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Wednesday 23 June 2021

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Stocks in News


Krebs Biochemicals & Industries: A group or section of employees from Krebs workers and Staff Union at Nellore unit are remaining themselves absent from duties during various shifts in an unauthorized and unjustified manner. The company may face loss of production and hindrance in the operations due to the said strike of the workers.


Bharat Electronics: The company reported higher consolidated profit at Rs 1,368.15 crore in Q4FY21 against Rs 1,046.97 crore in Q4FY20, revenue jumped to Rs 6,917.47 crore from Rs 5,816.77 crore YoY.


Hero MotoCorp: The company will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021, to partially offset the impact of continuous increase in commodity prices. The price hike across the range of motorcycles and scooters will be up to Rs 3,000.


GE Power India: The company reported higher consolidated profit at Rs 16 crore in Q4FY21 against Rs 14.87 crore in Q4FY20, revenue jumped to Rs 930.5 crore from Rs 732.68 crore YoY.


GSS Infotech: Promoter Raghunadha Rao Marepally acquired 1.02 lakh equity shares via open market transaction on June 16, increasing shareholding to 18.55% from 17.95% earlier.


Sobha: The company reported lower consolidated profit at Rs 17.9 crore in Q4FY21 against Rs 50.7 crore in Q4FY20, revenue fell to Rs 553.4 crore from Rs 910.1 crore YoY.

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