Titan, Eicher Motors & Hindalco: Titan Company, Eicher Motors, Hindalco Industries, GAIL, Aurobindo Pharma, IGL, Page Industries, Bata India and Gujarat State Petronet are among companies which will announce their December quarter results on Wednesday.
Gujarat Gas, Alembic Pharma: NSE will add 6 stocks to the F&O segment from March series, the exchange said in a notification on Tuesday. These include Alembic Pharmaceuticals, City Union Bank, Granules India, Gujarat Gas, L&T Technology Services and Mphasis.
Crompton Greaves Consumer Electricals: Amalfiaco, a promoter of Crompton Greaves Consumer, divested 3.8 crore shares of the company for a little over Rs 1,492 crore through open market transactions.
GAIL: The Indian Energy Exchange (IEX) said state-owned GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX).
Tata Steel: The steelmaker swung back into black in the October-December quarter posting a consolidated profit of Rs 4,010.94 crore for the quarter on the back of increased income.
Glenmark Pharma: Glenmark Pharmaceuticals said its board will meet later this week to consider buyback of its Singapore-listed foreign currency convertible bonds (FCCBs).
NMDC: State-owned iron ore producer reported a 53% jump in net profit at Rs 2,109 crore during the December quarter of FY 21 as against a profit of Rs 1,376 crore during the same period last year.
InterGlobe Aviation: The parent of the country’s largest airline IndiGo has settled with Sebi a case of alleged corporate governance lapses and listing norms violations that were raised by the company’s co-promoter Rakesh Gangwal.
Bharti Airtel, Vodafone Idea: Telecom operators Bharti Airtel, Reliance Jio and Vodafone Idea submitted applications to participate in the Rs 3.92 lakh crore spectrum auction scheduled to start from March 1, according to official sources.
NTPC: State-run NTPC’s joint venture NTPC SAIL Power Company had extended an undue favour to a private party by awarding routine maintenance work worth Rs 129.76 crore on nomination basis, ignoring Central Vigilance Commission (CVC) guidelines, auditor CAG said.
Jammu & Kashmir Bank: The bank reported a 32.8 per cent rise in its net profit at Rs 65.94 crore for the quarter ended in December. The bank had posted a net profit of Rs 49.64 crore in the year-ago period.
Coffee Day Enterprises: The company reported narrowing of consolidated net loss to Rs 97.11 crore for the three months ended December 2020. The company had posted a net loss of Rs 184.94 crore in the October-December period a year ago, Coffee Day Enterprises (CDEL) said in a BSE filing.
Shree Renuka Sugars: Shree Renuka Sugars reported a consolidated net loss of Rs 141.2 crore for the quarter ended December on higher expenses. It had posted a net loss of Rs 208.6 crore in the year-ago period.
Raymond: The company reported an 88.7 per cent plunge in its consolidated net profit to Rs 22.18 crore for the quarter ending December 2020.
Dhanlaxmi Bank: Private sector lender registered 44.5 per cent dip in net profit to Rs 11.81 crore in the third quarter ended December 2020 on muted retail business even as bad loan ratio declined.
Muthoot Finance: The gold loan financier reported a 22 per cent jump in standalone profit after tax at Rs 991.4 crore for the quarter ended December 2020.
