Stocks to watch: Godrej Consumer, HPCL, Ashok Leyland, Biocon

Here is a list of top 10 stocks that are likely to be in focus on Friday:

Godrej ConsumerDomestic FMCG major Godrej Consumer Products Ltd (GCPL) on Thursday reported a marginal decline in consolidated profit after tax. 363.24 crore for the fourth quarter ended March. The company had posted a consolidated profit after tax 365.84 crore in the year-ago period, GCPL said in a regulatory filing.

HPCLHindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 40 per cent decline in net profit for the quarter ended March 31, as higher refining margins were wiped out by losses on auto fuel sales. net profit of 1,795.26 crore in January-March as compared to Rs. 3,017.96 crore a year ago, the company said in a stock exchange filing.

Equitas Small Fin BankEquitas Small Finance Bank (ESFB) founder and CEO PN Vasudevan has asked the lender to look for his successor as it looks to hang its shoes on pursuing “a different goal”. He is also the Managing Director of Equitas, which started as a micro finance institution in 2007 and later converted into a bank in 2016.

Ashok LeylandHinduja Group chief Ashok Leyland on Thursday reported a 58.14 per cent decline in consolidated net profit. 157.85 crore in the fourth quarter ended March 2022, down from higher expenses. The company posted a consolidated net profit of 377.13 crore in the same quarter of the previous fiscal, Ashok Leyland said in a regulatory filing.

Punjab And Sind BankPunjab and Sind Bank on Thursday reported a more than two-fold jump in net profit 346 crore for the quarter ended March 2022, helped by a decline in bad loans. The state-owned lender had posted a net profit of 160.79 crore in the same quarter of the previous financial year.

BOSCHAuto component major Bosch Ltd on Thursday reported a 27.28 per cent decline in consolidated net profit In the fourth quarter ended March 2022, Rs 350.5 crore fell short of overspending. The company posted a consolidated net profit of 482 crore in the same period last fiscal, Bosch Ltd said in a regulatory filing.

v-guardLeading consumer electronics maker V-Guard Industries on Thursday reported a 31 per cent jump in consolidated net profit for the March quarter. 89.6 crore, driven by strong growth in the consumer durables and electrical segment.

Vishal FabricsAhmedabad-based Vishal Fabrics, one of the largest manufacturers of denims, on Thursday reported a 41 per cent rise in its net income. 20 crores for the March quarter, on better margins and higher sales.

Ajmera RealtyAjmera Realty & Infra India on Thursday reported 12 per cent growth in consolidated net profit 14.01 crore for the quarter ended March 2022. it was a net profit 12.48 crore in the year-ago period.

BioconBiocon Ltd. said on Thursday that its arm Biocon Biologics Ltd. and Viatris Inc. have launched their biosimilar product – Abevmi (bevacizumab) in Canada for use in the treatment of cancer. Abevmi, co-developed by Biocon Biologics and Viatris, is a biosimilar to Roche’s Avastin (bevacizumab) and has been approved by Health Canada in four oncology indications, Biocon said in a regulatory filing.

subscribe to mint newspaper

, Enter a valid email

, Thank you for subscribing to our newsletter!