Stocks in news: Tata Power, Bank of Baroda, SAIL, Rolex Rings

Which share to Buy

On Friday, the benchmark files finished lower after four sequential meetings as investors booked benefits in metal and consumer durables shares, in the midst of feeble worldwide signals.

Indian benchmark files are probably going to open lower today as SGX Nifty fell 22.50% to 16,246, in the midst of quieted worldwide business sectors. 

On Friday, the benchmark files finished lower after four sequential meetings as investors booked benefits in metal and purchaser durables shares, in the midst of feeble worldwide signals. Sensex finished 215 points lower at 54,277 and Nifty fell 56 points to 16,238. 

Here's a glance at stocks, which are probably going to stay in the news today. 

Tata Power: In the April-June quarter of 2021, the organization's solidified net profit increased by about 74% to Rs 465.69 crore, compared to Rs 268.10 crore the year before. According to an administrative record kept by the firm, total pay increased to Rs 10,145.89 crore in April-June 2021 from Rs 6,540.42 crore the previous year. 

Bank of Baroda: For the quarter ended June 30, 2021, the state-claimed loan specialist reported an independent net benefit of Rs 1,208 crore. It had a total deficit of Rs 864 crore in the previous quarter (Q1FY21) and Rs 1,046 crore in the current quarter (Q4FY21).

SAIL: The domestic steel company returned to profitability in the June 2021 quarter, reporting a combined net advantage of Rs 3,897.36 crore. Steel Authority of India Ltd (SAIL) said in a BSE filing that the organization had a Rs 1,226.47-crore overall loss in the previous quarter. 

Divi's Lab: Divi's Laboratories, a pharmaceutical company, reported a 13 percent increase in its combined net profit for the first quarter ended June 30, 2021, to Rs 557 crore. In the April-June quarter of the previous fiscal year, the company reported a net profit of Rs 492 crore.. 

All out pay rose to Rs 1,997 crore in the primary quarter as contrasted and Rs 1,748 crore in the June quarter of 2020-21 financial, Divi's Laboratories said in an administrative document. 

Ujjivan Small Finance Bank: The bank reported a total deficit of Rs 233 crore for the first quarter ended June 30, owing mostly to the impact of the pandemic's second wave on its operations. It generated a net profit of Rs 55 crore in the previous monetary year's comparative quarter.

Rolex Rings: The organization will list today’s value shares on the bourses. The underlying public offer (IPO) of auto segments producer was completely bought in promptly after opening.

Source: Business Today




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