Stocks in news: Tata Consumer, Varun Beverages, IOC, ACC, PNB Housing
Tata Consumer, Varun Beverages, IOC, ACC, PNB Housing among others will be in focus due to various news developments and first quarter results.
ACC
Adani Group's cement unit ACC on Monday reported that its June quarter consolidated profit fell 22.5% year-on-year (YoY) to Rs 361.40 crore while the revenue fell 1% YoY to Rs 5,155 crore.
HPCL
State-owned fuel retailer HPCL reported that its standalone net profit fell 94.2% year-on-year (YoY) to Rs 355.80 crore.
IOC, Varun Beverages, GAIL, Macrotech, Tata Consumer
Shares of IOC, Varun Beverages, GAIL, Macrotech and Tata Consumer will be in focus as the companies will announce their quarterly results today.
Quess Corp
Quess Corp reported a net profit of Rs 104 crore in the first quarter, while revenues were at Rs 5,003 crore.
India Cements
Societe Generale sells 20.6 lakh shares of India Cements at an average price of 378.15 per share through bulk deal.
ITD Cementation
ITD Cementation received an order worth Rs 1,237 crore for constructing residential colonies in New Delhi.
Tata Steel
Tata Steel acquired 55.7 million equity shares in T Steel Holdings for $875 million.
PNB Housing Finance
Carlyle Group Quality Investment Holdings PCC is likely to sell up to 6.4% stake in PNB Housing Finance via block deals.
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