Asia stocks weakened following broad-based declines in U.S. benchmarks as investors mulled a proposal for higher taxes on the wealthy to help pay for U.S. President Joe Biden’s social plan.
Result Today : HCL Tech
🎯 News & Impact 🎯
🎯 Cyient :
The company reported higher consolidated profit at Rs 103.1 crore in Q4FY21 against Rs 95.4 crore in Q3FY21, revenue rose to Rs 1,093.1 crore from Rs 1,044.3 crore QoQ. Positive 👍
🎯 Tata Motors :
JLR is currently experiencing some COVID-19 supply chain disruption. As a result, JLR has adjusted production schedules for certain vehicles. Negative
🎯 Tata Elxsi : The company reported sharply higher profit at Rs 115.16 crore in Q4FY21 against Rs 82.08 crore in Q4FY20, revenue rose to Rs 518.4 crore from Rs 438.88 crore YoY. The company recommended final dividend of Rs 24 per share for FY21 and one-time special dividend of Rs 24 per share. Positive. 👍
🎯 Indus Towers :
The company reported higher profit at Rs 1,363.8 crore in Q4FY21 against Rs 1,360 crore in Q3FY21, revenue fell to Rs 6,491.8 crore from Rs 6,736.1 crore QoQ. Positive 👍
🎯 Wonderla Holidays :
The company announced closure of its Kochi and Hyderabad amusement parks till April 29 or until further notice due to the current COVID-19 situation. Negative
🎯 Rallis India :
The company reported sharply higher consolidated profit at Rs 8.12 crore in Q4FY21 against Rs 0.68 crore in Q4FY20, revenue rose to Rs 471.26 crore from Rs 346.29 crore YoY.
🎯 Visaka Industries | The company reported sharply higher consolidated profit at Rs 30.87 crore against Rs 6.85 crore in Q4FY20, revenue rose to Rs 354.18 crore from Rs 227.7 crore YoY. Positive 👍
🎯 Pidilite Industries : The company's shareholding in its subsidiary entity - Cipy Poly Urethanes Pvt. Ltd. (CIPY) - has been increased from 70 percent to 100 percent. CIPY is now a wholly-owned subsidiary of the company. The consideration of Rs 60.49 crore has been paid in cash.
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