Hero MotoCorp  | The company has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and its R&D facility – the Centre of Innovation and Technology (CIT) in Jaipur – by another week, till May 16, 2021.


Market

Updated : May 10, 2021 07:33 AM IST

The Indian market is probably going to open larger on Monday following positive aspects in Asian friends amid robust world cues. Investors’ focus will stay on the coronavirus state of affairs in India and March quarter earnings going forward. At 7:15 am, the SGX Nifty was buying and selling 113.00 factors or 0.76 p.c larger at 14,981.50, indicating a optimistic begin for the broader index in India.


 Hero MotoCorp  | The company has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and its R&D facility – the Centre of Innovation and Technology (CIT) in Jaipur – by another week, till May 16, 2021.

Hero MotoCorp | The firm has determined to lengthen the shutdown at its manufacturing services throughout India, its Global Parts Center (GPC) in Neemrana and its R&D facility – the Centre of Innovation and Technology (CIT) in Jaipur – by one other week, until May 16, 2021.



 Maruti Suzuki  | The company has extended the shutdown at its plant till May 16, 2021, keeping in view the current pandemic situation.

Maruti Suzuki | The firm has prolonged the shutdown at its plant until May 16, 2021, maintaining in view the present pandemic state of affairs.



 HDFC  | The corporation has entered into a share purchase agreement to sell 44.12 lakh shares representing 0.62 percent equity of HDFC Ergo to ERGO International AD, to comply with RBI norms of bringing the former’s stake to below 50 percent.

HDFC | The company has entered right into a share buy settlement to promote 44.12 lakh shares representing 0.62 p.c fairness of HDFC Ergo to ERGO International AD, to adjust to RBI norms of bringing the previous’s stake to under 50 p.c.



 UltraTech Cement  | The company’s Q4FY21 consolidated net profit declined 45.2 percent to Rs 1,774.13 crore from Rs 3,236.85 crore, while revenue from operations rose 32.72 percent to Rs 14,405.61 crore from Rs 10,854.48 crore, YoY.

UltraTech Cement | The firm’s Q4FY21 consolidated web revenue declined 45.2 p.c to Rs 1,774.13 crore from Rs 3,236.85 crore, whereas income from operations rose 32.72 p.c to Rs 14,405.61 crore from Rs 10,854.48 crore, YoY.



 Avenue Supermarts  | The company’s Q4FY21 consolidated profit rose 52.6 percent to Rs 414.2 crore from Rs 271.5 crore and revenue increased 18.5 percent to Rs 7,411.7 crore from Rs 6,255.9 crore, YoY.

Avenue Supermarts | The firm’s Q4FY21 consolidated revenue rose 52.6 p.c to Rs 414.2 crore from Rs 271.5 crore and income elevated 18.5 p.c to Rs 7,411.7 crore from Rs 6,255.9 crore, YoY.



 Bandhan Bank  | The bank’s Q4FY21 net profit fell 80.1 percent to Rs 103 crore from Rs 517.3 crore, while net interest income rose 4.6 percent to Rs 1,757 crore from Rs 1,680 crore, YoY.

Bandhan Bank | The financial institution’s Q4FY21 web revenue fell 80.1 p.c to Rs 103 crore from Rs 517.3 crore, whereas web curiosity revenue rose 4.6 p.c to Rs 1,757 crore from Rs 1,680 crore, YoY.



 Jubilant Pharmova  | The company’s subsidiary Jubilant Pharma received favorable ruling from the United States Court of Appeals regarding Jubilant’s RUBY-FILL Generator and RUBY Rubidium Elution System.

Jubilant Pharmova | The firm’s subsidiary Jubilant Pharma acquired favorable ruling from the United States Court of Appeals concerning Jubilant’s RUBY-FILL Generator and RUBY Rubidium Elution System.



 Delta Corp  | The casinos operated by the company and its subsidiaries in Goa will remain closed till May 24, 2021. The company said it is unable to estimate the quantum of potential losses on account of this temporary closure and the pandemic at this time.

Delta Corp | The casinos operated by the corporate and its subsidiaries in Goa will stay closed until May 24, 2021. The firm mentioned it’s unable to estimate the quantum of potential losses on account of this short-term closure and the pandemic presently.



 Amara Raja Batteries  | The company has resumed operations at its plants at Chittoor district in Andhra Pradesh.

Amara Raja Batteries | The firm has resumed operations at its crops at Chittoor district in Andhra Pradesh.



 IDFC First Bank  | The bank reported a sharply higher profit at Rs 127.81 crore in Q4FY21 against Rs 71.54 crore, YoY. Net interest income rose to Rs 1,960.26 crore from Rs 1,699.98 crore, YoY.

IDFC First Bank | The financial institution reported a sharply larger revenue at Rs 127.81 crore in Q4FY21 towards Rs 71.54 crore, YoY. Net curiosity revenue rose to Rs 1,960.26 crore from Rs 1,699.98 crore, YoY.



 DCB Bank  | The bank’s Q4FY20 net profit rose 13.2 percent to Rs 77.9 crore from Rs 68.8 crore, while net interest income fell 3.9 percent to Rs 311.2 crore from Rs 323.7 crore, YoY.

DCB Bank | The financial institution’s Q4FY20 web revenue rose 13.2 p.c to Rs 77.9 crore from Rs 68.8 crore, whereas web curiosity revenue fell 3.9 p.c to Rs 311.2 crore from Rs 323.7 crore, YoY.



 CSB Bank  | The bank reported Q4FY21 profit at Rs 42 crore against loss of Rs 59.7 crore, while net interest income jumped 75 percent to Rs 275 crore from Rs 157.5 crore, YoY.

CSB Bank | The financial institution reported Q4FY21 revenue at Rs 42 crore towards lack of Rs 59.7 crore, whereas web curiosity revenue jumped 75 p.c to Rs 275 crore from Rs 157.5 crore, YoY.



 Ahluwalia Contracts India  | The New Delhi-based NCLT bench allowed the insolvency plea filed by A2 Interiors Products Pvt Ltd against Ahluwalia Contracts, claiming default of Rs 14.10 crore, and appointed an interim resolution professional.

Ahluwalia Contracts India | The New Delhi-based NCLT bench allowed the insolvency plea filed by A2 Interiors Products Pvt Ltd towards Ahluwalia Contracts, claiming default of Rs 14.10 crore, and appointed an interim decision skilled.



(*10*)

Earnings Today | Chambal Fertilisers & Chemicals, Escorts Finance, HFCL, HSIL, Inspirisys Solutions, Intellect Design Arena, JMC Projects (India), PPAP Automotive, Sangam Renewables, TTI Enterprise, Venky’s (India), Zydus Wellness, amongst others.


Published : May 10, 2021 07:33 AM IST




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