HDFC Bank, ICICI Pru, L&T Technology Services among stocks to watch out for on July 18

Jul 18, 2022

By: bhakti.makwana@timesinternet.in

Credit: BCCL

HDFC Bank

The lender reported a 19 percent growth in the first quarter of FY23 net profit to ₹9,169 crore, from ₹7,729 crore in the same quarter last year. Its total revenues grew by 13 percent to ₹41,560 crore as compared to ₹36,771 crore last year.

Credit: BCCL

ICICI Prudential Life Insurance Company

The company reported a net profit of ₹156 crore against a loss of ₹186 crore in the year-ago period due to significantly lower claims and provisions due to Covid-19.

Credit: BCCL

Jindal Steel and Power

The company reported a multifold jump in consolidated net profit at ₹2,770 crore for June quarter as compared to ₹14.25 crore last year.

Credit: BCCL

SpiceJet

Amid several malfunctions taking place at the airline, a plea has been filed at the Delhi High Court to stop all operations of the airlines.

Credit: BCCL

L&T Technology Services

The firm posted a 27 percent increase in consolidated net profit at ₹274 crore in June quarter.

Credit: BCCL

Just Dial

The company has widened its consolidated loss to ₹48.36 crore in June quarter as compared to ₹3.52 crore last year.

Credit: BCCL

Torrent Power

The company will seek shareholders' approval for raising up to ₹2,000 crore through the issuance of non-convertible debentures ( NCDs).

Credit: BCCL

InterGlobe Aviation

IndiGo announced the appointment of former SEBI Chairman Meleveetil Damodaran as a non-independent non-executive director.

Credit: BCCL

Earnings today

Bank Of Maharashtra, Alok Industries, HeidelbergCement India, Nelco, Bhansali Engineering Polymers among companies to report quarterly results.

Credit: BCCL

The stock outliers: HUL, M&M and ITC among top gainers on D-street in the last 30 days