PVR: The eading multiplex chain operator reported a consolidated net loss of 219.55 crore for the first quarter ended June 2021, due to a hit on its film exhibition business amid Covid-induced lockdowns. The company had posted a net loss of Rs 225.73 crore in the April-June quarter a year ago.
Container Corporation of India: The state-owned Concor reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company had clocked a net profit of Rs 49.29 crore in the year-ago period, the multi-modal logistics company said.
TVS Motor Company: The two-wheeler maker reported a consolidated net loss of Rs 15 crore for the first quarter ended June 30. The company had reported a net loss of Rs 183 crore in the April-June quarter of the 2020-21 financial year.
Sensex drops 426 pts; Nifty holds 15,800 level
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Barometers hit record high; Nifty trades near 16,000
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Stocks in news: TCS, Avenue Supermarts, Delta Corp, Coal India and more
Stocks in news: TCS, Avenue Supermarts, Delta Corp, Coal India, Union Bank, Texmaco Rail & Engineering and more Stocks in news: TCS, Avenue Supermarts, Delta Corp, Coal India, Union Bank, Texmaco Rail & Engineering and more BusinessToday.In
Updated Jul 09, 2021, 9:56 AM IST
Sensex and Nifty opened lower today amid weak Asian markets. While Sensex was trading 317 points lower at 52,254, Nifty lost 81 points to 15,646.
On Thursday, benchmark indices ended in the red in line with negative global cues. Sensex slumped 486 points as rising cases of the COVID-19 Delta variant in multiple countries and hawkish comments from the US Federal Reserve spooked investors. The 30-share index ended 485.82 points lower at 52,568 and Nifty dropped 151.75 points to 15,727.
Here are the top stocks to track in today s session:
Results today: A total of 15 companies, including Delta Corp, Suryavanshi Spinning Mills, and Vikas Lifecare are set to release quarterly earnings on Friday.
TCS: Tata Consultancy Services (TCS) Q1 FY22 performance missed estimates even as the net profit jumped 28.5 per cent YoY to Rs 9,008 crore and revenue rose 18.5 per cent YoY to Rs 45,411 crore. According to Bloomberg poll, analysts were estimating revenue of Rs 45,767.5 crore and net profit of Rs 9,391.9 crore for the quarter gone by.
Bharat Dynamics: The company signed a contract worth about Rs 499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force.