Following are the top 10 stocks that are likely to be in focus on Thursday:
Coal India: The state-run company reported on Wednesday 6,692.94 crore as compared to net profit in the quarter ended March 4,586.78 crore in the corresponding period of the previous year, registering a year-on-year growth of 45.91%. Revenue from operations for the fourth quarter of 2021-22 increased to . done 3,2706.77 crore registering a growth of 22.49%
Vodafone Idea: Markets regulator Sebi on Wednesday exempted the government from making an open offer to shareholders of Vodafone Idea as per the proposed acquisition on conversion of over 33 per cent stake in the telecom operator into equity.
InterGlobe Aviation: The airline, which operates IndiGo, said on Wednesday that its consolidated losses widened Rising fuel cost of Rs 1,682 crore in the March quarter, due to a depreciating rupee and a fall in demand in early January. Indigo had recorded a loss of 1,147.16 crore in the year-ago period. Revenue up 9% compared to a year ago 8,207 crores.
Infosys: The IT major has tied up with global cyber security leader Palo Alto Networks to enhance the security-maturity of large enterprises with mission-critical digital landscapes and help them mitigate the threat of cyberattacks on their critical infrastructure.
Bata India: The shoemaker reported a more than two-fold increase in its consolidated net profit This was helped by strong sales of Rs 62.96 crore for the fourth quarter ended March. Company’s revenue from operations up 12.77% 665.24 crore during the quarter under review.
Bharat Petroleum Corporation: The oil retailer reported an 82% drop in net profit for the quarter ended March 2022, as the firm held fuel prices up despite cost escalation. Revenue from operations up 25 percent 1.23 lakh crore on higher oil prices, but losses on sales of petrol, diesel and domestic LPG hit the financial position.
Dish TV: The DTH service provider has announced the appointment of its former chief executive officer RC Venkatesh as non-executive independent director for a period of five consecutive years with effect from May 25.
NHPCThe state-owned company on Wednesday reported a nearly 7% rise in its consolidated net profit 515.90 crore in the March quarter. The total income of the company in the quarter was 2,026.62 crore against 2,100.12 cores a year ago.
BirlasoftThe promoters of the company have confirmed that they do not intend to participate in the proposed share buyback program of the firm. The company had offered to buy back up to 7,800,000 fully paid-up shares. 2 each.
Suzlon EnergyCompany’s consolidated net loss 205.52 crore in the March quarter. Total income increased in the quarter under review 2,478.73 crore from 1,141.15 crore in the same period a year ago.