04/02/2022
🇮🇳 *India Daybook – Stocks in News*
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*Lux Ind:* Net profit up 34.2% at Rs 101.3 cr vs Rs 75.5 cr, Revenue up 23.6% at Rs 664 cr vs Rs 537 cr (YoY) (Positive)
*Sumitomo Chem:* Revenue up 26.1% at Rs 707.2 cr vs Rs 560.9 cr, Net profit up 64.3% at Rs 88.9 cr vs Rs 54.1 cr (YoY) (Positive)
*GMM Pfaudler:* Net profit up 37.1% at Rs 31.8 cr vs Rs 23.2 cr, Revenue at Rs 642.3 cr vs Rs 201.8 cr (YoY). (Positive)
*Brigade Ent:* Net profit at Rs 46.4 cr vs loss of Rs 21.5 cr, Revenue up 42.9% at Rs 921 cr vs Rs 644.6 cr YoY (Positive)
*M&M Financial:* Disbursements up 31% YoY at Rs 2,320 cr, Collection efficiency at 96% in January. (Positive)
*OnMobile:* The company partnered with Dialog to launch the first mobile cloud gaming platform in Sri Lanka. (Positive)
*Dishman Carborundum:* Net profit at Rs 35.4 cr vs loss of Rs 16.1 cr, Revenue up 20% at Rs 562.1 cr vs Rs 468.6 cr (YoY) (Positive)
*Godrej Prop:* Both companies will invest Rs 300 cr towards an equity platform for redevelopment opportunities in Mumbai. (Positive)
*Mahindra Life:* Company launches new project in Kalyan (Positive)
*Ambika Cotton Mills:* Vijay Kedia acquired 40,007 equity shares in the company at Rs 2,243.12 per share (Positive)
*ITC:* Net profit at Rs 4156.0 cr vs poll of Rs 3638.0 cr, Volume growth at 12-13% vs Poll Of 7-8% (Positive)
*India Pesticides:* Net profit at Rs 43.17 crore against Rs 42.08 crore, revenue jumped to Rs 190.03 crore from Rs 178.47 crore QoQ. (Positive)
*EIH:* Net profit at Rs 40.8 crore against loss of Rs 55.78 crore, revenue jumped to Rs 365.38 crore from Rs 179.16 crore YoY. (Positive)
*PFizer:* Revenue up 13.9% at Rs 675.9 cr vs Rs 593.5 cr, Net profit up 1.9% at Rs 143.9 cr vs Rs 141.2 cr (YoY) (Neutral)
*Prince Pipes:* Net profit up 0.7% at Rs 67.3 cr vs Rs 66.8 cr, Revenue up 20.9% at Rs 664 cr vs Rs 549 cr (YoY). (Neutral)
*PI Industries:* Net profit up 13.9% at Rs 222.6 cr vs Rs 195.4 cr, Revenue up 16.7% at Rs 1,356.3 cr vs Rs 1,162.1 cr (YoY) (Neutral)
*SIS:* Net profit up1.6% at Rs 100.6 cr vs Rs 99 cr, Revenue up 10.3% at Rs 2,600.8 cr vs Rs 2,357.5 cr (YoY) (Neutral)
*Torrent Power:* Net profit up 14.9% at Rs 368.1 cr vs Rs 320.5 cr, Revenue up 27.6% at Rs 3,767.4 cr vs Rs 2,952.8 cr (YoY) (Neutral)
*Suryoday:* Net profit at Rs 4.72 crore against Rs 1.04 crore, revenue rose to Rs 273.21 crore from Rs 234.46 crore YoY (Neutral)
*Adani Power:* Revenue down 22.2% at Rs 5,360.9 cr vs Rs 6,894.8 cr, Revenue down 22.2% at Rs 5,360.9 cr vs Rs 6,894.8 cr (YoY). (Neutral)
*Panacea Biotec:* Serum Institute of India sold 3.58 lakh equity shares in the company at Rs 278.15 per share. (Negative)