Market Fatafat: Stocks that are making news today

Market Fatafat is designed for viewers to know what stocks are buzzing in trade today. We take up a handful of stocks that are showing sharp movements and discuss why they are the newsmakers for today.
Market Fatafat: Stocks that are making the news today

Market Fatafat: Stocks that are making news today

Photo : iStock
KEY HIGHLIGHTS
  • Earnings Cheer On D-Street
  • Dalmia Bharat, Britannia, Venkeys Buzzing On The Back Of Earnings
  • Gazprom Defaulted On The Supply Of 8 Cargoes To GAIL
Mumbai: Let's talk about a few stocks that are in focus today.
1 - REC
Q1 Revenue at ₹9,497 croreore vs ₹9,550 croreore, down 0.6 percent. Net Profit at ₹2,454 croreore vs ₹2,268 croreore, up 8.2 percent. The company will raise funds via NCDs up to ₹75,000crore.
2 - DALMIA BHARAT
Q1 Consolidated Revenue at ₹3,302 croreore vs ₹2,591 croreore, up 27.4 percent. Net Profit at ₹205 crore vs ₹280 crore, down 26.8 percent. Reported EBITDA at ₹586 crore vs ₹713 crore, down 17.8 percent.
3 - BRITANNIA
Q1 revenue at ₹3,701 crore vs ₹3,403 crore, up 8.7 percent. PAT at ₹337.4 crore vs ₹389 crore, down 13.4 percent. EBITDA at ₹500 crore vs ₹553 crore, down 9.6 percent.
4 - VENKYS
Q1 Revenue at ₹1,196 crore vs ₹1,085 crore, up 10.23 percent. EBITDA at ₹71.3 crore vs ₹79.2 crore, down 9.92 percent. PAT at ₹49.3 crore vs ₹55 crore, down 10.36 percent.
5 - CONCOR
Q1 consolidated Revenue at ₹1,993 crore vs ₹1,820 crore, up 9.5 percent. Net Profit at ₹295 crore vs ₹251 crore, up 17.5 percent. EBITDA at ₹477.5 crore vs ₹438.02 crore, up 9 percent.
6 - CG CONSUMER
21 shares of CG Consumer have changed hands in 3 block deals at ₹374 per share. According to agencies, a unit of Singapore's Temasek Holdings Pte was to sell the stake.
7 - LUPIN
Lupin exited 15 low-margin products in the US in Q1. gSuprep/gSpiriva launch is expected in Q2/Q4FY23. The goal date for Spiriva is August 17.
8 - SPANDANA
Q1 NII at ₹147 crore vs ₹253.4 crore, down 42 percent. Loss at ₹219 crore vs Profit ₹55 crore. Disbursement at ₹1320crore vs ₹216crore, up 511 percent.
9 - GAIL
Gazprom Marketing and Trading Singapore have defaulted on the supply of eight cargoes of liquefied natural gas to the company since late May, and the latter is engaging with the company and its former parent Russian gas major Gazprom to resolve the issue.
10 - M&M
Revenue At ₹19,612.6 Vs ₹11,764.8, 66.7 percent up. Dr Anish Shah, Managing Director & CEO of the company said that their performance this quarter is a reflection of the focus on delivering on their commitments to their stakeholders and customers.
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