Shares to look at: HDFC, BPCL, Thermax, PNB Housing, Motherson Sumi

Nifty futures on the Singapore Change traded at 15,248, at 8:30 AM, indicating a flat begin for the benchmark indices on Wednesday.

Listed below are the highest shares to trace in right this moment’s session:

Outcomes right this moment: A complete of 52 corporations, together with Berger Paints India, Bharat Petroleum Company, Burger King India, Cummins India, and Vardhman Holdings are scheduled to announce their quarterly outcomes right this moment.

Godawari Energy and Ispat Ltd, on Tuesday, posted a multifold leap in consolidated web revenue at Rs 304.01 crore for the March quarter 2020-21, primarily on the again of upper revenues, from Rs 34.22 within the year-ago quarter. Whole revenue rose to Rs 1,263.67 crore within the quarter.

Thermax mentioned its consolidated web revenue jumped practically three-fold to Rs 107.35 crore for the March quarter, primarily on the again of upper revenues. Whole revenue rose to Rs 1,610.34 crore within the quarter from Rs 1,353.66 crore earlier.

HDFC Ltd on Tuesday mentioned it’s going to increase as much as Rs 7,000 crore by issuing bonds on personal placement foundation. It should supply coupon fee of 6 per cent each year on the bonds, the difficulty for which opens on Could 28, 2021. The problem will shut on the identical day.

DHFL: The Nationwide Firm Regulation Appellate Tribunal (NCLAT), on Tuesday, stayed the order of the Mumbai Bench of the Nationwide Firm Regulation Tribunal (NCLT), which had directed the DHFL administrator to position the settlement supply of the erstwhile promoter, Kapil Wadhawan, earlier than the committee of collectors (CoC) whereas it (NCLT) selected the enchantment.

PNB Housing Finance: Punjab Nationwide Financial institution and PNB Housing Finance have entered right into a recent model settlement, which provides PNB the correct to withdraw its model identify from the mortgage lender.

Motherson Sumi: The Competitors Fee of India, on Tuesday, gave approval to a proposal pertaining to intra-group reorganisation of the Motherson Group

Ramco Methods reported a web revenue of Rs 7.36 crore in Q4FY21 towards web lack of Rs 5.85 crore in the course of the year-ago quarter. Gross sales develop 12.79 per cent YoY at Rs 149.86 crore.

Bayer Crop Science, on Tuesday, reported doubling of its revenue to Rs 61.9 crore for the March 2021 quarter. Its income from operations in the course of the quarter underneath evaluate jumped 59.95 per cent YoY to Rs 733.7 crore.

Mahindra Holidays & Resorts‘ board accredited the appointment of Sujit Vaidya because the chief monetary officer (CFO) and key managerial personnel of the corporate with impact from June 1, 2021.

Bodal Chemical compounds has integrated a wholly-owned subsidiary in Indonesia.

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