Stocks to watch: ITC, auto stocks, Narayana Hrudayalaya, Asian Granito, Allied Digital Services, Rupa
Here is the list of top stocks that could be in focus on June 1.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 53 points at the opening bell. Markit Manufacturing PMI for May will be declared on today, 1 June 2021. Here is the list of top stocks that could be in focus on June 1.
Results today: ITC, Radico and Balrampur Chini Mills are slated to announce their financial results on Tuesday.
Auto: Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for May starting from 1 June 2021.
Magma Fincorp: The company said that the company’s board, has appointed Adar Poonawalla as the Chairman of the company.
Jammu & Kashmir Bank: The lender said that the meeting of the Board of Directors of the bank is scheduled on 4 June 2021, to consider/discuss the proposal of capital infusion in the bank by the Govt. of Jammu & Kashmir as its promoter shareholder to the extent of Rs. 500 crore.
EPL: EPL (formerly known as Essel Propack), announced that they have been selected as a partner by Unilever, in their journey towards achieving 100% sustainability in the oral care segment. Accordingly, EPL will supply their APR approved, 100% recyclable and fully sustainable Platina Tubes, for the toothpaste category of Unilever.
Narayana Hrudayalaya: On a consolidated basis, Narayana Hrudayalaya’s net profit surged 468.65% to Rs 68.01 crore on 12.84% increase in total income to Rs 846.30 crore in Q4 March 2021 over Q4 March 2020.
Rupa & Company: On a consolidated basis, Rupa & Company reported a net profit of Rs 65.90 crore in Q4 FY21 as against a net loss of Rs 4.28 crore in Q4 FY20. Total income rose 152.54% to Rs 457.24 crore.
Asian Granito: On a consolidated basis, Asian Granito India’s net profit surged 178.27% to Rs 19.59 crore on 66.89% increase in total income to Rs 434.27 crore in Q4 March 2021 over Q4 March 2020.
Allied Digital Services: On a consolidated basis, Allied Digital Services’ net profit rose 36.84% to Rs 3.90 crore on 1.94% increase in total income to Rs 96.29 crore in Q4 March 2021 over Q4 March 2020.
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