Business

Stocks to Watch: Muthoot Finance, Bharat Dynamics, Welspun Corp and more

Muthoot Finance, Stocks to Watch, Top Stocks
Number of images1 / 9

Muthoot Finance | The gold loan financier reported a 17% year-on-year increase in its net profit at ₹1,056.3 crore for the fourth quarter. In the corresponding quarter of the previous fiscal, it recorded a net profit of ₹902.6 crore. Net interest income (NII) climbed 15.2 per cent to ₹2,134.8 crore from ₹1,853.3 crore in the corresponding quarter of FY23.

Bharat Dynamics, Stocks to Watch, Top Stocks
Number of images2 / 9

Dynamic Bharat | The defense public sector undertaking reported an 89 per cent rise in its net profit year-on-year at ₹288.8 crore for the fourth quarter. In the corresponding quarter of FY23, it recorded a net profit of ₹152.8 crore. Its operating revenue grew 7% to ₹854.1 crore from ₹798.3 crore in the year-ago period.

Welspun Corp, Stocks to Watch, Top Stocks
Number of images3 / 9

Welspun Corp. | The flagship company of the Welspun Group reported a 19.7 per cent increase in its net profit year-on-year at ₹287.3 crore for the fourth quarter. In the corresponding quarter of FY23, it recorded a net profit of ₹240.1 crore. The company’s revenue grew 9.6 per cent to ₹4,461.2 crore from ₹4,070.2 crore in the year-ago period.

Apollo Hospitals, Stocks to Watch, Top Stocks
Number of images4 / 9

Apollo Hospitals | The healthcare provider reported a 77.6% year-on-year rise in net profit to ₹258.4 crore for the fourth quarter. In the corresponding quarter of the previous fiscal, it recorded a net profit of ₹145.6 crore. The CNBC-TV18 poll predicted a profit of ₹249.8 crore for the quarter under review.

Sunteck Realty, Stocks to Watch, Best Stocks
Number of images5 / 9

Sunteck Real Estate | The real estate player reported a net profit of ₹101.3 crore for the fourth quarter ended March 31, 2024. In the corresponding quarter, it posted a net loss of ₹27.9 crore. The company’s operating revenue increased by 773.01 per cent to ₹426.9 crore as compared to ₹48.9 crore in the corresponding period of the previous fiscal.

Praj Industries, Stocks to Watch, Top Stocks
Number of images6 / 9

Praj Industries | The industrial biotechnology company reported a 4.3 per cent increase in its net profit year-on-year at ₹91.9 crore for the fourth quarter. In the corresponding quarter, it recorded a net profit of ₹88.1 crore. The company’s turnover increased by 1.5 per cent to ₹1,018.6 crore as against ₹1,003.9 crore in the corresponding period of the previous fiscal.

KIMS, stocks to watch, main actions
Number of images7 / 9

KIMS | The hospital chain said its subsidiary KIMS Hospital Bengaluru has entered into a lease agreement to set up a 350-bed super-speciality hospital at the Peoples Education Society (PES) campus in Electronic City, Bengaluru. The 25-year lease agreement allows KIMS Hospital, Bengaluru to lease the hospital land and building from PES.

Jio Financial Services, Stocks to Watch, Top Stocks
Number of images8 / 9

Jio Financial Services | The company announced the launch of its new app “JioFinance”, currently in beta phase. According to a press release, the app is designed to appeal to users of all levels familiar with financial technology, helping them manage their money at their fingertips.

Gujarat Alkalies, Stocks to Watch, Top Stocks
Number of images9 / 9

Alkalis from Gujarat | The company reported a net loss of ₹46.2 crore for the fourth quarter ended March 31, 2024. In the corresponding quarter last year, it recorded a net profit of ₹71 crore. The company’s operating revenue declined 12 per cent to ₹1,001.6 crore from ₹1,138.1 crore in the year-ago period.

cnbctv18-forexlive

Back to top button