Stocks in News
Aurobindo Pharma: The company reported lower profit at Rs 696.7 crore in Q2FY22 against Rs 807.2 crore in Q2FY21; revenue declined to Rs 5,941.9 crore from Rs 6,483.4 crore YoY.
Reliance Industries: Step-down subsidiary Reliance Eagleford Upstream Holding, LP signed agreements with Ensign Operating III, LLC, a Delaware-based limited liability company, to divest its interest in certain upstream assets in the Eagleford shale play of Texas, USA. With this transaction, Reliance has divested all its shale gas assets and has exited from the shale gas business in North America.
Cadila Healthcare: The company received an order to supply 1 crore doses of ZyCoV-D vaccine to the government at Rs 265 per dose.
Britannia Industries: The company reported lower profit at Rs 381.8 crore in Q2FY22 against Rs 495.2 crore in Q2FY21; revenue increased to Rs 3,607.4 crore from Rs 3,419.1 crore YoY.
3i Infotech: The company reported loss of Rs 23.1 crore in Q2FY22 against loss of Rs 12.9 crore in Q2FY21; revenue increased to Rs 177.1 crore from Rs 152.1 crore YoY.
EID Parry (India): The company reported lower consolidated profit at Rs 470.35 crore in Q2FY22 against Rs 562.70 crore in Q2FY21. Revenue jumped to Rs 6,978.41 crore from Rs 5,836.21 crore YoY.
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