12 Jul , 2024 By : Debdeep Gupta
Here's a quick look at the stocks that will be in focus in trade on Friday, covering quarterly earnings, order wins, and acquisitions announced by companies after market hours on Thursday:
Results Today
HCL Technologies, Indian Renewable Energy Development Agency, Atharv Enterprises, Betala Global Securities, Gautam Gems, Golkonda Aluminium Extrusions, Indo Cotspin, Infomedia Press, JIK Industries, Oriental Hotels, Setco Automotive, Teamo Productions HQ, and Vipul will release their quarterly earnings scorecard on July 12.
June Quarter Earnings
Tata Consultancy Services Q1 (Consolidated YoY)
Profit rises 8.7% to Rs 12,040 crore Vs Rs 11,074 crore
Revenue grows 5.4% to Rs 62,613 crore Vs Rs 59,381 crore
EBIT jumps 12.3% to Rs 15,442 crore Vs Rs 13,755 crore
EBIT Margin expands to 24.66% Vs 23.16%
GTPL Hathway Q1 (Consolidated YoY)
Profit tanks 57.4% to Rs 14.99 crore Vs Rs 35.2 crore
Revenue rises 8.9% to Rs 843.4 crore Vs Rs 774.4 crore
Anand Rathi Wealth Q1 (Consolidated YoY)
Profit spikes 38% to Rs 73.4 crore Vs Rs 53.2 crore
Revenue increases 35.8% to Rs 237.6 crore Vs Rs 175 crore
Stocks To Watch
Adani Wilmar
The Adani Group company has entered into a Share Subscription and Share Purchase Agreement for taking a majority stake of 67% in Omkar Chemical Industries in Gujarat.
Vodafone Idea
The telecom operator has received approval from shareholders for the issuance of equity shares on a preferential basis.
LT Foods
The company has opened its new facility in Harlow, United Kingdom, and expects annual revenue to the tune of 50 million pounds over the next 2 years, with a target of 100 million pounds within the next 5 years.
Rashtriya Chemicals & Fertilizers (RCF)
The company has received board approval for the placement of a purchase order worth Rs 514.55 crore on Topsoe A/s for the procurement of a Basic Engineering Design Package (BEDP) and the supply of proprietary equipment and catalyst for the revamp of the Ammonia Plant at RCF Thal for the reduction in specific energy consumption.
Power Finance Corporation (PFC)
Sandeep Kumar has assumed the charge of Director (Finance) on the board of Power Finance Corporation, effective July 11, following his appointment by the Central Government.
Oriental Rail Infrastructure
The company's subsidiary, Oriental Foundry, has received orders worth Rs 432.16 crore for the manufacture and supply of 1,200 BVCM-C wagons from Indian Railways.
Bombay Dyeing and Manufacturing Company
Vinod Jain has resigned as Chief Financial Officer & Chief Risk Officer of the company, effective July 11.
Arvind
Ashish Kumar has resigned as President & CEO – AMD & Essentials of the company due to personal reasons, effective August 10.
Agi Infra
Agi Infra will debut on the NSE on July 12.
Bulk Deals
India Grid Trust
Bennett Coleman and Company bought 14,54,545 units of India Grid Trust at an average price of Rs 137.5 per unit, valuing the purchase at Rs 20 crore. However, Aditya Birla Sun Life Mutual Fund was the seller in this deal.
SME IPO Listing on July 12
Ganesh Green Bharat, Effwa Infra & Research
Stocks Turn Ex-Dividend
Axis Bank, Sun Pharmaceutical Industries, Indian Oil Corporation, Jubilant FoodWorks, 20 Microns, Anant Raj, Atul, AU Small Finance Bank, Bimetal Bearings, Blue Dart Express, Birlasoft, D-Link (India), Indus Finance, India Infrastructure Trust, IRM Energy, Jayant Agro-Organics, Kabra Extrusiontechnik, Kirloskar Pneumatic, Mahindra Lifespace Developers, Mahindra Logistics, Neuland Laboratories, Nilkamal, Onward Technologies, Petronet LNG, Polychem, Piramal Pharma, PTL Enterprises, Safari Industries, SAT Industries, Themis Medicare, Transcorp International, Ujjivan Small Finance Bank, United Spirits, Utkarsh Small Finance Bank, VMS Industries, Wendt (India)
Stocks Turn Ex-Bonus
Alphalogic Techsys, Filtra Consultants and Engineers
Stocks Trade Ex-Date for Rights
Lesha Industries, Sharat Industries
Stocks Turn Ex-Split
Vantage Knowledge Academy, WPIL
F&O Ban
Aditya Birla Fashion & Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Indian Energy Exchange, India Cements, Indus Towers, Piramal Enterprises, RBL Bank
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