Stocks in the news: Bajaj Finance, Hind Zinc, HDFC AMC & Bajaj Finserv


Nifty futures on the Singapore Exchange traded 81 points, or 0.56 per cent, lower at 14,475.50, in signs that Dalal Street was headed for a negative on Wednesday. Here are a few stocks which may buzz the most in today’s trade:

Bajaj Finance, Bajaj Finserv, Hind Zinc: HDFC AMC, Bajaj Finance, Bajaj Finserv, Hind Zinc, Havells India, L&T Technology, Syngene International, Sundaram Finance, Sterlite Technologies, VST Industries and GMM Pfaudler are some of the companies which will disclose their December quarter earnings during the day.

J&K Bank: The bank said its board has given in-principle approval to transfer 8.23 per cent stake to Union Territory of Ladakh. It is to be noted that the state was divided into union territories of Jammu & Kashmir and Ladakh after the abrogation of Article 370 in 2019.

Ceat: Tyre major Ceat reported over two-and-a-half fold jump in consolidated net profit to Rs 132.34 crore in the third quarter ended on December 31, 2020, riding on robust sales. The company had posted a consolidated net profit of Rs 52.5 crore in the year-ago period, Ceat Ltd said in a regulatory filing.

Wonderla: Wonderla Bangalore has secured the COV-Safe certification from Bureau Veritas India, the company said here on Tuesday. The Managing Director of Wonderla Holidays Limited, Arun Chittilappilly received the certificate from Benny John, Regional General Manager South, Bureau Veritas India on January 15, Wonderla said in a statement.

Network 18 Media and Investments: The company reported over two-fold jump in consolidated net profit to Rs 333.38 crore for the third quarter ended December 2020.

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Larsen & Toubro Infotech: The company reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion.

TV18 Broadcast: The company reported a 40 per cent increase in consolidated net profit at Rs 28 crore in the third quarter ended December 31, 2020. The company, which owns and operates a network of 56 channels in India spanning news and entertainment, had posted a consolidated net profit of Rs 20 crore in the year-ago quarter, TV18 Broadcast Ltd said in a regulatory filing.

Tata Metaliks: The company reported a 64 per cent jump in its net profit to Rs 75.18 crore for the third quarter ended December 2020, mainly on account of lower expenses. The company’s net profit was Rs 45.91 crore in the same period previous fiscal, Tata Metaliks Ltd said in a BSE filing.

Gateway Distriparks: Integrated logistics services provider Gateway Distriparks reported a 99.02 per cent jump in its consolidated profit at Rs 32.62 crore in the quarter ended December. The company had posted a profit of Rs 16.39 crore in the third quarter of financial year 2019-20.

Tata Communications: Digital technology firm Tata Communications posted over a five-fold jump in consolidated net profit at Rs 309.41 crore for the December 2020 quarter. The company had registered a profit of Rs 58.85 crore in the corresponding period of the preceding fiscal.





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