Buzzing Stocks: Kotak Mahindra Bank, PNB, Aurobindo, Archies and others that will be in focus today
Check out the companies making the biggest headlines before the bell today .
Quarterly Results on June 1: Chemcon Speciality Chemicals, Aurobindo Pharma, Allied Digital Services, APM Industries, Asian Granito India, Astron Paper & Board Mill, Bannari Amman Spinning Mills, Blue Coast Hotels, Chaman Lal Setia Exports, Ganesh Housing Corporation, High Energy Batteries, Honeywell Automation India, Ingersoll-Rand (India), Jamna Auto Industries, JBF Industries, Karda Constructions, Kolte-Patil Developers, Lasa Supergenerics, Lloyds Steels Industries, Magma Fincorp, Man Industries, Marksans Pharma, Nahar Industrial Enterprises, Nahar Spinning Mills, Narayana Hrudayalaya, Prakash Industries, Rupa & Company, Shilpa Medicare, Simplex Realty, Tourism Finance Corporation of India, Uttam Galva Steels, Vascon Engineers, and Venus Remedies.
Kotak Mahindra Bank: The bank approved the proposal for issuance of unsecured, non-convertible, redeemable debentures/bonds/other debt securities, on private placement basis for an amount up to Rs. 5,000 crore, in one or more tranches.
Punjab National Bank: The bank intends to divest its stake in Canara HSBC OBC Life Insurance, an associate company of the bank, at an appropriate time depending on the market conditions and available options.
Bank of Baroda: The bank reported loss of Rs. 1,046.5 Crore in Q4FY21 against profit of Rs. 506.59 Crore in Q4FY20. Net interest income rose to Rs. 7,106.62 Crore from Rs. 6,798.18 Crore YoY.
Paisalo Digital: State Bank of India bought 4,37,498 equity shares in Paisalo Digital at Rs. 570 per share on the National Stock Exchange(NSE), the bulk deals data showed.
Divi’s Laboratories: Consolidated profit increased to Rs 502.02 crore in Q4FY21, from Rs 388.23 crore in Q4FY20. Consolidated reveune jumped to Rs 1,788.19 crore, from Rs 1,389.71 crore YoY.
Suzlon Energy: Himanshu Mody is appointed as the new Chief Financial Officer of the company.
Cadila Healthcare: Zydus Cadila received their final approval from USFDA for Fluphenazine hydrochloride tablets, which are used to treat symptoms of a certain type of mental/mood condition (schizophrenia).
Zee Entertainment : BlackRock Inc, a major investor sold 18,81,665 equity shares or 0.19% stake in Zee via open market transaction on May 27, reducing shareholding to 3.2% from 3.39% earlier.
Fortis Healthcare: The healthcare company reported consolidated profit at Rs 62.36 crore in Q4FY21 against loss of Rs 41.24 crore in Q4FY20, revenue rose to Rs 1,252.44 crore from Rs 1,112.92 crore YoY.
Dhanlaxmi Bank: The bank reported standalone profit at Rs 5.28 crore in Q4FY21 against profit of Rs 2.6 crore in Q4FY20, revenue falls to Rs 71.28 crore from Rs 85.54 crore YoY.
