RBL Bank rose 2.82% to Rs 251.25 after the bank said its board approved the re-appointment of Vishwavir Ahuja as the managing director & chief executive officer for three years.
In a regulatory filing made post market hours on Monday, the private lender said that the nomination and remuneration committee of the board had approved the re-appointment of Vishwavir Ahuja as the managing director & chief executive officer of the bank for a period of three years, with effect from 30 June 2021 to 29 June 2024.
The bank has recommended the same to the Reserve Bank of India and the appointment shall be subject to their approval.
Read more about Alembic Pharmaceuticals consolidated net profit rises 24.93% in the December 2020 quarter on Business Standard. Sales rise 8.70% to Rs 1314.33 crore
Hatsun Agro Products rose 4% to Rs 751.20 after standalone net profit surged 141.42% to Rs 67.31 crore on 4.05% rise in revenue from operations to Rs 1,394.59 crore in Q3 December 2020 over Q3 December 2019.
Standalone profit before tax (PBT) soared 237.47% to Rs 100.87 crore in Q3 December 2020 as against Rs 29.89 crore in Q3 December 2019. Total tax expense for the quarter jumped 1,577.49% to Rs 33.55 crore as against Rs 2 crore in Q3 December 2019. The Q3 result was declared during trading hours today, 19 January 2021.
Among its CAPEX projects, the company has erected a plant in Solapur (Maharashtra) with a capacity to handle milk & milk products of volume 4 lakh litres per day (LLPD). Currently, the trial production is under progress and the full-fledged commercial production is expected to commence by the end of January 2021.
Adani Enterprises rose 3.99% to Rs 527.50 after the company announced that it has signed a concession agreement with Airports Authority of India(AAI) for Jaipur, Guwahati, Thiruvananthapuram airports.Adani Jaipur International Airport , Adani Guwahati International Airport and Adani Thiruvananthapuram International Airport , wholly-owned subsidiaries of Adani Enterprises have signed the concession agreement on 19 January 2021 with Airports Authority of India for the operations, management and development of Jaipur, Guwahati and Thiruvananthapuram airports respectively.
The concession period is 50 years from the commercial operation date.
Adani Enterprises is the flagship company of Adani Group, one of India s largest business conglomerates. Its net profit surged to Rs 362.37 crore in Q2 September 2020, compared with Rs 49.50 crore in Q2 September 2019. Revenue from operations stood at Rs 9,126.42 crore in Q2 FY21, rising nearly 8% from Rs 8,464.19 crore in the same period last yea