Ril Share Price: Stocks in the news: RIL, Havells, HUL, Biocon, Voda Idea and Mphasis

Stocks in the news: RIL, Havells, HUL, Biocon, Voda Idea and Mphasis

21 Jan , 2022 By : monika singh

Nifty futures on the Singapore Exchange traded 130.5 points, or 0.73 per cent lower at 17,669.50, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today's trade:

RIL, JSW Steel, HDFC Life NSE -1.61 %: Reliance Industries, JSW Steel, HDFC Life Insurance Compnay, Hindustan Zinc, SBI Life Insurance Company, Gland Pharma, IDBI Bank, Bandhan Bank, Polycab India NSE -1.24 %, Vodafone Idea, PVR, Kajaria Ceramics and L&T Finance Holdings are among the companies that will announce their December quarter results today.

Hindustan Unilever: The FMCG major reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal.

Kotak Mahindra Bank: The private lender signed a Memorandum of Understanding (MoU) with GIFT SEZ Limited (GIFT SEZ) for boosting financial services ecosystem at International Financial Services Centre (IFSC) at Gandhinagar.
Havells India: The consumer electrical goods maker reported a decline of 12.7 per cent in its consolidated net profit to Rs 305.82 crore for the third quarter ended December 2021. The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago.

Mphasis: The IT firm reported a 9.8 per cent increase in consolidated net profit at Rs 357.6 crore for the December 2021 quarter. The company's net profit stood at Rs 325.5 crore in the year-ago period.

Biocon: The biotechnology major reported a 17.68 per cent increase in consolidated net profit at Rs 219.6 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 186.6 crore in the same quarter of the previous fiscal.

Bank of Maharashtra: The State-run lender reported a 110.7 per cent jump in its standalone profit after tax at Rs 325 crore in the quarter ended December 2021 due to higher net interest income and improved asset quality. This is the highest-ever quarterly profit reported by the Pune-headquartered lender.

Persistent Systems: The IT firm said its net profit rose 45.9 per cent to Rs 176.3 crore in the December 2021 quarter. The company had logged a net profit of Rs 120.9 crore in the year-ago period.

Natco Pharma: The pharma player said it has signed a non-exclusive license agreement with the Medicines Patent Pool, Switzerland to manufacture and sell Molnupiravir capsules 200 mg for treatment of COVID-19. MPP had taken licence from Merck Sharp & Dohme Corp, USA for the same.
PNB Housing Finance: The non-banking finance company reported a 19 per cent decline in net profit at Rs 188 crore for the quarter ended December 2021, mainly on fall in core income as disbursements slipped. The NBFC promoted by state-owned Punjab National Bank reported a net profit of Rs 232 crore in the same period a year ago.

Strides Pharma Science: The durg maker said it has inked a partnership with Geneva-based Medicines Patent Pool to commercialise antiviral drug molnupiravir in the international markets. The company and its subsidiary, Universal Corporation (Kenya), have entered into a voluntary non-exclusive sub-license partnership with MPP covering 105 nations.
Cyient: The IT company posted 38 per cent jump in consolidated net profit at Rs 131.7 crore for December 2021 quarter on the back of strong performance across key accounts. The company had logged a net profit of Rs 95.4 crore in the year-ago period,

Shoppers Stop: The retail chain reported a consolidated net profit of Rs 77.32 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 25.11 crore in the October-December quarter a year ago.

Container Corporation of India: The state-owned multi-modal logistics company reported a 24.46 per cent rise in consolidated net profit to Rs 276.35 crore for the quarter ended December 31, 2021. The company had clocked a net profit of Rs 225.66 crore in the corresponding quarter a year ago.
Reliance Industrial Infrastructure: The construction and engineering player reported a 2.7 per cent decline in December quarter net profit even as revenue rose in the pandemic year. Consolidated net profit of Rs 2.33 crore in October-December 2021 is compared with Rs 2.39 crore net profit in the same period a year back.

Surya Roshni: The electrical products maker company received orders of Rs 123.17 crore for ERW line pipe (API SL GRADE) and MS bare pipe 3LPE coated.

VST Industries: The cigarettes and tobacco products maker reported a higher profit at Rs 82.72 crore in Q3FY22 against Rs 73.71 crore in Q3FY21. The revenue of the company rose to Rs 431.48 crore from Rs 380.4 crore during the period.