Stocks in news: Tata Motors, Bank of Baroda, Cipla, BPCL, Manappuram Finance
State-run BPCL on Thursday posted a 35% drop in its standalone net profit at Rs 4,224 crore in the fourth quarter, compared with Rs 6,478 crore in the last year period.
Domestic markets resumed their corrective stance on Thursday following a day of consolidation, experiencing a decline of nearly 1.5%. In today's trade, shares of , , , , among others will be in focus due to various news developments and .Tata Motors, , Cipla
Shares of , Bank of Baroda and Cipla will be in focus as the companies will announce their fourth quarter results today.
BPCL
State-run BPCL on Thursday posted a 35% drop in its standalone net profit at Rs 4,224 crore in the fourth quarter, compared with Rs 6,478 crore in the last year period.
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ZEE
The Board of ' will meet on May 17 to consider and approve financial results and also consider a dividend payment.
HPCL
on Thursday announced a bonus share issue of 1:2 and a final dividend of Rs 16.50.
Mahanagar Gas posted a net profit of Rs 265 crore for the fourth quarter. Revenue from operations stood at Rs 1,567 crore.
The Board of Solara Active Pharma approved raising up to Rs 450 crore through a rights issue. The price is fixed at Rs 375 per share.
Abbott India posted a net profit of Rs 287 crore in the March quarter. Revenue from operations came in at Rs 1,439 crore.
Manappuram Finance
The Board of Manappuram Finance approved the re-appointment of Madhu Mohan as chief risk officer of the company.
Brigade Enterprises said it is going to develop a residential project in Bengaluru at a gross development value of Rs 660 crore.
Source: Stocks-Markets-Economic Times
