Nifty futures on the Singapore Trade traded 20 factors down at 15,759 round 8.45 am, indicating a weak begin for the benchmark indices on Tuesday.
Listed here are the highest shares to trace in right now’s session:
Earnings As we speak: A complete of 46 firms are slated to submit their quarterly numbers right now, together with Engineers India, Petronet LNG, Max Monetary Companies and Wonderla Holidays.
Union Financial institution of India: The state-owned lender reported a standalone revenue after tax of Rs 1,330 crore within the quarter ended March 31, 2021, helped by enchancment in asset high quality. The financial institution amalgamated Andhra Financial institution and Company Financial institution with it with impact from April 1, 2020. The amalgamated entity had posted web lack of Rs 7,157 crore within the year-ago interval, the lender mentioned in its investor presentation.
Infosys: The IT main introduced a collaboration with Archrock, the main supplier of pure fuel compression providers within the US, to combine digital applied sciences and cell instruments for its subject service technicians.
IB Housing, Central Financial institution of India: Indiabulls Housing Finance and Indiabulls Business Credit score have entered right into a strategic co-lending partnership with Central Financial institution of India to supply secured retail and MSME loans at aggressive charges.
Surya Roshni: The corporate acquired order of Rs 170.52 crore for coated line pipes for fuel grid pipeline undertaking from Indradhanush Fuel Grid (IGGL).
New India Assurance: The corporate reported a 90.6 per cent YoY soar in web revenue at Rs 241 crore for the final quarter of the fiscal ended March 2021. It had reported a web revenue of Rs 127 crore in the identical quarter of 2019-20.
IndiGo: We anticipate home travels to succeed in February ranges by 12 months finish, mentioned IndiGo CEO Ronojoy Dutta. The corporate’s each day web money burn rose to Rs 19 crore per day in This autumn in comparison with Rs 15 crore per day in Q3.
BPCL: Privatisation-bound Bharat Petroleum Company (BPCL) is organising a 50,000 metric tonne every year tremendous absorbent polymer plant on the Kochi Refinery, the expertise for which was developed in-house. Within the first part of the proposed plant, the corporate may have a 200 metric tonne capability plant by October and the feedstock can be provided by the adjoining refinery.
DHFL: Debt-ridden mortgage agency DHFL’s shares could be delisted from inventory exchanges submit acquisition by Piramal Capital and Housing Finance, which has emerged because the profitable bidder for the corporate. In keeping with PTI report, shares of DHFL could be delisted submit acquisition as per the IBC pointers and Sebi delisting norms.
IOC: State-owned Indian Oil Company (IOC) on Monday mentioned it has signed up an funding pact for including petrochemical and lube crops to its beforehand introduced plan to develop crude oil processing capability at its Koyali refinery at Vadodara in Gujarat.
Jindal Metal & Energy: Metal manufacturing up 31 per cent YoY to 13.71 lakh tonnes in April-Might 2021 as in comparison with 10.44 lakh tonnes in the identical interval final 12 months. Metal gross sales up by 7 per cent YoY at 10.58 lakh tonnes. The corporate mentioned it’s assured of attaining FY22 manufacturing goal of 8-8.5 MT.
Hindustan Development Firm: The agency Defaulted on cost of mortgage of Rs 2,030.64 crore from banks, monetary establishments, and unlisted debt securities. The full quantity of mortgage excellent as on date stands at Rs 4,147.84 crore.
Punjab Nationwide Financial institution: The Reserve Financial institution of India imposed penalty of Rs 2 crore on PNB for non-compliance with the instructions on identification and reporting of frauds, and inaccurate knowledge reporting on CRILIC platform, for the years 2017-18 and 2018-19.
Shriram Transport Finance Firm: The corporate authorised elevating of funds by issuance of fairness shares and warrants to promoter Shriram Capital, on a preferential foundation.