Market

Stocks to watch: PNB, IndiGo, HUL, HFCL, Siemens, IOB, Oberoi Realty

Nifty futures on the Singapore Exchange traded 188 factors down at 14,800 round 8.30 am, indicating a gap-down begin for the benchmark indices on Tuesday.

Here are the highest shares to observe in right this moment’s session

Earnings Today: A complete of 28 firms are slated to put up their March quarter numbers right this moment, together with Siemens, Dishman Carbogen, KEC International, Linde India and Kalpataru Power Transmission.



HFCL: The company posted a multifold leap in its consolidated internet revenue to Rs 86.47 crore within the quarter ended March 31, 2021. The company had posted a internet revenue of Rs 8.7 crore within the corresponding interval of the earlier year.

IndiGo: InterGlobe Aviation, mum or dad of the nation’s largest airline IndiGo stated its board has authorised elevating up to Rs 3,000 crore by way of the sale of shares to institutional traders.

PNB: Punjab National Bank (PNB) board authorised the opening of QIP on May 10. The financial institution has mounted the ground value at Rs 35.51 per fairness share.

HUL: The FMCG main has appointed Srinandan Sundaram, at the moment Executive Director, Customer Development as Executive Director, Foods and Refreshment with impact from July 1. Sundaram will substitute Sudhir Sitapati who’s leaving the organisation to pursue an exterior alternative.

JSW Energy: JSW Hydro Energy, an arm of JSW Energy, has raised $707 million (about Rs 5,200 crore) from a world inexperienced bond concern that was oversubscribed by over 4 occasions, service provider bankers stated on Monday.

IOB: State-owned Indian Overseas Bank (IOB) on Monday stated its board will meet subsequent week to concern choice shares to the federal government for Rs 4,100 crore capital infusion.

JMC Projects: The company posted a consolidated internet revenue of Rs 41.44 crore for the January-March quarter pushed by greater revenues, as towards a consolidated internet lack of Rs 54.76 crore within the quarter ended on March 31, 2020.

Coforge: The sole promoter of Coforge Ltd, Hulst BV on Monday offloaded shares price just a little over Rs 616 crore within the agency, by way of an open market transaction. As per BSE’s bulk deal information, the promoter bought 19 lakh scrips at a mean value of Rs 3,242.26. The complete deal worth stood at Rs 6,16,02,94,000.

Sify: IT company Sify Technologies posted over a six-fold leap in revenue at Rs 90.4 crore for the March ended quarter due to fast digital transformation of business amid COVID-19 pandemic.

GE T&D: The company stated it has briefly closed operations of its manufacturing services at Padappai, Pallavaram and Hosur in Tamil Nadu till lockdown restrictions are in place within the state.

Chambal Fertilisers: The company reported a surge in consolidated revenue for the quarter ending March 31 at Rs 541.75 crore in contrast with Rs 201.07 crore posted throughout the corresponding quarter of 2019-20.

Oberoi Realty: The company board is slated to meet on May 14 to think about elevating funds by the use of concern of NCDs and fairness shares.

Nava Bharat Ventures: The company has synchronized the 60MW IPP in Odisha with the grid and has commenced energy flows for service provider commerce henceforth.

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