Here is a list of top 10 stocks that are likely to be in focus on Monday:
heroFSN E-commerce, which operates under the Nykaa brand, reported a nearly 57 per cent fall in its consolidated profit on Friday. 7.57 crore for the fourth quarter ended March 2022, mainly on account of fresh investments.
ONGCState-owned Oil and Natural Gas Corporation (ONGC) has earned the best ever price on crude it produces, registering a record net profit. 40,305 crore in the financial year ended March 31, becoming India’s second most profitable company after Reliance Industries Ltd. In a statement, ONGC said that the net profit for FY22 (April 2021 to March 2022) has grown by 258 per cent. 40,305.74 crore from 11,246.44 crore in the last financial year.
Glenmark PharmaGlenmark Pharmaceuticals Ltd on Saturday reported a net consolidated profit of Rs. 172.6 crore for the quarter ended March 2022 234 crore in the corresponding period of last year, registering a decline of 26 per cent.
oil indiaOil India Limited (OIL) has earned a net profit of 3,887.31 crore for the year ended March 2022, which is 123.20 percent higher than Last year profit of 1741.59 crore was registered. Speaking to ANI, SC Mishra, CMD, Oil India Limited said that one of the reasons behind the record profit is the high prices of crude oil and gas.
United SpiritsDiageo-controlled brewer United Spirits Ltd (USL) on Friday reported a 12.14 per cent decline in consolidated net profit. 178.6 crore for the fourth quarter ended March as margins were affected by rising inflation.
JSW Steel: JSW Steel Ltd reports consolidated net profit on Friday 3,234 crore for the quarter ended March 2022, which is 23 per cent lower than 4,198 crore recorded in the corresponding period of last year.
Arvind Fashions: Arvind Fashions Ltd. on Friday reported a consolidated net profit of Rs. 22.38 crore for the fourth quarter ended March 2022. The company had posted a consolidated net loss after tax 99.45 crore in the same quarter of the previous fiscal, Arvind Fashion Ltd said in a regulatory filing.
Mahindra & Mahindra: Mahindra & Mahindra (M&M) on Saturday reported a standalone profit (before exceptional items) on 1,167 crore for the fourth quarter of 2021-22 as compared to 998 crore in the corresponding period of last year, registering a growth of 17 per cent year-on-year.
Hinduja Global SolutionsBusiness process management firm Hinduja Global Solutions said its consolidated profit after the manifold hike in tax 5,686 crore for the quarter ended March, primarily on account of one-time gains from disinvestment of its healthcare business.
NMDCNational Mineral Development Corporation (NMDC), the largest state-run iron ore miner, made profit after tax 1,815 crore for the quarter ended March 2022 as compared to 2,838 crore were recorded in the corresponding period of last year, registering a year-on-year decline of 36.04 per cent, according to an official statement released on Saturday.