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Thursday 22 April 2021

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Stocks in News


Nestle India: The company has reported a 14.6% growth in Q1CY21 profit at Rs 602.2 crore against Rs 525.4 crore in the corresponding period, revenue rose to Rs 3,610.8 crore from Rs 3,325.8 crore YoY.


Swaraj Engines: The company reported sharply higher profit at Rs 32.6 crore in Q4FY21 against Rs 15.8 crore in Q4FY20, revenue jumped to Rs 304.9 crore from Rs 175.1 crore YoY.


Asahi Songwon Colors: The company said Utsav Pandwar has resigned as Chief Financial Officer and key managerial personnel of the company due to his personal reasons.


Voltas: Life Insurance Corporation of India acquired 46,000 equity shares (0.02% of paid up equity) in Voltas on April 19. LIC increased stake in the company to 5.01% from 4.99% earlier.


Orient Bell: Porinju Veliyath-owned Equity Intelligence India reduced 3.90% stake (or 5,59,512 equity shares) at the end of March 2021, from 4.25% stake (or 6,09,512 equity shares) as of December 2020.


Salasar Techno Engineering: The company has received new orders worth Rs 27.45 crore and Rs 20.25 crore from Rajasthan Rajya Vidyut Prasaran Nigam. The orders are for construction of 220KV and 132 KV transmission lines including supply of all equipments/materials, erection, testing and commissioning on supply & ETC basis.

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