Stocks in the News
ICICI Bank: The bank reported sharply higher profit at Rs 4,402.6 crore in Q4FY21 against Rs 1,221.4 crore in Q4FY20, net interest income jumped to Rs 10,431 crore from Rs 8,928 crore YoY.
HCL Technologies: The company reported lower consolidated profit at Rs 2,962 crore in Q4FY21 against Rs 3,982 crore in Q3FY21, revenue rose to Rs 19,642 crore from Rs 19,302 crore QoQ. The company expects FY22 revenue to grow in double digits in constant currency terms and EBIT margin between 19-21%.
Indiabulls Real Estate: The company reported consolidated profit at Rs 94.5 crore in Q4FY21 against loss of Rs 109.7 crore, revenue rose to Rs 731.7 crore from Rs 116.3 crore YoY.
Shalby: Shah Family Trust, one of the promoters of Shalby, proposed to sell up to 58.1 lakh equity shares of the company (representing 5.38% of total paid-up equity) via offer for sale on April 26 and April 27. The floor price for the offer has been fixed at Rs 111 per share.
Federal-Mogul Goetze (India): Promoter IEH FMGI Holdings LLC proposed to sell 55,38,101 equity shares of the company (representing approximately 9.95% of total paid-up equity), via offer for sale on April 26-27, with an option to additionally sell 55,38,100 equity shares (representing approximately 9.95% of total paid-up equity).
Ramkrishna Forgings: The company has started commercial production of 7000 tonnes press from its Plant-V, at Saraikala, Jamshedpur from April 22, increasing the production capacity of the company by 17,000 tonnes per annum.
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