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    Stocks in the news: Asian Paints, Havells, L&T Finance, Angel One and telcos

    Synopsis

    Asian Paints, JSW Steel, ICICI Lombard, Mphasis, IDBI Bank, Macrotech Developers, Concor and IEX are among the companies that will announce their September quarter results today.

    A woman walks past the Bombay Stock Exchange building in MumbaiReuters
    Stocks in buzz: Varroc Engineering, JSL Hisar, Shoppers Stop, Snowman Logistics, Shakti Pumps, NBCC, Future Retail and more
    Nifty futures on the Singapore Exchange traded merely 19 points, or 0.07 per cent higher at 18,334, signaling that Dalal Street was headed for a flat start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:

    Asian Paints, JSW Steel, IEX:
    Asian Paints, JSW Steel, ICICI Lombard General Insurance, Mphasis, IDBI Bank, Macrotech Developers, Concor, Biocon, TVS Motor, Indian Hotels, IEX and IndiaMART InterMESH are among the companies that will announce their September quarter results today.

    Havells India: The consumer electrical goods maker reported a 7.34 per cent decline in its consolidated net profit to Rs 302.39 crore for the quarter ended on September 30, 2021, compared to Rs 326.36 crore in the year-ago quarter.

    Telcos: India's largest telecom operator Reliance Jio gained 6.49 lakh mobile users in August, leading the subscriber addition tally as the second-largest Bharti Airtel added 1.38 lakh users, according to TRAI data.

    L&T Finance Holdings: The NBFC reported a 10 per cent decline in its consolidated net profit to Rs 223 crore for the second quarter ended September 2021. It had posted a net profit of Rs 248 crore in the corresponding period of the previous financial year.

    Angel One: The broking firm erstwhile known as Angel Broking reported higher consolidated profit at Rs 134.2 crore in September 2021 quarter against Rs 74.5 crore in the same quarter previous fiscal.

    Varroc Engineering: HDFC Asset Management Company acquired 0.58 per cent stake in the company via open market transactions on October 19, increasing shareholding to 5.11 per cent from 4.53 per cent earlier.

    Jindal Stainless (Hisar): The steel maker said it has commissioned a precision strip mill having a capacity of 26,000 tonnes per annum at its plant in Hisar.

    NBCC (India):
    The State-owned construction player has bagged orders worth Rs 375 crore in Haryana, Delhi, and Rajasthan as a project management consultant.

    Shoppers Stop:
    The retail chain reported narrowing of its consolidated net loss to Rs 3.68 crore for the September quarter, helped by a comeback in sales. The company had posted a net loss of Rs 97.70 crore in the July-September period a year ago.

    Snowman Logistics: The cold chain storage chain reported a profit of Rs 0.47 crore in three months to September against a loss of Rs 1.72 crore in the same quarter last year. The company's revenue increased 21.45 per cent to Rs 70.07 crore in the second quarter of the fiscal as against a revenue of Rs 57.69 crore during Q2FY21.

    Shakti Pumps: The pump manufacturer reported a 36.28 per cent jump in consolidated profit after tax (PAT) to Rs 20.77 crore for the September 2021 quarter. The company's PAT stood at Rs 15.24 crore during the corresponding quarter of 2020-21.

    Hathway Cable & Datacom: The broadcasting company reported a 63.59 per cent decline in its consolidated net profit to Rs 19.05 crore for the second quarter ended September 30, 2021. The company had posted a net profit of Rs 52.33 crore in the July-September period a year ago.

    Oriental Hotels: The associate company of The Indian Hotels Company , said the company expects business recovery to be driven by domestic leisure and business tourism.

    Future Retail: The Singapore-based arbitration tribunal has held that Future Retail is a party to the ongoing arbitration between Amazon and Future group in the dispute over sale of Future Group's assets to Reliance Retail.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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