Stocks in Focus Today :Today i.e. on 30 May 2024, some stocks (stocks in news) are ready to show action. Due to positive triggers, these stocks can remain in focus in the market today (stocks to watch). If you are looking for better stocks in intraday, then you can keep an eye on these (Stocks in Focus). Today’s list includes stocks like Bata India, Tata Steel, SJVN, Emami, Rail Vikas Nigam, Lemon Tree Hotels, Suzlon, Samvardhana Motherson, Alkem Lab, Bharat Dynamics, Concord Drugs, Hinduja Global Solutions, Lux Industries, Marksans Pharma, Muthoot Finance, Plaza Wires, Suven Pharma, Swan Energy, TBO Tek, Welspun Corp.
Bharat Dynamics results today
Bharat Dynamics quarterly results will be released today on 30 May 2024. Apart from these, results of Apollo Hospitals, Concord Drugs, Hinduja Global Solutions, Lux Industries, Marksans Pharma, Muthoot Finance, Plaza Wires, Salasar Techno Engineering, Sunteck Realty, Suven Pharma, Swan Energy, Tarsons Products, TBO Tek and Welspun Corp will also come.
Bata India
Leading shoe-maker Bata India Ltd.’s profit in the March quarter of the last financial year fell by 3 percent to Rs 63.64 crore. In the fourth quarter of the previous financial year, the company had earned a profit of Rs 65.62 crore. In the March quarter, the company’s operating income increased by 2.47 percent to Rs 797.87 crore. In the same quarter last year, it was Rs 778.58 crore. In the March quarter, the company’s total expenditure increased by 5.22 percent to Rs 736.83 crore.
Tata Steel
Tata Steel’s profit for the fourth quarter of the last financial year ended March 2024 fell by 64.59 percent to Rs 554.56 crore. In the same period a year ago, the company had earned a profit of Rs 1,566.24 crore. In the January-March quarter, the company’s total income declined from Rs 63,131.08 crore to Rs 58,863.22 crore. The company’s expenditure stood at Rs 56,496.88 crore as against Rs 59,918.15 crore a year ago.
S.J.V.N.
The profit of public sector company SJVN for the fourth quarter of the last financial year ended in March has more than doubled to Rs 61.08 crore. The company’s profit has increased due to extraordinary income. The company had earned a profit of Rs 17.21 crore in the same quarter a year ago. The total income of the company declined to Rs 573.23 crore from Rs 582.78 crore in the same period a year ago. In the entire financial year 2023-24, the company’s profit declined from Rs 1359.30 crore a year ago to Rs 911.44 crore.
Emami
FMCG company Emami Limited’s profit in the March quarter of the last financial year was Rs 146.75 crore with an increase of 3.62 percent. In the same quarter of the previous year, the company’s profit was Rs 141.62 crore. Emami’s operating income increased by 6.61 percent to Rs 891.24 crore in the March quarter, which was Rs 835.95 crore in the same quarter last year.
Railway Development Corporation
The railway company has received a letter of acceptance from South East Central Railway for the Rs 38.10 crore project, which includes provision of auto signalling with electronic interlocking in the Champa-Sakti section of Bilaspur division.