Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u596154002/domains/usbusinessreviews.com/public_html/wp-includes/functions.php on line 6114
Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi - Best Business Review Site 2024

Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi

[ad_1]

Table of Contents


The key benchmark indices are likely to start trade on an positive note, largely aided by short-covering ahead of the monthly F&O expiry. Developments on the Russia-Ukraine conflicts and high oil prices may keep the upside in check. As of 08:00 AM, the SGX Nifty futures quoted at 17,253, indicating an opening gain of 150-odd points on the Nifty 50 index. Meanwhile, here are the top for trade on Wednesday.


Russia-Ukraine crisis fallout: Stocks of Indian companies with exposure to Europe brace for impact on their businesses as the Russia-Ukraine crisis worsens. and Dr Reddy’s have a significant presence in the Russian market. So does other oil & gas, tea companies. READ MORE

Mahindra CIE Automotive: The company’s profit for the quarter ended December 2021 fell 28 per cent to Rs 80 crore when compared with Rs 112 crore in the corresponding quarter a year ago. Total income, however, was up 5.4 per cent YoY at Rs 2,064 crore.


Beauty and Personal Care: The beauty and personal care segments witnessed strong traction in the December quarter despite the Omicron wave, even as companies like Aditya Birla Fashion and Retail (ABFRL) announced their entry into the segments. Nykaa in its post-earnings conference to investors said sequentially Q3 was one of the best from a beauty perspective. READ FULL ANALYSIS








Bharat Forge: A weak performance in the March quarter due to muted export revenues from commercial vehicles and supply chain issues has impacted the stock performance off late. However, brokerages are positive on the stock citing strong growth for non-auto business, India CV revival and revenue inflow from multiple defence projects it has bid for. READ FULL ANALYSIS

Dilip Buildcon: The company has won a road project worth Rs 1,141 crore in Chhattisgarh.


Procter & Gamble India: The FMCG company said, starting April 1, 2022, it will extend it’s medical plan that provides hospitalisation coverage to staff and their dependents to the partners and dependents of its LGBTQ+ employees too.


Aditya Birla Fashion and Retail (ABFRL): The company has announced its collaboration with Accenture for a digital transformation programme designed to drive growth, increase business agility and improve operational efficiency.


Butterfly Gandhimathi Appliances, CGCE: Crompton Greaves Consumer Electricals (CGCE) had made an open offer to acquire 26 per cent equity stake (46.48 lakh shares) of the company at Rs 1,433.90 per share. Post acquisition, Cromption will hold up to 55 per cent stake in the company. The stock last traded at Rs 1,391 on Tuesday.


SIS: The company has secured a 2-year contract worth Rs 225 crore from Mahanadi Coalfields to deliver security solutions to the latter’s 18 sites across India.


Jet Airways: Jalan-Kalrock consortium-owned Jet Airways on Tuesday announced the appointment of former SriLankan Airlines’ CEO, Vipula Gunatilleka as the Chief Financial Officer. In the past, Gunatelleka played a pivotal role to turnaround the loss-making national carrier of Angola – TAAG Angola Airlines, the release added.


Elantas Beck India: The company’s Q3FY22 net declined 26 per cent to Rs 16.60 crore as against Rs 22.55 crore in Q3FY21. Total income, however, jumped 23 per cent YoY to Rs 145 crore.


Nazara Technologies: The company’s board is scheduled to meet on February 25 to consider and approve a proposal to issue equity shares to the shareholders of Datawrkz Business Solutions on preferential basis, as per the investment agreement dated January 18, 2022.


Jindal Hotels: The company board approved a proposal to issue and allot 1.75 lakh shares to each of the promoters – Piyush Daudayal Shah and Chanda Piyush Agrawal at Rs 42 each. The stock last traded at Rs 40.35 on the BSE on Tuesday.


Results Watch: Gammon India and Sanofi India to announce December quarter results today.


Stocks in F&O ban: Escorts, Indiabulls Housing Finance and Punjab National Bank (PNB) are the only three stocks in the F&O ban period on Wednesday.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



[ad_2]

Source link

slot gacor togel macau slot dana slot hoki bandar togel slot dana situs togel slot maxwin slot mahjong link slot link slot777 slot gampang maxwin slot hoki slot mahjong situs toto slot hoki slot maxwin slot mpo slot777 slot toto slot toto situs toto toto slot situs toto situs toto situs toto situs toto slot88 surga slot toto slot slot gacor thailand slot bet receh situs toto situs toto slot toto slot situs toto situs toto situs toto situs togel macau toto slot slot demo slot pulsa slot pragmatic situs toto deposit dana 10k surga slot toto slot link situs toto situs toto slot situs toto situs toto slot777 slot gacor situs toto slot slot pulsa 10k toto togel situs toto slot situs toto slot gacor terpercaya slot dana slot gacor pay4d agen sbobet kedai168 kedai168 kendibet deposit pulsa situs toto slot pulsa situs toto slot pulsa situs toto situs toto situs toto slot dana toto slot situs toto slot pulsa toto slot situs toto slot pulsa situs toto situs toto situs toto toto slot toto slot slot toto akun pro maxwin situs toto slot gacor maxwin slot gacor maxwin situs toto slot slot depo 10k toto slot toto slot situs toto situs toto toto slot toto slot toto slot toto togel