Info Edge, Bajaj Finance, Axis Bank and other stocks to watch out for on April 28

Apr 28, 2021

By: Rounak Jain

Credit: BCCL

Info Edge

It will divest shares worth ₹750 crore in Zomato’s proposed initial public offer (IPO), with the exact details to be specified in Zomato’s prospectus.

Credit: Info Edge

Bajaj Finance

It reported a 42 percent increase in net profit to ₹1,347 crore in the March 2021 quarter, while revenue and net interest income were down by 5.2 percent and 2.4 percent, respectively.

Credit: Unsplash

Axis Bank

It reported a profit of ₹2,677 crore in the March 2021 quarter, compared to a loss of ₹1,388 crore a year ago. Net interest income was up 11 percent.

Credit: BCCL

Britannia Industries

It reported a 3 percent fall in net profit to ₹364 crore, while revenue was up 9 percent at ₹3,131 crore in the March 2021 quarter.

Credit: Britannia Industries

HDFC AMC

It reported a 37 percent increase in net profit to ₹316 crore, while revenue surged by 5.6 percent to ₹503 crore in the March 2021 quarter.

Credit: HDFC AMC

TVS Motor Company

Its March 2021 quarter net profit jumped by nearly 4 times to ₹289 crore, while revenue increased by 53 percent to ₹5,322 crore.

Credit: BCCL

United Breweries

Its net profit more than doubled to ₹98 crore, while total income surged by 17 percent to ₹3,630 crore.

Credit: United Breweries

VST Industries

Its net profit increased marginally to ₹73 crore in the March 2021 quarter from ₹71 crore a year ago, while revenue grew by 9 percent to ₹383 crore.

Credit: VST Industries

Nippon Life India Asset Management

It reported a net profit of ₹167 crore in the March 2021 quarter, up from ₹4 crore a year ago.

Credit: Nippon Life India

PNB Housing Finance

It reported a net profit of ₹127 crore in the March 2021 quarter, compared to a loss of ₹242 crore a year ago.

Credit: PNB Housing Finance

Maruti Suzuki, Tech Mahindra, InterGlobe Aviation and other stocks to watch out for on April 27