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India Cements reports consolidated net profit of Rs 50.19 crore in the March 2021 quarter

India Cements reports consolidated net profit of Rs 50.19 crore in the March 2021 quarter
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HFCL Ltd leads losers in 'A' group

Hindustan Oil Exploration Company Ltd, Mangalam Cement Ltd, Praj Industries Ltd and Poly Medicure Ltd are among the other losers in the BSE s A group today, 24 May 2021.
Hindustan Oil Exploration Company Ltd, Mangalam Cement Ltd, Praj Industries Ltd and Poly Medicure Ltd are among the other losers in the BSE s A group today, 24 May 2021.
HFCL Ltd crashed 7.53% to Rs 45.45 at 14:49 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 63.05 lakh shares were traded on the counter so far as against the average daily volumes of 33.73 lakh shares in the past one month.
Hindustan Oil Exploration Company Ltd tumbled 6.50% to Rs 105.65. The stock was the second biggest loser in A group.On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 98524 shares in the past one month. ....

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Shree Cement Q4 PAT up 49% YoY

The cement maker reported 49% jump in consolidated net profit to Rs 798.43 crore on 23.1% rise in net sales to Rs 4204.88 crore in Q4 FY21 over Q4 FY20.
Interest outgo declined 21.1% to Rs 58.28 crore while depreciation costs were lower by 28.9% to Rs 330.21 crore in the fourth quarter compared with the same period last year.
Profit before tax in Q4 FY21 stood at Rs 979.78 crore, up 59% from Rs 616.36 crore in Q4 FY20.
The cement makers consolidated net profit increased 48.8% to Rs 2285.87 crore on 4.7% rise in net sales to Rs 13476.33 crore in the year ended 31 March 2021 over the year ended 31 March 2020.
The company s board has recommended final dividend of Rs 60 per equity share for the year ended 31 March 2021. ....

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HPCL, ZEE, Havells India, Mindtree to be watched

On a consolidated basis, HPCL reported a net profit to Rs 3,060.70 crore in Q4 FY21 compared with a net loss of Rs 27.63 crore in Q4 FY20. Net sales increased by 13.09% year-on-year (YoY) to Rs 74,605.76 crore during the quarter.
On a consolidated basis, Zee Entertainment Enterprises (ZEE) reported net profit of Rs 275.80 crore in Q4 FY21 compared with net loss of Rs 766.70 crore in Q4 FY20. Operating revenue grew 0.8% to Rs 1965.8 crore in Q4 FY21 over Q4 FY20. Advertising revenue grew 8.09% year-on-year (YoY) to Rs 1122.96 crore driven by the continued recovery in macro advertising environment.
Havells India reported 70.95% rise in consolidated net profit to Rs 303.83 crore on 50.83% increase in total income to Rs 3,375.87 crore in Q4 FY21 over Q4 FY20. ....

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IIFL Securities Ltd leads gainers in 'A' group

Motilal Oswal Financial Services Ltd, HFCL Ltd, Safari Industries (India) Ltd and JK Lakshmi Cement Ltd are among the other gainers in the BSE s A group today, 21 May 2021.
Motilal Oswal Financial Services Ltd, HFCL Ltd, Safari Industries (India) Ltd and JK Lakshmi Cement Ltd are among the other gainers in the BSE s A group today, 21 May 2021.
IIFL Securities Ltd soared 14.17% to Rs 71.7 at 11:49 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 6.38 lakh shares were traded on the counter so far as against the average daily volumes of 1.43 lakh shares in the past one month. ....

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