Stocks in News: Today these stocks including Jio Financial, Sun Pharma, Deepak Fertilizers will be in focus, action will be seen in intraday

Stocks in Focus Today : Today i.e. on 31st 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 Deepak Fertilizers, Welspun Corp, Apollo Hospitals, Cummins India, Muthoot Finance, Jio Financial, Sun Pharma, Aarti Industries, Vodafone Idea, Sunteck Realty, Hero MotoCorp, Aarti Industries, Tube Investments, KFin Technologies, RR Kabel, IRB Infra.

Deepak Fertilizers

Deepak Fertilizers and Petrochemicals Corporation Limited’s profit in the March quarter declined by 16 per cent to Rs 214.79 crore. In the same period a year ago, the company had earned a profit of Rs 254.88 crore. The company’s total income declined to Rs 2158.56 crore from Rs 2810.73 crore in the same period a year ago. In the entire financial year 2023-24, the company’s profit declined from Rs 1210.10 crore last year to Rs 442.51 crore.

Jio Financial

Financial services company Jio Financial Services announced the launch of a pilot version of the ‘Jio Finance App’. The aim of this initiative is to provide finance-related products on a single platform to people of all classes and to make financial services more transparent, affordable and convenient.

Sun Pharmaceutical

Pharma company Sun Pharma has accepted the preferential offer of Indian Foundation for Quality Management to acquire 14.28% shares for Rs 12.5 crore.

Aarti Industries

The specialty chemical company has appointed Suyog Kotecha as Chief Executive Officer (CEO) and Executive Director, replacing Rajendra V Gogri, with effect from June 17. Gogri will step down from his role as the CEO of the company from June 17. However, he will continue to be the chairman and managing director of the company.

Muthoot Finance

Muthoot Finance Limited’s profit increased by 17 percent to Rs 1,182 crore in the March quarter. The profit of the gold finance company was Rs 1009 crore in the same quarter of the financial year 2022-23. The total income of the company increased to Rs 4,179 crore in the March quarter from Rs 3,298 crore in the same quarter of the previous financial year. The company’s expenditure increased to Rs 2,594 crore in the January-March quarter from Rs 1,943 crore in the same quarter last year.

Welspun Corp

Welspun Corporation Limited’s profit increased by about 20 per cent to Rs 287.28 crore in the fourth quarter of the last financial year (2023-24) due to increase in income. The company’s profit was Rs 240.08 crore in the same period of FY 2022-23. The total income of the company increased to Rs 4,543.70 crore in the March quarter from Rs 4,132.38 crore in the financial year 2022-23.