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Thursday, December 2, 2021

Stocks in News: These are today’s popular stocks, keep an eye on them

Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.

BHARAT FORGE/ RK FORGING

Sales of Class-8 trucks increased 144 per cent to 42800 units in January. Sales for the fourth consecutive month have been more than 40 thousand units.

Focus on V-MART RETAIL

The issue price of QIP has been fixed at Rs 2450 per share. Rs 374 crore will be raised through QIP at the rate of Rs 2450 per share.

Focus on HIND ZINC

Silver slipped 8 percent due to GameStop.

Focus on ENDURANCE TECH

Started production from new plant in Tamil Nadu. Aluminum Die-Castings, Disc Brake will be produced.

Focus on PNC INFRATECH

The subsidiary has raised funds for the Unnao-Lalganj highway.

Focus on escorts

On a year-on-year basis, the company’s profit in the third quarter increased by 83.4 per cent to Rs 280.7 crore as against Rs 153 crore in the same quarter last year. On an annual basis, the company’s revenue in the third quarter increased by 23.5 per cent to Rs 2,017.4 crore compared to Rs 1,633.4 crore in the same quarter last year.

The EBITDA of the company increased by 71.5 per cent to Rs 364 crore in the third quarter on an annual basis. The EBITDA of the company stood at Rs 212.2 crore in the same quarter last year. The company’s EBITDA Margin grew by 13 percent to 18.1 percent in the quarter.

In the third quarter of FY 2020, the company’s tax expenditure increased to Rs 95.9 crore from Rs 56.4 crore on an annual basis, while other income of the company increased to Rs 47.2 crore from Rs 26.7 crore on an annual basis in the quarter.

Focus on HDFC

The company’s net profit for the quarter ended December 31, 2020 declined 65 per cent to Rs 2926 crore in the December quarter. HDFC’s net profit in the same quarter a year ago was Rs 8,372 crore.

On a quarter-on-quarter basis, HDFC’s profit grew 2 per cent in the December quarter. Earlier, the company’s profit in the September 2020 quarter was Rs 2870 crore. The company’s revenue fell 42 per cent to Rs 11,707 crore in the third quarter of the current financial year. A year ago in the December 2019 quarter, the company’s revenue was Rs 20,285 crore.

Those not following this order of Bihar Police will not get a government job

Shehnazhttps://www.businesskhabar.com/
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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