Stocks in news: From Q3FY22 results to corporate actions, Divis Lab, Oil India, Voltas, Ashok Leyland among key stocks to watch on Friday
Following the Reserve Bank of India's unchanged monetary policy, the Indian markets closed on a higher note as the Sensex rose 460 points and Nifty50 settled above 17,600-mark. While Nifty Bank breached 39,000-level and Nifty midcap index grew by 86 points to 30,343-level at the close.
The last day of the week to witness major corporate events and key financial results on the basis of which over dozens of stocks including Divis Lab, Tata Chemical, Star Health among others may buzz.
Below are the five themes on which dozens of stocks are likely to show impact on the respective news and corporate actions of the company.
Q3 Results on Friday
From pharma major Divis Laboratories to Rakesh Jhunjhunwala-backed Star Health and Allied Insurance along with dozens of other companies from broader markets to announce their third quarter results for the financial year 2021-22 on Friday.
Prominent companies such as Apollo Hospitals, Voltas, Ashok Leyland, Power Finance, Oil India, Indigo Paints among other several companies to also release their Q3 earnings.
Aftermarket Earnings
IRB Infrastructure Developers Q3FY22 Consolidated Results: profit at Rs 73 crore versus Rs 69 crore year-on-year and revenue at Rs 1,279 crore from Rs 1,547 crore YoY.
Gujarat State Petronet Q3FY22 Results: Profit at Rs 248 crore versus Rs 247 crore YoY; revenue at Rs 471 crore versus Rs 576 crore YoY.
Zomato Q3FY22 Results: Net loss at Rs 63.2 crore versus loss of Rs 352.6 crore YoY and revenue grew 82.5 per cent at Rs 1,112 crore versus Rs 609.4 crore YoY.
Gujarat Pipavav Port Q3FY22 Consolidated Results: Profit at Rs 44 crore versus Rs 59 crore YoY and revenue at Rs 168 crore versus Rs 198 crore YoY
Sun TV Network Q3FY22 Consolidated Results: Profit at Rs 471 crore versus Rs 445 crore YoY and revenue at Rs 1,060 crore versus Rs 994 crore YoY.
Tata Chemicals Q3FY22 Consolidated Results: Profit at Rs 301 crore versus Rs 161 crore YoY and revenue from operations stood at Rs 3141 crore.
Interim Dividend
At least six companies to announce their interim dividend on Friday, they are: Acrysil Ltd, ASM Tech, Balarampur Chinni, BLS International, Gothi Plascon and Sona BLW Precision. The interim dividend decided by this company to give is between Rs 0.5-2.5 per share on Friday.
Stocks In News
JSPL bids highest for Utkal C coal block at 45 per cent premium
Torrent Power acquires 25 MW solar power plant from Blue Diamond Properties and Balrampur Chini
Key Global Events on Friday
UK GDP
UK Industrial Production
UK Trade Balance
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11:05 PM IST