Stocks in news: Apollo Hospitals, NSDL, Nykaa, Berger Paints, Suzlon Energy – News Air Insight

Spread the love


Markets failed to build on gains in the previous session and ended nearly half a percent lower amid volatility on Tuesday. In today’s trade, shares of Apollo Hospitals, NSDL, Nykaa, Berger Paints, Suzlon Energy, among others, will be in focus due to various news developments.

Apollo Hospitals

Apollo Hospitals reported a consolidated net profit of Rs 433 crore in Q1 which was up 42% compared to Rs 305 crore reported in the year-ago period.

NSDL

National Securities Depository Ltd (NSDL) reported a consolidated net profit of Rs 90 crore in Q1 which was up 15% compared to Rs 78 crore reported in the year-ago period.

Nykaa

FSN E-Commerce, which operates ‘Nykaa’ brand, reported a consolidated net profit of Rs 24 crore in Q1, which was up 79% compared to Rs 14 crore reported in the year-ago period.

Berger Paints

Berger Paints India, the country’s second-largest paint manufacturer, is aiming to achieve a turnover of Rs 20,000 crore by 2030, a top company official said.

CG Power

CG Power said its US subsidiary, CG DE SUB, LLC, has partnered with Flanders Electric Motors Service, as the two companies aim to scale capabilities and expand in the USA rail market sector.

NMDC

NMDC reported a net profit of Rs 1,968 crore in the first quarter. Revenues stood at Rs 6,739 crore in the same period.

Cochin Shipyard

Cochin Shipyard‘s first quarter net profit increased 8% to Rs 188 crore on a year-on year (YoY) basis, up from Rs 174 crore.

Suzlon Energy

Suzlon Energy posted a 7% rise in its consolidated net profit to Rs 324.32 crore for the June quarter, driven mainly by higher revenues.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *