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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.

BHARTI AIRTEL

The company has presented its December quarter results. On a consolidated basis, the company reported a profit in the December quarter. On a quarter-on-quarter basis, the company reported a profit of Rs 853.6 crore in the third quarter of FY 2021 as against a loss of Rs 763.2 crore in the previous quarter (Q2) of the same year. At the same time, Bharti Airtel’s profit in this quarter was estimated to be Rs 168 crore.

There has also been an increase in the average revenue per consumer of the company in the third quarter. On a quarter-on-quarter basis, the Average Revenue Per User of the company increased from Rs 162 to Rs 166 in the third quarter.

On a quarter-on-quarter basis, the company’s revenue grew 5.8 percent to Rs 26,517.8 crore in the third quarter of FY 2021 from Rs 25,060.4 crore in the previous quarter of the same year. The company’s EBITDA in the third quarter stood at Rs 12177.7 crore while EBITDA Margin stood at 45.9 per cent.

APOLLO TYRES Q3

On an annual basis, the company reported a profit of Rs 443.8 crore in the third quarter, compared to a profit of Rs 173.8 crore in the same quarter last year. The company’s revenue in the third quarter of FY 2021 increased by 17.1 percent to Rs 5,153.8 crore.

Arvind Fashions Q3

Arvind Fashions released the December quarter results on Wednesday which were extremely disappointing. The company has lost Rs 68 crore on an annual basis, which was a loss of Rs 50.9 crore in the third year of last year.

The company’s revenue fell 14.3 per cent to Rs 901.4 crore in the third quarter of the current financial year. A year ago in the December 2019 quarter, the company’s revenue was Rs 1,051.6 crore.

Adani Ent Q3

On an annual basis, the company reported a 30.4 per cent profit in the third quarter at Rs 296.8 crore compared to Rs 426.3 crore in the same quarter last year.

On an annual basis, the company’s revenue in the third quarter grew by 6.1 percent to Rs 11,620.5 crore from Rs 10,948.2 crore in the same quarter last year.

KPR Mill Q3

On a yearly basis, the company’s profit has increased from Rs 94 crore to Rs 160 crore while income has increased from Rs 780 crore to Rs 940 crore. The company has announced a dividend of Rs 3.75 per share in Q3.

Navkar Corp Q3

On a yearly basis, the company’s profit has come down from Rs 15 crore to Rs 13.9 crore while income has increased from Rs 144 crore to Rs 190 crore. The company’s EBITDA declined to Rs 46.5 crore on an annual basis from Rs 46.6 crore in the quarter.

SEQUENT SCIENTIFIC Q3FY21

The company has seen a 65 per cent jump in profits and 13 per cent in earnings in the third quarter of FY 2021. The company saw a 33 per cent growth in Ebitda in the third quarter as well as improvement in Ebitda margin.

City Union Bank

City Union Bank’s profit fell 11.7 per cent to Rs 169.9 crore in the third quarter of FY 2021 from Rs 192.4 crore in the year-ago quarter. The bank’s interest income (NII) increased by 14.4 per cent to Rs 489 crore in the third quarter of FY 2021 from Rs 427.4 crore in the year-ago quarter.

On a quarter-on-quarter basis, the gross NPA of the bank declined to 2.94 per cent from 3.44 per cent in the third quarter of FY 2021, while the Net NPA stood at Rs 1.47 crore as against 1.81 per cent.

Sensex gained 10% in 4 days, BSE became 9th largest stock exchange in the world

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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