SUMMARY
Shares to Watch: Dalal Road is predicted to open larger on Monday, tracing largely constructive traits throughout all international markets. SGX Nifty futures have been 0.1 p.c or 18 factors up at 17,249.5 as of 6:52 am. Shares of ITC, Indian OIl, HDFC, Financial institution of Baroda amongst others will probably be in focus in the present day. Listed below are prime shares to be careful for in commerce on August 1 –
ITC Ltd, UPL Ltd, Escorts Kubota Ltd, Max Monetary Providers Ltd, Ramco Cements Ltd, Alkyl Amines Chemical substances Ltd, Arvind Ltd, Bajaj Client Care Ltd, Barbeque Nation Hospitality Ltd, Castrol India Ltd, Eveready Industries India Ltd, Goodyear India Ltd, Mangalore Chemical substances & Fertilizers Ltd, Oriental Aromatics Ltd, Punjab & Sind Financial institution, Sangam (India) Ltd, Welspun Specialty Options Ltd, Zomato Ltd | These corporations will report their quarterly earnings in the present day.
Indian Oil Company Ltd | The PSU main on Friday reported a internet lack of Rs 1,992 crore for the primary quarter ended June 30, 2022, because the agency held retail costs of gas regardless of an increase in price. Complete income from operations stood at Rs 2.24 lakh crore within the June quarter, up 31.8 p.c in opposition to Rs 1.7 lakh crore within the March quarter.
Housing Growth Finance Company Ltd | HDFC has entered a Share Buy Settlement (SPA) with SBI for acquisition of 19.5 p.c stake in subsidiary HDFC Enterprise Capital. HDFC holds 80.5 p.c stake in subsidiary HDFC Enterprise Capital. The remaining shares are held by SBI.
Nationwide Thermal Energy Company Ltd | The state-owned firm on July 29 reported a 16.9 p.c year-on-year leap in internet revenue at Rs 3,676.4 crore for the primary quarter ended June 30, 2022, on the again of upper earnings. Complete income from operations stood at Rs 38,349.8 crore in the course of the interval beneath assessment, a 47.3 p.c leap over Rs 26,038 crore within the corresponding interval of the previous fiscal.
Cipla Ltd | The drug main on July 29 reported a 4 p.c year-on-year decline in internet revenue at Rs 686.40 crore for the primary quarter ended June 30, 2022. Complete income from operations stood at Rs 5,375.19 crore in the course of the interval beneath assessment, down 2.3 p.c in opposition to Rs 5,504 crore within the corresponding interval of the previous fiscal.
Sure Financial institution Ltd | In one of many largest non-public capital raises by an Indian non-public sector financial institution, the non-public lender introduced a fundraise of Rs 8,900 crore ($1.1 billion) from two international non-public fairness traders — Carlyle and Creation Worldwide — with every investor buying as much as a ten p.c stake within the financial institution.
Financial institution of Baroda | The general public sector lender recorded a staggering 79.3 p.c year-over-year improve in internet revenue at Rs 2,168 crore for the quarter ended June 30. The Internet Curiosity Revenue (NII) elevated by 12 p.c to Rs 8,838 crore in Q1 FY23. Within the June quarter of FY23, Financial institution of Baroda’s fee-based earnings elevated by 15.6 p.c 12 months over 12 months to Rs 1,277 crore in comparison with the Rs 1,105 crore in Q1 FY22. Working earnings for the present quarter is Rs 10,020 crore, which is 6.8 p.c lower than the identical quarter a 12 months in the past when it was Rs 10,755 crore.
Zee Leisure Enterprises Ltd | The Bombay Inventory Alternate (BSE) and Nationwide Inventory Alternate (NSE) on Thursday authorised the proposed merger of Zee Leisure Enterprises with Culver Max Leisure Non-public Restricted (previously Sony Footage Networks India Non-public Restricted). The merged firm is projected to have 75 TV channels, two streaming video companies, and a digital content material firm, Zee Studios, and Sony Footage Movies India (Studio NXT).
Dr Reddy’s Laboratories Ltd | The pharma firm has entered right into a licensing settlement with Slayback Pharma to acquire unique rights within the first-to-file ANDA for the non-public label model of Lumify within the US.
Piramal Enterprises Ltd | Khushru Jijina has resigned because the Government Director of the corporate.