SUMMARY
Infosys, JSW Steel, Ashoka Buildcon will be among stocks that will be on the radar of investors when markets open on Monday, August 5.
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2 / 10JSW Steel | The firm has submitted a notice to surrender a mining lease for a block in Odisha, citing “uneconomic operation”. Jajang iron ore block in Keonjhar is one of the four iron ore mining leases that were acquired through an auction in 2020, JSW Steel said in a regulatory filing on Saturday.
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5 / 10Divi’s Laboratories | The pharma firm reported a net profit of ₹430 crore, 21% more than last year’s ₹356 crore. However, it was below the CNBC-TV18 poll’s ₹486.6 crore. The company’s revenue of ₹2,118 crore for the first quarter was 19% more than last year’s ₹1,778 crore. It was, however, lower than Street estimates of ₹2,191 crore.
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8 / 10Titan | The leading jewellery and watchmaker firm from the Tata Group on Friday (August 2) reported a 0.9% year-on-year (YoY) dip in standalone net profit at ₹770 crore for the first quarter that ended June 30, 2024. The company’s standalone revenue increased 8.1% to ₹12,053 crore against ₹11,145 crore in the corresponding period of the preceding fiscal.
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10 / 10Bank of India | The public sector lender posted a net profit or PAT of Rs 1,888 crore in the June quarter, while net NPA came at 0.99%. GNPA came in at 4.62%.
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
