Stocks to watch: Vodafone Idea, RIL, Adani Power, Arvind, TTK Healthcare, Thomas Cook, PNB Housing Finance
Tata group firm Titan Company reported a consolidated profit of Rs 18 crore for the June quarter, helped by higher income.
AB Capital, Acrysil, Adani Power, Amtek Auto, Arvind, Birla Corporation, Edelweiss, Escorts, Gail, Hikal, NCC, Prince Pipes, Quess Corp, Refex, SML Isuzu, Tata Chemicals, Thermax and TTK Healthcare are slated to announce their June quarter results on August 5. Here is the list of other top stocks that could be in focus today.
Thomas Cook: Travel services firm Thomas Cook (India) reported a narrowing of its consolidated net loss to Rs 93.83 crore for the quarter ended June 30, 2021. The company had posted a net loss of Rs 108.62 crore for the corresponding period of the previous fiscal.
PNB Housing: The company said its consolidated net profit fell over 5% to Rs 243.28 crore for the first quarter ended June 30, as the business was impacted due to the second wave of the coronavirus pandemic.
Titan: Tata group firm Titan Company reported a consolidated profit of Rs 18 crore for the June quarter, helped by higher income. The company had reported a net loss of Rs 297 crore in the corresponding period of the preceding fiscal.
RIL: Reliance Industries (RIL) is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh. The move is part of RIL’s commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain.
HPCL: The company reported consolidated net profit at Rs 2,003.90 crore in Q1FY22 against Rs 2,252.65 crore in Q1FY21. Total income rose to Rs 77980.15 crore from Rs 46702.09 crore YoY.
Vodafone Idea: Vodafone Idea said that Kumar Mangalam Birla will step down as non-executive director and non-executive chairman of the board with effect from August 4. Himanshu Kapania is appointed as non-executive chairman of board, and Sushil Agarwal, a nominee of Aditya Birla Group, is appointed as additional director.
Shipping Corporation of India: The board of directors of Shipping Corporation of India has considered and approved the scheme of arrangement for demerger of ‘non-core assets’.
Greenply Industries: The company has announced its foray into the Medium Density Fiber (MDF) boards business. The greenfield manufacturing plant would be setup in Vadodara, Gujarat with an estimated cost of Rs 548 crore.
Time Technoplast: The company said that it has received trial orders for 30,000 cylinders (appx) for various destinations in India.
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