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April 26, 2022
- MAHINDRA CIE, RUBY MILLS, AUTOMOTIVE STAMPINGS, EVEREADY, GMDC, TATA INVESTMENT, AARVI ENCON, MAHARASHTRA SCOOTER, BANK OF INDIA, BOROSIL RENEWABLES, CYIENT, VA TECH
- Mahindra CIE Automotive: Q4 Sl Net Profit 1.69b Rupees Vs Loss 761m (YoY); Est Profit 840m | Profit 430.9m (QoQ) || Q4 Revenue 9.92b Rupees Vs 8.53b (YoY); 8.41b (QoQ)
- Ruby Mills: Co Has Repaid Entire Term Loans And All Unsecured Loans Aggregating Rs. 145 Crores
- Automotive Stampings & Assemblies: Q4 Sl Net Profit 603.2m Rupees Vs Loss 1.5m (YoY); Profit 4m (QoQ) || Q4 Revenue 2.03b Rupees Vs 1.35b (YoY); 1.62b (QoQ)
- Eveready Industries: Co Says Expected To Return To Higher Level Of Profitability In 2022-23
- GMDC: Q4 SL Net Profit 1.76b Rupees Vs Loss 1.85b (YoY) | Profit 1.5b (QoQ) Q4 Revenue 10.6b Rupees Vs 5.65b (YoY); 7.2b (QoQ) Co Recommends Dividend Of 4.3 Rupees Per Share
- Tata Investment Corp: Q4 Cons Net Profit 201.4m Rupees Vs 27m (YoY) | 398m (QoQ) Q4 Revenue 519.4m Rupees Vs 309m (YoY); 509m (QoQ) Recommended A Dividend Of Rupees 55 Per Equity Share
- Aarvi Encon: Co Wins Orders Worth 396m Rupees From Chennai Petroleum Corp
- Maharashtra Scooter: Co Has Recommended Dividend Of Rupees 80 Per Equity Share
- Bank Of India: Co Approved Capital Raising Plan Up To 25b Rupees By Issue Of Fresh Equity Capital
- Borosil Renewables: Co To Acquire 100% Stake In Interfloat Group, Largest Solar Glass Manufacturer In Europe || With Acquisition, Co’s Solar Glass Output Will Grow 66% To 750 Tpd
- Cyient: Co To Acquire Citec; Positions Itself To Be A Leader In Plant And Product Engineering
- VA Tech Wabag: Co Says Amur Gas Chemical Complex Communicated Suspension Of Further Activities Of Project Due To Geo-Political Uncertainty In Russia
- Ministry of Railways: Prioritising the movement of coal trains Transit time to long distance power plants has been reduced by 12-36% Supply of coal has increased by 10% within a week in April
- • Major Russian Oil Grade May Get Dumped Due to Tanker Sanctions
- o Asian buyers now trying to back out of purchases of Sokol
- • Next Grocery Shock Awaits as Food Giants Face Cooking Oil Risks
- • EU, India Agree to Set Up Trade and Technology Council
- • Delhi adds 1,011 Covid-19 cases in a day
- • Indonesia to Allow Key Palm Oil Exports, Sparking Price Swings
- • EKI Sees Mandatory Carbon- Credits Trading in India in 5 Years
- • India’s Sprng Energy Is Said to Near $1.8 Billion Sale to Shell
- o Deal for renewable firm could be signed within weeks
- • How a Creditor Revolt Scuttled Ambani’s $3.2 Billion Retail Deal
- • Emerging Market ETFs Fall for 2nd Week in $627.7 Mln Streak
- • Global Funds Sell Net 33B Rupees of India Stocks Monday: NSE
- o Domestic funds buy net 18.7 billion rupees of stocks
- • Foreign Investors Sell Net INR14.2B of Indian Equities April 22
- • Foreigners Sell Net INR56.3B of Indian Equity Derivatives Monday
- • Bank of India (BOI): To Sell INR25B Worth Shrs to Raise Public Holding
- • Cyient (CYL): Says CITEC Purchase to Add to EBIT margin from 2nd Year; Sees Additional Revenue of $98m-$102m from CITEC Buy
- • Eveready (EVRIN): 4Q Net Loss 384.1M Rupees Vs. Loss 4.43B Rupees Y/y
- • Hubtown (HUB): To Consider Rights Issue, Securities Issue on April 28
- • Mahindra CIE (MACA): 1Q Net Income 1.61b rupees vs. 100.9m y/y, Beats Est. 838.8m; Revenue +18% Y/y to 25.9b
- • Varun Beverages (VBL): To Consider Free Shares Issue on April 28
- • VA Tech Wabag (VATW): Says Russian Project Progressing Well; Collected $21.6m from Russia Project
- • Veranda Learning (VERANDA): To Acquire Hyderabad-Based Time for INR2.87b
- • Zee Learn (ZLL): Says Yes Bank Initiates Resolution Process Against Company