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Stocks in the news: Grasim, SBI, JSW Steel, Dr Reddy s Labs, India Cements and Natco Pharma

Stocks in the news: Grasim, SBI, JSW Steel, Dr Reddy s Labs, India Cements and Natco Pharma SECTIONS Stocks in the news: Grasim, SBI, JSW Steel, Dr Reddy s Labs, India Cements and Natco PharmaETMarkets.com Last Updated: May 24, 2021, 07:14 AM IST Share Synopsis The country s largest lender reported an 80.15 per cent jump in its standalone profit after tax (PAT) of Rs 6,451 crore in the three months to March 2021. Agencies Hero MotoCorp said it will resume production at all its manufacturing plants in India from coming Monday after temporarily shutting operations due to the coronavirus pandemic. INSIGHTS NSE Explore Now Nifty futures on the Singapore Exchange traded 65 points, or 0.43 per cent, lower at 15,161 signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today s trade:

Birlas betting big on realty, lines up Rs 1,000-cr capex for Birla Estates

Century Textiles & Industries, which runs three business verticals paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects, including the super premium Worli project. At this level, the capex is nine times the other two businesses are getting, a top official of the AV Birla Group firm has said. Birla Estates was launched as the real estate business vertical of Century Textiles in 2016, and has large land bank cushioning the price impact thus making it more attractive considering the massive cost of land in the cities it is focusing on Mumbai and its suburbs, Delhi-NCR, Bengaluru and Pune.

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