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Wednesday 16 June 2021

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Stocks in News

Flexituff Ventures International: The company reported loss at Rs 1.33 crore in Q4FY21 against Rs 7.82 crore in Q4FY20; revenue rose to Rs 265.5 crore from Rs 178.35 crore YoY.


Lupin: Life Insurance Corporation of India acquired 2.019 percent stake in Lupin via open market transaction, raising stake to 6.629 percent from 4.61 percent.


Wipro: The company collaborated with Aachen-headquartered FEV to open Innovation Lab for developing Software Defined Vehicles. The company expanded partnership with Levi Strauss & Co. to support digital commerce.


Hindustan Organic Chemicals: The company reported consolidated profit at Rs 7.5 crore in Q4FY21 against loss of Rs 20.39 crore in Q4FY20; revenue increased to Rs 110.55 crore from Rs 92.75 crore YoY.


KPI Global Infrastructure: The company signed new long term Power Purchase Agreement (PPA) with Polycab India, Vadodara for sale of 5.70 MW solar power for their different units for a period of 20 years under Independent Power Producer business vertical.


LIC Housing Finance: The company reported lower standalone profit at Rs 398.92 crore in Q4FY21 against Rs 421.43 crore in Q4FY20; revenue rose to Rs 4,967.69 crore from Rs 4,920.17 crore YoY.

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