ITC, Adani Power, MRF, Paytm, Tata Steel and other hot stocks on February 4

Feb 4, 2022

By: Rounak Jain

Credit: BCCL

ITC

The FMCG giant reported a 15 percent surge in net profit at ₹4,057 crore despite higher expenses hurting margins. Revenue surged 30 percent to ₹18,366 crore, year-on-year.

Credit: ITC

Adani Power

Reported a net profit of ₹218 crore as against a loss of ₹289 crore a year ago. Revenue, though, was down 22 percent to ₹5,361 crore.

Credit: Adani Power

MRF

Said that the CCI order slapping a penalty of ₹622 crore for cartelisation is “not based on proper appreciation of facts and laws”.

Credit: MRF

Paytm

The Vijay Shekhar Sharma-led payments company will declare its December quarter results today.

Credit: Paytm

Earnings

Paytm, Tata Steel, Shree Cement, Sun Pharma, State Bank of India, InterGlobe Aviation, Siemens, Aarti Industries, among others.

Credit: Pixabay

IPO Watch

Popular ethnic and fashion wear brand Manyavar’s ₹3,149 crore IPO will open today.

Credit: Flickr

Pfizer

Net profit climbed marginally up by 2 percent to ₹144 crore while revenue grew at a healthy 14 percent to ₹676 crore, year-on-year.

Credit: Pfizer

Torrent Power

Reported an increase of 15 percent in net profit to ₹368 crore while revenue surged 28 percent to ₹3,767 crore, year-on-year.

Credit: Torrent Power

ICICI Bank

Increased its stake in India International Clearing Corporation at IFSC in GIFT City to 9.9 percent after an investment of ₹4.43 crore.

Credit: BCCL

HDFC, ITC, Titan, Zee Entertainment and other hot stocks on February 3