Stocks in focus on July 22, 2020

New Delhi: Ending upper for the 5th consultation on Tuesday, markets closed at 4-month prime. The BSE Sensex closed 511.34 issues or 1.37 p.c upper at 37,930.33. Similarly, the NSE Nifty rose 140.05 issues, or 1.27 according to cent, to finish at 11,162.25.

Here are Stocks in focal point on July 22, 2020

Axis Bank

Axis Bank on Tuesday reported 19 according to cent decline in standalone internet benefit at Rs 1,112 crore for June quarter of the present monetary yr. The 3rd greatest non-public sector financial institution posted a internet benefit of Rs 1,370 crore for April-June, 2019-20. Total source of revenue was once nearly flat at Rs 19,125.57 crore all through the quarter below evaluation, Axis Bank mentioned in a regulatory submitting.

Hindustan Unilever

FMCG main Hindustan Unilever on Tuesday reported an 5.7 according to cent build up in consolidated internet benefit to Rs 1,897 crore for the primary quarter ended June 30. The corporate had posted a internet benefit of Rs 1,795 crore in April-June quarter of the former fiscal. Its gross sales all through the quarter below evaluation rose 3.65 according to cent to Rs 10,570 crore, as in opposition to Rs 10,197 crore within the corresponding length a yr in the past, Hindustan Unilever Ltd (HUL) mentioned in a regulatory submitting.

Bajaj Finserv

Bajaj Finserv on Tuesday reported a 44 according to cent upward thrust in consolidated internet benefit to Rs 1,215 crore within the first quarter ended June of the present fiscal yr, principally at the again of excellent profits from its insurance coverage subsidiaries. The Bajaj Group corporate’s monetary products and services arm had posted a internet benefit of Rs 845 crore all through the corresponding June quarter of 2019-20.

Hindustan Copper

Hindustan Copper on Tuesday posted a consolidated lack of Rs 514.27 crore for the quarter ended on March 31, 2020. The corporate had posted a consolidated benefit of Rs 40.37 crore within the year-ago length, Hindustan Copper mentioned in a submitting to BSE. The corporate mentioned that “profit (loss) for the period (is) from continuing and and discontinued operations (after tax).”
The consolidated source of revenue of the corporate all through January-March length of 2019-20 dropped to Rs 166.47 crore from Rs 475.09 crore within the year-ago length, the submitting mentioned.