Stocks in the news
Reliance Industries: The company reported a consolidated profit of Rs 14,894 crore in Q3FY21 against Rs 10,602 crore in Q2FY21; revenue increased to Rs 1,23,997 crore from Rs 1,16,195 crore QoQ.
Birla Corporation: The company reported a sharply higher profit at Rs 148.2 crore in Q3FY21 against Rs 81.5 crore in Q3FY20, while revenue rose to Rs 1,776.6 crore from Rs 1,715 crore YoY.
UltraTech Cement: The company reported a consolidated profit of Rs 1,584 crore in Q3FY21 against Rs 711 crore, and revenue jumped to Rs 12,254.1 crore from Rs 10,439.3 crore YoY.
Piramal Enterprises: DHFL administrator informed company of committee of creditors declaring company as successful resolution applicant.
Grasim Industries: The company said it will enter paints business and invest Rs 5,000 crore over the next three years.
Yes Bank: The bank reported a profit of Rs 150.7 crore in Q3FY21 against a loss of Rs 18,560 crore in Q3FY20. Net interest income jumped to Rs 2,560.4 crore from Rs 1,064.7 crore YoY.
Tata Power: Tata Power Solar Systems received the EPC order worth Rs 1,200 crore from NTPC for setting up of 320MW ground mounted Solar PV project.
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