Stocks in the news: Aurobindo Pharma, Bharat Forge, Tata Power, JMC Projects, Adani Ports and Bosch

HDFC announced raising more than Rs 14,000 crore through a qualified institutional placement (QIP) issue of equity shares, warrants and bonds.

PTI
Natco Pharma, Thermax, Graphite India and NCC are among companies which will disclose their June quarter results today.
Nifty futures on the Singapore Exchange traded 113.50 points, or 1 per cent lower at 11,227, in signs that Dalal Street was headed for a gap-down start on Wednesday. Here are a few stocks which may buzz the most i today's trade:

Aurobindo Pharma, Bharat Forge, Tata Power and AL: Aurobindo Pharma, Bharat Forge, Aarti Industries, Natco Pharma, Ashok Leyland (AL), Tata Power, Cummins India, Aavas Financiers, Sundaram Fasteners, Thermax, Aster DM Healthcare, Graphite India, Kalpataru Power and NCC are among companies which will disclose June quarter results today.

JMC Projects: Engineering firm JMC Projects (India) said it has secured new orders worth Rs 1,363 crore. In a filing to the BSE, the company said it has won Rs 1,169-crore building projects order in southerIndia; while in Bihar, it has won a water supply project of Rs 194 crore.


HDFC: The country's largest mortgage lender HDFC Ltd on Tuesday announced raising more than Rs 14,000 crore through a qualified institutional placement (QIP) issue of equity shares, warrants and bonds.

Adani Ports and Special Economic Zone (APSEZ): The company said its board has approved a proposal to raise up to Rs 3,000 crore through issuance of non-convertible debentures (NCDs). The fund will be raised in one or more tranches.

Ashoka Buildcon: The highways builder said it has reported a 6.7 per cent increase in its standalone PAT to Rs 69 crore for the first quarter ended June 30. The company had clocked a profit after tax (PAT) at Rs 65 crore for the corresponding quarter a year ago, it said in a statement.
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PTC India: Power trading solutions firm PTC India reported an over 7 per cent rise in consolidated net profit at Rs 100.06 crore for the June quarter, helped by reduced expenses. The company's net profit stood at Rs 93.26 crore in the April-June period of 2019, it said in a BSE filing.However, total income fell to Rs 4,641 crore during the quarter, from Rs 5,415 crore in the year-ago

Eveready Industries, McLeod Russel India: The bank said it has sold a portion of the invoked pledged shares of Eveready Industries and McLeod Russel India. On Saturday, the bank had said it has acquired equity shares of battery maker Eveready Industries India Ltd and tea producer McLeod Russel India Ltd after invocation of pledged shares following a loan default.

SCUF: Non Banking Finance Company Shriram City Union Finance Ltd on Tuesday reported standalone profits for the quarter ending June at Rs 192.27 crore. The city-based company had declared net profits at Rs 253. 18 crore during the corresponding quarter of the previous year.

Bosch: Auto components major Bosch reported a consolidated net loss of Rs 120.83 crore for the first quarter ended June affected by the coronavirus pandemic. The company had posted a consolidated net profit of Rs 279.95 crore in the year-ago quarter, Bosch Ltd said in a regulatory filing.
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Petronet LNG: The country's biggest gas importer, on Tuesday said it invoked the force majeure on nine cargoes after COVID-19 lockdown cut offtake by consumers. Petronet imports natural gas in its liquid form (LNG) from countries such as Qatar and Australia and pipes it to users such as power plants and fertiliser units after re-converting it into its gaseous state.

Lupin: The drug maker said it has launched generic Zileuton extended-release tablets - used for the treatment of asthma - in the US market. The product is a generic version of Chiesi USA Inc's Zyflo CR extended-release tablets in the same strength, it added.
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Symphony: Air cooler maker Symphony reported a 93.93 per cent decline in consolidated net profit at Rs 2 crore for the quarter ended June, impacted by the coronavirus lockdown.The company had posted a net profit of Rs 33 crore in the April-June period a year ago, Symphony said in a BSE filing.

RITES: Hit by COVID-19 pandemic RITES on Tuesday reported a 17 per cent decline in its consolidated profit at Rs 65 crore in the quarter ending June. The railways' consultancy firm had posted a consolidated profit of Rs 102 crore in the corresponding quarter of previous fiscal, it said in a regulatory filing to the BSE.

Motherson Sumi Systems: Auto components maker Motherson Sumi Systems Ltd on Tuesday reported a consolidated net loss of Rs 1,191.65 crore for June quarter 2020 hit hard by the coronavirus pandemic.The company logged a net profit of Rs 360.64 crore in the same quarter last fiscal, Motherson Sumi Systems Ltd (MSSL) said in a regulatory filing.

Central Bank of India: Public sector Central Bank of India reported a 21 per cent rise in its consolidated net profit at Rs 147.21 crore in the quarter ending June. The bank had posted a net profit of Rs 121.61 crore during the same quarter a year ago.









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