Equity markets started the week on a positive note and gained strength throughout the session to close at day’s high. In today’s trade, shares of Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, and Tata Chemicals will be in focus due to various developments and quarterly earnings.
IOC, Adani Energy, and Adani Total Gas
Shares of IOC, Adani Energy, and Adani Total Gas will be in focus as the companies will announce their quarterly results today.
Spandana Sphoorty
Spandana Sphoorty reported consolidated net profit of Rs 122 crore for the quarter ended March 2024. The net interest income jumped 21% year-on-year.
UCO Bank
State lender UCO Bank reported a standalone net profit of Rs 526 crore in the fourth quarter, down about 9% year-on-year.
Rossari Biotech
Rossari Biotech posted a net profit of Rs 34 crore in the March quarter. Revenue from operations were at Rs 472 crore.
RVNL
RVNL has received a letter of award for a project worth Rs 438.95 crore from Southern Railways.
Kfin Technologies
Kfin Technologies reported net profit of Rs 74.5 crore for the quarter ended March. Revenue from operations stood at Rs 228 crore.
KEC International
KEC International received new orders worth Rs 1,036 crore across its various businesses.
Shoppers Stop
Shoppers Stop recorded net profit of Rs 23 crore in the fourth quarter. Revenues were at Rs 1046 crore.
Tata Chemicals
Tata Chemicals reported a net loss of Rs 850 crore in the quarter ended March. Revenues were at Rs 3,475 crore.
Coromandel International
Coromandel International to set up Rs 1,000 crore plus Phosphoric Acid and Sulphuric Acid plants in Andhra Pradesh.
