Stocks to watch: Zomato, Eveready, Mr Bectors Food, Shree Cement, Reliance Industries, Coal India
Shree Cement reported a sharply higher consolidated net profit of Rs 630.89 crore in Q1FY22 against Rs 330.35 crore in Q1FY21.
20Microns, 3I Infotech, Aarti Surfactants, Amtek Auto, Ashoka Buildcon, Balaji Telefilms, Bal Pharma, Mrs Bectors Food, CAMS, Chalet Hotels, Coal India, Coastal Corporation, Chochin Shipyard, Eveready, Galaxy Surfactants, Godrej Agro, Heranba, Honda Power, Infibeam, Jindal Steel, Linde India, Lupin, Motherson Sumi, NDTV, Power Grid, Trent, Wonderla Holidays and Zomato are slated to announce their June quarter results on Tuesday. Here is the list of other top stocks that could be in focus on August 10.
Subex: The IT services firm posted around 11% fall in consolidated net profit at Rs 13.48 crore for June 2021 quarter. It had posted a net profit of Rs 15.16 crore in the year-ago period, Subex said in a BSE filing.
RIL: Reliance New Energy Solar (RNESL), a wholly-owned subsidiary of Reliance Industries (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help the company commercialise and grow its long-duration energy storage systems business globally. RNESL will invest $50 million to acquire 42.3 million shares of preferred stock in Ambri.
Coal India: North Eastern Coalfields mines are managed directly by Coal India. The mines at Tikak, Tipong and Tirap of NEC were temporarily suspended from June 03, 2020 due to non-availability of forest and other Statutory Clearances.
Shree Cement: The company reported sharply higher consolidated net profit of Rs 630.89 crore in Q1FY22 against Rs 330.35 crore in Q1FY21. Total income jumped to Rs 3775.94 crore from Rs 2613.25 crore YoY.
Isgec Heavy Engineering: The company has received an order for a 175 KLPD Multi-feed Distillery from Dwarikesh Sugar Industries for their site at Bareilly, Uttar Pradesh.
NBCC: NBCC (India) has secured the total business of Rs. 646.91 crore in the month of July, 2021.
Texmo Pipes and Products: The company received orders from multiple contractors of HDPE Pipes worth Rs 121.59 crore to be executed within 6-7 months.