Stocks in news: Apollo Hospitals, ICICI Pru Life, Hero MotoCorp, Muthoot Finance, Welspun Corp

Equity markets faced losses on Thursday due to uncertainty surrounding the election results. Shares of Apollo Hospitals, ICICI Pru Life, Hero MotoCorp, Muthoot Finance, and Welspun Corp were in focus with notable developments. RR Kabel, Premier Explosives, Suven Pharma, and Bharat Dynamics also had updates.

faced deepening losses on Thursday due to surrounding the . In today's trade, shares of , , , , and among others will be in focus due to various developments and quarterly earnings

Apollo Hospitals
Leading hospital chain Apollo Hospitals on Thursday reported 77% growth in its consolidated net profit at Rs 258 crore for the fourth quarter ended March 2024.

RR Kabel
PE firm TPG Asia on Thursday sold its entire stake in wire and cable manufacturer RR Kabel through block deals, according to the exchange data.

Premier Explosives
Premier Explosives has fixed June 21 as the record date for its proposed 5-to-1 stock split.

ICICI Pru Life
Insurance regulator IRDAI has approved the appointment of Sandeep Batra as Chairman of the Board of directors of the company.

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Hero MotoCorp
Hero MotoCorp has launched the latest generation of the iconic Splendor – the Splendor+ XTEC 2.0 – to celebrate the 30th anniversary of the world’s highest-selling motorcycle.

Suven Pharma
Suven Pharma reported a net profit of Rs 53.4 crore in the January-March 2024 period. Revenue from operations was at Rs 253 crore.

Welspun Corp
Welspun Corp posted a net profit of Rs 287 crore in the fourth quarter. Revenue from operations came in at Rs 4,461 crore.

Bharat Dynamics

Bharat Dynamics recorded a net profit of Rs 289 crore in the March quarter. Revenue from operations stood at Rs 854 crore.

Muthoot Finance
Muthoot Finance's net profit increased 17% to Rs 1,056 crore in the fourth quarter. NII during the same period rose 15% to Rs 2,135 crore.

Source: Stocks-Markets-Economic Times

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