Here's a slew of stocks that will be in focus today for various reasons
SBI Life
SBI Life has reported a net profit of Rs 777 crore for the quarter ended March. The profit was higher by 15% compared with Rs 672 crore in the same quarter of last year.
Bajaj Finance
Bajaj Finance Ltd has posted a consolidated net profit of Rs 3,158 crore for the quarter ended March, which is higher 30% as compared to Rs 2,419 crore in the corresponding quarter of last year.
HDFC Life
HDFC Life Insurance has reported a net profit of Rs 359 crore for the January-March period. The profit growth is flat compared with Rs 357 crore in the same period last year.
L&T Tech
IT services company L&T Tech has reported 22% growth in its net profit at Rs 1,170 crore for the quarter ended March 2023. Revenue from operations during the quarter came in at Rs 8,014 crore for the same period, registering a growth of 22% year-on-year.
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Oracle Financial
The company has reported a net profit or Rs 479 crore for the fourth quarter, while revenue from operations came at Rs 1,470 crore.
The Reserve Bank of India (RBI) has approved the re-appointment of N Kamakodi as MD and CEO of City Union Bank for a period of three years. The appointment is effective from May 1.
Indus Towers
Oracle Financial has posted a net profit of Rs 1,399 crore for the quarter ended March. Revenue from operations, meanwhile, stood at Rs 6,752 crore.
Shoppers Stop
Shoppers Stop's net profit for the March quarter came in at Rs 14.3 crore as against a loss of Rs 15.9 crore in the year-ago period. Revenues, meanwhile, rose 30% to Rs 924 crore.
Syngene International has reported a net profit of Rs 179 crore and a revenue of Rs 995 crore.
Voltas
Voltas has reported a net profit of Rs 143 crore for the January-March period and the revenues came in at Rs 2,957 crore.
UTI AMC
UTI AMC's net profit rose about 59% for the March quarter to Rs 86 crore as against Rs 54 crore in the year-ago period. Revenues were flat at Rs 301 crore.
IIFL Finance
IIFL Finance's net profit rose 17% to Rs 269 crore for the March quarter, while net interest income (NII) was up 2.2%.
RVNL
The union government has approved Navratna status for Rail Vikas Nigam Ltd (RVNL).
HUL, Axis Bank, Bajaj Finserv, Wipro, LTIMindtree, Tech Mahindra Laurus Labs
Shares of HUL, Axis Bank, Bajaj Finserv, Wipro, LTIMindtree, Tech Mahindra and Laurus Labs will be in focus today as the companies will announce their fourth quarter results.
Stocks in news: HUL, Axis Bank, SBI Life, Wipro, Bajaj Finance, HDFC Life - The Economic Times
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