HDFC, Bajaj Finance, Avenue Supermarts and other top stocks to watch out for on April 6

Apr 6, 2021

By: Rounak Jain

Credit: BCCL

HDFC

It has acquired a 9.9 percent stake in Kerala Infrastructure Fund Management at approximately ₹39 lakh.

Credit: HDFC

Bajaj Finance

It acquired 23 lakh new customers in the March 2021 quarter as compared to 19 lakh in the same period last year.

Credit: Unsplash

Avenue Supermarts

The company behind DMart chain of stores reported standalone revenue of ₹7,303 crore in the March 2021 quarter and has a total of 234 stores.

Credit: Avenue Supermarts

Maruti Suzuki

Its total production in March 2021 jumped by over 86 percent to 1.72 lakh units as compared to 92,540 units in the previous year.

Credit: BCCL

Jindal Steel and Power

It reported a 61 percent increase in sales in March 2021 year-on-year to 7.86 lakh tonnes, while production was up to 21 percent to 7.3 lakh tonnes.

Credit: Jindal Steel and Power

Panacea Biotec

It has signed an agreement to produce up to 100 million doses per year of the Sputnik V COVID-19 vaccine.

Credit: Panacea Biotec

Burger King India

ICRA has upgraded both long and short-term credit ratings to A- and A2+, while the overall outlook has been revised to stable from negative.

Credit: Unsplash

Ircon

It will issue bonus shares in the ratio of 1:1 out of its free reserves of ₹94 crore.

Credit: Ircon

RBL Bank

It reported a 2 percent increase year-on-year in advances in the March 2021 quarter to ₹60,012 crore, while deposits increased 26 percent to ₹73,123 crore.

Credit: RBL Bank

Sobha

It reported an increase in sales volume in the March 2021 quarter by 48 percent, increasing to 13.37 lakh square feet, or ₹1,072 crore.

Credit: Sobha

RIL, Wipro, HDFC and other stocks to watch out for on April 5