Page 674 - Si Reporter

MARKET: Sensex slips 433 pts ahead of AGR hearing; Nifty Bank down over 2%

All that happened in the markets today

Ramco Cements slips over 2.5% as Q1 PBT drops 43% to Rs 157.5 crore

The company said the progress of the ongoing capex programme has been delayed due to Covid-19.

Hindalco dips 1.5% on Rs 709 crore loss in June quarter

At 2:24 pm, the stock was trading 0.5 per cent lower at Rs 182.6 on the BSE, as against 593 points, or 1.56 per cent, dip in the S&P BSE Sensex

Parag Milk Foods up 7% on launching a new product in its premium category

The profit margins of dairy companies are expected to increase in the September quarter after a sharp contraction in the March and June quarters.

Telecom stocks trade flat ahead of today's SC hearing on AGR payments

In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh

Consolidated profit before tax (PBT) fell 32.5 per cent to Rs 172.27 crore, as against Rs 255.15 crore in Q1FY19

Redington India in focus; shares jump 18% post June quarter nos

The company's net profit declined 19.31 YoY per cent to Rs 88.78 crore.

Hero MotoCorp shares slip 2% after June quarter profit plunges 95% YoY

The company is already seeing green shoots, and expects them to sustain and get stronger as it moves toward the festive season

Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3%

All the 10 constituents of the Nifty Pharma index were trading in the green.

Greaves Cotton dips 3% post Q1 nos; Nagesh Basavanhalli steps down as CEO

The Board of the company approved the resignation of Nagesh Basavanhalli as Managing Director and CEO and appointed him as the Vice Chairman (Non-Executive) with immediate effect

3M India slides 4% on consolidated net loss of Rs 43 crore in June quarter

It's standalone net loss came in at Rs 39.91 crore during the quarter under review, compared to Rs 84.9 crore profit in the year-ago period

BPCL dips 1% despite 93% YoY jump in Q1 PAT of Rs 2,076 cr, recovers later

According to the oil and gas company, the rise in profit was mainly due to inventory gain, despite a decline in sales and weak refining margin

Stocks to watch: Tata Steel, telcos, Hero MotoCorp, Eicher Motors, BPCL

Here's a list of stocks that may remain in focus today.

Benchmarks settle flat, Nifty ends at 11,300; Bharti Airtel slips over 2%

All that happened in the markets today

Ashok Leyland leaps 10% post Q1 nos; Co expects margin to improve ahead

In a post-earnings conference call, the company said that demand has picked up

Tata Power rallies 8% on merger proposal with 3 wholly-owned subsidiaries

That apart, the company's net profit rose by 10% to Rs 268 crore for quarter ended June on the back of reduced expenses, compared to a net profit of Rs 243 crore reported in the year-ago period

eClerx Services hits 20% upper circuit as Q1 net rises 30% YoY to Rs 52 cr

Operating revenue for the quarter ended June 30, 2020, was Rs 336.6 crore, down 5.1 per cent YoY.

Aster DM Healthcare tumbles 7% on Rs 83 crore loss in June quarter

On a consolidated basis, the loss came in at Rs 83 crore, compared to net profit of Rs 3 crore in the year ago period

Aurobindo Pharma declines 4% despite 23% YoY jump in June quarter profit

Interim dividend of Rs 1.25 per equity share of Re 1 has been approved by the board for FY21

Indiabulls Group stks up as SS Mundra to be non-executive chairman of IBHFL

The announcement came after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.