figures of MOTHERSON SUMI, VOLTAS, APOLLO HOSPITAL, SIEMENS will be awaited. The profit of MOTHERSON SUMI may increase by around 160 per cent. The stock is at a height of 23 months.
Focus on Sun Pharma
Standing at the peak of nearly two-and-a-half years, Sun Pharma may increase further action today. The company and 7 of its executives have settled with SEBI. The case has settled in Aditya Medisales deals.
In the third quarter ended December 31, 2020, the company’s profit grew 73 percent year-on-year. The company’s profit in the third quarter increased from Rs 273 crore to Rs 472 crore. While revenue has also seen a jump of 2.1 percent.