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Stocks in the News (14 Aug):
Tata Steel reported
a consolidated net loss of Rs 4,648.13 crore for the Q1FY21 against a net
profit of Rs 714.03 crore during the same period a year ago, primarily on
account of reduced income.
Eicher Motors reported
Loss at Rs 55.2 crore for Q1FY21 versus profit of Rs 451.8 crore for the same
period year ago, revenue at Rs 818.2 crore versus Rs 2,381.9 crore YoY.
Hero MotoCorp reported
a 95.38% drop in consolidated net profit at Rs 57.78 crore for the Q1FY21
against a net profit of Rs 1,256.69 crore during the April-June period of
previous fiscal , on account of lower sales due to coronavirus pandemic.
BPCL – State-run Bharat Petroleum Corporation (BPCL),
in the process of being privatised, has posted 30% increase in consolidated
profit before tax (PBT) for the Q1FY21 to Rs3,080.8 crore, against Rs2,375.02
crore during the April-June period of 2019-20.
City Union Bank reported
Profit at Rs 154.3 crore for Q1FY21 versus Rs 185.6 crore for Q1FY20, NII at Rs
437 crore versus Rs 416.8 crore YoY.
IndiGo – July
passenger load factor at 60.2% versus 60.7% in June, July market share at 60.4%
versus 52.8%in June.
BPCL reported Profit
at Rs 2,076 crore for Q1FY21 versus loss of Rs 1,361 crore for Q1FY20, revenue
at Rs 38,785.1 crore versus Rs 68,991.4 crore QoQ.
Shriram Transport
Finance reported Standalone profit at Rs 320 crore Q1FY21 versus Rs 634
crore for Q1FY20, revenue at Rs 4,141 crore versus Rs 4,022 crore YoY.
Chambal Fertilisers
-The Hindustan Times acquired 1 lakh shares of the company on August 12,
increasing shareholding to 13.96 percent.
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