Bharat Heavy Electricals Ltd., NHPC Ltd., Hindustan Unilever Ltd., Voltas Ltd. and Bajaj Allianz Ltd. are some of the stocks that will draw the market's interest on Thursday.
Earnings
Q3 Earnings – Elecon Engineering (Cons.)
Net Profit down 33% at Rs 72 Cr vs Rs 107.5 Cr (YoY)
Revenue up 4.3% at Rs 552 Cr vs Rs 529 Cr (YoY)
Ebitda down 23.4% at Rs 109 Cr vs Rs 142.6 Cr (YoY)
Margin at 19.8% vs 27% (YoY)
Narasimhan Raghunathan resigns as CFO
Business Updates
Q3 Business Update – Antony Waste
Sold nearly 4,359 tonnes of compost
Sold nearly 37,840 tonnes of refuse-derived fuel
Managed nearly 1.42 MT of municipal solid waste
Dec Business Update – SML Mahindra
CV Production up 39% at 1,455 units (YoY)
Sales up 77% at 1,019 units (YoY)
Trading Tweaks
Share to Exit Anchor Lock-in: Nephrocare Health Services (2%), Bansal Wire (20%)
List of securities shortlisted in Short - Term ASM Framework: GNA Axles, Felix Industries