Stocks in focus on August 6, 2020
New Delhi: Markets surrendered early features to finish flat on Wednesday amidst profit-booking.
The BSE Sensex slipped within the pink to finish 24.58 factors or 0.07 per cent decrease at 37,663.33 whereas the NSE Nifty inched up 6.40 factors or 0.06 per cent to shut at 11,101.65.
Here are Stocks in give attention to August 6, 2020
HDFC
Mortgage lender HDFC Ltd has set the ground worth at Rs 1,838.94 per share for its certified institutional placement (QIP) situation that opened on Wednesday, in keeping with a regulatory submitting. On July 30, the board of administrators of HDFC had accepted elevating funds by means of issuance of fairness shares and secured redeemable non-convertible debentures concurrently with warrants aggregating as much as a cumulative quantity of Rs 14,000 crore on a QIP foundation.
Apollo Tyres
Apollo Tyres on Wednesday reported a consolidated web lack of Rs 135 crore for the primary quarter ended June 30, hit by decrease gross sales on account of coronavirus pandemic. The tyre maker had reported a web revenue of Rs 142 crore within the April-June final fiscal. Net gross sales in the course of the quarter below evaluation declined to Rs 2,828 crore, from Rs 4,272 crore within the year-ago interval, Apollo Tyres stated in an announcement.
Canara Bank
State-owned Canara Bank on Wednesday reported a standalone revenue after tax of Rs 406 crore for the June quarter, helped by enchancment in web curiosity revenue. The financial institution amalgamated Syndicate Bank with itself efficient April 1, 2020.
DLF
India’s largest realty agency DLF on Wednesday reported a consolidated web lack of Rs 70.65 crore for the primary quarter ended June 30, as development and gross sales actions had been badly hit on account of coronavirus pandemic.
JK Lakshmi
JK Lakshmi Cement Ltd on Wednesday reported a 5.80 per cent decline in consolidated web revenue for the June quarter at Rs 50.63 crore as gross sales had been muted because of the coronavirus lockdown.
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