pb fintech: Stocks in the news: PB Fintech, Bharat Forge, M&M, Zensar and Apollo Hospitals
Trent,: Apollo Hospitals Enterprise, Page Industries, Trent, Bharat Forge,
Bata India, , and are among the companies that will announce their results for the June quarter today.
PB Fintech: The parent company of online insurance broker Policybazaar reported a widening of its consolidated loss to Rs 204.33 crore in the first quarter ended June 30, 2022, according to a BSE filing.
Bharat Forge: A court in Singapore has dismissed Bharat Forge’s case against Bombardier, two years after the Indian auto components giant took the Canadian aircraft maker to court over alleged defective parts in an aircraft.
Simbhaoli Sugar:
has filed for bankruptcy over a loan of Rs 395 crore, according to people briefed on the matter.
M&Ms: Life Insurance Corporation said it has sold 2 percent of its stake in carmaker Mahindra & Mahindra for around Rs 2,222.49 crore.
SAIL: State-owned SAIL posted a 79 percent fall in consolidated net profit to Rs 804.50 crore during the June quarter dragged by higher expenses.
Tata Consumer Products: The company reported 38.2 percent rise in consolidated net profit to Rs 276.72 crore for the June quarter, helped by cost control initiatives and price increases during the period.
Delta Corp,: Two shares Delta Corp and
is under the F&O ban on Thursday 11 August. Securities in the prohibition period under the F&O segment include companies where the security has exceeded 95 per cent of the market-wide position limit.
Suzlon: The company posted a multifold increase in net profit to Rs 2,432.55 crore in the June quarter compared to the previous year, helped by exceptional gains.
GIC RE: Sole domestic reinsurer GIC Re reported a net income of Rs 689.72 crore in the April-June quarter of FY23, against a net loss of Rs 771.73 crore a year ago.
Glenmark Pharmaceuticals: The drugmaker reported a 31 percent decline in consolidated net profit to Rs 211 crore for the first quarter ended June due to sales decline in domestic and US markets.
Zensar Technologies: The investment company Plutus Wealth Management bought shares in the IT company on Wednesday
for Rs 167 crore through an open market transaction.
J&K Bank: Jammu & Kashmir Bank on Wednesday reported a 59 per cent jump in net profit to Rs 165.9 crore in the first quarter of FY23 on the back of higher revenues.
ITI: State-owned telecom equipment maker ITI Limited on Wednesday reported that its consolidated loss widened to Rs 99.7 crore in the first quarter ended June 30, 2022.
CESC: The company posted an increase of over 6 percent in its consolidated net profit to Rs 297 crore in the June quarter compared to the same period last year, mainly due to higher revenues.
Essar Shipping: The company reported a narrowing of its consolidated loss to Rs 15.64 crore in the first quarter ended June.
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