Stocks to Watch: ICICI Bank, RIL, Tejas Network, Tata Metaliks, Religare
3 min read

Shares to Enjoy These days: The US marketplaces noticed a steep slide in excess of the weekend, which might prompt the important benchmark indicies to start off trade on a gloomy be aware. Global gatherings like the Ukraine war, contemporary increase in Covid conditions, significant commodity costs will be the essential variables to monitor this 7 days, whilst back again residence, the Q4 earning will be curcial to look at. As of 06:50 AM, the SGX Nifty April futures quoted at 17,027 as versus the location Nifty near of 17,173 on Friday.


Earnings View: Century Textiles, Eveready, GMDC, Maharashtra Scooters, Snowman Logistics and Tatva Chintan Pharma are some of the well known organizations scheduled to announce Q4 outcomes on Monday.







ICICI Financial institution: The non-public sector lender reported a 59 for every cent jump in net gain in Q4FY22 aided by strong enhance in net interest revenue (NII) and decrease provisions. Net revenue totaled to Rs 7,019 crore when as opposed with Rs 4,403 crore in the 12 months ago time period, beating avenue estimates. Study Far more


Reliance Industries: The Mukesh Ambani-led business known as off its settlement to invest in Potential Retail for virtually Rs 25,000 crore following lenders rejected the deal.


Aurobindo, Sun Pharma, Jubilant: The 3 pharma majors have been recalling distinctive solutions in the US sector for various causes, in accordance to the most up-to-date enforcement report by the US Foodstuff and Drug Administration (USFDA). Examine Additional


HDFC Financial institution: The financial institution has declared a dividend of Rs 15.50 per share, and established May perhaps 13 as the record date for the identical.


Sundram Fasteners: The enterprise claimed a 45.08 for each cent fall in Q4 internet income for the quarter finished March 2022 at Rs 130.02 crore as towards Rs 71.41 crore in the corresponding quarter a yr back. Total income was up 7 for every cent on YoY basis at Rs 1,157.32 crore.


Religare Enterprises: The NBFC educated the stock exchanges that it paid out Rs 5.41 crore to industry regulator Sebi to settle its earlier situations. The launch mentioned that the enterprise experienced submitted an application for settlement less than the SEBI (Settlement Proceedings) Regulations, 2018 devoid of admission or denial of SEBI’s findings. Read through A lot more


ONGC: The company has commissioned two jobs costing Rs 6,000 crore to increase 7.5 million tonnes of oil generation and 1 billion cubic meters of gas output about the everyday living of the Mumbai Significant fields, in a bid to raise efficiency from experienced and aging fields.


Tejas Networks: The company posted a consolidated reduction of Rs 49.62 crore in Q4, as the scarcity of digital chips hit its telecom gear output. Tejas Community experienced posted a earnings of Rs 33.55 crore in the period a calendar year in the past. Overall profits declined 37.2 per cent YoY to Rs 126.5 crore.


Tata Metaliks: The organization posted a 30 per cent drop in its web financial gain to Rs 52.46 crore for Q4 owing to increased bills. Overall profits in the course of the mentioned quarter, nonetheless, rose to Rs 814.65 crore when compared to Rs 663.64 crore in the year-ago period.


Hindustan Zinc: The Vedanta team business reported an 18 per cent increase in consolidated web financial gain to Rs 2,928 crore for the Q4, on the back of higher volumes and increase in steel price ranges. The consolidated money greater to Rs 9,074 crore from Rs 7,242 crore in the yr-back time period.


Financial institution of Baroda (BOB): The public sector loan company slash the lending charge for property mortgage by 25 foundation factors to 6.5 per cent till conclusion of June 2022 to drive retail credit history. This exclusive rate is available throughout all financial loans amounts and is linked to a borrower’s credit profile.


Sarda Strength & Minerals: The company’s board has approved a share buyback of up to 8.11 lakh shares at Rs 1,500 per share. The full total to be invested on the buyback software ought to not be exceeding Rs 121.67 crore. The inventory last traded at Rs 1,310.


Moneyboxx Finance: The company’s board has authorised a proposal to increase up to Rs 26.17 crore by way of preferential challenge of fairness shares. The organization options to issue 22.75 lakh shares at Rs 115 each and every. The board also approved a proposal to raise up to Rs 200 crore via NCDs.


Zensar Technologies: The company informed BSE, that it appointed Sachin Zute as the Chief Finance Officer. Prior to joining Zensar, Sachin served as Vice President-Finance and Head of Organization Finance – Sector Segments, Mergers & Acquisitions, and Treasury at Infosys.

