On Tuesday, domestic markets took a pause from recent declines, showing gains of over 1% due to strong global cues. Today’s trading will highlight several key stocks:
- LIC, Eicher Motors, RVNL, SAIL, MRF, GRSE: These companies are scheduled to announce their first-quarter results, drawing significant attention.
- BSE: India’s oldest stock exchange reported a net profit of Rs 265 crore for the quarter ending June 2024, marking a 40% decrease compared to the previous year.
- Tata Motors: Moody’s has upgraded Tata Motors’ corporate family rating (CFR) to Ba1 from Ba3 and maintained a positive outlook on all other ratings.
- Coromandel International: The company has appointed S Sankarasubramanian as its new MD and CEO.
- Protean eGov Technologies: Standard Chartered Bank is expected to sell a 3.09% stake in Protean eGov Technologies through block deals tomorrow.
- NHPC: NHPC reported a net profit of Rs 1,108 crore for the first quarter, with revenue from operations reaching Rs 2,694 crore.
- Apollo Tyres: The company posted a net profit of Rs 302 crore for the April-June 2024 period, with revenue from operations at Rs 6,335 crore.
- Hindalco: Novelis, a subsidiary of Hindalco, reported a net income of $151 million for the first quarter, with adjusted EBITDA at $500 million.
